Forward Industries (FWDI) EV to CFO (2013 - 2023)
Forward Industries' EV to CFO was 3.31 in fiscal Q1 2024 (quarter ended Dec 31, 2023), down 90.3% from 33.97 a year earlier and down 28.6% from the prior quarter.
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Analysis
Forward Industries (FWDI) EV to CFO (2013 - 2023) Analysis & Trends
On a trailing twelve-month basis, Forward Industries' EV to CFO was -2.82 through Dec 31, 2023; for FY2023 (ended Sep 30, 2023), it came in at 4.63, down 34.2% from FY2022.
- In earlier fiscal years, EV to CFO was 7.04 in FY2022.
- The fiscal Q1 2024 figure marks the lowest quarterly EV to CFO since fiscal Q3 2014.
- Compared with a year earlier, EV to CFO has declined for four straight quarters, with an average decline of 27.0% over the last six quarters.
- Per Business Quant data, FWDI's EV to CFO in the three fiscal quarters before Q1 2024 was 4.63 (Q4 2023), 7.28 (Q3 2023) and 7.93 (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn |
| 10 | Forward Industries | 576.01 Mn | 576.01 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 3.31 |
| Sep 30, 2023 | 4.63 |
| Jun 30, 2023 | 7.28 |
| Mar 31, 2023 | 7.93 |
| Dec 31, 2022 | 33.97 |
| Sep 30, 2022 | 7.04 |
| Jun 30, 2022 | 12.94 |
| Mar 31, 2022 | 68.56 |
| Dec 31, 2021 | 11.83 |
| Jun 30, 2021 | 176.47 |
| Dec 31, 2020 | 1,585.27 |
| Mar 31, 2020 | 38.60 |
| Sep 30, 2014 | 20.33 |
| Jun 30, 2014 | 0.74 |
| Mar 31, 2014 | 4.51 |
| Dec 31, 2013 | 4.66 |
| Sep 30, 2013 | 3.32 |
API Access
Forward Industries EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "FWDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();