Stocktoria
Forafric Global PLC AFRI
Forafric Global PLC (AFRI) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $176.5M at a -8.4% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.91 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.565 |
| Retained earnings / assets | -0.626 |
| EBIT / assets | -0.014 |
| Equity / liabilities | 0.028 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| AFRI | Forafric Global PLC | 4/9 | -5.81 | — | -35.6% |
| TNBI | Tanke Biosciences Corp | 3/9 | 4.97 | — | +19.8% |
| FRPT | Freshpet, Inc. | 7/9 | 3.57 | 20.3 | +13% |
| INGR | Ingredion Inc | 8/9 | 6.28 | 8.4 | -2.8% |
| POST | Post Holdings, Inc. | 4/9 | 1.71 | 12.1 | +3% |
| GIS | GENERAL MILLS INC | 5/9 | 2.3 | — | -5.4% |
| VFS | VinFast Auto Ltd. | 4/9 | -13.01 | — | +57.9% |
About Forafric Global PLC
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.
FAQ
Is AFRI financially healthy?
Forafric Global PLC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does AFRI pay a dividend?
No, Forafric Global PLC does not currently pay a dividend.
How profitable is AFRI?
In FY2025, Forafric Global PLC had a net margin of -8.4% and a return on equity of -223.7%.
Is AFRI a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Forafric Global PLC: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.