MAPLE LEAF FOODS INC (MFI.CA) Stock Fundamental Analysis
TSX:MFI - Toronto Stock Exchange - CA5649051078 - Common Stock - Currency: CAD
Overall MFI gets a fundamental rating of 5 out of 10. We evaluated MFI against 13 industry peers in the Food Products industry. MFI has only an average score on both its financial health and profitability. MFI has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
MFI had positive earnings in the past year.
In the past year MFI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: MFI reported negative net income in multiple years.
MFI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of MFI (2.13%) is better than 69.23% of its industry peers.
Looking at the Return On Equity, with a value of 6.02%, MFI is in line with its industry, outperforming 46.15% of the companies in the same industry.
MFI has a better Return On Invested Capital (5.89%) than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.13% | ||
| ROE | 6.02% | ||
| ROIC | 5.89% |
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
MFI's Profit Margin of 1.90% is fine compared to the rest of the industry. MFI outperforms 76.92% of its industry peers.
MFI's Profit Margin has been stable in the last couple of years.
With a decent Operating Margin value of 6.00%, MFI is doing good in the industry, outperforming 61.54% 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 15.26%. This is in the lower half of the industry: MFI underperforms 61.54% 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 | 6% | ||
| PM (TTM) | 1.9% | ||
| GM | 15.26% |
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. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MFI is destroying value.
Compared to 1 year ago, MFI has more shares outstanding
MFI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MFI has been reduced compared to a year ago.
2.2 Solvency
MFI has an Altman-Z score of 2.38. 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 better Altman-Z score (2.38) than 61.54% of its industry peers.
The Debt to FCF ratio of MFI is 6.38, which is on the high side as it means it would take MFI, 6.38 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MFI (6.38) is better than 84.62% of its industry peers.
A Debt/Equity ratio of 0.96 indicates that MFI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.96, MFI is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 6.38 | ||
| Altman-Z | 2.38 |
ROIC/WACC0.86
WACC6.89%
2.3 Liquidity
A Current Ratio of 1.27 indicates that MFI should not have too much problems paying its short term obligations.
MFI's Current ratio of 1.27 is fine compared to the rest of the industry. MFI outperforms 61.54% of its industry peers.
MFI has a Quick Ratio of 1.27. This is a bad value and indicates that MFI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.42, MFI perfoms like the industry average, outperforming 53.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 0.42 |
3. Growth
3.1 Past
MFI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 368.00%, which is quite impressive.
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 been growing slightly by 2.82% in the past year.
The Revenue has been growing slightly by 4.43% on average over the past years.
EPS 1Y (TTM)368%
EPS 3Y-7.64%
EPS 5Y2.78%
EPS Q2Q%975%
Revenue 1Y (TTM)2.82%
Revenue growth 3Y2.68%
Revenue growth 5Y4.43%
Sales Q2Q%7.64%
3.2 Future
MFI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.09% yearly.
The Revenue is expected to grow by 3.34% on average over the next years.
EPS Next Y85.43%
EPS Next 2Y49.15%
EPS Next 3Y32.09%
EPS Next 5YN/A
Revenue Next Year7.78%
Revenue Next 2Y3.87%
Revenue Next 3Y3.34%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 25.39 indicates a quite expensive valuation of MFI.
MFI's Price/Earnings ratio is a bit more expensive when compared to the industry. MFI is more expensive than 61.54% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. MFI is around the same levels.
With a Price/Forward Earnings ratio of 17.12, MFI is valued on the expensive side.
MFI's Price/Forward Earnings is on the same level as the industry average.
MFI is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.06, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.39 | ||
| Fwd PE | 17.12 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as MFI.
84.62% of the companies in the same industry are more expensive than MFI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.66 | ||
| EV/EBITDA | 9.65 |
4.3 Compensation for Growth
MFI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MFI's earnings are expected to grow with 32.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.3
PEG (5Y)9.13
EPS Next 2Y49.15%
EPS Next 3Y32.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.25%, MFI has a reasonable but not impressive dividend return.
MFI's Dividend Yield is a higher than the industry average which is at 3.79.
