PHOE vs FWDI

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

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

PHOE vs FWDI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PHOE(COMPANY)	FWDI(COMPANY)
Market Cap	$344M	$344M
Max Drawdown	92.47%	98.85%
Sharpe Ratio	1.19	0.23
5Y Beta	-2.81	0.64
Industry	Engineering & Construction	Footwear & Accessories
P/E Ratio	335.18	-2.33
Forward P/E	N/A	44.44
PEG Ratio	N/A	2.53
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	0.33%	-4.22%
P/S Ratio	49.61	7.58
P/B Ratio	47.23	0.62

Market Cap

PHOE

$344M

Winner

FWDI

$344M

Max Drawdown

Winner

PHOE

92.47%

FWDI

98.85%

Sharpe Ratio

Winner

PHOE

1.19

FWDI

0.23

5Y Beta

Winner

PHOE

-2.81

FWDI

0.64

Industry

PHOE

Engineering & Construction

FWDI

Footwear & Accessories

P/E Ratio

PHOE

335.18

Winner

FWDI

-2.33

Forward P/E

PHOE

N/A

FWDI

44.44

PEG Ratio

PHOE

N/A

FWDI

2.53

Debt to Equity

PHOE

0.00%

FWDI

0.00%

Free Cash Flow Yield

Winner

PHOE

0.33%

FWDI

-4.22%

P/S Ratio

PHOE

49.61

Winner

FWDI

7.58

P/B Ratio

PHOE

47.23

Winner

FWDI

0.62

PHOE vs FWDI - Historical Returns

Returns include dividend reinvestment.

Period	PHOE	FWDI
1 month	-6.97%	-6.01%
3 months	+1.24%	-3.43%
6 months	-3.33%	-50.41%
1 year	+352.22%	-30.02%
5 years(CAGR)	N/A	-30.75%
10 years(CAGR)	N/A	-10.36%
Max(CAGR)	+286.44%	-6.73%

PHOE

-6.97%

Winner

FWDI

-6.01%

Winner

PHOE

+1.24%

FWDI

-3.43%

Winner

PHOE

-3.33%

FWDI

-50.41%

Winner

PHOE

+352.22%

FWDI

-30.02%

5Y(CAGR)

PHOE

N/A

FWDI

-30.75%

10Y(CAGR)

PHOE

N/A

FWDI

-10.36%

Max(CAGR)

Winner

PHOE

+286.44%

FWDI

-6.73%

PHOE vs FWDI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PHOE	FWDI
2026	+0.25%	-42.27%
2025	+338.36%	+31.94%
2024	N/A	-31.35%
2023	N/A	-29.18%
2022	N/A	-34.66%
2021	N/A	-17.02%
2020	N/A	+80.20%
2019	N/A	-26.12%
2018	N/A	+4.00%
2017	N/A	+3.36%
2016	N/A	-12.59%
2015	N/A	+43.69%
2014	N/A	-36.97%
2013	N/A	+2.65%
2012	N/A	-11.38%
2011	N/A	-45.78%
2010	N/A	+58.62%
2009	N/A	-6.67%
2008	N/A	-5.91%
2007	N/A	-45.01%
2006	N/A	-54.11%
2005	N/A	+114.46%
2004	N/A	+50.90%
2003	N/A	+110.53%
2002	N/A	+10.10%
2001	N/A	-13.00%
2000	N/A	-69.39%
1999	N/A	+20.91%

PHOE vs FWDI Drawdown Comparison

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

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

The current PHOE drawdown is -87.77%. The current FWDI drawdown is -98.53%.

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