MAPLE LEAF FOODS INC (MFI.CA) Stock Fundamental Analysis
TSX:MFI - Toronto Stock Exchange - CA5649051078 - Common Stock - Currency: CAD
Taking everything into account, MFI scores 5 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 is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years MFI always reported a positive cash flow from operatings.
1.2 Ratios
MFI has a Return On Assets of 2.18%. This is in the better half of the industry: MFI outperforms 73.68% of its industry peers.
The Return On Equity of MFI (6.28%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 5.13%, MFI perfoms like the industry average, outperforming 42.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 6.28% | ||
| ROIC | 5.13% |
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
The Profit Margin of MFI (1.97%) is better than 73.68% of its industry peers.
In the last couple of years the Profit Margin of MFI has remained more or less at the same level.
Looking at the Operating Margin, with a value of 5.31%, MFI is in line with its industry, outperforming 47.37% of the companies in the same industry.
In the last couple of years the Operating Margin of MFI has grown nicely.
Looking at the Gross Margin, with a value of 14.64%, MFI is in line with its industry, outperforming 42.11% of the companies in the same industry.
MFI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.31% | ||
| PM (TTM) | 1.97% | ||
| GM | 14.64% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MFI is destroying value.
The number of shares outstanding for MFI has been increased compared to 1 year ago.
Compared to 5 years ago, MFI has more shares outstanding
Compared to 1 year ago, MFI has an improved debt to assets ratio.
2.2 Solvency
MFI has an Altman-Z score of 2.18. 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 (2.18) than 73.68% of its industry peers.
The Debt to FCF ratio of MFI is 5.09, which is a neutral value as it means it would take MFI, 5.09 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 5.09, MFI belongs to the top of the industry, outperforming 84.21% of the companies in the same industry.
A Debt/Equity ratio of 1.00 is on the high side and indicates that MFI has dependencies on debt financing.
MFI has a Debt to Equity ratio of 1.00. This is in the better half of the industry: MFI outperforms 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 5.09 | ||
| Altman-Z | 2.18 |
ROIC/WACC0.77
WACC6.64%
2.3 Liquidity
MFI has a Current Ratio of 1.23. 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 Current ratio value of 1.23, MFI perfoms like the industry average, outperforming 42.11% of the companies in the same industry.
MFI has a Quick Ratio of 1.23. This is a bad value and indicates that MFI is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.48, MFI is in line with its industry, outperforming 47.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 766.67% 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.
MFI shows a small growth in Revenue. In the last year, the Revenue has grown by 0.56%.
Measured over the past years, MFI shows a small growth in Revenue. The Revenue has been growing by 4.43% on average per year.
EPS 1Y (TTM)766.67%
EPS 3Y-7.64%
EPS 5Y2.78%
EPS Q2Q%375%
Revenue 1Y (TTM)0.56%
Revenue growth 3Y2.68%
Revenue growth 5Y4.43%
Sales Q2Q%3.72%
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 32.09% on average per year.
Based on estimates for the next years, MFI will show a small growth in Revenue. The Revenue will grow by 3.34% on average per year.
EPS Next Y85.43%
EPS Next 2Y49.15%
EPS Next 3Y32.09%
EPS Next 5YN/A
Revenue Next Year3.88%
Revenue Next 2Y3.77%
Revenue Next 3Y3.34%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.85, MFI can be considered very expensive at the moment.
The rest of the industry has a similar Price/Earnings ratio as MFI.
The average S&P500 Price/Earnings ratio is at 28.87. MFI is around the same levels.
The Price/Forward Earnings ratio is 17.17, which indicates a rather expensive current valuation of MFI.
73.68% of the companies in the same industry are more expensive than MFI, based on the Price/Forward Earnings ratio.
MFI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.38, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.85 | ||
| Fwd PE | 17.17 |
4.2 Price Multiples
68.42% of the companies in the same industry are more expensive than MFI, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MFI is valued cheaper than 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.33 | ||
| EV/EBITDA | 9.11 |
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.
MFI's earnings are expected to grow with 32.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.37
PEG (5Y)11.45
EPS Next 2Y49.15%
EPS Next 3Y32.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.84%, MFI has a reasonable but not impressive dividend return.
