Forest Water Environmental Eng'g Co (TPE:8473) Enterprise Value: NT$10,722 Mil (As of Aug. 15, 2026) ***

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TPE:8473 Forest Water Environmental Eng'g Co Ltd TPE:8473
79 GF Score
Price NT$45.15
GF Value NT$42.91
Valuation Fairly Valued
! 3 Warning Signs
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What is Forest Water Environmental Eng'g Co Enterprise Value?

Forest Water Environmental Eng'g Co TPE:8473 -0.88% 79 Enterprise Value is NT$10,722 Mil as of Aug. 15, 2026. GuruFocus rates TPE:8473 with a GF Score™ of 79/100 and a GF Value™ of NT$42.91 (Fairly Valued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forest Water Environmental Eng'g Co's Enterprise Value is NT$10,722 Mil. Forest Water Environmental Eng'g Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,003 Mil. Therefore, Forest Water Environmental Eng'g Co's EV-to-EBIT ratio for today is 10.69.

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$10,722 Mil. Forest Water Environmental Eng'g Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,209 Mil. Therefore, Forest Water Environmental Eng'g Co's EV-to-EBITDA ratio for today is 8.87.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Forest Water Environmental Eng'g Co's Enterprise Value is NT$10,722 Mil. Forest Water Environmental Eng'g Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was NT$5,245 Mil. Therefore, Forest Water Environmental Eng'g Co's EV-to-Revenue ratio for today is 2.04.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Forest Water Environmental Eng'g Co's Enterprise Value is NT$10,722 Mil. Forest Water Environmental Eng'g Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,910 Mil. Therefore, Forest Water Environmental Eng'g Co's EV-to-OCF ratio for today is 5.61.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Forest Water Environmental Eng'g Co's Enterprise Value is NT$10,722 Mil. Forest Water Environmental Eng'g Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,803 Mil. Therefore, Forest Water Environmental Eng'g Co's EV-to-FCF ratio for today is 5.95.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Forest Water Environmental Eng'g Co  (TPE:8473) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Forest Water Environmental Eng'g Co's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10721.529/1002.645
=10.69

Forest Water Environmental Eng'g Co's current Enterprise Value is NT$10,722 Mil.
Forest Water Environmental Eng'g Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,003 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=10721.529/1209.289
=8.87

Forest Water Environmental Eng'g Co's current Enterprise Value is NT$10,722 Mil.
Forest Water Environmental Eng'g Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,209 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Forest Water Environmental Eng'g Co's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=10721.529/5245.222
=2.04

Forest Water Environmental Eng'g Co's current Enterprise Value is NT$10,722 Mil.
Forest Water Environmental Eng'g Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$5,245 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Forest Water Environmental Eng'g Co's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=10721.529/1910.277
=5.61

Forest Water Environmental Eng'g Co's current Enterprise Value is NT$10,722 Mil.
Forest Water Environmental Eng'g Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,910 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Forest Water Environmental Eng'g Co's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=10721.529/1803.023
=5.95

Forest Water Environmental Eng'g Co's current Enterprise Value is NT$10,722 Mil.
Forest Water Environmental Eng'g Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,803 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.


Forest Water Environmental Eng'g Co Enterprise Value Related Terms


Forest Water Environmental Eng'g Co Enterprise Value Historical Data

* Premium members only.

The historical data trend for Forest Water Environmental Eng'g Co's Enterprise Value 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 Enterprise Value Chart

Forest Water Environmental Eng'g Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,715.02 9,483.73 9,328.90 10,048.62 9,251.75

Forest Water Environmental Eng'g Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 9,603.91 9,304.50 9,710.87 9,251.75 9,390.75

TPE:8473 vs WM, RSG, WCN: Enterprise Value Comparison

For the Waste Management subindustry, Forest Water Environmental Eng'g Co's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Waste Management Industry

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

* The bar in red indicates where Forest Water Environmental Eng'g Co's Enterprise Value falls into.


TPE:8473
79GF Score
Forest Water Environmental Eng'g Co Ltd TPE:8473
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forest Water Environmental Eng'g Co Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Forest Water Environmental Eng'g Co's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Forest Water Environmental Eng'g Co's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of NT$10,722 Mil mean?
Forest Water Environmental Eng'g Co (TPE:8473) has a Enterprise Value of NT$10,722 Mil as of Aug. 15, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Forest Water Environmental Eng'g Co and its competitors.
Is Forest Water Environmental Eng'g Co's Enterprise Value too high?
Forest Water Environmental Eng'g Co's current Enterprise Value is NT$10,722 Mil. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's Enterprise Value compare to WM and RSG?
Forest Water Environmental Eng'g Co's Enterprise Value of NT$10,722 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Waste Management company?
A good Enterprise Value depends on the Waste Management industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Forest Water Environmental Eng'g Co and its competitors. Forest Water Environmental Eng'g Co's current Enterprise Value is NT$10,722 Mil. 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$42.91, compared to a current price of NT$45.15 — trading 5.2% above its estimated fair value. The current Enterprise Value is NT$10,722 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current Enterprise Value is NT$10,722 Mil as of Aug. 15, 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$45.15 is trading 5.2% above its estimated GF Value™ of NT$42.91. GuruFocus considers Forest Water Environmental Eng'g Co to be Fairly Valued.

Key valuation signals for TPE:8473:

  • Enterprise Value: NT$10,722 Mil
  • GF Value™: NT$42.91 vs. price of NT$45.15 (5.2% above fair value)
  • GF Score™: 79/100 with 3 warning signs

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.
79GF Score

Get the complete analysis for TPE:8473

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

NT$45.15
Price
NT$42.91
GF Value