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FORD

FORD - Forward Industries Inc Stock Price, Fair Value and News

3.79USD+0.03 (+0.80%)Market Closed

Market Summary

FORD
USD3.79+0.03
Market Closed
0.80%

FORD Stock Price

View Fullscreen

FORD RSI Chart

FORD Valuation

Market Cap

38.1M

Price/Earnings (Trailing)

-11.41

Price/Sales (Trailing)

1.22

EV/EBITDA

85.71

Price/Free Cashflow

83.6

FORD Price/Sales (Trailing)

FORD Profitability

Operating Margin

25.50%

EBT Margin

0.02%

Return on Equity

-188.88%

Return on Assets

-22%

Free Cashflow Yield

1.2%

FORD Fundamentals

FORD Revenue

Revenue (TTM)

31.2M

Rev. Growth (Yr)

-19.6%

Rev. Growth (Qtr)

9.48%

FORD Earnings

Earnings (TTM)

-3.3M

Earnings Growth (Yr)

36.48%

Earnings Growth (Qtr)

-56.18%

Breaking Down FORD Revenue

Last 7 days

-24.2%

Last 30 days

-29.8%

Last 90 days

-37.9%

Trailing 12 Months

-60.9%

How does FORD drawdown profile look like?

FORD Financial Health

Current Ratio

0.88

FORD Investor Care

Diluted EPS (TTM)

-0.33

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202431.2M000
202335.8M35.3M35.7M33.1M
202242.8M43.5M38.2M36.3M
202136.3M36.7M39.0M40.9M
202035.4M35.0M34.5M35.8M
201937.5M37.9M37.4M35.6M
201829.0M31.2M34.5M38.3M
201724.4M25.1M24.8M24.5M
201629.0M28.4M27.5M26.9M
201533.4M31.6M30.0M29.2M
201431.3M31.7M33.4M32.9M
201331.8M32.7M30.9M32.4M
201224.2M25.7M29.4M30.2M
201120.9M21.8M22.8M23.0M
20100019.0M19.9M

Tracking the Latest Insider Buys and Sells of Forward Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 25, 2023
shah sangita
bought
3,083
1.0279
3,000
-
May 24, 2023
shah sangita
bought
408
1.02
400
-
May 23, 2023
shah sangita
bought
2,758
1.0129
2,723
-
Dec 20, 2022
hrynkow sharon hemond
bought
11,281
1.14478
9,855
-
Dec 19, 2022
ziglar james w
bought
11,327
1.1327
10,000
-
Dec 13, 2021
severino paul jean
sold
-3,980
1.99
-2,000
coo of subsidiary
Dec 13, 2021
maiman mitchell
sold
-6,920
1.73
-4,000
president of subsidiary
Nov 12, 2021
maiman mitchell
sold
-8,800
2.2
-4,000
president of subsidiary
Nov 08, 2021
severino paul jean
sold
-4,440
2.22
-2,000
coo of subsidiary
Oct 12, 2021
maiman mitchell
sold
-12,798
2.133
-6,000
president of subsidiary

1–10 of 50

Which funds bought or sold FORD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
CITADEL ADVISORS LLC
new
-
13,533
13,533
-%
May 15, 2024
STATE STREET CORP
unchanged
-
-9,447
30,801
-%
May 15, 2024
MORGAN STANLEY
reduced
-0.05
-711
3,525
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
added
189
1,029
1,758
-%
May 15, 2024
Tower Research Capital LLC (TRC)
added
0.58
-1,082
5,572
-%
May 15, 2024
TWO SIGMA SECURITIES, LLC
sold off
-100
-22,819
-
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
added
47.01
1,327
11,939
-%
May 13, 2024
RENAISSANCE TECHNOLOGIES LLC
reduced
-0.21
-65,000
321,000
-%
May 13, 2024
UBS Group AG
sold off
-100
-1,443
-
-%
May 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
unchanged
-
-4,579
14,929
-%

1–10 of 18

Are Funds Buying or Selling FORD?

