Forest Water Environmental Eng'g Co (TPE:8473) ROE % Adjusted to Book Value: 5.38% (As of Dec. 2025)


TPE:8473 Forest Water Environmental Eng'g Co Ltd TPE:8473
79 GF Score
Price NT$48.60
GF Value NT$41.94
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Forest Water Environmental Eng'g Co ROE % Adjusted to Book Value?

Forest Water Environmental Eng'g Co TPE:8473 -1.12% 79 ROE % Adjusted to Book Value is 5.38% as of Dec. 2025. GuruFocus rates TPE:8473 with a GF Score™ of 79/100 and a GF Value™ of NT$41.94 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Forest Water Environmental Eng'g Co's ROE % for the quarter that ended in Dec. 2025 was 5.33%. Forest Water Environmental Eng'g Co's PB Ratio for the quarter that ended in Dec. 2025 was 0.99. Forest Water Environmental Eng'g Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 5.38%.


Forest Water Environmental Eng'g Co ROE % Adjusted to Book Value Related Terms


Forest Water Environmental Eng'g Co ROE % Adjusted to Book Value Historical Data

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The historical data trend for Forest Water Environmental Eng'g Co's ROE % Adjusted to Book 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 ROE % Adjusted to Book Value Chart

Forest Water Environmental Eng'g Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 -6.60 0.87 2.74 6.97

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
ROE % Adjusted to Book 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 0.38 11.84 7.34 6.10 5.38

TPE:8473 vs WM, RSG, WCN: ROE % Adjusted to Book Value Comparison

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

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

* The bar in red indicates where Forest Water Environmental Eng'g Co's ROE % Adjusted to Book Value falls into.


TPE:8473
79GF Score
Forest Water Environmental Eng'g Co Ltd TPE:8473
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Forest Water Environmental Eng'g Co ROE % Adjusted to Book Value Calculation

Forest Water Environmental Eng'g Co's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=6.90% / 0.99
=6.97%

Forest Water Environmental Eng'g Co's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=5.33% / 0.99
=5.38%

* 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.

What does a ROE % Adjusted to Book Value of 5.38% mean?
Forest Water Environmental Eng'g Co (TPE:8473) has a ROE % Adjusted to Book Value of 5.38% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Forest Water Environmental Eng'g Co and its competitors.
Is Forest Water Environmental Eng'g Co's ROE % Adjusted to Book Value too high?
Forest Water Environmental Eng'g Co's current ROE % Adjusted to Book Value is 5.38%. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's ROE % Adjusted to Book Value compare to WM and RSG?
Forest Water Environmental Eng'g Co's ROE % Adjusted to Book Value of 5.38% 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 ROE % Adjusted to Book Value for a Waste Management company?
A good ROE % Adjusted to Book Value depends on the Waste Management industry context. However, ROE % Adjusted to Book 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Forest Water Environmental Eng'g Co and its competitors. Forest Water Environmental Eng'g Co's current ROE % Adjusted to Book Value is 5.38%. 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$41.94, compared to a current price of NT$48.60 — trading 15.9% above its estimated fair value. The current ROE % Adjusted to Book Value is 5.38%. Forest Water Environmental Eng'g Co's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current ROE % Adjusted to Book Value is 5.38% 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$48.60 is trading 15.9% above its estimated GF Value™ of NT$41.94. GuruFocus considers Forest Water Environmental Eng'g Co to be Modestly Overvalued.

Key valuation signals for TPE:8473:

  • ROE % Adjusted to Book Value: 5.38%
  • GF Value™: NT$41.94 vs. price of NT$48.60 (15.9% above fair value)
  • GF Score™: 79/100 with 6 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

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$48.60
Price
NT$41.94
GF Value