WFCF - Where Food Comes From, Inc. Stock Price, Fair Value and News

12.00USD+0.13 (+1.10%)Market Closed

Market Summary

USD12.00+0.13

Market Closed

1.10%

WFCF Stock Price

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WFCF RSI Chart

WFCF Valuation

Market Cap

64.5M

Price/Earnings (Trailing)

29.2

Price/Sales (Trailing)

2.53

EV/EBITDA

16.74

Price/Free Cashflow

22.37

WFCF Price/Sales (Trailing)

WFCF Profitability

Operating Margin

42.07%

EBT Margin

12.26%

Return on Equity

23.07%

Return on Assets

14.35%

Free Cashflow Yield

4.47%

WFCF Fundamentals

WFCF Revenue

Revenue (TTM)

25.4M

Rev. Growth (Yr)

5.98%

Rev. Growth (Qtr)

-17.07%

WFCF Earnings

Earnings (TTM)

2.2M

Earnings Growth (Yr)

47.11%

Earnings Growth (Qtr)

-77.06%

Breaking Down WFCF Revenue

Last 7 days

3.1%

Last 30 days

0.1%

Last 90 days

-7.7%

Trailing 12 Months

-11.8%

How does WFCF drawdown profile look like?

WFCF Financial Health

Current Ratio

1.62

WFCF Investor Care

Buy Backs (1Y)

4.94%

Diluted EPS (TTM)

0.4

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	25.4M	0	0	0
2023	24.0M	24.8M	24.5M	25.1M
2022	23.6M	23.8M	24.6M	24.8M
2021	20.6M	21.3M	21.7M	21.9M
2020	20.7M	20.3M	20.2M	20.1M
2019	18.1M	18.6M	19.7M	20.8M
2018	4.9M	9.2M	13.5M	17.8M
2017	12.2M	12.9M	14.3M	634.3K
2016	10.8M	11.1M	11.4M	11.6M
2015	9.4M	9.9M	10.4M	10.4M
2014	6.2M	6.9M	8.0M	8.8M
2013	5.3M	5.1M	5.0M	5.8M
2012	4.4M	4.7M	5.0M	5.3M
2011	3.5M	3.8M	4.0M	4.2M
2010	0	0	0	3.3M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Tracking the Latest Insider Buys and Sells of Where Food Comes From, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 20, 2024	lapaseotes pete	bought	6,450	12.9	500	-
Jan 05, 2024	henning dannette	bought	5,550	7.4	750	cfo
Dec 29, 2023	saunders leann	gifted	-	-	-2,600	president and coo
Dec 29, 2023	saunders john k	gifted	-	-	-2,600	ceo
Dec 14, 2023	lapaseotes pete	bought	18,334	12.75	1,438	-
Nov 10, 2023	smith michael duane	acquired	-	-	500	-
Nov 10, 2023	rein graeme p.	acquired	-	-	500	-
Nov 10, 2023	heinen tom	acquired	-	-	500	-
Nov 10, 2023	larson adam	acquired	-	-	500	-
Nov 10, 2023	lapaseotes pete	acquired	-	-	500	-

Which funds bought or sold WFCF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	MORGAN STANLEY	new	-	400	400	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	sold off	-100	-14.00	-	-%
May 15, 2024	Aristides Capital LLC	unchanged	-	-84,499	293,308	0.11%
May 15, 2024	PERRITT CAPITAL MANAGEMENT INC	unchanged	-	-42,430	147,280	0.08%
May 15, 2024	Royal Bank of Canada	added	13.21	-	1,000	-%
May 14, 2024	NORTHERN TRUST CORP	sold off	-100	-142,390	-	-%
May 13, 2024	UBS Group AG	added	38,500	4,047	4,061	-%
May 13, 2024	GEODE CAPITAL MANAGEMENT, LLC	added	0.92	-57,477	203,864	-%
May 13, 2024	BARD ASSOCIATES INC	added	10.39	-87,498	524,317	0.19%
May 10, 2024	WELLS FARGO & COMPANY/MN	unchanged	-	-70.00	242	-%

Are Funds Buying or Selling WFCF?

Are funds buying WFCF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WFCF

No. of Funds

Unveiling Where Food Comes From, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 04, 2024	yorkmont capital partners, lp	12.02%	666,302	SC 13D/A
Jan 06, 2023	yorkmont capital partners, lp	11.42%	666,302	SC 13D/A
Jan 05, 2022	yorkmont capital partners, lp	10.91%	666,302	SC 13D/A

Recent SEC filings of Where Food Comes From, Inc.

