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Forth Smart Service PCLBKK:FSMART -2.53%68 Cash Ratio is 0.41 as of Mar. 2026, which is 215% above its 10-year median of 0.13. GuruFocus rates BKK:FSMART with a GF Score™ of 68/100 and a GF Value™ of ฿6.73 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 361 Telecommunication Services companies, Forth Smart Service PCL ranks better than 58.45% on this metric.
Forth Smart Service PCL has a Cash Ratio of 0.41. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Forth Smart Service PCL's Cash Ratio or its related term are showing as below:
BKK:FSMART'
s Cash Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.13 Max: 0.41
Current: 0.41
During the past 13 years, Forth Smart Service PCL's highest Cash Ratio was 0.41. The lowest was 0.04. And the median was 0.13.
BKK:FSMART's Cash Ratio is ranked better than 58.45% of 361
companies
in the Telecommunication Services industry
Industry Median: 0.34
vs BKK:FSMART: 0.41
Forth Smart Service PCL (BKK:FSMART) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Forth Smart Service PCL Cash Ratio Related Terms
Forth Smart Service PCL Cash Ratio Historical Data
* 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.
For the Telecom Services subindustry, Forth Smart Service PCL's Cash Ratio, along with its competitors' market caps and Cash Ratio 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 Smart Service PCL Cash Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Forth Smart Service PCL's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Forth Smart Service PCL's Cash Ratio falls into.
* 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 Smart Service PCL (BKK:FSMART) has a Cash Ratio of 0.41 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Forth Smart Service PCL and its competitors. This is 215% above median its historical median of 0.13. Over the past decade, Forth Smart Service PCL's Cash Ratio has ranged from 0.04 to 0.41. According to the industry distribution chart, Forth Smart Service PCL ranks #150 out of 361 companies in the Telecommunication Services industry, placing it in the top 41.6%.
Is Forth Smart Service PCL's Cash Ratio too high?
Forth Smart Service PCL's current Cash Ratio of 0.41 is 215% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.41. The Telecommunication Services industry median Cash Ratio is 0.34. Forth Smart Service PCL's value of 0.41 is 20.6% above this industry median. Based on the distribution chart, Forth Smart Service PCL ranks #150 out of 361 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Forth Smart Service PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forth Smart Service PCL's Cash Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Forth Smart Service PCL ranks #150 out of 361 companies for Cash Ratio. This puts Forth Smart Service PCL in the upper half of its industry. The industry median Cash Ratio is 0.34. Forth Smart Service PCL's value of 0.41 is 20.6% above this benchmark. Historically, Forth Smart Service PCL's own Cash Ratio has ranged from 0.04 to 0.41 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.34, Forth Smart Service PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Telecommunication Services company?
The median Cash Ratio among Telecommunication Services companies is 0.34, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth Smart Service PCL's current Cash Ratio of 0.41 is 20.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Forth Smart Service PCL and its competitors. For the Telecommunication Services industry, the median Cash Ratio is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth Smart Service PCL's current Cash Ratio is 0.41, which is 215% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forth Smart Service PCL stock overvalued right now?
Based on GuruFocus' analysis, Forth Smart Service PCL (BKK:FSMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.73, compared to a current price of ฿7.70 — trading 14.4% above its estimated fair value. The current Cash Ratio is 0.41, which is 215% above median its 10-year median of 0.13 and 20.6% above the Telecommunication Services industry median of 0.34. Forth Smart Service PCL's overall GF Score™ is 68/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Forth Smart Service PCL (BKK:FSMART), the current Cash Ratio is 0.41 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 Smart Service PCL (BKK:FSMART) Overvalued in 2026?
Based on GuruFocus' analysis, Forth Smart Service PCL stock appears to be overvalued.
The current stock price of ฿7.70 is trading 14.4% above its estimated GF Value™ of ฿6.73.
GuruFocus considers Forth Smart Service PCL to be Modestly Overvalued.
Key valuation signals for BKK:FSMART:
Cash Ratio: 0.41 (215% above median its 10-year median of 0.13)
GF Value™: ฿6.73 vs. price of ฿7.70 (14.4% above fair value)
Industry Position: 20.6% above the Telecommunication Services median (#150 of 361)
No single metric tells the full story. See the BKK:FSMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forth Smart Service PCL is a Thailand-based company engaged in providing prepaid mobile top-up services, money transfer services, and online payment receipt services through electronic top-up machines. The company also provides advertising services through its online top-up machine network. It operates through two reportable segments: Top-up Machine, which provides mobile top-up, payment, and related services through automated machines; and Lending, which provides personal loans and nano finance services. It generates the majority of its revenue from the Top-up machine segment.
68GF Score
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