Valuation Forth Smart Service

Stocks

End-of-day quote Thailand S.E. 17/09/2026			5-day change	1st Jan Change
6.700 ^THB	+0.75%		-3.60%	+3.08%

08-31	Forth Smart Service Public Company Limited Announces Management Changes, Effective August 31, 2026	CI
08-17	Forth Smart Service Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2022	2024	2025	2026	2027
Market Cap ¹	9,716	6,063	4,895	5,046	-
Change	-	-	-19.25%	3.08%	-
Enterprise Value (EV)	9,716	6,063	5,335	5,046	5,046
Change	-	-	-12.01%	-5.41%	0%
P/E	32.3x	14.1x	8.33x	7.61x	7.28x
PBR	-	-	2.81x	-	-
PEG	-	-	0.2x	0.6x	1.6x
Capitalization / Revenue	-	-	1.95x	1.94x	1.85x
EV / Revenue	-	-	0x	1.94x	1.85x
EV / EBITDA	-	-	0x	4.96x	4.69x
EV / EBIT	-	-	-	-	-
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Dividend per Share ²	-	-	0.38	0.39	0.41
Rate of return	-	-	5.85%	5.82%	6.12%
EPS ²	0.4	0.57	0.78	0.88	0.92
Distribution rate	-	-	48.7%	44.3%	44.6%
Net sales ¹	-	-	2,507	2,595	2,721
EBITDA ¹	-	-	932.7	1,017	1,077
EBIT	-	-	566.3	-	-
Net income ¹	301.9	430.4	586.8	660	694
Net Debt	-	-	439.4	-	-
Reference price ²	12.900	8.050	6.500	6.700	6.700
Nbr of stocks (in thousands)	753,141	753,141	753,141	753,141	-
Announcement Date	24/02/23	28/02/25	26/02/26	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
FORTH SMART SERVICE	7.56x	-	-	5.86%	151M
VISA, INC.	29.61x	15.09x	21.44x	0.73%	681B
BLOCK, INC.	46.52x	1.72x	9.65x	-.--%	46.32B
PAYPAL HOLDINGS, INC.	10.36x	1.38x	7.11x	1.06%	45.09B
CORPAY, INC.	20.17x	6.16x	11.74x	-.--%	26.41B
FISERV, INC.	10.46x	2.66x	6.41x	-.--%	26.3B
GLOBAL PAYMENTS INC.	-20.42x	3.29x	7.03x	1.19%	22.89B
PAYPAY CORPORATION	22.29x	6.87x	21.22x	-.--%	11.96B
ONE97 COMMUNICATIONS LIMITED	88.81x	9.43x	84.06x	-.--%	11.95B
EDENRED SE	15.95x	2.7x	6.38x	4.84%	7.78B
Average	23.13x	5.48x	19.45x	1.37%	87.97B
Weighted average by Cap.	27.93x	12.44x	19.68x	0.69%