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Formosa Optical Technology Co., Ltd.

Formosa Optical Technology Co., Ltd.

TTPEX:5312
89.00
TWD
-0.30
(-0.34%)
7.31EPS
12.03P/E
5.29BMarket Cap
Formosa Optical Technology Co., Ltd.
TPEX:5312
(Taipei Exchange)

Recent

price

89.00

P/E

ratio

12.03

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
31.43
33.63
35.94
36.99
39.96
42.32
44.8
47.48
51.05
53.55
50.98
48.51
54.91
64.33
66.13
68.74
73.13
Revenue per Share
3.84
3.75
5.42
5.94
5.87
6.22
5.98
5.06
4.22
6.31
5.13
4.83
2.83
6.96
8.24
6.41
7.32
Basic EPS, GAAP
3.58
1.56
2.36
2.84
3.84
-9.59
4.27
4.77
6.23
7.9
6.88
9.08
9.25
11.12
9.71
8.84
10.12
Free Cash Flow per Basic Share
2
2.2
2.6
3.6
4.2
3.6
3.6
3.6
3.8
3.8
4
4
4.3
4.3
6
7.5
- -
Dividend per Share
17.08
20.3
27.16
32.89
35.55
37.68
38.04
38.46
39.52
42.07
43.3
44.08
43.17
49.25
57.82
62.08
71.37
Book Value per Share
17.08
20.21
27.08
32.75
35.36
37.54
37.91
38.35
39.34
41.81
43.01
43.77
42.85
48.99
57.54
61.43
70.53
Tangible Book Value per Share
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
60
Basic Weighted Avg Shares
1,888
2,020
2,158
2,222
2,400
2,541
2,691
2,852
3,066
3,216
3,062
2,913
3,298
3,864
3,972
4,129
4,389
Sales/Revenue/Turnover
5.47
3.79
5.73
5.28
5.78
4.99
4.69
5.47
5.52
5.16
4.13
2.34
5.67
8.49
8.38
7.24
6.98
Operating Margin (%)
62
65
61
57
64
74
88
92
97
431
449
448
475
499
516
552
586
Depreciation Expense
231
225
326
357
352
373
359
304
254
379
308
290
170
418
495
385
440
Net Income, GAAP
14.11
18.92
17.9
17.62
18.89
18.6
19.01
19.11
32.43
14.76
18.08
18.39
17.32
16.32
19.95
19.3
16.29
Effective Tax Rate (%)
12.22
11.15
15.09
16.07
14.69
14.69
13.35
10.66
8.27
11.79
10.07
9.95
5.16
10.82
12.46
9.33
10.02
Profit Margin (%)
316
264
259
296
299
71
176
131
142
-185
-458
-406
1,302
1,656
1,962
1,977
2,426
Working Capital
- -
- -
- -
- -
- -
526
609
578
545
971
990
899
872
1,032
1,022
1,258
1,346
LT Debt
1,029
1,219
1,631
1,975
2,135
2,263
2,302
2,324
2,384
2,536
2,606
2,649
2,599
2,964
3,479
3,729
4,286
Total Equity
7.52
3.59
3.24
3.55
3.99
3.55
3.02
3.71
3.34
3.62
2.31
1.2
3.12
4.9
4.19
3.32
3.45
Return on Invested Capital (%)
19.88
16.87
19.75
17.54
15.18
13.05
11.02
9.33
7.74
10.25
7.31
6.73
3.96
8.11
8.45
5.98
6.66
Return on Capital (%)
23.53
20.06
22.85
19.8
17.15
16.98
15.8
13.24
10.83
15.47
12.03
11.05
6.5
15.06
15.39
10.7
12
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,753
2,722
2,634
LT Borrowings
282
275
267
LT Finance Leases
976
986
1,078
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
6,066
5,766
5,291

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,501
5,515
6,118
Cash, Cash Equivalents & STI
4,458
4,426
4,995
Accounts Receivable, Net
29
29
35
Inventories
861
904
947
Total Current Liabilities
3,524
3,442
3,692
Payables & Accruals
- -
- -
- -
ST Debt
2,753
2,722
2,634
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.28%
7.67%
7.19%
Free Cash Flow
-5.57%
6.51%
-8.94%
Net Income, GAAP
8.97%
18.91%
-22.14%
Sales/Revenue/Turnover
5.17%
6.45%
3.94%
Total Cash Common Dividend
- -
- -
25%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,024
955
1,013
980
3,972
2025
1,001
960
1,040
1,127
4,129
2026
1,125
1,098
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.37
1.79
2.49
1.59
8.24
2025
2
0.76
2.6
1.06
6.41
2026
1.48
2.19
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6
2025
- -
- -
- -
- -
7.5
2026
- -
- -
- -
- -
- -
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Business
Formosa Optical Technology Co., Ltd. (5312.TWO) operates as Taiwan's largest optical retail chain, providing comprehensive eyecare products and professional optometry services through an extensive network of stores. The company offers optical frames including near-sighted, astigmatism, far-sighted, and progressive multi-focal lenses; sunglasses frames and lenses; contact lenses encompassing transparent, colored, long-wear, disposable, astigmatism, and corneal discoloration varieties; eye drops; and advanced optometry equipment, all distributed via over 450 direct sales stores nationwide and complemented by e-commerce platform EYESmart. Founded in 1976 and headquartered at 16F., No. 97, Sec. 1, Xintai 5th Rd., Xizhi Dist., New Taipei City, Taiwan, it listed on the Taipei Exchange in 1996 and primarily serves domestic consumers with a membership base exceeding 4 million. In recent developments, Formosa Optical has accelerated its digital transformation by partnering with Appier since around 2019, implementing a Customer Data Platform in 2024 to unify online and offline data for AI-driven customer segmentation, behavior prediction, and personalized recommendations across its mobile app, website, email, and SMS channels. This initiative includes launches of AI-powered personalization features, CRM enhancements, augmented reality (AR) contact lens try-on capabilities, and omnichannel marketing strategies, culminating in the company winning the 2025 IDC Future Enterprise Awards Special Award for Customer Experience in both Asia/Pacific and Taiwan categories on November 26, 2025. These enhancements have shortened marketing campaign workflows sevenfold, boosted e-commerce conversions, and improved repurchase rates while leasing facilities to affiliate Yung Sheng Optical Co., Ltd., reinforcing its position in Taiwan's eyewear retail sector.