FWDI vs PHOE

Comparison between Forward Industries Inc (FWDI, Company) and Phoenix Asia Holdings Ltd (PHOE, Company).

FWDI is from the Consumer Cyclical sector, while PHOE is from the Industrials sector.

FWDI vs PHOE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FWDI(COMPANY)	PHOE(COMPANY)
Market Cap	$344M	$344M
Max Drawdown	98.85%	92.47%
Sharpe Ratio	0.18	1.19
5Y Beta	0.64	-2.82
Industry	Footwear & Accessories	Engineering & Construction
P/E Ratio	-2.33	335.18
Forward P/E	44.44	N/A
PEG Ratio	2.53	N/A
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-4.22%	0.33%
P/S Ratio	7.58	49.61
P/B Ratio	0.62	47.23

Market Cap

Winner

FWDI

$344M

PHOE

$344M

Max Drawdown

FWDI

98.85%

Winner

PHOE

92.47%

Sharpe Ratio

FWDI

0.18

Winner

PHOE

1.19

5Y Beta

FWDI

0.64

Winner

PHOE

-2.82

Industry

FWDI

Footwear & Accessories

PHOE

Engineering & Construction

P/E Ratio

Winner

FWDI

-2.33

PHOE

335.18

Forward P/E

FWDI

44.44

PHOE

N/A

PEG Ratio

FWDI

2.53

PHOE

N/A

Debt to Equity

FWDI

0.00%

PHOE

0.00%

Free Cash Flow Yield

FWDI

-4.22%

Winner

PHOE

0.33%

P/S Ratio

Winner

FWDI

7.58

PHOE

49.61

P/B Ratio

Winner

FWDI

0.62

PHOE

47.23

FWDI vs PHOE - Historical Returns

Returns include dividend reinvestment.

Period	FWDI	PHOE
1 month	-11.58%	-8.80%
3 months	-22.46%	+0.92%
6 months	-53.89%	-6.88%
1 year	-35.86%	+343.05%
5 years(CAGR)	-31.90%	N/A
10 years(CAGR)	-10.91%	N/A
Max(CAGR)	-6.94%	+278.31%

FWDI

-11.58%

Winner

PHOE

-8.80%

FWDI

-22.46%

Winner

PHOE

+0.92%

FWDI

-53.89%

Winner

PHOE

-6.88%

FWDI

-35.86%

Winner

PHOE

+343.05%

5Y(CAGR)

FWDI

-31.90%

PHOE

N/A

10Y(CAGR)

FWDI

-10.91%

PHOE

N/A

Max(CAGR)

FWDI

-6.94%

Winner

PHOE

+278.31%

FWDI vs PHOE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FWDI	PHOE
2026	-45.69%	-1.72%
2025	+31.94%	+338.36%
2024	-31.35%	N/A
2023	-29.18%	N/A
2022	-34.66%	N/A
2021	-17.02%	N/A
2020	+80.20%	N/A
2019	-26.12%	N/A
2018	+4.00%	N/A
2017	+3.36%	N/A
2016	-12.59%	N/A
2015	+43.69%	N/A
2014	-36.97%	N/A
2013	+2.65%	N/A
2012	-11.38%	N/A
2011	-45.78%	N/A
2010	+58.62%	N/A
2009	-6.67%	N/A
2008	-5.91%	N/A
2007	-45.01%	N/A
2006	-54.11%	N/A
2005	+114.46%	N/A
2004	+50.90%	N/A
2003	+110.53%	N/A
2002	+10.10%	N/A
2001	-13.00%	N/A
2000	-69.39%	N/A
1999	+20.91%	N/A

FWDI vs PHOE Drawdown Comparison

The maximum drawdown for FWDI was -98.85%, occurring on Sep 24, 2024. This drawdown has not yet recovered.

The maximum drawdown for PHOE was -92.47%, occurring on Feb 11, 2026. This drawdown has not yet recovered.

The current FWDI drawdown is -98.62%. The current PHOE drawdown is -88.01%.

Rank	FWDI	PHOE
#1	-98.85% Sep 8, 2005 - Sep 24, 2024	-92.47% Jan 30, 2026 - Feb 11, 2026
#2	-85.50% Jan 27, 2000 - Dec 22, 2004	-44.96% Oct 23, 2025 - Jan 30, 2026
#3	-34.71% Apr 6, 2005 - May 9, 2005	-40.08% Jun 24, 2025 - Oct 3, 2025
#4	-30.48% Jun 6, 2005 - Jul 25, 2005	-30.12% Oct 7, 2025 - Oct 17, 2025
#5	-25.93% Dec 13, 1999 - Jan 25, 2000	-29.59% Apr 25, 2025 - May 27, 2025
#6	-18.17% Feb 3, 2005 - Mar 1, 2005	-8.83% May 27, 2025 - Jun 12, 2025
#7	-17.89% Aug 3, 2005 - Sep 8, 2005	-0.12% Oct 17, 2025 - Oct 21, 2025
#8	-17.77% Jan 24, 2005 - Feb 3, 2005	-0.08% Oct 3, 2025 - Oct 7, 2025
#9	-17.74% Dec 28, 2004 - Jan 20, 2005	N/A
#10	-15.71% Mar 2, 2005 - Mar 15, 2005	N/A
#11	-15.16% Nov 10, 1999 - Dec 9, 1999	N/A
#12	-8.84% May 26, 2005 - Jun 6, 2005	N/A
#13	-8.51% Nov 2, 1999 - Nov 10, 1999	N/A
#14	-6.79% May 9, 2005 - May 16, 2005	N/A
#15	-6.45% Jan 20, 2005 - Jan 24, 2005	N/A