Forth Corporation Public Company Limited Logo

Forth Corporation Public Company Limited

FORTH.BK

(3.2)
Stock Price

12,90 THB

2.93% ROA

15.9% ROE

37.57x PER

Market Cap.

12.864.000.000,00 THB

228.84% DER

2.76% Yield

3.8% NPM

Forth Corporation Public Company Limited Stock Analysis

Forth Corporation Public Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Forth Corporation Public Company Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (38.46%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Revenue Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Net Profit Growth

Over the last five years, this company's net profit has shown continuous growth, reflecting a robust financial performance and making it an attractive choice for potential investors.

4 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

5 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

6 ROA

The stock's ROA (6.8%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

7 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past three years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

8 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (280) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 PBV

The stock's elevated P/BV ratio (8.63x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 DER

The stock is burdened with a heavy load of debt (237%), making it financially unstable and potentially risky for investors.

11 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

Forth Corporation Public Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Forth Corporation Public Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Buy

Forth Corporation Public Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Forth Corporation Public Company Limited Revenue
Year Revenue Growth
2006 2.480.609.164
2007 3.940.972.589 37.06%
2008 7.481.496.070 47.32%
2009 10.044.934.099 25.52%
2010 11.633.441.446 13.65%
2011 8.870.200.843 -31.15%
2012 5.886.681.061 -50.68%
2013 4.470.802.673 -31.67%
2014 4.277.430.271 -4.52%
2015 5.021.502.980 14.82%
2016 5.261.758.944 4.57%
2017 6.950.226.416 24.29%
2018 7.814.959.833 11.07%
2019 6.518.886.904 -19.88%
2020 6.791.553.651 4.01%
2021 8.513.003.660 20.22%
2022 9.431.028.863 9.73%
2023 9.452.112.000 0.22%
2023 9.491.546.851 0.42%
2024 9.935.288.000 4.47%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Forth Corporation Public Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Forth Corporation Public Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 0
2007 0 0%
2008 334.773.374 100%
2009 377.653.694 11.35%
2010 448.833.056 15.86%
2011 576.705.699 22.17%
2012 541.399.010 -6.52%
2013 565.048.805 4.19%
2014 656.491.715 13.93%
2015 694.609.283 5.49%
2016 794.131.697 12.53%
2017 951.496.387 16.54%
2018 853.494.903 -11.48%
2019 914.724.609 6.69%
2020 861.083.793 -6.23%
2021 955.564.228 9.89%
2022 1.122.912.394 14.9%
2023 1.254.328.000 10.48%
2023 1.232.967.148 -1.73%
2024 1.173.868.000 -5.03%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Forth Corporation Public Company Limited EBITDA
Year EBITDA Growth
2006 480.131.209
2007 458.629.917 -4.69%
2008 189.063.104 -142.58%
2009 306.068.291 38.23%
2010 569.281.267 46.24%
2011 699.939.996 18.67%
2012 392.795.593 -78.19%
2013 554.220.737 29.13%
2014 741.978.882 25.31%
2015 1.031.629.068 28.08%
2016 1.035.274.140 0.35%
2017 1.216.034.267 14.86%
2018 1.558.838.936 21.99%
2019 1.296.716.414 -20.21%
2020 1.353.845.751 4.22%
2021 1.676.074.156 19.23%
2022 1.892.452.214 11.43%
2023 1.851.716.000 -2.2%
2023 1.817.920.820 -1.86%
2024 1.434.480.000 -26.73%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Forth Corporation Public Company Limited Gross Profit
Year Gross Profit Growth
2006 700.475.664
2007 707.245.389 0.96%
2008 798.185.194 11.39%
2009 451.378.623 -76.83%
2010 943.767.006 52.17%
2011 1.185.086.399 20.36%
2012 790.150.584 -49.98%
2013 1.037.846.745 23.87%
2014 1.201.760.290 13.64%
2015 1.519.532.962 20.91%
2016 1.480.413.028 -2.64%
2017 1.647.767.620 10.16%
2018 1.770.242.012 6.92%
2019 1.537.460.677 -15.14%
2020 1.530.904.827 -0.43%
2021 1.876.188.264 18.4%
2022 2.289.908.570 18.07%
2023 2.179.396.000 -5.07%
2023 2.255.496.025 3.37%
2024 2.028.736.000 -11.18%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Forth Corporation Public Company Limited Net Profit
Year Net Profit Growth
2006 213.482.614
2007 211.913.314 -0.74%
