Forth Smart Service Public Company Limited

SET:FSMART-R Stock Report

Market Cap: ฿5.9b

Forth Smart Service Past Earnings Performance

Past criteria checks 4/6

Forth Smart Service's earnings have been declining at an average annual rate of -14.3%, while the Diversified Financial industry saw earnings growing at 16.7% annually. Revenues have been declining at an average rate of 7.9% per year. Forth Smart Service's return on equity is 33.1%, and it has net margins of 16.9%.

Key information

-14.3%

Earnings growth rate

-13.6%

EPS growth rate

Diversified Financial Industry Growth-4.2%
Revenue growth rate-7.9%
Return on equity33.1%
Net Margin16.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Forth Smart Service makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SET:FSMART-R Revenue, expenses and earnings (THB Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,2993883170
30 Jun 242,2613423130
31 Mar 242,2403153150
31 Dec 232,2172993080
30 Sep 232,2152753160
30 Jun 232,2712903120
31 Mar 232,2952993030
31 Dec 222,4483022980
30 Sep 222,5113282770
30 Jun 222,5393402770
31 Mar 222,6753702830
31 Dec 212,6704002810
30 Sep 212,7694302760
30 Jun 212,8794582720
31 Mar 212,8334492660
31 Dec 202,8614642640
30 Sep 202,8974992540
30 Jun 202,9425202420
31 Mar 203,0795612310
31 Dec 193,1485842250
30 Sep 193,2035812200
30 Jun 193,2575822230
31 Mar 193,3035882300
31 Dec 183,3505832420
30 Sep 183,3715632730
30 Jun 183,3435632770
31 Mar 183,2805562760
31 Dec 173,1665432700
30 Sep 173,0245542450
30 Jun 172,7855132300
31 Mar 172,5294642130
31 Dec 162,2944201990
30 Sep 162,0573641880
30 Jun 161,8993311810
31 Mar 161,7453021750
31 Dec 151,5882721650
30 Sep 151,4382481500
30 Jun 151,3132121440
31 Mar 151,2001801360
31 Dec 141,1041531310
30 Sep 141,0231181270
30 Jun 149521161150
31 Mar 148701061060
31 Dec 1380394940

Quality Earnings: FSMART-R has a high level of non-cash earnings.

Growing Profit Margin: FSMART-R's current net profit margins (16.9%) are higher than last year (12.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FSMART-R's earnings have declined by 14.3% per year over the past 5 years.

Accelerating Growth: FSMART-R's earnings growth over the past year (41%) exceeds its 5-year average (-14.3% per year).

Earnings vs Industry: FSMART-R earnings growth over the past year (41%) exceeded the Diversified Financial industry 18.1%.


Return on Equity

High ROE: FSMART-R's Return on Equity (33.1%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 18:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Forth Smart Service Public Company Limited is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jitra AmornthumBNP Paribas Securities (Asia)
Piyachanok SomsuebCGS International
Jitra AmornthumFSS International Advisory