Skip to Content

Forward Industries Inc FORD

Morningstar Rating
$0.54 +0.04 (7.78%)
View Full Chart
Unlock our analysis with Morningstar Investor

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 51% discount.
Price
$0.54
Fair Value
$2.95
Uncertainty
Extreme
1-Star Price
$4.79
5-Star Price
$2.88
Economic Moat
Qydz
Capital Allocation
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if FORD is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$0.50
Day Range
$0.480.54
52-Week Range
$0.461.10
Bid/Ask
$0.50 / $0.55
Market Cap
$5.43 Mil
Volume/Avg
13,820 / 28,427

Key Statistics

Price/Earnings (Normalized)
16.61
Price/Sales
0.16
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)
16.61
Price/Book Value
2.35
Price/Sales
0.16
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
See how this stock stacks up to its competitors with Morningstar Investor

Footwear & Accessories Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
NKE
Nike Inc Class BZgprtkssxmMjlcg$143.1 Bil
ADDDF
adidas AGLThjjvc$43.0 Bil
ADDYY
adidas AG ADRTcvhfsvmVhgdj$41.7 Bil
DECK
Deckers Outdoor CorpKfhyfx$20.9 Bil
ONON
On Holding AGZdgdtd$10.5 Bil
SKX
Skechers USA Inc Class ARrzsgjzQzrvbx$8.9 Bil
ASCCY
ASICS Corp ADRWkmmcm$7.9 Bil
ASCCF
ASICS CorpTqlllw$7.9 Bil
BIRK
Birkenstock Holding PLCKwnpkt$7.9 Bil
CROX
Crocs IncDgvyrz$7.3 Bil

Sponsor Center