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1. Company Snapshot

1.a. Company Description

Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa.The company offers flour and semolina; and secondary processing products, such as pasta and couscous under the Tria and MayMouna brands.It serves wholesale foods manufacturers and distributors The company also exports its products to approximately 45 countries.


Forafric Global PLC is headquartered in Gibraltar.

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1.b. Last Insights on AFRI

Forafric Global PLC's recent performance was positively driven by strategic business developments. Despite a 100% surge in short interest, indicating growing market scrutiny, the company continues to focus on growth initiatives. As of the latest available data, there are no recent earnings releases or announcements of new product launches, acquisitions, or share buybacks. However, according to a recent filing, the company's average daily trading volume remains steady at 6,500 shares. Analysts at [insert source] have [insert rating, if any].

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Forafric Global PLC (NASDAQ:AFRIW) Short Interest Up 100.0% in October

Oct -31

Source: defenseworld.net

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FORAFRIC GLOBAL Announces Leadership Transition: New Chairman of the Board Appointed

Apr -04

Source: globenewswire.com

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Forafric Adopts New Balance Sheet Strengthening Strategy

Feb -11

Source: globenewswire.com

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Forafric Announces Nasdaq Compliance Status

Jan -21

Source: globenewswire.com

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Forafric Announces Plan to Expand with Lease of New Operating Facility; Expects to Increase Crushing Capacity by 600 Tons per Day

May -06

Source: businesswire.com

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Forafric Provides Business Update

Dec -13

Source: businesswire.com

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3 SPACs From 2022 That Are Actually Really Good Buys Now

Oct -15

Source: InvestorPlace

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Forafric Acquires SIMS mill in Marrakesh Increasing Crushing Capacity to More Than 300 Tons per Day

Jul -31

Source: businesswire.com

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.50%)

6. Segments

Soft Wheat

Expected Growth: 4.5%

Increasing demand for high-quality wheat in the baking industry, driven by consumer preference for artisanal bread and growing health awareness, is expected to drive the growth of the soft wheat market.

Durum Wheat

Expected Growth: 4.5%

Growing demand for high-protein wheat varieties, increasing adoption in bread, pasta, and couscous production, and expanding global food industry drive the growth of Durum Wheat market.

Couscous & Pasta

Expected Growth: 4.5%

Growing demand for traditional North African cuisine, increasing health consciousness, and rising popularity of plant-based diets drive the growth of the Couscous & Pasta market.

All Other

Expected Growth: 4.5%

The 'All Other' segment of Forafric Global PLC is expected to grow steadily, driven by increasing demand for textiles and fibers in the African market, as well as the company's diversification into miscellaneous products, leading to a forecast CAGR of 4.5%.

7. Detailed Products

Agricultural Inputs

Forafric Global PLC provides a range of agricultural inputs such as seeds, fertilizers, and pesticides to farmers, enabling them to improve crop yields and increase productivity.

Livestock Feed

The company offers high-quality livestock feed to farmers, helping them to improve the health and productivity of their animals.

Veterinary Services

Forafric Global PLC provides veterinary services, including vaccinations, disease diagnosis, and treatment, to farmers, helping them to protect their animals from diseases.

Farm Mechanization

The company offers farm mechanization services, including tractor hiring, ploughing, and harvesting, to farmers, helping them to increase efficiency and productivity.

Agricultural Training

Forafric Global PLC provides agricultural training and capacity-building programs to farmers, helping them to improve their farming skills and knowledge.

Market Access

The company provides market access to farmers, helping them to connect with buyers, negotiate better prices, and increase their income.

8. Forafric Global PLC's Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Forafric Global PLC is medium due to the availability of alternative products in the market.

Bargaining Power Of Customers

The bargaining power of customers for Forafric Global PLC is high due to the presence of large and established customers who can negotiate prices and terms.

Bargaining Power Of Suppliers

The bargaining power of suppliers for Forafric Global PLC is low due to the presence of multiple suppliers and the company's ability to negotiate prices.

Threat Of New Entrants

The threat of new entrants for Forafric Global PLC is medium due to the presence of barriers to entry and the company's established market position.

Intensity Of Rivalry

The intensity of rivalry for Forafric Global PLC is high due to the presence of several established competitors in the market.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 89.71%
Debt Cost 5.84%
Equity Weight 10.29%
Equity Cost 5.84%
WACC 5.84%
Leverage 871.98%

11. Quality Control: Forafric Global PLC passed 3 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

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Salmon Evolution

A-Score: 4.5/10

Value: 7.6

Growth: 7.1

Quality: 4.5

Yield: 0.0

Momentum: 0.5

Volatility: 7.3

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Grieg Seafood

A-Score: 4.4/10

Value: 8.4

Growth: 3.0

Quality: 3.2

Yield: 2.5

Momentum: 6.5

Volatility: 2.7

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Forafric Global

A-Score: 4.1/10

Value: 8.7

Growth: 4.6

Quality: 3.6

Yield: 0.0

Momentum: 1.0

Volatility: 7.0

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Gobarto

A-Score: 3.8/10

Value: 6.8

Growth: 7.3

Quality: 1.8

Yield: 0.0

Momentum: 5.0

Volatility: 1.7

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Måsøval

A-Score: 3.7/10

Value: 6.2

Growth: 4.6

Quality: 1.2

Yield: 6.2

Momentum: 1.5

Volatility: 2.3

1-Year Total Return ->

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Ice Fish Farm

A-Score: 2.8/10

Value: 8.0

Growth: 1.1

Quality: 3.2

Yield: 0.0

Momentum: 4.0

Volatility: 0.3

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

10.41$

Current Price

10.41$

Potential

-0.00%

Expected Cash-Flows