FREE - Whole Earth Brands, Inc. Stock Price, Fair Value and News

4.82USD0.00 (0.00%)Market Closed

Market Summary

USD4.820.00

Market Closed

0.00%

FREE Stock Price

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FREE RSI Chart

FREE Valuation

Market Cap

206.6M

Price/Earnings (Trailing)

-5.42

Price/Sales (Trailing)

0.37

EV/EBITDA

-8.6

Price/Free Cashflow

8.16

FREE Price/Sales (Trailing)

FREE Profitability

EBT Margin

-5.76%

Return on Equity

-15.14%

Return on Assets

-4.61%

Free Cashflow Yield

12.26%

FREE Fundamentals

FREE Revenue

Revenue (TTM)

550.9M

Rev. Growth (Yr)

8.83%

Rev. Growth (Qtr)

12.45%

FREE Earnings

Earnings (TTM)

-38.1M

Earnings Growth (Yr)

87.8%

Earnings Growth (Qtr)

-35.4%

Breaking Down FREE Revenue

Last 90 days

23.0%

Trailing 12 Months

118.1%

How does FREE drawdown profile look like?

FREE Financial Health

Current Ratio

3.24

Debt/Equity

1.66

Debt/Cashflow

0.06

FREE Investor Care

Shares Dilution (1Y)

1.82%

Diluted EPS (TTM)

-0.9

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	540.1M	539.5M	538.6M	550.9M
2022	518.7M	525.8M	532.1M	538.3M
2021	315.3M	379.5M	441.4M	494.0M
2020	267.8M	261.2M	264.1M	275.5M
2019	0	284.7M	278.4M	272.1M
2018	0	0	0	291.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Whole Earth Brands, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 24, 2024	robinson jeffrey s.	sold (taxes)	-14,821	4.82	-3,075	co-ceo
Mar 24, 2024	litman brian	sold (taxes)	-11,119	4.82	-2,307	chief accounting officer
Mar 24, 2024	litman brian	acquired	-	-	5,870	chief accounting officer
Mar 24, 2024	ohri rajnish	acquired	-	-	7,127	co-ceo
Mar 24, 2024	robinson jeffrey s.	acquired	-	-	8,977	co-ceo
Mar 18, 2024	robinson jeffrey s.	sold (taxes)	-38,865	4.8	-8,097	co-ceo
Mar 18, 2024	robinson jeffrey s.	acquired	-	-	23,639	co-ceo
Mar 18, 2024	litman brian	sold (taxes)	-15,715	4.8	-3,274	chief accounting officer
Mar 18, 2024	litman brian	acquired	-	-	10,455	chief accounting officer
Mar 18, 2024	ohri rajnish	acquired	-	-	18,012	co-ceo

Which funds bought or sold FREE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	sold off	-100	-67,753	-	-%
Apr 19, 2024	Cutler Group LLC / CA	new	-	-	-	-%
Apr 11, 2024	Radnor Capital Management, LLC	added	9.87	163,000	457,000	0.08%
Mar 27, 2024	NOMURA HOLDINGS INC	sold off	-100	-706,432	-	-%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-369,428	6,630,270	-%
Mar 08, 2024	TRUST CO OF VERMONT	reduced	-78.25	-3,653	948	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	95.94	268,567	582,332	-%
Feb 26, 2024	Virtu Financial LLC	reduced	-38.81	-3,000	2,000	-%
Feb 20, 2024	Cable Car Capital LLC	new	-	42,988	42,988	0.04%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	sold off	-100	-306,000	-	-%

Are Funds Buying or Selling FREE?

Are funds buying FREE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FREE

No. of Funds

Unveiling Whole Earth Brands, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 28, 2024	beryl capital management llc	7.3%	3,118,138	SC 13G
Feb 20, 2024	hilary l shane revocable trust	7.54%	3,242,353	SC 13G
Feb 14, 2024	notch view capital management, llc	0%	0	SC 13D/A
Feb 14, 2024	armistice capital, llc	5.02%	2,150,000	SC 13G/A
Feb 13, 2024	franklin martin e	20.7%	8,905,223	SC 13D/A
Feb 13, 2024	vanguard group inc	4.54%	1,944,360	SC 13G/A
Feb 09, 2024	goldman sachs group inc	0.4%	182,463	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 03, 2024	notch view capital management, llc	5.9%	2,510,898	SC 13D/A
Dec 29, 2023	notch view capital management, llc	5.%	2,510,898	SC 13D

Recent SEC filings of Whole Earth Brands, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 08, 2024	PRER14A	PRER14A
Apr 08, 2024	SC 13E3/A	SC 13E3/A
Mar 28, 2024	SC 13G	Major Ownership Report
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading
Mar 15, 2024	PREM14A	PREM14A

