GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Forth Corp PCL (BKK:FORTH-R) » Definitions » Operating Margin %

Forth PCL (BKK:FORTH-R) Operating Margin % : -9.87% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Forth PCL Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Forth PCL's Operating Income for the three months ended in Dec. 2023 was ฿-189 Mil. Forth PCL's Revenue for the three months ended in Dec. 2023 was ฿1,919 Mil. Therefore, Forth PCL's Operating Margin % for the quarter that ended in Dec. 2023 was -9.87%.

Good Sign:

Forth Corp PCL operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Forth PCL's Operating Margin % or its related term are showing as below:

BKK:FORTH-R' s Operating Margin % Range Over the Past 10 Years
Min: 7.86   Med: 10.36   Max: 16.14
Current: 8.86


BKK:FORTH-R's Operating Margin % is ranked better than
73.44% of 2462 companies
in the Hardware industry
Industry Median: 3.645 vs BKK:FORTH-R: 8.86

Forth PCL's 5-Year Average Operating Margin % Growth Rate was 1.00% per year.

Forth PCL's Operating Income for the three months ended in Dec. 2023 was ฿-189 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ฿841 Mil.

Warning Sign:

Forth Corp PCL has recorded a loss in operating income at least once over the past 3 years.


Forth PCL Operating Margin % Historical Data

The historical data trend for Forth PCL's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forth PCL Operating Margin % Chart

Forth PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.86 8.14 9.69 10.80 8.86

Forth PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.35 15.04 13.86 11.79 -9.87

Competitive Comparison of Forth PCL's Operating Margin %

For the Electronic Components subindustry, Forth PCL's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Forth PCL's Operating Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Forth PCL's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Forth PCL's Operating Margin % falls into.



Forth PCL Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Forth PCL's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=840.795 / 9491.547
=8.86 %

Forth PCL's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-189.357 / 1919.249
=-9.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Forth PCL  (BKK:FORTH-R) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Forth PCL Operating Margin % Related Terms

Thank you for viewing the detailed overview of Forth PCL's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Forth PCL (BKK:FORTH-R) Business Description

Traded in Other Exchanges
Address
1053/1, Phaholyothin Road, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400
Forth Corp PCL is engaged in the manufacture and distribution of electronic equipment and project work relating to design and install telecommunication equipment. The company is organized into business units based on its products and services and have three reportable segments as follows - Electronics Manufacturing Service segment designs manufactures of consigns and turnkey projects, and sales of semiconductor electronic parts. Enterprise solutions business segment that bids for project work, sources, subcontracts and install various systems for the government and private sectors. The Smart service business segment provides online financial transaction services and sells products and services through vending machines. The company and its subsidiaries are operated in Thailand only.

Forth PCL (BKK:FORTH-R) Headlines

No Headlines