Tearsheet

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0  Weak multi-year price returns
2Y Excs Rtn is -154%, 3Y Excs Rtn is -174%
 
0 Weak multi-year price returns
2Y Excs Rtn is -154%, 3Y Excs Rtn is -174%

Market Valuation & Key Metrics

FAMI Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
FAMI Return60%-81%-93%-61%-76%-53%-100%
Peers Return15%-6%-8%-27%-13%-28%-55%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
FAMI Win Rate50%42%17%42%33%44% 
Peers Win Rate42%43%52%38%52%40% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
FAMI Max Drawdown-42%-83%-93%-66%-84%-58% 
Peers Max Drawdown-19%-20%-23%-38%-29%-30% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: K, GIS, FLO, WEST, FAMI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

Unique KeyEventFAMIS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-99.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven40825.9%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-53.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven115.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven147 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-92.6%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven1242.7%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days

Compare to K, GIS, FLO, WEST, FAMI


In The Past

Farmmi's stock fell -99.8% during the 2022 Inflation Shock from a high on 2/17/2021. A -99.8% loss requires a 40825.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Farmmi (FAMI)

Trade Ideas

Select past ideas related to FAMI. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IPAR_9302025_Dip_Buyer_FCFYield09302025IPARInterparfumsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-6.8%-6.8%-6.8%
TAP_9302025_Dip_Buyer_FCFYield09302025TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-3.8%-3.8%-3.8%
STZ_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025STZConstellation BrandsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-22.2%-22.2%-22.2%
SJM_6302025_Dip_Buyer_FCFYield06302025SJMJM SmuckerDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
4.1%4.1%0.0%
BF-B_5312025_Dip_Buyer_ValueBuy05312025BF-BBrown-FormanDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-18.4%-18.4%-22.4%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
IPAR_9302025_Dip_Buyer_FCFYield09302025IPARInterparfumsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-6.8%-6.8%-6.8%
TAP_9302025_Dip_Buyer_FCFYield09302025TAPMolson Coors BeverageDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-3.8%-3.8%-3.8%
STZ_7312025_Monopoly_xInd_xCD_Getting_Cheaper07312025STZConstellation BrandsMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-22.2%-22.2%-22.2%
SJM_6302025_Dip_Buyer_FCFYield06302025SJMJM SmuckerDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
4.1%4.1%0.0%
BF-B_5312025_Dip_Buyer_ValueBuy05312025BF-BBrown-FormanDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-18.4%-18.4%-22.4%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Farmmi

Financials

FAMIKGISFLOWESTMedian
NameFarmmi KellanovaGeneral .Flowers .Westrock. 
Mkt Price1.6883.1347.0512.084.4012.08
Mkt Cap-28.825.52.60.414.0
Rev LTM-12,63219,1565,0999448,865
Op Inc LTM-1,9103,141343-381,127
FCF LTM-8632,096384-143623
FCF 3Y Avg-1,0052,300272-184638
CFO LTM-1,5122,691511-271,011
CFO 3Y Avg-1,6153,003402-391,008

Growth & Margins

FAMIKGISFLOWESTMedian
NameFarmmi KellanovaGeneral .Flowers .Westrock. 
Rev Chg LTM--2.7%-3.3%-0.6%13.0%-1.6%
Rev Chg 3Y Avg-2.3%0.1%3.8%6.9%3.0%
Rev Chg Q--3.7%-6.8%1.5%34.8%-1.1%
QoQ Delta Rev Chg LTM--0.9%-1.7%0.4%8.3%-0.3%
Op Mgn LTM-15.1%16.4%6.7%-4.0%10.9%
Op Mgn 3Y Avg-11.8%16.9%5.7%-1.6%8.8%
QoQ Delta Op Mgn LTM-0.4%-0.5%-0.2%0.1%-0.1%
CFO/Rev LTM-12.0%14.0%10.0%-2.8%11.0%
CFO/Rev 3Y Avg-12.8%15.2%7.9%-4.4%10.3%
FCF/Rev LTM-6.8%10.9%7.5%-15.1%7.2%
FCF/Rev 3Y Avg-7.9%11.7%5.3%-21.0%6.6%

Valuation

FAMIKGISFLOWESTMedian
NameFarmmi KellanovaGeneral .Flowers .Westrock. 
Mkt Cap-28.825.52.60.414.0
P/S-2.31.30.50.40.9
P/EBIT-14.67.97.3-9.67.6
P/E-20.88.711.6-4.810.2
P/CFO-19.09.55.0-15.67.2
Total Yield-7.5%16.7%16.7%-21.0%12.1%
Dividend Yield-2.7%5.2%8.1%0.0%4.0%
FCF Yield 3Y Avg-4.4%6.6%6.7%-24.4%5.5%
D/E-0.20.60.81.40.7
Net D/E-0.20.50.81.30.7

Returns

FAMIKGISFLOWESTMedian
NameFarmmi KellanovaGeneral .Flowers .Westrock. 
1M Rtn-13.4%1.4%-5.5%-7.4%-9.5%-7.4%
3M Rtn-2.3%4.9%-2.7%-22.5%-33.8%-2.7%
6M Rtn-1.2%1.8%-13.3%-27.7%-25.7%-13.3%
12M Rtn-56.6%5.8%-27.9%-42.2%-33.5%-33.5%
3Y Rtn-97.0%27.1%-35.6%-52.0%-59.8%-52.0%
1M Excs Rtn-14.2%-0.8%-7.7%-9.4%-9.2%-9.2%
3M Excs Rtn-10.6%-4.6%-12.0%-31.8%-42.1%-12.0%
6M Excs Rtn-22.9%-19.9%-35.0%-49.4%-47.4%-35.0%
12M Excs Rtn-80.8%-11.1%-45.1%-59.9%-54.1%-54.1%
3Y Excs Rtn-173.8%-45.0%-109.7%-126.5%-135.5%-126.5%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Tapioca4000  
Corn27112  
Shiitake2020201518
Mu Er1619171212
Cotton6480  
Corn starch100  
Other products020  
Logistic services00   
Red dates00   
Other edible fungi and other agricultural products   11
Total11099392831


Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity7,888
Short Interest: % Change Since 9302025-51.3%
Average Daily Volume73,811
Days-to-Cover Short Interest1

SEC Filings

Expand for More

Report DateFiling DateFiling
331202580120256-K 3/31/2025
9302024124202520-F 9/30/2024
331202480920246-K 3/31/2024
9302023129202420-F 9/30/2023
331202383120236-K 3/31/2023
9302022213202320-F 9/30/2022
331202282220226-K 3/31/2022
9302021126202220-F 9/30/2021
331202180220216-K 3/31/2021
9302020129202120-F 9/30/2020
331202092820206-K 3/31/2020
93020191231201920-F 9/30/2019
331201992420196-K 3/31/2019
9302018125201920-F 9/30/2018
331201891220186-K 3/31/2018
93020172202018424B4 9/30/2017

Insider Activity

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Industry Resources

Packaged Foods & Meats Resources
USDA Data