Forth PCL's Operating Income for the
three
months ended in Mar. 2026 was ฿177 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿975 Mil.
Warning Sign:
Forth Corp PCL has recorded a loss in operating income at least once over the past 3 years.
Operating Margin % is calculated as Operating Income divided by its Revenue. Forth PCL's Operating Income for the
three
months ended in Mar. 2026 was ฿177 Mil. Forth PCL's Revenue for the
three
months ended in Mar. 2026 was ฿2,440 Mil. Therefore, Forth PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 7.26%.
Warning Sign:
Forth Corp PCL operating margin has been in a 5-year decline. The average rate of decline per year is -3.8%.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Forth PCL's annualizedROC % for the quarter that ended in Mar. 2026 was 5.09%.
Forth PCL's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.76%.
Forth PCL (BKK:FORTH-R) Operating Income Explanation
1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Forth PCL's annualizedROC % 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.
4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.
Be Aware
Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Forth PCL Operating Income Related Terms
Forth PCL Operating Income Historical Data
* Premium members only.
The historical data trend for Forth PCL's Operating Income 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.
Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.
Operating Income 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 ฿975 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 Operating Income of ฿975 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Forth PCL and its competitors.
Is Forth PCL's Operating Income too high?
Forth PCL's current Operating Income is ฿975 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 Operating Income compare to HON and MMM?
Forth PCL's Operating Income of ฿975 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 Operating Income for a Conglomerates company?
A good Operating Income depends on the Conglomerates industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Forth PCL and its competitors. Forth PCL's current Operating Income is ฿975 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 Operating Income of ฿975 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 Operating Income is ฿975 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 Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Operating Income is ฿975 Mil 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:
Operating Income: ฿975 Mil
GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
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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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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