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Farmmi

Nasdaq:FAMI
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FAMI
Nasdaq
$15M
Market Cap
  1. Home
  2. US
  3. Food, Beverage & Tobacco
Company description

Farmmi, Inc. processes and sells agricultural products in China, the United States, Japan, Canada, Europe, and the Middle East. The last earnings update was 50 days ago. More info.


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  • Farmmi has significant price volatility in the past 3 months.
FAMI Share Price and Events
7 Day Returns
-11.4%
NasdaqCM:FAMI
0.4%
US Food
0.3%
US Market
1 Year Returns
-75.9%
NasdaqCM:FAMI
0.6%
US Food
12.5%
US Market
FAMI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Farmmi (FAMI) -11.4% -18.4% 7.8% -75.9% - -
US Food 0.4% -0.6% -0.2% 0.6% -6.3% 18%
US Market 0.3% 4.1% 5.6% 12.5% 39.4% 44.7%
1 Year Return vs Industry and Market
  • FAMI underperformed the Food industry which returned 0.6% over the past year.
  • FAMI underperformed the Market in United States of America which returned 12.5% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Farmmi's competitors could be found in our database.

FAMI Value

 Is Farmmi undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Farmmi. This is due to cash flow or dividend data being unavailable. The share price is $1.24.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Farmmi's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Farmmi's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:FAMI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.16
NasdaqCM:FAMI Share Price ** NasdaqCM (2019-11-12) in USD $1.24
United States of America Food Industry PE Ratio Median Figure of 41 Publicly-Listed Food Companies 24.94x
United States of America Market PE Ratio Median Figure of 2,922 Publicly-Listed Companies 18.25x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Farmmi.

NasdaqCM:FAMI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:FAMI Share Price ÷ EPS (both in USD)

= 1.24 ÷ 0.16

7.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Farmmi is good value based on earnings compared to the US Food industry average.
  • Farmmi is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Farmmi's expected growth come at a high price?
Raw Data
NasdaqCM:FAMI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.3%per year
United States of America Food Industry PEG Ratio Median Figure of 28 Publicly-Listed Food Companies 1.24x
United States of America Market PEG Ratio Median Figure of 2,023 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Farmmi, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Farmmi's assets?
Raw Data
NasdaqCM:FAMI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $1.81
NasdaqCM:FAMI Share Price * NasdaqCM (2019-11-12) in USD $1.24
United States of America Food Industry PB Ratio Median Figure of 69 Publicly-Listed Food Companies 2.17x
United States of America Market PB Ratio Median Figure of 5,066 Publicly-Listed Companies 1.74x
NasdaqCM:FAMI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:FAMI Share Price ÷ Book Value per Share (both in USD)

= 1.24 ÷ 1.81

0.69x

* Primary Listing of Farmmi.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Farmmi is good value based on assets compared to the US Food industry average.
X
Value checks
We assess Farmmi's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Farmmi has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FAMI Future Performance

 How is Farmmi expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Farmmi, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Farmmi expected to grow at an attractive rate?
  • Farmmi's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Farmmi's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Farmmi's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:FAMI Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:FAMI Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.3%
United States of America Food Industry Earnings Growth Rate Market Cap Weighted Average 21.3%
United States of America Food Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:FAMI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:FAMI Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 31 -5 2
2018-12-31 31 -4 3
2018-09-30 30 -3 3
2018-06-30 29 -3 3
2018-03-31 28 -3 3
2017-12-31 27 -1 3
2017-09-30 27 2 3
2017-06-30 25 0 3
2017-03-31 22 -2 3
2016-12-31 22 -1 2
2016-09-30 21 -1 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Farmmi's earnings are expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Farmmi is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:FAMI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Farmmi Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:FAMI Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.16
2018-12-31 0.22
2018-09-30 0.29
2018-06-30 0.31
2018-03-31 0.33
2017-12-31 0.33
2017-09-30 0.33
2017-06-30 0.29
2017-03-31 0.25
2016-12-31 0.24
2016-09-30 0.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Farmmi will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Farmmi's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Farmmi has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FAMI Past Performance

