Company Valuation: Forth Smart Service

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2024 2025 2026 2027
Market Cap 1 9,716 6,063 4,895 4,858 -
Change - - -19.25% -0.77% -
Enterprise Value (EV) 9,716 6,063 5,335 4,858 4,858
Change - - -12.01% -8.94% 0%
P/E 32.3x 14.1x 8.33x 7.33x 7.01x
PBR - - 2.81x - -
PEG - - 0.2x 0.6x 1.54x
Capitalization / Revenue - - 1.95x 1.87x 1.79x
EV / Revenue - - 0x 1.87x 1.79x
EV / EBITDA - - 0x 4.78x 4.51x
EV / EBIT - - - - -
EV / FCF - - - - -
FCF Yield - - - - -
Dividend per Share 2 - - 0.38 0.39 0.41
Rate of return - - 5.85% 6.05% 6.36%
EPS 2 0.4 0.57 0.78 0.88 0.92
Distribution rate - - 48.7% 44.3% 44.6%
Net sales 1 - - 2,507 2,595 2,721
EBITDA 1 - - 932.7 1,017 1,077
EBIT - - 566.3 - -
Net income 1 301.9 430.4 586.8 660 694
Net Debt - - 439.4 - -
Reference price 2 12.900 8.050 6.500 6.450 6.450
Nbr of stocks (in thousands) 7,53,141 7,53,141 7,53,141 7,53,141 -
Announcement Date 24/02/23 28/02/25 26/02/26 - -
1THB in Million2THB
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
32.07x16.33x23.21x0.67% 74TCr
38.97x7.09x25.15x0.92% 8.53TCr
24.02x4.8x10.46x0.68% 7.19TCr
11.08x1.45x7.21x1% 4.69TCr
44.16x1.68x9.39x-.--% 4.53TCr
-80.67x18.05x43.78x-.--% 4.67TCr
20.89x3.52x8.39x1.51% 3.35TCr
19.9x6.09x11.67x-.--% 2.61TCr
9.96x2.6x6.29x-.--% 2.52TCr
Average 13.38x 6.84x 16.17x 0.53% 12.43TCr
Weighted average by Cap. 25.86x 12.80x 21.07x 0.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Forth Smart Service

Historical PBR trend

Valuation ratios - PBR - Forth Smart Service

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Forth Smart Service

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Forth Smart Service


Year-on-year evolution of the Yield

Valuation ratios - Yield - Forth Smart Service