Forest Water (Taiwan) Performance
| 8473 Stock | TWD 36.65 0.65 1.74% |
The firm shows a Beta (market volatility) of -0.005, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Forest Water are expected to decrease at a much lower rate. During the bear market, Forest Water is likely to outperform the market. At this point, Forest Water Environ has a negative expected return of -0.34%. Please make sure to confirm Forest Water's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Forest Water Environ performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Forest Water Environmental has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
| Begin Period Cash Flow | 1.7 B | |
| Total Cashflows From Investing Activities | 167 M |
Forest |
Forest Water Relative Risk vs. Return Landscape
If you would invest 4,585 in Forest Water Environmental on August 29, 2024 and sell it today you would lose (920.00) from holding Forest Water Environmental or give up 20.07% of portfolio value over 90 days. Forest Water Environmental is generating negative expected returns and assumes 1.6963% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than Forest, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Forest Water Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forest Water's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Forest Water Environmental, and traders can use it to determine the average amount a Forest Water's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2008
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| Negative Returns | 8473 |
Estimated Market Risk
| 1.7 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Forest Water is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Forest Water by adding Forest Water to a well-diversified portfolio.
Forest Water Fundamentals Growth
Forest Stock prices reflect investors' perceptions of the future prospects and financial health of Forest Water, and Forest Water fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Forest Stock performance.
| Return On Equity | -0.0037 | |||
| Return On Asset | 0.0129 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 7.75 B | |||
| Shares Outstanding | 144.25 M | |||
| Price To Earning | 26.70 X | |||
| Price To Book | 0.73 X | |||
| Price To Sales | 1.02 X | |||
| Revenue | 3.96 B | |||
| EBITDA | 848.24 M | |||
| Cash And Equivalents | 1.46 B | |||
| Cash Per Share | 11.02 X | |||
| Total Debt | 3.03 B | |||
| Debt To Equity | 0.68 % | |||
| Book Value Per Share | 37.43 X | |||
| Cash Flow From Operations | 96.36 M | |||
| Earnings Per Share | 1.20 X | |||
| Total Asset | 15.61 B | |||
About Forest Water Performance
Evaluating Forest Water's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Forest Water has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Forest Water has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Forest Water Environmental Engineering Co., Ltd. engages in environmental engineering business in Taiwan. The company was founded in 1993 and is headquartered in Taipei City, Taiwan. FOREST WATER operates under Waste Management classification in Taiwan and is traded on Taiwan Stock Exchange.Things to note about Forest Water Environ performance evaluation
Checking the ongoing alerts about Forest Water for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Forest Water Environ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Forest Water Environ generated a negative expected return over the last 90 days | |
| Forest Water Environ has high likelihood to experience some financial distress in the next 2 years | |
| Forest Water Environmental has accumulated 3.03 B in total debt with debt to equity ratio (D/E) of 0.68, which is about average as compared to similar companies. Forest Water Environ has a current ratio of 0.93, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Forest Water until it has trouble settling it off, either with new capital or with free cash flow. So, Forest Water's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Forest Water Environ sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forest to invest in growth at high rates of return. When we think about Forest Water's use of debt, we should always consider it together with cash and equity. | |
| About 75.0% of Forest Water shares are owned by insiders or employees |
- Analyzing Forest Water's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Forest Water's stock is overvalued or undervalued compared to its peers.
- Examining Forest Water's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Forest Water's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Forest Water's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Forest Water's stock. These opinions can provide insight into Forest Water's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Forest Stock Analysis
When running Forest Water's price analysis, check to measure Forest Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forest Water is operating at the current time. Most of Forest Water's value examination focuses on studying past and present price action to predict the probability of Forest Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forest Water's price. Additionally, you may evaluate how the addition of Forest Water to your portfolios can decrease your overall portfolio volatility.