MFI's Dividend Yield is a higher than the industry average which is at 4.33.
MFI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.84% |
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 89.73% 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.
DP89.73%
EPS Next 2Y49.15%
EPS Next 3Y32.09%
TSX:MFI (4/28/2025, 7:00:00 PM)
24.84
+0.18 (+0.73%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners25.98%
Inst Owner ChangeN/A
Ins Owners40%
Ins Owner ChangeN/A
Market Cap3.08B
Analysts80
Price Target30.94 (24.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.84% |
Yearly Dividend0.7
Dividend Growth(5Y)3.82%
DP89.73%
Div Incr Years10
Div Non Decr Years28
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)17.18%
Min EPS beat(2)-20.79%
Max EPS beat(2)55.15%
EPS beat(4)1
Avg EPS beat(4)-10.34%
Min EPS beat(4)-68.32%
Max EPS beat(4)55.15%
EPS beat(8)1
Avg EPS beat(8)-31.23%
EPS beat(12)1
Avg EPS beat(12)-69.28%
EPS beat(16)4
Avg EPS beat(16)-53.72%
Revenue beat(2)2
Avg Revenue beat(2)0.45%
Min Revenue beat(2)0.17%
Max Revenue beat(2)0.74%
Revenue beat(4)2
Avg Revenue beat(4)-1.7%
Min Revenue beat(4)-4.69%
Max Revenue beat(4)0.74%
Revenue beat(8)4
Avg Revenue beat(8)-1.82%
Revenue beat(12)4
Avg Revenue beat(12)-2.08%
Revenue beat(16)5
Avg Revenue beat(16)-1.63%
PT rev (1m)-2.15%
PT rev (3m)1.79%
EPS NQ rev (1m)-3.57%
EPS NQ rev (3m)12.5%
EPS NY rev (1m)0.85%
EPS NY rev (3m)8.48%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-5.78%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.85 | ||
| Fwd PE | 17.17 | ||
| P/S | 0.63 | ||
| P/FCF | 8.33 | ||
| P/OCF | 6.62 | ||
| P/B | 2 | ||
| P/tB | 4.27 | ||
| EV/EBITDA | 9.11 |
EPS(TTM)0.78
EY3.14%
EPS(NY)1.45
Fwd EY5.82%
FCF(TTM)2.98
FCFY12%
OCF(TTM)3.75
OCFY15.1%
SpS39.49
BVpS12.41
TBVpS5.82
PEG (NY)0.37
PEG (5Y)11.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.18% | ||
| ROE | 6.28% | ||
| ROCE | 7.48% | ||
| ROIC | 5.13% | ||
| ROICexc | 5.4% | ||
| ROICexgc | 7.18% | ||
| OM | 5.31% | ||
| PM (TTM) | 1.97% | ||
| GM | 14.64% | ||
| FCFM | 7.55% |
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 Turnover1.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | 5.09 | ||
| Debt/EBITDA | 2.93 | ||
| Cap/Depr | 36.01% | ||
| Cap/Sales | 1.95% | ||
| Interest Coverage | 1.75 | ||
| Cash Conversion | 88.55% | ||
| Profit Quality | 382.44% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 2.18 |
F-Score8
WACC6.64%
ROIC/WACC0.77
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)766.67%
EPS 3Y-7.64%
EPS 5Y2.78%
EPS Q2Q%375%
EPS Next Y85.43%
EPS Next 2Y49.15%
EPS Next 3Y32.09%
EPS Next 5YN/A
Revenue 1Y (TTM)0.56%
Revenue growth 3Y2.68%
Revenue growth 5Y4.43%
Sales Q2Q%3.72%
Revenue Next Year3.88%
Revenue Next 2Y3.77%
Revenue Next 3Y3.34%
Revenue Next 5YN/A
EBIT growth 1Y386.19%
EBIT growth 3Y12.19%
EBIT growth 5Y14.61%
EBIT Next Year126.12%
EBIT Next 3Y35.3%
EBIT Next 5YN/A
FCF growth 1Y1834.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y162.84%
OCF growth 3Y15.11%
OCF growth 5Y11.47%