Forafric Global PLC (AFRI) intrinsic value & 10-year financials

Forafric Global PLC (AFRI) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 7 fiscal years revenue shrank 2.1% a year to $176.5M, with an average return on invested capital of -14.8%.

Graham intrinsic value
—
Revenue (FY2025)
$176.5M
Revenue growth (7-yr CAGR)
-2.1%
ROIC (10-yr avg)
-14.8%
Free cash flow (FY2025)
-$161.0K

AFRI 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $176.5M -$14.9M — -$161.0K -2.0% -17.2%
FY2024 $274.2M -$24.3M — $21.7M -2.8% -33.0%
FY2023 $305.5M -$12.7M -$0.47 $23.8M 0.4% 3.4%
FY2022 $289.8M -$19.1M -$0.72 -$62.1M -0.5% -2.6%
FY2021 $261.7M -$8.0M -$0.38 -$30.9M 1.3% 5.3%
FY2020 $196.6M -$110.0K — -$12.1M 5.0% -44.8%
FY2019 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Forafric Global PLC revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Forafric Global PLC has historically struggled to out-earn its cost of capital, averaging just -14.8% ROIC.

Forafric Global PLC capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Forafric Global PLC is modeled at -2.1% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-2.02 per share.

AFRI stock: frequently asked questions

Does Forafric Global PLC generate free cash flow?

Forafric Global PLC generated -$161.0K of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 2 of the last 6 reported years.

What is AFRI's return on invested capital?

Average ROIC over the last 7 fiscal years was -14.8%, and average return on equity was -80.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this AFRI data come from?

From Forafric Global PLC's annual 10-K filings on SEC EDGAR, most recently filed May 15, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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