Highlights
- Market Cap
- $439.01M
- Enterprise Value
- $416.48M
- EPS (TTM)
- -$21.08
- Total Revenue (TTM)
- $33.01M
- Gross Profit (TTM)
- $20.54M
- EBITDA (TTM)
- -$753.90M
- Year Range
- $4.03 - $46.00
- ROA (TTM)
- -84.21%
- ROE (TTM)
- -85.36%
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Forward Industries, Inc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
Forward Industries, Inc (FWDI) has returned -32.98% so far this year and 6.75% over the past 12 months. Over the last ten years, FWDI has returned -10.07% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
Forward Industries, Inc
- 1D
- 2.78%
- 1M
- 4.48%
- YTD
- -32.98%
- 6M
- -82.68%
- 1Y
- 6.75%
- 3Y*
- -26.48%
- 5Y*
- -30.94%
- 10Y*
- -10.07%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Jun 15, 1995, FWDI's average daily return is +0.21%, while the average monthly return is +1.89%. At this rate, your investment would double in approximately 3.1 years.
Historically, 44% of months were positive and 56% were negative. The best month was Dec 1997 with a return of +125.0%, while the worst month was Aug 1998 at -53.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 8 months.
On a daily basis, FWDI closed higher 43% of trading days. The best single day was Aug 11, 2015 with a return of +161.3%, while the worst single day was Dec 18, 1996 at -53.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.82% | -34.67% | 4.48% | -32.98% | |||||||||
| 2025 | 21.41% | -20.47% | -13.18% | 62.65% | -5.63% | -8.32% | 107.36% | 25.68% | 68.00% | -43.72% | -38.15% | -25.73% | 33.54% |
| 2024 | -0.67% | -10.14% | -6.70% | -11.49% | -8.67% | -3.05% | -16.60% | -6.05% | 0.00% | -5.63% | 15.34% | 21.92% | -32.14% |
| 2023 | 17.59% | -10.32% | -1.33% | -8.52% | 0.98% | -6.80% | -9.27% | -5.61% | -7.51% | -6.55% | -0.08% | 2.73% | -31.93% |
| 2022 | -1.92% | 2.61% | 9.55% | -5.23% | -12.27% | 2.80% | 16.33% | -8.19% | -15.29% | -1.50% | -5.34% | -13.59% | -31.31% |
| 2021 | 73.08% | 14.92% | -21.27% | -5.26% | 5.56% | 3.86% | -11.49% | -0.76% | -8.08% | -5.44% | -18.81% | -14.99% | -14.29% |
Benchmark Metrics
Forward Industries, Inc has an annualized alpha of 61.21%, beta of 0.53, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since June 16, 1995.
- This stock participated in 73.36% of S&P 500 Index downside but only 22.80% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.53 may look defensive, but with R² of 0.01 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R² of 0.01 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 61.21%
- Beta
- 0.53
- R²
- 0.01
- Upside Capture
- 22.80%
- Downside Capture
- 73.36%
Return for Risk
Risk / Return Rank
FWDI ranks 48 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Forward Industries, Inc (FWDI) and compare them to a chosen benchmark (S&P 500 Index).
| FWDI | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.05 | 0.90 | -0.84 |
Sortino ratioReturn per unit of downside risk | 1.16 | 1.39 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.21 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.11 | 1.40 | -1.29 |
Martin ratioReturn relative to average drawdown | 0.18 | 6.61 | -6.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore FWDI risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Forward Industries, Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Forward Industries, Inc was 98.85%, occurring on Sep 24, 2024. The portfolio has not yet recovered.
The current Forward Industries, Inc drawdown is 98.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -98.85% | Sep 9, 2005 | 4792 | Sep 24, 2024 | — | — | — |
| -93.92% | Apr 15, 1996 | 192 | Jan 15, 1997 | 2016 | Jan 20, 2005 | 2208 |
| -53.66% | Dec 27, 1995 | 2 | Dec 28, 1995 | 21 | Jan 29, 1996 | 23 |
| -52.56% | Dec 4, 1995 | 1 | Dec 4, 1995 | 6 | Dec 12, 1995 | 7 |
| -51.39% | Nov 22, 1995 | 1 | Nov 22, 1995 | 3 | Nov 28, 1995 | 4 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Forward Industries, Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Forward Industries, Inc is priced in the market compared to other companies in the Footwear & Accessories industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for FWDI relative to other companies in the Footwear & Accessories industry. Currently, FWDI has a P/S ratio of 4.8. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for FWDI in comparison with other companies in the Footwear & Accessories industry. Currently, FWDI has a P/B value of 0.5. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
Income Statement
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EBITDA | — |
EBIT | — |
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Net Income | — |
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Net Interest Income | — |