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FORD logo FORD
Upturn stock ratingUpturn stock rating
FORD logo

Forward Industries Inc (FORD)

Upturn stock ratingUpturn stock rating
$14.66
Last Close (24-hour delay)
Profit since last BUY76.2%
upturn advisory
Strong Buy
BUY since 27 days
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  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/14/2025: FORD (3-star) is a STRONG-BUY. BUY since 27 days. Profits (76.20%). Updated daily EoD!

Upturn Star Rating

rating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit 131.09%
Avg. Invested days 29
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 6.82M USD
Price to earnings Ratio -
1Y Target Price 2.28
Price to earnings Ratio -
1Y Target Price 2.28
Volume (30-day avg) -
Beta 0.57
52 Weeks Range 3.10 - 8.97
Updated Date 06/29/2025
52 Weeks Range 3.10 - 8.97
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -3.34

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -11.55%
Operating Margin (TTM) -58.34%

Management Effectiveness

Return on Assets (TTM) -14.72%
Return on Equity (TTM) -137.42%

Valuation

Trailing PE -
Forward PE 44.44
Enterprise Value 13321228
Price to Sales(TTM) 0.25
Enterprise Value 13321228
Price to Sales(TTM) 0.25
Enterprise Value to Revenue 0.48
Enterprise Value to EBITDA 20.89
Shares Outstanding 1126000
Shares Floating 608175
Shares Outstanding 1126000
Shares Floating 608175
Percent Insiders 29.83
Percent Institutions 8.47

ai summary icon Upturn AI SWOT

Forward Industries Inc

stock logo

Company Overview

overview logo History and Background

Forward Industries, founded in 1962, designs and sources custom carrying solutions and accessories for various industries. Initially focused on leather products, it has evolved to offer a wide range of protective cases and accessories.

business area logo Core Business Areas

  • Carry Solutions: Design, sourcing, and distribution of custom-designed cases, bags, and accessories for handheld devices, medical equipment, and other products.

leadership logo Leadership and Structure

Forward Industries' leadership includes a CEO, CFO, and a board of directors. The organizational structure typically involves departments for sales, marketing, operations, finance, and product development.

Top Products and Market Share

overview logo Key Offerings

  • Custom Cases and Bags: Protective cases and bags for medical devices, tablets, laptops, and other electronic equipment. While specific market share is not readily available, this is a competitive market with many providers. Competitors include Case Logic, Pelican, and OtterBox (via product line diversification).

Market Dynamics

industry overview logo Industry Overview

The carrying case and accessories industry is driven by the demand for protection and portability of electronic devices and medical equipment. Growth is influenced by technology trends and consumer preferences.

Positioning

Forward Industries specializes in custom-designed solutions, often serving niche markets with specific requirements. Their competitive advantage lies in their design capabilities and sourcing expertise.

Total Addressable Market (TAM)

The global protective case market is estimated to be in billions of USD. Forward Industries targets specific segments within this market through custom designs, positioning them to capture a share of the medical and electronics markets.

Upturn SWOT Analysis

Strengths

  • Custom design capabilities
  • Sourcing expertise
  • Established relationships with manufacturers
  • Experience in various industries

Weaknesses

  • Reliance on few customers
  • Small scale compared to larger competitors
  • Vulnerable to supply chain disruptions
  • Limited brand recognition

Opportunities

  • Expanding into new markets
  • Developing innovative carrying solutions
  • Partnering with device manufacturers
  • Increasing online presence

Threats

  • Increased competition
  • Changing technology trends
  • Economic downturns
  • Fluctuations in raw material costs

Competitors and Market Share

competitor logo Key Competitors

  • OTTR
  • MLKN
  • CLGX

Competitive Landscape

Forward Industries competes with larger companies with greater resources. Its advantage lies in its custom design capabilities and niche market focus.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been moderate and fluctuates depending on contracts and market demand.

Future Projections: Future growth depends on securing new contracts and expanding into new markets. Analyst estimates are important to keep track of.

Recent Initiatives: Recent initiatives include focusing on high-growth market segments and enhancing online sales channels.

Summary

Forward Industries is a small player in a competitive market with strengths in custom design and sourcing. It faces challenges from larger competitors and reliance on key customers. Success depends on expanding into new markets and securing new contracts. Monitoring market changes and costs is critical.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Market Reports
  • Industry Analysis

Disclaimers:

This analysis is based on publicly available information and analyst estimates. Actual results may vary. Market share data is estimated.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Forward Industries Inc

Exchange NASDAQ
Headquaters Hauppauge, NY, United States
IPO Launch date 1995-06-15
CEO -
Sector Consumer Cyclical
Industry Footwear & Accessories
Full time employees 100
Full time employees 100

Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates through OEM Distribution and Design segments. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS location devices, tablets, and firearms. The Design segment provides hardware and software product design and engineering services. Forward Industries, Inc. sells its products to original equipment manufacturers in the United States, Poland, Germany, China, and internationally. The company was incorporated in 1961 and is based in Hauppauge, New York.