Forward Industries Stock Net Asset
| 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.
Forward | Net Asset |
Forward Industries Company Net Asset Analysis
Forward Industries' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Forward Industries Net Asset | 17.39 M |
Most of Forward Industries' fundamental indicators, such as Net Asset, 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 Net Asset 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 Net Asset. 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
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Forward Total Assets
Total Assets |
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Based on the recorded statements, Forward Industries has a Net Asset of 17.39 M. This is much higher than that of the Textiles, Apparel & Luxury Goods sector and significantly higher than that of the Consumer Discretionary industry. The net asset for all United States stocks is notably lower than that of the firm.
Forward Net Asset 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 Net Asset 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 net asset 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 Industries Institutional Holders
Institutional Holdings refers to the ownership stake in Forward Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Forward Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Forward Industries' value.| Shares | Ubs Group Ag | 2023-12-31 | 2 K | Bank Of America Corp | 2023-12-31 | 1000 | Wells Fargo & Co | 2023-12-31 | 102 | Royal Bank Of Canada | 2023-09-30 | 100.0 | Advisor Group Holdings, Inc. | 2023-12-31 | 100.0 | Td Waterhouse Canada Inc | 2023-12-31 | 0.0 | Gmt Capital Corp | 2023-12-31 | 0.0 | Grassi Investment Management Llc | 2023-12-31 | 0.0 | Jpmorgan Chase & Co | 2023-12-31 | 0.0 | Renaissance Technologies Corp | 2023-12-31 | 529.3 K | Blackrock Inc | 2023-12-31 | 381.2 K |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forward Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forward Industries' short interest history, or implied volatility extrapolated from Forward Industries options trading.
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Try AI Portfolio ArchitectCheck out Forward Industries Piotroski F Score and Forward Industries Altman Z Score analysis. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.