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Where Food Comes FromWFCF +3.22%78 ROE % is 18.33% as of Jun. 2026, which is 35% above its 10-year median of 13.53. GuruFocus rates WFCF with a GF Score™ of 78/100 and a GF Value™ of $12.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,057 Business Services companies, Where Food Comes From ranks better than 71.71% on this metric.
Where Food Comes From (NAS:WFCF) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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.
For the Specialty Business Services subindustry, Where Food Comes From's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Business Services Industry
For the Business Services industry and Industrials sector, Where Food Comes From's ROE % distribution charts can be found below:
* The bar in red indicates where Where Food Comes From's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Where Food Comes From (WFCF) has a ROE % of 18.33% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Where Food Comes From and its competitors. This is 35% above median its historical median of 13.53. Over the past decade, Where Food Comes From's ROE % has ranged from 1.49 to 22.59. According to the industry distribution chart, Where Food Comes From ranks #299 out of 1057 companies in the Business Services industry, placing it in the top 28.3%.
Is Where Food Comes From's ROE % too high?
Where Food Comes From's current ROE % of 18.33% is 35% above median its 10-year median of 13.53. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 22.59. The Business Services industry median ROE % is 8.34. Where Food Comes From's value of 18.33% is 119.8% above this industry median. Based on the distribution chart, Where Food Comes From ranks #299 out of 1057 companies in the Business Services industry, which is above the industry midpoint. Overall, Where Food Comes From has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Where Food Comes From's ROE % compare to ANPA and DLHC?
According to the Business Services industry distribution chart, Where Food Comes From ranks #299 out of 1057 companies for ROE %. This puts Where Food Comes From in the upper half of its industry. The industry median ROE % is 8.34. Where Food Comes From's value of 18.33% is 119.8% above this benchmark. Historically, Where Food Comes From's own ROE % has ranged from 1.49 to 22.59 over the past decade. While the company's 10-year median is 13.53 vs. the industry median of 8.34, Where Food Comes From has consistently been above 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 ROE % for a Business Services company?
The median ROE % among Business Services companies is 8.34, based on 1,057 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Where Food Comes From's current ROE % of 18.33% is 119.8% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Where Food Comes From and its competitors. For the Business Services industry, the median ROE % is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Where Food Comes From's current ROE % is 18.33%, which is 35% above median its own 10-year median of 13.53. 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 $12.38, compared to a current price of $12.50 — trading 1% above its estimated fair value. The current ROE % is 18.33%, which is 35% above median its 10-year median of 13.53 and 119.8% above the Business Services industry median of 8.34. Where Food Comes From's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Where Food Comes From (WFCF), the current ROE % is 18.33% as of Jun. 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 overvalued.
The current stock price of $12.50 is trading 1% above its estimated GF Value™ of $12.38.
GuruFocus considers Where Food Comes From to be Fairly Valued.
Key valuation signals for WFCF:
ROE %: 18.33% (35% above median its 10-year median of 13.53)
GF Value™: $12.38 vs. price of $12.50 (1% above fair value)
Industry Position: 119.8% above the Business Services median (#299 of 1057)
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 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.
78GF Score
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