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Forth Smart Service PCLBKK:FSMART -2.53%68 EV-to-FCF is 12.10 as of Jul. 30, 2026, which is 61% above its 10-year median of 7.50. 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 251 Telecommunication Services companies, Forth Smart Service PCL ranks better than 59.36% on this metric.
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 for today is 12.10.
The historical rank and industry rank for Forth Smart Service PCL's EV-to-FCF or its related term are showing as below:
BKK:FSMART'
s EV-to-FCF Range Over the Past 10 Years
Min: -504.63 Med: 7.5 Max: 72.49
Current: 12.63
During the past 13 years, the highest EV-to-FCF of Forth Smart Service PCL was 72.49. The lowest was -504.63. And the median was 7.50.
BKK:FSMART's EV-to-FCF is ranked better than 59.36% of 251
companies
in the Telecommunication Services industry
Industry Median: 14.72
vs BKK:FSMART: 12.63
EV-to-FCF 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 Smart Service PCL (BKK:FSMART) EV-to-FCF Explanation
EV-to-FCF 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 Smart Service PCL's PE Ratio (TTM) for today is calculated as:
Forth Smart Service PCL's share price for today is ฿7.70.
Forth Smart Service 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 ฿0.764.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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 EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Forth Smart Service PCL's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Forth Smart Service PCL's EV-to-FCF falls into.
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 (BKK:FSMART) has a EV-to-FCF of 12.10 as of Jul. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Forth Smart Service PCL and its competitors. This is 61% above median its historical median of 7.50. According to the industry distribution chart, Forth Smart Service PCL ranks #102 out of 251 companies in the Telecommunication Services industry, placing it in the top 40.6%.
Is Forth Smart Service PCL's EV-to-FCF too high?
Forth Smart Service PCL's current EV-to-FCF of 12.10 is 61% above median its 10-year median of 7.50. The Telecommunication Services industry median EV-to-FCF is 14.72. Forth Smart Service PCL's value of 12.10 is 17.8% below this industry median. Based on the distribution chart, Forth Smart Service PCL ranks #102 out of 251 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 EV-to-FCF compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Forth Smart Service PCL ranks #102 out of 251 companies for EV-to-FCF. This puts Forth Smart Service PCL in the upper half of its industry. The industry median EV-to-FCF is 14.72. Forth Smart Service PCL's value of 12.10 is 17.8% below this benchmark. While the company's 10-year median is 7.50 vs. the industry median of 14.72, Forth Smart Service 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 EV-to-FCF for a Telecommunication Services company?
The median EV-to-FCF among Telecommunication Services companies is 14.72, based on 251 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth Smart Service PCL's current EV-to-FCF of 12.10 is 17.8% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Forth Smart Service PCL and its competitors. For the Telecommunication Services industry, the median EV-to-FCF is 14.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth Smart Service PCL's current EV-to-FCF is 12.10, which is 61% above median its own 10-year median of 7.50. 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 EV-to-FCF is 12.10, which is 61% above median its 10-year median of 7.50 and 17.8% below the Telecommunication Services industry median of 14.72. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Forth Smart Service PCL (BKK:FSMART), the current EV-to-FCF is 12.10 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:
EV-to-FCF: 12.10 (61% above median its 10-year median of 7.50)
GF Value™: ฿6.73 vs. price of ฿7.70 (14.4% above fair value)
Industry Position: 17.8% below the Telecommunication Services median (#102 of 251)
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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