Forward Industries, Inc.
The company designs, manufactures, sources, markets, and distributes carry and protective solutions.
It operates two segments: OEM Distribution and Design.
OEM Distribution sources and distributes products for medical monitoring and diagnostic kits, portable electronics, and other products.
The Design segment provides product design and engineering services.
Products are sold to original equipment manufacturers in the US, China, Germany, Poland, and internationally.
The company was incorporated in 1961 and is based in Hauppauge, New York.
Overview
Strengths
- Analysts expect revenues to grow in the coming year.
Weaknesses
- With a depreciation Potential of -100.00%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Current Price to Earnings Ratio (100.00) is significantly higher than the sector mean (44.58).
- Price to book ratio (5.44) is significantly higher than the sector mean (3.36).
- The company has high debt. Net Debt to EBITDA Ratio (100.00) is higher than the sector mean.
- The company have lower returns than the sector in which it operates. ROIC (6.36%) is significantly lower than the sector mean (16.55%).
- EV/EBITDA (100.00) is significantly higher than the sector mean (24.80).
- EV/EBIT (100.00) is significantly higher than the sector mean.
- The Price to Free Cash Flow ratio (47.20) is significantly higher than the sector mean.
- EBITDA Margin (0.00%) appears relatively low.
Key Financial Data
| Indicator | Value |
|---|
| PER | 100.0 |
| EV/EBITDA | 100.0 |
| Price/Free Cash Flow' | 40.2 |
| ROIC | 6.4% |
| Net Debt/EBITDA | 100.0 |