Maple Leaf Foods (MFI) AI Stock Analysis

• Market Cap: C$3.59B
• Dividend Yield: 3.18%
• Average Volume (3M): 143.57K
• Price to Earnings (P/E): 37.8
• Beta (1Y): 0.32
• Revenue Growth: 3.16%
• EPS Growth: N/A
• Country: CA
• Employees: 13,500
• Sector: Consumer Defensive
• Sector Strength: 53
• Industry: Packaged Foods
• EPS (TTM): 0.43
• Shares Outstanding: 124,080,720
• 10 Day Avg. Volume: 150,008
• 30 Day Avg. Volume: 143,570
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$35.10
• Price Target Upside: 20.66% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 72 Outperform
• Price Target: C$31.00 ▲(6.57% Upside)

Maple Leaf Foods showcases strong earnings call results and strategic initiatives, contributing positively to the score. Financial performance indicates solid cash flow management, though profitability remains a challenge. Technical analysis shows positive momentum, tempered by potential overvaluation. The strategic spin-off of pork operations is expected to create additional value.

Maple Leaf Foods Business Overview & Revenue Model

Company Description

Maple Leaf Foods Inc. (MFI) is a leading Canadian consumer protein company headquartered in Mississauga, Ontario. The company operates in the food processing sector, focusing on the production of high-quality protein products, which include packaged meats, ready-to-cook and ready-to-eat meals. With a commitment to sustainability and nutritional excellence, Maple Leaf Foods offers a wide range of products under various brands such as Maple Leaf, Schneiders, and Mina.

How the Company Makes Money

Maple Leaf Foods generates revenue primarily through the sale of its diverse range of protein products. Its key revenue streams include retail sales to grocery stores, food service sales to restaurants and other institutions, and exports to international markets. The company benefits from strong brand recognition and customer loyalty, which bolsters its market position. Additionally, Maple Leaf Foods has implemented strategic partnerships and acquisitions to expand its product offerings and market reach. Its focus on innovation and sustainability also contributes to its financial performance by aligning with consumer trends towards healthier and environmentally conscious food options.

Maple Leaf Foods Financial Statement Overview

Summary

Maple Leaf Foods maintains a solid financial foundation with stable revenue growth and efficient cash flow management. Profitability margins face challenges, but operational efficiency and cash generation are strong. The balance sheet reflects manageable debt levels, though equity returns could improve.

Income Statement

Maple Leaf Foods demonstrates moderate revenue growth with a TTM revenue of CAD 4.98 billion, marking a slight increase from the previous annual period. Gross profit margin stands at 15.48% for TTM, showing consistent performance, although lower than historical highs. Net profit margin is relatively low at 1.90%, indicating pressure on profitability. Both EBIT and EBITDA margins show stability, with EBITDA margin at 10.91% TTM, suggesting reasonable operating efficiency despite industry challenges.

Balance Sheet

The debt-to-equity ratio is approximately 1.18, reflecting a balanced but leveraged financial structure. Return on equity is modest at 6.02% TTM, indicating limited profitability from equity investments. The equity ratio stands at 35.44%, suggesting a stable capital structure with room for improvement in equity financing. Overall, the balance sheet shows a stable position with manageable debt levels.

Cash Flow

The company shows a strong free cash flow growth rate of 79% from the previous year, indicating effective cash management and operational efficiency. The operating cash flow to net income ratio is robust at 4.10 TTM, highlighting strong cash conversion. The free cash flow to net income ratio is 3.92, suggesting excellent cash generation capabilities relative to net earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.98B	4.90B	4.87B	4.74B	4.52B	4.30B
Gross Profit	771.44M	780.01M	451.37M	424.14M	659.08M	703.05M
EBITDA	543.51M	561.19M	279.62M	-8.99M	373.43M	387.62M
Net Income	94.61M	96.60M	-124.98M	-311.89M	102.82M	113.28M
Balance Sheet
Total Assets	4.44B	4.43B	4.60B	4.44B	4.39B	3.86B
Cash, Cash Equivalents and Short-Term Investments	119.05M	175.91M	203.36M	91.08M	162.03M	100.83M
Total Debt	1.86B	1.88B	2.13B	1.89B	1.43B	986.18M
Total Liabilities	2.86B	2.89B	3.09B	2.78B	2.35B	1.93B
Stockholders Equity	1.57B	1.54B	1.51B	1.66B	2.04B	1.93B
Cash Flow
Free Cash Flow	370.94M	464.92M	-21.30M	-306.42M	-275.56M	-111.09M
Operating Cash Flow	387.48M	464.92M	176.88M	49.32M	304.79M	321.45M
Investing Cash Flow	-71.36M	-82.54M	-188.57M	-377.01M	-623.48M	-417.43M
Financing Cash Flow	-403.46M	-409.84M	123.97M	256.74M	379.90M	99.53M

