Forth Corporation PCL (BKK:FORTH)

Forth Corporation PCL Statistics

Total Valuation

BKK:FORTH has a market cap or net worth of THB 6.59 billion. The enterprise value is 12.77 billion.

Market Cap	6.59B
Enterprise Value	12.77B

Important Dates

The last earnings date was Thursday, November 13, 2025.

Earnings Date	Nov 13, 2025
Ex-Dividend Date	n/a

Share Statistics

BKK:FORTH has 935.37 million shares outstanding. The number of shares has increased by 0.84% in one year.

Current Share Class	935.37M
Shares Outstanding	935.37M
Shares Change (YoY)	+0.84%
Shares Change (QoQ)	-1.01%
Owned by Insiders (%)	65.10%
Owned by Institutions (%)	3.38%
Float	314.43M

Valuation Ratios

The trailing PE ratio is 10.92 and the forward PE ratio is 6.84.

PE Ratio	10.92
Forward PE	6.84
PS Ratio	0.60
PB Ratio	1.67
P/TBV Ratio	2.72
P/FCF Ratio	n/a
P/OCF Ratio	23.88
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.22, with an EV/FCF ratio of -140.45.

EV / Earnings	21.04
EV / Sales	1.16
EV / EBITDA	6.22
EV / EBIT	9.40
EV / FCF	-140.45

Financial Position

The company has a current ratio of 0.87, with a Debt / Equity ratio of 1.51.

Current Ratio	0.87
Quick Ratio	0.48
Debt / Equity	1.51
Debt / EBITDA	2.91
Debt / FCF	-65.46
Interest Coverage	6.80

Financial Efficiency

Return on equity (ROE) is 24.34% and return on invested capital (ROIC) is 9.04%.

Return on Equity (ROE)	24.34%
Return on Assets (ROA)	6.78%
Return on Invested Capital (ROIC)	9.04%
Return on Capital Employed (ROCE)	28.27%
Revenue Per Employee	7.61M
Profits Per Employee	421,075
Employee Count	1,441
Asset Turnover	0.88
Inventory Turnover	3.61

Taxes

In the past 12 months, BKK:FORTH has paid 294.50 million in taxes.

Income Tax	294.50M
Effective Tax Rate	25.41%

Stock Price Statistics

The stock price has decreased by -42.21% in the last 52 weeks. The beta is 0.16, so BKK:FORTH's price volatility has been lower than the market average.

Beta (5Y)	0.16
52-Week Price Change	-42.21%
50-Day Moving Average	7.72
200-Day Moving Average	7.85
Relative Strength Index (RSI)	51.43
Average Volume (20 Days)	1,263,189

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, BKK:FORTH had revenue of THB 10.97 billion and earned 606.77 million in profits. Earnings per share was 0.65.

Revenue	10.97B
Gross Profit	2.83B
Operating Income	1.35B
Pretax Income	1.16B
Net Income	606.77M
EBITDA	1.98B
EBIT	1.35B
Earnings Per Share (EPS)	0.65

Balance Sheet

The company has 1.18 billion in cash and 5.95 billion in debt, giving a net cash position of -4.76 billion or -5.09 per share.

Cash & Cash Equivalents	1.18B
Total Debt	5.95B
Net Cash	-4.76B
Net Cash Per Share	-5.09
Equity (Book Value)	3.94B
Book Value Per Share	2.71
Working Capital	-1.04B

Cash Flow

In the last 12 months, operating cash flow was 276.17 million and capital expenditures -367.06 million, giving a free cash flow of -90.89 million.

Operating Cash Flow	276.17M
Capital Expenditures	-367.06M
Free Cash Flow	-90.89M
FCF Per Share	-0.10

Margins

Gross margin is 25.82%, with operating and profit margins of 12.31% and 5.53%.

Gross Margin	25.82%
Operating Margin	12.31%
Pretax Margin	10.57%
Profit Margin	5.53%
EBITDA Margin	18.08%
EBIT Margin	12.31%
FCF Margin	n/a

Dividends & Yields

BKK:FORTH does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-0.84%
Shareholder Yield	-0.84%
Earnings Yield	9.20%
FCF Yield	-1.38%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on July 8, 2008. It was a forward split with a ratio of 2.

Last Split Date	Jul 8, 2008
Split Type	Forward
Split Ratio	2

Scores

Altman Z-Score	n/a
Piotroski F-Score	7