Forward Industries (MEX:FORD1) Construction In Progress: MXN0.0 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:FORD1 Forward Industries Inc MEX:FORD1
37 GF Score
Price MXN63.41
GF Value MXN2.67
! 5 Warning Signs
View Full Analysis

What is Forward Industries Construction In Progress?

Forward Industries MEX:FORD1 37 Construction In Progress is MXN0.0 Mil as of Jun. 2026. GuruFocus rates MEX:FORD1 with a GF Score™ of 37/100 and a GF Value™ of MXN2.67. The stock has 5 warning signs investors should review.

Forward Industries Construction In Progress Historical Data

* Premium members only.

The historical data trend for Forward Industries's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Forward Industries Construction In Progress Chart

Forward Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Forward Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
MEX:FORD1
37GF Score
Forward Industries Inc MEX:FORD1
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forward Industries Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of MXN0.0 Mil mean?
Forward Industries (MEX:FORD1) has a Construction In Progress of MXN0.0 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Forward Industries and its competitors.
Is Forward Industries' Construction In Progress too high?
Forward Industries' current Construction In Progress is MXN0.0 Mil. Overall, Forward Industries has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Forward Industries' Construction In Progress compare to DBI and RCKY?
Forward Industries' Construction In Progress of MXN0.0 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Manufacturing - Apparel & Accessories company?
A good Construction In Progress depends on the Manufacturing - Apparel & Accessories industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Forward Industries and its competitors. Forward Industries's current Construction In Progress is MXN0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Industries stock overvalued right now?
Forward Industries (MEX:FORD1) has a current Construction In Progress of MXN0.0 Mil. The stock's GF Value™ is MXN2.67, compared to a current price of MXN63.41 — trading 2274.9% above its estimated fair value. The current Construction In Progress is MXN0.0 Mil. Forward Industries' overall GF Score™ is 37/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Forward Industries (MEX:FORD1), the current Construction In Progress is MXN0.0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forward Industries (MEX:FORD1) Overvalued in 2026?

Based on GuruFocus' analysis, Forward Industries stock appears to be overvalued. The current stock price of MXN63.41 is trading 2274.9% above its estimated GF Value™ of MXN2.67.

Key valuation signals for MEX:FORD1:

  • Construction In Progress: MXN0.0 Mil
  • GF Value™: MXN2.67 vs. price of MXN63.41 (2274.9% above fair value)
  • GF Score™: 37/100 with 5 warning signs

No single metric tells the full story. See the MEX:FORD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Forward Industries Business Description

Other Exchanges FWDI:USA23I0:Germany
Address 700 Veterans Memorial Highway, Suite 100, Hauppauge, New York, NY, USA, 11788
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. Its mission is to expand and strengthen the Solana ecosystem by acquiring and staking SOL and engaging with, providing tools to, and investing in the Solana network, Solana developers, and Solana-related projects in order to increase shareholder value. In connection with a private placement transaction in September 2025, it launched a digital asset treasury idea supported by investors and operating partners, including Galaxy Digital and Jump Crypto.
37GF Score

Get the complete analysis for MEX:FORD1

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN63.41
Price
MXN2.67
GF Value