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The historical rank and industry rank for Forward Industries's Net Margin % or its related term are showing as below:
MEX:FORD1'
s Net Margin % Range Over the Past 10 Years
Min: -2073.86 Med: -4.38 Max: 4
Current: -2073.86
MEX:FORD1's Net Margin % is ranked worse than 99.62% of 1042
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.72
vs MEX:FORD1: -2073.86
Forward Industries (MEX:FORD1) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Forward Industries Net Margin % Related Terms
Forward Industries Net Margin % Historical Data
* Premium members only.
The historical data trend for Forward Industries's Net Margin % 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.
MEX:FORD1 vs DBI, RCKY, FOSL: Net Margin % Comparison
For the Footwear & Accessories subindustry, Forward Industries's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Forward Industries's Net Margin % distribution charts can be found below:
* The bar in red indicates where Forward Industries's Net Margin % falls into.
* 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 (MEX:FORD1) has a Net Margin % of -639.69% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Forward Industries and its competitors. According to the industry distribution chart, Forward Industries ranks #1038 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 99.6%.
Is Forward Industries' Net Margin % too high?
Forward Industries' current Net Margin % is -639.69%. Based on the distribution chart, Forward Industries ranks #1038 out of 1042 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Forward Industries has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Forward Industries' Net Margin % compare to DBI and RCKY?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Forward Industries ranks #1038 out of 1042 companies for Net Margin %. This places Forward Industries in the lower half of its industry. The industry median Net Margin % is 2.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.72, based on 1,042 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Forward Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Industries's current Net Margin % is -639.69%. 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 Net Margin % of -639.69%. 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 Net Margin % is -639.69%. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Forward Industries (MEX:FORD1), the current Net Margin % is -639.69% 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:
Net Margin %: -639.69%
GF Value™: MXN2.67 vs. price of MXN63.41 (2274.9% above fair value)
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 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
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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