Where Food Comes From, Inc. (WFCF) is a Technology stock trading at $13.21 (as of 2026-08-20), with a market capitalization of $66.54M and a trailing P/E of 36.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Where Food Comes From, Inc. provides verification and certification services and related software for the U.S. agriculture, livestock, and food sectors. It performs audits and operates its Source Verified labeling information program, offers sustainability and compliance services, and sells software, support/consulting, hosting, and some hardware to producers and processors including beef and pork packers, organic producers, and specialty retail chains.
Where Food Comes From provides verification and certification for agriculture, livestock, and food claims (using on-site and desk audits), and it monetizes those certifications through its Verification and Certification segment and its Source Verified labeling program, along with software and related consulting.
The companys profit engine is scaling demand for verified food supply chain claims (reflected in certification volume, such as standards and certified products), sold via audit-based verification and certification and supported by its labeling and software or consulting offerings.
| Verif+Cert | $0.0B |
| Software+Consulting | $0.0B |
Business quality (Weak): Segment structure is clear (Verification and Certification, and Software Sales and Related Consulting), and the operational KPI set directly reflects certification activity. However, the provided quarter shows near-zero reported revenue, which makes it harder to connect operating activity to financial performance with high confidence.
Valuation: Trades at 38× trailing earnings · $0B market cap.
| Price | $13.21 |
| Market Cap | $66.54M |
| P/E Ratio | 36.3 |
| EV / EBITDA | 28.8 |
| Price / Book | 7.23 |
| Price / Sales | 2.75 |
| FCF Yield | 7.4% |
| DCF Value (model) | $3.07 |
| DCF Upside vs Price | -76.8% |
| Revenue (TTM) | $24.89M |
| Net Margin | 6.2% |
| Revenue Growth (YoY) | -3.3% |
| EPS Growth (YoY) | -25.0% |
| FCF Growth (YoY) | -43.5% |
| Altman Z-Score | 14.86 (safe) |
| Stock P/E | 36.3 |
| Sector P/E (Technology) | 33.9 |
| Industry P/E (Business Services) | 30.0 |
| vs Sector | 7.1% |
| vs Industry | 21.3% |
| Top Institutional Holder | Sanctuary Advisors, LLC ($2.58M) |
| Institutional Holders Tracked | 10 |
| Sector | Technology |
| Industry | Business Services |
| CEO | John K. Saunders |
| Employees | 93 |
| Country | US |
| IPO Date | 2006-11-15 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.