2008 -78.012.174 371.64%
2009 72.391.200 207.76%
2010 317.967.221 77.23%
2011 370.272.907 14.13%
2012 93.110.754 -297.67%
2013 254.110.434 63.36%
2014 337.912.898 24.8%
2015 459.841.999 26.52%
2016 365.818.836 -25.7%
2017 271.538.323 -34.72%
2018 526.148.380 48.39%
2019 605.833.817 13.15%
2020 645.873.669 6.2%
2021 722.764.680 10.64%
2022 774.899.112 6.73%
2023 488.688.000 -58.57%
2023 572.560.692 14.65%
2024 419.952.000 -36.34%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Forth Corporation Public Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%
2023 1 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Forth Corporation Public Company Limited Free Cashflow
Year Free Cashflow Growth
2006 -278.804.899
2007 -357.971.238 22.12%
2008 -543.131.669 34.09%
2009 57.875.031 1038.46%
2010 -1.198.865.801 104.83%
2011 37.546.537 3293.01%
2012 1.378.729.511 97.28%
2013 153.936.641 -795.65%
2014 -151.290.100 201.75%
2015 472.810.350 132%
2016 237.970.585 -98.68%
2017 67.036.304 -254.99%
2018 294.501.285 77.24%
2019 1.573.082.731 81.28%
2020 995.272.425 -58.06%
2021 399.831.611 -148.92%
2022 -755.523.758 152.92%
2023 172.610.000 537.71%
2023 573.533.238 69.9%
2024 94.257.000 -508.48%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Forth Corporation Public Company Limited Operating Cashflow
Year Operating Cashflow Growth
2006 -153.348.795
2007 -205.291.113 25.3%
2008 -418.976.337 51%
2009 191.418.391 318.88%
2010 -953.110.344 120.08%
2011 238.638.509 499.4%
2012 1.625.467.241 85.32%
2013 482.870.141 -236.63%
2014 365.710.835 -32.04%
2015 1.229.125.334 70.25%
2016 1.176.410.559 -4.48%
2017 1.200.600.568 2.01%
2018 608.049.411 -97.45%
2019 1.935.000.082 68.58%
2020 1.204.969.918 -60.58%
2021 734.754.950 -64%
2022 886.326.096 17.1%
2023 414.026.000 -114.07%
2023 1.952.729.312 78.8%
2024 180.537.000 -981.62%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Forth Corporation Public Company Limited Capital Expenditure
Year Capital Expenditure Growth
2006 125.456.104
2007 152.680.125 17.83%
2008 124.155.332 -22.98%
2009 133.543.360 7.03%
2010 245.755.457 45.66%
2011 201.091.972 -22.21%
2012 246.737.730 18.5%
2013 328.933.500 24.99%
2014 517.000.935 36.38%
2015 756.314.984 31.64%
2016 938.439.974 19.41%
2017 1.133.564.264 17.21%
2018 313.548.126 -261.53%
2019 361.917.351 13.36%
2020 209.697.493 -72.59%
2021 334.923.339 37.39%
2022 1.641.849.854 79.6%
2023 241.416.000 -580.09%
2023 1.379.196.074 82.5%
2024 86.280.000 -1498.51%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Forth Corporation Public Company Limited Equity
Year Equity Growth
2006 1.129.435.036
2007 1.192.548.350 5.29%
2008 1.048.126.176 -13.78%
2009 1.130.733.527 7.31%
2010 1.322.788.099 14.52%
2011 1.429.961.747 7.49%
2012 1.454.751.887 1.7%
2013 1.696.461.024 14.25%
2014 2.295.038.558 26.08%
2015 2.506.288.455 8.43%
2016 2.629.336.431 4.68%
2017 2.719.778.145 3.33%
2018 2.506.484.559 -8.51%
2019 2.446.087.910 -2.47%
2020 2.228.211.640 -9.78%
2021 2.618.711.159 14.91%
2022 3.258.504.789 19.63%
2023 3.281.741.112 0.71%
2023 3.216.437.000 -2.03%
2024 3.309.852.999 2.82%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Forth Corporation Public Company Limited Assets
Year Assets Growth
2006 2.239.564.839
2007 3.694.352.400 39.38%
2008 4.218.899.723 12.43%
2009 5.425.555.466 22.24%
2010 6.451.873.225 15.91%
2011 5.496.133.961 -17.39%
2012 4.448.041.266 -23.56%
2013 4.653.568.935 4.42%
2014 6.322.728.634 26.4%
2015 5.973.807.217 -5.84%
2016 6.869.460.035 13.04%
2017 8.148.838.818 15.7%
2018 8.870.368.351 8.13%
2019 7.617.017.184 -16.45%
2020 7.822.373.899 2.63%
2021 8.817.615.378 11.29%
2022 11.385.473.264 22.55%
2023 11.122.439.478 -2.36%
2023 11.664.819.000 4.65%
2024 11.460.613.000 -1.78%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Forth Corporation Public Company Limited Liabilities
Year Liabilities Growth
2006 1.110.129.803
2007 2.501.804.050 55.63%
2008 3.170.773.547 21.1%
2009 4.294.821.939 26.17%
2010 5.129.085.126 16.27%
2011 4.066.172.214 -26.14%
2012 2.993.289.379 -35.84%
2013 2.957.107.911 -1.22%
2014 4.027.690.076 26.58%
2015 3.467.518.762 -16.15%
2016 4.240.123.604 18.22%
2017 5.429.060.673 21.9%
2018 6.363.883.792 14.69%
2019 5.170.929.274 -23.07%
2020 5.594.162.259 7.57%
2021 6.198.904.219 9.76%
2022 8.126.968.475 23.72%
2023 7.840.698.366 -3.65%
2023 8.448.382.000 7.19%
2024 8.150.760.000 -3.65%

