Forward Industries, Inc. (FORD) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Forward Industries, Inc.

Superior Group of Cos., Inc.

Movado Group, Inc.

MSA Safety, Inc.

Duluth Holdings, Inc.

Vera Bradley, Inc.

Fossil Group, Inc.

Vince Holding Corp.

Charles & Colvard Ltd.

Adamas One Corp.

Why is Forward Industries, Inc. ?

With a growth in Net Sales of 48.13%, the company declared Outstanding results in Mar 26

The company has declared positive results for the last 2 consecutive quarters
NET PROFIT(Q) At USD 3.72 MM has Grown at 678.86%
NET SALES(Q) At USD 12.96 MM has Grown at 48.13%
PRE-TAX PROFIT(Q) At USD 2.84 MM has Grown at 146.19%

Rising Promoter Confidence

Promoters have increased their stake in the company by 20.23% over the previous quarter and currently hold 38.62% of the company
Promoters increasing their stake is a sign of high confidence in the future of the business

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Forward Industries, Inc. should be less than 10%
Overall Portfolio exposure to Gems, Jewellery And Watches should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Forward Industries, Inc. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Forward Industries, Inc.

-32.05%

-0.12

124.25%

S&P 500

25.41%

1.92

13.25%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-0.45%

EBIT Growth (5y)

41.64%

EBIT to Interest (avg)

-1.23

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-0.21

Sales to Capital Employed (avg)

6.63

Tax Ratio

0.65%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

63.87%

ROCE (avg)

11.30%

ROE (avg)

5.69%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

188

Industry P/E

Price to Book Value

0.41

EV to EBIT

85.85

EV to EBITDA

80.25

EV to Capital Employed

0.39

EV to Sales

9.63

PEG Ratio

1.85

Dividend Yield

ROCE (Latest)

0.46%

ROE (Latest)

0.22%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Mildly Bearish

Dow Theory

Mildly Bullish

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

32What is working for the Company

NET PROFIT(Q)

At USD 3.72 MM has Grown at 678.86%

NET SALES(Q)

At USD 12.96 MM has Grown at 48.13%

PRE-TAX PROFIT(Q)

At USD 2.84 MM has Grown at 146.19%

RAW MATERIAL COST(Y)

Fallen by -919.36% (YoY

CASH AND EQV(HY)

Highest at USD 42.02 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 16.01 times

-13What is not working for the Company

INTEREST(HY)

At USD 0.06 MM has Grown at 148.62%

OPERATING CASH FLOW(Y)

Lowest at USD -16.26 MM

ROCE(HY)

Lowest at -372.99%

INVENTORY TURNOVER RATIO(HY)

Lowest at 0 times

Here's what is working for Forward Industries, Inc.

Net Profit

At USD 3.72 MM has Grown at 678.86%

over average net sales of the previous four periods of USD 0.48 MM

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (USD MM)

Net Sales

At USD 12.96 MM has Grown at 48.13%

over average net sales of the previous four periods of USD 8.75 MM

MOJO Watch

Near term sales trend is very positive

Net Sales (USD MM)

Pre-Tax Profit

At USD 2.84 MM has Grown at 146.19%

over average net sales of the previous four periods of USD 1.15 MM

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (USD MM)

Cash and Eqv

Highest at USD 42.02 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio

Highest at 16.01 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -919.36% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Forward Industries, Inc.

Interest

At USD 0.06 MM has Grown at 148.62%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (USD MM)

Operating Cash Flow

Lowest at USD -16.26 MM and Fallen

In each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (USD MM)

Inventory Turnover Ratio

Lowest at 0 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio