NASDAQ · FWDI

Forward Industries, Inc.

$4.09 +$0.20 (+5.14%) 1D Pre-market

Key Metrics

$286.90M
Market cap
P/E · TTM
$42.85M
Revenue · TTM
−$1.03B
Net income
EPS · TTM $-10.65
Dividend yield
Free cash flow −$16.28M
Beta · 1Y 3.57
EBITDA · TTM −$1.03B
Gross margin 69.5%

The Story So Far

LAST 6 MONTHS PRIMARY SOURCES ONLY
  • Jul 16
    Money rotated out of high-beta cohorts market-wide.

    High-beta names lagged the blue-chips by 20.3 points over ten sessions around this date. Stocks in that cohort weren't falling alone — they fell together.

    RECEIPT: ROTATION GAUGE, LIVE
  • Jun 25
    From its Jan 30 high, the share price fell 45%.

    Peak close $6.49 on Jan 30; trough close $3.54 on Jun 25. The drawdown is the fact — the chapters around it are the context.

    RECEIPT: PRICE SERIES, PEAK-TO-TROUGH -45%
  • Mar 4
    The stock moved +17.2% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, Mar 4
  • Feb 6
    The stock moved +14.4% in a single session.

    Sessions this size usually pair with a chapter above or below — a filing, a headline, or the whole cohort moving together.

    RECEIPT: DAILY BAR, Feb 6

The story updates itself as events post · The wolf reports; you decide

Snapshot

Market cap$286.90M
Enterprise value
Shares outstanding73.8M
52-wk range$3.48 – $9.43
Avg volume · 20D1.0M
Net cash
Book value / share$5.68
IndustryFinance Services
ExchangeNASDAQ
About Forward Industries, Inc.
IPO dateMar 7, 1995
Employees60

Forward Industries Inc is a Solana-focused digital asset treasury company, with the idea to buy, hold, stake, trade, invest in, and grow SOL and SOL-related digital assets, protocols, and businesses.

Wolf Grade COMING SOON

The wolf is in training. Composite grades vs sector — profitability, health, value, momentum — arrive with the percentile engine. Methodology will be public.

Valuation

P/E
P/S6.70
P/FCF
EV/EBITDA
EV/Sales
Graham №

Profitability

Gross 69.5%
Operating -2,412.1%
Net -2,412.3%
FCF -38.0%
ROE / ROIC -187.4% · —

Financial Health

Current ratio0.40
Quick ratio
Debt / equity
Debt / EBITDA
Net cash
Working capital−$32.96M

Cash Flow · TTM

Operating CF −$16.26M
Capex −$22.29K
Free cash flow −$16.28M
Buybacks
Dividends paid
Shareholder yield

Piotroski F-Score

1 / 9
Weak fundamentals · 1 of 9 signals passing

Altman Z-Score

-5.0
Distress zone (< 1.81) · elevated risk

Graham Number vs Price

Requires positive earnings and book value
Fundamentals through 2026-03-31 · computed by TickerWolf from SEC filings