  How has Farmmi performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Farmmi's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Farmmi's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Farmmi's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Farmmi's 1-year earnings growth is negative, it can't be compared to the US Food industry average.
Earnings and Revenue History
Farmmi's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Farmmi Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:FAMI Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 31.19 1.85 2.33
2018-12-31 30.50 2.54 2.16
2018-09-30 29.82 3.22 1.99
2018-06-30 28.92 3.28 1.57
2018-03-31 28.02 3.33 1.16
2017-12-31 27.34 3.30 1.11
2017-09-30 26.67 3.27 1.06
2017-06-30 24.52 2.91 1.02
2017-03-31 22.38 2.55 0.99
2016-12-31 21.55 2.43 0.73
2016-09-30 20.72 2.31 0.47
2015-09-30 11.41 0.76 0.39

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Farmmi has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Farmmi used its assets more efficiently than the US Food industry average last year based on Return on Assets.
  • Farmmi's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Farmmi's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Farmmi has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FAMI Health

 How is Farmmi's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Farmmi's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Farmmi is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Farmmi has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Farmmi's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Farmmi Company Filings, last reported 7 months ago.

NasdaqCM:FAMI Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 22.70 7.44 5.34
2018-12-31 22.70 7.44 5.34
2018-09-30 19.21 2.22 4.93
2018-06-30 19.21 2.22 4.93
2018-03-31 18.85 2.45 4.87
2017-12-31 18.85 2.45 4.87
2017-09-30 10.65 2.73 2.59
2017-06-30 10.65 2.73 2.59
2017-03-31 8.18 3.22 0.06
2016-12-31 8.18 3.22 0.06
2016-09-30 7.29 4.13 0.05
2015-09-30 1.56 5.92 0.16
  • Farmmi's level of debt (32.8%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Farmmi's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Farmmi's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Farmmi has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FAMI Dividends

 What is Farmmi's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Farmmi dividends.
If you bought $2,000 of Farmmi shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Farmmi's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Farmmi's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:FAMI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Food Industry Average Dividend Yield Market Cap Weighted Average of 29 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1948 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Farmmi has not reported any payouts.
  • Unable to verify if Farmmi's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Farmmi's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Farmmi has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Farmmi's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Farmmi afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Farmmi has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FAMI Management

 What is the CEO of Farmmi's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Yefang Zhang
COMPENSATION $84,452
AGE 52
TENURE AS CEO 4.3 years
CEO Bio

Ms. Yefang Zhang has been Chief Executive Officer of Farmmi, Inc. since July 2015. Ms. Zhang has been the General Manager of Forasen Group since January 1998. She manages the business operations of Forasen Group. She helped to found Zhejiang Forasen Group Co., LTD in October 2002. She served as General Manager of Zhejiang Forasen Food and Stuff Co., Ltd. from 1997 to 2002. Ms She has served as the General Manager at Zhejiang Forest Food Co., Ltd. since May 2003. Ms. Zhang has been in leadership roles for over a dozen years. From 1994 to 1997, she served as Vice General Manager of Lishui Jingning Huali Co., Ltd. From 1991 to 1994, she was a Teacher at Wenzhou Wencheng Huangtan Middle School. She has been Chairwoman of Farmmi, Inc. since July 2015 and serves as its Director. She serves as a Director of Zhejiang Tantech Bamboo Technology Co., Ltd. Ms. Zhang has been a Director of Tantech Holdings Ltd since October 2002. From 1990 to 1994, she served on the board of Lishui Farmer’s Economic Committee. Ms. Zhang earned her Bachelor’s Degree in Geography from Wenzhou Normal College in July 1991. Ms. Zhang earned an Executive MBA from Zhejiang University of Industrial Management in Hangzhou in July 2005.

CEO Compensation
  • Yefang's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Yefang's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Farmmi management team in years:

2.7
Average Tenure
44
Average Age
  • The tenure for the Farmmi management team is about average.
Management Team

Yefang Zhang

TITLE
Chairwoman of Board of Directors & CEO
COMPENSATION
$84K
AGE
52
TENURE
4.3 yrs

Jun Zhou

TITLE
Chief Financial Officer
COMPENSATION
$61K
AGE
34
TENURE
2.7 yrs

Liang Han

TITLE
Chief Operating Officer
COMPENSATION
$46K
AGE
44
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Farmmi board of directors in years:

2.8
Average Tenure
54
Average Age
  • The average tenure for the Farmmi board of directors is less than 3 years, this suggests a new board.
Board of Directors

Yefang Zhang

TITLE
Chairwoman of Board of Directors & CEO
COMPENSATION
$84K
AGE
52
TENURE
4.3 yrs

