Where Food Comes From, Inc. (WFCF) Financial Ratios
28 years of historical data (1998–2025) · Technology · Software - Application
EV/EBITDA
↑
45.07
↑+71% vs avg
5yr avg: 26.32
30Y Low7.2·High75.9
P/FCF
↑
58.82
↑+80% vs avg
5yr avg: 32.75
30Y Low9.2·High150.8
P/B Ratio
↓
9.38
↑+39% vs avg
5yr avg: 6.74
30Y Low3.6·High99.4
ROE
↓
16.0%
-14% vs avg
5yr avg: 18.5%
30Y Low-206%·High430%
Debt/EBITDA
↓
0.78
↓-15% vs avg
5yr avg: 0.92
30Y Low0.0·High4.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
WFCF Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Where Food Comes From, Inc. trades at 56.3x earnings, 58% above its 5-year average of 35.7x, sitting at the 71st percentile of its historical range. Compared to the Technology sector median P/E of 27.7x, the stock trades at a premium of 103%. On a free-cash-flow basis, the stock trades at 58.8x P/FCF, 80% above the 5-year average of 32.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $85M | $59M | $71M | $75M | $84M | $90M | $87M | $43M | $50M | $74M | $48M |
| Enterprise Value | $84M | $58M | $71M | $75M | $83M | $88M | $87M | $44M | $49M | $71M | $46M |
| P/E Ratio → | 56.30 | 38.30 | 33.10 | 34.74 | 42.33 | 30.23 | 63.64 | 43.00 | 61.23 | 296.00 | 101.00 |
| P/S Ratio | 3.43 | 2.38 | 2.74 | 2.99 | 3.39 | 4.09 | 4.34 | 2.07 | 2.79 | 4.76 | 4.17 |
| P/B Ratio | 9.38 | 6.38 | 7.11 | 6.95 | 6.76 | 6.53 | 6.99 | 3.60 | 4.07 | 6.54 | 4.28 |
| P/FCF | 58.82 | 40.87 | 27.47 | 28.11 | 35.32 | 31.97 | 43.81 | 17.18 | 63.15 | 128.23 | 89.61 |
| P/OCF | 53.15 | 36.93 | 25.87 | 26.64 | 31.77 | 29.72 | 35.52 | 14.97 | 43.09 | 111.89 | 49.09 |
P/E links to full P/E history page with 30-year chart
WFCF EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Where Food Comes From, Inc.'s enterprise value stands at 45.1x EBITDA, 71% above its 5-year average of 26.3x. The Technology sector median is 17.5x, placing the stock at a 158% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.31 | 2.76 | 3.00 | 3.34 | 4.01 | 4.35 | 2.13 | 2.74 | 4.60 | 3.97 |
| EV / EBITDA | 45.07 | 31.03 | 24.93 | 22.62 | 24.71 | 28.33 | 32.54 | 16.69 | 26.80 | 75.89 | 51.10 |
| EV / EBIT | 69.36 | 25.80 | 23.85 | 27.93 | 29.47 | 24.24 | 46.95 | 29.61 | 55.68 | 864.66 | 72.65 |
| EV / FCF | — | 39.66 | 27.68 | 28.17 | 34.80 | 31.31 | 43.93 | 17.64 | 61.84 | 123.91 | 85.33 |
WFCF Profitability
Margins and return-on-capital ratios measuring operating efficiency
Where Food Comes From, Inc. earns an operating margin of 4.8%. Operating margins have compressed from 10.7% to 4.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 16.0% indicates solid capital efficiency. ROIC of 10.0% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.2% | 38.2% | 41.0% | 41.9% | 42.1% | 44.4% | 44.5% | 43.7% | 43.5% | 44.2% | 46.6% |
| Operating Margin | 4.8% | 4.8% | 8.6% | 10.7% | 10.7% | 10.5% | 8.4% | 7.5% | 4.9% | 0.5% | 5.5% |
| Net Profit Margin | 6.2% | 6.2% | 8.2% | 8.6% | 8.0% | 13.5% | 6.9% | 6.5% | 4.5% | 0.9% | 3.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.0% | 16.0% | 20.4% | 18.5% | 15.2% | 22.6% | 11.3% | 11.1% | 6.8% | 1.3% | 4.6% |
| ROA | 10.9% | 10.9% | 13.4% | 12.4% | 10.5% | 15.1% | 7.4% | 8.2% | 5.8% | 1.1% | 4.1% |
| ROIC | 10.0% | 10.0% | 15.4% | 18.2% | 17.2% | 14.1% | 9.8% | 9.6% | 6.6% | 0.7% | 7.4% |
| ROCE | 11.0% | 11.0% | 17.4% | 18.9% | 16.6% | 13.9% | 10.6% | 11.0% | 7.2% | 0.7% | 6.6% |
WFCF Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Where Food Comes From, Inc. carries a Debt/EBITDA ratio of 0.8x, which is very conservative (73% below the sector average of 2.9x). The company holds a net cash position — cash of $3M exceeds total debt of $1M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 744.0x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.15 | 0.15 | 0.26 | 0.26 | 0.25 | 0.26 | 0.37 | 0.32 | 0.04 | 0.02 | 0.02 |
| Debt / EBITDA | 0.78 | 0.78 | 0.89 | 0.84 | 0.93 | 1.14 | 1.72 | 1.43 | 0.25 | 0.25 | 0.20 |
| Net Debt / Equity | — | -0.19 | 0.05 | 0.01 | -0.10 | -0.14 | 0.02 | 0.10 | -0.08 | -0.22 | -0.20 |
