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FORTH (Forth) Stock Analysis
Buy, Hold or Sell?

Let's analyze Forth together

I guess you are interested in Forth Corporation Public Company Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Forth’s Financial Insights
  • 📈 Technical Analysis (TA) – Forth’s Price Targets

I'm going to help you getting a better view of Forth Corporation Public Company Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Forth (30 sec.)










1.2. What can you expect buying and holding a share of Forth? (30 sec.)

How much money do you get?

How much money do you get?
฿0.05
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
฿3.43
Expected worth in 1 year
฿3.10
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
฿1.16
Return On Investment
15.3%

For what price can you sell your share?

Current Price per Share
฿7.55
Expected price per share
฿6.05 - ฿10.30
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Forth (5 min.)




Live pricePrice per Share (EOD)
฿7.55
Intrinsic Value Per Share
฿-14.29 - ฿2.55
Total Value Per Share
฿-10.86 - ฿5.98

2.2. Growth of Forth (5 min.)




Is Forth growing?

Current yearPrevious yearGrowGrow %
How rich?$99m$101.4m-$2.3m-2.4%

How much money is Forth making?

Current yearPrevious yearGrowGrow %
Making money$6.8m$17.6m-$10.8m-158.7%
Net Profit Margin2.5%6.0%--

How much money comes from the company's main activities?

2.3. Financial Health of Forth (5 min.)




2.4. Comparing to competitors in the Conglomerates industry (5 min.)




  Industry Rankings (Conglomerates)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Forth?

Welcome investor! Forth's management wants to use your money to grow the business. In return you get a share of Forth.

First you should know what it really means to hold a share of Forth. And how you can make/lose money.

Speculation

The Price per Share of Forth is ฿7.55. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Forth.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Forth, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ฿3.43. Based on the TTM, the Book Value Change Per Share is ฿-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is ฿0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ฿0.37 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Forth.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 ฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share
Usd Eps0.010.1%0.010.1%0.020.3%0.020.2%0.020.2%0.020.2%
Usd Book Value Change Per Share0.000.0%0.000.0%0.000.0%0.010.1%0.010.1%0.010.1%
Usd Dividend Per Share0.010.2%0.010.2%0.020.3%0.010.2%0.010.2%0.010.2%
Usd Total Gains Per Share0.010.1%0.010.1%0.020.3%0.020.3%0.020.3%0.020.3%
Usd Price Per Share0.33-0.33-0.71-0.68-0.58-0.39-
Price to Earnings Ratio44.80-44.80-37.57-40.44-32.35-24.86-
Price-to-Total Gains Ratio36.68-36.68-35.68-33.60-30.66-22.44-
Price to Book Ratio3.09-3.09-6.56-6.30-5.81-4.15-
Price-to-Total Gains Ratio36.68-36.68-35.68-33.60-30.66-22.44-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.233295
Number of shares4286
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.010.02
Gains per Quarter (4286 shares)38.2881.67
Gains per Year (4286 shares)153.11326.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1196-4314323493317
2392-86296468185644
3588-129449702278971
4784-1726029363711298
5980-21475511704631625
61176-25790814045561952
71372-300106116386492279
81568-343121418727412606
91764-386136721068342933
101960-429152023409273260

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.01.00.095.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%14.06.00.070.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.02.090.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.02.00.090.0%
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3.2. Key Performance Indicators

