Forth Corp. Public Co. Ltd.(TH:FORTH)
THBÂ 13.30-0.70 (-5.00%)
TH:FORTH
Forth Corp. Public Co. Ltd. financials statements
THBÂ 13.30
At close:-0.70 (-5.00%)
Forth Corp. Public Co. Ltd. (FORTH) Ratios
Forth Corp. Public Co. Ltd. Ratios
TH:FORTH's free cash flow for Q2 2026 was THB-628.75M. For the 2026 fiscal year, TH:FORTH's free cash flow was decreased by THB-93.19M and operating cash flow was THB-535.56M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.90 | 0.81 | 0.87 | 0.91 | 1.02 |
| Quick Ratio | 0.62 | 0.57 | 0.52 | 0.60 | 0.76 |
| Cash Ratio | 0.15 | 0.10 | 0.13 | 0.11 | 0.15 |
| Solvency Ratio | 0.18 | 0.11 | 0.16 | 0.16 | 0.20 |
| Operating Cash Flow Ratio | 0.20 | 0.05 | 0.31 | 0.12 | 0.13 |
| Short-Term Operating Cash Flow Coverage | 0.34 | 0.08 | 0.56 | 0.22 | 0.24 |
| Net Current Asset Value | THB -1.59B | THB -2.57B | THB -2.36B | THB -1.37B | THB -391.23M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.40 | 0.45 | 0.45 | 0.42 | 0.39 |
| Debt-to-Equity Ratio | 1.85 | 2.81 | 2.37 | 2.26 | 2.01 |
| Debt-to-Capital Ratio | 0.65 | 0.74 | 0.70 | 0.69 | 0.67 |
| Long-Term Debt-to-Capital Ratio | 0.13 | 0.24 | 0.31 | 0.07 | 0.10 |
| Financial Leverage Ratio | 4.56 | 6.25 | 5.33 | 5.44 | 5.18 |
| Debt Service Coverage Ratio | 0.30 | 0.29 | 0.45 | 0.40 | 0.46 |
| Interest Coverage Ratio | 5.27 | 3.95 | 6.19 | 13.22 | 14.67 |
| Debt to Market Cap | 0.89 | 0.53 | 0.20 | 0.14 | 0.17 |
| Interest Debt Per Share | 5.67 | 6.05 | 5.50 | 5.16 | 3.75 |
| Net Debt to EBITDA | 2.31 | 3.01 | 2.26 | 2.10 | 1.58 |
| Profitability Margins | |||||
| Gross Profit Margin | 22.72% | 21.41% | 23.76% | 24.28% | 22.04% |
| EBIT Margin | 9.24% | 9.22% | 12.28% | 14.23% | 13.21% |
| EBITDA Margin | 15.51% | 17.65% | 19.15% | 19.90% | 19.23% |
| Operating Profit Margin | 9.24% | 9.18% | 12.32% | 14.23% | 13.21% |
| Pretax Profit Margin | 12.95% | 6.90% | 10.29% | 13.32% | 12.77% |
| Net Profit Margin | 7.48% | 2.52% | 6.03% | 8.22% | 8.49% |
| Continuous Operations Profit Margin | 9.99% | 5.11% | 8.50% | 10.87% | 10.52% |
| Net Income Per EBT | 57.73% | 36.58% | 58.62% | 61.67% | 66.48% |
| EBT Per EBIT | 140.13% | 75.18% | 83.54% | 93.62% | 96.66% |
| Return on Assets (ROA) | 6.52% | 1.82% | 5.15% | 6.81% | 8.20% |
| Return on Equity (ROE) | 29.74% | 11.39% | 27.42% | 36.99% | 42.44% |
| Return on Capital Employed (ROCE) | 20.02% | 18.61% | 24.14% | 33.62% | 36.17% |
| Return on Invested Capital (ROIC) | 8.26% | 6.60% | 11.39% | 13.45% | 14.91% |
| Return on Tangible Assets | 6.58% | 1.84% | 5.19% | 6.88% | 8.30% |
| Earnings Yield | 15.32% | 2.23% | 2.57% | 2.57% | 3.64% |
| Efficiency Ratios | |||||
| Receivables Turnover | 3.69 | 3.45 | 4.32 | 2.81 | 3.01 |
