image
Where Food Comes From, Inc. WFCF
Technology - Software - Application - NASDAQ - US
Watchlist
$ 10.64
2.7 %
$ 55.5 M
Market Cap
28.0
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one WFCF stock under the worst case scenario is HIDDEN Compared to the current market price of 10.6 USD, Where Food Comes From, Inc. is HIDDEN

WFCF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one WFCF stock under the base case scenario is HIDDEN Compared to the current market price of 10.6 USD, Where Food Comes From, Inc. is HIDDEN

WFCF Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one WFCF stock under the best case scenario is HIDDEN Compared to the current market price of 10.6 USD, Where Food Comes From, Inc. is HIDDEN

WFCF Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart WFCF

image
1M 4%
6M -16%
1Y 6%
3Y 8%
5Y 49%
All
$13.5$13.5$13.0$13.0$12.5$12.5$12.0$12.0$11.5$11.5$11.0$11.0$10.5$10.5$10.0$10.0$9.5$9.5$9.0$9.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
25.7 M REVENUE
2.43%
Growth Rates
1Year 2.43%
3Years 5.49%
5Years 4.38%
7Years 7.57%
10Years 11.38%
2.21 M OPERATING INCOME
-18.17%
Growth Rates
1Year -18.17%
3Years 13.59%
5Years 36.53%
7Years 60.01%
10Years 20.40%
2.12 M NET INCOME
-1.49%
Growth Rates
1Year -1.49%
3Years -10.54%
5Years 15.69%
7Years 46.37%
10Years 26.80%
2.73 M OPERATING CASH FLOW
-3.26%
Growth Rates
1Year -3.26%
3Years -3.31%
5Years -1.03%
7Years 22.56%
10Years 16.56%
-159 K INVESTING CASH FLOW
75.46%
Growth Rates
1Year 75.46%
3Years -275.63%
5Years 32.27%
7Years 5.87%
10Years 10.57%
-3.2 M FINANCING CASH FLOW
17.97%
Growth Rates
1Year 17.97%
3Years -17.41%
5Years -39.56%
7Years -48.75%
10Years -12.57%
5.27 M REVENUE
-20.85%
Growth Rates
1Year 2.43%
3Years 5.49%
5Years 4.38%
7Years 7.57%
10Years 11.38%
142 K OPERATING INCOME
-81.19%
Growth Rates
1Year -18.17%
3Years 13.59%
5Years 36.53%
7Years 60.01%
10Years 20.40%
31 K NET INCOME
-96.77%
Growth Rates
1Year -1.49%
3Years -10.54%
5Years 15.69%
7Years 46.37%
10Years 26.80%
632 K OPERATING CASH FLOW
1364.00%
Growth Rates
1Year -3.26%
3Years -3.31%
5Years -1.03%
7Years 22.56%
10Years 16.56%
-29 K INVESTING CASH FLOW
27.50%
Growth Rates
1Year 75.46%
3Years -275.63%
5Years 32.27%
7Years 5.87%
10Years 10.57%
-377 K FINANCING CASH FLOW
42.44%
Growth Rates
1Year 17.97%
3Years -17.41%
5Years -39.56%
7Years -48.75%
10Years -12.57%
Balance Sheet Where Food Comes From, Inc.
image
Current Assets 5.54 M
Cash & Short-Term Investments 2.01 M
Receivables 1.83 M
Other Current Assets 1.71 M
Non-Current Assets 9.76 M
Long-Term Investments 1.19 M
PP&E 2.8 M
Other Non-Current Assets 5.77 M
13.15 %11.93 %11.15 %7.78 %18.32 %37.67 %Total Assets$15.3m
Current Liabilities 3.18 M
Accounts Payable 468 K
Short-Term Debt 352 K
Other Current Liabilities 2.36 M
Non-Current Liabilities 2.19 M
Long-Term Debt 4.39 M
Other Non-Current Liabilities -2.19 M
8.71 %6.55 %43.90 %81.67 %Total Liabilities$5.4m
EFFICIENCY
Earnings Waterfall Where Food Comes From, Inc.
image
Revenue 25.7 M
Cost Of Revenue 15.2 M
Gross Profit 10.6 M
Operating Expenses 8.36 M
Operating Income 2.21 M
Other Expenses 87 K
Net Income 2.12 M
30m30m25m25m20m20m15m15m10m10m5m5m0026m(15m)11m(8m)2m(87k)2mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
41.02% GROSS MARGIN
41.02%
Averages
1Year 41.02%
3Years 41.67%
5Years 42.78%
7Years 43.01%
10Years 43.85%
8.57% OPERATING MARGIN
8.57%
Averages
1Year 8.57%
3Years 8.97%
5Years 7.45%
7Years 6.34%
10Years 5.81%
8.23% NET MARGIN
8.23%
Averages
1Year 8.23%
3Years 8.27%
5Years 9.04%
7Years 7.81%
10Years 6.44%
21.34% ROE
21.34%
Averages
1Year 21.34%
3Years 19.07%
5Years 17.97%
7Years 15.12%
10Years 11.99%
13.85% ROA
13.85%
Averages
1Year 13.85%
3Years 12.65%
5Years 12.01%
7Years 10.17%
10Years 8.19%
12.59% ROIC
12.59%
Averages
1Year 12.59%
3Years 11.63%
5Years 8.99%
7Years 7.38%
10Years 6.03%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Where Food Comes From, Inc.
image
3m3m3m3m2m2m2m2m1m1m500k500k0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 2.12 M
Depreciation & Amortization 647 K
Capital Expenditures -159 K
Stock-Based Compensation 34 K
Change in Working Capital 137 K
Others -423 K
Free Cash Flow 2.57 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Where Food Comes From, Inc.
image
WFCF has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.15 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.160.160.140.140.120.120.100.100.080.080.060.060.040.040.020.020.000.000.150.1520212021
Download SVG
Download PNG
Download CSV
5. COMPETITION
6. Ownership
Insider Ownership Where Food Comes From, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
37.5 K USD 3
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
52.2 K USD 1
9-12 MONTHS
7. News
Where Food Comes From Q1 Profit Falls Amid Beef Market Headwinds WFCF posts lower Q1 earnings as beef market woes and avian flu weigh on revenues. Management highlights growth in retail labeling and upcycling. zacks.com - 1 month ago
Where Food Comes From, Inc. (WFCF) Q1 2025 Earnings Call Transcript Where Food Comes From, Inc. (NASDAQ:WFCF ) Q1 2025 Earnings Conference Call May 8, 2025 12:00 PM ET Company Participants Jay Pfeiffer - Investor Relations John Saunders - Chairman and Chief Executive Officer Conference Call Participants Operator Greetings, and welcome to the Where Food Comes From First Quarter Earnings Call. At this time all participants' are in a listen-only mode. seekingalpha.com - 1 month ago
Where Food Comes From, Inc. Reports 2025 First Quarter Financial Results First Quarter Highlights – 2025 vs. 2024 Verification and certification revenue $4.2 million vs. globenewswire.com - 1 month ago
Where Food Comes From, Inc. Schedules 2025 First Quarter Earnings Call CASTLE ROCK, Colo., May 05, 2025 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2025 first quarter financial results before the market opens on Thursday May 8, 2025, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern). globenewswire.com - 1 month ago
Where Food Comes From Posts Y/Y Earnings Growth & Flat Revenues in Q4 WFCF posts flat y/y revenues and an EPS rise in Q4 on bitcoin gains, with beef verification struggles offset by growth in new certification programs. zacks.com - 4 months ago
Where Food Comes From, Inc. (WFCF) Q4 2024 Earnings Call Transcript Where Food Comes From, Inc. (NASDAQ:WFCF ) Q4 2024 Results Conference Call February 20, 2025 12:00 PM ET Company Participants Jay Pfeiffer - Investor Relations John Saunders - Chief Executive Officer Leann Saunders - President Dannette Henning - Chief Financial Officer Operator Welcome to Where Food Comes From 2024 Year-End Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. seekingalpha.com - 4 months ago
Where Food Comes From, Inc. Reports 2024 Fourth Quarter and Full Year Financial Results Fourth Quarter Highlights – 2024 vs. 2023 Verification and certification revenue: $5.4M vs. globenewswire.com - 4 months ago
Where Food Comes From, Inc. Schedules 2024 Year End Earnings Call CASTLE ROCK, Colo., Feb. 17, 2025 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2024 full year financial results before the market opens on Thursday February 20, 2025, and conduct a conference call the same day at 10:00 a.m. globenewswire.com - 4 months ago
Upcycled Certified® Enjoys Strong Growth as Consumers Seek Out Sustainably Produced Foods and Beverages that Reduce Waste and Lessen Environmental Impacts CASTLE ROCK, Colo., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today reported accelerating growth of its Upcycled Certified® Program following acquisition of the popular certification standard one year ago. globenewswire.com - 5 months ago
Where Food Comes From Stock Declines Since Reporting Mixed Q3 Results WFCF sees marginal y/y revenue growth in Q3, but earnings dip 30.8%. Stock declines amid beef market challenges and increased operating costs. zacks.com - 7 months ago
Where Food Comes From, Inc. (WFCF) Q3 2024 Earnings Call Transcript Where Food Comes From, Inc. (NASDAQ:WFCF ) Q3 2024 Earnings Conference Call November 12, 2024 12:00 PM ET Company Participants Jay Pfeiffer - IR John Saunders - CEO Leann Saunders - President Danette Henning - CFO Operator Greetings, and welcome to Where Food Comes From Third Quarter Earnings Conference Call. At this time, all participants are in a listen only mode. seekingalpha.com - 7 months ago
Where Food Comes From, Inc. Reports 2024 Third Quarter and Nine-Month Financial Results Third Quarter Highlights – 2024 vs. 2023 Verification and certification revenue up 2% to $5.5 million from $5.4 million Product sales up 9% to $1.3 million from $1.2 million Total revenue up 1% to $7.1 million from $7.0 million Net income down 32% to $492,000 from $723,000 Diluted EPS of $0.09 vs. globenewswire.com - 7 months ago
8. Profile Summary

