Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
FWDI
STRONG SELLForward Industries, Inc. · Consumer Cyclical · United States · $287M · Avg Vol: $6M/d
COMPANY DESCRIPTION
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.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 38.2M | 36.7M | 20.0M | 18.2M | -21.9% | 44.8M | 60.5M | 53.9M | 72.1% |
| EPS | -0.02 | -0.05 | -0.03 | -24.59 | — | -32.59 | — | — | — |
| Shares | 73.8M | 73.8M | 73.8M | 86.1M | +16.8% | 73.8M | — | — | — |
| Debt | 5.0M | 4.3M | 3.4M | 2.5M | -20.3% | — | — | — | — |
| Equity | 6.3M | 2.6M | 3.0M | 1.5B | 516.8% | — | — | — | — |
| Op CF | 1.5M | 1.0M | 0.5M | -4.5M | -41.8% | -16.3M | — | — | — |
| Inv CF | -0.2M | -0.1M | -65.2K | -901.5M | — | — | — | — | — |
| Fin CF | -0.2M | -0.3M | -0.5M | 941.4M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of FWDI are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| FWDI | Forward Industries, Inc.(you) | $287M | 3 | STRONG SELL |
| DBI | Designer Brands Inc. | $277M | 57 | HOLD |
| FOSL | Fossil Group, Inc. | $239M | 55 | HOLD |
| RCKY | Rocky Brands, Inc. | $304M | 69 | BUY |
| VRA | Vera Bradley, Inc. | $105M | 70 | BUY |
| WEYS | Weyco Group, Inc. | $364M | 97 | STRONG BUY |
| LVWR | LiveWire Group, Inc. | $299M | 0 | STRONG SELL |
| WWW | Wolverine World Wide, Inc. | $1.5B | 75 | BUY |
| ORBS | Eightco Holdings Inc. | $234M | 1 | STRONG SELL |
| NEGG | Newegg Commerce, Inc. | $296M | 10 | STRONG SELL |
Peer medians: ROE 10.0% · P/E 22.6x · Gross margin 37.5%