Forward Industries, Inc. (FORD)

NASDAQ: FORD · IEX Real-Time Price · USD
0.607
+0.025 (4.31%)
At close: Mar 28, 2024, 3:59 PM
0.562
-0.045 (-7.47%)
After-hours: Mar 28, 2024, 7:53 PM EDT

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
Financial Ratio History

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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