Peers (Alternatives to Whole Earth Brands, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADM	31.5B	93.9B	-0.32%	-23.51%	9.05	0.34	-7.50%	-19.75%
BG	15.9B	61.3B	10.48%	15.10%	7.7	0.25	-8.91%	30.43%
CAG	14.9B	12.1B	7.86%	-17.10%	15.7	1.23	-0.78%	18.26%
CPB	13.4B	9.3B	3.26%	-15.93%	17.5	1.45	1.02%	-5.78%
ACI	11.7B	79.2B	-2.73%	-1.74%	9.04	0.15	2.05%	-14.37%
MID-CAP
BRBR	7.4B	1.7B	-7.89%	57.39%	44.53	4.24	21.49%	39.64%
FLO	5.2B	5.1B	7.07%	-8.76%	42.12	1.02	5.93%	-45.96%
FRPT	5.1B	766.9M	-8.53%	61.44%	-151.2	6.63	28.82%	43.50%
CALM	2.9B	2.4B	-2.42%	14.48%	10.54	1.22	-22.17%	-63.60%
CENT	2.8B	3.3B	-1.82%	42.74%	20.91	0.85	0.37%	-0.15%
SMALL-CAP
ANDE	2.0B	14.8B	7.84%	37.11%	20.2	0.14	-14.86%	-22.80%
BGS	870.4M	2.1B	-0.36%	-25.34%	-13.15	0.42	-4.65%	-482.22%
BYND	392.6M	343.4M	-23.16%	-56.61%	-1.16	1.14	-18.04%	7.65%
ALCO	215.5M	106.3M	-1.29%	17.59%	4.5	2.03	34.67%	5930.90%
AQB	7.1M	2.5M	-15.71%	210.53%	-0.26	2.85	-21.18%	-24.37%

