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Upturn AI SWOT - About
FORD 
Forward Industries Inc (FORD)
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Upturn Advisory Summary
06/30/2025: FORD (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $0
1 Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 31.15% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 06/30/2025 |
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 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Forward Industries Inc
Company Overview
History and Background
Forward Industries Inc. was founded in 1962. Initially focused on manufacturing carrying cases, it has evolved into a global design, sourcing, and distribution partner for custom solutions, primarily carrying cases and accessories.
Core Business Areas
- Carrying Cases and Accessories: Designs, sources, and distributes carrying cases and accessories for various electronic devices, medical equipment, and other products.
- Design and Sourcing Solutions: Provides comprehensive design and sourcing services to original equipment manufacturers (OEMs) and other customers.
Leadership and Structure
Forward Industries Inc. is led by a management team including a CEO and CFO. The organizational structure includes departments for sales, marketing, operations, finance, and product development.
Top Products and Market Share
Key Offerings
- Carrying Cases for Medical Devices: Designs and manufactures carrying cases for medical devices, serving major players in the healthcare industry. While specific market share data is unavailable, the company competes with companies like Pelican Products and Case Logic in this specialized segment.
- Cases and Accessories for Consumer Electronics: Supplies cases and accessories for tablets, laptops, and other consumer electronic devices. Competitors include OtterBox, Spigen, and Incipio. Market share data is difficult to ascertain due to the fragmented nature of the consumer electronics accessory market.
Market Dynamics
Industry Overview
The carrying case and accessories market is influenced by trends in consumer electronics, medical devices, and industrial equipment. Growth is driven by demand for protection, portability, and customization.
Positioning
Forward Industries Inc. positions itself as a design and sourcing partner offering custom solutions to OEMs and other clients, focusing on specialized markets like medical devices.
Total Addressable Market (TAM)
The global protective carrying case market is estimated to be in the billions of USD. Forward Industries targets niche segments, giving them an indirect hold within the TAM.
Upturn SWOT Analysis
Strengths
- Established relationships with OEMs
- Design and sourcing expertise
- Focus on niche markets
- Global sourcing capabilities
Weaknesses
- Small market capitalization
- Limited brand recognition
- Dependence on key customers
- Potential supply chain disruptions
Opportunities
- Expansion into new geographic markets
- Development of innovative case designs
- Partnerships with technology companies
- Increasing demand for customized solutions
Threats
- Competition from larger players
- Fluctuations in raw material prices
- Changes in consumer preferences
- Economic downturns
Competitors and Market Share
Key Competitors
- PEL
- OTTR
- CASM
Competitive Landscape
Forward Industries competes with larger companies with greater resources. Its advantages lie in its specialized expertise and OEM relationships.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been moderate, influenced by the company's ability to secure and maintain OEM contracts.
Future Projections: Future growth projections (unavailable without access to analyst data) would depend on market trends and the company's ability to execute its strategy.
Recent Initiatives: Recent strategic initiatives (unavailable without access to real-time data) would involve new product development, market expansion, or cost-saving measures.
Summary
Forward Industries is a niche player in the carrying case and accessories market, leveraging design and sourcing expertise. While its size is a disadvantage, its OEM relationships are a strength. Monitoring supply chains and managing competition are critical for sustainable growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Market Analysis
Disclaimers:
This analysis is based on publicly available information and does not constitute financial advice. Market share estimates are approximate and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://forwardindustries.com |
Full time employees 100 | Website https://forwardindustries.com | ||
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.
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