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MBRF3 logo

Marfrig Global Foods S.A.BOVESPA:MBRF3 Stock Report

Market Cap R$14.8b
Share Price
R$18.20
My Fair Value
R$24.57
25.9% undervalued intrinsic discount
1Y35.2%
7D-5.7%
Portfolio Value
​
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Marfrig Global Foods S.A.

BOVESPA:MBRF3 Stock Report

Market Cap: R$14.8b

Marfrig Global Foods (MBRF3) Stock Overview

Through its subsidiaries, operates in the food industry in Brazil and internationally. More details

MBRF3 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends3/6

Rewards

Trading at 25.5% below our estimate of its fair value

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Earnings are forecast to decline by an average of 6.5% per year for the next 3 years

Volatile share price over the past 3 months compared to the BR market

Dividend of 15.52% is not well covered by earnings


MBRF3 Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

MBRF3 logo
Marfrig Global Foods

Overvaluation Will Drive Margin Erosion In Beef Industry

Key Takeaways Persistent optimism hinges on robust global beef demand and efficiency gains, supporting higher margins and diversified, resilient revenue streams through export expansion. Positive sentiment centers on merger synergies, focus on value-added products, and improved cash flow fueling elevated shareholder returns and valuation expectations.
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R$24.57
FV
25.9% undervalued intrinsic discount
3.68%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
10users have followed this narrative
Updated narrative
MBRF3 logo
Marfrig Global Foods

Global Consumer Shifts And Debt Pressures Will Diminish Prospects

Key Takeaways Shifting consumer preferences and stricter environmental regulations threaten core beef revenues, margin sustainability, and future international expansion. High financial leverage and exposure to operational disruptions increase vulnerability, while rising input costs and competition erode profitability.
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R$17.4
FV
4.6% overvalued intrinsic discount
3.83%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
about 1 month ago author updated this narrative
MBRF3 logo
Marfrig Global Foods

Rising Global Protein Demand And Automation Will Expand Exports

Key Takeaways Aggressive integration, automation, and premium product focus could reset profitability higher, placing Marfrig ahead of competitors in sustainable margin performance. Rising global demand and new export capabilities, coupled with a potential U.S. listing, position Marfrig for outpaced revenue growth and greater shareholder returns.
View narrative
R$30
FV
39.3% undervalued intrinsic discount
5.52%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
25 days ago author updated this narrative
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Marfrig Global Foods S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Marfrig Global Foods
Historical stock prices
Current Share PriceR$18.20
52 Week HighR$27.66
52 Week LowR$12.60
Beta0.37
1 Month Change-22.72%
3 Month Change-21.35%
1 Year Change35.22%
3 Year Change73.83%
5 Year Change28.17%
Change since IPO-0.60%

Recent News & Updates

Recent updates

Marfrig Global Foods (BVMF:MRFG3) Takes On Some Risk With Its Use Of Debt

Jul 22
Marfrig Global Foods (BVMF:MRFG3) Takes On Some Risk With Its Use Of Debt

Further Upside For Marfrig Global Foods S.A. (BVMF:MRFG3) Shares Could Introduce Price Risks After 27% Bounce

Jun 10
Further Upside For Marfrig Global Foods S.A. (BVMF:MRFG3) Shares Could Introduce Price Risks After 27% Bounce

We Think Marfrig Global Foods' (BVMF:MRFG3) Robust Earnings Are Conservative

May 23
We Think Marfrig Global Foods' (BVMF:MRFG3) Robust Earnings Are Conservative

Marfrig Global Foods (BVMF:MRFG3) Has A Somewhat Strained Balance Sheet

Apr 10
Marfrig Global Foods (BVMF:MRFG3) Has A Somewhat Strained Balance Sheet

Marfrig Global Foods S.A.'s (BVMF:MRFG3) P/S Is Still On The Mark Following 34% Share Price Bounce

Mar 22
Marfrig Global Foods S.A.'s (BVMF:MRFG3) P/S Is Still On The Mark Following 34% Share Price Bounce

Is There Now An Opportunity In Marfrig Global Foods S.A. (BVMF:MRFG3)?

Mar 21
Is There Now An Opportunity In Marfrig Global Foods S.A. (BVMF:MRFG3)?
User avatar

Asset Sale May Fund Expansion, But US Cattle Prices And China Risks Could Impact Earnings

Strategic asset sales and export market expansion are poised to boost earnings and revenue, supported by strong demand from Asia.

Is Marfrig Global Foods S.A. (BVMF:MRFG3) Potentially Undervalued?

Dec 11
Is Marfrig Global Foods S.A. (BVMF:MRFG3) Potentially Undervalued?

