Forafric Global Plc Stock Five Year Return
| AFRI Stock | USD 10.48 0.18 1.75% |
Forafric Global PLC fundamentals help investors to digest information that contributes to Forafric Global's financial success or failures. It also enables traders to predict the movement of Forafric Stock. The fundamental analysis module provides a way to measure Forafric Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forafric Global stock.
Forafric | Five Year Return |
Forafric Global PLC Company Five Year Return Analysis
Forafric Global's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Forafric Five Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Forafric Global is extremely important. It helps to project a fair market value of Forafric Stock properly, considering its historical fundamentals such as Five Year Return. Since Forafric Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forafric Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forafric Global's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
| Competition |
Forafric Return On Tangible Assets
Return On Tangible Assets |
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According to the company disclosure, Forafric Global PLC has a Five Year Return of 0.0%. This indicator is about the same for the Food Products average (which is currently at 0.0) sector and about the same as Consumer Staples (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Forafric Five Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forafric Global's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forafric Global could also be used in its relative valuation, which is a method of valuing Forafric Global by comparing valuation metrics of similar companies.Forafric Global is currently under evaluation in five year return category among related companies.
Forafric Fundamentals
| Return On Equity | -0.34 | ||||
| Return On Asset | 0.0023 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 458.01 M | ||||
| Shares Outstanding | 26.88 M | ||||
| Shares Owned By Insiders | 82.63 % | ||||
| Shares Owned By Institutions | 1.76 % | ||||
| Number Of Shares Shorted | 284.62 K | ||||
| Price To Book | 10.22 X | ||||
| Price To Sales | 0.99 X | ||||
| Revenue | 305.48 M | ||||
| Gross Profit | 42.37 M | ||||
| EBITDA | 7.21 M | ||||
| Net Income | (12.68 M) | ||||
| Cash And Equivalents | 21.08 M | ||||
| Cash Per Share | 0.80 X | ||||
| Total Debt | 198.77 M | ||||
| Debt To Equity | 4.55 % | ||||
| Current Ratio | 0.60 X | ||||
| Book Value Per Share | 0.85 X | ||||
| Cash Flow From Operations | 33.33 M | ||||
| Short Ratio | 22.83 X | ||||
| Earnings Per Share | (0.65) X | ||||
| Number Of Employees | 600 | ||||
| Beta | 0.38 | ||||
| Market Capitalization | 276.86 M | ||||
| Total Asset | 309.45 M | ||||
| Retained Earnings | (115.35 M) | ||||
| Working Capital | (94.61 M) | ||||
| Net Asset | 309.45 M |
About Forafric Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forafric Global PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forafric Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forafric Global PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forafric Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forafric Global's short interest history, or implied volatility extrapolated from Forafric Global options trading.
Pair Trading with Forafric Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forafric Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forafric Global will appreciate offsetting losses from the drop in the long position's value.Moving against Forafric Stock
| 0.56 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.55 | BG | Bunge Limited | PairCorr |
| 0.51 | TPB | Turning Point Brands | PairCorr |
| 0.49 | TSN | Tyson Foods Financial Report 13th of May 2024 | PairCorr |
| 0.47 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
The ability to find closely correlated positions to Forafric Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forafric Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forafric Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forafric Global PLC to buy it.
The correlation of Forafric Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forafric Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forafric Global PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forafric Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Forafric Global Piotroski F Score and Forafric Global Altman Z Score analysis. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Forafric Stock analysis
When running Forafric Global's price analysis, check to measure Forafric Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.
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Is Forafric Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forafric Global. If investors know Forafric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forafric Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share 11.365 | Quarterly Revenue Growth 0.186 | Return On Assets 0.0023 | Return On Equity (0.34) |
The market value of Forafric Global PLC is measured differently than its book value, which is the value of Forafric that is recorded on the company's balance sheet. Investors also form their own opinion of Forafric Global's value that differs from its market value or its book value, called intrinsic value, which is Forafric Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forafric Global's market value can be influenced by many factors that don't directly affect Forafric Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forafric Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forafric Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forafric Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.