Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
My Food Bag Group Limited, operating out of New Zealand, specializes in the online delivery of various food solutions. Their offerings encompass convenient, portioned meal kits, a selection of grocery items, and pre-prepared, ready-to-heat dishes. These meal kits are marketed under distinct brands, including My Food Bag, Bargain Box, and Fresh Start. Founded in 2013, the company maintains its headquarters in Auckland, New Zealand. It officially adopted its current name, My Food Bag Group Limited, in January 2021, after previously operating as MFB Group Limited.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced
Target Price
The average target price of MFB.NZ is 0.33 and suggests 18% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr