Forward Industries Statistics
Total Valuation
FWDI has a market cap or net worth of $468.93 million. The enterprise value is $574.15 million.
| Market Cap | 468.93M |
| Enterprise Value | 574.15M |
Important Dates
The next estimated earnings date is Thursday, December 10, 2026, after market close.
| Earnings Date | Dec 10, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
FWDI has 73.85 million shares outstanding. The number of shares has increased by 6,796.57% in one year.
| Current Share Class | 73.85M |
| Shares Outstanding | 73.85M |
| Shares Change (YoY) | +6,796.57% |
| Shares Change (QoQ) | -8.67% |
| Owned by Insiders (%) | 6.01% |
| Owned by Institutions (%) | 60.55% |
| Float | 61.30M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 56.85 |
| PS Ratio | 8.83 |
| Forward PS | 9.99 |
| PB Ratio | 0.99 |
| P/TBV Ratio | 0.99 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 10.81 |
| EV / EBITDA | 56.45 |
| EV / EBIT | 57.31 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.17, with a Debt / Equity ratio of 0.25.
| Current Ratio | 0.17 |
| Quick Ratio | 0.12 |
| Debt / Equity | 0.25 |
| Debt / EBITDA | 11.06 |
| Debt / FCF | n/a |
| Interest Coverage | 16.99 |
Financial Efficiency
Return on equity (ROE) is -461.37% and return on invested capital (ROIC) is 1.72%.
| Return on Equity (ROE) | -461.37% |
| Return on Assets (ROA) | 2.05% |
| Return on Invested Capital (ROIC) | 1.72% |
| Return on Capital Employed (ROCE) | 2.11% |
| Weighted Average Cost of Capital (WACC) | 7.18% |
| Revenue Per Employee | $885,358 |
| Profits Per Employee | -$18.36M |
| Employee Count | 60 |
| Asset Turnover | 0.17 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, FWDI has paid $100,739 in taxes.
| Income Tax | 100,739 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -55.90% in the last 52 weeks. The beta is 0.85, so FWDI's price volatility has been lower than the market average.
| Beta (5Y) | 0.85 |
| 52-Week Price Change | -55.90% |
| 50-Day Moving Average | 7.01 |
| 200-Day Moving Average | 5.30 |
| Relative Strength Index (RSI) | 41.59 |
| Average Volume (20 Days) | 1,653,907 |
Short Selling Information
The latest short interest is 4.07 million, so 5.51% of the outstanding shares have been sold short.
| Short Interest | 4.07M |
| Short Previous Month | 4.60M |
| Short % of Shares Out | 5.51% |
| Short % of Float | 6.64% |
| Short Ratio (days to cover) | 1.74 |
Income Statement
In the last 12 months, FWDI had revenue of $53.12 million and -$1.10 billion in losses. Loss per share was -$14.47.
| Revenue | 53.12M |
| Gross Profit | 37.48M |
| Operating Income | 10.02M |
| Pretax Income | -1.10B |
| Net Income | -1.10B |
| EBITDA | 10.17M |
| EBIT | 10.02M |
| Loss Per Share | -$14.47 |
Balance Sheet
The company has $13.28 million in cash and $118.51 million in debt, with a net cash position of -$105.22 million or -$1.42 per share.
| Cash & Cash Equivalents | 13.28M |
| Total Debt | 118.51M |
| Net Cash | -105.22M |
| Net Cash Per Share | -$1.42 |
| Equity (Book Value) | 474.21M |
| Book Value Per Share | 6.42 |
| Working Capital | -105.65M |
Cash Flow
In the last 12 months, operating cash flow was -$18.38 million and capital expenditures -$3,361, giving a free cash flow of -$18.38 million.
| Operating Cash Flow | -18.38M |
| Capital Expenditures | -3,361 |
| Depreciation & Amortization | 152,450 |
| Net Borrowing | 106.76M |
| Free Cash Flow | -18.38M |
| FCF Per Share | -$0.25 |
Margins
| Gross Margin | 70.56% |
| Operating Margin | 18.86% |
| Pretax Margin | -2,073.66% |
| Profit Margin | n/a |
| EBITDA Margin | 19.15% |
| EBIT Margin | 18.86% |
| FCF Margin | n/a |
Dividends & Yields
FWDI 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 |
| FCF Payout Ratio | n/a |
| Buyback Yield | -6,796.57% |
| Shareholder Yield | -6,796.57% |
| Earnings Yield | -227.83% |
| FCF Yield | -3.92% |
Analyst Forecast
The average price target for FWDI is $11.83, which is 86.30% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $11.83 |
| Price Target Difference | 86.30% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (3Y) | 75.11% |
| EPS Growth Forecast (3Y) | n/a |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | n/a |
| Graham Upside | n/a |
Stock Splits
The last stock split was on June 18, 2024. It was a reverse split with a ratio of 1:10.
| Last Split Date | Jun 18, 2024 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
FWDI has an Altman Z-Score of 0.29 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.29 |
| Piotroski F-Score | 3 |