Forafric Global PLC Ordinary Shares (AFRI) - Net Assets
Based on the latest financial reports, Forafric Global PLC Ordinary Shares (AFRI) has net assets worth $5.32 Million USD as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($246.08 Million) and total liabilities ($240.76 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check AFRI intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $5.32 Million |
| % of Total Assets | 2.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | -89.78% |
| 10-Year Change | N/A |
| Growth Volatility | 30.58 |
Forafric Global PLC Ordinary Shares - Net Assets Trend (2019–2024)
This chart illustrates how Forafric Global PLC Ordinary Shares's net assets have evolved over time, based on quarterly financial data. See AFRI defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Forafric Global PLC Ordinary Shares (2019–2024)
The table below shows the annual net assets of Forafric Global PLC Ordinary Shares from 2019 to 2024. For live valuation and market cap data, see AFRI market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.32 Million | -81.80% |
| 2023-12-31 | $29.21 Million | -35.03% |
| 2022-12-31 | $44.95 Million | -5.66% |
| 2021-12-31 | $47.65 Million | -8.35% |
| 2020-12-31 | $51.99 Million | +170.18% |
| 2019-12-31 | $-74.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forafric Global PLC Ordinary Shares's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6505700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $27.00K | % |
| Other Comprehensive Income | $-5.67 Million | % |
| Other Components | $143.65 Million | % |
| Total Equity | $-1.67 Million | 100.00% |
Forafric Global PLC Ordinary Shares Competitors by Market Cap
The table below lists competitors of Forafric Global PLC Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Swan Cotton
SHG:603029
|
$267.76 Million |
|
Sovereign Metals Ltd
AU:SVM
|
$267.78 Million |
|
Space Asset Acquisition Corp. Class A Ordinary Shares
NASDAQ:SAAQ
|
$267.80 Million |
|
Atreyu Capital Markets Ltd
TA:ATRY
|
$267.87 Million |
|
Oyster Enterprises II Acquisition Corp Class A Ordinary Shares
NASDAQ:OYSE
|
$267.62 Million |
|
Shanghai Baolijia Chemical Co. Ltd.
SHE:301037
|
$267.53 Million |
|
Carlsmed, Inc. Common Stock
NASDAQ:CARL
|
$267.50 Million |
|
Silver Touch Technologies Limited
NSE:SILVERTUC
|
$267.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forafric Global PLC Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,795,000 to -1,673,000, a change of -24,468,000 (-107.3%).
- Net loss of 24,325,000 reduced equity.
- Other comprehensive income decreased equity by 665,000.
- Other factors increased equity by 522,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-24.32 Million | -1453.97% |
| Other Comprehensive Income | $-665.00K | -39.75% |
| Other Changes | $522.00K | +31.2% |
| Total Change | $- | -107.34% |
Book Value vs Market Value Analysis
This analysis compares Forafric Global PLC Ordinary Shares's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-2.80 | $9.95 | x |
| 2020-12-31 | $3.45 | $9.95 | x |
| 2021-12-31 | $1.95 | $9.95 | x |
| 2022-12-31 | $1.43 | $9.95 | x |
| 2023-12-31 | $0.85 | $9.95 | x |
| 2024-12-31 | $-0.06 | $9.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forafric Global PLC Ordinary Shares utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.87%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-21.01%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -4.42% | 0.86x | 0.00x | $-690.70K |
| 2020 | -0.21% | -0.06% | 0.83x | 4.58x | $-5.30 Million |
| 2021 | -19.89% | -3.05% | 0.87x | 7.47x | $-12.00 Million |
| 2022 | -50.38% | -6.62% | 0.94x | 8.07x | $-22.98 Million |
| 2023 | -55.61% | -4.15% | 0.99x | 13.58x | $-14.96 Million |
| 2024 | 0.00% | -8.87% | 1.11x | 0.00x | $-24.16 Million |
Industry Comparison
This section compares Forafric Global PLC Ordinary Shares's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,026,370,266
- Average return on equity (ROE) among peers: -8.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forafric Global PLC Ordinary Shares (AFRI) | $5.32 Million | 0.00% | 45.29x | $267.67 Million |
| African Agriculture Holdings Inc. (AAGR) | $-13.80 Million | 0.00% | 0.00x | $4.57 |
| Archer-Daniels-Midland Company (ADM) | $19.28 Billion | 7.15% | 1.28x | $33.40 Billion |
| Adecoagro SA (AGRO) | $1.03 Billion | -0.08% | 1.45x | $1.32 Billion |
| Agroz Inc. Ordinary Shares (AGRZ) | $-576.94K | 0.00% | 0.00x | $7.33 Million |
| Alico Inc (ALCO) | $103.55 Million | 13.63% | 0.71x | $307.41 Million |
| AquaBounty Technologies Inc (AQB) | $3.96 Million | -134.30% | 1.11x | $4.99 Million |
| Bunge Limited (BG) | $6.08 Billion | 8.57% | 1.36x | $21.56 Billion |
| Cal-Maine Foods Inc (CALM) | $66.08 Million | 18.48% | 2.56x | $3.60 Billion |
| Dole PLC (DOLE) | $688.23 Million | 7.63% | 1.74x | $1.32 Billion |
About Forafric Global PLC Ordinary Shares
Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco, Burkina, Mali, and internationally. The company operates through Soft Wheat, Durum Wheat, and Couscous and Pasta segments. It provides wheat flours and semolina; and secondary processing products, such as pasta and couscous. The company operates unde… Read more