More stocks to consider
Alternative stocks to Formosa Plastics (TSEC:1301)


These are the alternatives to Formosa Plastics that fall within the same industry, Commodity Chemicals, or region, Taiwan.

How to read the ranks

For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).

(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.

See Formosa Plastics Performance

Formosa Plastics stock research in summary

fpc.com.tw


Formosa Plastics shares are more expensive than other comparable stocks. While they show above average growth, they are riskily financed, and are poor value. We recommend evaluating whether the future of the company Formosa Plastics is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


Latest Obermatt Ranks


Log in or sign up to see the new 360° View and Sentiment ranks.

Country Taiwan
Industry Commodity Chemicals
Index
Size class X-Large

Large companies - similar industry as Formosa Plastics

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Kuraray (XL, JP)  Commodity Chemicals
1. Kuraray (XL, JP)   Commodity Chemicals 67 95 88 96
2. Kaneka (XL, JP)  Commodity Chemicals
2. Kaneka (XL, JP)   Commodity Chemicals 87 61 75 92
3. Asahi Kasei (XXL, JP)  Commodity Chemicals
3. Asahi Kasei (XXL, JP)   Commodity Chemicals 79 27 75 71
4. Lotte Chemical (XXL, KR)  Commodity Chemicals
4. Lotte Chemical (XXL, KR)   Commodity Chemicals 81 53 49 70
5. Tosoh (XL, JP)  Commodity Chemicals
5. Tosoh (XL, JP)   Commodity Chemicals 61 100 82 66
6. Korea Kumho Petrochemical (XL, KR)  Commodity Chemicals
6. Korea Kumho Petrochemical (XL, KR)   Commodity Chemicals 83 25 66 66
7. Mitsui Chemicals (XL, JP)  Commodity Chemicals
7. Mitsui Chemicals (XL, JP)   Commodity Chemicals 97 67 58 66
8. Toray (XXL, JP)  Commodity Chemicals
8. Toray (XXL, JP)   Commodity Chemicals 31 91 45 54
9. Kolon Industries (XL, KR)  Commodity Chemicals
9. Kolon Industries (XL, KR)   Commodity Chemicals 93 45 19 52
10. LG Chem (XXL, KR)  Commodity Chemicals
10. LG Chem (XXL, KR)   Commodity Chemicals 49 51 42 40

June 5, 2025

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Formosa Plastics

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. WPG (XXL, TW)  Technology Distributors
1. WPG (XXL, TW)   Technology Distributors 100 95 25 98
2. Hon Hai Precision Industry (XXL, TW)  Electr. Manufacturing Services
2. Hon Hai Precision Industry (XXL, TW)   Electr. Manufacturing Services 97 73 53 96
3. MSI (XL, TW)  Technology Hardware & Peripherals
3. MSI (XL, TW)   Technology Hardware & Peripherals 77 65 92 96
4. Asustek Computer (XXL, TW)  Technology Hardware & Peripherals
4. Asustek Computer (XXL, TW)   Technology Hardware & Peripherals 59 93 78 92
5. Novatek Microelectronics (XL, TW)  Semiconductors
5. Novatek Microelectronics (XL, TW)   Semiconductors 41 61 96 88
6. WT Microelectronics (XXL, TW)  Technology Distributors
6. WT Microelectronics (XXL, TW)   Technology Distributors 97 81 29 85
7. Evergreen Marine (XL, TW)  Marine
7. Evergreen Marine (XL, TW)   Marine 81 13 97 83
8. Pou Chen (XL, TW)  Footwear
8. Pou Chen (XL, TW)   Footwear 95 25 75 82
9. Fubon Financial (XXL, TW)  Life & Health Insurance
9. Fubon Financial (XXL, TW)   Life & Health Insurance 77 57 34 81
10. Yang Ming Marine Transport (XL, TW)  Marine
10. Yang Ming Marine Transport (XL, TW)   Marine 63 27 100 79

June 5, 2025


Find more stock ideas
Use your own criteria to filter for stocks or sign up for the latest Top 10 Stock tips.
Log in or Sign up

Mid sized companies - similar industry as Formosa Plastics

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. LINTEC (L, JP)  Commodity Chemicals
1. LINTEC (L, JP)   Commodity Chemicals 93 45 98 94
2. TSRC (L, TW)  Commodity Chemicals
2. TSRC (L, TW)   Commodity Chemicals 69 100 53 94
3. Adeka (L, JP)  Commodity Chemicals
3. Adeka (L, JP)   Commodity Chemicals 65 51 82 85
4. Tokai Carbon (L, JP)  Commodity Chemicals
4. Tokai Carbon (L, JP)   Commodity Chemicals 53 77 54 77
5. Toyobo (L, JP)  Commodity Chemicals
5. Toyobo (L, JP)   Commodity Chemicals 97 29 63 72
6. International CSRC Investment (M, TW)  Commodity Chemicals
6. International CSRC Investment (M, TW)   Commodity Chemicals 61 47 71 69
7. Zeon (L, JP)  Commodity Chemicals
7. Zeon (L, JP)   Commodity Chemicals 73 15 96 67
8. UNID (L, KR)  Commodity Chemicals
8. UNID (L, KR)   Commodity Chemicals 63 33 80 65
9. SK Chemicals (L, KR)  Commodity Chemicals
9. SK Chemicals (L, KR)   Commodity Chemicals 33 73 67 65
10. DENKA (L, JP)  Commodity Chemicals
10. DENKA (L, JP)   Commodity Chemicals 91 37 33 54

June 5, 2025


Mid sized companies - similar region as Formosa Plastics

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Simplo Technology (L, TW)  Electronic Components
1. Simplo Technology (L, TW)   Electronic Components 87 87 100 100
2. Greatek Electronics (M, TW)  Semiconductors
2. Greatek Electronics (M, TW)   Semiconductors 87 63 100 100
3. Lion Travel Service (M, TW)  Hotels, Resorts & Cruise Lines
3. Lion Travel Service (M, TW)   Hotels, Resorts & Cruise Lines 75 63 91 99
4. Kindom Construction (M, TW)  Real Estate Development
4. Kindom Construction (M, TW)   Real Estate Development 71 87 94 98
5. MiTACoration (L, TW)  Technology Hardware & Peripherals
5. MiTACoration (L, TW)   Technology Hardware & Peripherals 66 83 84 98
6. Taiwan Surface Mounting Technology (L, TW)  Semiconductors
6. Taiwan Surface Mounting Technology (L, TW)   Semiconductors 93 81 72 98
7. Fitipower Integrated Technology (M, TW)  Semiconductors
7. Fitipower Integrated Technology (M, TW)   Semiconductors 93 75 100 98
8. Chun Yuan Steel Industry (M, TW)  Steel
8. Chun Yuan Steel Industry (M, TW)   Steel 79 91 52 96
9. CyberPower Systems (M, TW)  Electr. Components & Equipment
9. CyberPower Systems (M, TW)   Electr. Components & Equipment 57 97 61 96
10. Sitronix Technologyoration (M, TW)  Semiconductors
10. Sitronix Technologyoration (M, TW)   Semiconductors 77 59 94 96

June 5, 2025



Obermatt Portfolio Performance
We’re so convinced about our research, that we buy our stock tips.
See the performance of the Obermatt portfolio.