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FORTH logo

Forth Corporation SET:FORTH Stock Report

Last Price

฿10.60

Market Cap

฿9.9b

7D

2.9%

1Y

-53.9%

Updated

30 Dec, 2024

Data

Company Financials +

Forth Corporation Public Company Limited

SET:FORTH Stock Report

Market Cap: ฿9.9b

FORTH Stock Overview

Together with its subsidiariesv, engages in the manufacture and distribution of electronic equipment in Thailand and internationally. More details

FORTH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth6/6
Past Performance2/6
Financial Health3/6
Dividends2/6

Rewards

Earnings are forecast to grow 54.44% per year

Risk Analysis

Has a high level of debt

Dividend of 2.83% is not well covered by earnings

Profit margins (2.5%) are lower than last year (6.8%)

Volatile share price over the past 3 months compared to the TH market


My Notes

Capture your thoughts, links and company narrative

Forth Corporation Public Company Limited Competitors

SVI

SET:SVI

฿15.8b

Hana Microelectronics

SET:HANA

฿21.9b

Team Precision

SET:TEAM

฿1.7b

Cal-Comp Electronics (Thailand)

SET:CCET

฿105.5b

Price History & Performance

Summary of share price highs, lows and changes for Forth Corporation
Historical stock prices
Current Share Price฿10.60
52 Week High฿23.90
52 Week Low฿8.80
Beta0.31
1 Month Change-6.19%
3 Month Change-25.87%
1 Year Change-53.91%
3 Year Change-50.00%
5 Year Change84.35%
Change since IPO315.69%

Recent News & Updates

Recent updates

Shareholder Returns

FORTHTH ElectronicTH Market
7D2.9%2.0%2.7%
1Y-53.9%56.6%-1.6%

Return vs Industry: FORTH underperformed the TH Electronic industry which returned 56.6% over the past year.

Return vs Market: FORTH underperformed the TH Market which returned -1.6% over the past year.

Price Volatility

Is FORTH's price volatile compared to industry and market?
FORTH volatility
FORTH Average Weekly Movement6.6%
Electronic Industry Average Movement6.8%
Market Average Movement4.3%
10% most volatile stocks in TH Market8.7%
10% least volatile stocks in TH Market2.1%

Stable Share Price: FORTH's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: FORTH's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

FoundedEmployeesCEOWebsite
1989n/aPongchai Amatanonwww.forth.co.th

Forth Corporation Public Company Limited, together with its subsidiariesv, engages in the manufacture and distribution of electronic equipment in Thailand and internationally. 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.

Forth Corporation Public Company Limited Fundamentals Summary

How do Forth Corporation's earnings and revenue compare to its market cap?
FORTH fundamental statistics
Market cap฿9.91b
Earnings (TTM)฿227.05m
Revenue (TTM)฿8.96b

43.7x

P/E Ratio

1.1x

P/S Ratio

Is FORTH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FORTH income statement (TTM)
Revenue฿8.96b
Cost of Revenue฿6.69b
Gross Profit฿2.27b
Other Expenses฿2.04b
Earnings฿227.05m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin25.31%
Net Profit Margin2.53%
Debt/Equity Ratio160.4%

How did FORTH perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

152%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 18:33
End of Day Share Price 2024/12/30 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 Corporation Public Company Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wikij TirawannaratBualuang Securities PCL
Poramet TongbuaBualuang Securities PCL
null nullDBS Bank Ltd