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Forward Industries Inc FORD

Morningstar Rating
$0.58 0.00 (0.12%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FORD is trading at a 49% discount.
Price
$0.60
Fair Value
$3.85
Uncertainty
Extreme
1-Star Price
$8.69
5-Star Price
$6.94
Economic Moat
Wwrjl
Capital Allocation
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News

Trading Information

Previous Close Price
$0.58
Day Range
$0.550.60
52-Week Range
$0.461.21
Bid/Ask
$0.58 / $0.62
Market Cap
$5.87 Mil
Volume/Avg
3,752 / 33,760

Key Statistics

Price/Earnings (Normalized)
17.91
Price/Sales
0.18
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Forward Industries Inc is a provider of carrying and protective solutions. It designs and distributes product protection for handheld electronic devices. Forward Industries sells soft-sided carrying cases for blood glucose diagnostic kits and portable consumer electronic devices such as smartphones, tablets, personal computers, notebooks, and global Positioning System devices. It operates in two segments, the OEM distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits and a variety of other portable electronic and non-electronic devices directly to OEMs; The design segment provides a full spectrum of hardware and software product design and engineering services. The majority of revenue is generated from the US.
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Stock Style Box
Small Value
Total Number of Employees
100

Valuation

Metric
FORD
Price/Earnings (Normalized)
17.91
Price/Book Value
2.53
Price/Sales
0.18
Price/Cash Flow
Price/Earnings
FORD

Financial Strength

Metric
FORD
Quick Ratio
0.85
Current Ratio
0.93
Interest Coverage
2.96
Quick Ratio
FORD

Profitability

Metric
FORD
Return on Assets (Normalized)
1.75%
Return on Equity (Normalized)
8.23%
Return on Invested Capital (Normalized)
4.48%
Return on Assets
FORD
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