The key performance indicators of Forth Corporation Public Company Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.081-0.0810%0.025-426%0.209-139%0.175-146%0.343-124%
Book Value Per Share--3.4283.4280%3.508-2%3.473-1%3.119+10%2.894+18%
Current Ratio--0.8140.8140%0.873-7%0.867-6%0.892-9%0.939-13%
Debt To Asset Ratio--0.7360.7360%0.705+4%0.718+2%0.715+3%0.683+8%
Debt To Equity Ratio--4.5974.5970%3.755+22%4.077+13%4.040+14%3.425+34%
Dividend Per Share--0.3700.3700%0.620-40%0.480-23%0.442-16%0.411-10%
Enterprise Value--1787448575.6001787448575.6000%14514928346.000-88%13040746705.867-86%10893230039.120-84%6502204198.760-73%
Eps--0.2370.2370%0.612-61%0.559-58%0.584-59%0.495-52%
Ev To Ebitda Ratio--1.1551.1550%7.984-86%7.066-84%6.136-81%4.048-71%
Ev To Sales Ratio--0.2040.2040%1.529-87%1.384-85%1.196-83%0.787-74%
Free Cash Flow Per Share---0.170-0.1700%0.613-128%-0.122-29%0.225-176%0.388-144%
Free Cash Flow To Equity Per Share--0.0280.0280%-0.080+383%-0.012+144%0.035-18%0.071-60%
Gross Profit Margin--0.3710.3710%0.683-46%0.621-40%0.710-48%0.712-48%
Intrinsic Value_10Y_max--2.550----------
Intrinsic Value_10Y_min---14.289----------
Intrinsic Value_1Y_max--0.361----------
Intrinsic Value_1Y_min---0.457----------
Intrinsic Value_3Y_max--1.003----------
Intrinsic Value_3Y_min---2.225----------
Intrinsic Value_5Y_max--1.549----------
Intrinsic Value_5Y_min---4.914----------
Market Cap7062081068.800-40%9914974745.6009914974745.6000%21513625000.000-54%20531481165.200-52%17428206579.120-43%11914723714.560-17%
Net Profit Margin--0.0250.0250%0.060-58%0.056-55%0.070-64%0.071-64%
Operating Margin--0.0920.0920%0.123-25%0.120-23%0.123-25%0.128-28%
Operating Ratio--0.9080.9080%0.9110%0.904+0%0.907+0%0.890+2%
Pb Ratio2.203-40%3.0933.0930%6.556-53%6.302-51%5.809-47%4.152-26%
Pe Ratio31.912-40%44.80344.8030%37.574+19%40.435+11%32.354+38%24.855+80%
Price Per Share7.550-40%10.60010.6000%23.000-54%21.950-52%18.630-43%12.650-16%
Price To Free Cash Flow Ratio-44.353+29%-62.270-62.2700%37.511-266%-21.562-65%-1.869-97%16.061-488%
Price To Total Gains Ratio26.123-40%36.67536.6750%35.685+3%33.601+9%30.656+20%22.444+63%
Quick Ratio--0.4280.4280%0.376+14%0.454-6%0.507-16%0.581-26%
Return On Assets--0.0180.0180%0.051-65%0.046-60%0.060-70%0.060-70%
Return On Equity--0.1140.1140%0.274-58%0.253-55%0.336-66%0.297-62%
Total Gains Per Share--0.2890.2890%0.645-55%0.689-58%0.617-53%0.753-62%
Usd Book Value--99065333.96799065333.9670%101405800.361-2%100386310.769-1%90185769.359+10%84669528.975+17%
Usd Book Value Change Per Share---0.003-0.0030%0.001-426%0.006-139%0.005-146%0.011-124%
Usd Book Value Per Share--0.1060.1060%0.108-2%0.107-1%0.096+10%0.089+18%
Usd Dividend Per Share--0.0110.0110%0.019-40%0.015-23%0.014-16%0.013-10%
Usd Enterprise Value--55232160.98655232160.9860%448511285.891-88%402959073.211-86%336600808.209-84%200918109.742-73%
Usd Eps--0.0070.0070%0.019-61%0.017-58%0.018-59%0.015-52%
Usd Free Cash Flow---4920081.484-4920081.4840%17722177.054-128%-3514529.517-29%6513025.232-176%11430802.494-143%
Usd Free Cash Flow Per Share---0.005-0.0050%0.019-128%-0.004-29%0.007-176%0.012-144%
Usd Free Cash Flow To Equity Per Share--0.0010.0010%-0.002+383%0.000+144%0.001-18%0.002-60%
Usd Market Cap218218305.026-40%306372719.639306372719.6390%664771012.500-54%634422768.005-52%538531583.295-43%368164962.780-17%
Usd Price Per Share0.233-40%0.3280.3280%0.711-54%0.678-52%0.576-43%0.391-16%
Usd Profit--6838211.5306838211.5300%17692125.383-61%16158239.824-58%18153128.891-62%15964734.833-57%
Usd Revenue--270910749.793270910749.7930%293288797.696-8%285206113.119-5%265705832.053+2%230395981.414+18%
Usd Total Gains Per Share--0.0090.0090%0.020-55%0.021-58%0.019-53%0.023-62%
 EOD+3 -5MRQTTM+0 -0YOY+8 -323Y+6 -345Y+8 -3210Y+8 -32

3.3 Fundamental Score

Let's check the fundamental score of Forth Corporation Public Company Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1531.912
Price to Book Ratio (EOD)Between0-12.203
Net Profit Margin (MRQ)Greater than00.025
Operating Margin (MRQ)Greater than00.092
Quick Ratio (MRQ)Greater than10.428
Current Ratio (MRQ)Greater than10.814
Debt to Asset Ratio (MRQ)Less than10.736
Debt to Equity Ratio (MRQ)Less than14.597
Return on Equity (MRQ)Greater than0.150.114
Return on Assets (MRQ)Greater than0.050.018
Total3/10 (30.0%)

