Forest Water Environmental Eng'g Co (TPE:8473) ROCE %: 8.73% (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 ROCE %?

Forest Water Environmental Eng'g Co TPE:8473 -3.02% 80 ROCE % is 8.73% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Forest Water Environmental Eng'g Co's annualized ROCE % for the quarter that ended in Dec. 2025 was 8.73%.

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

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Forest Water Environmental Eng'g Co ROCE % Related Terms

Forest Water Environmental Eng'g Co ROCE % Historical Data

* Premium members only.

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

Forest Water Environmental Eng'g Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.98 0.12 4.46 5.42 7.95

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
ROCE % 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 4.34 9.35 7.01 6.48 8.73
TPE:8473
80GF Score
Forest Water Environmental Eng'g Co Ltd TPE:8473
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forest Water Environmental Eng'g Co ROCE % Calculation

Forest Water Environmental Eng'g Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=931.099/( ( (15678.647 - 3887.336) + (16691.998 - 5053.454) )/ 2 )
=931.099/( (11791.311+11638.544)/ 2 )
=931.099/11714.9275
=7.95 %

Forest Water Environmental Eng'g Co's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=1014.28/( ( (16164.628 - 4571.931) + (16691.998 - 5053.454) )/ 2 )
=1014.28/( ( 11592.697 + 11638.544 )/ 2 )
=1014.28/11615.6205
=8.73 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.73% mean?
Forest Water Environmental Eng'g Co (TPE:8473) has a ROCE % of 8.73% as of Dec. 2025.
Is Forest Water Environmental Eng'g Co's ROCE % too high?
Forest Water Environmental Eng'g Co's current ROCE % is 8.73%. The Waste Management industry median ROCE % is 5.83. Forest Water Environmental Eng'g Co's value of 8.73% is 49.7% above this industry median. 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 ROCE % compare to WM and RSG?
Forest Water Environmental Eng'g Co's ROCE % of 8.73% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.83. Forest Water Environmental Eng'g Co's value of 8.73% is 49.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Waste Management company?
The median ROCE % among Waste Management companies is 5.83, based on 237 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % of 8.73% is 49.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median ROCE % is 5.83 — 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 ROCE % is 8.73%. 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 ROCE % is 8.73% and 49.7% above the Waste Management industry median of 5.83. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current ROCE % is 8.73% 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:

  • ROCE %: 8.73%
  • GF Value™: NT$41.92 vs. price of NT$48.10 (14.7% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 49.7% above the Waste Management median

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

ROCE % 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