Mama's Creations Inc.
🔔 Watch stock
Assessment
Our Rating
A journalistic assessment by our editorial team at the time of the deep dive — it rates the company, not the entry point. Not investment advice and not a solicitation to buy or sell.
The business works in principle, but one material question is open. As long as it stays open, our findings do not carry a quality verdict.
Why this colour
Buying here means paying roughly 135 times the earnings of the last four quarters for a business whose operating income has shrunk since fiscal 2024 — and doing so immediately after the company itself sold shares at $18.00 against $1.06 of tangible book value per share. The decisive question is not whether the next estimate gets beaten again, but whether gross margin and operating income finally follow revenue. The next quarterly report (10-Q) shows both. The decision is yours.
What the thesis turns on
Assessment: Opportunities & Risks
Mama's Creations is a solid, growing and profitable deli-foods business carrying little debt — and at the same time a stock priced for expectations the income statement has not yet delivered: operating income sits below its fiscal 2024 level despite two thirds more revenue, gross margin has fallen from 29.4 percent to 23.6 percent, one customer accounts for 39 percent of gross revenue, and the share count is up 23.7 percent since January 2025. The streak of five earnings surprises measures the distance to the analyst estimate, not earnings growth. Not investment advice.
Business & growth
A real, profitable business: $171.7 million of revenue in fiscal 2026 (up 39.2 percent), $5.3 million of net income, $11.4 million of operating cash flow against only $1.7 million of capital expenditure. Even without the $23.2 million Crown contribution, roughly 20 percent of organic growth remains. Revenue rose 49.7 percent to $52.8 million in the quarter ended April 30, 2026.
Earnings quality & margin
Operating income fell from $8.9 million in fiscal 2024 to $7.1 million in fiscal 2026 — on 66.3 percent more revenue. Gross margin slid from 29.4 percent to 25.1 percent and to 23.6 percent in the quarter ended April 30, 2026; the filings cite labor, freight and new product launch costs. The overhead ratio, by contrast, held steady — the entire shortfall sits in cost of sales.
Quality of growth
The company's own pro forma table in Note 3 of the annual report for the year ended January 31, 2026 discloses the acquisition share openly: $205.5 million instead of $171.7 million for fiscal 2026, and before that $177.6 million instead of $123.3 million and $160.4 million instead of $103.3 million. Two-year growth of 66.3 percent becomes 28.1 percent on a like-for-like basis, and pro forma net income of $6.1 million sits below the $8.1 million of fiscal 2024. Transparently reported — but a different picture from the headline.
Equity raises & dilution
Two offerings in ten months: 2,666,667 shares at $7.50 (September 2025) and 5,555,556 shares at $18.00 (June 29, 2026, about $94.0 million net, closed July 1, 2026) — against net tangible book value of $1.06 per share on April 30, 2026 and with no stated use of proceeds. Shares outstanding are up 23.7 percent since January 31, 2025, with roughly 9.0 million potential shares from compensation programs on top.
Customer concentration
One single customer accounted for 39 percent of gross revenue in the quarter ended April 30, 2026 (fiscal 2026: two customers at 38 and 17 percent; fiscal 2025: one customer at 44 percent). On April 30, 2026, 27 percent of gross receivables sat with one buyer. At a gross margin around 25 percent, the buying side holds the longer lever in pricing talks.
Valuation
At a market capitalization of roughly $824.9 million (data as of July 25, 2026), the market pays about 135 times the earnings of the four quarters through April 30, 2026 and about 4.8 times annual revenue — for a food manufacturer running a little over four percent operating margin. The company itself issued shares at $18.00; four analysts see $22.43 on average, while 7.8 percent of the float was sold short.
Worth Noting
Hook: rank 19 in our in-house Big Earnings Surprise ranking (U.S. selection, 81 hits), relative strength 88, as of July 25, 2026. The scanner lists are recomputed daily.
As-of dates: annual figures as of January 31, 2026 (Form 10-K filed April 14, 2026), quarterly figures as of April 30, 2026 (Form 10-Q filed June 8, 2026), equity offering as of July 1, 2026 (Form 8-K), market data as of July 25, 2026.
Risk of confusion: the company was named MamaMancini's Holdings, Inc. and traded as MMMB until August 2023 — older price and metric series as well as filings before 2023 run under the former name. The legal entity (CIK 0001520358) is the same. The fiscal year ends January 31, not December 31.
