Forward Industries, Inc.FWDI

$4.41-0.22 (-4.75%)
NASDAQConsumer Cyclical24:00 UTC

Company snapshot

Market Cap
$419M
Small-cap
+103%
2016 — today
10-Year Price
-82%
2016 — today
52-Week Range
$3.69$39.00
Current $4.41· 2%

Forward Industries, Inc. (FWDI) specializes in the design, marketing, and distribution of protective and carrying solutions, primarily for handheld electronic devices. The company operates through three main segments: OEM Distribution: This division is responsible for sourcing and supplying carrying cases and complementary accessories for a wide range of items. These include medical monitoring and diagnostic kits, as well as various portable electronic and non-electronic products like sporting and recreational equipment, bar code scanners, GPS devices, tablets, and firearms. Retail Distribution: Through this segment, FWDI procures and sells smart-enabled furniture along with other products. These are distributed via agreements with various retailers, available both in physical stores and on online retail websites. Design: This segment offers specialized hardware and software product design and engineering services. Forward Industries sells its products to original equipment manufacturers (OEMs) across several global regions, including Asia-Pacific, the Americas, Europe, the Middle East, and Africa. The company was founded in 1961 and is headquartered in Hauppauge, New York.

Valuation in context

P/E ratio
-0.4
N/A
Not meaningful — company is unprofitable
P/B ratio
0.8
Near historic low
Near historic low — last 10 years
FCF Yield
-3.9%
Historically low
Historically low relative to the last 10 years
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