Forward Industries FWDI
NASDAQ FWDI
$7.79 -0.22 (-2.74%)
As of: Sep 30, 2026 · 3:59 PM EDT

Forward Industries (FWDI) EV to EBITDA (2013 - 2023)

Updated

Forward Industries' (FWDI) EV to EBITDA was 19.02 for fiscal Q1 2024 (quarter ended Dec 31, 2023), up 26.2% from 15.07 a year earlier and up 87.5% from the prior quarter.

Analysis

Forward Industries (FWDI) EV to EBITDA (2013 - 2023) Analysis & Trends

Over the twelve months ended Dec 31, 2023, Forward Industries' EV to EBITDA came in at -16.21; for FY2023 (ended Sep 30, 2023), it came in at 10.14, down 15.7% from FY2022.

  • By fiscal year, EV to EBITDA came in at 12.04 in FY2022.
  • The fiscal Q1 2024 figure ranks as the highest quarterly EV to EBITDA since fiscal Q2 2022.
  • Per Business Quant data, the three fiscal quarters before Q1 2024 came in at 10.14 (Q4 2023), 5.17 (Q3 2023) and 11.34 (Q2 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 43.15 Bn 43.21 Bn 1.60 Bn
2 Cognizant Technology Solutions 25.69 Bn 18.86 Bn 1.83 Bn
3 Td Synnex 20.64 Bn 14.68 Bn 1.34 Bn
4 Cdw 16.25 Bn 14.24 Bn 1.32 Bn
5 Cgi 15.05 Bn 12.83 Bn -
6 Arrow Electronics 11.71 Bn 10.74 Bn 1.13 Bn
7 Avnet 8.41 Bn 7.59 Bn 865.03 Mn
8 Ingram Micro Holding 6.34 Bn 1.95 Bn 958.68 Mn
9 EPAM Systems 5.52 Bn 1.16 Bn 429.57 Mn
10 Forward Industries 591.51 Mn 591.51 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 19.02
Sep 30, 2023 10.14
Jun 30, 2023 5.17
Mar 31, 2023 11.34
Dec 31, 2022 15.07
Sep 30, 2022 12.04
Mar 31, 2022 37.34
Jun 30, 2014 4.16
Mar 31, 2014 11.52
Dec 31, 2013 5.89
Sep 30, 2013 9.57
API Access

Forward Industries EV to EBITDA 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-ebitda&ticker=FWDI&period=max&api_key=YOUR_API_KEY