FORWARD INDUSTRIES INC (FORD) Fundamental Analysis & Valuation

NASDAQ:FORD • US3498624093

Current stock price

9.12 USD
+0.19 (+2.13%)
At close:
9.48 USD
+0.36 (+3.95%)
After Hours:

This FORD fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. FORD Profitability Analysis

1.1 Basic Checks

  • FORD had negative earnings in the past year.
  • In the past year FORD has reported a negative cash flow from operations.
  • FORD had negative earnings in 4 of the past 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: FORD reported negative operating cash flow in multiple years.
FORD Yearly Net Income VS EBIT VS OCF VS FCFFORD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1M -1M -2M -3M

1.2 Ratios

  • FORD has a Return On Assets of -44.17%. This is in the lower half of the industry: FORD underperforms 79.84% of its industry peers.
  • FORD has a worse Return On Equity (-109.33%) than 85.48% of its industry peers.
Industry RankSector Rank
ROA -44.17%
ROE -109.33%
ROIC N/A
ROA(3y)-13.76%
ROA(5y)-9.57%
ROE(3y)-76.86%
ROE(5y)-50.13%
ROIC(3y)N/A
ROIC(5y)N/A
FORD Yearly ROA, ROE, ROICFORD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100

1.3 Margins

  • The Gross Margin of FORD (10.50%) is worse than 79.84% of its industry peers.
  • In the last couple of years the Gross Margin of FORD has grown nicely.
  • FORD does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 10.5%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.44%
GM growth 5Y3.17%
FORD Yearly Profit, Operating, Gross MarginsFORD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. FORD Health Analysis

2.1 Basic Checks

  • FORD does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for FORD has been increased compared to 1 year ago.
  • FORD has less shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, FORD has an improved debt to assets ratio.
FORD Yearly Shares OutstandingFORD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M
FORD Yearly Total Debt VS Total AssetsFORD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M

2.2 Solvency

  • FORD has an Altman-Z score of 90.17. This indicates that FORD is financially healthy and has little risk of bankruptcy at the moment.
  • FORD has a Altman-Z score of 90.17. This is amongst the best in the industry. FORD outperforms 99.19% of its industry peers.
  • A Debt/Equity ratio of 0.18 indicates that FORD is not too dependend on debt financing.
  • The Debt to Equity ratio of FORD (0.18) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF N/A
Altman-Z 90.17
ROIC/WACCN/A
WACC9.08%
FORD Yearly LT Debt VS Equity VS FCFFORD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2M 4M 6M 8M 10M

2.3 Liquidity

  • A Current Ratio of 1.51 indicates that FORD should not have too much problems paying its short term obligations.
  • FORD has a Current ratio of 1.51. This is in the lower half of the industry: FORD underperforms 75.00% of its industry peers.
  • FORD has a Quick Ratio of 1.51. This is a normal value and indicates that FORD is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Quick ratio value of 1.51, FORD perfoms like the industry average, outperforming 41.94% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.51
Quick Ratio 1.51
FORD Yearly Current Assets VS Current LiabilitesFORD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

0

3. FORD Growth Analysis

3.1 Past

  • The earnings per share for FORD have decreased by -5.59% in the last year.
  • FORD shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -30.05%.
  • The Revenue has been decreasing by -4.19% on average over the past years.
EPS 1Y (TTM)-5.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-113.89%
Revenue 1Y (TTM)-30.05%
Revenue growth 3Y-8.19%
Revenue growth 5Y-4.19%
Sales Q2Q%-68.38%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
FORD Yearly Revenue VS EstimatesFORD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
FORD Yearly EPS VS EstimatesFORD Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 -0.2 -0.4 -0.6

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Find the best growth stocksShow best growing peers

0

4. FORD Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for FORD. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FORD Price Earnings VS Forward Price EarningsFORD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
FORD Per share dataFORD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -1 -2 -3

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. FORD Dividend Analysis

5.1 Amount

  • No dividends for FORD!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

FORD Fundamentals: All Metrics, Ratios and Statistics

FORWARD INDUSTRIES INC

NASDAQ:FORD (11/14/2025, 8:00:00 PM)

After market: 9.48 +0.36 (+3.95%)

9.12

+0.19 (+2.13%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)08-12
Earnings (Next)12-26
Inst OwnersN/A
Inst Owner Change30.59%
Ins OwnersN/A
Ins Owner Change0%
Market Cap770.91M
Revenue(TTM)19.56M
Net Income(TTM)-3.66M
Analysts0
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 39.41
P/FCF N/A
P/OCF N/A
P/B 230.06
P/tB 515.18
EV/EBITDA N/A
EPS(TTM)-3.31
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.02
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0.23
BVpS0.04
TBVpS0.02
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA -44.17%
ROE -109.33%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 10.5%
FCFM N/A
ROA(3y)-13.76%
ROA(5y)-9.57%
ROE(3y)-76.86%
ROE(5y)-50.13%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.44%
GM growth 5Y3.17%
F-Score4
Asset Turnover2.36
Health
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 12.27%
Cap/Sales 0.21%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.51
Quick Ratio 1.51
Altman-Z 90.17
F-Score4
WACC9.08%
ROIC/WACCN/A
Cap/Depr(3y)39.17%
Cap/Depr(5y)32.93%
Cap/Sales(3y)0.33%
Cap/Sales(5y)0.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.59%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-113.89%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-30.05%
Revenue growth 3Y-8.19%
Revenue growth 5Y-4.19%
Sales Q2Q%-68.38%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-866.3%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-325.81%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-285%
OCF growth 3YN/A
OCF growth 5YN/A

FORWARD INDUSTRIES INC / FORD Fundamental Analysis FAQ

What is the fundamental rating for FORD stock?

ChartMill assigns a fundamental rating of 1 / 10 to FORD.


Can you provide the valuation status for FORWARD INDUSTRIES INC?

ChartMill assigns a valuation rating of 0 / 10 to FORWARD INDUSTRIES INC (FORD). This can be considered as Overvalued.


What is the profitability of FORD stock?

FORWARD INDUSTRIES INC (FORD) has a profitability rating of 1 / 10.