How does MFT's PE Ratio compare to its peers?

MFT is good value based on its Price-To-Earnings Ratio (37.3x) compared to the peer average (39.6x).

How does MFT's PE Ratio compare vs other companies in the Global Logistics Industry?

MFT is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the Global Logistics industry average (17.7x).

What is MFT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MFT is expensive based on its Price-To-Earnings Ratio (37.3x) compared to the estimated Fair Price-To-Earnings Ratio (28.8x).

What is the Fair Price of MFT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MFT (NZ$73.66) is trading below our estimate of [[fair value]] (NZ$85.03)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Mainfreight (NZSE:MFT) - Stock Price, News & Analysis

MFT Stock Overview

Provides supply chain logistics services in New Zealand, Australia, the Americas, Europe, and Asia. More details

MFT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 13.4% below our estimate of its fair value

Earnings are forecast to grow 16.99% per year

Risk Analysis

Profit margins (4%) are lower than last year (6.6%)

Mainfreight Limited Competitors

Freightways Group

NZSE:FRW

NZ$1.9b

Port of Tauranga

NZSE:POT

NZ$4.0b

International Distribution Services

LSE:IDS

UK£3.3b

Nippon Express HoldingsInc

TSE:9147

JP¥635.6b

Price History & Performance

Summary of all time highs, changes and price drops for Mainfreight
Historical stock prices
Current Share Price	NZ$73.66
52 Week High	NZ$77.60
52 Week Low	NZ$64.55
Beta	0.78
11 Month Change	0.92%
3 Month Change	-0.86%
1 Year Change	11.39%
33 Year Change	-20.03%
5 Year Change	76.98%
Change since IPO	8,002.61%

Investors Should Be Encouraged By Mainfreight's (NZSE:MFT) Returns On Capital

Nov 12

Estimating The Fair Value Of Mainfreight Limited (NZSE:MFT)

Oct 25

Recent updates

An Intrinsic Calculation For Mainfreight Limited (NZSE:MFT) Suggests It's 26% Undervalued

Apr 17

If EPS Growth Is Important To You, Mainfreight (NZSE:MFT) Presents An Opportunity

Apr 04

Mainfreight (NZSE:MFT) Seems To Use Debt Rather Sparingly

Mar 09

The Trend Of High Returns At Mainfreight (NZSE:MFT) Has Us Very Interested

Feb 09

Here's Why We Think Mainfreight (NZSE:MFT) Is Well Worth Watching

Nov 23

Returns on Capital Paint A Bright Future For Mainfreight (NZSE:MFT)

Nov 10

An Intrinsic Calculation For Mainfreight Limited (NZSE:MFT) Suggests It's 29% Undervalued

Sep 13

With EPS Growth And More, Mainfreight (NZSE:MFT) Makes An Interesting Case

Aug 19

Returns on Capital Paint A Bright Future For Mainfreight (NZSE:MFT)

Aug 07

Mainfreight (NZSE:MFT) Has A Rock Solid Balance Sheet

Jul 26

Is There An Opportunity With Mainfreight Limited's (NZSE:MFT) 27% Undervaluation?

Jun 13

Should You Be Adding Mainfreight (NZSE:MFT) To Your Watchlist Today?

May 06

Mainfreight (NZSE:MFT) Is Experiencing Growth In Returns On Capital

Mar 16

Do Mainfreight's (NZSE:MFT) Earnings Warrant Your Attention?

Jan 29

Mainfreight's (NZSE:MFT) Returns On Capital Are Heading Higher

Nov 29

Calculating The Fair Value Of Mainfreight Limited (NZSE:MFT)

Sep 10

If You Like EPS Growth Then Check Out Mainfreight (NZSE:MFT) Before It's Too Late

Aug 29

Return Trends At Mainfreight (NZSE:MFT) Aren't Appealing

Aug 17

Analysts Just Made A Significant Upgrade To Their Mainfreight Limited (NZSE:MFT) Forecasts

Aug 01

Shareholders May Not Be So Generous With Mainfreight Limited's (NZSE:MFT) CEO Compensation And Here's Why

Jul 22

Shareholder Returns

	MFT	NZ Logistics	NZ Market
7D	0.8%	0.8%	0.1%
1Y	11.4%	16.2%	9.6%

Return vs Industry: MFT underperformed the NZ Logistics industry which returned 16.2% over the past year.

Return vs Market: MFT exceeded the NZ Market which returned 9.6% over the past year.

Price Volatility

Is MFT's price volatile compared to industry and market?
MFT volatility
MFT Average Weekly Movement	2.5%
Logistics Industry Average Movement	4.4%
Market Average Movement	4.5%
10% most volatile stocks in NZ Market	9.3%
10% least volatile stocks in NZ Market	3.0%

Stable Share Price: MFT has not had significant price volatility in the past 3 months compared to the NZ market.

Volatility Over Time: MFT's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1978	10,644	Don Braid	www.mainfreight.com

Mainfreight Limited provides supply chain logistics services in New Zealand, Australia, the Americas, Europe, and Asia. The company offers warehousing, road and rail transportation, and international air and ocean freight forwarding services, as well as supply chain management services. The company was formerly known as Mainfreight Transport Limited and changed its name to Mainfreight Limited in April 1996.

Mainfreight Limited Fundamentals Summary

How do Mainfreight's earnings and revenue compare to its market cap?
MFT fundamental statistics
Market cap	NZ$7.45b
Earnings (TTM)	NZ$198.68m
Revenue (TTM)	NZ$4.91b

37.3x

P/E Ratio

1.5x

P/S Ratio

Is MFT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFT income statement (TTM)
Revenue	NZ$4.91b
Cost of Revenue	NZ$3.83b
Gross Profit	NZ$1.09b
Other Expenses	NZ$889.73m
Earnings	NZ$198.68m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

May 29, 2025

Earnings per share (EPS)	1.97
Gross Margin	22.15%
Net Profit Margin	4.04%
Debt/Equity Ratio	10.5%

How did MFT perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

87%

Payout Ratio

Does MFT pay a reliable dividends?

