FORFARMERS NV (FFARM.AS) Stock Fundamental Analysis
Europe - AMS:FFARM - NL0011832811 - Common Stock
4.58 EUR
+0.17 (+3.85%)
Taking everything into account, FFARM scores 6 out of 10 in our fundamental rating. FFARM was compared to 58 industry peers in the Food Products industry. Both the profitability and the financial health of FFARM get a neutral evaluation. Nothing too spectacular is happening here. A decent growth rate in combination with a cheap valuation! Better keep an eye on FFARM. These ratings would make FFARM suitable for value investing!
1. Profitability
1.1 Basic Checks
FFARM had positive earnings in the past year.
In the past year FFARM had a positive cash flow from operations.
FFARM had positive earnings in 4 of the past 5 years.
FFARM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
FFARM's Return On Assets of 4.86% is fine compared to the rest of the industry. FFARM outperforms 67.24% of its industry peers.
With an excellent Return On Equity value of 15.59%, FFARM belongs to the best of the industry, outperforming 81.03% of the companies in the same industry.
The Return On Invested Capital of FFARM (9.72%) is better than 81.03% of its industry peers.
The Average Return On Invested Capital over the past 3 years for FFARM is below the industry average of 7.46%.
The last Return On Invested Capital (9.72%) for FFARM is above the 3 year average (4.52%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.86% | ||
| ROE | 15.59% | ||
| ROIC | 9.72% |
ROA(3y)1.66%
ROA(5y)1.6%
ROE(3y)4.87%
ROE(5y)4.38%
ROIC(3y)4.52%
ROIC(5y)5.03%
1.3 Margins
With a Profit Margin value of 1.72%, FFARM is not doing good in the industry: 63.79% of the companies in the same industry are doing better.
FFARM's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 2.47%, FFARM is not doing good in the industry: 72.41% of the companies in the same industry are doing better.
FFARM's Operating Margin has been stable in the last couple of years.
FFARM has a worse Gross Margin (18.91%) than 82.76% of its industry peers.
FFARM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.47% | ||
| PM (TTM) | 1.72% | ||
| GM | 18.91% |
OM growth 3Y22.91%
OM growth 5Y-1.24%
PM growth 3Y36.41%
PM growth 5Y9.73%
GM growth 3Y4.94%
GM growth 5Y1.08%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), FFARM is creating some value.
FFARM has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for FFARM has been reduced compared to 5 years ago.
The debt/assets ratio for FFARM is higher compared to a year ago.
2.2 Solvency
FFARM has an Altman-Z score of 3.68. This indicates that FFARM is financially healthy and has little risk of bankruptcy at the moment.
FFARM's Altman-Z score of 3.68 is amongst the best of the industry. FFARM outperforms 87.93% of its industry peers.
The Debt to FCF ratio of FFARM is 2.61, which is a good value as it means it would take FFARM, 2.61 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.61, FFARM belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
A Debt/Equity ratio of 0.33 indicates that FFARM is not too dependend on debt financing.
FFARM has a Debt to Equity ratio of 0.33. This is in the better half of the industry: FFARM outperforms 77.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.61 | ||
| Altman-Z | 3.68 |
ROIC/WACC1.46
WACC6.66%
2.3 Liquidity
FFARM has a Current Ratio of 1.10. This is a normal value and indicates that FFARM is financially healthy and should not expect problems in meeting its short term obligations.
FFARM has a worse Current ratio (1.10) than 62.07% of its industry peers.
A Quick Ratio of 0.81 indicates that FFARM may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.81, FFARM is in line with its industry, outperforming 48.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
FFARM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 171.25%, which is quite impressive.
Measured over the past years, FFARM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.71% on average per year.
FFARM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.76%.
Measured over the past years, FFARM shows a small growth in Revenue. The Revenue has been growing by 2.20% on average per year.
EPS 1Y (TTM)171.25%
EPS 3Y40.88%
EPS 5Y14.71%
EPS Q2Q%440%
Revenue 1Y (TTM)8.76%
Revenue growth 3Y0.93%
Revenue growth 5Y2.2%
Sales Q2Q%15.97%
3.2 Future
Based on estimates for the next years, FFARM will show a very strong growth in Earnings Per Share. The EPS will grow by 32.03% on average per year.
FFARM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.13% yearly.
EPS Next Y117.81%
EPS Next 2Y51.7%
EPS Next 3Y32.03%
EPS Next 5YN/A
Revenue Next Year16.61%
Revenue Next 2Y6.93%
Revenue Next 3Y5.13%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.33, the valuation of FFARM can be described as very reasonable.
FFARM's Price/Earnings ratio is rather cheap when compared to the industry. FFARM is cheaper than 82.76% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.83. FFARM is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 7.94 indicates a rather cheap valuation of FFARM.
FFARM's Price/Forward Earnings ratio is rather cheap when compared to the industry. FFARM is cheaper than 87.93% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 32.68. FFARM is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.33 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FFARM is valued cheaply inside the industry as 89.66% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FFARM indicates a rather cheap valuation: FFARM is cheaper than 91.38% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.21 | ||
| EV/EBITDA | 3.76 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FFARM has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as FFARM's earnings are expected to grow with 32.03% in the coming years.
