NFI Group (NFI) Stock Overview
Manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for NFI from our risk checks.
NFI Community Fair Values
Create NarrativeSee what 27 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
NFI Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$21.76 |
| 52 Week High | CA$21.80 |
| 52 Week Low | CA$11.74 |
| Beta | 0.51 |
| 1 Month Change | 13.22% |
| 3 Month Change | 31.56% |
| 1 Year Change | 83.32% |
| 3 Year Change | 139.65% |
| 5 Year Change | -18.44% |
| Change since IPO | 190.13% |
Recent News & Updates
Recent updates
NFI: New Leadership And Guidance Reset Will Support Future Margin Expansion
Analysts have adjusted their price target for NFI Group from $20.84 to $21.94, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News NFI Group’s Board appointed John Sapp as Chief Executive Officer, effective January 1, 2026, following a global search led by the Board’s Human Resources, Compensation and Governance committee (Key Developments).Further Upside For NFI Group Inc. (TSE:NFI) Shares Could Introduce Price Risks After 25% Bounce
Jan 13
NFI: Leadership Transition And Supply Chain Securing Will Support Future Margin Expansion
Analysts have made a small upward adjustment to their price target for NFI Group to approximately $20.84 from about $20.79. This reflects updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E multiples.NFI: Transit Demand Tailwinds Will Drive Margin Expansion And Zero Emission Recovery
Analysts have trimmed their average price target on NFI Group to about C$21 from roughly C$23, reflecting modestly lower growth expectations but still supportive views on improving margins and the company’s long term earnings power. Analyst Commentary Analysts remain broadly constructive on NFI Group despite the modest reset in price targets, with consensus still anchored in the view that the company can execute on its margin expansion and backlog conversion plans.NFI: Transit Demand Tailwinds Will Support Future Recovery In Zero Emission Deliveries
NFI Group's analyst price target has been trimmed slightly to about C$20.40 from C$20.76, as analysts modestly adjust fair value assumptions while maintaining a generally constructive outlook on the company. Analyst Commentary Recent Street research reflects modestly reduced price targets for NFI Group, clustering in the C$20 to C$22 range, while ratings remain skewed toward Outperform.NFI: Recovery in Transit Demand Will Drive Revenue Upside Ahead
The average analyst price target for NFI Group has been revised downward from approximately C$21.54 to C$20.76. This reflects recent adjustments as analysts cite lower profit margin estimates and moderated fair value projections, despite continued revenue growth expectations.NFI: Order Backlog and Transit Market Recovery Will Drive Upside
Analysts have lowered their average price target for NFI Group from approximately C$22.35 to C$21.54. They cited more cautious forecasts for revenue growth and profitability.Record Backlog And Industry Partnerships Will Drive Long-Term Market Expansion
The average analyst price target for NFI Group has been revised slightly lower from approximately $22.42 to $22.35. This change reflects recent analyst adjustments in response to updated company forecasts and market conditions.Record Backlog And Government Funding Will Expand Bus Market
NFI Group's average analyst price target has decreased from C$23 to a range between C$20 and C$22. Analysts cite tempered expectations for revenue growth and profit margins in their latest updates.Record Backlog And Government Funding Will Expand Bus Market
Analysts modestly lowered NFI Group’s price target to CA$22.58, reflecting near-term supply chain challenges despite expectations for earnings inflection in H2 2025 and positive demand and defense trends. Analyst Commentary Bullish analysts see an inflection point in earnings in H2 2025 as seat supplier issues are expected to ease.NFI Group Inc. (TSE:NFI) Screens Well But There Might Be A Catch
Sep 15Here's Why NFI Group (TSE:NFI) Has A Meaningful Debt Burden
Jun 21A Piece Of The Puzzle Missing From NFI Group Inc.'s (TSE:NFI) 28% Share Price Climb
May 10
Record Backlog And Diverse Bus Models Will Drive Production Efficiency
Strong order backlog and propulsion-agnostic strategy position the company for revenue growth and market share capture across changing demand types.Investors Still Aren't Entirely Convinced By NFI Group Inc.'s (TSE:NFI) Revenues Despite 35% Price Jump
Mar 15NFI Group (TSE:NFI) Could Be At Risk Of Shrinking As A Company
Mar 11Sentiment Still Eluding NFI Group Inc. (TSE:NFI)
Jan 28NFI Group Inc.'s (TSE:NFI) Intrinsic Value Is Potentially 77% Above Its Share Price
Dec 07Investors Continue Waiting On Sidelines For NFI Group Inc. (TSE:NFI)
Oct 07Does NFI Group (TSE:NFI) Have A Healthy Balance Sheet?
Jun 18A Piece Of The Puzzle Missing From NFI Group Inc.'s (TSE:NFI) 41% Share Price Climb
May 23Investors Holding Back On NFI Group Inc. (TSE:NFI)
Mar 28Health Check: How Prudently Does NFI Group (TSE:NFI) Use Debt?
Jan 19NFI Group Inc. (TSE:NFI) Screens Well But There Might Be A Catch
Dec 22Is NFI Group (TSE:NFI) Using Debt Sensibly?
Sep 29NFI Group (TSE:NFI) Has Debt But No Earnings; Should You Worry?
Jan 05NFI Group Inc. (TSE:NFI) Shares Could Be 49% Below Their Intrinsic Value Estimate
Nov 12Shareholder Returns
| NFI | CA Machinery | CA Market | |
|---|---|---|---|
| 7D | 2.8% | -2.2% | 0.3% |
| 1Y | 83.3% | 36.4% | 36.6% |
Return vs Industry: NFI exceeded the Canadian Machinery industry which returned 34.6% over the past year.
Return vs Market: NFI exceeded the Canadian Market which returned 33.8% over the past year.
Price Volatility
| NFI volatility | |
|---|---|
| NFI Average Weekly Movement | 5.2% |
| Machinery Industry Average Movement | 7.9% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 4.0% |
Stable Share Price: NFI has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: NFI's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1895 | 9,000 | John Sapp | www.nfigroup.com |
NFI Group Inc., together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment designs, manufactures, services, and supports transit buses, motor coaches, medium-duty, and cutaway buses; the installation of infrastructure for electric vehicles; and the third-party sales of fiberglass reinforced polymer components.
NFI Group Inc. Fundamentals Summary
| NFI fundamental statistics | |
|---|---|
| Market cap | CA$2.54b |
| Earnings (TTM) | -CA$193.05m |
| Revenue (TTM) | CA$4.91b |
Is NFI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NFI income statement (TTM) | |
|---|---|
| Revenue | US$3.61b |
| Cost of Revenue | US$3.34b |
| Gross Profit | US$270.29m |
| Other Expenses | US$412.41m |
| Earnings | -US$142.12m |
Last Reported Earnings
Dec 28, 2025
Next Earnings Date
May 07, 2026
| Earnings per share (EPS) | -1.19 |
| Gross Margin | 7.48% |
| Net Profit Margin | -3.93% |
| Debt/Equity Ratio | 196.3% |
How did NFI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 13:03 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/28 |
| Annual Earnings | 2025/12/28 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
NFI Group Inc. is covered by 10 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Murray | ATB Cormark |
| Sarah Hughes | ATB Cormark Historical (Cormark Securities) |
| John Gibson | BMO Capital Markets Equity Research |