See MFT dividend history and benchmarks

When do you need to buy MFT by to receive an upcoming dividend?
Mainfreight dividend dates
Ex Dividend Date	Dec 12 2024
Dividend Pay Date	Dec 20 2024
Days until Ex dividend	20 days
Days until Dividend pay date	28 days

Does MFT pay a reliable dividends?

See MFT dividend history and benchmarks

MFT Stock Overview

Rewards

Risk Analysis

Mainfreight Limited Competitors

NZSE:FRW

NZ$1.9b

NZSE:POT

NZ$4.0b

LSE:IDS

UK£3.3b

TSE:9147

JP¥635.6b

Price History & Performance

Recent News & Updates

First half 2025 earnings released: EPS: NZ$1.14 (vs NZ$1.24 in 1H 2024)

Mainfreight Limited, Annual General Meeting, Jul 30, 2025

First half dividend of NZ$1.00 announced

Mainfreight Limited to Report Fiscal Year 2025 Results on May 29, 2025

Investors Should Be Encouraged By Mainfreight's (NZSE:MFT) Returns On Capital

Estimating The Fair Value Of Mainfreight Limited (NZSE:MFT)

Recent updates

First half 2025 earnings released: EPS: NZ$1.14 (vs NZ$1.24 in 1H 2024)

Mainfreight Limited, Annual General Meeting, Jul 30, 2025

First half dividend of NZ$1.00 announced

Mainfreight Limited to Report Fiscal Year 2025 Results on May 29, 2025

Investors Should Be Encouraged By Mainfreight's (NZSE:MFT) Returns On Capital

Estimating The Fair Value Of Mainfreight Limited (NZSE:MFT)

Now 21% undervalued after recent price drop

Mainfreight Limited Provides Earnings Guidance for the 26 Weeks (Half Year) Ended September 30, 2024

Now 20% undervalued

Mainfreight Limited (NZSE:MFT) Not Lagging Market On Growth Or Pricing

Insufficient new directors

Returns On Capital Are A Standout For Mainfreight (NZSE:MFT)

Is Mainfreight (NZSE:MFT) Using Too Much Debt?

Upcoming dividend of NZ$1.02 per share

Full year 2024 earnings: EPS and revenues miss analyst expectations

Calculating The Fair Value Of Mainfreight Limited (NZSE:MFT)

Mainfreight's (NZSE:MFT) Soft Earnings Are Actually Better Than They Appear

Final dividend of NZ$1.02 announced

Full year 2024 earnings released: EPS: NZ$2.07 (vs NZ$4.24 in FY 2023)

Investor Optimism Abounds Mainfreight Limited (NZSE:MFT) But Growth Is Lacking

Price target increased by 7.0% to NZ$80.26

Here's What To Make Of Mainfreight's (NZSE:MFT) Decelerating Rates Of Return

Is Mainfreight (NZSE:MFT) A Risky Investment?

Upcoming dividend of NZ$1.00 per share at 2.6% yield

Investor sentiment improves as stock rises 16%

First half 2024 earnings released: EPS: NZ$1.24 (vs NZ$2.16 in 1H 2023)

Mainfreight Limited Announces Supplementary Distribution, Payable on 15 December 2023

Mainfreight Limited Announces Retirement of Tim Williams as Chief Financial Officer

Mainfreight Limited Announces Retirement of Tim Williams as Chief Financial Officer

With EPS Growth And More, Mainfreight (NZSE:MFT) Makes An Interesting Case

Mainfreight (NZSE:MFT) Could Become A Multi-Bagger

Group MD & Director recently bought NZ$678k worth of stock

Price target decreased by 13% to NZ$77.10

Consensus EPS estimates fall by 12%

Here's Why We Think Mainfreight (NZSE:MFT) Might Deserve Your Attention Today

Mainfreight Limited Announces Management Changes

Upcoming dividend of NZ$1.02 per share at 2.4% yield

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Mainfreight (NZSE:MFT) Has A Rock Solid Balance Sheet

Mainfreight (NZSE:MFT) Has Announced A Dividend Of NZ$1.02

Mainfreight Limited to Report Fiscal Year 2024 Results on May 29, 2024

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Mainfreight Limited, Annual General Meeting, Jul 27, 2023

An Intrinsic Calculation For Mainfreight Limited (NZSE:MFT) Suggests It's 26% Undervalued

If EPS Growth Is Important To You, Mainfreight (NZSE:MFT) Presents An Opportunity

Mainfreight (NZSE:MFT) Seems To Use Debt Rather Sparingly

Insider recently sold NZ$297k worth of stock

The Trend Of High Returns At Mainfreight (NZSE:MFT) Has Us Very Interested

Founding Owner & Executive Chairman recently bought NZ$1.2m worth of stock

Upcoming dividend of NZ$1.00 per share

Here's Why We Think Mainfreight (NZSE:MFT) Is Well Worth Watching

First half 2023 earnings released: EPS: NZ$2.16 (vs NZ$1.30 in 1H 2022)

Insufficient new directors

First half 2023 earnings released: EPS: NZ$2.16 (vs NZ$1.30 in 1H 2022)

Returns on Capital Paint A Bright Future For Mainfreight (NZSE:MFT)

Insider recently bought NZ$660k worth of stock

Consensus revenue estimates increase by 11%

Investor sentiment improved over the past week

Founding Owner & Executive Chairman recently bought NZ$3.5m worth of stock