Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Forward Industries's share price for the quarter that ended in Dec. 2023 was $0.7294. Forward Industries's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 10.06 Mil. Therefore, Forward Industries's market cap for the quarter that ended in Dec. 2023 was $7.34 Mil.
Forward Industries's quarterly market cap
declined
from Jun. 2023 ($9.66 Mil) to Sep. 2023 ($7.65 Mil) and
declined
from Sep. 2023 ($7.65 Mil) to Dec. 2023 ($7.34 Mil).
Forward Industries's annual market cap
declined
from Sep. 2021 ($24.05 Mil) to Sep. 2022 ($13.38 Mil) and
declined
from Sep. 2022 ($13.38 Mil) to Sep. 2023 ($7.65 Mil).
Enterprise Value is 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 and cash equivalents. Forward Industries's Enterprise Value for Today is $6.12 Mil.
Forward Industries Market Cap Historical Data
The historical data trend for Forward Industries's Market Cap 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.
Competitive Comparison of Forward Industries's Market Cap
For the Footwear & Accessories subindustry, Forward Industries's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Forward Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Forward Industries's Market Cap falls into.
Forward Industries Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Forward Industries's Market Cap for the fiscal year that ended in Sep. 2023 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) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Forward Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Forward Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Forward Industries (Forward Industries) Business Description
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.
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