Stock Watch
This analysis is as of August 26, 2026. Stock Watch will tell you what's changed at MAMA since then.
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 10.00 $ to 20.70 $ · Last price: 13.10 $ (As of: September 17, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 09/18/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
This stock currently pays no dividend.
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Packaged Foods
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Mama's Creations Inc. MAMA | 0.6 | 91.7 | 29.6 | 24.3 | 5.1 | 39.2 | 28.7 |
| JBS N.V. JBS | 39.9 | 11.7 | 6.2 | 11.8 | 2.5 | 13.0 | -16.1 |
| Kraft Heinz Co KHC | 29.1 | – | 13.1 | 33.5 | 20.7 | -3.5 | 2.7 |
| General Mills Inc GIS | 19.9 | 9.2 | 21.6 | 33.7 | 19.2 | -1.9 | -20.8 |
| McCormick & Company Incorporated MKC-V | 13.8 | 8.6 | 13.4 | 38.9 | 17.4 | 1.7 | -18.7 |
| McCormick & Company Incorporated MKC | 13.5 | 8.9 | 13.1 | 38.9 | 17.4 | 1.7 | -23.2 |
| The J. M. Smucker Company SJM | 12.8 | – | 14.8 | 38.0 | 18.5 | 3.7 | 22.5 |
| Hormel Foods Corporation HRL | 11.6 | 28.1 | 15.5 | 15.7 | 11.1 | 1.6 | -12.2 |
| Darling Ingredients Inc DAR | 10.7 | 48.5 | 9.6 | 26.3 | 8.1 | 7.4 | 100.8 |
| Median of companies shown | 13.5 | 11.7 | 13.4 | 33.5 | 17.4 | 1.7 | -12.2 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2017 | 18 | 0 | 0 | -0.01 | 0 | -3 | 5 |
| 2018 | 28 | -1 | 0 | 0.01 | 1 | -2 | 7 |
| 2019 | 28 | 1 | 0 | 0.01 | 1 | -1 | 8 |
| 2020 | 34 | 2 | 2 | 0.04 | 2 | 0 | 10 |
| 2021 | 41 | 3 | 4 | 0.12 | 4 | 8 | 14 |
| 2022 | 47 | 0 | 0 | -0.01 | 1 | 8 | 30 |
| 2023 | 93 | 3 | 2 | 0.06 | 6 | 13 | 35 |
| 2024 | 103 | 9 | 7 | 0.17 | 12 | 20 | 45 |
| 2025 | 123 | 5 | 4 | 0.09 | 5 | 25 | 47 |
| 2026 | 172 | 8 | 5 | 0.13 | 11 | 53 | 86 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q3 | 0.03 | -40.00 | 28 | 14.50 | 4.00 | -2 | -4 |
| 2024: Q4 | 0.01 | -80.00 | 32 | 10.00 | 1.30 | 5 | 3 |
| 2025: Q1 | 0.04 | 0.00 | 34 | 25.70 | 4.80 | -1 | -1 |
| 2025: Q2 | 0.03 | 200.00 | 35 | 18.20 | 3.50 | 6 | 6 |
| 2025: Q3 | 0.04 | 33.30 | 35 | 24.00 | 3.60 | -2 | -2 |
| 2025: Q4 | 0.03 | 200.00 | 47 | 50.00 | 1.10 | 4 | 4 |
| 2026: Q1 | 0.05 | 37.20 | 54 | 60.70 | 4.10 | 3 | 3 |
| 2026: Q2 | 0.05 | 66.70 | 53 | 49.70 | 3.90 | 5 | 5 |
| 2026: Q3 | 0.06 | 50.00 | 55 | 55.10 | 4.80 | 7 | 6 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Screening
Appears in These Scanners
This stock currently matches 14 of our scanner strategies — each hit links to the scanner.