Are funds buying FORD calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FORD
No. of Funds

Unveiling Forward Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
renaissance technologies llc
5.26%
529,340
SC 13G/A
Feb 14, 2023
shah sangita
6.1%
611,040
SC 13G/A
Feb 13, 2023
renaissance technologies llc
5.38%
541,140
SC 13G/A
Feb 11, 2022
renaissance technologies llc
6.06%
609,640
SC 13G/A
Feb 12, 2021
shah sangita
5.3%
550,418
SC 13G
Feb 11, 2021
renaissance technologies llc
7.89%
779,540
SC 13G/A
Feb 13, 2020
renaissance technologies llc
7.38%
703,307
SC 13G/A

Recent SEC filings of Forward Industries Inc

View All Filings
Date Filed Form Type Document
Jun 20, 2024
8-K
Current Report
Jun 14, 2024
8-K
Current Report
Jun 10, 2024
8-K
Current Report
May 10, 2024
8-K
Current Report
May 10, 2024
10-Q
Quarterly Report
Apr 22, 2024
8-K
Current Report
Apr 17, 2024
DEF 14A
DEF 14A
Apr 08, 2024
PRE 14A
PRE 14A

Peers (Alternatives to Forward Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
147.7B
51.6B
5.01% -12.07%
28.24
2.86
1.91% -4.51%
24.9B
4.3B
9.63% 94.40%
32.79
5.81
18.21% 46.97%
11.1B
8.3B
7.02% 40.96%
18.76
1.35
8.17% 43.60%
MID-CAP
9.4B
4.0B
9.35% 44.56%
11.81
2.34
6.29% 28.94%
3.2B
2.1B
5.50% 35.39%
17.59
1.54
2.17% 1.30%
SMALL-CAP
431.0M
3.1B
-18.92% -19.96%
23.38
0.14
-4.57% -87.54%
277.5M
303.3M
-2.21% 11.45%
10.29
0.91
-14.96% -22.88%
269.7M
464.3M
2.71% 83.76%
20.16
0.58
-16.93% 5.08%
172.5M
457.0M
-24.32% -9.72%
39.24
0.38
-7.83% 107.65%
38.1M
31.2M
-29.81% -60.93%
-11.41
1.22
-12.80% -33.55%