View All Filings

Date Filed	Form Type	Document
May 02, 2024	8-K	Current Report
May 02, 2024	10-Q	Quarterly Report
Apr 12, 2024	8-K	Current Report
Mar 11, 2024	8-K	Current Report
Feb 29, 2024	DEF 14A	DEF 14A
Feb 21, 2024	4	Insider Trading
Feb 16, 2024	8-K	Current Report
Feb 15, 2024	10-K	Annual Report

Peers (Alternatives to Where Food Comes From, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	277.0B	34.9B	3.35%	33.87%	66.98	7.95	11.18%	1888.46%
UBER	137.2B	38.6B	-8.72%	67.31%	98.72	3.56	14.01%	141.26%
ADSK	47.3B	5.3B	2.96%	8.03%	51.62	8.85	9.15%	48.14%
ANSS	28.6B	2.2B	0.65%	6.79%	65.84	12.85	3.59%	-21.47%
ZM	19.3B	4.5B	8.62%	-7.71%	30.27	4.26	3.06%	514.65%
MID-CAP
APPF	8.7B	671.8M	11.01%	66.39%	113.53	12.92	33.64%	185.98%
LYFT	6.7B	4.7B	-3.99%	99.28%	-36.23	1.43	10.90%	88.31%
ALRM	3.5B	895.2M	7.46%	35.00%	38.7	3.87	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	3.2B	296.4M	28.11%	-1.60%	-11.7	10.73	11.14%	-3.59%
AGYS	2.7B	228.1M	21.43%	43.87%	31.34	11.99	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
AEYE	256.1M	31.6M	76.57%	260.07%	-43.61	8.1	2.76%	43.72%
APPS	253.0M	572.4M	33.33%	-82.31%	-1.28	0.44	-19.38%	-489.49%
ASUR	193.1M	117.7M	5.95%	-44.01%	-19.58	1.64	12.54%	11.24%

