Forafric Global Plc Stock Net Income
| AFRI Stock | USD 10.17 0.07 0.69% |
Forafric Global PLC fundamentals help investors to digest information that contributes to Forafric Global's financial success or failures. It also enables traders to predict the movement of Forafric Stock. The fundamental analysis module provides a way to measure Forafric Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forafric Global stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -12.5 M | -13.1 M | |
| Net Loss | -9.2 M | -9.6 M | |
| Net Loss | -12.7 M | -13.3 M | |
| Net Loss | (0.47) | (0.50) | |
| Net Income Per E B T | 1.00 | 1.06 |
Forafric | Net Income |
Forafric Global PLC Company Net Income Analysis
Forafric Global's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Forafric Global Net Income | (12.68 M) |
Most of Forafric Global's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Forafric Global PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Forafric Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Forafric Global is extremely important. It helps to project a fair market value of Forafric Stock properly, considering its historical fundamentals such as Net Income. Since Forafric Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forafric Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forafric Global's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Forafric Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Forafric Global PLC reported net income of (12.68 Million). This is 101.15% lower than that of the Food Products sector and 103.26% lower than that of the Consumer Staples industry. The net income for all United States stocks is 102.22% higher than that of the company.
Forafric Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forafric Global's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forafric Global could also be used in its relative valuation, which is a method of valuing Forafric Global by comparing valuation metrics of similar companies.Forafric Global is currently under evaluation in net income category among its peers.
Forafric Global ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Forafric Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Forafric Global's managers, analysts, and investors.Environmental | Governance | Social |
Forafric Global Institutional Holders
Institutional Holdings refers to the ownership stake in Forafric Global that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Forafric Global's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Forafric Global's value.| Shares | Citadel Advisors Llc | 2024-09-30 | 10.6 K | Barclays Plc | 2024-06-30 | 9.9 K | New York State Common Retirement Fund | 2024-09-30 | 5.3 K | Rhumbline Advisers | 2024-06-30 | 4.7 K | Citigroup Inc | 2024-09-30 | 4.1 K | Acadian Asset Management Llc | 2024-06-30 | 3.3 K | Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 3.3 K | Corebridge Financial Inc | 2024-06-30 | 3 K | Jpmorgan Chase & Co | 2024-06-30 | 2.9 K | Blackrock Inc | 2024-06-30 | 114.6 K | Geode Capital Management, Llc | 2024-09-30 | 69.8 K |
Forafric Fundamentals
| Return On Equity | -0.34 | |||
| Return On Asset | 0.0023 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | 0.02 % | |||
| Current Valuation | 446.23 M | |||
| Shares Outstanding | 26.88 M | |||
| Shares Owned By Insiders | 81.59 % | |||
| Shares Owned By Institutions | 1.83 % | |||
| Number Of Shares Shorted | 299.66 K | |||
| Price To Book | 11.91 X | |||
| Price To Sales | 0.89 X | |||
| Revenue | 305.48 M | |||
| Gross Profit | 42.37 M | |||
| EBITDA | 7.48 M | |||
| Net Income | (12.68 M) | |||
| Cash And Equivalents | 21.08 M | |||
| Cash Per Share | 0.80 X | |||
| Total Debt | 198.77 M | |||
| Debt To Equity | 4.55 % | |||
| Current Ratio | 0.60 X | |||
| Book Value Per Share | 0.85 X | |||
| Cash Flow From Operations | 33.33 M | |||
| Short Ratio | 35.30 X | |||
| Earnings Per Share | (0.47) X | |||
| Number Of Employees | 600 | |||
| Beta | 0.4 | |||
| Market Capitalization | 271.48 M | |||
| Total Asset | 309.45 M | |||
| Retained Earnings | (115.35 M) | |||
| Working Capital | (132.02 M) | |||
| Net Asset | 309.45 M |
About Forafric Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forafric Global PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forafric Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forafric Global PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Forafric Global PLC is a strong investment it is important to analyze Forafric Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forafric Global's future performance. For an informed investment choice regarding Forafric Stock, refer to the following important reports:Check out Forafric Global Piotroski F Score and Forafric Global Altman Z Score analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forafric Global. If investors know Forafric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forafric Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.47) | Revenue Per Share 11.365 | Quarterly Revenue Growth 0.186 | Return On Assets 0.0023 | Return On Equity (0.34) |
The market value of Forafric Global PLC is measured differently than its book value, which is the value of Forafric that is recorded on the company's balance sheet. Investors also form their own opinion of Forafric Global's value that differs from its market value or its book value, called intrinsic value, which is Forafric Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forafric Global's market value can be influenced by many factors that don't directly affect Forafric Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forafric Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forafric Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forafric Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.