Valuation: Forth Corporation

Market Cap 15.62B 472M 407M 383M 348M 654M 45.09B 665M 4.48B 1.75B 22.58B 1.77B 1.73B 75.04B P/E 2026 *
16.5x
P/E 2027 * 14.2x
Enterprise Value 19.18B 579M 500M 470M 427M 803M 55.36B 817M 5.51B 2.15B 27.72B 2.17B 2.13B 92.13B EV / Sales 2026 *
1.58x
EV / Sales 2027 * 1.5x
Free-Float
19.9%
Yield 2026 *
1.8%
Yield 2027 * 2.1%
07-23 Yuanta Securities Starts Forth Corporation at Buy with THB21.30 Price Target MT
05-18 Forth Corporation posts total revenue for Q1 2,602 million baht RE
05-18 Forth Corporation Public Company Limited Announces Board and Committee Changes, Effective May 15, 2026 CI
05-18 Forth Corporation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
05-14 Forth Smart Service Public Company Limited and Forth Corporation Public Company Limited Establish New Joint Venture Company with Registered Capital Forth Smart Service Public Company Limited And Forth Corporation Public Company Limited Establish New Joint Venture Company With Registered Capital Of THB 20 Million CI
03-02 Forth Corporation posts FY total revenues 11,608 million baht RE
03-02 Forth Corporation Public Company Limited Announces Board Changes, Effective February 27, 2026 CI
03-02 Forth Corporation Public Company Limited agreed to acquire an additional 11.30% stake in Forth EMS Public Company Limited from group of shareholders for THB 45 million. CI
03-02 Forth Corporation Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
03-02 Forth Corporation Public Company Limited announces Annual dividend, payable on May 08, 2026 CI
11-17 Forth Corporation Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
11-17 Forth Corporation posts qtrly profit attributable 407.4 million baht RE
22/09/25 Forth Corporation Public Company Limited(SET:FORTH) dropped from S&P Global BMI Index CI
1 week-1.18%
Current month-7.22%
1 month+7.05%
3 months+26.52%
6 months+114.10%
Current year+190.43%
1 week 16.3
Extreme 16.3
17.2
1 month 14.8
Extreme 14.8
18.2
Current year 5.45
Extreme 5.45
18.9
1 year 5.45
Extreme 5.45
18.9
3 years 5.45
Extreme 5.45
36.25
5 years 5.45
Extreme 5.45
64
10 years 4.96
Extreme 4.96
64
Manager TitleAgeSince
Chief Executive Officer 62 18/10/2011
Director of Finance/CFO 53 01/01/2008
Chief Tech/Sci/R&D Officer - -
Director TitleAgeSince
Director/Board Member 64 08/07/2005
Director/Board Member 64 08/07/2005
Director/Board Member 62 18/10/2011
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-1.18% - - 472M
+1.19%+3.00%+58.12%+47.43% 134B
+1.04%+2.31%+251.44%+842.17% 51.58B
+1.50%+3.96%+155.18%+373.04% 46.6B
-0.77%+7.43%+66.24%+217.70% 38.29B
+0.08%+3.06%+106.23%+114.34% 31.89B
+0.89%-1.68%+25.42%+68.87% 31.51B
+0.15%-2.48%-10.94%-8.02% 26.87B
-1.55%-2.90%+14.05%+73.21% 18.86B
-0.95%-0.12%+14.74%+42.51% 17.79B
Average +0.16%+1.26%+75.61%+196.81% 44.11B
Weighted average by Cap. +0.61%+1.79%+87.97%+209.65%

Financials

2026 *2027 *
Net sales 12.13B 366M 316M 297M 270M 508M 35.03B 517M 3.48B 1.36B 17.54B 1.38B 1.35B 58.29B 12.76B 385M 333M 313M 284M 535M 36.84B 543M 3.66B 1.43B 18.45B 1.45B 1.41B 61.3B
Net income 949M 28.65M 24.74M 23.25M 21.15M 39.76M 2.74B 40.41M 272M 107M 1.37B 108M 105M 4.56B 1.11B 33.42M 28.86M 27.12M 24.67M 46.38M 3.2B 47.14M 318M 124M 1.6B 125M 123M 5.32B
Net Debt 3.56B 107M 92.77M 87.17M 79.28M 149M 10.27B 152M 1.02B 399M 5.14B 403M 395M 17.09B 3.47B 105M 90.58M 85.12M 77.41M 146M 10.03B 148M 997M 390M 5.02B 394M 385M 16.69B
Logo Forth Corporation
Forth Corporation Public Company Limited is engaged in research, development, and production organization. The Company distributes and provides information communication technology services and electronics, including a network of automated and financial service channels. The Company operates in three segments: Electronics manufacturing service business, Enterprise solutions business, and Smart service business. The Electronics manufacturing service business is a business segment that sources, manufactures and distributes electronics parts, both works manufactured orders and general equipment. The Enterprise solutions business is a business segment that bids for project work, sources, subcontracts and installs various systems for the government and private sectors. The Smart service business is a business segment that provides online financial transaction services and sells products and services through vending machines.
Employees
1,441
Date Price Change Volume
14/08/26 THB 16.70 0.00% 7,120,200
13/08/26 THB 16.70 +2.45% 8,303,700
11/08/26 THB 16.30 -0.61% 5,108,500
10/08/26 THB 16.40 -2.96% 4,886,700
07/08/26 THB 16.90 +0.60% 3,159,600
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
16.70THB
Average target price
21.30THB
Spread / Average Target
+27.54%

Annual profits - Rate of surprise