Forth PCL (BKK:FORTH-R) Pretax Margin %: 12.44% (As of Mar. 2026) — Near Median


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 Pretax Margin %?

Forth PCL BKK:FORTH-R 84 Pretax Margin % is 12.44% as of Mar. 2026, which is 7% above its 10-year median of 11.59. 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 549 Conglomerates companies, Forth PCL ranks better than 73.95% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Forth PCL's Pre-Tax Income for the three months ended in Mar. 2026 was ฿304 Mil. Forth PCL's Revenue for the three months ended in Mar. 2026 was ฿2,440 Mil. Therefore, Forth PCL's pretax margin for the quarter that ended in Mar. 2026 was 12.44%.

The historical rank and industry rank for Forth PCL's Pretax Margin % or its related term are showing as below:

BKK:FORTH-R' s Pretax Margin % Range Over the Past 10 Years
Min: 6.9   Med: 11.59   Max: 13.66
Current: 13.66


BKK:FORTH-R's Pretax Margin % is ranked better than
73.95% of 549 companies
in the Conglomerates industry
Industry Median: 6.57 vs BKK:FORTH-R: 13.66

Forth PCL  (BKK:FORTH-R) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Forth PCL Pretax Margin % Related Terms


Forth PCL Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Forth PCL's Pretax Margin % 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 Pretax Margin % Chart

Forth PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.77 13.32 10.29 6.90 12.95

Forth PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 8.66 9.36 16.91 14.49 12.44

BKK:FORTH-R vs HON, MMM: Pretax Margin % Comparison

For the Conglomerates subindustry, Forth PCL's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Forth PCL's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Forth PCL's Pretax Margin % falls into.


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

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1426.831/11014.215
=12.95 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=303.627/2440.448
=12.44 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 12.44% mean?
Forth PCL (BKK:FORTH-R) has a Pretax Margin % of 12.44% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Forth PCL and its competitors. This is near median its historical median of 11.59. Over the past decade, Forth PCL's Pretax Margin % has ranged from 6.90 to 13.66. According to the industry distribution chart, Forth PCL ranks #143 out of 549 companies in the Conglomerates industry, placing it in the top 26%.
Is Forth PCL's Pretax Margin % too high?
Forth PCL's current Pretax Margin % of 12.44% is near median its 10-year median of 11.59. Over the past 10 years, this metric has ranged from a low of 6.90 to a high of 13.66. The Conglomerates industry median Pretax Margin % is 6.57. Forth PCL's value of 12.44% is 89.3% above this industry median. Based on the distribution chart, Forth PCL ranks #143 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. 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 Pretax Margin % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Forth PCL ranks #143 out of 549 companies for Pretax Margin %. This puts Forth PCL in the upper half of its industry. The industry median Pretax Margin % is 6.57. Forth PCL's value of 12.44% is 89.3% above this benchmark. Historically, Forth PCL's own Pretax Margin % has ranged from 6.90 to 13.66 over the past decade. While the company's 10-year median is 11.59 vs. the industry median of 6.57, 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 Pretax Margin % for a Conglomerates company?
The median Pretax Margin % among Conglomerates companies is 6.57, based on 549 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth PCL's current Pretax Margin % of 12.44% is 89.3% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Forth PCL and its competitors. For the Conglomerates industry, the median Pretax Margin % is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current Pretax Margin % is 12.44%, which is near median its own 10-year median of 11.59. 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 Pretax Margin % of 12.44%. 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 Pretax Margin % is 12.44%, which is near median its 10-year median of 11.59 and 89.3% above the Conglomerates industry median of 6.57. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Pretax Margin % is 12.44% 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:

  • Pretax Margin %: 12.44% (near median its 10-year median of 11.59)
  • GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 89.3% above the Conglomerates median (#143 of 549)

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

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

฿6.44
Price
฿6.11
GF Value