Formosa Laboratories (TPE:4746) 3-1 Month Momentum %: -3.06% (As of Sep. 03, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:4746 Formosa Laboratories Inc TPE:4746
78 GF Score
Price NT$47.70
GF Value NT$71.39
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Formosa Laboratories 3-1 Month Momentum %?

Formosa Laboratories TPE:4746 -2.15% 78 3-1 Month Momentum % is -3.06% as of Sep. 03, 2026. GuruFocus rates TPE:4746 with a GF Score™ of 78/100 and a GF Value™ of NT$71.39 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,029 Drug Manufacturers companies, Formosa Laboratories ranks worse than 52.96% on this metric.

3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-09-03), Formosa Laboratories's 3-1 Month Momentum % is -3.06%.

The industry rank for Formosa Laboratories's 3-1 Month Momentum % or its related term are showing as below:

TPE:4746's 3-1 Month Momentum % is ranked worse than
52.96% of 1029 companies
in the Drug Manufacturers industry
Industry Median: -2.26 vs TPE:4746: -3.06

Formosa Laboratories  (TPE:4746) 3-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Formosa Laboratories 3-1 Month Momentum % Related Terms


TPE:4746 vs ZTS: 3-1 Month Momentum % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Formosa Laboratories's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % 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 Laboratories 3-1 Month Momentum % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Formosa Laboratories's 3-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Formosa Laboratories's 3-1 Month Momentum % falls into.


TPE:4746
78GF Score
Formosa Laboratories Inc TPE:4746
3-1 Month Momentum % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa Laboratories  (TPE:4746) 3-1 Month Momentum % Calculation

3-1 Month Momentum % is calculated as following:

3-1 Month Momentum %=( Price 1-month ago / Price 3-month ago - 1 ) * 100 %

* 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.

Frequently Asked Questions Learn more about 3-1 Month Momentum % →
What does a 3-1 Month Momentum % of -3.06% mean?
Formosa Laboratories (TPE:4746) has a 3-1 Month Momentum % of -3.06% as of Sep. 03, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Formosa Laboratories and its competitors. According to the industry distribution chart, Formosa Laboratories ranks #545 out of 1029 companies in the Drug Manufacturers industry, placing it in the top 53%.
Is Formosa Laboratories' 3-1 Month Momentum % too high?
Formosa Laboratories' current 3-1 Month Momentum % is -3.06%. Based on the distribution chart, Formosa Laboratories ranks #545 out of 1029 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Formosa Laboratories has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Formosa Laboratories' 3-1 Month Momentum % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Formosa Laboratories ranks #545 out of 1029 companies for 3-1 Month Momentum %. This places Formosa Laboratories in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Drug Manufacturers company?
A good 3-1 Month Momentum % depends on the Drug Manufacturers industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Formosa Laboratories and its competitors. Formosa Laboratories's current 3-1 Month Momentum % is -3.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Formosa Laboratories (TPE:4746) is currently considered Possible Value Trap. The stock's GF Value™ is NT$71.39, compared to a current price of NT$47.70 — trading 33.2% below its estimated fair value. The current 3-1 Month Momentum % is -3.06%. Formosa Laboratories' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Formosa Laboratories (TPE:4746), the current 3-1 Month Momentum % is -3.06% as of Sep. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Formosa Laboratories (TPE:4746) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Laboratories stock appears to be undervalued. The current stock price of NT$47.70 is trading 33.2% below its estimated GF Value™ of NT$71.39. GuruFocus considers Formosa Laboratories to be Possible Value Trap.

Key valuation signals for TPE:4746:

  • 3-1 Month Momentum %: -3.06%
  • GF Value™: NT$71.39 vs. price of NT$47.70 (33.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TPE:4746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Laboratories Business Description

Address No. 36-1, Heping Street, Luzhu disctrict, Taoyuan, TWN, 338002
Formosa Laboratories Inc is mainly engaged in the wholesale and manufacturing of active pharmaceutical ingredients, as well as ultraviolet absorbers. The company geographically operates in India, Taiwan, Netherlands, Switzerland, Germany, Japan, China, Canada, United States, and Others.
78GF Score

Get the complete analysis for TPE:4746

3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$47.70
Price
NT$71.39
GF Value