My Food Bag Group (NZSE:MFB) Earnings Yield (Joel Greenblatt) %: 15.60% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NZSE:MFB My Food Bag Group Ltd NZSE:MFB
49 GF Score
Price NZ$0.31
GF Value NZ$0.21
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is My Food Bag Group Earnings Yield (Joel Greenblatt) %?

My Food Bag Group NZSE:MFB -1.59% 49 Earnings Yield (Joel Greenblatt) % is 15.60% as of Mar. 2026, which is 6% above its 10-year median of 14.70. GuruFocus rates NZSE:MFB with a GF Score™ of 49/100 and a GF Value™ of NZ$0.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,128 Retail - Cyclical companies, My Food Bag Group ranks better than 76.24% on this metric.

My Food Bag Group's Enterprise Value for the quarter that ended in Mar. 2026 was NZ$64.6 Mil. My Food Bag Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$10.1 Mil. My Food Bag Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 15.60%.

The historical rank and industry rank for My Food Bag Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

NZSE:MFB' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.59   Med: 14.7   Max: 50.48
Current: 11.24

During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of My Food Bag Group was 50.48%. The lowest was 2.59%. And the median was 14.70%.

NZSE:MFB's Earnings Yield (Joel Greenblatt) % is ranked better than
76.24% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 5.7 vs NZSE:MFB: 11.24

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. My Food Bag Group's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 18.79%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


My Food Bag Group  (NZSE:MFB) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


My Food Bag Group Earnings Yield (Joel Greenblatt) % Related Terms


My Food Bag Group Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for My Food Bag Group's Earnings Yield (Joel Greenblatt) % 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.

My Food Bag Group Earnings Yield (Joel Greenblatt) % Chart

My Food Bag Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 12.53 15.08 19.76 16.81 15.60

My Food Bag Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.76 0.00 16.81 0.00 15.60

NZSE:MFB vs AMZN, BABA, PDD: Earnings Yield (Joel Greenblatt) % Comparison

For the Internet Retail subindustry, My Food Bag Group's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, My Food Bag Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where My Food Bag Group's Earnings Yield (Joel Greenblatt) % falls into.


NZSE:MFB
49GF Score
My Food Bag Group Ltd NZSE:MFB
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

My Food Bag Group Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

My Food Bag Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=10.088/64.62254
=15.61 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 15.60% mean?
My Food Bag Group (NZSE:MFB) has a Earnings Yield (Joel Greenblatt) % of 15.60% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on My Food Bag Group and its competitors. This is near median its historical median of 14.70. Over the past decade, My Food Bag Group's Earnings Yield (Joel Greenblatt) % has ranged from 2.59 to 50.48. According to the industry distribution chart, My Food Bag Group ranks #268 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 23.8%.
Is My Food Bag Group's Earnings Yield (Joel Greenblatt) % too high?
My Food Bag Group's current Earnings Yield (Joel Greenblatt) % of 15.60% is near median its 10-year median of 14.70. Over the past 10 years, this metric has ranged from a low of 2.59 to a high of 50.48. The Retail - Cyclical industry median Earnings Yield (Joel Greenblatt) % is 5.70. My Food Bag Group's value of 15.60% is 173.7% above this industry median. Based on the distribution chart, My Food Bag Group ranks #268 out of 1128 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 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does My Food Bag Group's Earnings Yield (Joel Greenblatt) % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, My Food Bag Group ranks #268 out of 1128 companies for Earnings Yield (Joel Greenblatt) %. This places My Food Bag Group in the top 24% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.70. My Food Bag Group's value of 15.60% is 173.7% above this benchmark. Historically, My Food Bag Group's own Earnings Yield (Joel Greenblatt) % has ranged from 2.59 to 50.48 over the past decade. While the company's 10-year median is 14.70 vs. the industry median of 5.70, My Food Bag Group has consistently been above 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 Earnings Yield (Joel Greenblatt) % for a Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.70, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. My Food Bag Group's current Earnings Yield (Joel Greenblatt) % of 15.60% is 173.7% above 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on My Food Bag Group and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. My Food Bag Group's current Earnings Yield (Joel Greenblatt) % is 15.60%, which is near median its own 10-year median of 14.70. 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 Earnings Yield (Joel Greenblatt) % is 15.60%, which is near median its 10-year median of 14.70 and 173.7% above the Retail - Cyclical industry median of 5.70. My Food Bag Group's overall GF Score™ is 49/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For My Food Bag Group (NZSE:MFB), the current Earnings Yield (Joel Greenblatt) % is 15.60% 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:

  • Earnings Yield (Joel Greenblatt) %: 15.60% (near median its 10-year median of 14.70)
  • GF Value™: NZ$0.21 vs. price of NZ$0.31 (47.6% above fair value)
  • GF Score™: 49/100 with 9 warning signs
  • Industry Position: 173.7% above the Retail - Cyclical median (#268 of 1128)

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 Business Description

Address 56 Parnell Road, Level 3, Parnell, Auckland, NTL, NZL, 1052
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.
49GF Score

Get the complete analysis for NZSE:MFB

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.31
Price
NZ$0.21
GF Value