Forth Corporation Public Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
9.38
Net Income per Share
0.36
Price to Earning Ratio
37.57x
Price To Sales Ratio
1.47x
POCF Ratio
7.54
PFCF Ratio
13.66
Price to Book Ratio
6.06
EV to Sales
1.96
EV Over EBITDA
11.87
EV to Operating CashFlow
10.34
EV to FreeCashFlow
18.25
Earnings Yield
0.03
FreeCashFlow Yield
0.07
Market Cap
12,86 Bil.
Enterprise Value
17,19 Bil.
Graham Number
4.21
Graham NetNet
-4.55

Income Statement Metrics

Net Income per Share
0.36
Income Quality
3.37
ROE
0.16
Return On Assets
0.03
Return On Capital Employed
0.16
Net Income per EBT
0.48
EBT Per Ebit
0.94
Ebit per Revenue
0.08
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0.14
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.23
Operating Profit Margin
0.08
Pretax Profit Margin
0.08
Net Profit Margin
0.04

Dividends

Dividend Yield
0.03
Dividend Yield %
2.76
Payout Ratio
1.32
Dividend Per Share
0.37

Operating Metrics

Operating Cashflow per Share
1.78
Free CashFlow per Share
1.01
Capex to Operating CashFlow
0.43
Capex to Revenue
0.08
Capex to Depreciation
1
Return on Invested Capital
0.09
Return on Tangible Assets
0.03
Days Sales Outstanding
114.42
Days Payables Outstanding
49
Days of Inventory on Hand
109
Receivables Turnover
3.19
Payables Turnover
7.45
Inventory Turnover
3.35
Capex per Share
0.77

Balance Sheet

Cash per Share
0,88
Book Value per Share
3,54
Tangible Book Value per Share
3.44
Shareholders Equity per Share
2.21
Interest Debt per Share
5.28
Debt to Equity
2.29
Debt to Assets
0.41
Net Debt to EBITDA
2.99
Current Ratio
0.86
Tangible Asset Value
3,22 Bil.
Net Current Asset Value
-2,34 Bil.
Invested Capital
3447662000
Working Capital
-0,95 Bil.
Intangibles to Total Assets
0.01
Average Receivables
2,51 Bil.
Average Payables
0,87 Bil.
Average Inventory
2104423500
Debt to Market Cap
0.37

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Forth Corporation Public Company Limited Dividends
Year Dividends Growth
2007 0
2008 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 1 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 1 0%
2024 0 0%

Forth Corporation Public Company Limited Profile

About Forth Corporation Public Company Limited

Forth Corporation Public Company Limited, together with its subsidiaries, manufactures and distributes electronic equipment in Thailand. It operates through three segments: Electronics Manufacturing Service Business; Enterprise Solutions Business; and Smart Service Business. It offers Forth Taglock EM, a tracking device made for prisoners; nurse call systems; GPS devices and GPS tracking systems; lighting system solutions; smart traffic light systems; smart grids; multi-service access network telephone exchange equipment; EV charging stations; smart meter systems, including digital meters that show energy/water consumptions digitally, as well as smart software, which pulls data from meters automatically; and small gas station and oil vending machines. The company also provides top-up and payment kiosks; Boonterm Counter Service that has a touch screen with a data acquisition system that helps monitor usage and print receipts backwards; Boonterm water dispensers; automated cup beverage vending machines; smart vending machines; and KODIAK, a high performance aircraft, as well as operates commercial aircraft maintenance center. In addition, it engages in the trading of electronic parts; sale and installation of light boards and traffic systems; concession for traffic board project; provision of consulting service for information management and computer software management, as well as engineering services; sale of aircraft, aircraft hangar and maintenance business, and flight training; e-commerce business; and turnkey on installation of CCTV. Additionally, the company offers nano finance and personal loan services; and distributes goods. Forth Corporation Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand.

CEO
Mr. Pongchai Amatanon
Employee
0
Address
1053/1, Phaholyothin Road
Bangkok, 10400

Forth Corporation Public Company Limited Executives & BODs

Forth Corporation Public Company Limited Executives & BODs
# Name Age
1 Mr. Pongchai Amatanon
Chief Executive Officer, Vice President of Sales & After Sales Service and Executive Director
70
2 Mr. Arin Jamnaree
Vice President of Finance & Accounting, Financial Controller and Corporate Secretary
70
3 Ms. Pichamon Amatanon
Chief Operating Officer & Director
70
4 Mr. Boonya Tantipanichapun
Executive Director
70
5 Mr. Pattanan Amatanon
Chief Business Development Officer
70

Forth Corporation Public Company Limited Competitors