Forward Industries, Inc. (FWDI) — Stock Score Summary

Forward Industries, Inc. (FWDI) has a MoatMap StockRank of 1/100 based on Quality (25/100), Value (29/100), and Momentum (16/100) factor scores. The current signal is STRONG SELL. Forward Industries is a low-margin, micro-cap consumer accessory designer with no pricing power or scale advantages. It fails the Peter Lynch tenbagger criteria due to a lack of observable organic demand signals and a highly commoditized product portfolio.

Forward Industries, Inc. designs, markets, and distributes carrying cases, bags, and other accessories for a variety of consumer electronics and medical devices. It maintains a niche presence through established relationships with major brands and retailers, offering custom design and manufacturing capabilities. The company is a specialized consumer products firm with a focus on functional and protective accessories, adapting to evolving consumer electronics trends.

Key Financial Metrics

Price$4.05
Market Cap$340M
P/E (Forward)-9925.00
Price/Book0.55
Return on Equity-373.0%
Return on Invested Capital-11.5%
Debt/Equity9.61
Gross Margin67.3%
Operating Margin18.8%
Revenue Growth315.0%
Free Cash Flow$8M

Forward Industries, Inc. operates in the Footwear & Accessories industry, part of the Consumer Cyclical sector (United States).

Frequently Asked Questions

What is Forward Industries, Inc.’s (FWDI) StockRank?
MoatMap’s StockRank for Forward Industries, Inc. (FWDI) is 1/100, with a Strong Sell signal. It is a composite of Quality (25), Value (29), and Momentum (16) factor ranks across MoatMap’s 19,000+ stock universe.
Does Forward Industries, Inc. have an economic moat?
Forward Industries, Inc. (FWDI) has a Quality factor score of 25/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Forward Industries, Inc. a buy, hold, or sell?
MoatMap’s current signal for Forward Industries, Inc. (FWDI) is Strong Sell, based on a StockRank of 1/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Forward Industries, Inc. in?
Forward Industries, Inc. (FWDI) operates in the Consumer Cyclical sector, specifically the Footwear & Accessories industry (United States).
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