Forward Return On Tangible Assets from 2010 to 2024

FORD Stock  USD 0.53  0.01  1.92%   
Forward Industries' Return On Tangible Assets are decreasing over the years with very volatile fluctuation. Overall, Return On Tangible Assets are projected to go to -0.28 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.29)
Current Value
(0.28)
Quarterly Volatility
0.17626265
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forward Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forward main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.5 K, Interest Expense of 89.1 K or Total Revenue of 28.3 M, as well as many exotic indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0026 or PTB Ratio of 2.29. Forward financial statements analysis is a perfect complement when working with Forward Industries Valuation or Volatility modules.
  
This module can also supplement various Forward Industries Technical models . Check out the analysis of Forward Industries Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

Latest Forward Industries' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Forward Industries over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Forward Industries' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forward Industries' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Forward Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.13)
Coefficient Of Variation(137.21)
Mean Deviation0.14
Median(0.11)
Standard Deviation0.18
Sample Variance0.03
Range0.6512
R-Value(0.1)
Mean Square Error0.03
R-Squared0.01
Significance0.72
Slope(0)
Total Sum of Squares0.43

Forward Return On Tangible Assets History

2023 -0.29
2022 -0.25
2021 -0.0763
2020 0.0312
2018 -0.28
2017 0.0882
2016 0.044

About Forward Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Forward Industries income statement, its balance sheet, and the statement of cash flows. Forward Industries investors use historical funamental indicators, such as Forward Industries's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Forward Industries investors may use each financial statement separately, they are all related. The changes in Forward Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Forward Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Forward Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Forward Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.29)(0.28)

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Forward Industries is a strong investment it is important to analyze Forward Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Industries' future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out the analysis of Forward Industries Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Forward Stock analysis

When running Forward Industries' price analysis, check to measure Forward Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forward Industries is operating at the current time. Most of Forward Industries' value examination focuses on studying past and present price action to predict the probability of Forward Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Industries' price. Additionally, you may evaluate how the addition of Forward Industries to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Money Managers
Screen money managers from public funds and ETFs managed around the world
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Fundamental Analysis
View fundamental data based on most recent published financial statements
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Is Forward Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Industries. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
(0.01)
Revenue Per Share
3.388
Quarterly Revenue Growth
(0.27)
Return On Assets
(0)
The market value of Forward Industries is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Industries' value that differs from its market value or its book value, called intrinsic value, which is Forward Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Industries' market value can be influenced by many factors that don't directly affect Forward Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.