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Forward Industries NasdaqCM:FORD Stock Report

Last Price

US$4.49

Market Cap

US$4.9m

7D

-1.1%

1Y

-40.9%

Updated

22 Dec, 2024

Data

Company Financials

Forward Industries, Inc.

NasdaqCM:FORD Stock Report

Market Cap: US$4.9m

FORD Stock Overview

Designs, manufactures, sources, markets, and distributes carry and protective solutions. More details

FORD fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Forward Industries, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Forward Industries
Historical stock prices
Current Share PriceUS$4.49
52 Week HighUS$8.29
52 Week LowUS$0.36
Beta0.45
1 Month Change16.02%
3 Month Change34.03%
1 Year Change-40.92%
3 Year Change-71.94%
5 Year Change-54.82%
Change since IPO-88.78%

Recent News & Updates

Forward Industries, Inc.'s (NASDAQ:FORD) Price Is Right But Growth Is Lacking After Shares Rocket 43%

Oct 05
Forward Industries, Inc.'s (NASDAQ:FORD) Price Is Right But Growth Is Lacking After Shares Rocket 43%

Lacklustre Performance Is Driving Forward Industries, Inc.'s (NASDAQ:FORD) 26% Price Drop

Aug 11
Lacklustre Performance Is Driving Forward Industries, Inc.'s (NASDAQ:FORD) 26% Price Drop

Benign Growth For Forward Industries, Inc. (NASDAQ:FORD) Underpins Stock's 27% Plummet

Jun 20
Benign Growth For Forward Industries, Inc. (NASDAQ:FORD) Underpins Stock's 27% Plummet

Recent updates

Forward Industries, Inc.'s (NASDAQ:FORD) Price Is Right But Growth Is Lacking After Shares Rocket 43%

Oct 05
Forward Industries, Inc.'s (NASDAQ:FORD) Price Is Right But Growth Is Lacking After Shares Rocket 43%

Lacklustre Performance Is Driving Forward Industries, Inc.'s (NASDAQ:FORD) 26% Price Drop

Aug 11
Lacklustre Performance Is Driving Forward Industries, Inc.'s (NASDAQ:FORD) 26% Price Drop

Benign Growth For Forward Industries, Inc. (NASDAQ:FORD) Underpins Stock's 27% Plummet

Jun 20
Benign Growth For Forward Industries, Inc. (NASDAQ:FORD) Underpins Stock's 27% Plummet

Cautious Investors Not Rewarding Forward Industries, Inc.'s (NASDAQ:FORD) Performance Completely

Dec 21
Cautious Investors Not Rewarding Forward Industries, Inc.'s (NASDAQ:FORD) Performance Completely

Forward Industries GAAP EPS of -$0.04, revenue of $10.59M

Aug 10

Forward Industries (NASDAQ:FORD) Could Be Struggling To Allocate Capital

May 26
Forward Industries (NASDAQ:FORD) Could Be Struggling To Allocate Capital

Here's Why Forward Industries, Inc.'s (NASDAQ:FORD) CEO May Not Expect A Pay Rise This Year

Feb 10
Here's Why Forward Industries, Inc.'s (NASDAQ:FORD) CEO May Not Expect A Pay Rise This Year

Is Forward Industries (NASDAQ:FORD) Using Too Much Debt?

Feb 05
Is Forward Industries (NASDAQ:FORD) Using Too Much Debt?

Forward Industries (NASDAQ:FORD) Is Carrying A Fair Bit Of Debt

Oct 06
Forward Industries (NASDAQ:FORD) Is Carrying A Fair Bit Of Debt

Is Forward Industries (NASDAQ:FORD) A Risky Investment?

Jun 17
Is Forward Industries (NASDAQ:FORD) A Risky Investment?

Is Forward Industries (NASDAQ:FORD) A Risky Investment?

Mar 02
Is Forward Industries (NASDAQ:FORD) A Risky Investment?

How Much is Forward Industries' (NASDAQ:FORD) CEO Getting Paid?

Jan 08
How Much is Forward Industries' (NASDAQ:FORD) CEO Getting Paid?

Forward Industries EPS beats by $0.01, beats on revenue

Dec 17

Forward Industries expands its outsourced manufacturing service

Nov 03

Shareholder Returns

FORDUS LuxuryUS Market
7D-1.1%-0.07%-2.4%
1Y-40.9%-7.0%23.4%

Return vs Industry: FORD underperformed the US Luxury industry which returned -7.4% over the past year.

Return vs Market: FORD underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is FORD's price volatile compared to industry and market?
FORD volatility
FORD Average Weekly Movement17.6%
Luxury Industry Average Movement6.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: FORD's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: FORD's weekly volatility has decreased from 127% to 18% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
1961100Terry Wiseforwardindustries.com

Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates in two segments: OEM Distribution and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS location devices, tablets, and firearms.

Forward Industries, Inc. Fundamentals Summary

How do Forward Industries's earnings and revenue compare to its market cap?
FORD fundamental statistics
Market capUS$4.94m
Earnings (TTM)-US$1.07m
Revenue (TTM)US$31.36m

0.2x

P/S Ratio

-4.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FORD income statement (TTM)
RevenueUS$31.36m
Cost of RevenueUS$24.22m
Gross ProfitUS$7.14m
Other ExpensesUS$8.21m
Earnings-US$1.07m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.97
Gross Margin22.77%
Net Profit Margin-3.41%
Debt/Equity Ratio43.1%

How did FORD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:10
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Forward Industries, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anne CrowEdison Investment Research