Formosan Union Chemical has a quick ratio of 1.32. It generally indicates good short-term financial strength.
The historical rank and industry rank for Formosan Union Chemical's Quick Ratio or its related term are showing as below:
TPE:1709'
s Quick Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.82 Max: 1.38
Current: 1.32
During the past 13 years, Formosan Union Chemical's highest Quick Ratio was 1.38. The lowest was 0.51. And the median was 0.82.
TPE:1709's Quick Ratio is ranked worse than 51.8% of 1610
companies
in the Chemicals industry
Industry Median: 1.375
vs TPE:1709: 1.32
Formosan Union Chemical (TPE:1709) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Formosan Union Chemical Quick Ratio Related Terms
Formosan Union Chemical Quick Ratio Historical Data
* 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.
For the Chemicals subindustry, Formosan Union Chemical's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Formosan Union Chemical Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosan Union Chemical's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Formosan Union Chemical's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Formosan Union Chemical's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Formosan Union Chemical (TPE:1709) has a Quick Ratio of 1.32 as of Dec. 2025. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Formosan Union Chemical and its competitors. This is 61% above median its historical median of 0.82. Over the past decade, Formosan Union Chemical's Quick Ratio has ranged from 0.51 to 1.38. According to the industry distribution chart, Formosan Union Chemical ranks #834 out of 1610 companies in the Chemicals industry, placing it in the top 51.8%.
Is Formosan Union Chemical's Quick Ratio too high?
Formosan Union Chemical's current Quick Ratio of 1.32 is 61% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 1.38. The Chemicals industry median Quick Ratio is 1.38. Formosan Union Chemical's value of 1.32 is 4% below this industry median. Based on the distribution chart, Formosan Union Chemical ranks #834 out of 1610 companies in the Chemicals industry, which is below the industry midpoint. Overall, Formosan Union Chemical has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosan Union Chemical's Quick Ratio compare to DOW?
According to the Chemicals industry distribution chart, Formosan Union Chemical ranks #834 out of 1610 companies for Quick Ratio. This places Formosan Union Chemical in the lower half of its industry. The industry median Quick Ratio is 1.38. Formosan Union Chemical's value of 1.32 is 4% below this benchmark. Historically, Formosan Union Chemical's own Quick Ratio has ranged from 0.51 to 1.38 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.38, Formosan Union Chemical has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,610 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formosan Union Chemical's current Quick Ratio of 1.32 is 4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Formosan Union Chemical and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosan Union Chemical's current Quick Ratio is 1.32, which is 61% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosan Union Chemical stock overvalued right now?
Based on GuruFocus' analysis, Formosan Union Chemical (TPE:1709) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$18.58, compared to a current price of NT$21.30 — trading 14.6% above its estimated fair value. The current Quick Ratio is 1.32, which is 61% above median its 10-year median of 0.82 and 4% below the Chemicals industry median of 1.38. Formosan Union Chemical's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Formosan Union Chemical (TPE:1709), the current Quick Ratio is 1.32 as of Dec. 2025. 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 Formosan Union Chemical (TPE:1709) Overvalued in 2026?
Based on GuruFocus' analysis, Formosan Union Chemical stock appears to be overvalued.
The current stock price of NT$21.30 is trading 14.6% above its estimated GF Value™ of NT$18.58.
GuruFocus considers Formosan Union Chemical to be Modestly Overvalued.
Key valuation signals for TPE:1709:
Quick Ratio: 1.32 (61% above median its 10-year median of 0.82)
GF Value™: NT$18.58 vs. price of NT$21.30 (14.6% above fair value)
Industry Position: 4% below the Chemicals median (#834 of 1610)
No single metric tells the full story. See the TPE:1709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the production, processing, and trading of chemical products. Its key products are alkyl benzene, nonyl phenol, and hydrogenated hydrocarbon resin and its derivatives. The products are mainly used as raw materials for detergents, surfactants, rubbers, and plastic anti-oxidant agents, among others.
79GF Score
Get the complete analysis for TPE:1709
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