3.4 Technical Score

Let's check the technical score of Forth Corporation Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.450
Ma 20Greater thanMa 507.873
Ma 50Greater thanMa 1008.677
Ma 100Greater thanMa 2008.120
OpenGreater thanClose7.400
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About Forth Corporation Public Company Limited

Forth Corporation Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of electronic equipment in Thailand, Netherlands, United States of America, and internationally. It operates through three segments: Electronics Manufacturing Service Business; Enterprise Solutions Business; and Smart Service Business. It offers Forth Taglock EM, a tracking device made for prisoners; nurse call systems; GPS devices and GPS tracking systems; lighting system solutions; smart traffic light systems; smart grids; multi-service access network telephone exchange equipment; EV charging stations; smart meter systems, including digital meters that show energy/water consumptions digitally, as well as smart software, which pulls data from meters automatically; and small gas station and oil vending machines. The company also provides top-up and payment kiosks; Boonterm Counter Service that has a touch screen with a data acquisition system that helps monitor usage and print receipts backwards; Boonterm water dispensers; automated cup beverage vending machines; smart vending machines; and KODIAK, a high performance aircraft, as well as operates commercial aircraft maintenance center. In addition, it engages in the trading of electronic parts, lamps, and lighting equipment; sale and installation of light boards and traffic systems; provision of consulting service for information management and computer software management, as well as engineering services; sale of aircraft, aircraft hangar and maintenance business, and flight training; electronic commerce business; and turnkey on installation of CCTV. Additionally, the company offers nano finance and personal loan services; and provides services related to airport electrical system and underground power transmission systems. The company was founded in 1989 and is headquartered in Bangkok, Thailand.

Fundamental data was last updated by Penke on 2025-06-29 11:25:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Forth earns for each ฿1 of revenue.

  • Above 10% is considered healthy but always compare Forth to the Conglomerates industry mean.
  • A Net Profit Margin of 2.5% means that ฿0.03 for each ฿1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Forth Corporation Public Company Limited:

  • The MRQ is 2.5%. The company is making a profit. +1
  • The TTM is 2.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM2.5%0.0%
TTM2.5%YOY6.0%-3.5%
TTM2.5%5Y7.0%-4.4%
5Y7.0%10Y7.1%-0.1%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%3.5%-1.0%
TTM2.5%3.6%-1.1%
YOY6.0%4.0%+2.0%
3Y5.6%3.9%+1.7%
5Y7.0%3.8%+3.2%
10Y7.1%3.6%+3.5%
4.3.1.2. Return on Assets

Shows how efficient Forth is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Forth to the Conglomerates industry mean.
  • 1.8% Return on Assets means that Forth generated ฿0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Forth Corporation Public Company Limited:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.8%0.0%
TTM1.8%YOY5.1%-3.3%
TTM1.8%5Y6.0%-4.2%
5Y6.0%10Y6.0%0.0%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%0.6%+1.2%
TTM1.8%0.6%+1.2%
YOY5.1%0.8%+4.3%
3Y4.6%0.7%+3.9%
5Y6.0%0.7%+5.3%
10Y6.0%0.8%+5.2%
4.3.1.3. Return on Equity

Shows how efficient Forth is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Forth to the Conglomerates industry mean.
  • 11.4% Return on Equity means Forth generated ฿0.11 for each ฿1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Forth Corporation Public Company Limited:

  • The MRQ is 11.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.4%TTM11.4%0.0%
TTM11.4%YOY27.4%-16.0%
TTM11.4%5Y33.6%-22.3%
5Y33.6%10Y29.7%+4.0%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ11.4%1.7%+9.7%
TTM11.4%1.8%+9.6%
YOY27.4%1.9%+25.5%
3Y25.3%2.3%+23.0%
5Y33.6%2.4%+31.2%
10Y29.7%2.4%+27.3%
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4.3.2. Operating Efficiency of Forth Corporation Public Company Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Forth is operating .