Whole Earth Brands, Inc. News

Latest updates

Whole Earth Brands, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2018Q4
Revenue	12.4%	151,164,000	134,430,000	132,902,000	132,417,000	138,897,000	135,280,000	133,503,000	130,592,000	132,714,000	128,941,000	126,493,000	105,825,000	80,166,000	67,002,000	62,356,000	65,972,000	68,769,000	64,060,000	68,993,000	-
Gross Profit	7.7%	40,428,000	37,528,000	33,380,000	32,341,000	28,323,000	35,017,000	37,314,000	39,558,000	38,720,000	43,029,000	41,355,000	35,651,000	25,168,000	20,415,000	24,841,000	25,860,000	25,552,500	25,887,000	27,669,000	-
S&GA Expenses	-1.6%	25,805,000	26,226,000	25,634,000	24,689,000	23,421,000	23,566,000	24,960,000	27,788,000	27,568,000	24,838,000	27,828,000	32,907,000	29,735,000	14,881,000	27,307,000	16,048,000	16,814,000	14,770,000	18,674,000	-
EBITDA Margin	41.5%	-0.13	-0.21	-0.20	-0.17	-0.14	-0.03	-0.01	-0.02	-0.05	-0.08	-0.10	-0.12	-	-	-	-	-	-	-	-
Interest Expenses	0.2%	-11,090,000	-11,117,000	-11,063,000	-10,704,000	-9,926,000	-8,214,000	-6,428,000	-6,032,000	-6,562,000	-6,553,000	-6,396,000	-5,078,000	-2,210,000	-2,161,000	-66,000	-172,000	-158,000	-237,000	-53,000	-
Income Taxes	-653.0%	-2,909,000	526,000	-2,753,000	11,465,000	2,414,000	1,400,000	826,000	1,124,000	1,153,000	-400,000	-4,200,000	-3,700,000	-4,302,000	1,684,000	-400,000	-3,118,000	-7,666,000	1,600,000	1,000,000	-
Earnings Before Taxes	-109.8%	-10,282,000	-4,900,000	-8,270,000	-8,300,000	-57,882,000	-1,114,000	2,152,000	3,900,000	771,000	8,361,000	-500,000	-15,707,000	-9,904,000	-1,151,000	-5,845,000	-31,800,000	5,155,000	6,900,000	4,482,000	-
EBT Margin	60.9%	-0.06	-0.15	-0.14	-0.12	-0.10	0.01	0.03	0.02	-0.01	-0.04	-0.07	-0.10	-	-	-	-	-	-	-	-
Net Income	-35.4%	-7,352,000	-5,430,000	-5,517,000	-19,797,000	-60,283,000	-2,521,000	1,326,000	2,726,000	-393,000	8,806,000	3,695,000	-12,025,000	-5,602,000	-2,835,000	-5,481,000	-28,655,000	12,869,000	5,273,000	3,506,000	-
Net Income Margin	59.1%	-0.07	-0.17	-0.16	-0.15	-0.11	0.00	0.02	0.03	0.00	-0.01	-0.04	-0.08	-	-	-	-	-	-	-	-
Free Cashflow	159.1%	14,703,000	5,675,000	873,000	4,067,000	11,454,000	-5,241,000	-16,469,000	4,446,000	2,927,000	16,009,000	-3,857,000	-5,597,000	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.0%	826	825	840	840	849	900	921	924	923	919	914	902	597	540	552	306	600	304	303	455	608
Current Assets	1.7%	320	315	319	320	325	331	338	326	318	320	313	304	190	212	223	1.00	194	1.00	1.00	-	191
Cash Equivalents	25.8%	31.00	24.00	24.00	27.00	29.00	21.00	28.00	29.00	28.00	34.00	24.00	28.00	17.00	49.00	56.00	10.00	10.00	8.00	6.00	0.00	7.00
Inventory	-3.5%	209	217	217	218	219	229	228	215	213	194	196	192	112	104	109	116	121	-	-	-	124
Net PPE	0.6%	55.00	55.00	55.00	57.00	58.00	56.00	57.00	59.00	59.00	54.00	53.00	50.00	47.00	41.00	22.00	20.00	20.00	-	-	-	20.00
Goodwill	0.6%	194	193	195	195	193	234	237	242	243	241	242	237	154	125	113	113	131	-	-	-	131
Liabilities	-0.6%	574	578	584	580	574	585	591	584	609	605	612	612	288	233	244	178	112	11.00	11.00	-	-
Current Liabilities	5.6%	99.00	94.00	96.00	99.00	87.00	90.00	94.00	102	152	132	134	133	65.00	62.00	64.00	0.00	54.00	0.00	0.00	0.00	56.00
Long Term Debt	-1.5%	418	424	427	428	432	436	432	413	383	384	385	385	173	126	128	-	-	-	-	-	-
LT Debt, Current	0%	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	7.00	7.00	7.00	-	-	-	-	-	-
LT Debt, Non Current	-1.5%	418	424	427	428	432	436	432	413	383	384	385	385	173	126	128	-	-	-	-	-	-
Shareholder's Equity	1.6%	252	248	256	261	275	315	329	340	314	314	302	291	309	307	234	445	488	474	481	479	484
Retained Earnings	-6.3%	-123	-115	-110	-104	-85.19	-24.90	-22.38	-23.71	-26.44	-26.04	-34.85	-38.54	-25.44	-20.34	-17.21	4.00	-	3.00	1.00	-0.02	-
Additional Paid-In Capital	-0.2%	366	366	365	362	361	361	359	356	331	331	325	323	326	324	325	1.00	-	2.00	4.00	0.00	-
Shares Outstanding	0.1%	43.00	43.00	42.00	42.00	42.00	42.00	42.00	42.00	39.00	38.00	38.00	38.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	129	-	-	-	214	-	-	-	538	-	-	-	274	-	-	-	293	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	159.1%	14,703	5,675	873	4,067	11,454	-5,241	-16,469	4,446	2,927	16,009	-3,857	-5,597	3,270	-12,715	5,298	14,610	5,096	11,550	15,035	-15.52	-
Share Based Compensation	-112.6%	-311	2,463	3,085	1,792	-24.00	1,743	1,564	1,650	1,524	2,727	2,825	1,639	1,262	-	-	-	-	-	-	-	-
Cashflow From Investing	-13.4%	-1,549	-1,366	-1,172	-1,556	-1,522	-2,507	-1,164	-3,226	-4,863	-6,082	1,177	-188,145	-82,184	-199,938	-2,638	-894	-1,761	-982	-894	-400	-
Cashflow From Financing	-91.9%	-6,975	-3,635	-1,726	-5,343	-3,999	3,041	17,820	-337	-2,736	-1,052	-938	204,056	46,105	206,111	-2,994	-13,930	-2.00	-8,586	-15,402	49.00	-