Growth
Breakout & Setup
Earnings & Surprises
Momentum & Trend
- 21-EMA Trend
- Above the 50- & 200-SMA
- Gary Antonacci: Dual Momentum (Stock Adaptation)
- High ADR (≥5%)
- Mark Minervini: Trend Criteria — 1 Month
- Power Trend
- Stan Weinstein: Stage 2
- Strength on Stress Days
Research
Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 01/31/2027 | 0.24 | 0.24 – 0.24 | 224 | – | 1 |
| 01/31/2028 | 0.36 | 0.36 – 0.36 | 252 | 50.0% | 1 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 15.5% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $17.3M |
|---|---|
| Market cap | $612.0M |
| Free cash flow in year ten | $72.9M |
| Terminal value as a share of market value | 62.7% |
For comparison: over the past five years free cash flow grew by 24.6% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Mama’s Creations stellt Fertiggerichte für die Frischetheke her; in den sechs ausgewerteten Filings (2 × 10-K, 4 × 10-Q) kommt künstliche Intelligenz kein einziges Mal als Umsatzquelle, als Produkt oder als operatives Werkzeug vor — der einzige Treffer ist ein Standardsatz im Cybersicherheits-Risikohinweis beider Geschäftsberichte, der neue Technologien „wie künstliche Intelligenz“ nur als Verstärker bestehender Angriffsrisiken nennt und damit ausdrücklich kein Beleg für eine Bedrohung des Geschäftsmodells ist.
View the full file — quotes, sources, reviewed filings
Filings Reviewed: 10-Q 2026-06-08 · 10-K 2026-04-14 · 10-Q 2025-12-08 · 10-Q 2025-09-08 · 10-Q 2025-06-03 · 10-K 2025-04-08
Rated on July 25, 2026 · How the Rating Is Built
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 22.6%
- More than 10% revenue growth is expected for the coming year -69.2%
- Share count grows by less than 3% a year 3.5%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 44.9%
- Gross margin at 40% or higher and without meaningful erosion 25.1%
- Goodwill from acquisitions does not grow faster than revenue 11.0%
- Net debt below twice EBITDA 5 m net cash
- Operating cash flow covers the profits of the last three years 13 m
- Return on capital at 15% or higher, or up versus two years ago 13.0%
- Insiders hold at least 10% or are net buyers 1.7%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
6/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 28.4%
- Exp. sales growth 3Y > 5% 21.1%
- EBIT growth 10Y > 5% 38.1%
- Exp. EBIT growth 3Y > 5% 67.9%
- Net debt < 4x EBIT -0.7x
- EBIT positive, 10Y straight 9
- Max. EBIT decline < 50% 100.0%
- Return on equity > 15% 13.2%
- ROCE > 15% 13.0%
- Expected return > 10% 70.6%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jul 6, 2026 | Halvin Fred | Director | Other | 2,200 | 0.00 | – |
| Jul 6, 2026 | Henson Meghan | Director | Other | 2,200 | 0.00 | – |
| Jul 6, 2026 | Janeway Dean | Director | Other | 2,200 | 0.00 | – |
| Jul 6, 2026 | Blake Lynn Larson | Director | Other | 2,200 | 0.00 | – |
The company
About the Company
Mama's Creations, Inc., together with its subsidiaries, manufactures and markets fresh deli-prepared foods in the United States. The company offers chicken, beef and turkey meatballs, meat loaf, sausage-related products, and pasta and rice entrees; olives, olive mixes, and savory products; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections. It sells its products directly to supermarkets, club chains, mass-market retailers; and food retailer and distributors, as well as through website and social media channels. The company was formerly known as MamaMancini's Holdings, Inc. and changed its name to Mama's Creations, Inc. in August 2023. Mama's Creations, Inc. was incorporated in 2009 and is headquartered in East Rutherford, New Jersey.
- Employees
- 581
- Headquarters
- East Rutherford, NJ
- Address
- 25 Branca Road, 07073 East Rutherford, United States
- Phone
- 201 531 1212
- Website
- mamascreations.com
- IPO Date
- 05/22/2013
- ISIN
- US56146T1034
Management
| Name | Title | Birth Year |
|---|---|---|
| Adam L. Michaels | CEO & Chairman | 1977 |
| Anthony J. Gruber | Chief Financial Officer | 1969 |
| Moore Tappan | Chief Operating Officer | 1967 |
| Daniel Dougherty Mancini | Co-Founder | – |
| Luke Zimmerman | Managing Director of Investor Relations | – |
| Scott Shaffer | Senior Vice President of Sales | – |
| Lauren Sella | Chief Marketing Officer | – |
| Joselina Peralta | Chief Procurement Officer & Senior VP of End to End Supply Chain | – |
| Anthony Morello | President of T&L Creative Salads and The Olive Branch | – |
| Chris Darling | Chief Commercial Officer | – |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
Data as of: September 17, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.