Marfrig Global Foods S.A. (BVMF:MRFG3) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Nov 23
Marfrig Global Foods S.A. (BVMF:MRFG3) Surges 26% Yet Its Low P/S Is No Reason For Excitement

We Think That There Are Issues Underlying Marfrig Global Foods' (BVMF:MRFG3) Earnings

Nov 21
We Think That There Are Issues Underlying Marfrig Global Foods' (BVMF:MRFG3) Earnings

These 4 Measures Indicate That Marfrig Global Foods (BVMF:MRFG3) Is Using Debt Extensively

Nov 15
These 4 Measures Indicate That Marfrig Global Foods (BVMF:MRFG3) Is Using Debt Extensively

Marfrig Global Foods (BVMF:MRFG3) Seems To Be Using A Lot Of Debt

Aug 05
Marfrig Global Foods (BVMF:MRFG3) Seems To Be Using A Lot Of Debt

Is Marfrig Global Foods S.A. (BVMF:MRFG3) Potentially Undervalued?

Jun 03
Is Marfrig Global Foods S.A. (BVMF:MRFG3) Potentially Undervalued?

Is Marfrig Global Foods (BVMF:MRFG3) Using Too Much Debt?

Jan 29
Is Marfrig Global Foods (BVMF:MRFG3) Using Too Much Debt?

Is Marfrig Global Foods (BVMF:MRFG3) Using Debt In A Risky Way?

Sep 26
Is Marfrig Global Foods (BVMF:MRFG3) Using Debt In A Risky Way?

Marfrig Global Foods (BVMF:MRFG3) Seems To Be Using A Lot Of Debt

Jun 27
Marfrig Global Foods (BVMF:MRFG3) Seems To Be Using A Lot Of Debt

Marfrig Global Foods (BVMF:MRFG3) Use Of Debt Could Be Considered Risky

Mar 07
Marfrig Global Foods (BVMF:MRFG3) Use Of Debt Could Be Considered Risky

Is Marfrig Global Foods S.A. (BVMF:MRFG3) Potentially Undervalued?

Nov 06
Is Marfrig Global Foods S.A. (BVMF:MRFG3) Potentially Undervalued?

Does Marfrig Global Foods (BVMF:MRFG3) Have A Healthy Balance Sheet?

Oct 19
Does Marfrig Global Foods (BVMF:MRFG3) Have A Healthy Balance Sheet?

If EPS Growth Is Important To You, Marfrig Global Foods (BVMF:MRFG3) Presents An Opportunity

Sep 01
If EPS Growth Is Important To You, Marfrig Global Foods (BVMF:MRFG3) Presents An Opportunity

These 4 Measures Indicate That Marfrig Global Foods (BVMF:MRFG3) Is Using Debt Extensively

Jun 26
These 4 Measures Indicate That Marfrig Global Foods (BVMF:MRFG3) Is Using Debt Extensively

We Think Marfrig Global Foods (BVMF:MRFG3) Is Taking Some Risk With Its Debt

Mar 28
We Think Marfrig Global Foods (BVMF:MRFG3) Is Taking Some Risk With Its Debt

Shareholder Returns

MBRF3BR FoodBR Market
7D-5.7%-3.1%-1.5%
1Y35.2%-3.0%0.2%

Return vs Industry: MBRF3 exceeded the BR Food industry which returned -3% over the past year.

Return vs Market: MBRF3 exceeded the BR Market which returned 0.2% over the past year.

Price Volatility

Is MBRF3's price volatile compared to industry and market?
MBRF3 volatility
MBRF3 Average Weekly Movement8.3%
Food Industry Average Movement4.3%
Market Average Movement4.2%
10% most volatile stocks in BR Market8.4%
10% least volatile stocks in BR Market2.0%

Stable Share Price: MBRF3's share price has been volatile over the past 3 months compared to the BR market.

Volatility Over Time: MBRF3's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of BR stocks.

About the Company

FoundedEmployeesCEOWebsite
1986126,832Rui Mendoncawww.marfrig.com.br

Marfrig Global Foods S.A., through its subsidiaries, operates in the food industry in Brazil and internationally. It operates through Beef – North America; Beef – South America; and Poultry, Pork and Processed Products – BRF segments. The company produces, processes, distributes, and sells animal-based proteins, such as beef, pork, lamb, fish, and poultry; pastas, margarine, pet food, and plant-based proteins; hamburgers; and various ready-to-eat products, including frozen vegetables, lamb, fish, and sauces.

Marfrig Global Foods S.A. Fundamentals Summary

How do Marfrig Global Foods's earnings and revenue compare to its market cap?
MBRF3 fundamental statistics
Market capR$14.77b
Earnings (TTM)R$1.59b
Revenue (TTM)R$159.31b
9.3x
P/E Ratio
0.1x
P/S Ratio

Is MBRF3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MBRF3 income statement (TTM)
RevenueR$159.31b
Cost of RevenueR$138.92b
Gross ProfitR$20.38b
Other ExpensesR$18.80b
EarningsR$1.59b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 13, 2025

Earnings per share (EPS)1.95
Gross Margin12.80%
Net Profit Margin1.00%
Debt/Equity Ratio305.2%

How did MBRF3 perform over the long term?

See historical performance and comparison

Dividends

15.5%
Current Dividend Yield
553%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/05 19:45
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

Marfrig Global Foods S.A. is covered by 33 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
Benjamin TheurerBarclays
Gabriel Vaz de LimaBarclays
Benjamin TheurerBarclays