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The Very Good Food Company Inc.
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Let's analyse The Very Good Food Company Inc. together

PenkeI guess you are interested in The Very Good Food Company Inc.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of The Very Good Food Company Inc.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of The Very Good Food Company Inc. (30 sec.)










What can you expect buying and holding a share of The Very Good Food Company Inc.? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€0.30
Expected worth in 1 year
€0.68
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
€0.38
Return On Investment
611.2%

For what price can you sell your share?

Current Price per Share
€0.06
Expected price per share
€0.062 - €0.062
How sure are you?
50%

1. Valuation of The Very Good Food Company Inc. (5 min.)




Live pricePrice per Share (EOD)

€0.06

2. Growth of The Very Good Food Company Inc. (5 min.)




Is The Very Good Food Company Inc. growing?

Current yearPrevious yearGrowGrow %
How rich?$42.8m$29.4m$13.3m31.2%

How much money is The Very Good Food Company Inc. making?

Current yearPrevious yearGrowGrow %
Making money-$58.1m-$14.7m-$43.3m-74.6%
Net Profit Margin-445.1%-298.9%--

How much money comes from the company's main activities?

3. Financial Health of The Very Good Food Company Inc. (5 min.)




What can you expect buying and holding a share of The Very Good Food Company Inc.? (5 min.)

Welcome investor! The Very Good Food Company Inc.'s management wants to use your money to grow the business. In return you get a share of The Very Good Food Company Inc..

What can you expect buying and holding a share of The Very Good Food Company Inc.?

First you should know what it really means to hold a share of The Very Good Food Company Inc.. And how you can make/lose money.

Speculation

The Price per Share of The Very Good Food Company Inc. is €0.062. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of The Very Good Food Company Inc..
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in The Very Good Food Company Inc., you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €0.30. Based on the TTM, the Book Value Change Per Share is €0.09 per quarter. Based on the YOY, the Book Value Change Per Share is €0.21 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of The Very Good Food Company Inc..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.44-709.1%-0.44-709.1%-0.11-180.1%-0.19-306.5%-0.19-306.5%
Usd Book Value Change Per Share0.10162.9%0.10162.9%0.23363.7%0.11174.0%0.11174.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.10162.9%0.10162.9%0.23363.7%0.11174.0%0.11174.0%
Usd Price Per Share0.76-0.76-4.63-1.79-1.79-
Price to Earnings Ratio-1.72--1.72--41.43--14.39--14.39-
Price-to-Total Gains Ratio7.51-7.51-20.52-14.01-14.01-
Price to Book Ratio2.34-2.34-20.77-7.71-7.71-
Price-to-Total Gains Ratio7.51-7.51-20.52-14.01-14.01-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0660982
Number of shares15129
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.100.11
Usd Total Gains Per Share0.100.11
Gains per Quarter (15129 shares)1,527.901,632.51
Gains per Year (15129 shares)6,111.606,530.02
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1061126102065306520
20122231221401306013050
30183351832601959019580
40244462443802612026110
50305583055003265032640
60366703666203918039170
70427814277404571045700
80488934888605224052230
90550045499805877058760
100611166111006530065290

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.03.00.00.0%0.03.00.00.0%0.03.00.00.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.03.00.0%0.00.03.00.0%0.00.03.00.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%2.01.00.066.7%

Fundamentals of The Very Good Food Company Inc.

About The Very Good Food Company Inc.

The Very Good Food Company Inc., together with its subsidiaries, designs, develops, produces, distributes, and sells various plant-based cheese, meats, and other food alternatives in Canada and the United States. The company offers its products through its wholesale and e-commerce, as well as the Butcher shop, restaurant, and other under The Very Good Butchers brand. The company was formerly known as The Very Good Butchers Inc. and changed its name to The Very Good Food Company Inc. in October 2019. The Very Good Food Company Inc. was incorporated in 2016 and is headquartered in Vancouver, Canada.