  • Measures how much profit Forth makes for each ฿1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Forth to the Conglomerates industry mean.
  • An Operating Margin of 9.2% means the company generated ฿0.09  for each ฿1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Forth Corporation Public Company Limited:

  • The MRQ is 9.2%. The company is operating less efficient.
  • The TTM is 9.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.2%TTM9.2%0.0%
TTM9.2%YOY12.3%-3.1%
TTM9.2%5Y12.3%-3.1%
5Y12.3%10Y12.8%-0.5%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%7.7%+1.5%
TTM9.2%6.8%+2.4%
YOY12.3%4.4%+7.9%
3Y12.0%3.9%+8.1%
5Y12.3%4.7%+7.6%
10Y12.8%5.0%+7.8%
4.3.2.2. Operating Ratio

Measures how efficient Forth is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Conglomerates industry mean).
  • An Operation Ratio of 0.91 means that the operating costs are ฿0.91 for each ฿1 in net sales.

Let's take a look of the Operating Ratio trends of Forth Corporation Public Company Limited:

  • The MRQ is 0.908. The company is less efficient in keeping operating costs low.
  • The TTM is 0.908. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.908TTM0.9080.000
TTM0.908YOY0.911-0.003
TTM0.9085Y0.907+0.002
5Y0.90710Y0.890+0.016
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9081.522-0.614
TTM0.9081.446-0.538
YOY0.9111.114-0.203
3Y0.9041.226-0.322
5Y0.9071.154-0.247
10Y0.8901.058-0.168
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4.4.3. Liquidity of Forth Corporation Public Company Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Forth is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
  • A Current Ratio of 0.81 means the company has ฿0.81 in assets for each ฿1 in short-term debts.

Let's take a look of the Current Ratio trends of Forth Corporation Public Company Limited:

  • The MRQ is 0.814. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.814. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.814TTM0.8140.000
TTM0.814YOY0.873-0.058
TTM0.8145Y0.892-0.077
5Y0.89210Y0.939-0.048
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8141.522-0.708
TTM0.8141.518-0.704
YOY0.8731.538-0.665
3Y0.8671.512-0.645
5Y0.8921.566-0.674
10Y0.9391.514-0.575
4.4.3.2. Quick Ratio

Measures if Forth is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Forth to the Conglomerates industry mean.
  • A Quick Ratio of 0.43 means the company can pay off ฿0.43 for each ฿1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Forth Corporation Public Company Limited:

  • The MRQ is 0.428. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.428. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.428TTM0.4280.000
TTM0.428YOY0.376+0.052
TTM0.4285Y0.507-0.079
5Y0.50710Y0.581-0.074
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4280.597-0.169
TTM0.4280.637-0.209
YOY0.3760.776-0.400
3Y0.4540.764-0.310
5Y0.5070.839-0.332
10Y0.5810.873-0.292
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4.5.4. Solvency of Forth Corporation Public Company Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Forth assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Forth to Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.74 means that Forth assets are financed with 73.6% credit (debt) and the remaining percentage (100% - 73.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Forth Corporation Public Company Limited:

  • The MRQ is 0.736. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.736. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.736TTM0.7360.000
TTM0.736YOY0.705+0.031
TTM0.7365Y0.715+0.021
5Y0.71510Y0.683+0.031
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7360.538+0.198
TTM0.7360.538+0.198
YOY0.7050.545+0.160
3Y0.7180.552+0.166
5Y0.7150.556+0.159
10Y0.6830.572+0.111
4.5.4.2. Debt to Equity Ratio

Measures if Forth is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Forth to the Conglomerates industry mean.
  • A Debt to Equity ratio of 459.7% means that company has ฿4.60 debt for each ฿1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Forth Corporation Public Company Limited:

  • The MRQ is 4.597. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.597. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.597TTM4.5970.000
TTM4.597YOY3.755+0.843
TTM4.5975Y4.040+0.557
5Y4.04010Y3.425+0.615
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5971.274+3.323
TTM4.5971.269+3.328
YOY3.7551.347+2.408
3Y4.0771.408+2.669
5Y4.0401.581+2.459
10Y3.4251.574+1.851
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ฿1 in earnings Forth generates.

  • Above 15 is considered overpriced but always compare Forth to the Conglomerates industry mean.
  • A PE ratio of 44.80 means the investor is paying ฿44.80 for every ฿1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Forth Corporation Public Company Limited:

  • The EOD is 31.912. Based on the earnings, the company is overpriced. -1
  • The MRQ is 44.803. Based on the earnings, the company is overpriced. -1
  • The TTM is 44.803. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD31.912MRQ44.803-12.891
MRQ44.803TTM44.8030.000
TTM44.803YOY37.574+7.229
TTM44.8035Y32.354+12.449
5Y32.35410Y24.855+7.499
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD31.9129.546+22.366
MRQ44.8039.084+35.719
TTM44.8039.161+35.642
YOY37.5748.214+29.360
3Y40.4359.082+31.353
5Y32.3546.850+25.504
10Y24.85510.616+14.239
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Forth Corporation Public Company Limited:

