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My Food Bag GroupNZSE:MFB +5.08%47 Debt-to-Equity is 0.17 as of Mar. 2026, which is 41% below its 10-year median of 0.29. GuruFocus rates NZSE:MFB with a GF Score™ of 47/100 and a GF Value™ of NZ$0.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,009 Retail - Cyclical companies, My Food Bag Group ranks better than 79.29% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for My Food Bag Group's Debt-to-Equity or its related term are showing as below:
NZSE:MFB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.29 Max: 0.48
Current: 0.17
During the past 6 years, the highest Debt-to-Equity Ratio of My Food Bag Group was 0.48. The lowest was 0.17. And the median was 0.29.
NZSE:MFB's Debt-to-Equity is ranked better than 79.29% of 1009
companies
in the Retail - Cyclical industry
Industry Median: 0.57
vs NZSE:MFB: 0.17
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
My Food Bag Group Debt-to-Equity Related Terms
My Food Bag Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for My Food Bag Group's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NZSE:MFB vs AMZN, BABA, PDD: Debt-to-Equity Comparison
For the Internet Retail subindustry, My Food Bag Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
My Food Bag Group Debt-to-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, My Food Bag Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where My Food Bag Group's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
My Food Bag Group (NZSE:MFB) has a Debt-to-Equity of 0.17 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on My Food Bag Group and its competitors. This is 41% below median its historical median of 0.29. Over the past decade, My Food Bag Group's Debt-to-Equity has ranged from 0.17 to 0.48. According to the industry distribution chart, My Food Bag Group ranks #209 out of 1009 companies in the Retail - Cyclical industry, placing it in the top 20.7%.
Is My Food Bag Group's Debt-to-Equity too high?
My Food Bag Group's current Debt-to-Equity of 0.17 is 41% below median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.48. The Retail - Cyclical industry median Debt-to-Equity is 0.57. My Food Bag Group's value of 0.17 is 70.2% below this industry median. Based on the distribution chart, My Food Bag Group ranks #209 out of 1009 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, My Food Bag Group has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does My Food Bag Group's Debt-to-Equity compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, My Food Bag Group ranks #209 out of 1009 companies for Debt-to-Equity. This places My Food Bag Group in the top 21% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.57. My Food Bag Group's value of 0.17 is 70.2% below this benchmark. Historically, My Food Bag Group's own Debt-to-Equity has ranged from 0.17 to 0.48 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.57, My Food Bag Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.57, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. My Food Bag Group's current Debt-to-Equity of 0.17 is 70.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on My Food Bag Group and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. My Food Bag Group's current Debt-to-Equity is 0.17, which is 41% below median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is My Food Bag Group stock overvalued right now?
Based on GuruFocus' analysis, My Food Bag Group (NZSE:MFB) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$0.21, compared to a current price of NZ$0.31 — trading 47.6% above its estimated fair value. The current Debt-to-Equity is 0.17, which is 41% below median its 10-year median of 0.29 and 70.2% below the Retail - Cyclical industry median of 0.57. My Food Bag Group's overall GF Score™ is 47/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For My Food Bag Group (NZSE:MFB), the current Debt-to-Equity is 0.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is My Food Bag Group (NZSE:MFB) Overvalued in 2026?
Based on GuruFocus' analysis, My Food Bag Group stock appears to be overvalued.
The current stock price of NZ$0.31 is trading 47.6% above its estimated GF Value™ of NZ$0.21.
GuruFocus considers My Food Bag Group to be Significantly Overvalued.
Key valuation signals for NZSE:MFB:
Debt-to-Equity: 0.17 (41% below median its 10-year median of 0.29)
GF Value™: NZ$0.21 vs. price of NZ$0.31 (47.6% above fair value)
Industry Position: 70.2% below the Retail - Cyclical median (#209 of 1009)
No single metric tells the full story. See the NZSE:MFB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
My Food Bag Group Ltd operates in the online food delivery market in New Zealand. It delivers bags full of fresh and locally sourced ingredients along with easy-to-follow recipes direct to families across New Zealand. The company drives revenue principally by the volume of bags delivered to customers and the average order value of bags delivered. The company operates in one geographic area, New Zealand.
47GF Score
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