Valuation Forward Industries, Inc.

Stocks

Market Closed - Nasdaq 00:00:00 23/09/2026 +04			5-day change	1st Jan Change
8.600 ^USD	+5.26%		+41.45%	+30.11%

09-22	B. Riley Raises Price Target on Forward Industries to $11 From $9, Keeps Buy Rating	MT
09-15	Forward Industries Makes Updated Non-Binding Proposal to Acquire SkyAI	MT

Data adjusted to current consolidation scope

Fiscal Period: September	2025	2026	2027	2028
Market Cap ¹	2,175	635.1	-	-
Change	-	-70.8%	-	-
Enterprise Value (EV)	2,175	635.1	635.1	635.1
Change	-	-70.8%	0%	0%
P/E	-1.04x	-0.86x	53.8x	27.7x
PBR	-	-	-	-
PEG	-	0x	-1x	0.3x
Capitalization / Revenue	-	11x	11.3x	6.5x
EV / Revenue	-	11x	11.3x	6.5x
EV / EBITDA	-	35.5x	57.3x	-
EV / EBIT	-	-0.71x	48.1x	21.2x
EV / FCF	-	-	-	-
FCF Yield	-	-	-	-
Dividend per Share ²	-	-	-	-
Rate of return	-	-	-	-
EPS ²	-24.59	-9.953	0.16	0.31
Distribution rate	-	-	-	-
Net sales ¹	-	57.61	56	97.65
EBITDA ¹	-	17.91	11.08	-
EBIT ¹	-	-889	13.22	30
Net income ¹	-167	-888.6	14.91	35
Net Debt	-	-	-	-
Reference price ²	25.570	8.600	8.600	8.600
Nbr of stocks (in thousands)	85,068	73,847	-	-
Announcement Date	11/12/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
FORWARD INDUSTRIES, INC.	-0.86x	-	-	-	635M
MITSUBISHI HC CAPITAL INC.	12.36x	4.23x	46.54x	3.85%	12.61B
POWER FINANCE CORPORATION LIMITED	5.81x	-	-	5.22%	11.94B
INDIAN RAILWAY FINANCE CORPORATION LIMITED	11.59x	-	-	4.25%	10.94B
REC LIMITED	4.76x	-	-	6.64%	8.46B
L&T FINANCE LIMITED	19.47x	14.97x	36.06x	1.21%	7.96B
ELEMENT FLEET MANAGEMENT CORP.	14.04x	-	-	2.88%	6.9B
CHAILEASE HOLDING COMPANY LIMITED	8.97x	8.59x	19.67x	5.46%	5.95B
Average	9.52x	9.26x	34.09x	4.22%	8.17B
Weighted average by Cap.	10.66x	8.43x	37.37x	4.26%