  • The EOD is -44.353. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -62.270. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -62.270. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-44.353MRQ-62.270+17.917
MRQ-62.270TTM-62.2700.000
TTM-62.270YOY37.511-99.781
TTM-62.2705Y-1.869-60.401
5Y-1.86910Y16.061-17.930
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD-44.3532.418-46.771
MRQ-62.2702.175-64.445
TTM-62.2700.806-63.076
YOY37.5112.120+35.391
3Y-21.5620.447-22.009
5Y-1.8691.539-3.408
10Y16.0610.913+15.148
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Forth is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Conglomerates industry mean).
  • A PB ratio of 3.09 means the investor is paying ฿3.09 for each ฿1 in book value.

Let's take a look of the Price to Book Ratio trends of Forth Corporation Public Company Limited:

  • The EOD is 2.203. Based on the equity, the company is underpriced. +1
  • The MRQ is 3.093. Based on the equity, the company is fair priced.
  • The TTM is 3.093. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD2.203MRQ3.093-0.890
MRQ3.093TTM3.0930.000
TTM3.093YOY6.556-3.463
TTM3.0935Y5.809-2.716
5Y5.80910Y4.152+1.657
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD2.2030.876+1.327
MRQ3.0930.887+2.206
TTM3.0930.916+2.177
YOY6.5560.892+5.664
3Y6.3020.926+5.376
5Y5.8090.961+4.848
10Y4.1521.079+3.073
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-12-31. Currency in THB. All numbers in thousands.

Summary
Total Assets12,137,540
Total Liabilities8,931,542
Total Stockholder Equity1,942,779
 As reported
Total Liabilities 8,931,542
Total Stockholder Equity+ 1,942,779
Total Assets = 12,137,540

Assets

Total Assets12,137,540
Total Current Assets6,364,601
Long-term Assets5,772,939
Total Current Assets
Cash And Cash Equivalents 804,016
Net Receivables 2,540,678
Inventory 1,922,439
Other Current Assets 1,097,468
Total Current Assets  (as reported)6,364,601
Total Current Assets  (calculated)6,364,601
+/-0
Long-term Assets
Property Plant Equipment 4,018,147
Long Term Investments 102,442
Intangible Assets 94,970
Long-term Assets Other 1,202,693
Long-term Assets  (as reported)5,772,939
Long-term Assets  (calculated)5,418,252
+/- 354,687

Liabilities & Shareholders' Equity

Total Current Liabilities7,814,421
Long-term Liabilities1,117,122
Total Stockholder Equity1,942,779
Total Current Liabilities
Short-term Debt 4,710,229
Short Long Term Debt 4,646,931
Accounts payable 1,199,632
Other Current Liabilities 918,476
Total Current Liabilities  (as reported)7,814,421
Total Current Liabilities  (calculated)11,475,268
+/- 3,660,848
Long-term Liabilities
Long term Debt 620,870
Capital Lease Obligations 191,487
Long-term Liabilities Other 155,888
Long-term Liabilities  (as reported)1,117,122
Long-term Liabilities  (calculated)968,246
+/- 148,876
Total Stockholder Equity
Common Stock467,687
Retained Earnings 1,026,199
Accumulated Other Comprehensive Income 48,000
Other Stockholders Equity 400,893
Total Stockholder Equity (as reported)1,942,779
Total Stockholder Equity (calculated)1,942,779
+/-0
Other
Capital Stock467,687
Cash and Short Term Investments 804,016
Common Stock Shares Outstanding 781,850
Current Deferred Revenue904,911
Liabilities and Stockholders Equity 12,137,540
Net Debt 4,655,273
Net Invested Capital 7,210,580
Net Working Capital -1,449,820
Property Plant and Equipment Gross 8,980,525
Short Long Term Debt Total 5,459,289



6.2. Balance Sheets Structured

Currency in THB. All numbers in thousands.