MFI's Dividend Yield is a higher than the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
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
MFI pays out 96.97% of its income as dividend. This is not a sustainable payout ratio.
MFI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP96.97%
EPS Next 2Y49.15%
EPS Next 3Y32.09%
TSX:MFI (7/15/2025, 7:00:00 PM)
29.71
-0.06 (-0.2%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners25.07%
Inst Owner ChangeN/A
Ins Owners39.98%
Ins Owner ChangeN/A
Market Cap3.68B
Analysts78.18
Price Target34.02 (14.51%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.25% |
Yearly Dividend0.7
Dividend Growth(5Y)3.82%
DP96.97%
Div Incr Years10
Div Non Decr Years28
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)56.42%
Min EPS beat(2)55.15%
Max EPS beat(2)57.68%
EPS beat(4)2
Avg EPS beat(4)21.16%
Min EPS beat(4)-20.79%
Max EPS beat(4)57.68%
EPS beat(8)2
Avg EPS beat(8)-22.24%
EPS beat(12)2
Avg EPS beat(12)-58.47%
EPS beat(16)4
Avg EPS beat(16)-50.15%
Revenue beat(2)2
Avg Revenue beat(2)1.88%
Min Revenue beat(2)0.74%
Max Revenue beat(2)3.01%
Revenue beat(4)3
Avg Revenue beat(4)0.23%
Min Revenue beat(4)-3.01%
Max Revenue beat(4)3.01%
Revenue beat(8)4
Avg Revenue beat(8)-1.47%
Revenue beat(12)5
Avg Revenue beat(12)-1.8%
Revenue beat(16)6
Avg Revenue beat(16)-1.4%
PT rev (1m)1.6%
PT rev (3m)7.6%
EPS NQ rev (1m)2.85%
EPS NQ rev (3m)6.3%
EPS NY rev (1m)0%
EPS NY rev (3m)0.85%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)1.59%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.39 | ||
| Fwd PE | 17.12 | ||
| P/S | 0.74 | ||
| P/FCF | 12.66 | ||
| P/OCF | 9.51 | ||
| P/B | 2.34 | ||
| P/tB | 4.85 | ||
| EV/EBITDA | 9.65 |
EPS(TTM)1.17
EY3.94%
EPS(NY)1.74
Fwd EY5.84%
FCF(TTM)2.35
FCFY7.9%
OCF(TTM)3.13
OCFY10.52%
SpS40.19
BVpS12.69
TBVpS6.13
PEG (NY)0.3
PEG (5Y)9.13
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.13% | ||
| ROE | 6.02% | ||
| ROCE | 8.6% | ||
| ROIC | 5.89% | ||
| ROICexc | 6.1% | ||
| ROICexgc | 8.05% | ||
| OM | 6% | ||
| PM (TTM) | 1.9% | ||
| GM | 15.26% | ||
| FCFM | 5.84% |
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
ROICexcg growth 3Y12.95%
ROICexcg 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-Score8
Asset Turnover1.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 6.38 | ||
| Debt/EBITDA | 2.69 | ||
| Cap/Depr | 36.71% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 2.18 | ||
| Cash Conversion | 68.93% | ||
| Profit Quality | 307.52% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 0.42 | ||
| Altman-Z | 2.38 |
F-Score8
WACC6.89%
ROIC/WACC0.86
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)368%
EPS 3Y-7.64%
EPS 5Y2.78%
EPS Q2Q%975%
EPS Next Y85.43%
EPS Next 2Y49.15%
EPS Next 3Y32.09%
EPS Next 5YN/A
Revenue 1Y (TTM)2.82%
Revenue growth 3Y2.68%
Revenue growth 5Y4.43%
Sales Q2Q%7.64%
Revenue Next Year7.78%
Revenue Next 2Y3.87%
Revenue Next 3Y3.34%
Revenue Next 5YN/A
EBIT growth 1Y131.98%
EBIT growth 3Y12.19%
EBIT growth 5Y14.61%
EBIT Next Year133.12%
EBIT Next 3Y37.37%
EBIT Next 5YN/A
FCF growth 1Y311.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y127.9%
OCF growth 3Y15.11%
OCF growth 5Y11.47%