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Forward Industries, Inc.

  • Market Cap: Micro Cap
  • Industry: Gems, Jewellery And Watches
  • ISIN: US3498623004
USD
8.61
0.32 (3.86%)

Dec 04

NAS

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Movado Group, Inc.
MSA Safety, Inc.
Vince Holding Corp.
Superior Group of Cos., Inc.
Duluth Holdings, Inc.
Fossil Group, Inc.
Charles & Colvard Ltd.
Vera Bradley, Inc.
Forward Industries, Inc.
Adamas One Corp.
Why is Forward Industries, Inc. ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
  • Poor long term growth as Operating profit has grown by an annual rate -190.99% of over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -1.23
2
The company has declared negative results for the last 5 consecutive quarters
  • OPERATING CASH FLOW(Y) Lowest at USD -1.72 MM
  • ROCE(HY) Lowest at -235.29%
  • NET SALES(Q) Lowest at USD 2.49 MM
3
Risky - Negative EBITDA
  • The stock is trading risky as compared to its average historical valuations
  • Over the past year, while the stock has generated a return of 114.50%, its profits have fallen by -363%
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

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

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Forward Industries, Inc. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Forward Industries, Inc.
113.12%
0.48
128.02%
S&P 500
13.22%
0.61
20.17%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
-11.00%
EBIT Growth (5y)
-190.99%
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)
7.93
Tax Ratio
0.65%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
12.35%
ROCE (avg)
11.30%
ROE (avg)
5.69%
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
2.03
EV to EBIT
-2.09
EV to EBITDA
-2.34
EV to Capital Employed
2.29
EV to Sales
0.26
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-109.63%
ROE (Latest)
-87.34%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

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

2What is working for the Company
INVENTORY TURNOVER RATIO(HY)

Highest at 145.64 times

-42What is not working for the Company
OPERATING CASH FLOW(Y)

Lowest at USD -1.72 MM

ROCE(HY)

Lowest at -235.29%

NET SALES(Q)

Lowest at USD 2.49 MM

OPERATING PROFIT(Q)

Lowest at USD -2.48 MM

OPERATING PROFIT MARGIN(Q)

Lowest at -99.28 %

PRE-TAX PROFIT(Q)

Lowest at USD -2.56 MM

NET PROFIT(Q)

Lowest at USD -2.56 MM

RAW MATERIAL COST(Y)

Grown by 217.15% (YoY

CASH AND EQV(HY)

Lowest at USD 3.06 MM

Here's what is working for Forward Industries, Inc.
Inventory Turnover Ratio
Highest at 145.64 times and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Here's what is not working for Forward Industries, Inc.
Net Sales
At USD 2.49 MM has Fallen at -60.01%
over average net sales of the previous four periods of USD 6.24 MM
MOJO Watch
Near term sales trend is extremely negative

Net Sales (USD MM)

Pre-Tax Profit
At USD -2.56 MM has Fallen at -230.6%
over average net sales of the previous four periods of USD -0.78 MM
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (USD MM)

Net Profit
At USD -2.56 MM has Fallen at -228.17%
over average net sales of the previous four periods of USD -0.78 MM
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (USD MM)

Operating Cash Flow
Lowest at USD -1.72 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)

Net Sales
Lowest at USD 2.49 MM and Fallen
In each period in the last five periods
MOJO Watch
Near term sales trend is very negative

Net Sales (USD MM)

Operating Profit
Lowest at USD -2.48 MM and Fallen
In each period in the last five periods
MOJO Watch
Near term Operating Profit trend is quite negative

Operating Profit (USD MM)

Operating Profit Margin
Lowest at -99.28 % and Fallen
In each period in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit
Lowest at USD -2.56 MM and Fallen
In each period in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (USD MM)

Net Profit
Lowest at USD -2.56 MM and Fallen
In each period in the last five periods
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (USD MM)

Cash and Eqv
Lowest at USD 3.06 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents

Raw Material Cost
Grown by 217.15% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales

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