 Trend2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-31
> Total Assets 
1,799,920
2,239,565
3,694,352
4,218,900
5,425,555
6,451,873
5,496,134
4,448,041
4,653,569
6,322,729
5,973,807
6,869,460
8,148,839
8,870,368
7,617,017
7,822,374
8,817,615
11,385,473
11,122,439
12,137,540
12,137,54011,122,43911,385,4738,817,6157,822,3747,617,0178,870,3688,148,8396,869,4605,973,8076,322,7294,653,5694,448,0415,496,1346,451,8735,425,5554,218,9003,694,3522,239,5651,799,920
   > Total Current Assets 
0
1,384,619
2,878,169
3,431,499
4,614,379
5,557,794
4,602,122
3,487,827
3,394,249
4,576,402
3,810,822
3,932,414
4,490,691
5,310,550
4,115,165
4,309,333
5,807,677
6,758,510
5,479,772
6,364,601
6,364,6015,479,7726,758,5105,807,6774,309,3334,115,1655,310,5504,490,6913,932,4143,810,8224,576,4023,394,2493,487,8274,602,1225,557,7944,614,3793,431,4992,878,1691,384,6190
       Cash And Cash Equivalents 
79,002
78,530
36,146
45,370
65,561
110,862
134,617
217,519
202,432
193,947
366,309
428,128
998,630
696,327
681,811
740,575
849,507
780,988
842,002
804,016
804,016842,002780,988849,507740,575681,811696,327998,630428,128366,309193,947202,432217,519134,617110,86265,56145,37036,14678,53079,002
       Short-term Investments 
0
0
0
0
0
0
6,500
0
0
385,000
0
0
0
0
50,000
305
0
0
-679,751
0
0-679,7510030550,0000000385,000006,500000000
       Net Receivables 
354,945
456,054
1,886,433
1,530,466
3,026,380
3,359,461
3,173,761
2,325,531
2,201,844
2,390,231
2,054,110
1,877,039
1,996,787
3,322,301
2,101,131
1,984,575
2,828,255
3,351,108
2,196,333
2,540,678
2,540,6782,196,3333,351,1082,828,2551,984,5752,101,1313,322,3011,996,7871,877,0392,054,1102,390,2312,201,8442,325,5313,173,7613,359,4613,026,3801,530,4661,886,433456,054354,945
       Other Current Assets 
41,765
205,623
163,287
603,501
166,575
340,021
260,806
229,732
311,739
500,070
423,144
461,974
391,453
324,197
264,371
313,886
1,478,218
323,984
226,751
1,097,468
1,097,468226,751323,9841,478,218313,886264,371324,197391,453461,974423,144500,070311,739229,732260,806340,021166,575603,501163,287205,62341,765
   > Long-term Assets 
0
854,945
816,183
787,400
811,176
894,079
894,012
960,214
1,259,319
1,746,327
2,162,985
2,937,047
3,658,148
3,559,818
3,501,852
3,513,040
3,009,939
4,626,963
5,642,668
5,772,939
5,772,9395,642,6684,626,9633,009,9393,513,0403,501,8523,559,8183,658,1482,937,0472,162,9851,746,3271,259,319960,214894,012894,079811,176787,400816,183854,9450
       Property Plant Equipment 
519,811
551,606
607,234
617,942
647,832
715,063
769,027
837,042
985,987
1,447,563
1,851,546
2,570,564
3,151,541
2,942,237
2,809,031
2,645,708
2,253,928
3,424,652
4,342,197
4,018,147
4,018,1474,342,1973,424,6522,253,9282,645,7082,809,0312,942,2373,151,5412,570,5641,851,5461,447,563985,987837,042769,027715,063647,832617,942607,234551,606519,811
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
49,128
50,886
38,700
51,360
68,235
63,616
64,616
47,194
72,323
78,075
64,956
102,442
102,44264,95678,07572,32347,19464,61663,61668,23551,36038,70050,88649,12800000000
       Intangible Assets 
214,928
221,757
189,096
154,955
129,281
112,930
71,162
43,035
37,112
33,677
39,810
56,631
84,795
121,342
127,609
114,268
112,549
116,237
100,743
94,970
94,970100,743116,237112,549114,268127,609121,34284,79556,63139,81033,67737,11243,03571,162112,930129,281154,955189,096221,757214,928
       Long-term Assets Other 
0
291,731
202,118
5,584
27,261
36,811
91,706
15,955
26,256
57,861
44,099
21,247
69,523
158,707
214,842
438,958
313,618
706,551
795,660
1,202,693
1,202,693795,660706,551313,618438,958214,842158,70769,52321,24744,09957,86126,25615,95591,70636,81127,2615,584202,118291,7310
> Total Liabilities 
1,309,537
1,110,130
2,501,804
3,170,774
4,294,822
5,129,085
4,066,172
2,993,289
2,957,108
4,027,690
3,467,519
4,240,124
5,429,061
6,363,884
5,170,929
5,594,162
6,198,904
8,126,968
