Forest Water Environmental Eng'g Co (TPE:8473) EV-to-EBITDA: 8.51 (As of Sep. 02, 2026) — 39% Below Median

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TPE:8473 Forest Water Environmental Eng'g Co Ltd TPE:8473
83 GF Score
Price NT$45.95
GF Value NT$45.80
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Forest Water Environmental Eng'g Co EV-to-EBITDA?

Forest Water Environmental Eng'g Co TPE:8473 -0.76% 83 EV-to-EBITDA is 8.51 as of Sep. 02, 2026, which is 39% below its 10-year median of 14.03. GuruFocus rates TPE:8473 with a GF Score™ of 83/100 and a GF Value™ of NT$45.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 179 Waste Management companies, Forest Water Environmental Eng'g Co ranks better than 63.13% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forest Water Environmental Eng'g Co's enterprise value is NT$11,095 Mil. Forest Water Environmental Eng'g Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,304 Mil. Therefore, Forest Water Environmental Eng'g Co's EV-to-EBITDA for today is 8.51.

The historical rank and industry rank for Forest Water Environmental Eng'g Co's EV-to-EBITDA or its related term are showing as below:

TPE:8473' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.49   Med: 14.03   Max: 95.93
Current: 8.51

During the past 13 years, the highest EV-to-EBITDA of Forest Water Environmental Eng'g Co was 95.93. The lowest was 7.49. And the median was 14.03.

TPE:8473's EV-to-EBITDA is ranked better than
63.13% of 179 companies
in the Waste Management industry
Industry Median: 10.44 vs TPE:8473: 8.51

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-02), Forest Water Environmental Eng'g Co's stock price is NT$45.95. Forest Water Environmental Eng'g Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$3.340. Therefore, Forest Water Environmental Eng'g Co's PE Ratio (TTM) for today is 13.76.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Forest Water Environmental Eng'g Co  (TPE:8473) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Forest Water Environmental Eng'g Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=45.95/3.340
=13.76

Forest Water Environmental Eng'g Co's share price for today is NT$45.95.
Forest Water Environmental Eng'g Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$3.340.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Forest Water Environmental Eng'g Co EV-to-EBITDA Related Terms


Forest Water Environmental Eng'g Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Forest Water Environmental Eng'g Co's EV-to-EBITDA 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.

Forest Water Environmental Eng'g Co EV-to-EBITDA Chart

Forest Water Environmental Eng'g Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.45 45.97 14.58 13.14 8.14

Forest Water Environmental Eng'g Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.62 9.77 8.14 7.77 9.08

TPE:8473 vs WM, RSG, WCN: EV-to-EBITDA Comparison

For the Waste Management subindustry, Forest Water Environmental Eng'g Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Waste Management Industry

For the Waste Management industry and Industrials sector, Forest Water Environmental Eng'g Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Forest Water Environmental Eng'g Co's EV-to-EBITDA falls into.


TPE:8473
83GF Score
Forest Water Environmental Eng'g Co Ltd TPE:8473
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forest Water Environmental Eng'g Co EV-to-EBITDA Calculation

Forest Water Environmental Eng'g Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=11095.269/1303.599
=8.51

Forest Water Environmental Eng'g Co's current Enterprise Value is NT$11,095 Mil.
Forest Water Environmental Eng'g Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,304 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 8.51 mean?
Forest Water Environmental Eng'g Co (TPE:8473) has a EV-to-EBITDA of 8.51 as of Sep. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forest Water Environmental Eng'g Co. This is 39% below median its historical median of 14.03. Over the past decade, Forest Water Environmental Eng'g Co's EV-to-EBITDA has ranged from 7.49 to 95.93. According to the industry distribution chart, Forest Water Environmental Eng'g Co ranks #66 out of 179 companies in the Waste Management industry, placing it in the top 36.9%.
Is Forest Water Environmental Eng'g Co's EV-to-EBITDA too high?
Forest Water Environmental Eng'g Co's current EV-to-EBITDA of 8.51 is 39% below median its 10-year median of 14.03. Over the past 10 years, this metric has ranged from a low of 7.49 to a high of 95.93. The Waste Management industry median EV-to-EBITDA is 10.44. Forest Water Environmental Eng'g Co's value of 8.51 is 18.5% below this industry median. Based on the distribution chart, Forest Water Environmental Eng'g Co ranks #66 out of 179 companies in the Waste Management industry, which is above the industry midpoint. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's EV-to-EBITDA compare to WM and RSG?
According to the Waste Management industry distribution chart, Forest Water Environmental Eng'g Co ranks #66 out of 179 companies for EV-to-EBITDA. This puts Forest Water Environmental Eng'g Co in the upper half of its industry. The industry median EV-to-EBITDA is 10.44. Forest Water Environmental Eng'g Co's value of 8.51 is 18.5% below this benchmark. Historically, Forest Water Environmental Eng'g Co's own EV-to-EBITDA has ranged from 7.49 to 95.93 over the past decade. While the company's 10-year median is 14.03 vs. the industry median of 10.44, 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 EV-to-EBITDA for a Waste Management company?
The median EV-to-EBITDA among Waste Management companies is 10.44, based on 179 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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 EV-to-EBITDA of 8.51 is 18.5% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Forest Water Environmental Eng'g Co. For the Waste Management industry, the median EV-to-EBITDA is 10.44 — 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 EV-to-EBITDA is 8.51, which is 39% below median its own 10-year median of 14.03. 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 Fairly Valued. The stock's GF Value™ is NT$45.80, compared to a current price of NT$45.95 — trading 0.3% above its estimated fair value. The current EV-to-EBITDA is 8.51, which is 39% below median its 10-year median of 14.03 and 18.5% below the Waste Management industry median of 10.44. Forest Water Environmental Eng'g Co's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current EV-to-EBITDA is 8.51 as of Sep. 02, 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.

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$45.95 is trading 0.3% above its estimated GF Value™ of NT$45.80. GuruFocus considers Forest Water Environmental Eng'g Co to be Fairly Valued.

Key valuation signals for TPE:8473:

  • EV-to-EBITDA: 8.51 (39% below median its 10-year median of 14.03)
  • GF Value™: NT$45.80 vs. price of NT$45.95 (0.3% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 18.5% below the Waste Management median (#66 of 179)

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

Address Number 99 Jilin Road, 3rd Floor, Zhongshan District, Taipei, TWN
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.
83GF Score

Get the complete analysis for TPE:8473

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$45.95
Price
NT$45.80
GF Value