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Maple Leaf Foods Inc.TSX:MFI Stock Report

Market Cap CA$3.8b
Share Price
CA$30.67
CA$37.6
18.4% undervalued intrinsic discount
1Y12.2%
7D2.4%
1D
Portfolio Value
View

Maple Leaf Foods Inc.

TSX:MFI Stock Report

Market Cap: CA$3.8b

Maple Leaf Foods (MFI) Stock Overview

Operates as a protein-focused consumer packaged goods company in Canada, the United States, Japan, Korea, the Philippines, China, and internationally. More details

MFI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends3/6

MFI Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

Maple Leaf Foods Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Maple Leaf Foods
Historical stock prices
Current Share PriceCA$30.67
52 Week HighCA$36.35
52 Week LowCA$23.35
Beta0.89
1 Month Change9.03%
3 Month Change6.79%
1 Year Change12.18%
3 Year Change16.39%
5 Year Change16.57%
Change since IPO422.04%

Recent News & Updates

Recent updates

Narrative Update May 03

MFI: Future P/E Repricing Will Follow 2030 Buyback And Dividend Plan

Analysts have nudged the Maple Leaf Foods fair value estimate up from CA$35.75 to CA$36.00, reflecting slightly higher long term margin and P/E assumptions, alongside recent price target increases across several firms following the company's investor day. Analyst Commentary Recent research updates have leaned supportive of Maple Leaf Foods, with several firms revising price targets higher following the investor day and one firm moving to a more positive rating stance.
Narrative Update Apr 10

MFI: Future P/E Repricing Will Follow 2030 Free Cash Flow Potential

Narrative Update Analysts have nudged Maple Leaf Foods' price target higher into the CA$30 to CA$37 range, reflecting updated views that incorporate the company's recent investor day guidance on longer term growth and free cash flow potential. Analyst Commentary Recent Street research points to a more constructive stance on Maple Leaf Foods, with several firms adjusting price targets higher following the investor day and refreshed long term guidance.
Narrative Update Mar 27

MFI: Future P/E Repricing Will Hinge On 2030 Free Cash Flow Execution

Analysts have nudged the implied fair value for Maple Leaf Foods higher to about CA$35.75 from CA$35.50, reflecting recent price target increases across the Street following investor day commentary on growth and free cash flow potential. Analyst Commentary Street research around Maple Leaf Foods has turned more constructive following the recent investor day, with several firms adjusting ratings and price targets to reflect updated views on growth and free cash flow potential.
Narrative Update Mar 11

MFI: Future P/E Repricing Will Depend On Free Cash Flow And Dividend Execution

The analyst price target for Maple Leaf Foods has been raised from CA$34.00 to CA$35.50, with analysts citing updated expectations for revenue growth, higher profit margins, and a lower assumed future P/E multiple as key drivers behind the change. Analyst Commentary Recent Street research on Maple Leaf Foods has been broadly constructive, with several firms adjusting price targets higher and, in one case, upgrading the rating following the company’s investor day.
Narrative Update Feb 24

MFI: Long Term P/E Repricing Will Rely On Steady Margin And Dividend Execution

Analysts have lifted their CA$ price target on Maple Leaf Foods by CA$1, citing updated views that are reflected in a slightly lower future P/E assumption and unchanged fair value, discount rate, revenue outlook, and profit margin estimates. Analyst Commentary Analysts framed the CA$1 increase in the Maple Leaf Foods price target as a modest refinement rather than a major shift, given that their fair value, discount rate, revenue outlook, and profit margin assumptions are unchanged.
Narrative Update Feb 10

MFI: Long Term P/E Repricing Will Rely On Consistent Margin Execution

Narrative Update: Maple Leaf Foods Analysts have lifted their price target on Maple Leaf Foods by C$1 to reflect updated views on the company’s fair value, discount rate and longer term P/E assumptions. Analyst Commentary Recent commentary around the C$1 price target adjustment focuses on how analysts see Maple Leaf Foods’ valuation lining up with their refreshed discount rate and longer term P/E assumptions.
Narrative Update Jan 26

MFI: Margin Execution And Brand Initiatives Will Support Future Repricing Potential

Narrative Update The analyst price target for Maple Leaf Foods has been adjusted to C$34.00 from C$33.88. This reflects recent Street research in which analysts fine tuned their views on the stock, including a C$1 price target increase at one firm and target revisions to C$34 and C$27 at others, while maintaining positive or neutral ratings.
Narrative Update Jan 10

MFI: Margin Execution And Brand Initiatives Will Drive Future Earnings Upside

Analysts have trimmed their price expectations for Maple Leaf Foods, with recent targets moving from C$39 to C$36 and then to C$34, and from C$32 to C$27, reflecting updated views on the shares while maintaining mixed ratings on the stock. Analyst Commentary Recent research updates on Maple Leaf Foods point to a reset in expectations, with price targets moving lower while ratings remain mixed.
Narrative Update Dec 15

MFI Will See Margin Initiatives Drive Attractive Future Earnings Upside

The analyst price target for Maple Leaf Foods has been trimmed by about C$3 to reflect slightly slower revenue growth assumptions, offset by marginally better profit margins and a modestly lower future P/E multiple, according to analysts. Analyst Commentary Analysts remain broadly constructive on Maple Leaf Foods, but recent research reflects a more measured view on the company’s valuation and execution risk.
Narrative Update Nov 01

MFI: Operational Efficiency And Sector Trends Will Drive Future Share Performance

Analysts have slightly lowered their average price target for Maple Leaf Foods to approximately C$36.81 from C$37.13. This adjustment reflects recent updates in market assessments and continued sector performance reviews.
Narrative Update Oct 18

