Valuation: Forth Corporation

Market Cap 13.1B 388M 348M 322M 291M 544M 36.92B 551M 3.84B 1.53B 19.32B 1.45B 1.42B 61.33B P/E 2026 *
13.9x
P/E 2027 * 11.9x
Enterprise Value 16.65B 493M 442M 409M 370M 692M 46.95B 700M 4.89B 1.95B 24.57B 1.85B 1.81B 77.99B EV / Sales 2026 *
1.37x
EV / Sales 2027 * 1.3x
Free-Float
19.16%
Yield 2026 *
2.14%
Yield 2027 * 2.5%
21/09 Forth Corporation Public Company Limited(SET:FORTH) added to S&P Global BMI Index CI
17/08 Forth Corporation Public Company Limited Establishes New Subsidiary Gallant Fox Company Limited CI
17/08 Forth Corporation Public Company Limited Announces Interim Dividend Payment for Period of 01 January 2026 to 30 June 2026, Payable on 11 September 2026 CI
17/08 Forth Corporation Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
23/07 Yuanta Securities Starts Forth Corporation at Buy with THB21.30 Price Target MT
18/05 Forth Corporation posts total revenue for Q1 2,602 million baht RE
18/05 Forth Corporation Public Company Limited Announces Board and Committee Changes, Effective May 15, 2026 CI
18/05 Forth Corporation Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
15/05 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
02/03 Forth Corporation posts FY total revenues 11,608 million baht RE
02/03 Forth Corporation Public Company Limited Announces Board Changes, Effective February 27, 2026 CI
02/03 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
02/03 Forth Corporation Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
1 day-1.41%
1 week+1.45%
Current month-4.11%
1 month-7.28%
3 months-16.17%
6 months+87.92%
Current year+143.48%
1 week 13.4
Extreme 13.4
14.3
1 month 12.9
Extreme 12.9
15.6
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
24.1
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
Date Insider Type Main position Quantity % Market Cap. Importance
26/5/26 Sell

Chief Operating Officer

-8,200 0.0009%
27/6/25 Buy

Chief Operating Officer

1,200,000 0.1250%
3/4/25 Buy

Chief Operating Officer

20,000 0.0021%
Change 5-day change 1-year change 3-year change Capi.($)
-1.41%+1.45%+98.58%-40.43% 388M
+3.52%+2.22%+17.94%+308.32% 200B
-3.57%-4.98%+23.06%+33.24% 121B
+3.88%-2.76%+51.80%+393.42% 113B
+1.62%+0.60%+0.60%+156.11% 109B
+2.82%+7.12%+125.98%+173.41% 77.1B
+8.74%+11.82%+462.93%+960.93% 71.61B
+5.37%+5.26%-4.73%+95.09% 63.61B
+1.84%+3.35%-23.14%+55.31% 60.07B
+8.08%-12.69%-12.45%+1,452.94% 53.7B
Average +2.62%+2.67%+74.06%+358.83% 86.92B
Weighted average by Cap. +1.94%+2.22%+60.79%+341.20%

Financials

2026 *2027 *
Net sales 12.13B 359M 322M 298M 270M 504M 34.21B 510M 3.56B 1.42B 17.9B 1.35B 1.32B 56.83B 12.76B 378M 339M 313M 284M 530M 35.98B 537M 3.75B 1.49B 18.83B 1.42B 1.39B 59.77B
Net income 949M 28.09M 25.2M 23.3M 21.1M 39.43M 2.68B 39.9M 279M 111M 1.4B 105M 103M 4.44B 1.11B 32.77M 29.4M 27.18M 24.62M 45.99M 3.12B 46.55M 325M 129M 1.63B 123M 120M 5.18B
Net Debt 3.56B 105M 94.5M 87.36M 79.12M 148M 10.03B 150M 1.04B 416M 5.25B 395M 387M 16.66B 3.47B 103M 92.26M 85.3M 77.26M 144M 9.79B 146M 1.02B 406M 5.13B 386M 378M 16.27B
Projected Income Statement - Annual - Forth Corporation
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
28/10/26 THB 14.00 -1.41% 1,197,549
27/10/26 THB 14.20 +4.41% 3,659,127
26/10/26 THB 13.60 +0.74% 602,208
22/10/26 THB 13.50 -2.17% 578,215
21/10/26 THB 13.80 +2.22% 1,150,563
Trader
-
Investor
Global
-
Quality
ESG MSCI
-
MarketScreener Ratings - Forth Corporation
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
14.00THB
Average target price
21.30THB
Spread / Average Target
+52.14%

Annual profits - Rate of surprise

Rate of surprise - EPS - Annual - Forth Corporation
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