Valuation: Forth Corporation

Market Cap 1.56TCr 47Cr 41Cr 38Cr 35Cr 65Cr 4.51TCr 67Cr 448.44Cr 175.34Cr 2.26TCr 177.05Cr 173.21Cr 7.5TCr P/E 2026 *
16.5x
P/E 2027 * 14.2x
Enterprise Value 1.92TCr 58Cr 50Cr 47Cr 43Cr 80Cr 5.54TCr 82Cr 550.59Cr 215.27Cr 2.77TCr 217.38Cr 212.66Cr 9.21TCr EV / Sales 2026 *
1.58x
EV / Sales 2027 * 1.5x
Free-Float
19.9%
Yield 2026 *
1.8%
Yield 2027 * 2.1%
23/07 Yuanta Securities Starts Forth Corporation at Buy with THB21.30 Price Target MT
18/05 Forth Corporation posts total revenue for Q1 2,602 million baht RE
18/05 Forth Corporation Public Company Limited Announces Board and Committee Changes, Effective May 15, 2026 CI
18/05 Forth Corporation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
14/05 Forth Smart Service Public Company Limited and Forth Corporation Public Company Limited Establish New Joint Venture Company with Registered Capital Forth Smart Service Public Company Limited And Forth Corporation Public Company Limited Establish New Joint Venture Company With Registered Capital Of THB 20 Million CI
02/03 Forth Corporation posts FY total revenues 11,608 million baht RE
02/03 Forth Corporation Public Company Limited Announces Board Changes, Effective February 27, 2026 CI
02/03 Forth Corporation Public Company Limited agreed to acquire an additional 11.30% stake in Forth EMS Public Company Limited from group of shareholders for THB 45 million. CI
02/03 Forth Corporation Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
02/03 Forth Corporation Public Company Limited announces Annual dividend, payable on May 08, 2026 CI
17/11 Forth Corporation Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
17/11 Forth Corporation posts qtrly profit attributable 407.4 million baht RE
22/25/22 Forth Corporation Public Company Limited(SET:FORTH) dropped from S&P Global BMI Index CI
1 week-1.18%
Current month-7.22%
1 month+7.05%
3 months+26.52%
6 months+114.10%
Current year+190.43%
1 week 16.3
Extreme 16.3
17.2
1 month 14.8
Extreme 14.8
18.2
Current year 5.45
Extreme 5.45
18.9
1 year 5.45
Extreme 5.45
18.9
3 years 5.45
Extreme 5.45
36.25
5 years 5.45
Extreme 5.45
64
10 years 4.96
Extreme 4.96
64
Manager TitleAgeSince
Chief Executive Officer 62 18/10/2011
Director of Finance/CFO 53 01/01/2008
Chief Tech/Sci/R&D Officer - -
Director TitleAgeSince
Director/Board Member 64 08/07/2005
Director/Board Member 64 08/07/2005
Director/Board Member 62 18/10/2011
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-1.18% - - 47Cr
+1.19%+3.00%+58.12%+47.43% 13TCr
+1.04%+2.31%+251.44%+842.17% 5.16TCr
+1.50%+3.96%+155.18%+373.04% 4.66TCr
-0.77%+7.43%+66.24%+217.70% 3.83TCr
+0.08%+3.06%+106.23%+114.34% 3.19TCr
+0.89%-1.68%+25.42%+68.87% 3.15TCr
+0.15%-2.48%-10.94%-8.02% 2.69TCr
-1.55%-2.90%+14.05%+73.21% 1.89TCr
-0.95%-0.12%+14.74%+42.51% 1.78TCr
Average +0.16%+1.26%+75.61%+196.81% 4.41TCr
Weighted average by Cap. +0.61%+1.79%+87.97%+209.65%

Financials

2026 *2027 *
Net sales 1.21TCr 37Cr 32Cr 30Cr 27Cr 51Cr 3.5TCr 52Cr 348.34Cr 136.2Cr 1.75TCr 137.53Cr 134.54Cr 5.83TCr 1.28TCr 39Cr 33Cr 31Cr 28Cr 53Cr 3.68TCr 54Cr 366.34Cr 143.24Cr 1.84TCr 144.64Cr 141.5Cr 6.13TCr
Net income 95Cr 2.86Cr 2.47Cr 2.33Cr 2.11Cr 3.98Cr 273.94Cr 4.04Cr 27Cr 11Cr 137.18Cr 11Cr 11Cr 455.88Cr 110.7Cr 3.34Cr 2.89Cr 2.71Cr 2.47Cr 4.64Cr 319.55Cr 4.71Cr 32Cr 12Cr 160.02Cr 13Cr 12Cr 531.78Cr
Net Debt 355.8Cr 11Cr 9.28Cr 8.72Cr 7.93Cr 15Cr 1.03TCr 15Cr 102.14Cr 40Cr 514.33Cr 40Cr 39Cr 1.71TCr 347.4Cr 10Cr 9.06Cr 8.51Cr 7.74Cr 15Cr 1TCr 15Cr 100Cr 39Cr 502.18Cr 39Cr 39Cr 1.67TCr
Logo Forth Corporation
Forth Corporation Public Company Limited is engaged in research, development, and production organization. The Company distributes and provides information communication technology services and electronics, including a network of automated and financial service channels. The Company operates in three segments: Electronics manufacturing service business, Enterprise solutions business, and Smart service business. The Electronics manufacturing service business is a business segment that sources, manufactures and distributes electronics parts, both works manufactured orders and general equipment. The Enterprise solutions business is a business segment that bids for project work, sources, subcontracts and installs various systems for the government and private sectors. The Smart service business is a business segment that provides online financial transaction services and sells products and services through vending machines.
Employees
1,441
Date Price Change Volume
14/26/14 THB 16.70 0.00% 71,20,200
13/26/13 THB 16.70 +2.45% 83,03,700
11/26/11 THB 16.30 -0.61% 51,08,500
10/26/10 THB 16.40 -2.96% 48,86,700
07/26/07 THB 16.90 +0.60% 31,59,600
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
16.70THB
Average target price
21.30THB
Spread / Average Target
+27.54%

Annual profits - Rate of surprise