High-protein Food Trends And Automation Will Shape Future Success

Analysts have revised their price targets for Maple Leaf Foods, lowering their fair value estimate from approximately C$38.38 to C$37.13. They cite softer revenue growth expectations and a slightly reduced profit margin outlook as the reasons for this adjustment.
Narrative Update Oct 04

High-protein Food Trends And Automation Will Shape Future Success

Analysts have revised their price target for Maple Leaf Foods downward by approximately C$1.26. They cite moderating revenue growth expectations and a reduction in projected profit margins as key factors behind the adjustment.
Analysis Article Sep 18

With EPS Growth And More, Maple Leaf Foods (TSE:MFI) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Sep 10

High-protein Food Trends And Automation Will Shape Future Success

Despite a lower net profit margin, Maple Leaf Foods’ higher future P/E ratio suggests increased investor optimism for earnings growth, prompting a modest upward revision in the consensus analyst price target to CA$39.64. What's in the News The company expects revenue growth in the mid-single-digit range for 2025.
Narrative Update Aug 08

High-protein Food Trends And Automation Will Shape Future Success

Despite slightly lower revenue growth forecasts, Maple Leaf Foods’ fair value estimate has risen—driven by a notable expansion in its expected valuation multiple, with the consensus price target increasing from CA$34.79 to CA$38.36. What's in the News Reported impairment of property and equipment and right-of-use assets totaling CAD 1,291,000 for the three months ended June 30, 2025.
Analysis Article Jul 23

Maple Leaf Foods (TSE:MFI) Is Doing The Right Things To Multiply Its Share Price

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jun 24

We Think Maple Leaf Foods (TSE:MFI) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
User avatar
New Narrative Jun 22

High-protein Food Trends And Automation Will Shape Future Success

Rising global demand for high-protein and sustainable foods, alongside Maple Leaf's innovation and brand strength, supports sustained revenue growth and margin expansion.
Analysis Article Apr 18

Should You Think About Buying Maple Leaf Foods Inc. (TSE:MFI) Now?

While Maple Leaf Foods Inc. ( TSE:MFI ) might not have the largest market cap around , it saw a significant share price...
Analysis Article Feb 25

Maple Leaf Foods (TSE:MFI) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Jan 28

Maple Leaf Foods (TSE:MFI) Hasn't Managed To Accelerate Its Returns

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jan 07

There's Reason For Concern Over Maple Leaf Foods Inc.'s (TSE:MFI) Price

It's not a stretch to say that Maple Leaf Foods Inc.'s ( TSE:MFI ) price-to-sales (or "P/S") ratio of 0.5x right now...
Analysis Article Nov 12

Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Oct 25

Maple Leaf Foods (TSE:MFI) Has Some Way To Go To Become A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...

Shareholder Returns

MFICA FoodCA Market
7D2.4%0.1%-1.2%
1Y12.2%35.7%31.4%

Return vs Industry: MFI underperformed the Canadian Food industry which returned 34.6% over the past year.

Return vs Market: MFI underperformed the Canadian Market which returned 33.9% over the past year.

Price Volatility

Is MFI's price volatile compared to industry and market?
MFI volatility
MFI Average Weekly Movement4.8%
Food Industry Average Movement5.4%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.8%

Stable Share Price: MFI has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: MFI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18369,600Curtis Frankwww.mapleleaffoods.com

Maple Leaf Foods Inc., together with its subsidiaries, operates as a protein-focused consumer packaged goods company in Canada, the United States, Japan, Korea, the Philippines, China, and internationally. It offers fresh and frozen poultry, bacon, hams, wieners, meat snacks, a variety of delicatessen products, specialty sausages, a line of cooked meats, sliced meats, cooked sausage products, lunch kits, and canned meats; processed chicken products comprising fully cooked chicken breasts and wings; and a range of plant-based products, including tempeh and plant-based chicken, sausages, wieners, bacon, grounds, burgers, deli meat, cheeses, and frozen appetizers under the Maple Leaf, Maple Leaf Prime, Schneiders, Mina, Greenfield Natural Meat Co., Fantino & Mondello, Grab’N Snack, Lunch Mate, LightLife, Field Roast, Chao, Swift Premium, Hygrade, Mitchell’s Gourmet, Larsen, and Shopsy’s brands, as well as private label brands. The company was founded in 1836 and is headquartered in Mississauga, Canada.

Maple Leaf Foods Inc. Fundamentals Summary

How do Maple Leaf Foods's earnings and revenue compare to its market cap?
MFI fundamental statistics
Market capCA$3.79b
Earnings (TTM)CA$73.99m
Revenue (TTM)CA$3.97b
51.6x
P/E Ratio
1.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFI income statement (TTM)
RevenueCA$3.97b
Cost of RevenueCA$3.28b
Gross ProfitCA$689.00m
Other ExpensesCA$615.01m
EarningsCA$73.99m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin17.36%
Net Profit Margin1.86%
Debt/Equity Ratio85.1%

How did MFI perform over the long term?

See historical performance and comparison

Dividends

2.7%
Current Dividend Yield
148%
Payout Ratio

Does MFI pay a reliable dividends?

See MFI dividend history and benchmarks
When do you need to buy MFI by to receive an upcoming dividend?
Maple Leaf Foods dividend dates
Ex Dividend DateJun 08 2026
Dividend Pay DateJun 30 2026
Days until Ex dividend1 day
Days until Dividend pay date23 days

Does MFI pay a reliable dividends?

See MFI dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 12:34
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Maple Leaf Foods Inc. is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Donald McLeeBerenberg
Etienne RicardBMO Capital Markets Equity Research
Luke HannanCanaccord Genuity