Valuation Forest Water Environmental Engineering Co., Ltd.

Stocks

End-of-day quote Taiwan S.E. 12/11/2026			5-day change	1st Jan Change
34.50 ^TWD	+0.29%		-1.71%	+2.02%

10-05	Forest Water Environmental Engineering Acquires Office Real Estate	MT
08-13	Forest Water Environmental Engineering Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	5,527	4,796	3,967	4,469	6,497	6,764
Change	-	-13.23%	-17.29%	12.66%	45.38%	4.11%
Enterprise Value (EV) ¹	8,761	7,919	7,514	7,103	8,660	7,584
Change	-	-9.61%	-5.12%	-5.47%	21.92%	-12.42%
P/E	36x	25.6x	-14.5x	129x	40.1x	15.2x
PBR	0.98x	0.84x	0.75x	0.83x	0.99x	0.99x
PEG	-	1.2x	0x	-1x	0x	0x
Capitalization / Revenue	1.23x	1.21x	1.01x	1.21x	1.92x	1.32x
EV / Revenue	1.95x	2x	1.92x	1.93x	2.56x	1.48x
EV / EBITDA	11.9x	9.01x	32.3x	11.9x	12.6x	6.83x
EV / EBIT	15.6x	11.5x	192x	17.5x	17x	8.38x
EV / FCF	9.23x	19.1x	-28.6x	13.5x	-27x	5.61x
FCF Yield	10.8%	5.22%	-3.5%	7.39%	-3.7%	17.8%
Dividend per Share ²	0.8189	0.7447	-	-	0.6601	0.7234
Rate of return	2.44%	2.56%	-	-	2.03%	2.14%
EPS ²	0.9326	1.136	-1.658	0.2062	0.8113	2.232
Distribution rate	87.8%	65.5%	-	-	81.4%	32.4%
Net sales ¹	4,487	3,962	3,923	3,680	3,387	5,125
EBITDA ¹	733.2	879.4	232.7	594.4	687.1	1,110
EBIT ¹	561.9	686.8	39.2	407	508.2	905.2
Net income ¹	155	195.9	-273	39.75	167.2	461.9
Net Debt ¹	3,234	3,123	3,547	2,634	2,163	820.2
Reference price ²	33.57	29.13	24.09	26.64	32.55	33.82
Nbr of stocks (in thousands)	164,636	164,636	164,636	167,780	199,586	200,010
Announcement Date	31/03/21	31/03/22	30/03/23	29/03/24	25/03/25	20/03/26

¹TWD in Million²TWD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
FOREST WATER ENVIRONMENTAL ENGINEERING CO., LTD.	-	-	-	-	211M
QUANTA SERVICES, INC.	47.14x	2.31x	21.65x	0.07%	91.33B
VINCI	12.77x	1.08x	5.94x	4.56%	70.59B
LARSEN & TOUBRO LIMITED	27.84x	2.11x	21.3x	1.09%	60.91B
FERROVIAL N.V.	57.74x	4.48x	27.98x	1.76%	44.18B
COMFORT SYSTEMS USA, INC.	22.26x	2.69x	14.96x	0.3%	39.4B
HOCHTIEF AG	26.39x	0.66x	10.83x	2.35%	31.83B
EMCOR GROUP, INC.	19.2x	1.33x	12.15x	0.23%	29.02B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	5.79x	0.37x	7.03x	4.88%	28.41B
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.	22.11x	0.41x	6.42x	2.84%	27.36B
Average	26.80x	1.72x	14.25x	2.01%	42B
Weighted average by Cap.	29.54x	1.89x	15.58x	1.85%