My Food Bag Group Past Earnings Performance
Past criteria checks 2/6
My Food Bag Group has been growing earnings at an average annual rate of 6.1%, while the Consumer Retailing industry saw earnings growing at 18% annually. Revenues have been declining at an average rate of 2.8% per year. My Food Bag Group's return on equity is 7.4%, and it has net margins of 2.7%.
Key information
6.1%
Earnings growth rate
0.4%
EPS growth rate
| Consumer Retailing Industry Growth | 12.4% |
| Revenue growth rate | -2.8% |
| Return on equity | 7.4% |
| Net Margin | 2.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Some Investors May Be Worried About My Food Bag Group's (NZSE:MFB) Returns On Capital
Feb 15
Investors Still Aren't Entirely Convinced By My Food Bag Group Limited's (NZSE:MFB) Earnings Despite 27% Price Jump
Dec 31Investors Will Want My Food Bag Group's (NZSE:MFB) Growth In ROCE To Persist
Oct 30The Return Trends At My Food Bag Group (NZSE:MFB) Look Promising
Jul 05My Food Bag Group Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 23We Like My Food Bag Group's (NZSE:MFB) Returns And Here's How They're Trending
Apr 11My Food Bag Group's (NZSE:MFB) Conservative Accounting Might Explain Soft Earnings
Nov 27Revenue & Expenses BreakdownBeta
How My Food Bag Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 165 | 4 | 28 | 0 |
| 30 Jun 23 | 170 | 6 | 28 | 0 |
| 31 Mar 23 | 176 | 8 | 29 | 0 |
| 31 Dec 22 | 183 | 12 | 28 | 0 |
| 30 Sep 22 | 190 | 16 | 27 | 0 |
| 30 Jun 22 | 192 | 18 | 25 | 0 |
| 31 Mar 22 | 194 | 20 | 24 | 0 |
| 31 Dec 21 | 189 | 12 | 23 | 0 |
| 30 Sep 21 | 184 | 4 | 23 | 0 |
| 30 Jun 21 | 187 | 3 | 23 | 0 |
| 31 Mar 21 | 191 | 2 | 24 | 0 |
| 31 Dec 20 | 186 | 8 | 23 | 0 |
| 30 Sep 20 | 181 | 13 | 21 | 0 |
| 30 Jun 20 | 167 | 10 | 21 | 0 |
| 31 Mar 20 | 153 | 8 | 20 | 0 |
| 31 Mar 19 | 156 | 7 | 23 | 0 |
| 31 Mar 18 | 149 | 5 | 22 | 0 |
Quality Earnings: MFB has high quality earnings.
Growing Profit Margin: MFB's current net profit margins (2.7%) are lower than last year (8.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MFB's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: MFB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MFB had negative earnings growth (-72.8%) over the past year, making it difficult to compare to the Consumer Retailing industry average (-15.7%).
Return on Equity
High ROE: MFB's Return on Equity (7.4%) is considered low.