Fossil Group, Inc. (FOSL) vs Forward Industries, Inc. (FWDI)

Fossil Group, Inc. and Forward Industries, Inc. are both Footwear & Accessories companies. Forward Industries, Inc. is the larger, with a market value of $614.4M against $337.7M — 1.8× the size. Forward Industries, Inc. grew revenue faster over the last twelve months: 309.5% against −9.10%. Fossil Group, Inc. has the higher net margin (−7.09% vs −2,073.8%) and the higher return on invested capital (−1.76% vs −127.6%). Across the 18 metrics below, Fossil Group, Inc. leads on 14 and Forward Industries, Inc. on 4.

Valuation

Metric FOSL FWDI Footwear & Accessories median
P/E n/m n/m 15.26
P/S 0.37 13.74 1.16
P/B 4.95 1.54 2.59
Price to free cash flow n/m n/m 12.20
EV/EBITDA 83.71 n/m 8.91
EV/Sales 0.50 13.52 1.24
Earnings yield (20.67%) (374.73%) 6.11%
Free cash flow yield (10.15%) (132.54%) 4.85%

Profitability

Metric FOSL FWDI Footwear & Accessories median
Gross margin 56.73% 70.56% 49.76%
Operating margin (0.57%) (1,771.61%) 8.44%
Net margin (7.09%) (2,073.82%) 5.64%
Free cash flow margin (3.77%) (1,821.29%) 8.18%
Return on equity (67.21%) (466.18%) 12.45%
Return on assets (10.29%) (360.71%) 6.15%
Return on invested capital (1.76%) (127.61%) 9.58%

Growth

Metric FOSL FWDI Footwear & Accessories median
Revenue growth (TTM) (9.10%) 309.45% 3.68%
EPS growth (last fiscal year) 25.26% (1,289.27%) —
Revenue growth, 5-year CAGR (9.04%) (12.01%) 7.17%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FOSL FWDI Footwear & Accessories median
Debt to equity 2.74 0.00 0.46
Current ratio 1.76 0.17 1.96
Net debt to EBITDA (13.61) 6.33 1.00

Dividend

Metric FOSL FWDI Footwear & Accessories median
Dividend yield — — 2.20%
Payout ratio 0.00 0.00 0.00

Size

Metric FOSL FWDI Footwear & Accessories median
Market cap 337.68m 614.40m 614.40m

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