Forward Industries (FWDI) vs Rocky Brands (RCKY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Rocky Brands (RCKY) has outperformed Forward Industries (FWDI) over the past year, gaining 60.8% versus a loss of 69.5%. Over five years, RCKY leads with a -11.7% price change compared with -66.5% for FWDI. Forward Industries is the larger company by market cap ($560.0 million vs $336.6 million), about 1.7 times the size.
On valuation, Rocky Brands trades at a lower forward P/E (10.7x vs 28.2x for Forward Industries). Rocky Brands pays a dividend yielding 1.41%, while Forward Industries does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FWDI | RCKY |
|---|---|---|
| Share price | $7.34 | $44.93 |
| Market cap | $559.96M | $336.61M |
| 1-day change | +2.23% | -1.08% |
| YTD return | +11.04% | +53.19% |
| 1-year return | -69.52% | +60.81% |
| 5-year return | -66.48% | -11.73% |
| P/E ratio (TTM) | — | 11.79 |
| Forward P/E | 28.23 | 10.70 |
| EPS (TTM) | $-30.27 | $3.81 |
| Dividend yield | 0.00% | 1.41% |
| Annual dividend | $0.00 | $0.635 |
| 52-week high | $25.50 | $53.01 |
| 52-week low | $3.48 | $26.73 |
| Distance from 52-week high | -71.22% | -15.24% |
| Analyst consensus | none | none |
| Avg. price target upside | +61.17% | +11.28% |
| Average volume | 1.76M | 56.35K |
| Shares outstanding | 76.29M | 7.49M |
| Employees | 60 | 2,200 |
| Sector | Finance | Consumer Discretionary |
| Industry | Finance: Consumer Services | Shoe Manufacturing |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- RCKY has outperformed FWDI by 130.3 percentage points over the past year.
- Rocky Brands offers a meaningfully higher dividend yield (1.41% vs 0.00%).
- The two companies sit in different sectors: Forward Industries in Finance and Rocky Brands in Consumer Discretionary.
About Forward Industries
FWDI stock →Forward Industries, Inc. operates as a Solana (SOL) focused digital asset treasury company.
Finance · Finance: Consumer Services · 60 employees
About Rocky Brands
RCKY stock →Rocky Brands, Inc. designs, manufactures, and markets footwear and apparel in the United States, Canada, the United Kingdom, and internationally.
Consumer Discretionary · Shoe Manufacturing · 2,200 employees
FWDI vs RCKY FAQ
Which is bigger, Forward Industries or Rocky Brands?
Forward Industries (FWDI) is larger, with a market capitalization of $559.96M compared with $336.61M for Rocky Brands (RCKY).
Which stock has performed better over the past year, FWDI or RCKY?
RCKY returned +60.81% over the past 12 months, compared with -69.52% for FWDI (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Forward Industries or Rocky Brands?
Rocky Brands pays a dividend yielding 1.41%, while Forward Industries does not currently pay a regular dividend.
Are Forward Industries and Rocky Brands in the same industry?
No. Forward Industries is in the Finance sector, while Rocky Brands is in Consumer Discretionary.