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Forafric Global PLC Ordinary Shares(AFRI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for AFRI
09/16/2026: AFRI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Forafric Global PLC is an agribusiness and food processing company focusing on milling and grain-based production in Africa. The company benefits from a solid foundation in Morocco and an integrated supply chain, which supports its role as a major regional player. Its primary growth opportunity lies in capitalizing on the rising food demand across the African continent. However, investors must consider risks including sensitivity to volatile global wheat prices, regional operational complexities, and potential margin pressure from larger competitors. It may suit investors looking for exposure to African growth, though the lack of a dividend and high price volatility requires a tolerance for risk.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers exposure to African economic growth, but execution remains the primary variable. |
| Momentum investor | Weak fit | The stock lacks the consistent high-volume trading and sustained upward price momentum required for this style. |
| Value investor | Mixed fit | Valuation may appear attractive in certain cycles, but risks require a significant margin of safety. |
| Dividend investor | Weak fit | The company does not provide a reliable or established dividend stream for income-focused investors. |
| Low-risk investor | Weak fit | High sensitivity to commodity prices and regional volatility makes this unsuitable for low-risk profiles. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Profit margins are highly sensitive to global wheat commodity prices. |
| Valuation risk | Medium | As a smaller player, the stock can experience significant price swings based on limited liquidity. |
| Competition risk (Agribusiness) | Medium / high | Local and global competitors continue to pressure market pricing and shelf space. |
| Business quality | Medium | The business provides essential staples but faces logistical and structural challenges. |
| Dividend income | Low / none | The company currently prioritizes capital retention over shareholder distributions. |
| Execution risk | Medium / high | Scaling operations across diverse African markets introduces significant operational complexity. |
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 24.25% | Avg. Invested days 61 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/16/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 299.43M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 20.6K shares | Beta 0.37 | 52 Weeks Range 8.13 - 11.90 | Updated Date 09/16/2026 |
52 Weeks Range 8.13 - 11.90 | Updated Date 09/16/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.45 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Milling and Grain Processing | Production of flour, semolina, and other wheat-based inputs for industrial and consumer use. | The company makes money by turning raw wheat into processed goods that are staples in the African diet. |
| Geography: Africa | Concentrated operations in Morocco and broader North/West African export markets. | Earnings are directly linked to the economic health and food demand of African consumer markets. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 443.84M | Price to Sales(TTM) 1.7 |
Enterprise Value 443.84M | Price to Sales(TTM) 1.7 | ||
Enterprise Value to Revenue 2.51 | Enterprise Value to EBITDA 43.64 | Shares Outstanding 26.96M | Shares Floating 4.90M |
Shares Outstanding 26.96M | Shares Floating 4.90M | ||
Percent Insiders 81.59 | Percent Institutions 3.52 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Forafric Global PLC Ordinary Shares
Exchange NASDAQ | Headquarters - | ||
IPO Launch date 2022-06-10 | Chairman of the Board & CEO Mr. Khalid Assari | ||
Sector Consumer Defensive | Industry Farm Products | Full time employees 600 | Website https://forafric.com |
Full time employees 600 | Website https://forafric.com | ||
Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and West Africa. It operates through Soft Wheat, Durum Wheat, and Couscous and Pasta segments. The company provides wheat flours and semolina; and secondary processing products, such as pasta and couscous. It operates under the TRIA and MayMouna brand names. The company serves wholesale foods manufacturers and distributors. It also exports its products to approximately 45 countries. Forafric Global PLC was founded in 1926 and is headquartered in Gibraltar.
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