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Formosa Plastics (TPE:1301) Market Cap : NT$441,146 Mil (As of Apr. 30, 2024)


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What is Formosa Plastics Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Formosa Plastics's share price for the quarter that ended in Dec. 2023 was NT$79.2. Formosa Plastics's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 6,366 Mil. Therefore, Formosa Plastics's market cap for the quarter that ended in Dec. 2023 was NT$504,167 Mil.

Formosa Plastics's quarterly market cap declined from Jun. 2023 (NT$545,544 Mil) to Sep. 2023 (NT$507,986 Mil) and declined from Sep. 2023 (NT$507,986 Mil) to Dec. 2023 (NT$504,167 Mil).

Formosa Plastics's annual market cap declined from Dec. 2021 (NT$662,037 Mil) to Dec. 2022 (NT$552,546 Mil) and declined from Dec. 2022 (NT$552,546 Mil) to Dec. 2023 (NT$504,167 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Formosa Plastics's Enterprise Value for Today is NT$459,373 Mil.


Formosa Plastics Market Cap Historical Data

The historical data trend for Formosa Plastics's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Formosa Plastics Market Cap Chart

Formosa Plastics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 635,300.85 613,657.34 662,036.96 552,546.23 504,166.61

Formosa Plastics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 552,546.23 584,374.93 545,543.92 507,986.05 504,166.61

Competitive Comparison of Formosa Plastics's Market Cap

For the Specialty Chemicals subindustry, Formosa Plastics's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Formosa Plastics's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Plastics's Market Cap distribution charts can be found below:

* The bar in red indicates where Formosa Plastics's Market Cap falls into.



Formosa Plastics Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Formosa Plastics's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=NT$79.2*6365.74
=NT$504,167

Formosa Plastics's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=NT$79.2*6365.74
=NT$504,167

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Formosa Plastics  (TPE:1301) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Formosa Plastics Market Cap Related Terms

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Formosa Plastics (TPE:1301) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics, Polyolefins, Polypropylene, Tairylan, Chemistry, and Others. The company's products run the gambit of major petrochemicals and plastics. These are used in daily necessities, outdoor sports, mechanical industry, building material coating, and other applications. The company operates primarily in Asia, including Taiwan, mainland China, among others.

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