Forward Industries Stock Gross Profit
| FORD Stock | USD 0.54 0.01 1.82% |
Forward Industries fundamentals help investors to digest information that contributes to Forward Industries' financial success or failures. It also enables traders to predict the movement of Forward Stock. The fundamental analysis module provides a way to measure Forward Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forward Industries stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 9.6 M | 6.6 M | |
| Gross Profit Margin | 0.23 | 0.26 |
Forward | Gross Profit |
Forward Industries Company Gross Profit Analysis
Forward Industries' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Forward Industries Gross Profit | 8.37 M |
Most of Forward Industries' fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Forward Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Forward Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Forward Industries is extremely important. It helps to project a fair market value of Forward Stock properly, considering its historical fundamentals such as Gross Profit. Since Forward Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forward Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forward Industries' interrelated accounts and indicators.
Click cells to compare fundamentals
Forward Gross Profit Historical Pattern
Today, most investors in Forward Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Forward Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Forward Industries gross profit as a starting point in their analysis.
Forward Industries Gross Profit |
| Timeline |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Forward Industries reported 8.37 M of gross profit. This is 99.95% lower than that of the Textiles, Apparel & Luxury Goods sector and 99.84% lower than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 99.97% higher than that of the company.
Forward Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forward Industries' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forward Industries could also be used in its relative valuation, which is a method of valuing Forward Industries by comparing valuation metrics of similar companies.Forward Industries is currently under evaluation in gross profit category among related companies.
Forward Industries Current Valuation Drivers
We derive many important indicators used in calculating different scores of Forward Industries from analyzing Forward Industries' financial statements. These drivers represent accounts that assess Forward Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Forward Industries' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 13.3M | 23.8M | 13.4M | 7.7M | 8.8M | 8.4M | |
| Enterprise Value | 18.2M | 27.9M | 15.8M | 8.8M | 10.1M | 15.8M |
Forward Fundamentals
| Return On Equity | -0.0321 | ||||
| Return On Asset | -0.003 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 6.48 M | ||||
| Shares Outstanding | 10.06 M | ||||
| Shares Owned By Insiders | 31.00 % | ||||
| Shares Owned By Institutions | 13.23 % | ||||
| Number Of Shares Shorted | 131.81 K | ||||
| Price To Earning | 33.29 X | ||||
| Price To Book | 2.32 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 36.69 M | ||||
| Gross Profit | 8.37 M | ||||
| EBITDA | 212.87 K | ||||
| Net Income | (3.74 M) | ||||
| Cash And Equivalents | 2.28 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 4.35 M | ||||
| Debt To Equity | 0.75 % | ||||
| Current Ratio | 1.45 X | ||||
| Book Value Per Share | 0.23 X | ||||
| Cash Flow From Operations | 1.04 M | ||||
| Short Ratio | 3.05 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 2.28 | ||||
| Number Of Employees | 100 | ||||
| Beta | 0.41 | ||||
| Market Capitalization | 5.51 M | ||||
| Total Asset | 17.39 M | ||||
| Retained Earnings | (17.69 M) | ||||
| Working Capital | 534.12 K | ||||
| Current Asset | 12.34 M | ||||
| Current Liabilities | 4.17 M | ||||
| Net Asset | 17.39 M |
About Forward Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forward Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forward Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forward Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.
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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.