Financials My Food Bag Group Limited

Equities

MFB

NZMFBE0004S1

Food Processing

End-of-day quote New Zealand S.E. 03:30:00 02/07/2024 am IST 5-day change 1st Jan Change
0.137 NZD -4.86% Intraday chart for My Food Bag Group Limited -8.67% -15.43%

Valuation

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 387.9 225.5 55.76 32 33.21 - -
Enterprise Value (EV) 1 412.2 223 71.03 32 49.64 45.25 41.72
P/E ratio 160 x 11.6 x 7.67 x - 5.01 x 4.42 x 4.17 x
Yield - 7.53% 13% - 7.3% 14.6% 18.2%
Capitalization / Revenue 2.03 x 1.16 x 0.32 x 0.2 x 0.21 x 0.2 x 0.2 x
EV / Revenue 2.16 x 1.15 x 0.4 x 0.2 x 0.31 x 0.28 x 0.25 x
EV / EBITDA 13.9 x 6.52 x 3.91 x 2 x 3.19 x 2.88 x 2.61 x
EV / FCF 17.6 x - 35.1 x - 5.52 x 4.87 x 4.35 x
FCF Yield 5.67% - 2.85% - 18.1% 20.6% 23%
Price to Book 7.16 x - - - 0.49 x 0.46 x 0.45 x
Nbr of stocks (in thousands) 2,42,438 2,42,438 2,42,438 2,42,438 2,42,438 - -
Reference price 2 1.600 0.9300 0.2300 0.1320 0.1370 0.1370 0.1370
Announcement Date 20/05/21 19/05/22 18/05/23 23/05/24 - - -
1NZD in Million2NZD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net sales 1 153.3 190.7 194 175.7 162.2 160.2 163.8 168.6
EBITDA 1 - 29.62 34.2 18.17 16.03 15.56 15.7 15.98
EBIT 1 - 24.74 28.74 12.45 10.35 10.37 11.11 11.47
Operating Margin - 12.97% 14.82% 7.09% 6.38% 6.47% 6.78% 6.8%
Earnings before Tax (EBT) 1 - 8.969 27.81 - 6.044 9.202 10.43 11.06
Net income 1 8.2 2.442 20.01 7.85 6.044 6.625 7.507 7.964
Net margin 5.35% 1.28% 10.32% 4.47% 3.73% 4.14% 4.58% 4.72%
EPS 2 - 0.0100 0.0800 0.0300 - 0.0273 0.0310 0.0328
Free Cash Flow 1 - 23.39 - 2.022 - 9 9.3 9.6
FCF margin - 12.26% - 1.15% - 5.62% 5.68% 5.69%
FCF Conversion (EBITDA) - 78.98% - 11.13% - 57.85% 59.22% 60.09%
FCF Conversion (Net income) - 957.82% - 25.76% - 135.85% 123.88% 120.54%
Dividend per Share 2 - - 0.0700 0.0300 - 0.0100 0.0200 0.0250
Announcement Date 11/02/21 20/05/21 19/05/22 18/05/23 23/05/24 - - -
1NZD in Million2NZD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2022 S1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 9.435
Net margin -
EPS 2 0.0400
Dividend per Share -
Announcement Date 18/11/21
1NZD in Million2NZD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027
Net Debt 1 - 24.3 - 15.3 - 16.4 12 8.5
Net Cash position 1 - - 2.5 - - - - -
Leverage (Debt/EBITDA) - 0.8196 x - 0.8403 x - 1.056 x 0.7668 x 0.5322 x
Free Cash Flow 1 - 23.4 - 2.02 - 9 9.3 9.6
ROE (net income / shareholders' equity) - 29.7% - 12.6% - 9.93% 10.6% 10.7%
ROA (Net income/ Total Assets) - 15.8% - 7.33% - 9.81% 10.5% 10.9%
Assets 1 - 15.5 - 107.1 - 67.53 71.29 73.26
Book Value Per Share 2 - 0.2200 - - - 0.2800 0.2900 0.3100
Cash Flow per Share - - - - - - - -
Capex 1 - 0.67 2.88 7.75 - 3.04 3.11 3.2
Capex / Sales - 0.35% 1.48% 4.41% - 1.9% 1.9% 1.9%
Announcement Date 11/02/21 20/05/21 19/05/22 18/05/23 23/05/24 - - -
1NZD in Million2NZD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.137 NZD
Average target price
0.28 NZD
Spread / Average Target
+104.38%
Consensus

Annual profits - Rate of surprise

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