MAPLE LEAF FOODS INC (MFI.CA) Fundamental Analysis & Valuation
TSX:MFI • CA5649051078
28.72 CAD
+0.41 (+1.45%)
Last: Mar 6, 2026, 07:00 PM
This MFI.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, MFI scores 6 out of 10 in our fundamental rating. MFI was compared to 19 industry peers in the Food Products industry. MFI has only an average score on both its financial health and profitability. MFI may be a bit undervalued, certainly considering the very reasonable score on growth MFI also has an excellent dividend rating. With these ratings, MFI could be worth investigating further for value and dividend investing!.
1. MFI.CA Profitability Analysis
1.1 Basic Checks
- MFI had positive earnings in the past year.
- MFI had a positive operating cash flow in the past year.
- In multiple years MFI reported negative net income over the last 5 years.
- Each year in the past 5 years MFI had a positive operating cash flow.
1.2 Ratios
- Looking at the Return On Assets, with a value of 4.58%, MFI is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
- With a decent Return On Equity value of 12.48%, MFI is doing good in the industry, outperforming 78.95% of the companies in the same industry.
- With a decent Return On Invested Capital value of 7.30%, MFI is doing good in the industry, outperforming 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.58% | ||
| ROE | 12.48% | ||
| ROIC | 7.3% |
ROA(3y)-2.52%
ROA(5y)-0.46%
ROE(3y)-6.91%
ROE(5y)-1.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 4.22%, MFI belongs to the best of the industry, outperforming 89.47% of the companies in the same industry.
- MFI's Profit Margin has been stable in the last couple of years.
- Looking at the Operating Margin, with a value of 7.11%, MFI belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
- MFI's Operating Margin has improved in the last couple of years.
- MFI has a Gross Margin of 16.57%. This is comparable to the rest of the industry: MFI outperforms 57.89% of its industry peers.
- In the last couple of years the Gross Margin of MFI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.11% | ||
| PM (TTM) | 4.22% | ||
| GM | 16.57% |
OM growth 3Y9.26%
OM growth 5Y9.75%
PM growth 3Y-4.62%
PM growth 5Y0.84%
GM growth 3Y-0.2%
GM growth 5Y-0.48%
2. MFI.CA Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MFI is still creating some value.
- MFI has more shares outstanding than it did 1 year ago.
- The number of shares outstanding for MFI has been increased compared to 5 years ago.
- Compared to 1 year ago, MFI has an improved debt to assets ratio.
2.2 Solvency
- MFI has an Altman-Z score of 2.45. This is not the best score and indicates that MFI is in the grey zone with still only limited risk for bankruptcy at the moment.
- MFI has a Altman-Z score of 2.45. This is comparable to the rest of the industry: MFI outperforms 57.89% of its industry peers.
- The Debt to FCF ratio of MFI is 4.41, which is a neutral value as it means it would take MFI, 4.41 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of MFI (4.41) is better than 89.47% of its industry peers.
- A Debt/Equity ratio of 0.78 indicates that MFI is somewhat dependend on debt financing.
- MFI has a Debt to Equity ratio (0.78) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 4.41 | ||
| Altman-Z | 2.45 |
ROIC/WACC1.05
WACC6.98%
2.3 Liquidity
- MFI has a Current Ratio of 1.47. This is a normal value and indicates that MFI is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of MFI (1.47) is comparable to the rest of the industry.
- MFI has a Quick Ratio of 1.04. This is a normal value and indicates that MFI is financially healthy and should not expect problems in meeting its short term obligations.
- With a decent Quick ratio value of 1.04, MFI is doing good in the industry, outperforming 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.04 |
3. MFI.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 287.50% over the past year.
- MFI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.78% yearly.
- The Revenue has decreased by -0.37% in the past year.
- The Revenue has been growing slightly by 4.43% on average over the past years.
