Forafric Global PLC (AFRI) Stock
Forafric Global PLC, with its headquarters in Gibraltar, operates as a significant enterprise within the agricultural sector, focusing its activities across Morocco and Sub-Saharan Africa. The company's operations encompass the entire supply chain for agricultural commodities and their derivatives, including sourcing, warehousing, logistics, transformation, and distribution.
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About Forafric Global PLC
Forafric Global PLC, with its headquarters in Gibraltar, operates as a significant enterprise within the agricultural sector, focusing its activities across Morocco and Sub-Saharan Africa. The company's operations encompass the entire supply chain for agricultural commodities and their derivatives, including sourcing, warehousing, logistics, transformation, and distribution. Its product portfolio features essential items like flour and semolina, alongside manufactured goods such as pasta and couscous, marketed under its recognized Tria and MayMouna labels. Forafric primarily caters to wholesale food producers and distributors, also extending its market reach through exports to approximately 45 nations worldwide.
Forafric Global PLC is led by CEO Khalid Assari, employs 600 people, headquartered in GI, publicly traded since 2021.
Forafric Global PLC (AFRI) stock trades at $10.99 with a market capitalization of $296.33M. The stock is valued at a price-to-earnings (P/E) ratio of -89.68, price-to-book of -41.38, price-to-sales of 3.18. Over the past 52 weeks the stock has ranged between $7.47 and $11.42, and currently trades 3.8% below its 52-week high.
On profitability, Forafric Global PLC generates a return on equity (ROE) of 46.12% — well above the market average, a sign of a high-quality business, return on capital employed of -1.35%, an operating margin of -1.70%, a net profit margin of -4.50%.
Official website: forafric.com