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8473.TW$56.00+1.08%
Fair $56.00+0.0%

8473.TW

Forest Water Environmental Engineering Co., Ltd.

Industrials / Waste ManagementTaiwan

$56.00

+0.60 (+1.08%)

Fairly Valued+0.0%Fair Value $56.00Fund rank 29/100 · Data gapFallback financials|
SA 54/C
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 34% · confianza 19%

FCF escenarios

weak_data · normalized FCF $484.1M · quality 45.3/100

Data gap 29/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 32/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

54/100

C

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · 8473.TWLocal privado en este navegador · Forest Water Environmental Engineering Co., Ltd.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$10.1B

P/E

22.7x

↑

EV/EBITDA

10.5x

↑

ROE

6.8%

↑

Gross Margin

23.7%

↓

Debt/Equity

0.82

↑
52-Week Range$56
$31$57

TradingView lightweight chart

8473.TW price, volumen y niveles de valoración

Último $56.00Periodo +5.6%
Fair value: $56.00

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+9.3%

FCF CAGR

—

FCF margin

30.0%

FCF / Net income

3.33x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $5.12B · net income $461.9M · FCF $1.54B

2022-FY → 2025-FY

Gross margin

23.7%+16.9% pts

Operating margin

17.9%+16.9% pts

Net margin

9.0%+16.0% pts

FCF margin

30.0%+39.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$5.12B$5.12B$3.39B$3.68B$3.92B
Net Income$461.9M$461.9M$167.2M$39.8M$-273.0M
EBITDA$1.14B$1.14B$764.4M$640.0M$206.3M
EPS——0.900.23-1.83
Gross Margin23.7%23.7%22.2%16.8%6.8%
Operating Margin17.9%17.9%15.0%11.1%1.0%
Net Margin9.0%9.0%4.9%1.1%-7.0%
Balance Sheet
Debt/Equity0.820.820.860.971.16
Current Ratio1.561.56———
Cash Flow
Free Cash Flow$1.54B$1.54B$442.8M$484.1M$-363.5M
Returns
ROE6.8%6.8%2.5%0.7%-5.2%
Valuation
P/E22.6722.6739.94127.86—
EV/EBITDA10.5110.5112.6414.1142.55
P/B1.491.491.030.900.75
Growth & Yield
Revenue Growth51.3%51.3%-8.0%-6.2%—
EPS Growth——291.3%112.6%—
Dividend Yield1.3%1.3%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +76.3%

Total return

+76.3%

Start / end P/E

n/dx → n/dx

EPS bridge

0.90 → n/d

Residual

+75.0%

EPS growthn/d
Multiple reratingn/d
Dividend+1.3%
Residual / FX / buybacks / cross-term+75.0%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.