Mainfreight Ltd
OTC:MFGHF

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Mainfreight Ltd
OTC:MFGHF
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Price: 40.99 USD Market Closed
Market Cap: $4.1B

P/B

3
Current
22%
Cheaper
vs 3-y average of 3.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3
=
Market Cap
$6.5B
/
Total Equity
NZ$2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3
=
Market Cap
$6.5B
/
Total Equity
NZ$2B

Valuation Scenarios

Mainfreight Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (3.8), the stock would be worth $52.37 (28% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-40%
Maximum Upside
+36%
Average Upside
11%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3 $40.99
0%
3-Year Average 3.8 $52.37
+28%
5-Year Average 4 $55.83
+36%
Industry Average 3.6 $49.44
+21%
Country Average 1.8 $24.47
-40%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in New Zealand
Percentile
57th
Based on 235 companies
57th percentile
2
Low
0.3 — 1
Typical Range
1 — 3.4
High
3.4 —
Distribution Statistics
New Zealand
Min 0.3
30th Percentile 1
Median 1.8
70th Percentile 3.4
Max 11.6

Mainfreight Ltd
Glance View

Mainfreight Ltd., a global logistics powerhouse, began its journey in 1978 in New Zealand's city of Auckland. What started as a domestic freight forwarder has evolved into an international player with operations spanning Asia, Europe, and the Americas. Their remarkable expansion is rooted in the simple yet profound philosophy of treating customers as business partners, focusing on personalized customer service and efficient supply chain management. The company's distinctive culture, characterized by a flat organizational structure, thrives on quick decision-making and a strong team-centric ethos. Mainfreight's business operations encompass three core segments: domestic transport, air and ocean freight, and warehousing, each designed to streamline the supply chain and offer integrated services tailored to customer needs. The company's income streams are diverse, yet interconnected. Their road transport services focus on local distribution within countries, while air and ocean freight operations capitalize on the global movement of goods, enabling businesses to reach international markets efficiently. Mainfreight's warehousing solutions offer value-added services such as inventory management, order fulfillment, and just-in-time distribution, which enhance supply chain visibility and control. These services are designed to reduce clients' operational burdens and improve their logistics efficiency. Over the years, Mainfreight's ability to innovate and adapt its service offerings has fortified its position in a competitive industry, allowing it to consistently grow its revenues and establish long-term customer relationships.

MFGHF Intrinsic Value
39.71 USD
Overvaluation 3%
Intrinsic Value
Price $40.99
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