EPS 1Y (TTM)287.5%
EPS 3Y-7.64%
EPS 5Y2.78%
EPS Q2Q%172.22%
Revenue 1Y (TTM)-0.37%
Revenue growth 3Y2.68%
Revenue growth 5Y4.43%
Sales Q2Q%7.63%
3.2 Future
- Based on estimates for the next years, MFI will show a very strong growth in Earnings Per Share. The EPS will grow by 30.01% on average per year.
- MFI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.17% yearly.
EPS Next Y25.17%
EPS Next 2Y37.73%
EPS Next 3Y36.33%
EPS Next 5Y30.01%
Revenue Next Year-19.73%
Revenue Next 2Y-6.42%
Revenue Next 3Y-2.58%
Revenue Next 5Y-3.17%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. MFI.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 15.44, the valuation of MFI can be described as correct.
- Based on the Price/Earnings ratio, MFI is valued a bit cheaper than the industry average as 78.95% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 26.29. MFI is valued slightly cheaper when compared to this.
- With a Price/Forward Earnings ratio of 19.41, MFI is valued on the expensive side.
- The rest of the industry has a similar Price/Forward Earnings ratio as MFI.
- When comparing the Price/Forward Earnings ratio of MFI to the average of the S&P500 Index (24.57), we can say MFI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.44 | ||
| Fwd PE | 19.41 |
4.2 Price Multiples
- MFI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. MFI is cheaper than 68.42% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, MFI is valued cheaply inside the industry as 89.47% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.63 | ||
| EV/EBITDA | 8.37 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of MFI may justify a higher PE ratio.
- A more expensive valuation may be justified as MFI's earnings are expected to grow with 36.33% in the coming years.
PEG (NY)0.61
PEG (5Y)5.55
EPS Next 2Y37.73%
EPS Next 3Y36.33%
5. MFI.CA Dividend Analysis
5.1 Amount
- MFI has a Yearly Dividend Yield of 3.01%. Purely for dividend investing, there may be better candidates out there.
- MFI's Dividend Yield is a higher than the industry average which is at 1.65.
- MFI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
5.2 History
- The dividend of MFI has a limited annual growth rate of 3.82%.
- MFI has been paying a dividend for at least 10 years, so it has a reliable track record.
- MFI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.82%
Div Incr Years10
Div Non Decr Years28
5.3 Sustainability
- 50.55% of the earnings are spent on dividend by MFI. This is a bit on the high side, but may be sustainable.
- The dividend of MFI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50.55%
EPS Next 2Y37.73%
EPS Next 3Y36.33%
MFI.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:MFI (3/6/2026, 7:00:00 PM)
28.72
+0.41 (+1.45%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)11-05 2025-11-05/bmo
Earnings (Next)03-05 2026-03-05/amc
Inst Owners24.84%
Inst Owner ChangeN/A
Ins Owners39.82%
Ins Owner ChangeN/A
Market Cap3.58B
Revenue(TTM)4.83B
Net Income(TTM)203.93M
Analysts78.33
Price Target34.68 (20.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.01% |
Yearly Dividend0.7
Dividend Growth(5Y)3.82%
DP50.55%
Div Incr Years10
Div Non Decr Years28
Ex-Date03-09 2026-03-09 (0.21)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)32.27%
Min EPS beat(2)26.49%
Max EPS beat(2)38.05%
EPS beat(4)4
