TPE:8473'
s Current Ratio Range Over the Past 10 Years
Min: 0.94 Med: 1.22 Max: 3.52
Current: 1.43
During the past 13 years, Forest Water Environmental Eng'g Co's highest Current Ratio was 3.52. The lowest was 0.94. And the median was 1.22.
TPE:8473's Current Ratio is ranked worse than 55.28% of 246
companies
in the Waste Management industry
Industry Median: 1.54
vs TPE:8473: 1.43
Forest Water Environmental Eng'g Co (TPE:8473) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Forest Water Environmental Eng'g Co Current Ratio Related Terms
Forest Water Environmental Eng'g Co Current Ratio Historical Data
* 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.
Forest Water Environmental Eng'g Co Current Ratio Chart
TPE:8473 vs WM, RSG, WCN: Current Ratio Comparison
For the Waste Management subindustry, Forest Water Environmental Eng'g Co's Current Ratio, along with its competitors' market caps and Current Ratio 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.
Forest Water Environmental Eng'g Co Current Ratio vs Waste Management Industry
For the Waste Management industry and Industrials sector, Forest Water Environmental Eng'g Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Forest Water Environmental Eng'g Co's Current Ratio falls into.
* 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.
Forest Water Environmental Eng'g Co (TPE:8473) has a Current Ratio of 1.43 as of Dec. 2025. This is 17% above median its historical median of 1.22. Over the past decade, Forest Water Environmental Eng'g Co's Current Ratio has ranged from 0.94 to 3.52. According to the industry distribution chart, Forest Water Environmental Eng'g Co ranks #136 out of 246 companies in the Waste Management industry, placing it in the top 55.3%.
Is Forest Water Environmental Eng'g Co's Current Ratio too high?
Forest Water Environmental Eng'g Co's current Current Ratio of 1.43 is 17% above median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 3.52. The Waste Management industry median Current Ratio is 1.54. Forest Water Environmental Eng'g Co's value of 1.43 is 7.1% below this industry median. Based on the distribution chart, Forest Water Environmental Eng'g Co ranks #136 out of 246 companies in the Waste Management industry, which is below the industry midpoint. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's Current Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Forest Water Environmental Eng'g Co ranks #136 out of 246 companies for Current Ratio. This places Forest Water Environmental Eng'g Co in the lower half of its industry. The industry median Current Ratio is 1.54. Forest Water Environmental Eng'g Co's value of 1.43 is 7.1% below this benchmark. Historically, Forest Water Environmental Eng'g Co's own Current Ratio has ranged from 0.94 to 3.52 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 1.54, Forest Water Environmental Eng'g Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Waste Management company?
The median Current Ratio among Waste Management companies is 1.54, based on 246 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forest Water Environmental Eng'g Co's current Current Ratio of 1.43 is 7.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median Current Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forest Water Environmental Eng'g Co's current Current Ratio is 1.43, which is 17% above median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forest Water Environmental Eng'g Co stock overvalued right now?
Based on GuruFocus' analysis, Forest Water Environmental Eng'g Co (TPE:8473) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$41.93, compared to a current price of NT$49.15 — trading 17.2% above its estimated fair value. The current Current Ratio is 1.43, which is 17% above median its 10-year median of 1.22 and 7.1% below the Waste Management industry median of 1.54. Forest Water Environmental Eng'g Co's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current Current Ratio is 1.43 as of Dec. 2025. 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.
Is Forest Water Environmental Eng'g Co (TPE:8473) Overvalued in 2026?
Based on GuruFocus' analysis, Forest Water Environmental Eng'g Co stock appears to be overvalued.
The current stock price of NT$49.15 is trading 17.2% above its estimated GF Value™ of NT$41.93.
GuruFocus considers Forest Water Environmental Eng'g Co to be Modestly Overvalued.
Key valuation signals for TPE:8473:
Current Ratio: 1.43 (17% above median its 10-year median of 1.22)
GF Value™: NT$41.93 vs. price of NT$49.15 (17.2% above fair value)
Industry Position: 7.1% below the Waste Management median (#136 of 246)
No single metric tells the full story. See the TPE:8473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forest Water Environmental Eng'g Co Business Description
Forest Water Environmental Eng'g Co Ltd is engaged includes engineering projects for environmental protection, sewage treatment, waste treatment and recycling, and the recycling and decomposition of compostable food waste. It also provides the construction of a water purification plant, the construction of a sewage treatment plant in the scientific industrial park, and the construction of a sewage treatment plant.
79GF Score
Get the complete analysis for TPE:8473
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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