Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forward Industries's Enterprise Value is $20.98 Mil.
Forward Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 was $0.69 Mil. Therefore, Forward Industries's EV-to-EBIT ratio for today is 30.35.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Forward Industries's Enterprise Value is $20.98 Mil.
Forward Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2021 was $1.01 Mil. Therefore, Forward Industries's EV-to-EBITDA ratio for today is 20.69.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Forward Industries's Enterprise Value is $20.98 Mil.
Forward Industries's Revenue for the trailing twelve months (TTM) ended in Jun. 2021 was $36.68 Mil. Therefore, Forward Industries's EV-to-Revenue ratio for today is 0.57.
Forward Industries Enterprise Value Historical Data
The historical data trend for Forward Industries's Enterprise Value 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.
* Premium members only.
Forward Industries Annual Data
Trend
Sep11
Sep12
Sep13
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Enterprise Value
8.32
6.08
12.51
9.18
18.58
Forward Industries Quarterly Data
Sep16
Dec16
Mar17
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Enterprise Value
16.89
18.58
21.96
32.01
33.71
Competitive Comparison
For the Footwear & Accessories subindustry, Forward Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Forward Industries Enterprise Value Distribution
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Forward Industries's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Forward Industries's Enterprise Value falls into.
Forward Industries Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Forward Industries's Enterprise Value for the fiscal year that ended in Sep. 2020 is calculated as
* 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 (NAS:FORD) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Forward Industries's current Enterprise Value is $20.98 Mil.
Forward Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.69 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Forward Industries's current Enterprise Value is $20.98 Mil.
Forward Industries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.01 Mil.
Forward Industries's current Enterprise Value is $20.98 Mil.
Forward Industries's Revenue for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.68 Mil.
* 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Forward Industries's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Forward Industries Inc is a provider of carrying and protective solutions. It designs and distributes product protection for handheld electronic devices. Forward Industries sells soft-sided carrying cases for blood glucose diagnostic kits and portable consumer electronic devices such as smartphones, tablets, personal computers, notebooks, and Global Positioning System devices. It also offers bags, clips, hand straps, protective plates, and other accessories made of leather, nylon, vinyl, plastic, PVC, and other synthetic materials. It operates in two segments: distribution and design. The company sells its products globally and generates its revenue from the sale of protective solutions for diabetic products. It generates the majority of its revenue from the United States.
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