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2107.TW$25.65-0.19%
Fair $25.65+0.0%

2107.TW

Formosan Rubber Group Inc.

Basic Materials / Specialty ChemicalsTaiwan

$25.65

-0.05 (-0.19%)

Fairly Valued+0.0%Fair Value $25.65Fund rank 35/100 · Data gapFallback financials|
SA 42/C
F-Score: 5/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 32% · confianza 25%

FCF escenarios

weak_data · normalized FCF $648.8M · quality 70.0/100

Data gap 35/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 57/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

42/100

C

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists. ROE is 3.8%, below the 5% threshold
Thesis & Journal · 2107.TWLocal privado en este navegador · Formosan Rubber Group Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$7.8B

P/E

15.3x

↓

EV/EBITDA

10.5x

↓

ROE

3.8%

↑

Gross Margin

34.2%

↑

Debt/Equity

0.10

↓
52-Week Range$26
$23$27

TradingView lightweight chart

2107.TW price, volumen y niveles de valoración

Último $25.60Periodo +67.0%
Fair value: $25.65

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-9.3%

FCF CAGR

—

FCF margin

44.9%

FCF / Net income

1.28x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.44B · net income $507.8M · FCF $648.8M

2022-FY → 2025-FY

Gross margin

34.2%+1.9% pts

Operating margin

19.6%+0.5% pts

Net margin

35.2%-1.6% pts

FCF margin

44.9%+47.5% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.44B$1.44B$1.48B$1.36B$1.94B
Net Income$507.8M$507.8M$573.5M$518.9M$711.7M
EBITDA$728.6M$728.6M$778.7M$721.4M$943.4M
EPS——1.891.602.09
Gross Margin34.2%34.2%31.9%30.9%32.3%
Operating Margin19.6%19.6%16.7%14.7%19.1%
Net Margin35.2%35.2%38.7%38.2%36.7%
Balance Sheet
Debt/Equity0.100.100.120.120.12
Current Ratio7.327.32———
Cash Flow
Free Cash Flow$648.8M$648.8M$786.1M$645.5M$-48.6M
Returns
ROE3.8%3.8%4.4%4.2%6.0%
Valuation
P/E15.3315.3313.5215.1911.70
EV/EBITDA10.5010.5011.0112.008.39
P/B0.580.580.590.630.70
Growth & Yield
Revenue Growth-2.5%-2.5%8.9%-29.8%—
EPS Growth——18.1%-23.4%—
Dividend Yield5.4%5.4%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +2.7%

Total return

+2.7%

Start / end P/E

n/dx → n/dx

EPS bridge

1.89 → n/d

Residual

-2.7%

EPS growthn/d
Multiple reratingn/d
Dividend+5.4%
Residual / FX / buybacks / cross-term-2.7%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.