Forest Water Environmental Eng'g Co (TPE:8473) 3-Year RORE % : 79.30% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:8473 Forest Water Environmental Eng'g Co Ltd TPE:8473
80 GF Score
Price NT$44.25
GF Value NT$41.96
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Forest Water Environmental Eng'g Co 3-Year RORE %?

Forest Water Environmental Eng'g Co TPE:8473 80 3-Year RORE % is 79.30 as of Dec. 2025. GuruFocus rates TPE:8473 with a GF Score™ of 80/100 and a GF Value™ of NT$41.96 (Fairly Valued). The stock has 3 warning signs investors should review. Among 222 Waste Management companies, Forest Water Environmental Eng'g Co ranks better than 86.94% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Forest Water Environmental Eng'g Co's 3-Year RORE % for the quarter that ended in Dec. 2025 was 79.30%.

The industry rank for Forest Water Environmental Eng'g Co's 3-Year RORE % or its related term are showing as below:

TPE:8473's 3-Year RORE % is ranked better than
86.94% of 222 companies
in the Waste Management industry
Industry Median: 7.425 vs TPE:8473: 79.30

Forest Water Environmental Eng'g Co  (TPE:8473) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Forest Water Environmental Eng'g Co 3-Year RORE % Related Terms


Forest Water Environmental Eng'g Co 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Forest Water Environmental Eng'g Co's 3-Year RORE % 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 3-Year RORE % Chart

Forest Water Environmental Eng'g Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.45 89.48 46.85 -172.39 79.30

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
3-Year RORE % 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 -172.39 -295.15 -534.34 158.21 79.30

TPE:8473 vs WM, RSG, WCN: 3-Year RORE % Comparison

For the Waste Management subindustry, Forest Water Environmental Eng'g Co's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Forest Water Environmental Eng'g Co's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Forest Water Environmental Eng'g Co's 3-Year RORE % falls into.


TPE:8473
80GF Score
Forest Water Environmental Eng'g Co Ltd TPE:8473
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forest Water Environmental Eng'g Co 3-Year RORE % Calculation

Forest Water Environmental Eng'g Co's 3-Year RORE % for the quarter that ended in Dec. 2025 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 2.46-0.211 )/( 3.561-0.725 )
=2.249/2.836
=79.30 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 79.30 mean?
Forest Water Environmental Eng'g Co (TPE:8473) has a 3-Year RORE % of 79.30 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Forest Water Environmental Eng'g Co and its competitors. According to the industry distribution chart, Forest Water Environmental Eng'g Co ranks #29 out of 222 companies in the Waste Management industry, placing it in the top 13.1%.
Is Forest Water Environmental Eng'g Co's 3-Year RORE % too high?
Forest Water Environmental Eng'g Co's current 3-Year RORE % is 79.30. The Waste Management industry median 3-Year RORE % is 7.43. Forest Water Environmental Eng'g Co's value of 79.30 is 968% above this industry median. Based on the distribution chart, Forest Water Environmental Eng'g Co ranks #29 out of 222 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Forest Water Environmental Eng'g Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forest Water Environmental Eng'g Co's 3-Year RORE % compare to WM and RSG?
According to the Waste Management industry distribution chart, Forest Water Environmental Eng'g Co ranks #29 out of 222 companies for 3-Year RORE %. This places Forest Water Environmental Eng'g Co in the top 13% of its industry — outperforming the majority of peers. The industry median 3-Year RORE % is 7.43. Forest Water Environmental Eng'g Co's value of 79.30 is 968% 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 3-Year RORE % for a Waste Management company?
The median 3-Year RORE % among Waste Management companies is 7.43, based on 222 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % 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 3-Year RORE % of 79.30 is 968% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Forest Water Environmental Eng'g Co and its competitors. For the Waste Management industry, the median 3-Year RORE % is 7.43 — 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 3-Year RORE % is 79.30. 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$41.96, compared to a current price of NT$44.25 — trading 5.5% above its estimated fair value. The current 3-Year RORE % is 79.30 and 968% above the Waste Management industry median of 7.43. 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 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Forest Water Environmental Eng'g Co (TPE:8473), the current 3-Year RORE % is 79.30 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$44.25 is trading 5.5% above its estimated GF Value™ of NT$41.96. GuruFocus considers Forest Water Environmental Eng'g Co to be Fairly Valued.

Key valuation signals for TPE:8473:

  • 3-Year RORE %: 79.30
  • GF Value™: NT$41.96 vs. price of NT$44.25 (5.5% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 968% above the Waste Management median (#29 of 222)

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

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

NT$44.25
Price
NT$41.96
GF Value