Forward Industries, Inc.

Is Forward Industries, Inc. technically bullish or bearish?

As of October 10, 2025, Forward Industries, Inc. has a mildly bullish technical trend, supported by bullish MACD and KST indicators, despite a bearish monthly RSI, and has achieved a year-to-date return of 396.57%, significantly outperforming the S&P 500.

As of 10 October 2025, the technical trend for Forward Industries, Inc. has changed from bullish to mildly bullish. The weekly MACD and KST indicators remain bullish, while the monthly MACD is also bullish despite a bearish monthly RSI. The Bollinger Bands indicate a mildly bullish stance on both weekly and monthly time frames. Daily moving averages are mildly bullish, but the weekly Dow Theory shows a mildly bearish trend. <BR><BR>In terms of performance, the company has had a remarkable year-to-date return of 396.57%, significantly outperforming the S&P 500's 11.41%, and a one-year return of 577.13% compared to the S&P 500's 13.36%. Overall, the current technical stance is mildly bullish, driven primarily by the MACD and KST indicators.

Is Forward Industries, Inc. overvalued or undervalued?

As of December 27, 2024, Forward Industries, Inc. is considered risky and overvalued due to significant losses and poor financial ratios, contrasting sharply with its peers Movado Group and Superior Group, while it has underperformed against the S&P 500 recently despite impressive long-term returns.

As of 27 December 2024, the valuation grade for Forward Industries, Inc. has moved from expensive to risky. The company appears to be overvalued given its significant losses and negative return metrics. Key ratios include a Price to Book Value of 2.03, an EV to EBIT of -2.09, and an EV to EBITDA of -2.34, indicating poor financial health compared to its peers.<BR><BR>In comparison to its peers, Movado Group, Inc. and Superior Group of Cos., Inc. are both very attractive with P/E ratios of 26.84 and 23.59, respectively, highlighting the stark contrast in valuation. Forward Industries has also underperformed against the S&P 500 over the past week, with a return of -8.53% compared to the index's 1.05%, although it has shown impressive returns over the longer term, such as 778.55% over the past year.

How big is Forward Industries, Inc.?

As of Jun 18, Forward Industries, Inc. has a market capitalization of 7.35 million and reported net sales of 24.96 million with a net profit of -3.55 million over the latest four quarters. As of Sep 24, shareholder's funds are 2.97 million, and total assets are 14.77 million.

As of Jun 18, Forward Industries, Inc. has a market capitalization of 7.35 million, categorizing it as a Micro Cap company.<BR><BR>As of Jun 18, the sum of net sales for the latest four quarters is 24.96 million, while the sum of net profit for the same period is -3.55 million.<BR><BR>As of Sep 24, the shareholder's funds are reported at 2.97 million, and total assets amount to 14.77 million.

What does Forward Industries, Inc. do?

Forward Industries, Inc. is a design, development, and manufacturing provider for medical and technology sectors, classified as a micro-cap company with recent net sales of $3 million and a net loss of $2 million. The company has a market cap of $7.35 million and operates within the Gems, Jewellery And Watches industry.

Overview:<BR>Forward Industries, Inc. is an integrated design, development, and manufacturing solution provider for medical and technology customers, operating within the Gems, Jewellery And Watches industry and classified as a micro-cap company.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 3 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -2 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 7.35 Million (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: NA (Loss Making) <BR>Industry P/E: NA <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.21 <BR>Return on Equity: -87.34% <BR>Price to Book: 2.05<BR><BR>Contact Details:<BR>Address: 700 Veterans Memorial Hwy, Suite 100, HAUPPAUGE NY: 11788 <BR>Tel: 1 561 4650030 <BR>Website: http://www.forwardindustries.com/

Should I buy, sell or hold Forward Industries, Inc.?

Who are in the management team of Forward Industries, Inc.?

As of March 2022, the management team of Forward Industries, Inc. includes Terence Wise as Chairman and CEO, along with Board members Frank Johnson, Michael Luetkemeyer, Joseph Mullin, Robert Neal, and Sangita Shah.

As of March 2022, the management team of Forward Industries, Inc. includes Terence Wise, who serves as the Chairman of the Board and Chief Executive Officer. Other members of the Board of Directors are Mr. Frank Johnson, the Non-Executive Chairman of the Board; Mr. Michael Luetkemeyer; Mr. Joseph Mullin; Robert Neal; and Sangita Shah, all of whom hold the designation of Director.