Projected Income Statement: Forward Industries, Inc.

Forecast Balance Sheet: Forward Industries, Inc.

Fiscal Period: September 2025 2026 2027 2028
Net Debt - - - -
Change - - - -
Announcement Date 12/11/25 - - -
Estimates

Cash Flow Forecast: Forward Industries, Inc.

Fiscal Period: September 2020 2021 2022 2023 2024 2025
CAPEX 1 0.0685 0.0672 0.1696 0.1361 0.0652 0.0258
Change - -1.82% 152.4% -19.78% -52.12% -60.44%
Free Cash Flow (FCF) 1 -1.016 -0.4421 1.844 4.693 -1.238 -3.109
Change - 56.48% 517.12% 154.51% -126.37% -151.2%
Announcement Date 12/17/20 12/16/21 12/16/22 12/21/23 12/27/24 12/11/25
1USD in Million
Estimates

Forecast Financial Ratios: Forward Industries, Inc.

Fiscal Period: September 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - 41.37% - -
EBIT Margin (%) - - - - - - -1,641.26% 33.36% 23.33%
EBT Margin (%) - - - - - - -1,641.88% 31.55% 20%
Net margin (%) - - - - - - -1,640.21% 36.82% 31.67%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA -2.64% -2.44% -3.8% 0.52% -6.74% -0.53% - - -
ROE -24.84% 7.47% -20.11% 3.57% -69.76% -22.96% - - -

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - - - - - - - - -
Change - - - - - - - - -
Book Value Per Share 1 - - - - - - - - -
Change - - - - - - - - -
EPS 1 - - - - - -24.59 -10.1 0.195 0.14
Change - - - - - - 58.91% 101.93% -28.21%
Nbr of stocks (in thousands) - - - - - 85,068 73,847 73,847 73,847
Announcement Date - - - - - 12/11/25 - - -
1USD
Estimates
2026 *2027 *
P/E -0.42x 21.9x
PBR - -
EV / Sales 5.55x 5.75x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
4.280USD
Average target price
7.833USD
Spread / Average Target
+83.02%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. FWDI Stock
  4. Financials Forward Industries, Inc.