Forth PCL (BKK:FORTH-R) Enterprise Value: ฿18,848 Mil (As of Jun. 25, 2026) ***


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 Enterprise Value?

Forth PCL BKK:FORTH-R 84 Enterprise Value is ฿18,848 Mil as of Jun. 25, 2026. 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forth PCL's Enterprise Value is ฿18,848 Mil. Forth PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,727 Mil. Therefore, Forth PCL's EV-to-EBIT ratio for today is 10.91.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Forth PCL's Enterprise Value is ฿18,848 Mil. Forth PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,405 Mil. Therefore, Forth PCL's EV-to-EBITDA ratio for today is 7.84.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Forth PCL's Enterprise Value is ฿18,848 Mil. Forth PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ฿11,301 Mil. Therefore, Forth PCL's EV-to-Revenue ratio for today is 1.67.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Forth PCL's Enterprise Value is ฿18,848 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 ratio for today is 11.04.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Forth PCL's Enterprise Value is ฿18,848 Mil. Forth PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,278 Mil. Therefore, Forth PCL's EV-to-FCF ratio for today is 14.75.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Forth PCL  (BKK:FORTH-R) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Forth PCL's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=18848.395/1726.891
=10.91

Forth PCL's current Enterprise Value is ฿18,848 Mil.
Forth PCL's EBIT 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 ฿1,727 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Forth PCL's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=18848.395/2405.173
=7.84

Forth PCL's current Enterprise Value is ฿18,848 Mil.
Forth PCL's EBITDA 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 ฿2,405 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Forth PCL's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=18848.395/11300.766
=1.67

Forth PCL's current Enterprise Value is ฿18,848 Mil.
Forth PCL's Revenue 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 ฿11,301 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Forth PCL's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=18848.395/1707.603
=11.04

Forth PCL's current Enterprise Value is ฿18,848 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.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Forth PCL's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=18848.395/1278.209
=14.75

Forth PCL's current Enterprise Value is ฿18,848 Mil.
Forth PCL's Free Cash Flow 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 ฿1,278 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 Enterprise Value Related Terms


Forth PCL Enterprise Value Historical Data

* Premium members only.

The historical data trend for Forth PCL's Enterprise Value 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 Enterprise Value Chart

Forth PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,011.39 36,111.22 30,390.40 16,085.30 12,053.22

Forth PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 12,644.66 12,820.11 14,721.32 12,053.22 11,306.66

BKK:FORTH-R vs HON, MMM: Enterprise Value Comparison

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

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

* The bar in red indicates where Forth PCL's Enterprise Value falls into.


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

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

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

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

* 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 Enterprise Value →
What does a Enterprise Value of ฿18,848 Mil mean?
Forth PCL (BKK:FORTH-R) has a Enterprise Value of ฿18,848 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Forth PCL and its competitors.
Is Forth PCL's Enterprise Value too high?
Forth PCL's current Enterprise Value is ฿18,848 Mil. 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 Enterprise Value compare to HON and MMM?
Forth PCL's Enterprise Value of ฿18,848 Mil 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 Enterprise Value for a Conglomerates company?
A good Enterprise Value depends on the Conglomerates industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Forth PCL and its competitors. Forth PCL's current Enterprise Value is ฿18,848 Mil. 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 Enterprise Value of ฿18,848 Mil. 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 Enterprise Value is ฿18,848 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Enterprise Value is ฿18,848 Mil as of Jun. 25, 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:

  • Enterprise Value: ฿18,848 Mil
  • GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
  • GF Score™: 84/100 with 6 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

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

฿6.44
Price
฿6.11
GF Value