Added to YB: 2025-07-04
Pitch date: 2025-07-02
FORD [neutral]
Forward Industries, Inc.
+7.39%
current return
Author Info
The Value Road is a deep value investor that's interested in post bankruptcy, NAV, and undervalued micro and nano-cap stocks. I only invest in companies that have layers of value behind them, usually with little or no debt. Sign up for their newsletter.
Company Info
Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions.
Market Cap
$788.5M
Pitch Price
$7.04
Price Target
41.60 (+450%)
Dividend
N/A
EV/EBITDA
-181.25
P/E
-1.78
EV/Sales
31.58
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
The Value Road Hidden Nano-Cap - Forward Industries, Inc.
FORD (quick overview): Turnaround shifting to high-margin design-engineering after exiting low-margin segments. Improved governance, leadership & balance sheet. Catalysts: 'Hospital-at-Home' wins, $35M ATM equity line use, potential acquisition. <0.25× sales now; 3-6x upside if rerates to 1× sales or acquired.
Read full article (1 min)