Yunhao Chen

TITLE
Independent Director
COMPENSATION
$10K
AGE
43
TENURE
2.8 yrs

Kangbin Zheng

TITLE
Independent Director
COMPENSATION
$10K
AGE
56
TENURE
2.8 yrs

Hongdao Qian

TITLE
Independent Director
COMPENSATION
$10K
AGE
54
TENURE
2.3 yrs

Zhengyu Wang

TITLE
Director
AGE
56
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Farmmi's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Farmmi has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FAMI News

Simply Wall St News

Some Farmmi (NASDAQ:FAMI) Shareholders Have Copped A Big 65% Share Price Drop

See our latest analysis for Farmmi To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … The share price decline of 65% is actually more than the EPS drop.

Simply Wall St -

How Much Of Farmmi, Inc. (NASDAQ:FAMI) Do Insiders Own?

Farmmi is a smaller company with a market capitalization of US$22m, so it may still be flying under the radar of many institutional investors. … See our latest analysis for Farmmi NasdaqCM:FAMI Ownership Summary, July 9th 2019 What Does The Lack Of Institutional Ownership Tell Us About Farmmi? … The most common is that the company is too small relative to fund under management, so the institition does not bother to look closely at the company.

Simply Wall St -

Farmmi, Inc. (NASDAQ:FAMI) Is Employing Capital Very Effectively

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Farmmi: 0.16 = US$3.1m ÷ (US$22m - US$2.2m) (Based on the trailing twelve months to September 2018.) Therefore, Farmmi has an ROCE of 16%. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Does Farmmi, Inc.'s (NASDAQ:FAMI) P/E Ratio Signal A Buying Opportunity?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Farmmi has a price to earnings ratio of 7.53, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Is Farmmi, Inc.'s (NASDAQ:FAMI) Balance Sheet Strong Enough To Weather A Storm?

(NASDAQ:FAMI) with its market cap of US$38m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

Simply Wall St -

Did You Manage To Avoid Farmmi's 49% Share Price Drop?

(NASDAQ:FAMI) share price is down 49% in the last year. … One flawed but reasonable way to assess how sentiment around a company has changed, is to compare the earnings per share (EPS) with the share price. … The share price decline of 49% is actually more than the EPS drop.

Simply Wall St -

Why You Should Like Farmmi, Inc.’s (NASDAQ:FAMI) ROCE

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

Does Farmmi Inc (NASDAQ:FAMI) Create Value For Shareholders?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.18 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Should You Be Tempted To Sell Farmmi Inc (NASDAQ:FAMI) At Its Current PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to better understand how you can grow your money by investing in Farmmi Inc (NASDAQ:FAMI). … While this makes FAMI appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio

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Should You Be Concerned About Farmmi Inc's (NASDAQ:FAMI) Shareholders?

Ownership structure of a company has been found to affect share performance over time. … View our latest analysis for Farmmi NasdaqCM:FAMI Ownership_summary Mar 28th 18 Insider Ownership Another important group of shareholders are company insiders. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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FAMI Company Info

Description

Farmmi, Inc. processes and sells agricultural products in China, the United States, Japan, Canada, Europe, and the Middle East. The company offers shiitake and Mu Er mushrooms; and other edible fungi products, including bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondosa, coprinus comatus, and hericium erinaceus. It also operates Farmmi Jicai, an online store that sells edible fungi products under Forasen and Farmmi Liangpin brands; Farmmi Liangpin Market, an online store that sells edible fungi products under Farmmi Liangpin and Puyangtang brands, as well as other agricultural products purchased from third party manufacturers. The company offers its products through distributors. Farmmi, Inc. was founded in 2015 and is headquartered in Lishui, China.

Details
Name: Farmmi, Inc.
FAMI
Exchange: NasdaqCM
Founded: 2015
$15,420,985
12,436,279
Website: http://www.farmmi88.com
Address: Farmmi, Inc.
No. 307, Tianning Industrial Area,
Lishui,
Zhejiang Province, 323000,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM FAMI Ordinary Shares Nasdaq Capital Market US USD 16. Feb 2018
Number of employees
Current staff
Staff numbers
122
Farmmi employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/13 00:49
End of day share price update: 2019/11/12 00:00
Last earnings filing: 2019/09/24
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.