PEG (NY)0.07
PEG (5Y)0.57
EPS Next 2Y51.7%
EPS Next 3Y32.03%
5. Dividend
5.1 Amount
FFARM has a Yearly Dividend Yield of 4.54%, which is a nice return.
FFARM's Dividend Yield is rather good when compared to the industry average which is at 3.56. FFARM pays more dividend than 81.03% of the companies in the same industry.
FFARM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
5.2 History
The dividend of FFARM decreases each year by -12.97%.
Dividend Growth(5Y)-12.97%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
41.76% of the earnings are spent on dividend by FFARM. This is a bit on the high side, but may be sustainable.
DP41.76%
EPS Next 2Y51.7%
EPS Next 3Y32.03%
AMS:FFARM (11/7/2025, 7:00:00 PM)
4.58
+0.17 (+3.85%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners3.42%
Inst Owner ChangeN/A
Ins Owners5.48%
Ins Owner ChangeN/A
Market Cap408.90M
Revenue(TTM)2.96B
Net Income(TTM)51.00M
Analysts86
Price Target5.94 (29.69%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.54% |
Yearly Dividend0.15
Dividend Growth(5Y)-12.97%
DP41.76%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)10.43%
PT rev (3m)34.94%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)27.71%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.33 | ||
| Fwd PE | 7.94 | ||
| P/S | 0.14 | ||
| P/FCF | 6.21 | ||
| P/OCF | 3.77 | ||
| P/B | 1.25 | ||
| P/tB | 1.92 | ||
| EV/EBITDA | 3.76 |
EPS(TTM)0.55
EY12.01%
EPS(NY)0.58
Fwd EY12.59%
FCF(TTM)0.74
FCFY16.09%
OCF(TTM)1.22
OCFY26.53%
SpS33.18
BVpS3.66
TBVpS2.39
PEG (NY)0.07
PEG (5Y)0.57
Graham Number6.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.86% | ||
| ROE | 15.59% | ||
| ROCE | 12.33% | ||
| ROIC | 9.72% | ||
| ROICexc | 10.81% | ||
| ROICexgc | 13.66% | ||
| OM | 2.47% | ||
| PM (TTM) | 1.72% | ||
| GM | 18.91% | ||
| FCFM | 2.22% |
ROA(3y)1.66%
ROA(5y)1.6%
ROE(3y)4.87%
ROE(5y)4.38%
ROIC(3y)4.52%
ROIC(5y)5.03%
ROICexc(3y)5.02%
ROICexc(5y)6.01%
ROICexgc(3y)6.45%
ROICexgc(5y)7.81%
ROCE(3y)5.89%
ROCE(5y)6.6%
ROICexgc growth 3Y23.14%
ROICexgc growth 5Y0.01%
ROICexc growth 3Y22.42%
ROICexc growth 5Y1.04%
OM growth 3Y22.91%
OM growth 5Y-1.24%
PM growth 3Y36.41%
PM growth 5Y9.73%
GM growth 3Y4.94%
GM growth 5Y1.08%
F-Score7
Asset Turnover2.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.61 | ||
| Debt/EBITDA | 0.84 | ||
| Cap/Depr | 74.39% | ||
| Cap/Sales | 1.44% | ||
| Interest Coverage | 11.42 | ||
| Cash Conversion | 83.14% | ||
| Profit Quality | 129.02% | ||
| Current Ratio | 1.1 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 3.68 |
F-Score7
WACC6.66%
ROIC/WACC1.46
Cap/Depr(3y)70.12%
Cap/Depr(5y)76.46%
Cap/Sales(3y)1.08%
Cap/Sales(5y)1.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)171.25%
EPS 3Y40.88%
EPS 5Y14.71%
EPS Q2Q%440%
EPS Next Y117.81%
EPS Next 2Y51.7%
EPS Next 3Y32.03%
EPS Next 5YN/A
Revenue 1Y (TTM)8.76%
Revenue growth 3Y0.93%
Revenue growth 5Y2.2%
Sales Q2Q%15.97%
Revenue Next Year16.61%
Revenue Next 2Y6.93%
Revenue Next 3Y5.13%
Revenue Next 5YN/A
EBIT growth 1Y85.53%
EBIT growth 3Y24.06%
EBIT growth 5Y0.93%
EBIT Next Year198.79%
EBIT Next 3Y47.18%
EBIT Next 5YN/A
FCF growth 1Y54%
FCF growth 3Y40.78%
FCF growth 5Y-6.65%
OCF growth 1Y39.25%
OCF growth 3Y8.69%
OCF growth 5Y-6.1%
FORFARMERS NV / FFARM.AS FAQ
What is the fundamental rating for FFARM stock?
ChartMill assigns a fundamental rating of 6 / 10 to FFARM.AS.
What is the valuation status for FFARM stock?
ChartMill assigns a valuation rating of 9 / 10 to FORFARMERS NV (FFARM.AS). This can be considered as Undervalued.
What is the profitability of FFARM stock?
FORFARMERS NV (FFARM.AS) has a profitability rating of 6 / 10.
How financially healthy is FORFARMERS NV?
The financial health rating of FORFARMERS NV (FFARM.AS) is 6 / 10.
Is the dividend of FORFARMERS NV sustainable?
The dividend rating of FORFARMERS NV (FFARM.AS) is 6 / 10 and the dividend payout ratio is 41.76%.