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My Food Bag Group Ltd
NZX:MFB

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My Food Bag Group Ltd
NZX:MFB
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Price: 0.22 NZD 2.33%
Market Cap: NZ$55.3m

Gross Margin

22.6%
Current
No historical data
Comparison unavailable

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
22.6%
=
Gross Profit
NZ$36.7m
/
Revenue
NZ$162.2m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
22.6%
=
Gross Profit
NZ$36.7m
/
Revenue
NZ$162.2m

Peer Comparison

Country Company Market Cap Gross
Margin
NZ
My Food Bag Group Ltd
ASX:MFB
36.4m AUD
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ZA
Shoprite Holdings Ltd
JSE:SHP
150.6B ZAR
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CA
Loblaw Companies Ltd
TSX:L
74.7B CAD
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CA
Alimentation Couche-Tard Inc
TSX:ATD
71.9B CAD
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US
Kroger Co
NYSE:KR
43.6B USD
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UK
Tesco PLC
LSE:TSCO
32.7B GBP
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NL
Koninklijke Ahold Delhaize NV
AEX:AD
36.3B EUR
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AU
Woolworths Group Ltd
ASX:WOW
45.4B AUD
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IN
Avenue Supermarts Ltd
NSE:DMART
2.9T INR
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JP
Seven & i Holdings Co Ltd
TSE:3382
4.8T JPY
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US
Caseys General Stores Inc
NASDAQ:CASY
27.3B USD
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Market Distribution

Lower than 86% of companies in New Zealand
Percentile
14th
Based on 251 companies
14th percentile
22.6%
Low
-127.6% — 37.1%
Typical Range
37.1% — 64.7%
High
64.7% — 107.2%
Distribution Statistics
New Zealand
Min -127.6%
30th Percentile 37.1%
Median 51%
70th Percentile 64.7%
Max 107.2%

My Food Bag Group Ltd
Glance View

Market Cap
55.3m NZD
Industry
Retail

My Food Bag Group Ltd. engages in e-Commerce with direct to consumer service for food and other household needs. The firm offers a range of meal kit bags in New Zealand under the My Food Bag, Bargain Box and Fresh Start brands. Every week its chefs and in-house nutritionist develop new recipes, building on its database of recipes. Customers can choose from the full My Food Bag brand portfolio, which includes a range of 12 bags with options for different numbers of people and nights per week, as well as dietary preferences or requirements. Bags are delivered direct to customers on a Saturday, Sunday or Monday depending on their location and preference. Its My Choice Bag offering provides customers with the flexibility to choose between three, four or five nights for two or four people, and pick their recipes from approximately 10 different options each week.

MFB Intrinsic Value
Not Available
M
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
22.6%
=
Gross Profit
NZ$36.7m
/
Revenue
NZ$162.2m
What is My Food Bag Group Ltd's current Gross Margin?

The current Gross Margin for My Food Bag Group Ltd is 22.6%, which is in line with its 3-year median of 22.7%.

How has Gross Margin changed over time?

Over the last 3 years, My Food Bag Group Ltd’s Gross Margin has decreased from 25.6% to 22.6%. During this period, it reached a low of 21.8% on Sep 30, 2023 and a high of 27.2% on Mar 31, 2022.

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