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Forth Smart Service PCL FSMART.BK · THB

Financials · SET · 🇹🇭 Thailand

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6.15

0.00%

Close of 9 Nov 2026, in THB

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in THB, from our data supplier.

FY2025

Revenue, before interest expense

THB 2.17bn

FY2016FY2025

Net income

THB 586.8m

FY2016FY2025

Total assets

THB 3.69bn

FY2016FY2025

Shareholders' equity

THB 1.74bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue, before interest expenseTHB 2.17bnTHB 2.18bnTHB 2.03bnTHB 2.21bnTHB 2.67bnTHB 2.86bnTHB 3.15bnTHB 3.35bnTHB 3.17bnTHB 2.29bn
Operating incomeTHB 233.3mTHB 535.0mTHB 311.7mTHB 338.0mTHB 502.8mTHB 543.8mTHB 702.3mTHB 720.0mTHB 664.2mTHB 509.6m
Net incomeTHB 586.8mTHB 430.4mTHB 299.5mTHB 301.9mTHB 400.1mTHB 464.1mTHB 584.2mTHB 583.1mTHB 542.9mTHB 420.3m
Diluted earnings per share0.780.570.400.400.540.620.760.750.680.53

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 3.69bnTHB 3.29bnTHB 2.74bnTHB 2.83bnTHB 2.94bnTHB 3.45bnTHB 3.52bnTHB 3.92bnTHB 4.26bnTHB 3.18bn
Cash and short-term investmentsTHB 392.1mTHB 242.6mTHB 194.0mTHB 281.8mTHB 363.4mTHB 435.9mTHB 259.3mTHB 283.9mTHB 281.6mTHB 144.4m
Total liabilitiesTHB 1.94bnTHB 2.00bnTHB 1.57bnTHB 1.71bnTHB 1.81bnTHB 2.31bnTHB 2.18bnTHB 2.66bnTHB 2.93bnTHB 2.00bn
DebtTHB 879.8mTHB 926.7mTHB 335.1mTHB 472.4mTHB 489.0mTHB 1.00bnTHB 941.5mTHB 1.24bnTHB 1.51bnTHB 905.9m
Shareholders' equityTHB 1.74bnTHB 1.29bnTHB 1.17bnTHB 1.13bnTHB 1.13bnTHB 1.15bnTHB 1.33bnTHB 1.25bnTHB 1.33bnTHB 1.18bn
Shares outstanding753m755m753m753m736m753m774m780m800m800m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expenseTHB 501.5mTHB 510.6mTHB 522.6mTHB 521.0mTHB 564.2mTHB 566.2mTHB 575.1mTHB 538.1m
Operating incomeTHB 45.7mTHB 50.7mTHB 44.1mTHB 42.2mTHB 192.6mTHB 191.4mTHB 164.7mTHB 137.8m
Net incomeTHB 133.4mTHB 135.5mTHB 138.8mTHB 139.9mTHB 155.3mTHB 152.8mTHB 120.5mTHB 115.1m
Diluted earnings per share0.180.180.180.190.210.200.160.15
Total assetsTHB 3.76bnTHB 3.92bnTHB 3.69bnTHB 3.52bnTHB 3.69bnTHB 3.35bnTHB 3.29bnTHB 3.03bn
Cash and short-term investments—THB 805.0mTHB 392.1mTHB 329.8mTHB 472.0mTHB 225.3mTHB 242.6mTHB 196.1m
DebtTHB 17.9mTHB 938.5mTHB 841.8mTHB 843.3mTHB 987.6mTHB 771.2mTHB 849.6mTHB 729.5m
Shareholders' equityTHB 1.86bnTHB 1.88bnTHB 1.74bnTHB 1.60bnTHB 1.60bnTHB 1.44bnTHB 1.29bnTHB 1.17bn

Financial ratios

Data as of 18 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin10.7%25.8%18.4%15.3%18.8%19.0%
Net margin27.0%19.7%14.7%13.6%15.0%16.2%
Return on equity33.7%33.3%25.6%26.8%35.5%40.4%
Return on assets15.9%13.1%10.9%10.6%13.6%13.4%
Revenue growth-0.3%7.4%-8.3%-17.1%-6.7%-9.1%
Earnings growth36.3%43.7%-0.8%-24.5%-13.8%-20.6%
Current ratio1.14x0.92x0.97x0.82x0.83x0.73x
Debt to equity0.47x0.66x0.20x0.32x0.33x0.75x
Equity ratio47.3%39.2%42.8%39.8%38.4%33.3%
Interest coverage8.09x31.76x30.53x29.66x25.27x17.49x
Buybacks as a share of market value0.3%-0.3%0.0%-2.4%2.3%2.7%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-0.6%-5.3%3.2%
Operating income-11.6%-15.6%-3.7%
Net income24.8%4.8%8.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin17.6%16.5%17.4%19.5%
Net margin23.4%18.8%17.6%17.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings8.314.118.532.222.111.18.57.825.936.7
Price to sales2.32.82.74.43.31.81.61.44.56.7

Dividends and splits

Per share, in the currency the company pays

Paid for 11 years. Last went ex-dividend on 11 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.200.180.410.340.400.560.640.64

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.