Forth Public EBITDA vs. Current Valuation
| FORTH Stock | THB 10.90 0.50 4.39% |
For Forth Public profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Forth Public to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Forth Public utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Forth Public's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Forth Public over time as well as its relative position and ranking within its peers.
Forth |
Forth Public Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Forth Public's current stock value. Our valuation model uses many indicators to compare Forth Public value to that of its competitors to determine the firm's financial worth. Forth Public is one of the top stocks in ebitda category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 21.07 of Current Valuation per EBITDA. Comparative valuation analysis is a catch-all model that can be used if you cannot value Forth Public by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Forth Public's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Forth Current Valuation vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Forth Public |
| = | 1.68 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Forth Public |
| = | 35.32 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Forth Current Valuation vs Competition
Forth Public is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 111.09 Billion. Forth Public totals roughly 35.32 Billion in current valuation claiming about 32% of equities under Information Technology industry.
Forth Public Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Forth Public, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Forth Public will eventually generate negative long term returns. The profitability progress is the general direction of Forth Public's change in net profit over the period of time. It can combine multiple indicators of Forth Public, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Forth Corporation Public Company Limited, together with its subsidiaries, manufactures and distributes telecommunication and electronic equipment, and assembly electronic parts primarily in Thailand. Forth Corporation Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand. FORTH CORPORATION operates under Electronic Components classification in Thailand and is traded on Stock Exchange of Thailand.
Forth Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Forth Public. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Forth Public position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Forth Public's important profitability drivers and their relationship over time.
Use Forth Public in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forth Public position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forth Public will appreciate offsetting losses from the drop in the long position's value.Forth Public Pair Trading
Forth Public Pair Trading Analysis
The ability to find closely correlated positions to Forth Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forth Public when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forth Public - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forth Public to buy it.
The correlation of Forth Public is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forth Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forth Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forth Public can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Forth Public position
In addition to having Forth Public in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Latest Losers Thematic Idea Now
Latest Losers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Losers theme has 222 constituents at this time.
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Other Information on Investing in Forth Stock
To fully project Forth Public's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Forth Public at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Forth Public's income statement, its balance sheet, and the statement of cash flows.