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NASDAQ: FORD
Forward Industries Inc Stock

$3.61-0.05 (-1.37%)
Updated Sep 9, 2024
FORD Price
$3.61
Fair Value Price
-$0.59
Market Cap
$3.97M
52 Week Low
$3.36
52 Week High
$8.30
P/E
-1.14x
P/B
2.86x
P/S
0.19x
PEG
N/A
Dividend Yield
N/A
Revenue
$27.96M
Earnings
-$3.21M
Gross Margin
28.5%
Operating Margin
-11.13%
Profit Margin
-11.5%
Debt to Equity
9.95
Operating Cash Flow
$407k
Beta
0.49
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

FORD Overview

Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for handheld electronic devices. The company operates in three segments: OEM Distribution, Retail Distribution, and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS devices, tablets, and firearms. The Retail Distribution segment sources and sells smart-enabled furniture and a range of other products through agreements with various retailers, including in stores and online retailer websites. The Design segment provides hardware and software product design and engineering services. The company sells its products to original equipment manufacturers in the Asia-Pacific, the Americas, Europe, the Middle East, and Africa. Forward Industries, Inc. was incorporated in 1961 and is headquartered in Hauppauge, New York.

Zen Score

Industry Average (41)
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Due Diligence Checks

FORD ($3.61) is overvalued by 715.55% relative to our estimate of its Fair Value price of -$0.59 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
FORD ($3.61) is not significantly undervalued (715.55%) relative to our estimate of its Fair Value price of -$0.59 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
FORD is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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FORD News

Valuation

FORD fair value

Fair Value of FORD stock based on Discounted Cash Flow (DCF)
Price
$3.61
Fair Value
-$0.59
Undervalued by
715.55%
FORD ($3.61) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FORD ($3.61) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FORD is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

FORD price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-1.14x
Industry
27.61x
Market
24.05x

FORD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.86x
Industry
6.49x
FORD is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FORD's financial health

Profit margin

Revenue
$7.9M
Net Income
-$399.6k
Profit Margin
-5.1%
FORD's Earnings (EBIT) of -$3.11M... subscribe to Premium to read more.
Interest Coverage Financials
FORD's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$15.2M
Liabilities
$13.8M
Debt to equity
9.95
FORD's short-term liabilities ($11.30M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FORD's short-term assets ($9.73M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FORD's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FORD's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$456.5k
Investing
-$9.6k
Financing
-$150.0k
FORD's operating cash flow ($407.17k)... subscribe to Premium to read more.
Debt Coverage Financials

FORD vs Shoe Stocks

TickerMarket Cap1d %P/EP/B
FORD$3.97M-1.37%-1.14x2.86x
AREB$4.30M+8.86%-0.14x1.71x
VRA$152.45M-2.08%34.47x0.62x
RCKY$222.87M+0.45%14.81x1.00x
WEYS$302.94M-1.05%10.01x1.21x

Forward Industries Stock FAQ

What is Forward Industries's quote symbol?

(NASDAQ: FORD) Forward Industries trades on the NASDAQ under the ticker symbol FORD. Forward Industries stock quotes can also be displayed as NASDAQ: FORD.

If you're new to stock investing, here's how to buy Forward Industries stock.

What is the 52 week high and low for Forward Industries (NASDAQ: FORD)?

(NASDAQ: FORD) Forward Industries's 52-week high was $8.30, and its 52-week low was $3.36. It is currently -56.51% from its 52-week high and 7.44% from its 52-week low.

How much is Forward Industries stock worth today?

(NASDAQ: FORD) Forward Industries currently has 1,101,069 outstanding shares. With Forward Industries stock trading at $3.61 per share, the total value of Forward Industries stock (market capitalization) is $3.97M.

Forward Industries stock was originally listed at a price of $22.50 in Dec 31, 1997. If you had invested in Forward Industries stock at $22.50, your return over the last 26 years would have been -83.96%, for an annualized return of -6.8% (not including any dividends or dividend reinvestments).

How much is Forward Industries's stock price per share?

(NASDAQ: FORD) Forward Industries stock price per share is $3.61 today (as of Sep 9, 2024).

What is Forward Industries's Market Cap?

(NASDAQ: FORD) Forward Industries's market cap is $3.97M, as of Sep 11, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Forward Industries's market cap is calculated by multiplying FORD's current stock price of $3.61 by FORD's total outstanding shares of 1,101,069.
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