Where Food Comes From, Inc. (WFCF) AI Stock Analysis

Where Food Comes From, Inc. operates across the agriculture, livestock, and food sectors in the United States through two main segments: Verification and Certification, and Software Sales and Related Consulting. Through on-site and desk audits, the company validates claims regarding livestock, crops, and food products. It offers the Where Food Comes From Source Verified labeling program to help consumers trace food origins, as well as sustainability programs and compliance management services. The company also provides Software-as-a-Service solutions, web-hosting, hardware sales, and consulting services to clients including beef and pork packers, organic producers, processors, and specialty retail chains.

Revenue grew from $21.9M in FY2021 to $24.8M in FY2022, $25.1M in FY2023, and $25.7M in FY2024, before falling 3.3% to $24.9M in FY2025. Over the five years from FY2020 to FY2025, revenue generated a compound annual growth rate of 4.4%. Gross margin contracted from 44.4% in FY2021 to 38.2% in FY2025, while operating margin decreased from 10.5% to 4.8%. Net income was $1.5M in FY2025, down from $3.0M in FY2021. For the latest quarter ended June 30, 2026, quarterly revenue rose 0.7% year-over-year, while quarterly earnings fell 25.0%. Over the trailing twelve months, revenue reached $25.0M with an operating margin of 10.1% and EPS of $0.28.

As of June 30, 2026, Where Food Comes From held $3.4M in cash and short-term investments against total debt of $729,000, resulting in net cash of $2.7M. Total assets stood at $13.6M and shareholders' equity was $8.8M. The company reported a current ratio of 1.67 and a debt-to-equity ratio of 0.08. In FY2025, it generated $1.6M in operating cash flow and $1.5M in free cash flow, deploying $155,000 to capital expenditures and $2.2M to share buybacks, which contributed to an 18.4% share count reduction over 5 years.

With a market cap of $69.2M and an enterprise value of $53.9M, WFCF trades at a trailing P/E of 49.6x and an EV/EBITDA of 19.0x, above the median of its US-listed Industrials peers of 24.8x and 13.9x, respectively. Its price-to-sales of 2.8x also sits above the peer median of 1.5x, though its forward P/E of 7.9x is lower than the peer median of 17.2x. Over the past year, WFCF returned 7.3%, trailing the S&P 500 return of 16.8%. Over 5 years, the stock gained 5.6% compared to 83.0% for the index.

The mean price target for Where Food Comes From, Inc. is $18.30, representing an upside of 31.7% relative to the last closing price of $13.90 recorded on October 16, 2026. Analysts note that the company delivered EPS beats in 2 of the last 4 quarters. The next earnings release is scheduled for November 12, 2026.

This page is an AI-written research summary of Where Food Comes From, Inc. (WFCF). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: WFCF income statement, WFCF balance sheet, WFCF key metrics, WFCF chart. See the WFCF stock overview for the latest quote and news.