| Net Debt / EBITDA | -0.95 | -0.95 | 0.19 | 0.05 | -0.37 | -0.60 | 0.09 | 0.44 | -0.57 | -2.64 | -2.56 |
| Debt / FCF | — | -1.21 | 0.21 | 0.06 | -0.52 | -0.66 | 0.12 | 0.46 | -1.31 | -4.31 | -4.28 |
| Interest Coverage | 744.00 | 744.00 | 745.75 | 539.40 | 939.67 | 604.33 | 143.08 | 149.30 | 180.80 | 51.65 | 418.26 |
Net cash position: cash ($3M) exceeds total debt ($1M)
WFCF Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Where Food Comes From, Inc.'s current ratio of 2.03x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 2.09x to 2.03x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.03 | 2.03 | 1.74 | 2.09 | 2.60 | 2.90 | 2.39 | 2.14 | 2.57 | 2.97 | 3.55 |
| Quick Ratio | 1.78 | 1.78 | 1.43 | 1.71 | 2.31 | 2.64 | 2.39 | 2.14 | 2.57 | 2.97 | 3.55 |
| Cash Ratio | 1.04 | 1.04 | 0.63 | 0.89 | 1.44 | 1.81 | 1.40 | 1.06 | 1.01 | 1.83 | 2.40 |
| Asset Turnover | — | 1.93 | 1.68 | 1.54 | 1.36 | 1.11 | 1.03 | 1.14 | 1.23 | 1.16 | 0.90 |
| Inventory Turnover | 19.42 | 19.42 | 15.15 | 13.18 | 16.19 | 15.90 | — | — | — | — | — |
| Days Sales Outstanding | — | 24.61 | 25.89 | 30.90 | 31.91 | 36.25 | 45.60 | 44.19 | 45.21 | 44.86 | 42.26 |
WFCF Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Where Food Comes From, Inc. returns 2.5% to shareholders annually primarily through share buybacks. The earnings yield of 1.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | 1.0% | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.8% | 2.6% | 3.0% | 2.9% | 2.4% | 3.3% | 1.6% | 2.3% | 1.6% | 0.3% | 1.0% |
| FCF Yield | 1.7% | 2.4% | 3.6% | 3.6% | 2.8% | 3.1% | 2.3% | 5.8% | 1.6% | 0.8% | 1.1% |
| Buyback Yield | 2.5% | 3.6% | 4.6% | 5.3% | 4.1% | 1.2% | 1.2% | 1.3% | 0.8% | 0.3% | 0.7% |
| Total Shareholder Yield | 2.5% | 3.6% | 4.6% | 5.3% | 4.1% | 2.2% | 1.2% | 1.3% | 0.8% | 0.3% | 0.7% |
| Shares Outstanding | — | $5M | $5M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M |
Peer Comparison
Compare WFCF with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 WFCFYou | $85M | 56.3 | 45.1 | 58.8 | 38.2% | 4.8% | 16.0% | 10.0% | 0.8 |
 NSA | $3B | 61.9 | 14.4 | 11.1 | 46.0% | 37.0% | 4.5% | 4.1% | 7.3 |
 ACCO | $375M | 9.2 | 6.8 | 7.4 | 29.8% | 7.1% | 6.5% | 5.5% | 5.1 |
 HCKT | $288M | 24.3 | 11.0 | 8.9 | 38.3% | 8.7% | 14.1% | 16.4% | 2.5 |
 PRDO | $2B | 14.2 | 9.0 | 10.0 | 71.7% | 23.2% | 16.6% | 15.3% | 0.4 |
 BV | $1B | 22.8 | 6.7 | 32.2 | 23.3% | 5.0% | 3.1% | 3.9% | 3.0 |
 SPGI | $127B | 29.2 | 18.2 | 23.3 | 70.2% | 42.2% | 12.1% | 9.7% | 1.9 |
 MCO | $81B | 33.4 | 21.9 | 31.5 | 68.2% | 44.8% | 62.0% | 22.5% | 1.9 |
 CEVA | $810M | -91.1 | — | 1569.5 | 88.1% | -7.1% | -3.3% | -2.3% | — |
 VRSK | $23B | 26.9 | 15.3 | 19.2 | 67.3% | 44.6% | 437.9% | 33.0% | 3.0 |
 TSN | $24B | 49.9 | 11.3 | 20.5 | 6.5% | 2.6% | 2.6% | 4.1% | 3.2 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 27 years · Updated daily
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Start ComparisonWFCF — Frequently Asked Questions
Quick answers to the most common questions about buying WFCF stock.
What is Where Food Comes From, Inc.'s P/E ratio?
Where Food Comes From, Inc.'s current P/E ratio is 56.3x. The historical average is 45.7x. This places it at the 71th percentile of its historical range.
What is Where Food Comes From, Inc.'s EV/EBITDA?
Where Food Comes From, Inc.'s current EV/EBITDA is 45.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 30.7x.
What is Where Food Comes From, Inc.'s ROE?
Where Food Comes From, Inc.'s return on equity (ROE) is 16.0%. The historical average is 16.4%.
Is WFCF stock overvalued?
Based on historical data, Where Food Comes From, Inc. is trading at a P/E of 56.3x. This is at the 71th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Where Food Comes From, Inc.'s profit margins?
Where Food Comes From, Inc. has 38.2% gross margin and 4.8% operating margin.
How much debt does Where Food Comes From, Inc. have?
Where Food Comes From, Inc.'s Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.