Forward Air Corp.

FWRD US Industrials Air Freight & Logistics
S&P 600
$16.63
+1.28%
Delayed · cached 15 min

Fair value analysis

FWRD
Forward Air Corp.
IndustrialsAir Freight & Logistics
$16.63
Close used for this calculation
$29.95Fair value
Financial DNA Score
Profitability · Returns · Balance Sheet · Efficiency · Growth
54/100
Profitability6/25
Returns20/25
Balance Sheet21/25
Efficiency7/25
Growth19/25
Good
Quality radar
54Prof.6/25Ret.20/25Eff.7/25B.Sht21/25Growth19/25

Consensus fair value

$29.95
Below FV
▲ +80.1% against the close used
Model range $9.87 – $53.32
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.

Price target range & 52-week position

Bear$9.87Fair value$29.95Bull$53.32
FairClose
52-week traded range
52W low $8.3152W high $30.23

The 52-week range is measured from the stored price history, not estimated.

Valuation summary

Trading below the consensus fair value

Forward Air Corp. closed at $16.63, 44.5% below the consensus fair value of $29.95 drawn from 3 valuation models.

Financial DNA score 54/100 — Good.

Quantitative summary only — not investment advice.

All valuation models

DCF Valuation
$9.87
-40.7%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
EV/EBITDA
$53.32
+220.6%
(EBITDA × 17x − Net Debt) ÷ Shares
EBITDA=189.06M
Dividend Discount (DDM)
$51.82
+211.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=0.96, r=10%, g=8%

Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.

Educational data only. Not a recommendation to buy, sell or hold any security.

Educational data only. Not a recommendation to buy, sell or hold any security.