Forward Industries Inc News

Latest updates
MSN21 Jun 202404:41 pm
Defense World19 Jun 202405:39 am

Forward Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue9.5%7,8307,1526,08210,1279,7399,7535,69010,58910,31511,61410,9459,9658,3959,7188,6059,5497,9318,3939,1449,9098,172
Cost Of Revenue12.9%6,2225,5093,2018,3047,8147,7873,6798,6718,0628,9958,9997,7816,6527,4556,9157,7746,4786,6737,0718,0156,862
Gross Profit-2.1%1,6081,6422,8801,8231,9251,9662,0111,9182,2532,6191,9452,1831,7432,2631,6911,7751,4531,7202,0731,8941,311
Operating Expenses-----------------3,1201,7493,5641,9442,386
  S&GA Expenses0.6%371369-210711450411-628664704738701621578603472464479535528539428
EBITDA Margin-47.7%0.01*0.03*0.03*0.02*0.02*0.02*0.02*-0.01*0.01*0.00*0.03*0.03*---------
Interest Expenses-10.7%17.0019.0024.0025.0027.0028.0029.0030.0031.0033.0033.0046.0047.0046.0043.0037.0044.0051.0051.0052.0053.00
Income Taxes---20.00---3.00-------9.00----23.09--
Earnings Before Taxes-43.2%-545-3811,471-536-118-91.311,048-418-356180-84.09244-8341,199-97.64-215-1,371-81.66-1,842-104-1,130
EBT Margin-98.2%0.00*0.01*0.02*0.01*0.01*0.00*0.01*-0.02*0.00*-0.01*0.01*0.01*---------
Net Income-56.2%-553-354-1,898-536-870-430-783-418-356180-84.09244-8341,199-106-215-1,371-81.66-1,838-104-1,130
Net Income Margin3.1%-0.11*-0.11*-0.10*-0.07*-0.07*-0.05*-0.04*-0.02*0.00*-0.01*0.01*0.01*---------
Free Cashflow-790.4%-66496.0045956574.00-193348786-8411,072-19637.00---------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-7.1%15,19116,34417,38619,24420,28821,85820,93923,22921,97321,97819,85618,93117,19918,60919,35618,64016,18518,70516,09417,36816,416
  Current Assets-9.4%9,51210,49511,37013,06313,97315,38814,33716,37114,94114,82312,79511,69610,39611,65812,22212,5809,96310,97911,83813,01012,256
    Cash Equivalents-25.3%2,2623,0273,1802,8212,3562,3322,5762,2781,5412,4321,4101,6051,5292,3322,9253,0851,3482,0693,0932,7102,386
  Inventory-23.8%3094053341,8932,9214,1396514,8723,8972,9722,0631,9072,1491,2571,2767276361,1001,6091,3041,433
  Net PPE-3.9%255265274282261262241234247214168184188205215219213221243275307
  Goodwill0%1,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,1671,1672,1822,1822,1822,182
Liabilities-4.3%13,42214,03114,77014,76015,28415,99814,67316,23214,60114,31512,41211,44010,04510,78312,77312,4589,85711,0428,3837,8536,830
  Current Liabilities-4.5%10,79811,30810,83610,58710,90711,4699,97811,30411,04210,5947,2086,1255,1517,4278,8268,4046,5137,6368,2967,4416,405
  Long Term Debt---------------530760----8.00
    LT Debt, Non Current---------------530760----8.00
Shareholder's Equity-23.5%1,7702,3132,6164,4845,0045,8606,2666,9977,3727,6627,4437,4917,1547,8256,5836,1826,3277,6637,7119,5159,586
  Retained Earnings-3.1%-18,593-18,040-17,686-15,787-15,251-14,380-13,949-13,166-12,747-12,391-12,571-12,487-12,731-11,896-13,095-12,988-12,773-11,401-11,320-9,481-9,377
  Additional Paid-In Capital0.1%20,26320,25320,20220,17120,15520,14020,11620,06320,01919,95319,91419,87819,78619,62319,58019,07519,00618,96918,93618,90218,868
Shares Outstanding0%10,06110,06110,06110,06110,06110,06110,06110,06110,06110,06110,0619,964---------
Float-----7,800---12,000---18,700---7,400---9,400
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-656.0%-64411647961299.00-148377797-7771,138-19060.00113-511497-205230-784231562-1,973
  Share Based Compensation-80.3%10.0051.0031.0017.0015.0024.0053.0044.0066.0039.002.004.0021.0041.0013838.0036.0033.004.00-135
Cashflow From Investing-7.2%-20.92-19.51-19.56-46.70-24.71-45.11-29.29-10.84-63.48-66.02-6.04-23.29-7.40-30.48-334-28.53-20.78-6.43-3.56-5.40-4.45
Cashflow From Financing60.0%-100-250-100-100-50.00-50.00-50.00-50.00-50.00-50.002.0039.00-909-50.62-3221,971-929-233155-233-53.01
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FORD Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenues, net$ 7,830,130$ 9,738,804$ 14,982,080$ 19,491,488
Cost of sales6,222,4327,813,69611,731,89715,600,310
Gross profit1,607,6981,925,1083,250,1833,891,178
Sales and marketing expenses370,839450,380739,575861,554
General and administrative expenses1,776,4911,566,5493,430,5613,249,360
Operating loss(539,632)(91,821)(919,953)(219,736)
Fair value adjustment of earnout consideration000(40,000)
Interest income(18,712)(856)(36,180)(856)
Interest expense16,97126,78135,98154,739
Other income, net7,8469657,158(23,595)
Loss from continuing operations before income taxes(545,737)(118,711)(926,912)(210,024)
Provision for income taxes0000
Loss from continuing operations(545,737)(118,711)(926,912)(210,024)
(Loss) / income from discontinued operations, net of tax(7,477)(752,237)19,478(1,091,199)
Net loss$ (553,214)$ (870,948)$ (907,434)$ (1,301,223)
Basic loss per share :    
Basic loss per share from continuing operations$ (0.05)$ (0.01)$ (0.09)$ (0.02)
Basic loss per share from discontinued operations(0.00)(0.07)0.00(0.11)
Basic loss per share(0.05)(0.09)(0.09)(0.13)
Diluted loss per share:    
Diluted loss per share from continuing operations(0.05)(0.01)(0.09)(0.02)
Diluted loss per share from discontinued operations(0.00)(0.07)0.00(0.11)
Diluted loss per share$ (0.05)$ (0.09)$ (0.09)$ (0.13)
Weighted average common shares outstanding:    
Basic10,061,18510,061,18510,061,18510,061,185
Diluted10,061,18510,061,18510,061,18510,061,185

