Overall Score

Revenue Model

The company appears to monetize a straightforward consumer food distribution model with revenue per share of 48.12 and price-to-sales of 0.51, indicating a low-multiple, commodity-like business.

Gross margin remains modest at 16.96%, consistent with a low-margin distribution/food business.

Profitability

TTM margins are negative across EBIT (-10.34%), operating (-9.56%), pretax (-13.03%), and net income (-12.36%), showing the business is currently unprofitable.

Returns are also negative, with ROA at -7.96%, ROE at -20.93%, and ROIC at -7.23%, indicating weak capital efficiency.

Balance Sheet

Liquidity is only adequate, with a current ratio of 1.29 and quick ratio of 0.40, leaving limited cushion.

Leverage is elevated, with debt-to-equity at 1.30 and net debt to EBITDA at -12.84, while cash per share is only 0.42.

Cash Flow

Cash generation is weak, with operating cash flow margin at -2.57% and free cash flow margin at -12.36%.

Free cash flow and operating cash flow are both negative on a TTM basis, and capex exceeds operating cash flow, pressuring self-funding capacity.

Competitive Position

The business has some scale and working-capital efficiency, with inventory turnover at 3.02 and a cash conversion cycle of 55.28 days.

However, the company lacks clear profitability or return advantages, which limits evidence of durable competitive moat characteristics.