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WFCF

Where Food Comes From NasdaqCM:WFCF Stock Report

Last Price

US$11.03

Market Cap

US$66.4m

7D

11.8%

1Y

-20.9%

Updated

15 May, 2022

Data

Company Financials +
WFCF fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends0/6

WFCF Stock Overview

Where Food Comes From, Inc., together with its subsidiaries, provides verification and certification solutions for the agriculture, livestock, and food industries in the United States.

Where Food Comes From Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Where Food Comes From
Historical stock prices
Current Share PriceUS$11.03
52 Week HighUS$16.50
52 Week LowUS$8.43
Beta0.78
1 Month Change10.14%
3 Month Change-16.29%
1 Year Change-20.91%
3 Year Change50.62%
5 Year Change30.63%
Change since IPO175.63%

Recent News & Updates

May 13
A Look At The Intrinsic Value Of Where Food Comes From, Inc. (NASDAQ:WFCF)

A Look At The Intrinsic Value Of Where Food Comes From, Inc. (NASDAQ:WFCF)

How far off is Where Food Comes From, Inc. ( NASDAQ:WFCF ) from its intrinsic value? Using the most recent financial...

Apr 07
If You Like EPS Growth Then Check Out Where Food Comes From (NASDAQ:WFCF) Before It's Too Late

If You Like EPS Growth Then Check Out Where Food Comes From (NASDAQ:WFCF) Before It's Too Late

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

WFCFUS Professional ServicesUS Market
7D11.8%-3.1%-2.5%
1Y-20.9%-16.0%-10.4%

Return vs Industry: WFCF underperformed the US Professional Services industry which returned -16% over the past year.

Return vs Market: WFCF underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is WFCF's price volatile compared to industry and market?
WFCF volatility
WFCF Average Weekly Movement9.2%
Professional Services Industry Average Movement7.0%
Market Average Movement7.8%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: WFCF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: WFCF's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199684John Saundershttps://wherefoodcomesfrom.com

Where Food Comes From, Inc., together with its subsidiaries, provides verification and certification solutions for the agriculture, livestock, and food industries in the United States. The company operates through Verification and Certification, and Software Sales and Related Consulting segments. It conducts on-site and desk audits to verify that claims made about livestock, crops, and other food products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.

Where Food Comes From Fundamentals Summary

How do Where Food Comes From's earnings and revenue compare to its market cap?
WFCF fundamental statistics
Market CapUS$66.41m
Earnings (TTM)US$2.31m
Revenue (TTM)US$23.65m

28.8x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WFCF income statement (TTM)
RevenueUS$23.65m
Cost of RevenueUS$13.38m
Gross ProfitUS$10.27m
Other ExpensesUS$7.96m
EarningsUS$2.31m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.38
Gross Margin43.44%
Net Profit Margin9.76%
Debt/Equity Ratio0%

How did WFCF perform over the long term?

See historical performance and comparison

Valuation

Is Where Food Comes From undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


18.0%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: WFCF ($11.03) is trading below our estimate of fair value ($13.44)

Significantly Below Fair Value: WFCF is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: WFCF is poor value based on its PE Ratio (28.8x) compared to the US Professional Services industry average (16.6x).

PE vs Market: WFCF is poor value based on its PE Ratio (28.8x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: WFCF is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: WFCF is overvalued based on its PB Ratio (4.8x) compared to the US Professional Services industry average (2.7x).


Future Growth

How is Where Food Comes From forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


28.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WFCF's forecast earnings growth (28.5% per year) is above the savings rate (1.9%).

Earnings vs Market: WFCF's earnings (28.5% per year) are forecast to grow faster than the US market (12.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: WFCF's revenue (7.1% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: WFCF's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WFCF's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Where Food Comes From performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


46.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WFCF has high quality earnings.

Growing Profit Margin: WFCF's current net profit margins (9.8%) are lower than last year (13.5%).


Past Earnings Growth Analysis

Earnings Trend: WFCF's earnings have grown significantly by 46.9% per year over the past 5 years.

Accelerating Growth: WFCF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WFCF had negative earnings growth (-16.9%) over the past year, making it difficult to compare to the Professional Services industry average (32.6%).


Return on Equity

High ROE: WFCF's Return on Equity (16.6%) is considered low.


Financial Health

How is Where Food Comes From's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WFCF's short term assets ($9.5M) exceed its short term liabilities ($3.5M).

Long Term Liabilities: WFCF's short term assets ($9.5M) exceed its long term liabilities ($3.0M).


Debt to Equity History and Analysis

Debt Level: WFCF is debt free.

Reducing Debt: WFCF had no debt 5 years ago.

Debt Coverage: WFCF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WFCF has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Where Food Comes From current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate WFCF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WFCF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WFCF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WFCF's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as WFCF has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.7yrs

Average management tenure


CEO

John Saunders (49 yo)

24.33yrs

Tenure

US$526,777

Compensation

Mr. John K. Saunders co-founded Where Food Comes From, Inc. in 1998 and has been its Executive Chairman and Chief Executive Officer since 1998. Mr. Saunders served as the President at Where Food Comes From...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD526.78K) is below average for companies of similar size in the US market ($USD770.21K).

Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: WFCF's management team is seasoned and experienced (13.7 years average tenure).


Board Members

Experienced Board: WFCF's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Where Food Comes From, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Where Food Comes From, Inc.
  • Ticker: WFCF
  • Exchange: NasdaqCM
  • Founded: 1996
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: US$66.413m
  • Shares outstanding: 6.02m
  • Website: https://wherefoodcomesfrom.com

Number of Employees


Location

  • Where Food Comes From, Inc.
  • 202 6th Street
  • Suite 400
  • Castle Rock
  • Colorado
  • 80104
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.