Forward Industries Inc
Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates through OEM Distribution and Design segments. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic pr… Read more
Market Cap & Net Worth: Forward Industries Inc (FORD)
Forward Industries Inc (NASDAQ:FORD) has a market capitalization of $980.10 Million ($980.10 Million) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #26636 globally and #8993 in its home market, demonstrating a -5.14% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Forward Industries Inc's stock price $11.34 by its total outstanding shares 86459465 (86.46 Million).
Forward Industries Inc Market Cap History: 2015 to 2026
Forward Industries Inc's market capitalization history from 2015 to 2026. Data shows change from $1.28 Billion to $980.10 Million (-1.09% CAGR).
Index Memberships
Forward Industries Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.26 Trillion | 0.00% | #2268 of 3165 |
Weight: Forward Industries Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Forward Industries Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Forward Industries Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
53.71x
Forward Industries Inc's market cap is 53.71 times its annual revenue
0.31x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $1.08 Billion | $27.48 Million | $606.56K | 39.33x | 1781.75x |
| 2017 | $1.06 Billion | $24.76 Million | $579.35K | 42.94x | 1835.61x |
| 2018 | $1.12 Billion | $34.50 Million | $1.38 Million | 32.58x | 814.87x |
| 2019 | $855.95 Million | $37.41 Million | -$3.60 Million | 22.88x | N/A |
| 2020 | $1.57 Billion | $34.48 Million | -$1.78 Million | 45.64x | N/A |
| 2021 | $1.35 Billion | $39.02 Million | $523.80K | 34.56x | 2574.94x |
| 2022 | $926.41 Million | $42.34 Million | -$1.38 Million | 21.88x | N/A |
| 2023 | $630.64 Million | $36.69 Million | -$3.74 Million | 17.19x | N/A |
| 2024 | $427.97 Million | $30.20 Million | -$1.95 Million | 14.17x | N/A |
| 2025 | $976.82 Million | $18.19 Million | -$167.00 Million | 53.71x | N/A |
Competitor Companies of FORD by Market Capitalization
Companies near Forward Industries Inc in the global market cap rankings as of March 18, 2026.
Key companies related to Forward Industries Inc by market ranking:
- Nike Inc (NYSE:NKE): Ranked #342 globally with a market cap of $63.89 Billion USD.
- Adidas AG (OTCQX:ADDDF): Ranked #696 globally with a market cap of $29.25 Billion USD.
- ASICS Corporation (PINK:ASCCF): Ranked #1263 globally with a market cap of $14.51 Billion USD.
- Deckers Outdoor Corporation (NYSE:DECK): Ranked #1279 globally with a market cap of $14.31 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #342 | Nike Inc | NYSE:NKE | $63.89 Billion | $54.79 |
| #696 | Adidas AG | OTCQX:ADDDF | $29.25 Billion | $215.00 |
| #1263 | ASICS Corporation | PINK:ASCCF | $14.51 Billion | $20.49 |
| #1279 | Deckers Outdoor Corporation | NYSE:DECK | $14.31 Billion | $101.71 |
Forward Industries Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Forward Industries Inc's market cap moved from $1.28 Billion to $ 980.10 Million, with a yearly change of -1.09%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $980.10 Million | +0.34% |
| 2025 | $976.82 Million | +128.24% |
| 2024 | $427.97 Million | -32.14% |
| 2023 | $630.64 Million | -31.93% |
| 2022 | $926.41 Million | -31.31% |
| 2021 | $1.35 Billion | -14.29% |
| 2020 | $1.57 Billion | +83.84% |
| 2019 | $855.95 Million | -23.85% |
| 2018 | $1.12 Billion | +5.69% |
| 2017 | $1.06 Billion | -1.60% |
| 2016 | $1.08 Billion | -15.54% |
| 2015 | $1.28 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Forward Industries Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $980.10 Million USD |
| MoneyControl | $980.10 Million USD |
| MarketWatch | $980.10 Million USD |
| marketcap.company | $980.10 Million USD |
| Reuters | $980.10 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.