Forward Industries (NASDAQ:FORD) & Northann (NYSE:NCL) Financial Analysis

Forward Industries (NASDAQ:FORD) and Northann (NYSE:NCL) are both small-cap consumer discretionary companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, dividends, valuation, profitability, risk, analyst recommendations and institutional ownership.

Institutional and Insider Ownership

0.3% of Northann shares are held by institutional investors. 26.4% of Forward Industries shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Forward Industries and Northann”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Forward Industries	$31.36 million	0.12	-$3.74 million	N/A	N/A
Northann	$15.18 million	0.26	-$7.13 million	N/A	N/A

Forward Industries has higher revenue and earnings than Northann.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Forward Industries and Northann, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Forward Industries	0	0	0	0	N/A
Northann	0	0	0	0	N/A

Profitability

This table compares Forward Industries and Northann’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Forward Industries	-10.22%	-52.85%	-6.67%
Northann	-49.80%	-6,763.31%	-54.75%

Summary

Forward Industries beats Northann on 6 of the 8 factors compared between the two stocks.

About Forward Industries

Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates in two segments: OEM Distribution and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS location devices, tablets, and firearms. The Design segment provides hardware and software product design and engineering services. The company sells its products to original equipment manufacturers in the United States, China, Germany, Poland, and internationally. Forward Industries, Inc. was incorporated in 1961 and is based in Hauppauge, New York.

About Northann

Northann Corp. engages in the manufacture, wholesale, and retail of the 3D printed vinyl flooring panels and other decorative panels in North America, Europe, and internationally. The company offers its products under the Benchwick brand name. Northann Corp. was founded in 2013 and is based in Elk Grove, California.