Forth PCLBKK:FORTH-R 84 EV-to-OCF is 11.26 as of Jun. 28, 2026, which is 1% above its 10-year median of 11.18. GuruFocus rates BKK:FORTH-R with a GF Score™ of 84/100 and a GF Value™ of ฿5.95. The stock has 10 warning signs investors should review. Among 565 Conglomerates companies, Forth PCL ranks worse than 59.47% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Forth PCL's Enterprise Value is ฿19,223 Mil.
Forth PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,708 Mil. Therefore, Forth PCL's EV-to-OCF for today is 11.26.
The historical rank and industry rank for Forth PCL's EV-to-OCF or its related term are showing as below:
BKK:FORTH-R'
s EV-to-OCF Range Over the Past 10 Years
Min: -156.41 Med: 11.18 Max: 177.35
Current: 11.26
During the past 13 years, the highest EV-to-OCF of Forth PCL was 177.35. The lowest was -156.41. And the median was 11.18.
BKK:FORTH-R's EV-to-OCF is ranked worse than 59.47% of 565
companies
in the Conglomerates industry
Industry Median: 8.39
vs BKK:FORTH-R: 11.26
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Forth PCL's share price for today is ฿6.4372.
Forth PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1.000.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Forth PCL EV-to-OCF Related Terms
Forth PCL EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Forth PCL's EV-to-OCF 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.
For the Conglomerates subindustry, Forth PCL's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Forth PCL's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Forth PCL's EV-to-OCF falls into.
Forth PCL's current Enterprise Value is ฿19,223 Mil.
Forth PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,708 Mil.
* 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) has a EV-to-OCF of 11.26 as of Jun. 28, 2026. This is near median its historical median of 11.18. According to the industry distribution chart, Forth PCL ranks #336 out of 565 companies in the Conglomerates industry, placing it in the top 59.5%.
Is Forth PCL's EV-to-OCF too high?
Forth PCL's current EV-to-OCF of 11.26 is near median its 10-year median of 11.18. The Conglomerates industry median EV-to-OCF is 8.39. Forth PCL's value of 11.26 is 34.2% above this industry median. Based on the distribution chart, Forth PCL ranks #336 out of 565 companies in the Conglomerates industry, which is below the industry midpoint. 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 EV-to-OCF compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #336 out of 565 companies for EV-to-OCF. This places Forth PCL in the lower half of its industry. The industry median EV-to-OCF is 8.39. Forth PCL's value of 11.26 is 34.2% above this benchmark. While the company's 10-year median is 11.18 vs. the industry median of 8.39, Forth 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 EV-to-OCF for a Conglomerates company?
The median EV-to-OCF among Conglomerates companies is 8.39, based on 565 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth PCL's current EV-to-OCF of 11.26 is 34.2% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Conglomerates industry, the median EV-to-OCF is 8.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current EV-to-OCF is 11.26, which is near median its own 10-year median of 11.18. 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 EV-to-OCF of 11.26. The stock's GF Value™ is ฿5.95, compared to a current price of ฿6.44 — trading 8.2% above its estimated fair value. The current EV-to-OCF is 11.26, which is near median its 10-year median of 11.18 and 34.2% above the Conglomerates industry median of 8.39. 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 EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current EV-to-OCF is 11.26 as of Jun. 28, 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 8.2% above its estimated GF Value™ of ฿5.95.
Key valuation signals for BKK:FORTH-R:
EV-to-OCF: 11.26 (near median its 10-year median of 11.18)
GF Value™: ฿5.95 vs. price of ฿6.44 (8.2% above fair value)
Industry Position: 34.2% above the Conglomerates median (#336 of 565)
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 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
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