Forth PCL (BKK:FORTH-R) Price-to-Free-Cash-Flow: 20.33 (As of Sep. 01, 2026) — 37% Above Median

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BKK:FORTH-R Forth Corp PCL BKK:FORTH-R
73 GF Score
Price ฿16.57
GF Value ฿5.62
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Forth PCL Price-to-Free-Cash-Flow?

Forth PCL BKK:FORTH-R 73 Price-to-Free-Cash-Flow is 20.33 as of Sep. 01, 2026, which is 37% above its 10-year median of 14.89. GuruFocus rates BKK:FORTH-R with a GF Score™ of 73/100 and a GF Value™ of ฿5.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 339 Conglomerates companies, Forth PCL ranks worse than 64.6% on this metric.

As of today (2026-09-01), Forth PCL's share price is ฿16.56588. Forth PCL's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.82. Hence, Forth PCL's Price-to-Free-Cash-Flow Ratio for today is 20.33.

The historical rank and industry rank for Forth PCL's Price-to-Free-Cash-Flow or its related term are showing as below:

BKK:FORTH-R' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.18   Med: 14.89   Max: 202.33
Current: 19.75

During the past 13 years, Forth PCL's highest Price-to-Free-Cash-Flow Ratio was 202.33. The lowest was 3.18. And the median was 14.89.

BKK:FORTH-R's Price-to-Free-Cash-Flow is ranked worse than
64.6% of 339 companies
in the Conglomerates industry
Industry Median: 13.11 vs BKK:FORTH-R: 19.75

Forth PCL's Free Cash Flow per Share for the three months ended in Jun. 2026 was ฿-0.67. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was ฿0.82.

During the past 13 years, Forth PCL's highest 3-Year average Free Cash Flow per Share Growth Rate was 188.20% per year. The lowest was -49.60% per year. And the median was 12.10% per year.


Forth PCL  (BKK:FORTH-R) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Forth PCL Price-to-Free-Cash-Flow Related Terms


Forth PCL Price-to-Free-Cash-Flow Historical Data

* Premium members only.

The historical data trend for Forth PCL's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Chart

Forth PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.96 0.00 36.74 0.00 5.15

Forth PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Free-Cash-Flow 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 0.00 0.00 5.15 5.26 19.39

BKK:FORTH-R vs MMM, HON: Price-to-Free-Cash-Flow Comparison

For the Conglomerates subindustry, Forth PCL's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Forth PCL's Price-to-Free-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Forth PCL's Price-to-Free-Cash-Flow falls into.


BKK:FORTH-R
73GF Score
Forth Corp PCL BKK:FORTH-R
Price-to-Free-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forth PCL Price-to-Free-Cash-Flow Calculation

Forth PCL's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=16.56588/0.815
=20.33

Forth PCL's Share Price of today is ฿16.56588.
Forth PCL's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.82.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow
What does a Price-to-Free-Cash-Flow of 20.33 mean?
Forth PCL (BKK:FORTH-R) has a Price-to-Free-Cash-Flow of 20.33 as of Sep. 01, 2026. Price-to-free-cash-flow ratio is the ratio of share price to a company's free cash flow per share. View historical data on Forth PCL and its competitors. This is 37% above median its historical median of 14.89. Over the past decade, Forth PCL's Price-to-Free-Cash-Flow has ranged from 3.18 to 202.33. According to the industry distribution chart, Forth PCL ranks #219 out of 339 companies in the Conglomerates industry, placing it in the top 64.6%.
Is Forth PCL's Price-to-Free-Cash-Flow too high?
Forth PCL's current Price-to-Free-Cash-Flow of 20.33 is 37% above median its 10-year median of 14.89. Over the past 10 years, this metric has ranged from a low of 3.18 to a high of 202.33. The Conglomerates industry median Price-to-Free-Cash-Flow is 13.11. Forth PCL's value of 20.33 is 55.1% above this industry median. Based on the distribution chart, Forth PCL ranks #219 out of 339 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Forth PCL has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forth PCL's Price-to-Free-Cash-Flow compare to MMM and HON?
According to the Conglomerates industry distribution chart, Forth PCL ranks #219 out of 339 companies for Price-to-Free-Cash-Flow. This places Forth PCL in the lower half of its industry. The industry median Price-to-Free-Cash-Flow is 13.11. Forth PCL's value of 20.33 is 55.1% above this benchmark. Historically, Forth PCL's own Price-to-Free-Cash-Flow has ranged from 3.18 to 202.33 over the past decade. While the company's 10-year median is 14.89 vs. the industry median of 13.11, 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 Price-to-Free-Cash-Flow for a Conglomerates company?
The median Price-to-Free-Cash-Flow among Conglomerates companies is 13.11, based on 339 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Free-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Free-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forth PCL's current Price-to-Free-Cash-Flow of 20.33 is 55.1% 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 Price-to-Free-Cash-Flow mean?
A high Price-to-Free-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Price-to-free-cash-flow ratio is the ratio of share price to a company's free cash flow per share. View historical data on Forth PCL and its competitors. For the Conglomerates industry, the median Price-to-Free-Cash-Flow is 13.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forth PCL's current Price-to-Free-Cash-Flow is 20.33, which is 37% above median its own 10-year median of 14.89. 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?
Based on GuruFocus' analysis, Forth PCL (BKK:FORTH-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.62, compared to a current price of ฿16.57 — trading 194.8% above its estimated fair value. The current Price-to-Free-Cash-Flow is 20.33, which is 37% above median its 10-year median of 14.89 and 55.1% above the Conglomerates industry median of 13.11. Forth PCL's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Free-Cash-Flow calculated?
Price-to-Free-Cash-Flow is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Price-to-Free-Cash-Flow is 20.33 as of Sep. 01, 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 ฿16.57 is trading 194.8% above its estimated GF Value™ of ฿5.62. GuruFocus considers Forth PCL to be Significantly Overvalued.

Key valuation signals for BKK:FORTH-R:

  • Price-to-Free-Cash-Flow: 20.33 (37% above median its 10-year median of 14.89)
  • GF Value™: ฿5.62 vs. price of ฿16.57 (194.8% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 55.1% above the Conglomerates median (#219 of 339)

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.
73GF Score

Get the complete analysis for BKK:FORTH-R

Price-to-Free-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿16.57
Price
฿5.62
GF Value