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FWDI$4.66-0.85%
Fair $4.66+0.0%

FWDI

Forward Industries, Inc.

Consumer Cyclical / Footwear & AccessoriesNasdaqCM

$4.66

-0.04 (-0.85%)

Fairly Valued+0.0%Fair Value $4.66Fund rank 25/100 · Data gapFallback financials|
SA 18/F
F-Score: 4/9
Declining RevenueMargin CompressionLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 25%

FCF escenarios

weak_data · normalized FCF $454616.00 · quality 43.7/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 13/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

18/100

F

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 16Warnings: 3unknown: 16
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Revenue has declined for 4 consecutive years Operating margin has declined for 3 consecutive years ROE is -11.4%, below the 5% threshold
Thesis & Journal · FWDILocal privado en este navegador · Forward Industries, Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$348M

P/E

N/A

•

EV/EBITDA

N/A

•

ROE

-11.4%

↓

Gross Margin

28.5%

↓

Debt/Equity

0.00

↓
52-Week Range$5
$4$46

TradingView lightweight chart

FWDI price, volumen y niveles de valoración

Último $4.660Periodo -84.8%
Fair value: $4.660

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2010–2025 · 15 años de histórico normalizado

Revenue CAGR

—

FCF CAGR

—

FCF margin

-24.9%

FCF / Net income

0.03x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $18.2M · net income $-167.0M · FCF $-4.5M

2010-FY → 2025-FY

Gross margin

28.5%— pts

Operating margin

-35.0%— pts

Net margin

-918.1%— pts

FCF margin

-24.9%— pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Income Statement
Revenue$18.2M$18.2M$20.0M$36.7M$38.2M$39.0M$34.5M$37.4M$34.5M$24.8M———$30.9M$29.4M$22763.00—
Net Income$-167.0M$-167.0M$-2.0M$-3.7M$-1.4M$523805.00$-1.8M$-3.6M$1.4M$579346.00$606562.00$-1.4M$-799906.00$-206886.00$-9.6M$-2.9M$-1.7M
EBITDA$-168.7M$-168.7M$-1.7M$598805.00$885097.00$-437709.00$-1.7M$-2.8M$488841.00$620842.00$669708.00$-1.5M$-34195.00$781003.00$-3.2M$-2.1M$-1.5M
EPS-24.59-24.59-1.77-3.70-1.400.50-1.90-3.801.500.700.70-2.30-1.20-0.90-11.90-3.60-2.10
Gross Margin28.5%28.5%25.9%22.8%23.0%20.8%19.3%17.6%19.0%16.9%———20.6%13.2%22321.2%—
Operating Margin-35.0%-35.0%-9.8%0.4%1.5%-2.0%-5.7%-8.3%0.8%2.4%———2.3%-11.1%-9401.0%—
Net Margin-918.1%-918.1%-9.8%-10.2%-3.6%1.3%-5.1%-9.6%4.0%2.3%———-0.7%-32.8%-12742.3%—
Balance Sheet
Debt/Equity0.000.001.161.660.80—0.080.000.000.00———————
Current Ratio0.400.40———————————————
Cash Flow
Free Cash Flow$-4.5M$-4.5M$454616.00$904946.00$1.4M$-595518.00$-331402.00$-2.0M$900604.00$-137639.00$720163.00——$2.2M$-10.7M$-2.1M—
Returns
ROE-11.4%-11.4%-65.7%-142.8%-22.0%7.0%-27.0%-46.7%12.4%6.5%7.4%-19.6%-7.7%-2.2%-104.9%-15.5%-7.9%
Valuation
EV/EBITDA———15.0618.33————————————
P/B0.020.022.003.002.20————————————
Growth & Yield
Revenue Growth-9.0%-9.0%-45.5%-4.0%—13.2%-7.8%8.4%39.3%————5.1%129070.2%——
EPS Growth-1289.3%-1289.3%52.2%-164.3%—126.3%50.0%-353.3%114.3%0.0%130.4%-91.7%-33.3%92.4%-230.6%-71.4%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -26.8%

Total return

-26.8%

Start / end P/E

n/dx → n/dx

EPS bridge

-1.77 → -24.59

Residual

-26.8%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-26.8%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.