| Payables Turnover | 9.17 | 5.74 | 5.42 | 3.76 | 3.97 |
| Inventory Turnover | 3.99 | 3.58 | 3.27 | 3.10 | 4.59 |
| Fixed Asset Turnover | 2.92 | 2.18 | 2.19 | 2.75 | 3.78 |
| Asset Turnover | 0.87 | 0.72 | 0.85 | 0.83 | 0.97 |
| Working Capital Turnover Ratio | -10.03 | -7.79 | -13.23 | -35.23 | -23.40 |
| Cash Conversion Cycle | 150.60 | 144.06 | 128.78 | 150.34 | 108.83 |
| Days of Sales Outstanding | 98.91 | 105.77 | 84.46 | 129.69 | 121.26 |
| Days of Inventory Outstanding | 91.48 | 101.83 | 111.71 | 117.68 | 79.57 |
| Days of Payables Outstanding | 39.79 | 63.54 | 67.40 | 97.04 | 92.01 |
| Operating Cycle | 190.39 | 207.60 | 196.17 | 247.38 | 200.84 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.58 | 0.39 | 2.09 | 0.95 | 0.79 |
| Free Cash Flow Per Share | 1.17 | -0.17 | 0.61 | -0.81 | 0.43 |
| Dividend Paid and CapEx Coverage Ratio | 3.85 | 0.42 | 1.00 | 0.43 | 1.11 |
| Capital Expenditure Coverage Ratio | 3.85 | 0.70 | 1.42 | 0.54 | 2.19 |
| Operating Cash Flow Coverage Ratio | 0.29 | 0.07 | 0.39 | 0.19 | 0.21 |
| Operating Cash Flow to Sales Ratio | 0.13 | 0.04 | 0.21 | 0.09 | 0.09 |
| Free Cash Flow Yield | 20.36% | -1.61% | 2.58% | -2.50% | 2.02% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 6.53 | 44.17 | 39.02 | 38.86 | 27.53 |
| Price-to-Sales (P/S) Ratio | 0.49 | 1.13 | 2.35 | 3.20 | 2.33 |
| Price-to-Book (P/B) Ratio | 1.94 | 5.10 | 10.66 | 14.40 | 11.65 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 4.91 | -62.27 | 38.82 | -39.93 | 49.60 |
| Price-to-Operating Cash Flow Ratio | 3.64 | 27.21 | 11.40 | 34.03 | 26.99 |
| Price-to-Earnings Growth (PEG) Ratio | 0.02 | -0.73 | -1.47 | 4.99 | 0.43 |
| Enterprise Value Multiple | 5.46 | 9.42 | 14.51 | 18.18 | 13.69 |
| Enterprise Value | 9.33B | 14.57B | 26.37B | 34.11B | 22.41B |
| EV to EBITDA | 5.46 | 9.42 | 14.51 | 18.18 | 13.69 |
| EV to Sales | 0.85 | 1.66 | 2.78 | 3.62 | 2.63 |
| EV to Free Cash Flow | 8.52 | -91.51 | 45.98 | -45.15 | 56.05 |
| EV to Operating Cash Flow | 6.31 | 39.99 | 13.51 | 38.49 | 30.50 |
| Tangible Book Value Per Share | 4.41 | 3.33 | 3.40 | 3.36 | 2.68 |
| Shareholders’ Equity Per Share | 2.96 | 2.08 | 2.23 | 2.24 | 1.82 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.23 | 0.26 | 0.17 | 0.18 | 0.18 |
| Revenue Per Share | 11.78 | 9.37 | 10.15 | 10.08 | 9.10 |
| Net Income Per Share | 0.88 | 0.24 | 0.61 | 0.83 | 0.77 |
| Tax Burden | 0.58 | 0.37 | 0.59 | 0.62 | 0.66 |
| Interest Burden | 1.40 | 0.75 | 0.84 | 0.94 | 0.97 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.14 | 0.17 | 0.15 | 0.13 | 0.12 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.80 | 0.60 | 2.00 | 0.71 | 0.68 |
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