FREE Income Statement

2023-12-31

Consolidated and Combined Statements of Operations - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Product revenues, net			$ 550,913	$ 538,272	$ 493,973
Cost of goods sold			407,236	398,060	335,218
Gross profit			143,677	140,212	158,755
Selling, general and administrative expenses			102,354	99,735	113,141
Amortization of intangible assets			18,698	18,623	18,295
Goodwill impairment charges			7,230	46,500	0
Restructuring and other expenses			0	0	4,503
Operating income (loss)			15,395	(24,646)	22,816
Interest expense, net			(43,974)	(30,600)	(24,589)
Loss on extinguishment and debt transaction costs			0	0	(5,513)
Other (expense) income, net			(3,188)	2,283	225
Loss before income taxes			(31,767)	(52,963)	(7,061)
Provision (benefit) for income taxes			6,329	5,789	(7,144)
Net (loss) income			$ (38,096)	$ (58,752)	$ 83
Net (loss) earnings per share:
Basic (in dollars per share)			$ (0.90)	$ (1.42)	$ 0.00
Diluted (in dollars per share)			$ (0.90)	$ (1.42)	$ 0.00
Revenue from Contract with Customer, Product and Service [Extensible List]	Product [Member]	Product [Member]	Product [Member]	Product [Member]

FREE Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 30,513	$ 28,676
Accounts receivable (net of allowances of $1,460 and $1,614, respectively)	74,012	66,653
Inventories	209,271	218,975
Prepaid expenses and other current assets	6,429	10,530
Total current assets	320,225	324,834
Property, Plant and Equipment, net	54,937	58,092
Other Assets
Operating lease right-of-use assets	19,223	18,238
Goodwill	193,610	193,139
Other intangible assets, net	229,936	245,376
Deferred tax assets, net	500	539
Other assets	7,266	8,785
Total Assets	825,697	849,003
Current Liabilities
Accounts payable	55,662	47,002
Accrued expenses and other current liabilities	32,173	27,488
Current portion of operating lease liabilities	7,370	8,804
Current portion of long-term debt	3,750	3,750
Total current liabilities	98,955	87,044
Non-Current Liabilities
Long-term debt	417,929	432,172
Deferred tax liabilities, net	31,579	32,585
Operating lease liabilities, less current portion	14,336	12,664
Other liabilities	11,208	9,987
Total Liabilities	574,007	574,452
Commitments and Contingencies (Note 10)	0	0
Stockholders’ Equity
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.0001 par value; 220,000,000 shares authorized; 42,853,468 and 41,994,355 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	4	4
Additional paid-in capital	365,721	360,777
Accumulated deficit	(123,284)	(85,188)
Accumulated other comprehensive income (loss)	9,249	(1,042)
Total stockholders’ equity	251,690	274,551
Total Liabilities and Stockholders’ Equity	$ 825,697	$ 849,003

About Whole Earth Brands, Inc.

Whole Earth Brands, Inc. operates as a food company worldwide. It operates through two segments, Branded CPG and Flavors & Ingredients. The Branded CPG segment focuses on building a branded portfolio serving consumers seeking zero-calorie, low-calorie, organic, non-GMO, no-sugar added, and plant-based, and Fair Trade spaces in zero/low calorie sweeteners, honey, agave, baking mix, and baking chocolate products. It sells products under the Whole Earth, Pure Via, Wholesome, Swerve, Canderel, and Equal brands. This segment offers various sweetener formulations under each brand to address local consumer preferences and price points. The Flavors & Ingredients segment provides functional ingredients with flavoring enhancement, flavor/aftertaste masking, moisturizing, product mouth feel modification, and skin soothing characteristics. This segment also offers licorice-derived products for use in confectionary, food, beverage, cosmetic, pharmaceutical, personal care, and tobacco products applications. The company was incorporated in 2020 and is based in Chicago, Illinois.

CEO	Mr. Jeffrey S. Robinson
WEBSITE	wholeearthbrands.com
INDUSTRY	Packaged Foods
EMPLOYEES	760

Whole Earth Brands, Inc. Frequently Asked Questions

What is the ticker symbol for Whole Earth Brands, Inc.? What does FREE stand for in stocks?

FREE is the stock ticker symbol of Whole Earth Brands, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Whole Earth Brands, Inc. (FREE)?

As of Tue Apr 23 2024, market cap of Whole Earth Brands, Inc. is 206.58 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FREE stock?

You can check FREE's fair value in chart for subscribers.

What is the fair value of FREE stock?

You can check FREE's fair value in chart for subscribers. The fair value of Whole Earth Brands, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Whole Earth Brands, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FREE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Whole Earth Brands, Inc. a good stock to buy?

The fair value guage provides a quick view whether FREE is over valued or under valued. Whether Whole Earth Brands, Inc. is cheap or expensive depends on the assumptions which impact Whole Earth Brands, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FREE.

What is Whole Earth Brands, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, FREE's PE ratio (Price to Earnings) is -5.42 and Price to Sales (PS) ratio is 0.37. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FREE PE ratio will change depending on the future growth rate expectations of investors.