Fundamental data was last updated by Penke on 2024-04-22 07:01:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of The Very Good Food Company Inc..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit The Very Good Food Company Inc. earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare The Very Good Food Company Inc. to the  industry mean.
  • A Net Profit Margin of -445.1% means that €-4.45 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of The Very Good Food Company Inc.:

  • The MRQ is -445.1%. The company is making a huge loss. -2
  • The TTM is -445.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-445.1%TTM-445.1%0.0%
TTM-445.1%YOY-298.9%-146.2%
TTM-445.1%5Y-326.1%-119.0%
5Y-326.1%10Y-326.1%0.0%
1.1.2. Return on Assets

Shows how efficient The Very Good Food Company Inc. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare The Very Good Food Company Inc. to the  industry mean.
  • -69.6% Return on Assets means that The Very Good Food Company Inc. generated €-0.70 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of The Very Good Food Company Inc.:

  • The MRQ is -69.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -69.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-69.6%TTM-69.6%0.0%
TTM-69.6%YOY-39.4%-30.3%
TTM-69.6%5Y-94.4%+24.8%
5Y-94.4%10Y-94.4%0.0%
1.1.3. Return on Equity

Shows how efficient The Very Good Food Company Inc. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare The Very Good Food Company Inc. to the  industry mean.
  • -135.8% Return on Equity means The Very Good Food Company Inc. generated €-1.36 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of The Very Good Food Company Inc.:

  • The MRQ is -135.8%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -135.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-135.8%TTM-135.8%0.0%
TTM-135.8%YOY-50.1%-85.7%
TTM-135.8%5Y-62.0%-73.8%
5Y-62.0%10Y-62.0%0.0%

1.2. Operating Efficiency of The Very Good Food Company Inc..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient The Very Good Food Company Inc. is operating .

  • Measures how much profit The Very Good Food Company Inc. makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare The Very Good Food Company Inc. to the  industry mean.
  • An Operating Margin of -452.4% means the company generated €-4.52  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of The Very Good Food Company Inc.:

  • The MRQ is -452.4%. The company is operating very inefficient. -2
  • The TTM is -452.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-452.4%TTM-452.4%0.0%
TTM-452.4%YOY-256.3%-196.1%
TTM-452.4%5Y-308.0%-144.4%
5Y-308.0%10Y-308.0%0.0%
1.2.2. Operating Ratio

Measures how efficient The Very Good Food Company Inc. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 6.25 means that the operating costs are €6.25 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of The Very Good Food Company Inc.:

  • The MRQ is 6.247. The company is inefficient in keeping operating costs low. -1
  • The TTM is 6.247. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ6.247TTM6.2470.000
TTM6.247YOY4.385+1.862
TTM6.2475Y4.985+1.262
5Y4.98510Y4.9850.000

1.3. Liquidity of The Very Good Food Company Inc..

1.3. Liquidity
1.3.1. Current Ratio

Measures if The Very Good Food Company Inc. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 2.61 means the company has €2.61 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of The Very Good Food Company Inc.:

  • The MRQ is 2.612. The company is able to pay all its short-term debts. +1
  • The TTM is 2.612. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.612TTM2.6120.000
TTM2.612YOY13.492-10.881
TTM2.6125Y5.659-3.047
5Y5.65910Y5.6590.000
1.3.2. Quick Ratio

Measures if The Very Good Food Company Inc. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare The Very Good Food Company Inc. to the  industry mean.
  • A Quick Ratio of 0.02 means the company can pay off €0.02 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of The Very Good Food Company Inc.:

  • The MRQ is 0.021. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.021. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.021TTM0.0210.000
TTM0.021YOY0.039-0.018
TTM0.0215Y0.053-0.032
5Y0.05310Y0.0530.000

1.4. Solvency of The Very Good Food Company Inc..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of The Very Good Food Company Inc. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare The Very Good Food Company Inc. to industry mean.
  • A Debt to Asset Ratio of 0.49 means that The Very Good Food Company Inc. assets are financed with 48.7% credit (debt) and the remaining percentage (100% - 48.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of The Very Good Food Company Inc.:

  • The MRQ is 0.487. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.487. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.487TTM0.4870.000
TTM0.487YOY0.214+0.273
TTM0.4875Y0.652-0.164
5Y0.65210Y0.6520.000
1.4.2. Debt to Equity Ratio

Measures if The Very Good Food Company Inc. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare The Very Good Food Company Inc. to the  industry mean.
  • A Debt to Equity ratio of 95.0% means that company has €0.95 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of The Very Good Food Company Inc.:

  • The MRQ is 0.950. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.950. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.950TTM0.9500.000
TTM0.950YOY0.273+0.677
TTM0.9505Y0.408+0.542
5Y0.40810Y0.4080.000

2. Market Valuation of The Very Good Food Company Inc.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings The Very Good Food Company Inc. generates.

