
Forafric Global PLC (AFRI) Market Cap
Forafric Global PLC has a market capitalization of $258.8M.
Financials based on reported quarter end 2024-06-30
Price: $9.62
โผ -0.06 (-0.62%)
Market Cap: 258.79M
NASDAQ ยท time unavailable
CEO: Khalid Assari
Sector: Consumer Defensive
Industry: Agricultural Farm Products
IPO Date: 2021-02-05
Website: https://forafric.com
Forafric Global PLC (AFRI) - Company Information
Market Cap: 258.79M ยท Sector: Consumer Defensive
Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa. The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands. It serves wholesale foods manufacturers and distributors The company also exports its products to approximately 45 countries. Forafric Global PLC is headquartered in Gibraltar.
Consensus Price Target
No data available
Price & Moving Averages
Related Companies in Consumer Defensive

LIMONEIRA (LMNR)
Consumer Defensive
$0.23B
Mkt Cap

BRC INC CLASS A (BRCC)
Consumer Defensive
$0.29B
Mkt Cap

EUROPEAN WAX CENTER INC CLASS A (EWCZ)
Consumer Defensive
$0.32B
Mkt Cap

ALICO INC (ALCO)
Consumer Defensive
$0.33B
Mkt Cap

ACME UNITED CORP (ACU)
Consumer Defensive
$0.18B
Mkt Cap

NU SKIN ENTERPRISES INC CLASS A (NUS)
Consumer Defensive
$0.38B
Mkt Cap
Fundamentals Overview
๐ AI Financial Analysis
Powered by StockMarketInfo"AFRI reported revenue of $82.62M for the fiscal year ending June 30, 2024, but incurred a net loss of $6.38M. The company's earnings per share (EPS) stands at -$0.24. Although the operating cash flow was positive at $6.70M, it was overshadowed by the losses. Total assets amount to $246.08M against total liabilities of $240.76M, leading to total equity of only $5.32M. The company has a significant net debt of $153.74M, indicating a highly leveraged position. The recent market performance shows a price of $9.52, with a 1-year change of 9.68%, despite a negative year-to-date change of 13.30%. These conflicting indicators suggest caution in assessing future performance, given the profitability issues and high leverage, compounded by a lack of shareholder returns through dividends or buybacks."
Revenue Growth
Revenue of $82.62M indicates growth potential, yet overall performance needs improvement.
Profitability
Net loss of $6.38M demonstrates significant challenges in profitability.
Cash Flow Quality
Positive operating cash flow, but free cash flow is marginal compared to liabilities.
Leverage & Balance Sheet
High net debt relative to equity raises concerns about financial stability.
Shareholder Returns
No dividends paid and minimal price appreciation hinder shareholder returns.
Analyst Sentiment & Valuation
Mixed sentiment with a slight recent price increase; however, overall valuation appears risky.
Disclaimer:This analysis is AI-generated for informational purposes only. Accuracy is not guaranteed and this does not constitute financial advice.