Forth Smart Service PCL (BKK:FSMART) Enterprise Value: ฿6,031 Mil (As of Jul. 30, 2026) ***

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BKK:FSMART Forth Smart Service PCL BKK:FSMART
68 GF Score
Price ฿7.70
GF Value ฿6.73
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Forth Smart Service PCL Enterprise Value?

Forth Smart Service PCL BKK:FSMART -2.53% 68 Enterprise Value is ฿6,031 Mil as of Jul. 30, 2026. 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.

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 Smart Service PCL's Enterprise Value is ฿6,031 Mil. Forth Smart Service PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ฿735 Mil. Therefore, Forth Smart Service PCL's EV-to-EBIT ratio for today is 8.20.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Forth Smart Service PCL's Enterprise Value is ฿6,031 Mil. Forth Smart Service PCL's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ฿914 Mil. Therefore, Forth Smart Service PCL's EV-to-EBITDA ratio for today is 6.60.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Forth Smart Service PCL's Enterprise Value is ฿6,031 Mil. Forth Smart Service PCL's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,118 Mil. Therefore, Forth Smart Service PCL's EV-to-Revenue ratio for today is 2.85.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Forth Smart Service PCL's Enterprise Value is ฿6,031 Mil. Forth Smart Service PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ฿664 Mil. Therefore, Forth Smart Service PCL's EV-to-OCF ratio for today is 9.08.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Forth Smart Service PCL's Enterprise Value is ฿6,031 Mil. Forth Smart Service PCL's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ฿498 Mil. Therefore, Forth Smart Service PCL's EV-to-FCF ratio for today is 12.10.

*** 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 Smart Service PCL  (BKK:FSMART) 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 Smart Service PCL's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6030.676/735.223
=8.20

Forth Smart Service PCL's current Enterprise Value is ฿6,031 Mil.
Forth Smart Service 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 ฿735 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6030.676/914.168
=6.60

Forth Smart Service PCL's current Enterprise Value is ฿6,031 Mil.
Forth Smart Service 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 ฿914 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6030.676/2118.384
=2.85

Forth Smart Service PCL's current Enterprise Value is ฿6,031 Mil.
Forth Smart Service 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 ฿2,118 Mil.

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

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6030.676/663.965
=9.08

Forth Smart Service PCL's current Enterprise Value is ฿6,031 Mil.
Forth Smart Service 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 ฿664 Mil.

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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6030.676/498.349
=12.10

Forth Smart Service PCL's current Enterprise Value is ฿6,031 Mil.
Forth Smart Service 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 ฿498 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 Smart Service PCL Enterprise Value Related Terms


Forth Smart Service PCL Enterprise Value Historical Data

* Premium members only.

The historical data trend for Forth Smart Service 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 Smart Service PCL Enterprise Value Chart

Forth Smart Service 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 9,163.35 9,997.78 5,683.02 6,730.23 5,401.07

Forth Smart Service 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 4,987.38 4,877.02 7,469.49 5,401.07 4,976.28

BKK:FSMART vs VZ, TMUS, T: Enterprise Value Comparison

For the Telecom Services subindustry, Forth Smart Service 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 Smart Service PCL Enterprise Value vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forth Smart Service PCL's Enterprise Value distribution charts can be found below:

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


BKK:FSMART
68GF Score
Forth Smart Service PCL BKK:FSMART
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Forth Smart Service 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 ฿6,031 Mil mean?
Forth Smart Service PCL (BKK:FSMART) has a Enterprise Value of ฿6,031 Mil as of Jul. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Forth Smart Service PCL and its competitors.
Is Forth Smart Service PCL's Enterprise Value too high?
Forth Smart Service PCL's current Enterprise Value is ฿6,031 Mil. 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 Enterprise Value compare to VZ and TMUS?
Forth Smart Service PCL's Enterprise Value of ฿6,031 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Enterprise Value depends on the Telecommunication Services 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 Smart Service PCL and its competitors. Forth Smart Service PCL's current Enterprise Value is ฿6,031 Mil. 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 Enterprise Value is ฿6,031 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Forth Smart Service PCL (BKK:FSMART), the current Enterprise Value is ฿6,031 Mil as of Jul. 30, 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:

  • Enterprise Value: ฿6,031 Mil
  • GF Value™: ฿6.73 vs. price of ฿7.70 (14.4% above fair value)
  • GF Score™: 68/100 with 3 warning signs

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 Business Description

Address 256 Paholyothin Road, Samsennai, Phaya Thai District, Bangkok, THA, 10400
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

Get the complete analysis for BKK:FSMART

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

฿7.70
Price
฿6.73
GF Value