Forth Corporation Past Earnings Performance
Past criteria checks 1/6
Forth has been growing earnings at an average annual rate of 18.7%, while the Electronic industry saw earnings growing at 18.1% annually. Revenues have been growing at an average rate of 4.6% per year. Forth's return on equity is 34.7%, and it has net margins of 8.1%.
Key information
18.7%
Earnings growth rate
19.5%
EPS growth rate
| Electronic Industry Growth | 18.1% |
| Revenue growth rate | 4.6% |
| Return on equity | 34.7% |
| Net Margin | 8.1% |
| Last Earnings Update | 30 Sep 2022 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Forth Corporation makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 22 | 9,883 | 805 | 1,221 | 0 |
| 30 Jun 22 | 9,200 | 720 | 1,138 | 0 |
| 31 Mar 22 | 9,013 | 775 | 1,081 | 0 |
| 31 Dec 21 | 8,813 | 723 | 1,051 | 0 |
| 30 Sep 21 | 8,201 | 725 | 1,040 | 0 |
| 30 Jun 21 | 7,962 | 705 | 995 | 0 |
| 31 Mar 21 | 7,484 | 550 | 970 | 0 |
| 31 Dec 20 | 7,083 | 439 | 978 | 0 |
| 30 Sep 20 | 6,686 | 319 | 1,047 | 0 |
| 30 Jun 20 | 6,550 | 300 | 1,031 | 0 |
| 31 Mar 20 | 6,699 | 323 | 1,054 | 0 |
| 31 Dec 19 | 6,804 | 331 | 1,025 | 0 |
| 30 Sep 19 | 7,534 | 367 | 959 | 0 |
| 30 Jun 19 | 7,708 | 391 | 953 | 0 |
| 31 Mar 19 | 7,777 | 491 | 948 | 0 |
| 31 Dec 18 | 8,077 | 526 | 962 | 0 |
| 30 Sep 18 | 7,498 | 474 | 981 | 0 |
| 30 Jun 18 | 7,476 | 392 | 1,015 | 0 |
| 31 Mar 18 | 7,582 | 337 | 1,026 | 0 |
| 31 Dec 17 | 7,174 | 272 | 1,066 | 0 |
| 30 Sep 17 | 6,847 | 295 | 1,059 | 0 |
| 30 Jun 17 | 6,355 | 336 | 1,005 | 0 |
| 31 Mar 17 | 5,750 | 310 | 940 | 0 |
| 31 Dec 16 | 5,416 | 366 | 883 | 0 |
| 30 Sep 16 | 5,343 | 414 | 829 | 0 |
| 30 Jun 16 | 5,319 | 447 | 837 | 0 |
| 31 Mar 16 | 5,197 | 478 | 835 | 0 |
Quality Earnings: FORTH-F has a high level of non-cash earnings.
Growing Profit Margin: FORTH-F's current net profit margins (8.1%) are lower than last year (8.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FORTH-F's earnings have grown by 18.7% per year over the past 5 years.
Accelerating Growth: FORTH-F's earnings growth over the past year (10.9%) is below its 5-year average (18.7% per year).
Earnings vs Industry: FORTH-F earnings growth over the past year (10.9%) did not outperform the Electronic industry 13.5%.
Return on Equity
High ROE: Whilst FORTH-F's Return on Equity (34.72%) is high, this metric is skewed due to their high level of debt.