Corpay (NYSE:CPAY) vs. Forward Industries (NASDAQ:FWDI) Financial Contrast

Forward Industries (NASDAQ:FWDI) and Corpay (NYSE:CPAY) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, institutional ownership, dividends, risk, profitability, analyst recommendations and valuation.

Analyst Ratings

This is a summary of recent ratings for Forward Industries and Corpay, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Forward Industries	1	1	2	0	2.25
Corpay	0	3	11	0	2.79

Forward Industries presently has a consensus price target of $13.50, indicating a potential upside of 109.95%. Corpay has a consensus price target of $450.00, indicating a potential upside of 7.45%. Given Forward Industries’ higher possible upside, equities analysts clearly believe Forward Industries is more favorable than Corpay.

Volatility and Risk

Forward Industries has a beta of 0.92, meaning that its stock price is 8% less volatile than the S&P 500. Comparatively, Corpay has a beta of 0.94, meaning that its stock price is 6% less volatile than the S&P 500.

Insider and Institutional Ownership

98.8% of Corpay shares are owned by institutional investors. 15.9% of Forward Industries shares are owned by insiders. Comparatively, 5.2% of Corpay shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Forward Industries	-2,073.82%	-18.05%	-17.03%
Corpay	22.72%	42.18%	6.34%

Earnings & Valuation

This table compares Forward Industries and Corpay”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Forward Industries	$18.19 million	26.11	-$166.97 million	$0.12	53.58
Corpay	$4.53 billion	6.07	$1.07 billion	$16.43	25.49

Corpay has higher revenue and earnings than Forward Industries. Corpay is trading at a lower price-to-earnings ratio than Forward Industries, indicating that it is currently the more affordable of the two stocks.

Summary

Corpay beats Forward Industries on 10 of the 14 factors compared between the two stocks.

About Forward Industries

Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for handheld electronic devices. The company operates in three segments: OEM Distribution, Retail Distribution, and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS devices, tablets, and firearms. The Retail Distribution segment sources and sells smart-enabled furniture and a range of other products through agreements with various retailers, including in stores and online retailer websites. The Design segment provides hardware and software product design and engineering services. The company sells its products to original equipment manufacturers in the Asia-Pacific, the Americas, Europe, the Middle East, and Africa. Forward Industries, Inc. was incorporated in 1961 and is headquartered in Hauppauge, New York.

About Corpay

Volatus is a leader in innovative global aerial solutions for intelligence and cargo. With over 100 years of combined institutional knowledge in aviation, Volatus provides comprehensive solutions using both piloted and remotely piloted aircraft systems for a wide array of industries, including oil and gas, energy utilities, healthcare, public safety, and infrastructure. The Company is committed to enhancing operational efficiency, safety, and sustainability through cutting-edge aerial technologies.