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Forward Industries (Forward Industries) EV-to-EBIT

: 19.61 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forward Industries's Enterprise Value is $6.36 Mil. Forward Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $0.32 Mil. Therefore, Forward Industries's EV-to-EBIT for today is 19.61.

The historical rank and industry rank for Forward Industries's EV-to-EBIT or its related term are showing as below:

FORD' s EV-to-EBIT Range Over the Past 10 Years
Min: -158.87   Med: 7.3   Max: 184.1
Current: 19.61

During the past 13 years, the highest EV-to-EBIT of Forward Industries was 184.10. The lowest was -158.87. And the median was 7.30.

FORD's EV-to-EBIT is ranked worse than
63.31% of 804 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 15.145 vs FORD: 19.61

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Forward Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $8.31 Mil. Forward Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $0.32 Mil. Forward Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.90%.


Forward Industries EV-to-EBIT Historical Data

The historical data trend for Forward Industries's EV-to-EBIT 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 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.69 -11.68 40.42 27.49 31.17

Forward Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 44.30 -62.41 -33.39 31.17 25.65

Competitive Comparison

For the Footwear & Accessories subindustry, Forward Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Forward Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Forward Industries's EV-to-EBIT falls into.



Forward Industries EV-to-EBIT Calculation

Forward Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6.355/0.324
=19.61

Forward Industries's current Enterprise Value is $6.36 Mil.
Forward Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.32 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  (NAS:FORD) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Forward Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=0.324/8.31063928
=3.90 %

Forward Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $8.31 Mil.
Forward Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.32 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Forward Industries's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Forward Industries (Forward Industries) Business Description

Traded in Other Exchanges
N/A
Address
700 Veterans Memorial Highway, Suite 100, Hauppauge, New York, NY, USA, 11788
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 operates in two segments, the OEM distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits and a variety of other portable electronic and non-electronic devices directly to OEMs; The design segment provides a full spectrum of hardware and software product design and engineering services. The majority of revenue is generated from the US.
Executives
Kathleen Weisberg officer: Chief Financial Officer 700 VETERANS MEMORIAL HWY, SUITE 100, HAUPPAUGE NY 11788
Sangita Shah director C/O FORWARD INDUSTRIES, INC., 477 ROSEMARY AVE., STE. 219, WEST PALM BEACH FL 33401
Sharon Hemond Hrynkow director 4816 KING SOLOMON DRIVE, ANNADALE VA 22003
James W Zigler director
Wild Robert W Jr. officer: COO of Subsidiary 700 VETERANS HWY, SUITE 100, HAUPPAUGE NY 11788
Mitchell Maiman officer: President of Subsidiary 700 VETERANS MEMORIAL HIGHWAY, SUITE 100, HAUPPAUGE NY 11788
Paul Jean Severino officer: COO of Subsidiary 700 VETERANS MEMORIAL HIGHWAY, SUITE 100, HAUPPAUGE NY 11788
Thomas Edward Kramer officer: CEO to Subsidiary 8560 COTTONWOOD ST. NW, SUITE 100, MINNEAPOLIS MN 55433
Anthony Camarda officer: Chief Financial Officer 700 VETERANS HWY, SUITE 100, HAUPPAUGE NY 11788
Douglas David Matthews officer: Sr VP/Chief Operating Officer 477 S. ROSEMARY AVE., SUITE 219, WEST PALM BEACH FL 33401
Jenny P. Yu 10 percent owner 9255 DOHENY ROAD, APT. 2905, WEST HOLLYWOOD CA 90069
James M Frost director 477 S. ROSEMARY AVE., SUITE 219, WEST PALM BEACH FL 33401
Michael L. Luetkemeyer director 411 LANDMARK DRIVE, WILMINGTON NC 28412
Sharon Hrynkow director C/O FORWARD INDUSTRIES, INC., 477 ROSEMARY AVE., STE. 219, WEST PALM BEACH FL 33401
Michael D Matte officer: Chief Financial Officer

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