FORD Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Sep. 30, 2023
Current assets:  
Cash$ 2,261,853$ 3,180,468
Accounts receivable, net of allowances for credit losses of $771,189 and $955,965 as of March 31, 2024 and September 30, 2023, respectively6,484,4276,968,778
Inventories, net308,895334,384
Discontinued assets held for sale0508,077
Prepaid expenses and other current assets457,071378,512
Total current assets9,512,24611,370,219
Property and equipment, net254,971274,046
Intangible assets, net786,765893,143
Goodwill1,758,6821,758,682
Operating lease right-of-use assets, net2,810,0593,021,315
Other assets68,73768,737
Total assets15,191,46017,386,142
Current liabilities:  
Note payable to Forward China750,0000
Accounts payable147,518518,892
Due to Forward China8,687,8988,246,015
Deferred income228,827297,407
Current portion of operating lease liability423,042416,042
Accrued expenses and other current liabilities560,4941,357,743
Total current liabilities10,797,77910,836,099
Other liabilities:  
Note payable to Forward China01,100,000
Operating lease liability, less current portion2,623,8142,833,782
Total other liabilities2,623,8143,933,782
Total liabilities13,421,59314,769,881
Commitments and contingencies
Shareholders' equity:  
Common stock, par value $0.01 per share; 40,000,000 shares authorized; 10,061,185 shares issued and outstanding at March 31, 2024 and September 30, 2023100,612100,612
Additional paid-in capital20,263,24220,202,202
Accumulated deficit(18,593,987)(17,686,553)
Total shareholders' equity1,769,8672,616,261
Total liabilities and shareholders' equity$ 15,191,460$ 17,386,142
FORD
Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. 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 other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS location devices, tablets, and firearms. The Retail Distribution segment sources and sells smart-enabled furniture, such as desks and side tables, as well as hot tubs and various other products through 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 United States, China, Germany, Poland, and internationally. Forward Industries, Inc. was incorporated in 1961 and is based in Hauppauge, New York.
 CEO
 WEBSITEhttps://forwardindustries.com
 INDUSTRYFootwear & Accessories
 EMPLOYEES100

Forward Industries Inc Frequently Asked Questions


What is the ticker symbol for Forward Industries Inc? What does FORD stand for in stocks?

FORD is the stock ticker symbol of Forward Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Forward Industries Inc (FORD)?

As of Fri Jun 21 2024, market cap of Forward Industries Inc is 38.13 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FORD stock?

You can check FORD's fair value in chart for subscribers.

What is the fair value of FORD stock?

You can check FORD's fair value in chart for subscribers. The fair value of Forward Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Forward Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FORD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Forward Industries Inc a good stock to buy?

The fair value guage provides a quick view whether FORD is over valued or under valued. Whether Forward Industries Inc is cheap or expensive depends on the assumptions which impact Forward Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FORD.

What is Forward Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, FORD's PE ratio (Price to Earnings) is -11.41 and Price to Sales (PS) ratio is 1.22. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FORD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Forward Industries Inc's stock?

In the past 10 years, Forward Industries Inc has provided -0.111 (multiply by 100 for percentage) rate of return.