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NASDAQ: FORD
Forward Industries Inc Stock

$0.54+0.04 (+8%)
Updated Apr 18, 2024
FORD Price
$0.54
Fair Value Price
N/A
Market Cap
$5.43M
52 Week Low
$0.46
52 Week High
$1.10
P/E
-1.46x
P/B
2.35x
P/S
0.22x
PEG
N/A
Dividend Yield
N/A
Revenue
$33.03M
Earnings
-$3.66M
Gross Margin
24.5%
Operating Margin
-10.73%
Profit Margin
-11.1%
Debt to Equity
6.07
Operating Cash Flow
$1M
Beta
0.55
Next Earnings
May 10, 2024
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 (36)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FORD scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FORD is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
FORD is good value based on its book value relative to its share price (2.35x), compared to the US Footwear & Accessories industry average (7.33x)
P/B vs Industry Valuation
FORD is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more FORD due diligence checks available for Premium users.

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FORD News

Valuation

FORD fair value

Fair Value of FORD stock based on Discounted Cash Flow (DCF)
Price
$0.54
Fair Value
-$0.60
Undervalued by
190.13%
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
-1.46x
Industry
29.88x
Market
41.33x

FORD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.35x
Industry
7.33x
FORD is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FORD's financial health

Profit margin

Revenue
$7.2M
Net Income
-$354.2k
Profit Margin
-5%
FORD's Earnings (EBIT) of -$3.55M... 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
$16.3M
Liabilities
$14.0M
Debt to equity
6.07
FORD's short-term liabilities ($11.31M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FORD's short-term assets ($10.49M) 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
$115.8k
Investing
-$19.5k
Financing
-$250.0k
FORD's operating cash flow ($1.31M)... subscribe to Premium to read more.
Debt Coverage Financials

FORD vs Shoe Stocks

TickerMarket Cap1d %P/EP/B
FORD$5.43M+7.78%-1.46x2.35x
AREB$1.81M+3.36%-0.08x0.26x
RCKY$192.04M-2.71%18.23x0.86x
VRA$199.21M+1.25%25.88x0.77x
WEYS$269.91M-0.70%8.90x1.10x

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 $1.10, and its 52-week low was $0.46. It is currently -50.91% from its 52-week high and 17.39% from its 52-week low.

How much is Forward Industries stock worth today?

(NASDAQ: FORD) Forward Industries currently has 10,061,185 outstanding shares. With Forward Industries stock trading at $0.54 per share, the total value of Forward Industries stock (market capitalization) is $5.43M.

Forward Industries stock was originally listed at a price of $2.25 in Dec 31, 1997. If you had invested in Forward Industries stock at $2.25, your return over the last 26 years would have been -76%, for an annualized return of -5.34% (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 $0.54 today (as of Apr 18, 2024).

What is Forward Industries's Market Cap?

(NASDAQ: FORD) Forward Industries's market cap is $5.43M, as of Apr 19, 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 $0.54 by FORD's total outstanding shares of 10,061,185.
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