  • Above 15 is considered overpriced but always compare The Very Good Food Company Inc. to the  industry mean.
  • A PE ratio of -1.72 means the investor is paying €-1.72 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of The Very Good Food Company Inc.:

  • The EOD is -0.150. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.724. Based on the earnings, the company is expensive. -2
  • The TTM is -1.724. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.150MRQ-1.724+1.574
MRQ-1.724TTM-1.7240.000
TTM-1.724YOY-41.435+39.711
TTM-1.7245Y-14.386+12.662
5Y-14.38610Y-14.3860.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of The Very Good Food Company Inc.:

  • The EOD is -0.144. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.655. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1.655. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.144MRQ-1.655+1.510
MRQ-1.655TTM-1.6550.000
TTM-1.655YOY-56.161+54.506
TTM-1.6555Y-19.272+17.617
5Y-19.27210Y-19.2720.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of The Very Good Food Company Inc. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 2.34 means the investor is paying €2.34 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of The Very Good Food Company Inc.:

  • The EOD is 0.204. Based on the equity, the company is cheap. +2
  • The MRQ is 2.342. Based on the equity, the company is underpriced. +1
  • The TTM is 2.342. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.204MRQ2.342-2.137
MRQ2.342TTM2.3420.000
TTM2.342YOY20.774-18.432
TTM2.3425Y7.705-5.364
5Y7.70510Y7.7050.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of The Very Good Food Company Inc. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0950.0950%0.211-55%0.101-6%0.101-6%
Book Value Per Share--0.3040.3040%0.209+45%0.170+79%0.170+79%
Current Ratio--2.6122.6120%13.492-81%5.659-54%5.659-54%
Debt To Asset Ratio--0.4870.4870%0.214+127%0.652-25%0.652-25%
Debt To Equity Ratio--0.9500.9500%0.273+248%0.408+133%0.408+133%
Dividend Per Share----0%-0%-0%-0%
Eps---0.412-0.4120%-0.105-75%-0.178-57%-0.178-57%
Free Cash Flow Per Share---0.430-0.4300%-0.077-82%-0.173-60%-0.173-60%
Free Cash Flow To Equity Per Share---0.010-0.0100%0.186-106%0.060-117%0.060-117%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap8203406.000-1047%94074543.00094074543.0000%574238420.000-84%222770987.667-58%222770987.667-58%
Net Profit Margin---4.451-4.4510%-2.989-33%-3.261-27%-3.261-27%
Operating Margin---4.524-4.5240%-2.563-43%-3.080-32%-3.080-32%
Operating Ratio--6.2476.2470%4.385+42%4.985+25%4.985+25%
Pb Ratio0.204-1047%2.3422.3420%20.774-89%7.705-70%7.705-70%
Pe Ratio-0.150+91%-1.724-1.7240%-41.435+2303%-14.386+734%-14.386+734%
Price Per Share0.062-1047%0.7110.7110%4.340-84%1.684-58%1.684-58%
Price To Free Cash Flow Ratio-0.144+91%-1.655-1.6550%-56.161+3294%-19.272+1065%-19.272+1065%
Price To Total Gains Ratio0.654-1047%7.5067.5060%20.521-63%14.013-46%14.013-46%
Quick Ratio--0.0210.0210%0.039-46%0.053-60%0.053-60%
Return On Assets---0.696-0.6960%-0.394-43%-0.944+36%-0.944+36%
Return On Equity---1.358-1.3580%-0.501-63%-0.620-54%-0.620-54%
Total Gains Per Share--0.0950.0950%0.211-55%0.101-6%0.101-6%
Usd Book Value--42831982.21542831982.2150%29469501.872+45%23979463.561+79%23979463.561+79%
Usd Book Value Change Per Share--0.1010.1010%0.225-55%0.108-6%0.108-6%
Usd Book Value Per Share--0.3240.3240%0.223+45%0.181+79%0.181+79%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.440-0.4400%-0.112-75%-0.190-57%-0.190-57%
Usd Free Cash Flow---60613219.978-60613219.9780%-10900785.080-82%-24447257.935-60%-24447257.935-60%
Usd Free Cash Flow Per Share---0.458-0.4580%-0.082-82%-0.185-60%-0.185-60%
Usd Free Cash Flow To Equity Per Share---0.011-0.0110%0.199-106%0.064-117%0.064-117%
Usd Market Cap8745651.137-1047%100292870.292100292870.2920%612195579.562-84%237496149.951-58%237496149.951-58%
Usd Price Per Share0.066-1047%0.7580.7580%4.627-84%1.795-58%1.795-58%
Usd Profit---58166333.910-58166333.9100%-14774866.680-75%-25145840.216-57%-25145840.216-57%
Usd Revenue--13069088.55613069088.5560%4943332.992+164%6359435.043+106%6359435.043+106%
Usd Total Gains Per Share--0.1010.1010%0.225-55%0.108-6%0.108-6%
 EOD+2 -6MRQTTM+0 -0YOY+6 -275Y+8 -2510Y+8 -25

