Maple Leaf Foods (TSX:MFI) E10: C$0.83 (As of Mar. 2026)


TSX:MFI Maple Leaf Foods Inc TSX:MFI
73 GF Score
Price C$31.26
GF Value C$20.54
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Maple Leaf Foods E10?

Maple Leaf Foods TSX:MFI +0.55% 73 E10 is C$0.83 as of Mar. 2026. GuruFocus rates TSX:MFI with a GF Score™ of 73/100 and a GF Value™ of C$20.54 (Significantly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Maple Leaf Foods's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Maple Leaf Foods's average E10 Growth Rate was 72.90% per year. During the past 3 years, the average E10 Growth Rate was -17.50% per year. During the past 5 years, the average E10 Growth Rate was -20.20% per year. During the past 10 years, the average E10 Growth Rate was -6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Maple Leaf Foods was 32.20% per year. The lowest was -36.90% per year. And the median was 3.70% per year.

As of today (2026-06-29), Maple Leaf Foods's current stock price is C$31.26. Maple Leaf Foods's E10 for the quarter that ended in Mar. 2026 was C$0.83. Maple Leaf Foods's Shiller PE Ratio of today is 37.66.

During the past 13 years, the highest Shiller PE Ratio of Maple Leaf Foods was 72.19. The lowest was 10.61. And the median was 18.13.


Maple Leaf Foods  (TSX:MFI) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Maple Leaf Foods's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=31.26/0.83
=37.66

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Maple Leaf Foods was 72.19. The lowest was 10.61. And the median was 18.13.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Maple Leaf Foods E10 Related Terms


Maple Leaf Foods E10 Historical Data

* Premium members only.

The historical data trend for Maple Leaf Foods's E10 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.

Maple Leaf Foods E10 Chart

Maple Leaf Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 1.48 0.97 0.43 0.83

Maple Leaf Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.53 0.55 0.83 0.83

TSX:MFI vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Maple Leaf Foods's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Maple Leaf Foods Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Maple Leaf Foods's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Maple Leaf Foods's Shiller PE Ratio falls into.


TSX:MFI
73GF Score
Maple Leaf Foods Inc TSX:MFI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maple Leaf Foods E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Maple Leaf Foods's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.36/132.2623*132.2623
=0.360

Current CPI (Mar. 2026) = 132.2623.

Maple Leaf Foods Quarterly Data

per share eps CPI Adj_EPS
201606 0.230 102.002 0.298
201609 0.230 101.765 0.299
201612 0.560 101.449 0.730
201703 0.220 102.634 0.284
201706 0.280 103.029 0.359
201709 0.290 103.345 0.371
201712 0.450 103.345 0.576
201803 0.220 105.004 0.277
201806 0.270 105.557 0.338
201809 0.210 105.636 0.263
201812 0.090 105.399 0.113
201903 0.400 106.979 0.495
201906 -0.050 107.690 -0.061
201909 0.110 107.611 0.135
201912 0.140 107.769 0.172
202003 -0.030 107.927 -0.037
202006 0.210 108.401 0.256
202009 0.530 108.164 0.648
202012 0.200 108.559 0.244
202103 0.380 110.298 0.456
202106 0.070 111.720 0.083
202109 0.350 112.905 0.410
202112 0.010 113.774 0.012
202203 0.110 117.646 0.124
202206 -0.440 120.806 -0.482
202209 -1.860 120.648 -2.039
202212 -0.340 120.964 -0.372
202303 -0.480 122.702 -0.517
202306 -0.440 124.203 -0.469
202309 -0.040 125.230 -0.042
202312 -0.080 125.072 -0.085
202403 0.420 126.258 0.440
202406 -0.210 127.522 -0.218
202409 0.140 127.285 0.145
202412 0.430 127.364 0.447
202503 0.400 129.181 0.410
202506 0.460 129.892 0.468
202509 0.340 130.287 0.345
202512 3.060 130.366 3.105
202603 0.360 132.262 0.360

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of C$0.83 mean?
Maple Leaf Foods (TSX:MFI) has a E10 of C$0.83 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Maple Leaf Foods and its competitors.
Is Maple Leaf Foods' E10 too high?
Maple Leaf Foods' current E10 is C$0.83. Overall, Maple Leaf Foods has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maple Leaf Foods' E10 compare to KHC and GIS?
Maple Leaf Foods' E10 of C$0.83 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Maple Leaf Foods and its competitors. Maple Leaf Foods's current E10 is C$0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maple Leaf Foods stock overvalued right now?
Based on GuruFocus' analysis, Maple Leaf Foods (TSX:MFI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$20.54, compared to a current price of C$31.26 — trading 52.2% above its estimated fair value. The current E10 is C$0.83. Maple Leaf Foods' overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Maple Leaf Foods (TSX:MFI), the current E10 is C$0.83 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 Maple Leaf Foods (TSX:MFI) Overvalued in 2026?

Based on GuruFocus' analysis, Maple Leaf Foods stock appears to be overvalued. The current stock price of C$31.26 is trading 52.2% above its estimated GF Value™ of C$20.54. GuruFocus considers Maple Leaf Foods to be Significantly Overvalued.

Key valuation signals for TSX:MFI:

  • E10: C$0.83
  • GF Value™: C$20.54 vs. price of C$31.26 (52.2% above fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the TSX:MFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maple Leaf Foods Business Description

Other Exchanges MLFNF:USA0V5G:UKM1L:Germany
Address 6897 Financial Drive, Mississauga, ON, CAN, L5N 0A8
Maple Leaf Foods Inc is a protein-focused consumer packaged goods company that responsibly produces food products under brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, value-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, and Others.
73GF Score

Get the complete analysis for TSX:MFI

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$31.26
Price
C$20.54
GF Value