Forest Water Environmental Eng'g Co (TPE:8473) Research & Development: NT$6 Mil (TTM As of Dec. 2025)


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
! 3 Warning Signs
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What is Forest Water Environmental Eng'g Co Research & Development?

Forest Water Environmental Eng'g Co TPE:8473 -3.02% 80 Research & Development is NT$6 Mil as of Dec. 2025. GuruFocus rates TPE:8473 with a GF Score™ of 80/100 and a GF Value™ of NT$41.92 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Forest Water Environmental Eng'g Co's Research & Development for the three months ended in Dec. 2025 was NT$1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$6 Mil.

Forest Water Environmental Eng'g Co  (TPE:8473) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Forest Water Environmental Eng'g Co Research & Development Related Terms

Forest Water Environmental Eng'g Co Research & Development Historical Data

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The historical data trend for Forest Water Environmental Eng'g Co's Research & Development 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 Research & Development Chart

Forest Water Environmental Eng'g Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.48 0.00 0.00 6.32

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
Research & Development 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 0.00 1.89 1.10 2.17 1.16
TPE:8473
80GF Score
Forest Water Environmental Eng'g Co Ltd TPE:8473
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Forest Water Environmental Eng'g Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$6 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 Research & Development →
What does a Research & Development of NT$6 Mil mean?
Forest Water Environmental Eng'g Co (TPE:8473) has a Research & Development of NT$6 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Forest Water Environmental Eng'g Co and its competitors.
Is Forest Water Environmental Eng'g Co's Research & Development too high?
Forest Water Environmental Eng'g Co's current Research & Development is NT$6 Mil. 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 Research & Development compare to WM and RSG?
Forest Water Environmental Eng'g Co's Research & Development of NT$6 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 Research & Development for a Waste Management company?
A good Research & Development depends on the Waste Management industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Forest Water Environmental Eng'g Co and its competitors. Forest Water Environmental Eng'g Co's current Research & Development is NT$6 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 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 Research & Development is NT$6 Mil. Forest Water Environmental Eng'g Co's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current Research & Development is NT$6 Mil 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:

  • Research & Development: NT$6 Mil
  • GF Value™: NT$41.92 vs. price of NT$48.10 (14.7% above fair value)
  • GF Score™: 80/100 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.
80GF Score

Get the complete analysis for TPE:8473

Research & Development 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