7,840,698
8,931,542
8,931,5427,840,6988,126,9686,198,9045,594,1625,170,9296,363,8845,429,0614,240,1243,467,5194,027,6902,957,1082,993,2894,066,1725,129,0854,294,8223,170,7742,501,8041,110,1301,309,537
   > Total Current Liabilities 
1,258,646
1,065,936
2,464,402
3,071,674
4,231,434
4,960,090
3,961,680
2,862,434
2,701,709
3,669,235
3,184,498
3,672,893
4,810,035
5,903,276
4,919,823
5,136,446
5,708,060
7,393,530
6,279,573
7,814,421
7,814,4216,279,5737,393,5305,708,0605,136,4464,919,8235,903,2764,810,0353,672,8933,184,4983,669,2352,701,7092,862,4343,961,6804,960,0904,231,4343,071,6742,464,4021,065,9361,258,646
       Short-term Debt 
0
640,730
1,061,513
1,608,607
1,591,015
2,812,776
3,143,297
1,932,691
1,853,393
2,071,270
1,861,199
1,918,495
2,831,544
3,541,795
2,963,253
2,820,902
3,104,873
4,088,273
3,552,538
4,710,229
4,710,2293,552,5384,088,2733,104,8732,820,9022,963,2533,541,7952,831,5441,918,4951,861,1992,071,2701,853,3931,932,6913,143,2972,812,7761,591,0151,608,6071,061,513640,7300
       Short Long Term Debt 
0
0
0
0
0
0
0
0
2,081,568
245,643
217,040
1,918,495
2,831,544
3,541,796
2,963,253
2,802,831
3,081,947
4,044,277
2,404,994
4,646,931
4,646,9312,404,9944,044,2773,081,9472,802,8312,963,2533,541,7962,831,5441,918,495217,040245,6432,081,56800000000
       Accounts payable 
379,082
313,801
1,337,435
1,267,081
2,489,543
1,984,961
560,360
626,003
433,263
791,248
490,756
735,336
683,306
993,299
1,133,146
1,231,479
1,673,008
1,898,498
1,336,100
1,199,632
1,199,6321,336,1001,898,4981,673,0081,231,4791,133,146993,299683,306735,336490,756791,248433,263626,003560,3601,984,9612,489,5431,267,0811,337,435313,801379,082
       Other Current Liabilities 
154,852
54,678
55,894
184,002
141,889
144,323
248,004
297,107
402,305
788,959
766,656
998,303
1,274,371
1,334,080
620,437
668,055
570,435
947,786
915,586
918,476
918,476915,586947,786570,435668,055620,4371,334,0801,274,371998,303766,656788,959402,305297,107248,004144,323141,889184,00255,89454,678154,852
   > Long-term Liabilities 
0
44,194
37,402
99,100
63,388
168,995
104,492
130,856
255,399
358,455
283,021
567,230
619,026
460,608
251,106
457,716
490,844
733,439
1,561,125
1,117,122
1,117,1221,561,125733,439490,844457,716251,106460,608619,026567,230283,021358,455255,399130,856104,492168,99563,38899,10037,40244,1940
       Other Liabilities 
0
0
0
0
0
0
9,147
11,826
14,918
28,133
36,148
51,066
61,547
86,401
134,411
164,925
166,868
155,617
0
0
00155,617166,868164,925134,41186,40161,54751,06636,14828,13314,91811,8269,147000000
> Total Stockholder Equity
490,383
1,129,435
1,192,548
1,047,630
1,120,021
1,322,788
1,428,133
1,369,191
1,551,994
1,748,772
1,920,614
1,957,577
1,894,522
1,684,880
1,506,850
1,292,389
1,702,830
2,094,839
2,088,183
1,942,779
1,942,7792,088,1832,094,8391,702,8301,292,3891,506,8501,684,8801,894,5221,957,5771,920,6141,748,7721,551,9941,369,1911,428,1331,322,7881,120,0211,047,6301,192,5481,129,435490,383
   Common Stock
386,100
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
480,000
467,687
467,687
467,687467,687480,000480,000480,000480,000480,000480,000480,000480,000480,000480,000480,000480,000480,000480,000480,000480,000480,000386,100
   Retained Earnings 
104,283
245,986
309,099
205,072
277,463
480,230
585,575
474,594
698,289
706,183
878,025
865,766
1,010,935
799,981
619,847
405,998
819,529
1,167,872
1,422,582
1,026,199
1,026,1991,422,5821,167,872819,529405,998619,847799,9811,010,935865,766878,025706,183698,289474,594585,575480,230277,463205,072309,099245,986104,283
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
0
403,449
362,558
842,558
426,071
443,375
451,449
203,465
414,596
514,589
362,558
362,558
362,558
362,558
325,722
210,352
210,352
210,352
362,558
400,893
400,893362,558210,352210,352210,352325,722362,558362,558362,558362,558514,589414,596203,465451,449443,375426,071842,558362,558403,4490



