TSX:MFIFood
Maple Leaf Foods (TSX:MFI) Surges 1,415% Earnings—Profit Jump Challenges Bearish Growth Narratives
Maple Leaf Foods (TSX:MFI) delivered a remarkable 1,415.3% earnings growth over the past year, a dramatic turnaround from its five-year average annual decline of 13.2%. Net profit margin also improved sharply to 3.5%, up from just 0.2% a year ago, even as forecasted annual revenue growth of 3% lags behind the broader Canadian market’s 5.1% pace. With shares trading below both analyst-derived fair value estimates and average peer valuations, but carrying a P/E ratio of 17.4x, the results...