Maple Leaf Foods Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MFI, the sentiment is Positive. The current price of 29.09 is below the 20-day moving average (MA) of 29.68, above the 50-day MA of 28.55, and above the 200-day MA of 24.15, indicating a neutral trend. The MACD of 0.25 indicates Positive momentum. The RSI at 44.61 is Neutral, neither overbought nor oversold. The STOCH value of 14.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MFI.

Maple Leaf Foods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PBH	72 Outperform	C$3.91B	32.88	6.75%	3.95%	6.29%	24.34%
MFI	72 Outperform	C$3.59B	37.85	6.05%	3.18%	3.16%	―
SAP	70 Outperform	C$12.02B	42.30	-2.51%	2.62%	9.91%	-165.83%
Sector *	68 Neutral	¥216.30B	20.87	8.19%	2.25%	4.81%	0.40%
JWEL	65 Neutral	C$1.43B	26.19	11.64%	2.50%	12.62%	47.37%
HLF	63 Neutral	C$482.44M	6.51	14.49%	4.90%	-4.45%	90.27%

Maple Leaf Foods Corporate Events

Maple Leaf Foods Shareholders Approve Strategic Spin-Off of Pork Operations

Maple Leaf Foods Inc. announced that its shareholders have approved the spin-off of its pork operations to form Canada Packers Inc. This strategic move aims to create two independent companies with distinct business models and growth potentials, enhancing Maple Leaf Foods’ focus on being a purpose-driven, protein-focused, branded consumer packaged goods company. The spin-off, which received overwhelming shareholder support, is expected to be completed in the second half of 2025, pending regulatory approvals. Additionally, all incumbent directors were re-elected to the Board, and other resolutions, including the reappointment of KPMG LLP as auditors, were approved.

The most recent analyst rating on (TSE:MFI) stock is a Buy with a C$31.00 price target. To see the full list of analyst forecasts on Maple Leaf Foods stock, see the TSE:MFI Stock Forecast page.

Maple Leaf Foods Reaffirms Commitment to Board Diversity

Maple Leaf Foods has reaffirmed its commitment to board diversity, maintaining a policy to have at least 30% representation from each gender on its Board of Directors. Although the current representation of women has temporarily decreased to 27%, the company plans to appoint another woman director by its 2026 annual meeting. This move underscores Maple Leaf Foods’ dedication to diversity and inclusion, which is an important aspect of its corporate governance and may influence its industry positioning and stakeholder relations.

The most recent analyst rating on (TSE:MFI) stock is a Buy with a C$31.00 price target. To see the full list of analyst forecasts on Maple Leaf Foods stock, see the TSE:MFI Stock Forecast page.

Maple Leaf Foods Proposes Spin-off to Focus on Protein-Centric Strategy

Maple Leaf Foods has announced its 2025 Notice of Annual and Special Meeting of Shareholders, highlighting a significant proposal for the spin-off of its pork operations into a new independent company, Canada Packers Inc. This strategic move aims to position Maple Leaf Foods as a focused, protein-centric company while establishing Canada Packers as a leader in sustainable pork production. The spin-off is expected to enhance the companies’ abilities to meet global protein demand and create value for stakeholders.

The most recent analyst rating on (TSE:MFI) stock is a Buy with a C$31.00 price target. To see the full list of analyst forecasts on Maple Leaf Foods stock, see the TSE:MFI Stock Forecast page.

Maple Leaf Foods Reports Strong Q1 2025 Results and Advances Strategic Separation

Maple Leaf Foods reported an 8.2% increase in revenue and a 43% rise in Adjusted EBITDA for the first quarter of 2025, reflecting strong performance across its Prepared Foods, Poultry, and Pork units. The company is advancing its strategic plan to separate its Pork operations into a standalone entity, Canada Packers Inc., aiming to enhance its market positioning as a leader in sustainable protein products. The separation is expected to be completed in the second half of 2025, which could create significant value for stakeholders.