3.2. Fundamental Score

Let's check the fundamental score of The Very Good Food Company Inc. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.150
Price to Book Ratio (EOD)Between0-10.204
Net Profit Margin (MRQ)Greater than0-4.451
Operating Margin (MRQ)Greater than0-4.524
Quick Ratio (MRQ)Greater than10.021
Current Ratio (MRQ)Greater than12.612
Debt to Asset Ratio (MRQ)Less than10.487
Debt to Equity Ratio (MRQ)Less than10.950
Return on Equity (MRQ)Greater than0.15-1.358
Return on Assets (MRQ)Greater than0.05-0.696
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of The Very Good Food Company Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than500.000
Ma 20Greater thanMa 500.062
Ma 50Greater thanMa 1000.062
Ma 100Greater thanMa 2000.062
OpenGreater thanClose0.062
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2021-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets78,344
Total Liabilities38,168
Total Stockholder Equity40,176
 As reported
Total Liabilities 38,168
Total Stockholder Equity+ 40,176
Total Assets = 78,344

Assets

Total Assets78,344
Total Current Assets41,602
Long-term Assets36,742
Total Current Assets
Cash And Cash Equivalents 21,976
Net Receivables 337
Inventory 8,474
Other Current Assets 3,406
Total Current Assets  (as reported)41,602
Total Current Assets  (calculated)34,193
+/- 7,409
Long-term Assets
Property Plant Equipment 32,110
Other Assets 4,632
Long-term Assets  (as reported)36,742
Long-term Assets  (calculated)36,742
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities15,929
Long-term Liabilities22,239
Total Stockholder Equity40,176
Total Current Liabilities
Short Long Term Debt 1,948
Accounts payable 5,078
Other Current Liabilities 5,022
Total Current Liabilities  (as reported)15,929
Total Current Liabilities  (calculated)12,047
+/- 3,881
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt17,614
Deferred Long Term Liability 3,925
Long-term Liabilities  (as reported)22,239
Long-term Liabilities  (calculated)21,539
+/- 700
Total Stockholder Equity
Common Stock84,751
Retained Earnings -71,278
Other Stockholders Equity 26,703
Total Stockholder Equity (as reported)40,176
Total Stockholder Equity (calculated)40,176
+/-0
Other
Capital Stock84,751
Common Stock Shares Outstanding 118,465
Net Invested Capital 47,599
Net Tangible Assets 40,176
Net Working Capital 25,673
Property Plant and Equipment Gross 35,078



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2021-12-312020-12-312019-12-312018-12-312017-12-31
> Total Assets 
0
0
1,344
35,183
78,344
78,34435,1831,34400
   > Total Current Assets 
31
46
641
28,616
41,602
41,60228,6166414631
       Cash And Cash Equivalents 
0
0
406
25,084
21,976
21,97625,08440600
       Net Receivables 
10
12
73
83
337
33783731210
       Inventory 
3
3
56
1,196
8,474
8,4741,1965633
   > Long-term Assets 
0
0
703
6,566
36,742
36,7426,56670300
       Property Plant Equipment 
52
79
703
5,787
32,110
32,1105,7877037952
       Other Assets 
0
0
0
779
4,632
4,632779000
> Total Liabilities 
0
0
1,685
7,540
38,168
38,1687,5401,68500
   > Total Current Liabilities 
202
304
735
2,121
15,929
15,9292,121735304202
       Short Long Term Debt 
0
0
360
0
1,948
1,948036000
       Accounts payable 
4
73
161
1,173
5,078
5,0781,173161734
       Other Current Liabilities 
24
15
8
102
5,022
5,02210281524
   > Long-term Liabilities 
0
0
949
5,419
22,239
22,2395,41994900
       Deferred Long Term Liability 
0
0
0
0
3,925
3,9250000
> Total Stockholder Equity
0
0
-341
27,642
40,176
40,17627,642-34100
   Common Stock
0
0
2,245
39,335
84,751
84,75139,3352,24500
   Retained Earnings Total Equity00000
   Accumulated Other Comprehensive Income 00000
   Capital Surplus 00000
   Treasury Stock00000
   Other Stockholders Equity 
0
0
273
5,025
26,703
26,7035,02527300



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in EUR. All numbers in thousands.


