Forth PCL (BKK:FORTH-R) Current Ratio: 0.94 (As of Mar. 2026) — Near Median


BKK:FORTH-R Forth Corp PCL BKK:FORTH-R
84 GF Score
Price ฿6.44
GF Value ฿6.11
! 6 Warning Signs
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What is Forth PCL Current Ratio?

Forth PCL BKK:FORTH-R 84 Current Ratio is 0.94 as of Mar. 2026, which is 4% above its 10-year median of 0.90. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿6.11. The stock has 6 warning signs investors should review. Among 561 Conglomerates companies, Forth PCL ranks worse than 85.03% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Forth PCL's current ratio for the quarter that ended in Mar. 2026 was 0.94.

Forth PCL has a current ratio of 0.94. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Forth PCL has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Forth PCL's Current Ratio or its related term are showing as below:

BKK:FORTH-R' s Current Ratio Range Over the Past 10 Years
Min: 0.77   Med: 0.9   Max: 1.14
Current: 0.94

During the past 13 years, Forth PCL's highest Current Ratio was 1.14. The lowest was 0.77. And the median was 0.90.

BKK:FORTH-R's Current Ratio is ranked worse than
85.03% of 561 companies
in the Conglomerates industry
Industry Median: 1.6 vs BKK:FORTH-R: 0.94

Forth PCL  (BKK:FORTH-R) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Forth PCL Current Ratio Related Terms


Forth PCL Current Ratio Historical Data

* Premium members only.

The historical data trend for Forth PCL's Current Ratio 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 Current Ratio Chart

Forth PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.91 0.87 0.81 0.90

Forth PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 0.82 0.81 0.87 0.90 0.94

BKK:FORTH-R vs HON, MMM: Current Ratio Comparison

For the Conglomerates subindustry, Forth PCL's Current Ratio, along with its competitors' market caps and Current 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 PCL Current Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Forth PCL's Current Ratio distribution charts can be found below:

* The bar in red indicates where Forth PCL's Current Ratio falls into.


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

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Forth PCL's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=6803.516/7550.595
=0.90

Forth PCL's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=7344.257/7814.169
=0.94

* 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 Current Ratio →
What does a Current Ratio of 0.94 mean?
Forth PCL (BKK:FORTH-R) has a Current Ratio of 0.94 as of Mar. 2026. This is near median its historical median of 0.90. Over the past decade, Forth PCL's Current Ratio has ranged from 0.77 to 1.14. According to the industry distribution chart, Forth PCL ranks #477 out of 561 companies in the Conglomerates industry, placing it in the top 85%.
Is Forth PCL's Current Ratio too high?
Forth PCL's current Current Ratio of 0.94 is near median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.14. The Conglomerates industry median Current Ratio is 1.60. Forth PCL's value of 0.94 is 41.3% below this industry median. Based on the distribution chart, Forth PCL ranks #477 out of 561 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. 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 Current Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #477 out of 561 companies for Current Ratio. This places Forth PCL in the lower half of its industry. The industry median Current Ratio is 1.60. Forth PCL's value of 0.94 is 41.3% below this benchmark. Historically, Forth PCL's own Current Ratio has ranged from 0.77 to 1.14 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.60, Forth PCL has consistently been below 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 Current Ratio for a Conglomerates company?
The median Current Ratio among Conglomerates companies is 1.60, based on 561 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth PCL's current Current Ratio of 0.94 is 41.3% below 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Conglomerates industry, the median Current Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current Current Ratio is 0.94, which is near median its own 10-year median of 0.90. 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 Current Ratio of 0.94. The stock's GF Value™ is ฿6.11, compared to a current price of ฿6.44 — trading 5.4% above its estimated fair value. The current Current Ratio is 0.94, which is near median its 10-year median of 0.90 and 41.3% below the Conglomerates industry median of 1.60. Forth PCL's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Current Ratio is 0.94 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 5.4% above its estimated GF Value™ of ฿6.11.

Key valuation signals for BKK:FORTH-R:

  • Current Ratio: 0.94 (near median its 10-year median of 0.90)
  • GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 41.3% below the Conglomerates median (#477 of 561)

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

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

฿6.44
Price
฿6.11
GF Value