Forward Industries Statistics

Total Valuation

FWDI has a market cap or net worth of $295.73 million. The enterprise value is $343.60 million.

Market Cap	295.73M
Enterprise Value	343.60M

Important Dates

The next estimated earnings date is Thursday, August 13, 2026.

Earnings Date	Aug 13, 2026
Ex-Dividend Date	n/a

Share Statistics

FWDI has 74.68 million shares outstanding. The number of shares has increased by 4,873.17% in one year.

Current Share Class	74.68M
Shares Outstanding	74.68M
Shares Change (YoY)	+4,873.17%
Shares Change (QoQ)	-4.21%
Owned by Insiders (%)	5.35%
Owned by Institutions (%)	54.90%
Float	70.69M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	6.85
Forward PS	5.76
PB Ratio	0.57
P/TBV Ratio	0.56
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	7.66
EV / EBITDA	40.90
EV / EBIT	41.97
EV / FCF	n/a

Financial Position

The company has a current ratio of 0.40, with a Debt / Equity ratio of 0.10.

Current Ratio	0.40
Quick Ratio	0.36
Debt / Equity	0.10
Debt / EBITDA	5.88
Debt / FCF	n/a
Interest Coverage	96.59

Financial Efficiency

Return on equity (ROE) is -372.99% and return on invested capital (ROIC) is 1.13%.

Return on Equity (ROE)	-372.99%
Return on Assets (ROA)	1.65%
Return on Invested Capital (ROIC)	1.13%
Return on Capital Employed (ROCE)	1.48%
Weighted Average Cost of Capital (WACC)	7.33%
Revenue Per Employee	$747,275
Profits Per Employee	-$17.23M
Employee Count	60
Asset Turnover	0.14
Inventory Turnover	n/a

Taxes

In the past 12 months, FWDI has paid $1.83 million in taxes.

Income Tax	1.83M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -36.44% in the last 52 weeks. The beta is 0.79, so FWDI's price volatility has been lower than the market average.

Beta (5Y)	0.79
52-Week Price Change	-36.44%
50-Day Moving Average	4.47
200-Day Moving Average	9.54
Relative Strength Index (RSI)	44.86
Average Volume (20 Days)	1,611,906

Short Selling Information

The latest short interest is 2.04 million, so 2.73% of the outstanding shares have been sold short.

Short Interest	2.04M
Short Previous Month	1.99M
Short % of Shares Out	2.73%
Short % of Float	2.89%
Short Ratio (days to cover)	1.95

Income Statement

In the last 12 months, FWDI had revenue of $44.84 million and -$1.03 billion in losses. Loss per share was -$18.88.

Revenue	44.84M
Gross Profit	30.16M
Operating Income	8.19M
Pretax Income	-1.03B
Net Income	-1.03B
EBITDA	8.40M
EBIT	8.19M
Loss Per Share	-$18.88

Full Income Statement

Balance Sheet

The company has $16.63 million in cash and $52.99 million in debt, giving a net cash position of -$36.35 million or -$0.49 per share.

Cash & Cash Equivalents	16.63M
Total Debt	52.99M
Net Cash	-36.35M
Net Cash Per Share	-$0.49
Equity (Book Value)	551.46M
Book Value Per Share	7.23
Working Capital	-32.96M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$16.26 million and capital expenditures -$22,287, giving a free cash flow of -$16.28 million.

Operating Cash Flow	-16.26M
Capital Expenditures	-22,287
Depreciation & Amortization	214,640
Net Borrowing	41.76M
Free Cash Flow	-16.28M
FCF Per Share	-$0.22

Full Cash Flow Statement

Margins

Gross Margin	67.26%
Operating Margin	18.26%
Pretax Margin	-2,304.53%
Profit Margin	n/a
EBITDA Margin	18.74%
EBIT Margin	18.26%
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
Buyback Yield	-4,873.17%
Shareholder Yield	-4,873.17%
Earnings Yield	-336.40%
FCF Yield	-5.30%

Analyst Forecast

The average price target for FWDI is $8.25, which is 108.33% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$8.25
Price Target Difference	108.33%
Analyst Consensus	Strong Buy
Analyst Count	2
Revenue Growth Forecast (3Y)	49.69%
EPS Growth Forecast (3Y)	n/a

Stock Forecasts

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 3.44 and a Piotroski F-Score of 3.

Altman Z-Score	3.44
Piotroski F-Score	3