Latest Income Statement (annual, 2021-12-31)

Gross Profit (+$)
totalRevenue12,259
Cost of Revenue-8,860
Gross Profit3,3993,399
 
Operating Income (+$)
Gross Profit3,399
Operating Expense-67,723
Operating Income-55,464-64,324
 
Operating Expense (+$)
Research Development1,975
Selling General Administrative56,888
Selling And Marketing Expenses0
Operating Expense67,72358,863
 
Net Interest Income (+$)
Interest Income0
Interest Expense-3,024
Other Finance Cost-0
Net Interest Income-3,024
 
Pretax Income (+$)
Operating Income-55,464
Net Interest Income-3,024
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-54,560-59,392
EBIT - interestExpense = -58,488
-54,560
-51,535
Interest Expense3,024
Earnings Before Interest and Taxes (EBIT)-55,464-51,535
Earnings Before Interest and Taxes (EBITDA)-49,597
 
After tax Income (+$)
Income Before Tax-54,560
Tax Provision-0
Net Income From Continuing Ops-54,560-54,560
Net Income-54,560
Net Income Applicable To Common Shares-54,560
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net3,9283,024
 

Technical Analysis of The Very Good Food Company Inc.
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of The Very Good Food Company Inc.. The general trend of The Very Good Food Company Inc. is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine The Very Good Food Company Inc.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of The Very Good Food Company Inc..

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 0.062 < 0.062 < 0.062.

The bearish price targets are: 0.062 > 0.062 > 0.062.

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The Very Good Food Company Inc. Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of The Very Good Food Company Inc.. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

The Very Good Food Company Inc. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of The Very Good Food Company Inc.. The current macd is 0.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the The Very Good Food Company Inc. price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for The Very Good Food Company Inc.. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the The Very Good Food Company Inc. price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
The Very Good Food Company Inc. Daily Moving Average Convergence/Divergence (MACD) ChartThe Very Good Food Company Inc. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of The Very Good Food Company Inc.. The current adx is 9.76735158.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is 0/(-7 +7).

  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
The Very Good Food Company Inc. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of The Very Good Food Company Inc.. The current sar is 0.06203352.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
The Very Good Food Company Inc. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of The Very Good Food Company Inc.. The current rsi is 0. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 1/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
The Very Good Food Company Inc. Daily Relative Strength Index (RSI) ChartThe Very Good Food Company Inc. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of The Very Good Food Company Inc.. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the The Very Good Food Company Inc. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
The Very Good Food Company Inc. Daily Stochastic Oscillator ChartThe Very Good Food Company Inc. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of The Very Good Food Company Inc.. The current cci is -66.66666667.

The Very Good Food Company Inc. Daily Commodity Channel Index (CCI) ChartThe Very Good Food Company Inc. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of The Very Good Food Company Inc.. The current cmo is 0.

The Very Good Food Company Inc. Daily Chande Momentum Oscillator (CMO) ChartThe Very Good Food Company Inc. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of The Very Good Food Company Inc.. The current willr is 0.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
The Very Good Food Company Inc. Daily Williams %R ChartThe Very Good Food Company Inc. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of The Very Good Food Company Inc..

The Very Good Food Company Inc. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of The Very Good Food Company Inc.. The current atr is 0.

The Very Good Food Company Inc. Daily Average True Range (ATR) ChartThe Very Good Food Company Inc. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of The Very Good Food Company Inc.. The current obv is 82,028.

The Very Good Food Company Inc. Daily On-Balance Volume (OBV) ChartThe Very Good Food Company Inc. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of The Very Good Food Company Inc.. The current mfi is 0.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
The Very Good Food Company Inc. Daily Money Flow Index (MFI) ChartThe Very Good Food Company Inc. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for The Very Good Food Company Inc..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

The Very Good Food Company Inc. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of The Very Good Food Company Inc. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than500.000
Ma 20Greater thanMa 500.062
Ma 50Greater thanMa 1000.062
Ma 100Greater thanMa 2000.062
OpenGreater thanClose0.062
Total0/5 (0.0%)
Penke

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