As of 2026-04-05, the EV/EBITDA ratio of Forward Industries Inc (FORD) is -155.20. EV/EBITDA ratio is calculated by dividing the enterprise value by the TTM EBITDA. FORD's latest enterprise value is 770.91 mil USD. FORD's TTM EBITDA according to its financial statements is -4.97 mil USD. Dividing these 2 quantities gives us the above FORD EV/EBITDA ratio.
Note: valuation result may not be accurate due to the company's negative EBITDA.
| Range | Selected | |
| Trailing P/E multiples | 4.4x - 6.1x | 5.0x |
| Forward P/E multiples | 5.1x - 8.9x | 7.0x |
| Fair Price | (0.30) - (0.36) | (0.35) |
| Upside | -103.3% - -103.9% | -103.8% |
| Date | EV/EBITDA |