Forward Water Technologies (TSXV:FWTC) Beta: 0.0912 (As of Jul. 13, 2026)


TSXV:FWTC Forward Water Technologies Corp TSXV:FWTC
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What is Forward Water Technologies Beta?

Forward Water Technologies TSXV:FWTC 10 Beta is 0.0912 as of Jul. 13, 2026. GuruFocus rates TSXV:FWTC with a GF Score™ of 10/100.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-13), Forward Water Technologies's Beta is 0.0912.

Forward Water Technologies  (TSXV:FWTC) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Forward Water Technologies Beta Related Terms

Forward Water Technologies Beta Historical Data

* Premium members only.

The historical data trend for Forward Water Technologies's Beta can be seen below:

* 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.

Forward Water Technologies Beta Chart

Forward Water Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Beta
0.00 0.00 0.00 0.00

Forward Water Technologies Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.68

TSXV:FWTC vs AWK, WTRG, AWR: Beta Comparison

For the Utilities - Regulated Water subindustry, Forward Water Technologies's Beta, along with its competitors' market caps and Beta 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.

Forward Water Technologies Beta vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Forward Water Technologies's Beta distribution charts can be found below:

* The bar in red indicates where Forward Water Technologies's Beta falls into.


TSXV:FWTC
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Forward Water Technologies Corp TSXV:FWTC
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Forward Water Technologies Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.0912 mean?
Forward Water Technologies (TSXV:FWTC) has a Beta of 0.0912 as of Jul. 13, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Forward Water Technologies and its competitors.
Is Forward Water Technologies' Beta too high?
Forward Water Technologies' current Beta is 0.0912. Overall, Forward Water Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Forward Water Technologies' Beta compare to AWK and WTRG?
Forward Water Technologies' Beta of 0.0912 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Utilities - Regulated company?
A good Beta depends on the Utilities - Regulated industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Forward Water Technologies and its competitors. Forward Water Technologies's current Beta is 0.0912. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Water Technologies stock overvalued right now?
Forward Water Technologies (TSXV:FWTC) has a current Beta of 0.0912. The current Beta is 0.0912. Forward Water Technologies' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Forward Water Technologies (TSXV:FWTC), the current Beta is 0.0912 as of Jul. 13, 2026. 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.

Forward Water Technologies Business Description

Address 1086 Modeland Road, Sarnia, ON, CAN, N7S 6L2
Forward Water Technologies Corp operates as a waste water treatment company. Its principal activity is the commercialization of its proprietary forward osmosis technology. The company's technology allows businesses to clean their wastewater that would otherwise require costly disposal.
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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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