What is Formosa Advanced Technologies Co., Ltd.'s (8131.TW) StockRank?

MoatMap's StockRank for Formosa Advanced Technologies Co., Ltd. (8131.TW) is 84/100, with a Strong Buy signal. This is a composite score combining Quality (53), Value (43), and Momentum (75) factor ranks across MoatMap's 19,000+ stock universe.

Does Formosa Advanced Technologies Co., Ltd. have an economic moat?

Formosa Advanced Technologies Co., Ltd. (8131.TW) has a Quality factor score of 53/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Formosa Advanced Technologies Co., Ltd. a buy, hold, or sell?

MoatMap's current signal for Formosa Advanced Technologies Co., Ltd. (8131.TW) is Strong Buy, based on a StockRank of 84/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Formosa Advanced Technologies Co., Ltd. in?

Formosa Advanced Technologies Co., Ltd. (8131.TW) operates in the Technology sector, specifically the Semiconductors industry (Taiwan).

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8131.TW

STRONG BUYAPPROVE

Formosa Advanced Technologies Co., Ltd. · Technology · Taiwan · $1.0B · Avg Vol: $20M/d

StockRank

P/E (TTM)

55.7x

ROE

7.6%

D/E

0.0x

Dividend %

1.4%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

As a key Taiwanese OSAT (Outsourced Semiconductor Assembly and Test) provider with close ties to the Formosa Group and major foundries, FATC is a direct beneficiary of the advanced packaging capacity crunch. As AI chips transition to 2.5D/3D packaging structures, testing and packaging complexity increases exponentially, driving higher margins and utilization rates for established players with local ecosystem integration.

COMPANY DESCRIPTION

Formosa Advanced Technologies Co., Ltd., a member of the Formosa Plastics Group, provides semiconductor packaging, testing, and wafer probing services. The company specializes in memory devices, logic ICs, and mixed-signal semiconductors, serving both domestic and international design houses. Its competitive position is secured by its stable corporate backing, advanced testing platforms, and high-quality manufacturing standards.

FINANCIAL SUMMARY

Year	2021	2022	2023	2024	2025	CAGR
Revenue	—	332M	244M	285M	316M	-1.7%
EPS	0.11	0.15	0.04	0.06	—	-16.6%
Shares	—	442M	442M	442M	442M	0.0%
Debt	—	18M	17M	15M	14M	-7.9%
Equity	—	405M	376M	348M	390M	-1.2%
Op CF	—	106M	59M	56M	14M	-49.6%
Inv CF	—	-20M	-30M	-22M	-27M	—
Fin CF	—	-36M	-48M	-14M	-22M	—

PRICE (1M)+9.7%

SMA 50SMA 200

$2.41

RSI (14)

61.5

52W High

$2.72

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC

5.9%45.7

ROE

7.6%51.5

GP/Assets

10.3%22.2

Op. Margin

16.1%76.7

FCF/Assets

-7.2%17.7

Piotroski

—44.6

Int. Cover

50.0x87.6

D/E Ratio

0.03x80.4

Current Ratio

5.07x87.9

Value

P/E (TTM)

55.7x35.1

EV/EBITDA

16.6x46.6

P/FCF

—N/A

P/B

2.7x56.6

P/S

3.1x51.0

Div Yield

1.4%56.2

Momentum

52W High %

89%78.5

RS 6M

15%68.2

SMA 50/200

1.24x72.9

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—81.3

Q Growth

180%85.9

FUNDAMENTALS

Market Cap

$1.0B

P/E (Forward)

16.3x

Gross Margin

13.4%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 8131.TW are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
8131.TW	Formosa Advanced Technologies Co., Ltd.(you)	$1.0B	84	STRONG BUY
3227.TWO	PixArt Imaging Inc.	$1.1B	87	STRONG BUY
6291.TWO	Analog Integrations Corporation	$1.1B	80	STRONG BUY
8261.TW	Advanced Power Electronics Co., Ltd.	$686M	85	STRONG BUY
3592.TW	Raydium Semiconductor Corporation	$676M	85	STRONG BUY
2458.TW	ELAN Microelectronics Corporation	$1.5B	88	STRONG BUY
7822.TW	V5 TECHNOLOGIES CO LTD	$1.6B	88	STRONG BUY
6679.TWO	Zilltek Technology Corp.	$534M	85	STRONG BUY
8081.TW	Global Mixed-Mode Technology Inc.	$773M	93	STRONG BUY
3135.TW	Goldkey Technology Corporation	$745M	76	BUY

Peer medians: ROE 7.4% · P/E 34.1x · Gross margin 24.0%

Formosa Advanced Technologies Co., Ltd. (8131.TW) — Stock Score Summary

Formosa Advanced Technologies Co., Ltd. (8131.TW) has a MoatMap StockRank of 84/100 based on Quality (53/100), Value (43/100), and Momentum (75/100) factor scores. The current signal is STRONG BUY. As a key Taiwanese OSAT (Outsourced Semiconductor Assembly and Test) provider with close ties to the Formosa Group and major foundries, FATC is a direct beneficiary of the advanced packaging capacity crunch. As AI chips transition to 2.5D/3D packaging structures, testing and packaging complexity increases exponentially, driving higher margins and utilization rates for established players with local ecosystem integration.

Key Financial Metrics

Price	$2.41
Market Cap	$1.0B
P/E (TTM)	55.66
P/E (Forward)	16.35
Price/Book	2.66
Return on Equity	7.6%
Return on Invested Capital	5.9%
Debt/Equity	3.38
Gross Margin	13.4%
Operating Margin	16.1%
Revenue Growth	32.0%
Dividend Yield	1.4%
Free Cash Flow	$-1M

Formosa Advanced Technologies Co., Ltd. operates in the Semiconductors industry, part of the Technology sector (Taiwan).

Frequently Asked Questions

What is Formosa Advanced Technologies Co., Ltd.’s (8131.TW) StockRank?: MoatMap’s StockRank for Formosa Advanced Technologies Co., Ltd. (8131.TW) is 84/100, with a Strong Buy signal. It is a composite of Quality (53), Value (43), and Momentum (75) factor ranks across MoatMap’s 19,000+ stock universe.
Does Formosa Advanced Technologies Co., Ltd. have an economic moat?: Formosa Advanced Technologies Co., Ltd. (8131.TW) has a Quality factor score of 53/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Formosa Advanced Technologies Co., Ltd. a buy, hold, or sell?: MoatMap’s current signal for Formosa Advanced Technologies Co., Ltd. (8131.TW) is Strong Buy, based on a StockRank of 84/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Formosa Advanced Technologies Co., Ltd. in?: Formosa Advanced Technologies Co., Ltd. (8131.TW) operates in the Technology sector, specifically the Semiconductors industry (Taiwan).