Want to see FAMI full AI Analyst Report?
Top Page
Farmmi
(NASDAQ:FAMI)
Select Model
Select Model
Rating:45Neutral
Price Target:
$0.14
▲(15.83% Upside)
Action:Reiterated
Date:09/23/26
The score is driven primarily by severely weakened financial performance (sharp revenue decline and large 2025 net loss), with only partial offsets from low leverage and a one-year cash-flow rebound. Technicals remain weak on a longer-term basis (price far below 100/200-day averages and negative MACD), and valuation signals are not helpful due to a negative P/E and no dividend yield data.
Positive Factors
Low financial leverage
Modest debt relative to equity limits borrowing-related balance-sheet strain and preserves some financial flexibility. This is a durable support compared with highly leveraged peers, although the declining equity base means the cushion could weaken if operating losses continue.
Negative Factors
Severe revenue contraction
The sustained multi-year revenue decline indicates a major weakening in sales scale rather than a single quarterly fluctuation. Lower volume or market reach can reduce operating leverage, constrain reinvestment, and make recovery in profitability more difficult over the coming periods.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
Modest debt relative to equity limits borrowing-related balance-sheet strain and preserves some financial flexibility. This is a durable support compared with highly leveraged peers, although the declining equity base means the cushion could weaken if operating losses continue.
Read all positive factors
Farmmi (FAMI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.20M
Dividend YieldN/A
Average Volume (3M)49.40M
Price to Earnings (P/E)―
Beta (1Y)0.50
Revenue Growth-58.43%
EPS Growth-252.50%
CountryUS
Employees15
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)N/A
Shares Outstanding37,434,080
10 Day Avg. Volume26,259,825
30 Day Avg. Volume49,401,137
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.03
Price to Sales (P/S)0.13
P/FCF Ratio0.07
Enterprise Value/Market Cap4.16
Enterprise Value/Revenue1.19
Enterprise Value/Gross Profit-19.64
Enterprise Value/Ebitda-0.29
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Farmmi Business Overview & Revenue Model
Company Description
Farmmi, Inc., alongside its subsidiaries, specializes in the processing and global distribution of agricultural products, reaching markets including China, the United States, Japan, Canada, various European nations, Korea, and the Middle East. The...
How the Company Makes Money
Farmmi primarily makes money by selling edible fungi and related agricultural products to customers through wholesale and, where applicable, retail/distribution channels. Its revenue model is product-sales driven: (1) sales of fresh mushrooms (e.g...
Farmmi Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
54
Neutral
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 18.22M | 27.97M | 64.13M | 110.36M | 99.21M | 39.29M |
| Gross Profit | -1.10M | 801.52K | 3.87M | 4.29M | 5.44M | 5.11M |
| EBITDA | -74.36M | -43.96M | -2.35M | 3.80M | 2.66M | 2.58M |
| Net Income | -90.16M | -53.10M | -4.65M | 2.54M | 2.22M | 2.36M |
Balance Sheet | ||||||
| Total Assets | 132.89M | 147.03M | 186.73M | 174.80M | 163.78M | 165.69M |
| Cash, Cash Equivalents and Short-Term Investments | 249.25K | 804.10K | 486.52K | 12.79M | 76.32M | 62.05M |
| Total Debt | 16.69M | 20.77M | 15.05M | 11.06M | 4.55M | 3.08M |
| Total Liabilities | 24.14M | 23.18M | 16.72M | 12.82M | 9.10M | 4.89M |
| Stockholders Equity | 109.48M | 124.12M | 169.99M | 161.98M | 154.68M | 159.88M |
Cash Flow | ||||||
| Free Cash Flow | 36.19M | 52.45M | -16.80M | -75.75M | 20.63M | -946.27K |
| Operating Cash Flow | 36.61M | 52.46M | -16.78M | -75.75M | 20.64M | -941.59K |
| Investing Cash Flow | -47.68M | -59.70M | 2.07M | 35.90M | -41.99M | -12.26M |
| Financing Cash Flow | 10.43M | 7.56M | 1.83M | 11.02M | 11.63M | 122.41M |
Farmmi Technical Analysis
Negative
0.12
Price Trends
0.13
Negative
0.52
Negative
0.91
Negative
Market Momentum
>-0.01
Negative
46.02
Neutral
13.55
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FAMI, the sentiment is Negative. The current price of 0.12 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.13, and below the 200-day MA of 0.91, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.02 is Neutral, neither overbought nor oversold. The STOCH value of 13.55 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FAMI.
Farmmi Risk Analysis
Farmmi disclosed 70 risk factors in its most recent earnings report. Farmmi reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Farmmi Peers Comparison
UnderperformOutperform
Sector (62)
FAMI
Farmmi
0.13
-1.84
-93.35%
PLAG
Planet Green Holdings
0.68
-1.08
-61.31%
SOWG
Sow Good
2.27
-9.21
-80.26%
STKH
Steakholder Foods
0.77
-12.28
-94.12%
Farmmi Corporate Events
Farmmi Files First-Half 2026 Results, Highlighting Liquidity Strain
Aug 27, 2026
On August 27, 2026, Farmmi reported unaudited financial results for the six months ended March 31, 2026, filing a Form 6-K that incorporates its latest statements into existing U.S. shelf and employee stock plan registrations. The filing details a...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.