ScoreWhy is Forward Industries, Inc. ?
1
With a growth in Net Profit of 257.18%, the company declared Outstanding results in Dec 25
- The company has declared positive results in Jan 70 after 5 consecutive negative quarters
- RAW MATERIAL COST(Y) Fallen by -230.26% (YoY)
- CASH AND EQV(HY) Highest at USD 63.56 MM
- DEBT-EQUITY RATIO (HY) Lowest at -2.21 %
2
High Institutional Holdings at 40.6%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 3.06% over the previous quarter.
3
Market Beating Performance
- The stock has generated a return of 29.64% in the last 1 year, much higher than market (S&P 500) returns of 14.90%
Real-Time Research ReportHow 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.
29.64%
-0.08
133.24%
S&P 500
14.9%
0.77
19.29%
Quality
Management Risk
Growth
Capital StructureQuality 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)
5.68
Tax Ratio
0.65%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
40.60%
ROCE (avg)
11.30%
ROE (avg)
5.69%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
226
Industry P/E
Price to Book Value
0.49
EV to EBIT
104.71
EV to EBITDA
97.87
EV to Capital Employed
0.48
EV to Sales
11.74
PEG Ratio
2.24
Dividend Yield
NA
ROCE (Latest)
0.46%
ROE (Latest)
0.22%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend39What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -230.26% (YoY
CASH AND EQV(HY)
Highest at USD 63.56 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -2.21 %
DEBTORS TURNOVER RATIO(HY)
Highest at 7.84 times
NET SALES(Q)
Highest at USD 21.44 MM
OPERATING PROFIT(Q)
Highest at USD 9.64 MM
OPERATING PROFIT MARGIN(Q)
Highest at 44.98 %
PRE-TAX PROFIT(Q)
Highest at USD 10.29 MM
NET PROFIT(Q)
Highest at USD 7.61 MM
-4What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at USD -12.02 MM
EPS(Q)
Lowest at USD -5.91
Here's what is working for Forward Industries, Inc.
Net Sales
At USD 21.44 MM has Grown at 324.91%
over average net sales of the previous four periods of USD 5.04 MMMOJO Watch
Near term sales trend is extremely positive
Net Sales (USD MM)
Pre-Tax Profit
At USD 10.29 MM has Grown at 768.49%
over average net sales of the previous four periods of USD -1.54 MMMOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (USD MM)
Net Profit
At USD 7.61 MM has Grown at 592.3%
over average net sales of the previous four periods of USD -1.54 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (USD MM)
Net Sales
Highest at USD 21.44 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Operating Profit
Highest at USD 9.64 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (USD MM)
Operating Profit Margin
Highest at 44.98 %
in the last five periodsMOJO Watch
Company's profit margin has improved
Operating Profit to Sales
Pre-Tax Profit
Highest at USD 10.29 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Net Profit
Highest at USD 7.61 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
Cash and Eqv
Highest at USD 63.56 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -2.21 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio
Highest at 7.84 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -230.26% (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.
Operating Cash Flow
Lowest at USD -12.02 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (USD MM)
EPS
Lowest at USD -5.91
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (USD)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
