WFCF (Where Food Comes From) ROA %: 2.82% (As of Mar. 2026) — 70% Below Median


WFCF Where Food Comes From Inc WFCF
79 GF Score
Price $12.05
GF Value $12.41
Valuation Fairly Valued
! 3 Warning Signs
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What is Where Food Comes From ROA %?

Where Food Comes From WFCF -0.99% 79 ROA % is 2.82% as of Mar. 2026, which is 70% below its 10-year median of 9.35. GuruFocus rates WFCF with a GF Score™ of 79/100 and a GF Value™ of $12.41 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,096 Business Services companies, Where Food Comes From ranks better than 82.94% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Where Food Comes From's annualized Net Income for the quarter that ended in Mar. 2026 was $0.37 Mil. Where Food Comes From's average Total Assets over the quarter that ended in Mar. 2026 was $13.06 Mil. Therefore, Where Food Comes From's annualized ROA % for the quarter that ended in Mar. 2026 was 2.82%.

The historical rank and industry rank for Where Food Comes From's ROA % or its related term are showing as below:

WFCF' s ROA % Range Over the Past 10 Years
Min: 1.08   Med: 9.35   Max: 15.09
Current: 10.67

During the past 13 years, Where Food Comes From's highest ROA % was 15.09%. The lowest was 1.08%. And the median was 9.35%.

WFCF's ROA % is ranked better than
82.94% of 1096 companies
in the Business Services industry
Industry Median: 3.455 vs WFCF: 10.67

Where Food Comes From  (NAS:WFCF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0.368/13.0625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.368 / 21.46)*(21.46 / 13.0625)
=Net Margin %*Asset Turnover
=1.71 %*1.6429
=2.82 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Where Food Comes From ROA % Related Terms


Where Food Comes From ROA % Historical Data

* Premium members only.

The historical data trend for Where Food Comes From's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Where Food Comes From ROA % Chart

Where Food Comes From Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.09 10.47 12.45 13.42 10.89

Where Food Comes From Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 14.12 27.39 -5.46 2.82

WFCF vs ANPA, DLHC, TISI: ROA % Comparison

For the Specialty Business Services subindustry, Where Food Comes From's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Where Food Comes From ROA % vs Business Services Industry

For the Business Services industry and Industrials sector, Where Food Comes From's ROA % distribution charts can be found below:

* The bar in red indicates where Where Food Comes From's ROA % falls into.


WFCF
79GF Score
Where Food Comes From Inc WFCF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Where Food Comes From ROA % Calculation

Where Food Comes From's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1.536/( (15.306+12.899)/ 2 )
=1.536/14.1025
=10.89 %

Where Food Comes From's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0.368/( (12.899+13.226)/ 2 )
=0.368/13.0625
=2.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 2.82% mean?
Where Food Comes From (WFCF) has a ROA % of 2.82% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Where Food Comes From and its competitors. This is 70% below median its historical median of 9.35. Over the past decade, Where Food Comes From's ROA % has ranged from 1.08 to 15.09. According to the industry distribution chart, Where Food Comes From ranks #187 out of 1096 companies in the Business Services industry, placing it in the top 17.1%.
Is Where Food Comes From's ROA % too high?
Where Food Comes From's current ROA % of 2.82% is 70% below median its 10-year median of 9.35. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 15.09. The Business Services industry median ROA % is 3.46. Where Food Comes From's value of 2.82% is 18.4% below this industry median. Based on the distribution chart, Where Food Comes From ranks #187 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Where Food Comes From has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Where Food Comes From's ROA % compare to ANPA and DLHC?
According to the Business Services industry distribution chart, Where Food Comes From ranks #187 out of 1096 companies for ROA %. This places Where Food Comes From in the top 17% of its industry — outperforming the majority of peers. The industry median ROA % is 3.46. Where Food Comes From's value of 2.82% is 18.4% below this benchmark. Historically, Where Food Comes From's own ROA % has ranged from 1.08 to 15.09 over the past decade. While the company's 10-year median is 9.35 vs. the industry median of 3.46, Where Food Comes From has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Business Services company?
The median ROA % among Business Services companies is 3.46, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Where Food Comes From's current ROA % of 2.82% is 18.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Where Food Comes From and its competitors. For the Business Services industry, the median ROA % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Where Food Comes From's current ROA % is 2.82%, which is 70% below median its own 10-year median of 9.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Where Food Comes From stock overvalued right now?
Based on GuruFocus' analysis, Where Food Comes From (WFCF) is currently considered Fairly Valued. The stock's GF Value™ is $12.41, compared to a current price of $12.05 — trading 2.9% below its estimated fair value. The current ROA % is 2.82%, which is 70% below median its 10-year median of 9.35 and 18.4% below the Business Services industry median of 3.46. Where Food Comes From's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Where Food Comes From (WFCF), the current ROA % is 2.82% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Where Food Comes From (WFCF) Overvalued in 2026?

Based on GuruFocus' analysis, Where Food Comes From stock appears to be undervalued. The current stock price of $12.05 is trading 2.9% below its estimated GF Value™ of $12.41. GuruFocus considers Where Food Comes From to be Fairly Valued.

Key valuation signals for WFCF:

  • ROA %: 2.82% (70% below median its 10-year median of 9.35)
  • GF Value™: $12.41 vs. price of $12.05 (2.9% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 18.4% below the Business Services median (#187 of 1096)

No single metric tells the full story. See the WFCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Where Food Comes From Business Description

Address 202 6th Street, Suite 400, Castle Rock, CO, USA, 80104
Where Food Comes From Inc is a third-party food verification company conducting both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural and aquaculture products are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, and restaurants with a wide variety of value-added services provided through its family of verifiers, including International Certification Services, Validus Verification Services, and others. It also provides a wide range of professional consulting services. It generates the majority of its revenue from Verification and certification services.
79GF Score

Get the complete analysis for WFCF

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.05
Price
$12.41
GF Value