Forward Industries FWDI
NASDAQ FWDI
$8.20 +0.37 (+4.73%)
As of: Oct 2, 2026 · 10:58 AM EDT

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

Updated

Forward Industries' (FWDI) EV to FCF stood at 3.61 in fiscal Q1 2024 (quarter ended Dec 31, 2023), down 95.7% from 84.69 a year earlier and down 32.2% from the prior quarter.

Analysis

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

On a TTM basis, Forward Industries' EV to FCF came in at -3.08 as of Dec 31, 2023; for FY2023 (ended Sep 30, 2023), it came in at 5.33, down 32.7% from FY2022.

  • Across earlier fiscal years, EV to FCF came in at 7.92 in FY2022.
  • The fiscal Q1 2024 figure is the lowest quarterly EV to FCF since fiscal Q3 2014.
  • On a year-over-year basis, EV to FCF has declined for four consecutive quarters, with growth averaging 31.1% over the last six quarters.
  • Per Business Quant, the preceding three fiscal quarters came in at 5.33 (Q4 2023), 8.62 (Q3 2023) and 8.79 (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

Historic Data

Download Data
DateValue
Dec 31, 2023 3.61
Sep 30, 2023 5.33
Jun 30, 2023 8.62
Mar 31, 2023 8.79
Dec 31, 2022 84.69
Sep 30, 2022 7.92
Jun 30, 2022 15.24
Mar 31, 2022 221.70
Dec 31, 2021 13.03
Jun 30, 2021 329.35
Mar 31, 2020 45.47
Sep 30, 2014 23.71
Jun 30, 2014 0.76
Mar 31, 2014 4.77
Dec 31, 2013 4.96
Sep 30, 2013 3.43
API Access

Forward Industries EV to FCF 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-fcf&ticker=FWDI&period=max&api_key=YOUR_API_KEY