Where Food Comes From, Inc. News

Latest updates

Where Food Comes From, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-17.1%	5,582	6,731	7,011	6,126	5,267	6,093	7,265	5,331	6,156	5,806	6,545	5,141	4,440	5,551	6,197	4,416	3,912	5,699	6,232	4,888	3,955
Cost Of Revenue	-12.6%	3,253	3,724	4,145	3,620	3,124	3,332	4,085	3,201	3,759	2,868	3,617	3,132	2,578	3,095	3,435	2,316	2,302	2,961	3,645	2,800	2,289
Gross Profit	-22.5%	2,329	3,007	2,866	2,506	2,143	2,761	3,180	2,130	2,397	2,938	2,928	2,009	1,862	2,456	2,762	2,100	1,610	2,738	2,587	2,088	1,666
S&GA Expenses	-0.8%	2,068	2,084	1,920	1,833	1,988	2,119	2,106	1,817	1,774	2,144	1,790	1,727	1,773	1,840	1,806	1,631	1,964	1,903	1,973	1,685	1,967
EBITDA Margin	-0.3%	0.15*	0.15*	0.14*	0.14*	0.13*	0.14*	0.16*	0.17*	0.17*	0.20*	0.19*	0.19*	-	-	-	-	-	-	-	-	-
Interest Expenses	-50.0%	1.00	2.00	1.00	1.00	1.00	1.00	-	1.00	1.00	1.00	1.00	1.00	3.00	4.00	4.00	3.00	2.00	3.00	2.00	2.00	3.00
Income Taxes	-73.9%	87.00	333	286	204	90.00	243	298	118	163	246	298	104	11.00	46.00	271	145	80.00	230	184	129	-83.00
Earnings Before Taxes	-76.1%	265	1,109	1,009	736	211	733	1,083	340	660	988	1,165	306	1,161	671	1,001	496	-321	676	644	433	-270
EBT Margin	0.5%	0.12*	0.12*	0.11*	0.11*	0.10*	0.11*	0.13*	0.13*	0.13*	0.17*	0.15*	0.15*	-	-	-	-	-	-	-	-	-
Net Income	-77.1%	178	776	723	532	121	490	785	222	497	742	867	202	1,150	545	730	351	-241	586	541	361	-143
Net Income Margin	1.4%	0.09*	0.09*	0.08*	0.08*	0.07*	0.08*	0.09*	0.10*	0.10*	0.14*	0.13*	0.12*	-	-	-	-	-	-	-	-	-
Free Cashflow	356.8%	676	148	1,258	802	466	-400	724	1,137	1,104	-50.00	1,365	496	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.5%	15,393	16,286	17,688	17,674	17,302	18,296	21,332	20,912	20,354	19,784	20,515	20,262	19,688	19,448	20,261	19,279	17,993	18,237	19,538	18,765	18,550
Current Assets	-12.3%	5,451	6,213	7,719	7,524	6,923	7,891	10,738	10,045	9,489	8,684	9,124	8,659	7,835	7,474	8,127	6,899	5,484	5,861	6,856	5,848	5,133
Cash Equivalents	-28.7%	1,882	2,641	3,813	3,410	3,400	4,368	6,006	6,408	6,093	5,414	5,642	5,297	4,996	4,374	4,625	4,517	2,964	2,638	3,420	2,600	2,452
Inventory	0.9%	1,119	1,109	1,120	1,196	970	888	874	877	815	767	870	885	-	-	-	-	-	-	-	-	-
Net PPE	-4.5%	806	844	848	860	916	998	1,032	1,119	1,210	1,295	1,484	1,542	1,689	1,616	1,669	1,697	1,575	1,545	1,569	1,687	1,766
Goodwill	0%	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	2,946	3,144	3,144	3,144
Liabilities	6.4%	5,817	5,467	6,669	6,532	5,919	5,819	8,165	7,424	6,479	6,035	7,192	6,954	6,420	6,984	7,923	7,431	6,412	6,288	6,989	6,593	6,561
Current Liabilities	12.7%	3,358	2,979	4,103	3,891	3,205	3,037	5,321	4,493	3,521	2,996	4,120	3,801	3,205	3,124	4,190	3,455	2,933	2,741	3,352	2,941	2,851
Shareholder's Equity	-11.5%	9,576	10,819	11,019	11,142	11,383	12,477	13,167	13,488	13,875	13,749	13,323	13,308	13,268	12,464	12,338	11,848	11,581	11,949	11,282	10,823	10,584
Retained Earnings	1.8%	9,919	9,741	8,965	8,242	7,710	7,589	7,099	6,314	6,092	5,595	4,853	4,900	4,698	3,548	3,003	2,273	1,922	2,163	1,577	1,036	675
Additional Paid-In Capital	-7.7%	11,338	12,290	12,232	12,223	12,160	12,145	12,076	12,045	12,006	11,955	11,879	11,710	11,677	11,612	11,508	11,483	11,456	11,445	11,160	11,123	11,076
Shares Outstanding	-2.0%	5,395	5,503	5,574	5,631	5,685	5,775	6,019	6,013	6,067	6,071	6,094	6,151	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	32,175	-	-	-	34,588	-	-	-	43,935	-	-	-	20,219	-	-	-	21,690	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	234.9%	700	209	1,318	822	473	-352	736	1,150	1,120	-13.00	1,413	454	1,166	276	428	852	896	540	956	128	1,251
Share Based Compensation	-72.5%	11.00	40.00	6.00	17.00	15.00	52.00	19.00	32.00	51.00	69.00	168	29.00	25.00	41.00	25.00	24.00	31.00	33.00	37.00	47.00	45.00
Cashflow From Investing	93.4%	-24.00	-361	-60.00	-20.00	-207	-48.00	-12.00	-191	-16.00	173	-48.00	42.00	-170	-48.00	-53.00	-219	-410	-1,101	-15.00	196	-195
Cashflow From Financing	-40.7%	-1,435	-1,020	-855	-792	-1,234	-1,238	-1,126	-644	-425	-388	-1,020	-195	-374	-479	-267	920	-160	-221	-121	-176	-86.00
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	305	-	-	-	-	-	-	-	-	-	-
Buy Backs	-54.7%	469	1,035	855	836	1,230	1,249	1,137	648	422	392	107	195	411	503	265	111	158	184	119	169	83.00

