Forward Industries, Inc. (FORD)
Total Valuation
FORD has a market cap or net worth of $6.11 million. The enterprise value is $7.08 million.
Market Cap | 6.11M |
Enterprise Value | 7.08M |
Important Dates
The next estimated earnings date is Friday, May 10, 2024, after market close.
Earnings Date | May 10, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
FORD has 10.06 million shares outstanding.
Shares Outstanding | 10.06M |
Shares Change (YoY) | n/a |
Shares Change (QoQ) | n/a |
Owned by Insiders (%) | 31.05% |
Owned by Institutions (%) | 13.24% |
Float | 6.40M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 44.44 |
PS Ratio | 0.19 |
Forward PS | n/a |
PB Ratio | 2.64 |
P/FCF Ratio | 5.11 |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 0.21 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | 5.93 |
Financial Position
The company has a current ratio of 0.93, with a Debt / Equity ratio of 1.73.
Current Ratio | 0.93 |
Quick Ratio | 0.85 |
Debt / Equity | 1.73 |
Debt / EBITDA | n/a |
Debt / FCF | 3.35 |
Interest Coverage | -37.22 |
Financial Efficiency
Return on equity (ROE) is -101.60%.
Return on Equity (ROE) | -101.60% |
Return on Assets (ROA) | -20.00% |
Return on Capital (ROIC) | n/a |
Revenue Per Employee | $330,306 |
Profits Per Employee | -$36,606 |
Employee Count | 100 |
Asset Turnover | 1.80 |
Inventory Turnover | 10.98 |
Taxes
In the past 12 months, FORD has paid $20,006 in taxes.
Income Tax | 20,006 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -40.45% in the last 52 weeks. The beta is 0.42, so FORD's price volatility has been lower than the market average.
Beta (1Y) | 0.42 |
52-Week Price Change | -40.45% |
50-Day Moving Average | 0.67 |
200-Day Moving Average | 0.77 |
Relative Strength Index (RSI) | 47.69 |
Average Volume (30 Days) | 31,547 |
Short Selling Information
The latest short interest is 104,516, so 1.04% of the outstanding shares have been sold short.
Short Interest | 104,516 |
Short Previous Month | 110,882 |
Short % of Shares Out | 1.04% |
Short % of Float | 1.63% |
Short Ratio (days to cover) | 4.63 |
Income Statement
In the last 12 months, FORD had revenue of $33.03 million and -$3.66 million in losses. Loss per share was -$0.37.
Revenue | 33.03M |
Gross Profit | 8.09M |
Operating Income | 246,214 |
Pretax Income | -3.64M |
Net Income | -3.66M |
EBITDA | -3.23M |
EBIT | -3.55M |
Loss Per Share | -$0.37 |
Balance Sheet
The company has $3.03 million in cash and $4.00 million in debt, giving a net cash position of -$972,493 or -$0.10 per share.
Cash & Cash Equivalents | 3.03M |
Total Debt | 4.00M |
Net Cash | -972,493 |
Net Cash Per Share | -$0.10 |
Equity / Book Value | 2.31M |
Book Value Per Share | 0.23 |
Working Capital | -812,971 |
Cash Flow
In the last 12 months, operating cash flow was $1.31 million and capital expenditures -$110,485, giving a free cash flow of $1.19 million.
Operating Cash Flow | 1.31M |
Capital Expenditures | -110,485 |
Free Cash Flow | 1.19M |
FCF Per Share | $0.12 |
Margins
Gross margin is 24.49%, with operating and profit margins of 0.75% and -11.08%.
Gross Margin | 24.49% |
Operating Margin | 0.75% |
Pretax Margin | -11.02% |
Profit Margin | -11.08% |
EBITDA Margin | -9.77% |
EBIT Margin | -10.73% |
FCF Margin | 3.62% |
Dividends & Yields
FORD does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | n/a |
Shareholder Yield | n/a |
Earnings Yield | -59.90% |
FCF Yield | 19.55% |
Analyst Forecast
Price Target | n/a |
Price Target Difference | n/a |
Analyst Consensus | n/a |
Analyst Count | n/a |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on December 24, 1997. It was a reverse split with a ratio of 1:2.
Last Split Date | Dec 24, 1997 |
Split Type | Reverse |
Split Ratio | 1:2 |
Scores
FORD has an Altman Z-Score of -0.04 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -0.04 |
Piotroski F-Score | 5 |