Mama'S Creations, Inc. (MAMA) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
Forensic Analysis · Consumer Staples / Food & Beverage · as of Sep 24, 2026
Mama'S Creations, Inc. (MAMA)
A forensic read on Mama'S Creations, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
C · Mixed — selective
Forensic grade
Safe
Financial health
15.2
Distress distance
Clean
Earnings quality
5
Forensic signals
84.2
P / E (ttm)
10.0%
ROE
$627M
Market cap
0.00%
Dividend yield
39.2%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Mama'S Creations, Inc. earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 15.2, placing it in the Safe zone. 5 forensic signals were flagged in its latest SEC filings, led by accruals ratio (% of noa).
What the filings flag
+73.2%
FY2025→FY2026
Accruals ratio (% of NOA).Net operating assets grew +73.2% relative to their own average in FY2026 — scaled by NOA itself, not by total assets, which is what the Forensic Screens card's own accrual row divides by. Accruals are building sharply — a large slice of profit sits in operating assets, not cash. An accrual is a claim that still has to be collected or written down, so the gap resolves in a later period whichever way it goes. The build is led by inventory up +100% against +39% in cost of sales and receivables up +61% against revenue +39%. A cash-flow measure on the same base disagrees: reported earnings ran behind operating cash by 22% of net operating assets, against an accruals ratio of 73.2%. The two are computed differently: the accruals ratio is the change in net operating assets over average net operating assets, while the cash-flow figure is net income less operating cash flow over that same average. Read them as two results, not one.
27d
FY2025→FY2026
Inventory days.Days inventory outstanding moved from 19 to 27 FY2025→FY2026 (against cost of goods sold; inventory +100% vs +39% in cost of sales). Inventory is outrunning what's being sold — a flag for softening demand or obsolescence risk ahead. There's no FY2024 figure on file for inventory, so FY2025 has no opening balance to average against — both figures are measured on period-end balances rather than the beginning-plus-ending average, since averaging only the current year would make the move track balance-sheet growth rather than the business.
+5.0%/yr
FY2025–FY2026
Share-count dilution.Diluted share count changed +5% over the last 1 year to FY2026 (+5.0%/yr). The count is growing: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~5.0% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2025 has been diluted ~5%.
Key fundamentals
Latest Revenue$171.7M
Revenue Growth YoY+39.2%
Net Margin3.1%
Free Cash Flow$9.8M
Return on Equity10.0%
Debt / Equity0.11x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Mama'S Creations, Inc.'s actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Sep 24, 2026. Forensic signals flag probability, not certainty.
12.2%
FY2026
Return on invested capital.Return on invested capital is 12.2% in the latest fiscal year, against 17% in FY2025. The capital base behind it cannot be compared across FY2025–FY2026: long-term debt is tagged in one of those two fiscal years and not the other, and an untagged line enters this calculation as zero, so any change in the base would be a change in what the filer tagged.
1.1% of rev
FY2026
Stock-based comp load.Stock-based compensation ran 1.1% of revenue and 20% of free cash flow in FY2026 — about $0.05 per diluted share. No cash left the business to pay it, which is why operating cash flow adds it back. Net of repurchases the diluted count still rose about 5.0% a year, above the level at which the count is a material claim on a stake, and only one year's change is on file — enough to state what a holder gave up, not enough to say whether the rate is climbing or coming down. Stock compensation is one source of that issuance; acquisition consideration, equity raises, convertibles and other employee plans also net into the count, and these figures do not separate them.