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WFCF Income Statement

2024-03-31

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 5,582	$ 5,267
Costs of revenues:
Total costs of revenues	3,253	3,124
Gross profit	2,329	2,143
Selling, general and administrative expenses	2,068	1,988
Income from operations	261	155
Other income/(expense):
Dividend income from Progressive Beef		50
Other income, net	7	9
Loss on foreign currency exchange	(2)	(2)
Interest expense	(1)	(1)
Income before income taxes	265	211
Income tax expense	87	90
Net income	$ 178	$ 121
Per share - net income:
Basic	$ 0.03	$ 0.02
Diluted	$ 0.03	$ 0.02
Weighted average number of common shares outstanding:
Basic	5,480	5,730
Diluted	5,500	5,799
Verification and Certification Service Revenue [Member]
Revenues:
Total revenues	$ 4,434	$ 3,806
Costs of revenues:
Total costs of revenues	2,515	2,196
Product Sales [Member]
Revenues:
Total revenues	733	971
Costs of revenues:
Total costs of revenues	434	568
Professional Services [Member]
Revenues:
Total revenues	415	490
Costs of revenues:
Total costs of revenues	$ 304	$ 360

WFCF Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,882	$ 2,641
Accounts receivable, net of allowance	2,075	2,128
Inventory	1,119	1,109
Prepaid expenses and other current assets	375	335
Total current assets	5,451	6,213
Property and equipment, net	806	844
Right-of-use assets, net	2,295	2,296
Equity investments	1,191	1,191
Intangible and other assets, net	2,222	2,303
Goodwill, net	2,946	2,946
Deferred tax assets, net	482	493
Total assets	15,393	16,286
Current liabilities:
Accounts payable	677	567
Accrued expenses and other current liabilities	889	615
Deferred revenue	1,457	1,485
Current portion of finance lease obligations	14	14
Current portion of operating lease obligations	321	298
Total current liabilities	3,358	2,979
Finance lease obligations, net of current portion	37	41
Operating lease obligation, net of current portion	2,422	2,447
Total liabilities	5,817	5,467
Commitments and contingencies
Equity:
Preferred stock, $0.001 par value; 5,000 shares authorized; none issued or outstanding
Common stock, $0.001 par value; 95,000 shares authorized; 6,444 (2024) and 6,516 (2023) shares issued, and 5,395 (2024) and 5,503 (2023) shares outstanding	7	7
Additional paid-in-capital	11,338	12,290
Treasury stock of 1,049 (2024) and 1,014 (2023) shares	(11,688)	(11,219)
Retained earnings	9,919	9,741
Total equity	9,576	10,819
Total liabilities and stockholders’ equity	$ 15,393	$ 16,286

About Where Food Comes From, Inc.

Where Food Comes From, Inc., together with its subsidiaries, operates as a third-party food verification company in North America. The company operates in Verification and Certification, and Software Sales and Related Consulting segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture 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. It also offers software as a service; maintenance, support, and software-related consulting services; and web-hosting services, as well as sells hardware. The company serves beef and pork packers, organic producers and processors, and specialty retail chains. The company was formerly known as Integrated Management Information, Inc. and changed its name to Where Food Comes From, Inc. in December 2012. Where Food Comes From, Inc. was founded in 1996 and is based in Castle Rock, Colorado.

CEO	Mr. John K. Saunders
WEBSITE	https://wherefoodcomesfrom.com
INDUSTRY	Software - Apps
EMPLOYEES	82

Where Food Comes From, Inc. Frequently Asked Questions

What is the ticker symbol for Where Food Comes From, Inc.? What does WFCF stand for in stocks?

WFCF is the stock ticker symbol of Where Food Comes From, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Where Food Comes From, Inc. (WFCF)?

As of Fri May 17 2024, market cap of Where Food Comes From, Inc. is 64.51 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WFCF stock?

You can check WFCF's fair value in chart for subscribers.

What is the fair value of WFCF stock?

You can check WFCF's fair value in chart for subscribers. The fair value of Where Food Comes From, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Where Food Comes From, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WFCF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Where Food Comes From, Inc. a good stock to buy?

The fair value guage provides a quick view whether WFCF is over valued or under valued. Whether Where Food Comes From, Inc. is cheap or expensive depends on the assumptions which impact Where Food Comes From, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WFCF.

What is Where Food Comes From, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, WFCF's PE ratio (Price to Earnings) is 29.2 and Price to Sales (PS) ratio is 2.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WFCF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Where Food Comes From, Inc.'s stock?

In the past 10 years, Where Food Comes From, Inc. has provided -0.091 (multiply by 100 for percentage) rate of return.