Company Valuation: Forth Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026
Market Cap 1 19,830 30,166 21,514 9,915 5,378 14,592
Change - 52.12% -28.68% -53.91% -45.75% 171.3%
Enterprise Value (EV) 22,409 30,166 21,514 9,915 5,378 14,592
Change - 34.61% -28.68% -53.91% -45.75% 171.3%
P/E 27.5x 38.9x 37.7x 44.2x 6.53x 11.1x
PBR 12x - - - - -
PEG - 4.99x -1.4x -0.7x 0x 0.2x
Capitalization / Revenue 2.33x 3.2x 2.27x 1.13x 0.47x 0.98x
EV / Revenue 0x 0x 0x 0x 0x 0.98x
EV / EBITDA 0x 0x 0x 0x 0x 5.14x
EV / EBIT 0x 0x 0x 0x 0x 8.8x
EV / FCF - -0x 0x -0x 0x 18.4x
FCF Yield - -2.42% 2.75% -1.42% 18.8% 5.45%
Dividend per Share 2 0.45 0.52 0.47 - 0.21 0.8
Rate of return 2.12% 1.61% 2.04% - 3.65% 5.13%
EPS 2 0.77 0.83 0.61 0.24 0.88 1.4
Distribution rate 58.4% 62.7% 77% - 23.9% 57.1%
Net sales 1 8,513 9,431 9,492 8,767 11,350 14,918
EBITDA 1 1,337 1,553 1,493 1,162 2,044 2,838
EBIT 1 825.1 1,019 840.8 422.6 1,354 1,659
Net income 1 722.8 774.9 572.6 221.3 823.7 1,311
Net Debt 2,579 - - - - -
Reference price 2 21.20 32.25 23.00 10.60 5.75 15.60
Nbr of stocks (in thousands) 935,375 935,375 935,375 935,375 935,375 935,375
Announcement Date 2/28/22 2/27/23 2/28/24 3/2/25 3/2/26 -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.29x - - 5.56% 402M
35.19x12.08x22.53x0.81% 111B
60.45x8.84x42.52x1.24% 51.94B
32.48x1.53x17.44x-.--% 48.86B
27.45x2.23x10.69x1.21% 38.49B
34.94x2.21x15.8x1.52% 29.37B
31.58x4.78x19.08x-.--% 29.63B
8.89x5.14x9.91x2.18% 21.78B
30.93x4.78x19.17x0.74% 18.05B
33.97x1.9x16.59x0.46% 16.88B
Average 30.62x 4.83x 19.30x 1.37% 36.68B
Weighted average by Cap. 35.43x 6.56x 21.43x 0.86%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. FORTH Stock
  4. Valuation Forth Corporation