Forth PCLBKK:FORTH-R 84 Dividend Payout Ratio is 1.17 as of Mar. 2026, which is 27% above its 10-year median of 0.92. 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. Among 307 Conglomerates companies, Forth PCL ranks better than 76.87% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Forth PCL's Dividend Payout Ratio for the
months ended in Mar. 2026 was 1.17.
The historical rank and industry rank for Forth PCL's Dividend Payout Ratio or its related term are showing as below:
BKK:FORTH-R'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.92 Max: 1.54
Current: 0.21
During the past 13 years, the highest Dividend Payout Ratio of Forth PCL was 1.54. The lowest was 0.21. And the median was 0.92.
BKK:FORTH-R's Dividend Payout Ratio is ranked better than 76.87% of 307
companies
in the Conglomerates industry
Industry Median: 0.37
vs BKK:FORTH-R: 0.21
During the past 12 months, Forth PCL's average Dividends Per Share Growth Rate was 40.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Forth PCL was 56.50% per year. The lowest was -11.20% per year. And the median was 7.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Forth PCL (BKK:FORTH-R) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Forth PCL Dividend Payout Ratio Related Terms
Forth PCL Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Forth PCL's Dividend Payout Ratio 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.
BKK:FORTH-R vs HON, MMM: Dividend Payout Ratio Comparison
For the Conglomerates subindustry, Forth PCL's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Forth PCL's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Forth PCL's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Forth PCL's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 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.
Forth PCL (BKK:FORTH-R) has a Dividend Payout Ratio of 1.17 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Forth PCL and its competitors. This is 27% above median its historical median of 0.92. Over the past decade, Forth PCL's Dividend Payout Ratio has ranged from 0.21 to 1.54. According to the industry distribution chart, Forth PCL ranks #71 out of 307 companies in the Conglomerates industry, placing it in the top 23.1%.
Is Forth PCL's Dividend Payout Ratio too high?
Forth PCL's current Dividend Payout Ratio of 1.17 is 27% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.54. The Conglomerates industry median Dividend Payout Ratio is 0.37. Forth PCL's value of 1.17 is 216.2% above this industry median. Based on the distribution chart, Forth PCL ranks #71 out of 307 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. 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 Dividend Payout Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #71 out of 307 companies for Dividend Payout Ratio. This places Forth PCL in the top 23% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Forth PCL's value of 1.17 is 216.2% above this benchmark. Historically, Forth PCL's own Dividend Payout Ratio has ranged from 0.21 to 1.54 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.37, 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 Dividend Payout Ratio for a Conglomerates company?
The median Dividend Payout Ratio among Conglomerates companies is 0.37, based on 307 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth PCL's current Dividend Payout Ratio of 1.17 is 216.2% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Forth PCL and its competitors. For the Conglomerates industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current Dividend Payout Ratio is 1.17, which is 27% above median its own 10-year median of 0.92. 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 Dividend Payout Ratio of 1.17. 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 Dividend Payout Ratio is 1.17, which is 27% above median its 10-year median of 0.92 and 216.2% above the Conglomerates industry median of 0.37. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Dividend Payout Ratio is 1.17 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:
Dividend Payout Ratio: 1.17 (27% above median its 10-year median of 0.92)
GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
Industry Position: 216.2% above the Conglomerates median (#71 of 307)
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
Get the complete analysis for BKK:FORTH-R
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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