WFCF (Where Food Comes From) Scaled Net Operating Assets: 0.52 (As of Mar. 2026)


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 Scaled Net Operating Assets?

Where Food Comes From WFCF -0.99% 79 Scaled Net Operating Assets is 0.52 as of Mar. 2026. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Where Food Comes From's operating assets for the quarter that ended in Mar. 2026 was $9.95 Mil. Where Food Comes From's operating liabilities for the quarter that ended in Mar. 2026 was $3.19 Mil. Where Food Comes From's Total Assets for the quarter that ended in Dec. 2025 was $12.90 Mil. Therefore, Where Food Comes From's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.52.


Where Food Comes From Scaled Net Operating Assets Historical Data

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The historical data trend for Where Food Comes From's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Where Food Comes From Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.57 0.60 0.64 0.46

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
Scaled Net Operating Assets 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 0.64 0.61 0.48 0.42 0.52

WFCF vs ANPA, DLHC, TISI: Scaled Net Operating Assets Comparison

For the Specialty Business Services subindustry, Where Food Comes From's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Business Services Industry

For the Business Services industry and Industrials sector, Where Food Comes From's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Where Food Comes From's Scaled Net Operating Assets falls into.


WFCF
79GF Score
Where Food Comes From Inc WFCF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Where Food Comes From Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Where Food Comes From's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(9.699-2.651)/15.306
=0.46

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=12.899 - 3.2
=9.699

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3.594 - 0.509 - 0.434
=2.651

Where Food Comes From's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(9.945-3.189)/12.899
=0.52

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=13.226 - 3.281
=9.945

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4.026 - 0.403 - 0.434
=3.189

* 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.

What does a Scaled Net Operating Assets of 0.52 mean?
Where Food Comes From (WFCF) has a Scaled Net Operating Assets of 0.52 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Where Food Comes From and its competitors.
Is Where Food Comes From's Scaled Net Operating Assets too high?
Where Food Comes From's current Scaled Net Operating Assets is 0.52. 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 Scaled Net Operating Assets compare to ANPA and DLHC?
Where Food Comes From's Scaled Net Operating Assets of 0.52 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Business Services company?
A good Scaled Net Operating Assets depends on the Business Services industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Where Food Comes From and its competitors. Where Food Comes From's current Scaled Net Operating Assets is 0.52. 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 Scaled Net Operating Assets is 0.52. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Where Food Comes From (WFCF), the current Scaled Net Operating Assets is 0.52 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:

  • Scaled Net Operating Assets: 0.52
  • GF Value™: $12.41 vs. price of $12.05 (2.9% below fair value)
  • GF Score™: 79/100 with 3 warning signs

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

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.05
Price
$12.41
GF Value