Farmmi Inc. Class A Ordinary Shares (FAMI)

FairStock Score: 49/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the 2026-10-16 close of $0.11, Farmmi has a $16.7 million market value and a FairStock price-to-book of 0.02. That looks Graham-cheap on paper, but cheapness without earning power is not a margin of safety; it is often a warning. The company processes and trades mushrooms and other agricultural products across China and export markets, yet it reports only 15 employees and no durable evidence of pricing power. In commodity-like food trading, scale, brands, or low-cost advantage matter, and the provided figures show none clearly. Financial health is the central problem: FairStock calculates ROE at -70.61%, ROCE at -28.26%, a Piotroski F-Score of 0/9, and an Altman Z-Score of 0.14. The low debt-to-equity of 0.18 is a genuine positive, but it does not offset negative returns and a balance sheet that the Altman score flags as distressed. The P/E of 0.00 is not a bargain signal; it reflects no meaningful positive earnings in the calculation. Growth cannot be assessed because revenue growth and profit growth are N/A, and the Lynch category is none because there are only 0 years of filed results versus the three needed. A beta of 1.92 and a 52-week range of $0.09 to $1.94 describe a highly volatile microcap. My conclusion: the asset discount is intriguing, but the business quality, earnings record, and financial strength are too uncertain to call this a sound value opportunity on the data given.

In plain English: Farmmi sells dried mushrooms and other farm products, mainly through operations in China and several export markets, with only 15 employees. The business looks weak: it is losing money and its financial-health scores are poor, and the data provide no usable growth history. At $0.11, the shares look very cheap compared with the value of the company's assets on paper, but that may reflect serious trouble rather than a bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-16 close · note generated 2026-10-20 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer