Veritas Farms, Inc. Logo

Veritas Farms, Inc.

VFRM

(1.8)
Stock Price

0,00 USD

-44.71% ROA

440.91% ROE

-0.07x PER

Market Cap.

327.760,00 USD

1899.8% DER

0% Yield

-629.7% NPM

Veritas Farms, Inc. Stock Analysis

Veritas Farms, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Veritas Farms, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (1452.86%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 PBV

With a remarkably low PBV ratio (-1.1x), the stock offers substantial upside potential at a bargain price.

3 DER

The stock has a minimal amount of debt (-247%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

5 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

6 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

7 Buffet Intrinsic Value

The company's stock appears overvalued (0) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

8 ROA

The stock's ROA (-123.1%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

9 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

11 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

Veritas Farms, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Veritas Farms, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Veritas Farms, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Veritas Farms, Inc. Revenue
Year Revenue Growth
2014 0
2015 0 0%
2016 76.232 100%
2017 1.114.674 93.16%
2018 2.079.981 46.41%
2019 7.291.908 71.48%
2020 6.225.848 -17.12%
2021 3.081.792 -102.02%
2022 1.063.105 -189.89%
2023 943.764 -12.65%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Veritas Farms, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2014 0
2015 3.051 100%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Veritas Farms, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2014 0
2015 3.413 100%
2016 43.714 92.19%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Veritas Farms, Inc. EBITDA
Year EBITDA Growth
2014 0
2015 -6.464 100%
2016 -43.714 85.21%
2017 -1.100.174 96.03%
2018 -4.132.236 73.38%
2019 -10.644.212 61.18%
2020 -6.702.653 -58.81%
2021 -6.828.074 1.84%
2022 -5.005.415 -36.41%
2023 -3.166.692 -58.06%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Veritas Farms, Inc. Gross Profit
Year Gross Profit Growth
2014 0
2015 -32.555 100%
2016 -445.267 92.69%
2017 191.414 332.62%
2018 876.314 78.16%
2019 3.460.714 74.68%
2020 2.957.599 -17.01%
2021 -1.026.341 388.17%
2022 -1.383.166 25.8%
2023 210.884 755.89%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Veritas Farms, Inc. Net Profit
Year Net Profit Growth
2014 0
2015 -6.464 100%
2016 -43.714 85.21%
2017 -2.454.008 98.22%
2018 -3.835.983 36.03%
2019 -11.165.775 65.65%
2020 -7.722.108 -44.59%
2021 -7.220.032 -6.95%
2022 -4.337.597 -66.45%
2023 -4.539.284 4.44%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Veritas Farms, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2014 0
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Veritas Farms, Inc. Free Cashflow
Year Free Cashflow Growth
2014 -60.000
2015 -1.197.447 94.99%
2016 -2.383.247 49.76%
2017 -2.319.889 -2.73%
2018 -4.763.203 51.3%
2019 -13.710.592 65.26%
2020 -3.057.114 -348.48%
2021 -4.836.081 36.79%
2022 -3.902.290 -23.93%
2023 -598.999 -551.47%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Veritas Farms, Inc. Operating Cashflow
Year Operating Cashflow Growth
2014 -60.000
2015 -94 -63729.79%
2016 -41.381 99.77%
2017 -1.872.823 97.79%
2018 -4.165.734 55.04%
2019 -12.267.159 66.04%
2020 -2.969.076 -313.16%
2021 -4.755.792 37.57%
2022 -3.891.956 -22.2%
2023 -598.999 -549.74%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Veritas Farms, Inc. Capital Expenditure
Year Capital Expenditure Growth
2014 0
2015 1.197.353 100%
2016 2.341.866 48.87%
2017 447.066 -423.83%
2018 597.469 25.17%
2019 1.443.433 58.61%
2020 88.038 -1539.56%
2021 80.289 -9.65%
2022 10.334 -676.94%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Veritas Farms, Inc. Equity
Year Equity Growth
2014 -60.000
2015 -62.681 4.28%
2016 -52.395 -19.63%
2017 3.108.287 101.69%
2018 6.079.349 48.87%
2019 12.195.211 50.15%
2020 7.647.367 -59.47%
2021 4.825.285 -58.49%
2022 -606.277 895.89%
2023 207.462 392.24%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Veritas Farms, Inc. Assets
Year Assets Growth
2014 0
2015 15 100%
2016 12.634 99.88%
2017 5.210.740 99.76%
2018 7.014.086 25.71%
2019 14.218.557 50.67%
2020 12.408.021 -14.59%
2021 8.597.840 -44.32%
2022 6.794.471 -26.54%
2023 8.319.163 18.33%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Veritas Farms, Inc. Liabilities
Year Liabilities Growth
2014 60.000
2015 62.696 4.3%
2016 65.029 3.59%
2017 2.102.453 96.91%
2018 934.737 -124.92%
2019 2.023.346 53.8%
2020 4.760.654 57.5%
2021 3.772.555 -26.19%
2022 7.400.748 49.02%
2023 8.111.701 8.76%

Veritas Farms, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.03
Price to Earning Ratio
-0.07x
Price To Sales Ratio
0.81x
POCF Ratio
-0.16
PFCF Ratio
-0.3
Price to Book Ratio
0.86
EV to Sales
10.38
EV Over EBITDA
-2.19
EV to Operating CashFlow
-3.81
EV to FreeCashFlow
-3.81
Earnings Yield
-14.28
FreeCashFlow Yield
-3.37
Market Cap
0,00 Bil.
Enterprise Value
0,00 Bil.
Graham Number
0.04
Graham NetNet
-0.08

Income Statement Metrics

Net Income per Share
-0.03
Income Quality
0.43
ROE
4.41
Return On Assets
-0.31
Return On Capital Employed
-0.53
Net Income per EBT
1
EBT Per Ebit
1.26
Ebit per Revenue
-5
Effective Tax Rate
-0.12

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.15
Gross Profit Margin
-0.82
Operating Profit Margin
-5
Pretax Profit Margin
-6.3
Net Profit Margin
-6.3

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.01
Free CashFlow per Share
-0.01
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.55
Return on Tangible Assets
-0.45
Days Sales Outstanding
57.88
Days Payables Outstanding
815.02
Days of Inventory on Hand
1130.45
Receivables Turnover
6.31
Payables Turnover
0.45
Inventory Turnover
0.32
Capex per Share
0

Balance Sheet

Cash per Share
0,00
Book Value per Share
0,00
Tangible Book Value per Share
-0.03
Shareholders Equity per Share
0
Interest Debt per Share
0.05
Debt to Equity
19
Debt to Assets
0.47
Net Debt to EBITDA
-2.02
Current Ratio
0.65
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
-0,01 Bil.
Invested Capital
3750836
Working Capital
0,00 Bil.
Intangibles to Total Assets
0.31
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
1987281.5
Debt to Market Cap
12.03

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Veritas Farms, Inc. Dividends
Year Dividends Growth

Veritas Farms, Inc. Profile

About Veritas Farms, Inc.

Veritas Farms, Inc. focuses on producing, marketing, and distributing hemp oils and extracts containing phytocannabinoids. The company's products include capsules, gummies, tinctures, lotions, salves, vape oils, cream, balm sticks, lip balms, and pet chews. It markets and sells its products under the Veritas Farms brand name, as well as through white label and private label custom formulations for distributors and retailers. The company was formerly known as SanSal Wellness Holdings, Inc. and changed its name to Veritas Farms, Inc. in February 2019. Veritas Farms, Inc. is based in Dania Beach, Florida.

CEO
Mr. Thomas E. Vickers
Employee
17
Address
1815 Griffin Road
Dania Beach, 33004

Veritas Farms, Inc. Executives & BODs

Veritas Farms, Inc. Executives & BODs
# Name Age
1 Mr. Thomas E. Vickers
Interim Chief Executive Officer, Interim President, Interim Chief Financial Officer, Principal Accounting Officer & Chairperson
70
2 Marisa Cifre
Marketing Manager
70

Veritas Farms, Inc. Competitors