6.3. Balance Sheets

Currency in THB. All numbers in thousands.




6.4. Cash Flows

Currency in THB. All numbers in thousands.




6.5. Income Statements

Currency in THB. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in THB. All numbers in thousands.

Gross Profit (+$)
totalRevenue8,767,338
Cost of Revenue-6,890,665
Gross Profit1,876,6741,876,674
 
Operating Income (+$)
Gross Profit1,876,674
Operating Expense-1,071,988
Operating Income804,686804,686
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,314,873
Selling And Marketing Expenses139,199
Operating Expense1,071,9881,454,073
 
Net Interest Income (+$)
Interest Income134,828
Interest Expense-203,597
Other Finance Cost-0
Net Interest Income-68,769
 
Pretax Income (+$)
Operating Income804,686
Net Interest Income-68,769
Other Non-Operating Income Expenses0
Income Before Tax (EBT)604,9431,004,429
EBIT - interestExpense = 604,943
377,898
424,899
Interest Expense203,597
Earnings Before Interest and Taxes (EBIT)808,540808,540
Earnings Before Interest and Taxes (EBITDA)1,547,491
 
After tax Income (+$)
Income Before Tax604,943
Tax Provision-156,596
Net Income From Continuing Ops448,346448,346
Net Income221,301
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses7,962,653
Total Other Income/Expenses Net-199,74368,769
 

Technical Analysis of Forth
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Forth. The general trend of Forth is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Forth's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Forth Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Forth Corporation Public Company Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 8.8 < 9.1 < 10.30.

The bearish price targets are: 7 > 6.05.

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Forth Corporation Public Company Limited Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Forth Corporation Public Company Limited. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Forth Corporation Public Company Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Forth Corporation Public Company Limited. The current macd is -0.3770436.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Forth price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Forth. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Forth price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Forth Corporation Public Company Limited Daily Moving Average Convergence/Divergence (MACD) ChartForth Corporation Public Company Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Forth Corporation Public Company Limited. The current adx is 27.41.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Forth shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Forth Corporation Public Company Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Forth Corporation Public Company Limited. The current sar is 7.009.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Forth Corporation Public Company Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Forth Corporation Public Company Limited. The current rsi is 38.45. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Forth Corporation Public Company Limited Daily Relative Strength Index (RSI) ChartForth Corporation Public Company Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Forth Corporation Public Company Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Forth price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Forth Corporation Public Company Limited Daily Stochastic Oscillator ChartForth Corporation Public Company Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Forth Corporation Public Company Limited. The current cci is -50.77457737.

Forth Corporation Public Company Limited Daily Commodity Channel Index (CCI) ChartForth Corporation Public Company Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Forth Corporation Public Company Limited. The current cmo is -16.55401279.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Forth Corporation Public Company Limited Daily Chande Momentum Oscillator (CMO) ChartForth Corporation Public Company Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Forth Corporation Public Company Limited. The current willr is -69.44444444.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Forth is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Forth Corporation Public Company Limited Daily Williams %R ChartForth Corporation Public Company Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Forth Corporation Public Company Limited.

Forth Corporation Public Company Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Forth Corporation Public Company Limited. The current atr is 0.31136244.

Forth Corporation Public Company Limited Daily Average True Range (ATR) ChartForth Corporation Public Company Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Forth Corporation Public Company Limited. The current obv is -28,771,205.

Forth Corporation Public Company Limited Daily On-Balance Volume (OBV) ChartForth Corporation Public Company Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Forth Corporation Public Company Limited. The current mfi is 15.31.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Forth Corporation Public Company Limited Daily Money Flow Index (MFI) ChartForth Corporation Public Company Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Forth Corporation Public Company Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-02-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-03-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-04-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-05-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-05-14STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2025-05-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-10STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-16STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside

6.3. Candlestick Patterns

Forth Corporation Public Company Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Forth Corporation Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.450
Ma 20Greater thanMa 507.873
Ma 50Greater thanMa 1008.677
Ma 100Greater thanMa 2008.120
OpenGreater thanClose7.400
Total1/5 (20.0%)
Penke
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