Where Food Comes From, Inc. WFCF

image
COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 55.5 M
Dividend Yield 0.00%
Description Where Food Comes From, Inc., together with its subsidiaries, provides verification and certification solutions for the agriculture, livestock, and food industries in the United States. The company operates through Verification and Certification, and Software Sales and Related Consulting segments. It conducts on-site and desk audits to verify that claims made about livestock, crops, and other food 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. The company also offers sustainability programs, compliance management, and software-as-a-service; maintenance, support, and software-related consulting services; and web-hosting services, as well as sells hardware. It 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 headquartered in Castle Rock, Colorado.
Contact 202 6th Street, Castle Rock, CO, 80104 https://wherefoodcomesfrom.com
IPO Date Nov. 15, 2006
Employees 93
Officers Mr. Jay Pfeiffer Manager of Investor Relations Mr. Jason Franco Chief Technology Officer Ms. Leann Saunders Co-Founder, President, Chief Operating Officer & Director Sarah Haskins HR Director Sara Simpson Accounting Manager CJ Scott Marketing & Communications Manager Mr. John K. Saunders Co-Founder, Chief Executive Officer & Executive Chairman Mr. James Riva Compliance Manager Mr. Doug Stanton Senior Vice President of Sales & Business Development Ms. Dannette D. Boyd Henning Chief Financial Officer & Corporate Secretary