/
Forafric Global PLC is a vertically integrated agribusiness company focused on the purchase, storage, transport, processing, and sale of agricultural commodities and products primarily in Morocco, Burkina Faso, Mali, and internationally. It operates through three key segments: Soft Wheat, Durum Wheat, and Couscous and Pasta, producing wheat flours, semolina, and secondary processed items such as pasta and couscous. The company markets its products under the established TRIA and MayMouna brand names, serving wholesale food manufacturers and distributors across Africa and beyond, with exports reaching approximately 45 countries. As a prominent player in the milling industry, Forafric Global PLC plays a vital role in supplying essential grain-based products to support food production and distribution networks in Sub-Saharan Africa and other regions. Headquartered in Gibraltar, it emphasizes industrial transformation of wheat to meet diverse customer needs in the agricultural commodities sector.
$10.85
+$0.34 (+3.24%)
EOD Jul 17, 2026
The business is unprofitable at the operating level (-2.01% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 35.6% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 103% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -$612K. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$176M
▼ -35.6% YoY
Net Income (TTM)
-$14M
▲ +41.0% YoY
Op. Margin
-2.01%
▲ +0.8pp YoY
ROIC
-1.67%
▲ +1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$612K
▼ -102.9% YoY
Op. Cash Flow (TTM)
$4M
▼ -82.0% YoY
Net Debt
$145M
Cash & Equiv.
$14M
3Y CAGR: -14.7%
Continue Research
Forafric Global (AFRI)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Forafric Global scores 6/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full . This is analysis, not investment advice.
Forafric Global scores 6 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -2.0% operating margin and a -1.7% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh AFRI's valuation and scores 6/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.