Avg EPS beat(4)44.34%
Min EPS beat(4)26.49%
Max EPS beat(4)57.68%
EPS beat(8)4
Avg EPS beat(8)3.17%
EPS beat(12)4
Avg EPS beat(12)-35.18%
EPS beat(16)4
Avg EPS beat(16)-48.88%
Revenue beat(2)2
Avg Revenue beat(2)8.15%
Min Revenue beat(2)1.35%
Max Revenue beat(2)14.94%
Revenue beat(4)4
Avg Revenue beat(4)5.01%
Min Revenue beat(4)0.74%
Max Revenue beat(4)14.94%
Revenue beat(8)5
Avg Revenue beat(8)1.18%
Revenue beat(12)7
Avg Revenue beat(12)0.18%
Revenue beat(16)7
Avg Revenue beat(16)-0.56%
PT rev (1m)0.37%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-40.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-13.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.44 | ||
| Fwd PE | 19.41 | ||
| P/S | 0.74 | ||
| P/FCF | 9.63 | ||
| P/OCF | 7.49 | ||
| P/B | 2.19 | ||
| P/tB | 3.88 | ||
| EV/EBITDA | 8.37 |
EPS(TTM)1.86
EY6.48%
EPS(NY)1.48
Fwd EY5.15%
FCF(TTM)2.98
FCFY10.39%
OCF(TTM)3.83
OCFY13.35%
SpS38.8
BVpS13.11
TBVpS7.4
PEG (NY)0.61
PEG (5Y)5.55
Graham Number23.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.58% | ||
| ROE | 12.48% | ||
| ROCE | 10.65% | ||
| ROIC | 7.3% | ||
| ROICexc | 7.75% | ||
| ROICexgc | 10.12% | ||
| OM | 7.11% | ||
| PM (TTM) | 4.22% | ||
| GM | 16.57% | ||
| FCFM | 7.69% |
ROA(3y)-2.52%
ROA(5y)-0.46%
ROE(3y)-6.91%
ROE(5y)-1.96%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y12.95%
ROICexgc growth 5Y8.33%
ROICexc growth 3Y15.04%
ROICexc growth 5Y11.56%
OM growth 3Y9.26%
OM growth 5Y9.75%
PM growth 3Y-4.62%
PM growth 5Y0.84%
GM growth 3Y-0.2%
GM growth 5Y-0.48%
F-Score7
Asset Turnover1.09
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 4.41 | ||
| Debt/EBITDA | 2.13 | ||
| Cap/Depr | 42.15% | ||
| Cap/Sales | 2.19% | ||
| Interest Coverage | 3.01 | ||
| Cash Conversion | 80.25% | ||
| Profit Quality | 182.27% | ||
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 2.45 |
F-Score7
WACC6.98%
ROIC/WACC1.05
Cap/Depr(3y)87.03%
Cap/Depr(5y)154.07%
Cap/Sales(3y)4.52%
Cap/Sales(5y)7.29%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)287.5%
EPS 3Y-7.64%
EPS 5Y2.78%
EPS Q2Q%172.22%
EPS Next Y25.17%
EPS Next 2Y37.73%
EPS Next 3Y36.33%
EPS Next 5Y30.01%
Revenue 1Y (TTM)-0.37%
Revenue growth 3Y2.68%
Revenue growth 5Y4.43%
Sales Q2Q%7.63%
Revenue Next Year-19.73%
Revenue Next 2Y-6.42%
Revenue Next 3Y-2.58%
Revenue Next 5Y-3.17%
EBIT growth 1Y65.97%
EBIT growth 3Y12.19%
EBIT growth 5Y14.61%
EBIT Next Year68.95%
EBIT Next 3Y26.82%
EBIT Next 5Y21.67%
FCF growth 1Y414.59%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y250.8%
OCF growth 3Y15.11%
OCF growth 5Y11.47%
MAPLE LEAF FOODS INC / MFI.CA FAQ
What is the ChartMill fundamental rating of MAPLE LEAF FOODS INC (MFI.CA) stock?
ChartMill assigns a fundamental rating of 6 / 10 to MFI.CA.
What is the valuation status for MFI stock?
ChartMill assigns a valuation rating of 7 / 10 to MAPLE LEAF FOODS INC (MFI.CA). This can be considered as Undervalued.
Can you provide the profitability details for MAPLE LEAF FOODS INC?
MAPLE LEAF FOODS INC (MFI.CA) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for MFI stock?
The Price/Earnings (PE) ratio for MAPLE LEAF FOODS INC (MFI.CA) is 15.44 and the Price/Book (PB) ratio is 2.19.
What is the earnings growth outlook for MAPLE LEAF FOODS INC?
The Earnings per Share (EPS) of MAPLE LEAF FOODS INC (MFI.CA) is expected to grow by 25.17% in the next year.