FORFARMERS NV (FFARM.AS) Stock Fundamental Analysis
Europe - Euronext Amsterdam - AMS:FFARM - NL0011832811 - Common Stock
4.313 EUR
-0.03 (-0.74%)
We assign a fundamental rating of 7 out of 10 to FFARM. FFARM was compared to 59 industry peers in the Food Products industry. FFARM has an average financial health and profitability rating. 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
In the past year FFARM was profitable.
FFARM had a positive operating cash flow in the past year.
Of the past 5 years FFARM 4 years were profitable.
In the past 5 years FFARM always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of FFARM (4.86%) is better than 64.41% of its industry peers.
FFARM has a better Return On Equity (15.59%) than 81.36% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.72%, FFARM belongs to the top of the industry, outperforming 83.05% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for FFARM is in line with the industry average of 6.47%.
The 3 year average ROIC (4.52%) for FFARM is below the current ROIC(9.72%), indicating increased profibility in the last year.
| 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: 62.71% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of FFARM has grown nicely.
FFARM has a Operating Margin of 2.47%. This is in the lower half of the industry: FFARM underperforms 66.10% of its industry peers.
In the last couple of years the Operating Margin of FFARM has remained more or less at the same level.
FFARM has a worse Gross Margin (18.91%) than 81.36% of its industry peers.
In the last couple of years the Gross Margin of FFARM has remained more or less at the same level.
| 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
FFARM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, FFARM has about the same amount of shares outstanding.
FFARM has less shares outstanding than it did 5 years ago.
FFARM has a worse debt/assets ratio than last year.
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 has a Altman-Z score of 3.68. This is amongst the best in the industry. FFARM outperforms 89.83% of its industry peers.
FFARM has a debt to FCF ratio of 2.61. This is a good value and a sign of high solvency as FFARM would need 2.61 years to pay back of all of its debts.
FFARM's Debt to FCF ratio of 2.61 is amongst the best of the industry. FFARM outperforms 91.53% of its industry peers.
FFARM has a Debt/Equity ratio of 0.33. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of FFARM (0.33) is better than 79.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.33 | ||
| Debt/FCF | 2.61 | ||
| Altman-Z | 3.68 |
ROIC/WACC1.48
WACC6.56%
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.
Looking at the Current ratio, with a value of 1.10, FFARM is doing worse than 62.71% of the companies in the same industry.
FFARM has a Quick Ratio of 1.10. This is a bad value and indicates that FFARM is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.81, FFARM perfoms like the industry average, outperforming 45.76% 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.
The Earnings Per Share has been growing by 14.71% on average over the past years. This is quite good.
Looking at the last year, FFARM shows a quite strong growth in Revenue. The Revenue has grown by 8.76% in the last year.
FFARM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.20% yearly.
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
The Earnings Per Share is expected to grow by 36.58% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 5.59% on average over the next years.
EPS Next Y117.81%
EPS Next 2Y51.7%
EPS Next 3Y36.58%
EPS Next 5YN/A
Revenue Next Year18.16%
Revenue Next 2Y7.65%
Revenue Next 3Y5.59%
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 7.84, the valuation of FFARM can be described as very cheap.
Based on the Price/Earnings ratio, FFARM is valued cheaply inside the industry as 88.14% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of FFARM to the average of the S&P500 Index (26.34), we can say FFARM is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.48, the valuation of FFARM can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of FFARM indicates a rather cheap valuation: FFARM is cheaper than 89.83% of the companies listed in the same industry.
FFARM is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.84 | ||
| Fwd PE | 7.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, FFARM is valued cheaply inside the industry as 96.61% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, FFARM is valued cheaper than 91.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.85 | ||
| EV/EBITDA | 3.71 |
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 36.58% in the coming years.
PEG (NY)0.07
PEG (5Y)0.53
EPS Next 2Y51.7%
EPS Next 3Y36.58%
5. Dividend
5.1 Amount
FFARM has a Yearly Dividend Yield of 4.52%, which is a nice return.
Compared to an average industry Dividend Yield of 3.35, FFARM pays a better dividend. On top of this FFARM pays more dividend than 81.36% of the companies listed in the same industry.
FFARM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
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
FFARM pays out 41.76% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP41.76%
EPS Next 2Y51.7%
EPS Next 3Y36.58%
AMS:FFARM (12/9/2025, 4:54:57 PM)
4.313
-0.03 (-0.74%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners3.69%
Inst Owner ChangeN/A
Ins Owners5.48%
Ins Owner ChangeN/A
Market Cap385.06M
Revenue(TTM)2.96B
Net Income(TTM)51.00M
Analysts86
Price Target6.07 (40.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
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)2.15%
PT rev (3m)26.15%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)6%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)1.33%
Revenue NY rev (3m)4.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.84 | ||
| Fwd PE | 7.48 | ||
| P/S | 0.13 | ||
| P/FCF | 5.85 | ||
| P/OCF | 3.55 | ||
| P/B | 1.18 | ||
| P/tB | 1.81 | ||
| EV/EBITDA | 3.71 |
EPS(TTM)0.55
EY12.75%
EPS(NY)0.58
Fwd EY13.37%
FCF(TTM)0.74
FCFY17.09%
OCF(TTM)1.22
OCFY28.18%
SpS33.18
BVpS3.66
TBVpS2.39
PEG (NY)0.07
PEG (5Y)0.53
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
WACC6.56%
ROIC/WACC1.48
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 3Y36.58%
EPS Next 5YN/A
Revenue 1Y (TTM)8.76%
Revenue growth 3Y0.93%
Revenue growth 5Y2.2%
Sales Q2Q%15.97%
Revenue Next Year18.16%
Revenue Next 2Y7.65%
Revenue Next 3Y5.59%
Revenue Next 5YN/A
EBIT growth 1Y85.53%
EBIT growth 3Y24.06%
EBIT growth 5Y0.93%
EBIT Next Year209.72%
EBIT Next 3Y49.03%
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 7 / 10 to FFARM.AS.
What is the valuation status for FFARM stock?
ChartMill assigns a valuation rating of 10 / 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%.