Forth PCL (BKK:FORTH-R) Retained Earnings: ฿2,063 Mil (As of Mar. 2026)


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 Retained Earnings?

Forth PCL BKK:FORTH-R 84 Retained Earnings is ฿2,063 Mil as of Mar. 2026. 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.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Forth PCL's retained earnings for the quarter that ended in Mar. 2026 was ฿2,063 Mil.

Forth PCL's quarterly retained earnings increased from Sep. 2025 (฿1,662 Mil) to Dec. 2025 (฿2,143 Mil) but then declined from Dec. 2025 (฿2,143 Mil) to Mar. 2026 (฿2,063 Mil).

Forth PCL's annual retained earnings increased from Dec. 2023 (฿1,173 Mil) to Dec. 2024 (฿1,319 Mil) and increased from Dec. 2024 (฿1,319 Mil) to Dec. 2025 (฿2,143 Mil).


Forth PCL  (BKK:FORTH-R) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Forth PCL Retained Earnings Historical Data

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The historical data trend for Forth PCL's Retained Earnings 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 Retained Earnings Chart

Forth PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 819.53 1,167.87 1,172.81 1,318.95 2,142.66

Forth PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 1,086.90 1,254.24 1,661.67 2,142.66 2,062.94
BKK:FORTH-R
84GF Score
Forth Corp PCL BKK:FORTH-R
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Forth PCL Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ฿2,063 Mil mean?
Forth PCL (BKK:FORTH-R) has a Retained Earnings of ฿2,063 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Forth PCL and its competitors.
Is Forth PCL's Retained Earnings too high?
Forth PCL's current Retained Earnings is ฿2,063 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 Retained Earnings compare to HON and MMM?
Forth PCL's Retained Earnings of ฿2,063 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 Retained Earnings for a Conglomerates company?
A good Retained Earnings depends on the Conglomerates industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Forth PCL and its competitors. Forth PCL's current Retained Earnings is ฿2,063 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 Retained Earnings of ฿2,063 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 Retained Earnings is ฿2,063 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Forth PCL (BKK:FORTH-R), the current Retained Earnings is ฿2,063 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:

  • Retained Earnings: ฿2,063 Mil
  • GF Value™: ฿6.11 vs. price of ฿6.44 (5.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs

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

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

฿6.44
Price
฿6.11
GF Value