Stocktoria
Where Food Comes From, Inc. WFCF
Where Food Comes From, Inc. (WFCF) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the safe zone. It pays a dividend yielding 1.57% (safety: no dividend). FY2025 revenue was $24.9M at a 6.2% 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: -2.57 — 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 Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 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 · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.247 |
| Retained earnings / assets | 0.857 |
| EBIT / assets | 0.093 |
| Equity / liabilities | 2.589 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| WFCF | Where Food Comes From, Inc. | 6/9 | 7.76 | 37.8 | -3.3% |
| FNGR | FingerMotion, Inc. | 1/9 | -1.97 | — | -32.2% |
| DUOT | DUOS TECHNOLOGIES GROUP, INC. | 4/9 | -0.69 | — | — |
| IDN | Intellicheck, Inc. | 5/9 | -8.99 | 69.2 | +13.3% |
| ZDGE | Zedge, Inc. | 5/9 | 3.46 | — | -2.3% |
| FATN | Fatpipe Inc/UT | 4/9 | 7.38 | 17 | +17.9% |
| TAOP | Taoping Inc. | 3/9 | -16.73 | — | -16% |
About Where Food Comes From, Inc.
Where Food Comes From, Inc., together with its subsidiaries, operates as a third-party food verification company in North America. The company conducts on-site and desk audits to verify claims about livestock, food, other specialty crops, and agricultural and aquaculture products; offers various value-added services, including verification, certification, consulting, and other professional services; and sells hardware and technology solutions. It serves farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands, chefs, and restaurants, as well as beef and pork packers, organic producers and processors, and specialty retail chains. The company was formerly known as Integrated Management Information, Inc. and changed its name to Where Food Comes From, Inc. in December 2012. Where Food Comes From, Inc. was founded in 1996 and is based in Castle Rock, Colorado.
FAQ
Is WFCF financially healthy?
Where Food Comes From, Inc.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does WFCF pay a dividend, and is it safe?
Yes. Where Food Comes From, Inc. pays a dividend yielding about 1.57% with a None payout ratio, rated “no dividend” for safety.
How profitable is WFCF?
In FY2025, Where Food Comes From, Inc. had a net margin of 6.2% and a return on equity of 16.5%.
Is WFCF overvalued or undervalued?
Where Food Comes From, Inc. trades at about 40.4× trailing earnings — below its 10-year norm (10-year range 24.3×–4800.0×, median 62.7×). Stocktoria reports the data, not buy/sell advice.
Is WFCF a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Where Food Comes From, Inc.: a Piotroski F-score of 6/9, an Altman Z″ in the safe zone, a P/E of about 37.8×, a dividend yield of 1.57%. 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.