Forest Water Environmental Eng'g Co (TPE:8473) Net Margin %: 5.93% (As of Dec. 2025) — Near Median


TPE:8473 Forest Water Environmental Eng'g Co Ltd TPE:8473
80 GF Score
Price NT$48.10
GF Value NT$41.92
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Forest Water Environmental Eng'g Co Net Margin %?

Forest Water Environmental Eng'g Co TPE:8473 -3.02% 80 Net Margin % is 5.93% as of Dec. 2025, which is 1% above its 10-year median of 5.90. GuruFocus rates TPE:8473 with a GF Score™ of 80/100 and a GF Value™ of NT$41.92 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 242 Waste Management companies, Forest Water Environmental Eng'g Co ranks better than 69.01% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Forest Water Environmental Eng'g Co's Net Income for the three months ended in Dec. 2025 was NT$90 Mil. Forest Water Environmental Eng'g Co's Revenue for the three months ended in Dec. 2025 was NT$1,521 Mil. Therefore, Forest Water Environmental Eng'g Co's net margin for the quarter that ended in Dec. 2025 was 5.93%.

The historical rank and industry rank for Forest Water Environmental Eng'g Co's Net Margin % or its related term are showing as below:

TPE:8473' s Net Margin % Range Over the Past 10 Years
Min: -6.96   Med: 5.9   Max: 21.52
Current: 9.01


TPE:8473's Net Margin % is ranked better than
69.01% of 242 companies
in the Waste Management industry
Industry Median: 3.9 vs TPE:8473: 9.01

Forest Water Environmental Eng'g Co  (TPE:8473) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Forest Water Environmental Eng'g Co Net Margin % Related Terms


Forest Water Environmental Eng'g Co Net Margin % Historical Data

* Premium members only.

The historical data trend for Forest Water Environmental Eng'g Co's Net Margin % 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 Net Margin % Chart

Forest Water Environmental Eng'g Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.94 -6.96 1.08 4.94 9.01

Forest Water Environmental Eng'g Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Net Margin % 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 0.53 14.29 11.19 6.61 5.93

TPE:8473 vs WM, RSG, WCN: Net Margin % Comparison

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

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

* The bar in red indicates where Forest Water Environmental Eng'g Co's Net Margin % falls into.


TPE:8473
80GF Score
Forest Water Environmental Eng'g Co Ltd TPE:8473
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forest Water Environmental Eng'g Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=461.879/5124.595
=9.01 %

Forest Water Environmental Eng'g Co's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=90.246/1520.597
=5.93 %

* 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 Net Margin % →
What does a Net Margin % of 5.93% mean?
Forest Water Environmental Eng'g Co (TPE:8473) has a Net Margin % of 5.93% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Forest Water Environmental Eng'g Co and its competitors. This is near median its historical median of 5.90. According to the industry distribution chart, Forest Water Environmental Eng'g Co ranks #75 out of 242 companies in the Waste Management industry, placing it in the top 31%.
Is Forest Water Environmental Eng'g Co's Net Margin % too high?
Forest Water Environmental Eng'g Co's current Net Margin % of 5.93% is near median its 10-year median of 5.90. The Waste Management industry median Net Margin % is 3.90. Forest Water Environmental Eng'g Co's value of 5.93% is 52.1% above this industry median. Based on the distribution chart, Forest Water Environmental Eng'g Co ranks #75 out of 242 companies in the Waste Management industry, which is above the industry midpoint. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's Net Margin % compare to WM and RSG?
According to the Waste Management industry distribution chart, Forest Water Environmental Eng'g Co ranks #75 out of 242 companies for Net Margin %. This puts Forest Water Environmental Eng'g Co in the upper half of its industry. The industry median Net Margin % is 3.90. Forest Water Environmental Eng'g Co's value of 5.93% is 52.1% above this benchmark. While the company's 10-year median is 5.90 vs. the industry median of 3.90, Forest Water Environmental Eng'g Co has consistently been above 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 Net Margin % for a Waste Management company?
The median Net Margin % among Waste Management companies is 3.90, based on 242 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % of 5.93% is 52.1% above 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Forest Water Environmental Eng'g Co and its competitors. For the Waste Management industry, the median Net Margin % is 3.90 — 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 Net Margin % is 5.93%, which is near median its own 10-year median of 5.90. 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$41.92, compared to a current price of NT$48.10 — trading 14.7% above its estimated fair value. The current Net Margin % is 5.93%, which is near median its 10-year median of 5.90 and 52.1% above the Waste Management industry median of 3.90. Forest Water Environmental Eng'g Co's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current Net Margin % is 5.93% 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$48.10 is trading 14.7% above its estimated GF Value™ of NT$41.92. GuruFocus considers Forest Water Environmental Eng'g Co to be Modestly Overvalued.

Key valuation signals for TPE:8473:

  • Net Margin %: 5.93% (near median its 10-year median of 5.90)
  • GF Value™: NT$41.92 vs. price of NT$48.10 (14.7% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 52.1% above the Waste Management median (#75 of 242)

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.
80GF Score

Get the complete analysis for TPE:8473

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

NT$48.10
Price
NT$41.92
GF Value