Forth PCL (BKK:FORTH-R) Capex-to-Revenue: 0.03 (As of Mar. 2026)

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BKK:FORTH-R Forth Corp PCL BKK:FORTH-R
84 GF Score
Price ฿6.44
GF Value ฿5.89
! 10 Warning Signs
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What is Forth PCL Capex-to-Revenue?

Forth PCL BKK:FORTH-R 84 Capex-to-Revenue is 0.03 as of Mar. 2026. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿5.89. The stock has 10 warning signs investors should review.

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

Forth PCL's Capital Expenditure for the three months ended in Mar. 2026 was ฿-72.99 Mil. Its Revenue for the three months ended in Mar. 2026 was ฿2,440.45 Mil.

Hence, Forth PCL's Capex-to-Revenue for the three months ended in Mar. 2026 was 0.03.


Forth PCL  (BKK:FORTH-R) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.


Forth PCL Capex-to-Revenue Related Terms


Forth PCL Capex-to-Revenue Historical Data

* Premium members only.

The historical data trend for Forth PCL's Capex-to-Revenue 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.

Forth PCL Capex-to-Revenue Chart

Forth PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.17 0.15 0.06 0.04

Forth PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Capex-to-Revenue 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 0.03 0.03 0.04 0.06 0.03

BKK:FORTH-R vs HON, MMM: Capex-to-Revenue Comparison

For the Conglomerates subindustry, Forth PCL's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue 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 Capex-to-Revenue vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Forth PCL's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Forth PCL's Capex-to-Revenue falls into.


BKK:FORTH-R
84GF Score
Forth Corp PCL BKK:FORTH-R
Capex-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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Forth PCL Capex-to-Revenue Calculation

Forth PCL's Capex-to-Revenue for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-426.623) / 11014.215
=0.04

Forth PCL's Capex-to-Revenue for the quarter that ended in Mar. 2026 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-72.99) / 2440.448
=0.03

* 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.

Frequently Asked Questions Learn more about Capex-to-Revenue →
What does a Capex-to-Revenue of 0.03 mean?
Forth PCL (BKK:FORTH-R) has a Capex-to-Revenue of 0.03 as of Mar. 2026. Capex to Revenue ratio measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. View historical data on Forth PCL and its competitors.
Is Forth PCL's Capex-to-Revenue too high?
Forth PCL's current Capex-to-Revenue is 0.03. Overall, Forth PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Forth PCL's Capex-to-Revenue compare to HON and MMM?
Forth PCL's Capex-to-Revenue of 0.03 can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Revenue for a Conglomerates company?
A good Capex-to-Revenue depends on the Conglomerates industry context. However, Capex-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Revenue mean?
A high Capex-to-Revenue can signal that a stock is expensive relative to its fundamentals. Capex to Revenue ratio measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. View historical data on Forth PCL and its competitors. Forth PCL's current Capex-to-Revenue is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth PCL stock overvalued right now?
Forth PCL (BKK:FORTH-R) has a current Capex-to-Revenue of 0.03. The stock's GF Value™ is ฿5.89, compared to a current price of ฿6.44 — trading 9.3% above its estimated fair value. The current Capex-to-Revenue is 0.03. Forth PCL's overall GF Score™ is 84/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Revenue calculated?
Capex-to-Revenue is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Capex-to-Revenue is 0.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forth PCL (BKK:FORTH-R) Overvalued in 2026?

Based on GuruFocus' analysis, Forth PCL stock appears to be overvalued. The current stock price of ฿6.44 is trading 9.3% above its estimated GF Value™ of ฿5.89.

Key valuation signals for BKK:FORTH-R:

  • Capex-to-Revenue: 0.03
  • GF Value™: ฿5.89 vs. price of ฿6.44 (9.3% above fair value)
  • GF Score™: 84/100 with 10 warning signs

No single metric tells the full story. See the BKK:FORTH-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forth PCL Business Description

Other Exchanges FORTH:Thailand
Address 1053/1, Phaholyothin Road, Phayathai, Phayathai, Bangkok, THA, 10400
Forth Corp PCL manufactures and distributes electronic equipment and project work relating to design and install telecommunication equipment. The company's segments include Electronics manufacturing service business sources, manufactures and distributes electronics parts, both work manufactured order and general equipment; Enterprise solutions business bids for project work, sources, subcontracts and install various systems for the government and private sectors; Smart service business provides online financial transaction service and sells products and service through vending machines and provides lending services. The Enterprise solutions business derives the majority of the revenue. Geographically it operates in Thailand, Netherlands, United States of America, and Others.
84GF Score

Get the complete analysis for BKK:FORTH-R

Capex-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿6.44
Price
฿5.89
GF Value