Mainfreight (NZSE:MFT) EV-to-EBITDA: 11.44 (As of Aug. 20, 2026) — 11% Below Median

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NZSE:MFT Mainfreight Ltd NZSE:MFT
98 GF Score
Price NZ$68.00
GF Value NZ$72.03
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Mainfreight EV-to-EBITDA?

Mainfreight NZSE:MFT -0.04% 98 EV-to-EBITDA is 11.44 as of Aug. 20, 2026, which is 11% below its 10-year median of 12.91. GuruFocus rates NZSE:MFT with a GF Score™ of 98/100 and a GF Value™ of NZ$72.03 (Fairly Valued). The stock has 9 warning signs investors should review. Among 901 Transportation companies, Mainfreight ranks worse than 65.37% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mainfreight's enterprise value is NZ$8,118 Mil. Mainfreight's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$710 Mil. Therefore, Mainfreight's EV-to-EBITDA for today is 11.44.

The historical rank and industry rank for Mainfreight's EV-to-EBITDA or its related term are showing as below:

NZSE:MFT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.68   Med: 12.91   Max: 22.96
Current: 11.44

During the past 13 years, the highest EV-to-EBITDA of Mainfreight was 22.96. The lowest was 7.68. And the median was 12.91.

NZSE:MFT's EV-to-EBITDA is ranked worse than
65.37% of 901 companies
in the Transportation industry
Industry Median: 8.61 vs NZSE:MFT: 11.44

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-20), Mainfreight's stock price is NZ$68.00. Mainfreight's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$2.492. Therefore, Mainfreight's PE Ratio (TTM) for today is 27.29.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Mainfreight  (NZSE:MFT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Mainfreight's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=68.00/2.492
=27.29

Mainfreight's share price for today is NZ$68.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mainfreight's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$2.492.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Mainfreight EV-to-EBITDA Related Terms


Mainfreight EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mainfreight's EV-to-EBITDA 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.

Mainfreight EV-to-EBITDA Chart

Mainfreight Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.01 9.25 11.54 10.23 9.99

Mainfreight Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBITDA 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 11.54 0.00 10.23 0.00 9.99

NZSE:MFT vs UPS, FDX, JBHT: EV-to-EBITDA Comparison

For the Integrated Freight & Logistics subindustry, Mainfreight's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Mainfreight EV-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Mainfreight's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mainfreight's EV-to-EBITDA falls into.


NZSE:MFT
98GF Score
Mainfreight Ltd NZSE:MFT
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mainfreight EV-to-EBITDA Calculation

Mainfreight's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8117.948/709.639
=11.44

Mainfreight's current Enterprise Value is NZ$8,118 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mainfreight's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$710 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 11.44 mean?
Mainfreight (NZSE:MFT) has a EV-to-EBITDA of 11.44 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mainfreight. This is 11% below median its historical median of 12.91. Over the past decade, Mainfreight's EV-to-EBITDA has ranged from 7.68 to 22.96. According to the industry distribution chart, Mainfreight ranks #589 out of 901 companies in the Transportation industry, placing it in the top 65.4%.
Is Mainfreight's EV-to-EBITDA too high?
Mainfreight's current EV-to-EBITDA of 11.44 is 11% below median its 10-year median of 12.91. Over the past 10 years, this metric has ranged from a low of 7.68 to a high of 22.96. The Transportation industry median EV-to-EBITDA is 8.61. Mainfreight's value of 11.44 is 32.9% above this industry median. Based on the distribution chart, Mainfreight ranks #589 out of 901 companies in the Transportation industry, which is below the industry midpoint. Overall, Mainfreight has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mainfreight's EV-to-EBITDA compare to UPS and FDX?
According to the Transportation industry distribution chart, Mainfreight ranks #589 out of 901 companies for EV-to-EBITDA. This places Mainfreight in the lower half of its industry. The industry median EV-to-EBITDA is 8.61. Mainfreight's value of 11.44 is 32.9% above this benchmark. Historically, Mainfreight's own EV-to-EBITDA has ranged from 7.68 to 22.96 over the past decade. While the company's 10-year median is 12.91 vs. the industry median of 8.61, Mainfreight 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 EV-to-EBITDA for a Transportation company?
The median EV-to-EBITDA among Transportation companies is 8.61, based on 901 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mainfreight's current EV-to-EBITDA of 11.44 is 32.9% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mainfreight. For the Transportation industry, the median EV-to-EBITDA is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainfreight's current EV-to-EBITDA is 11.44, which is 11% below median its own 10-year median of 12.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainfreight stock overvalued right now?
Based on GuruFocus' analysis, Mainfreight (NZSE:MFT) is currently considered Fairly Valued. The stock's GF Value™ is NZ$72.03, compared to a current price of NZ$68.00 — trading 5.6% below its estimated fair value. The current EV-to-EBITDA is 11.44, which is 11% below median its 10-year median of 12.91 and 32.9% above the Transportation industry median of 8.61. Mainfreight's overall GF Score™ is 98/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Mainfreight (NZSE:MFT), the current EV-to-EBITDA is 11.44 as of Aug. 20, 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 Mainfreight (NZSE:MFT) Overvalued in 2026?

Based on GuruFocus' analysis, Mainfreight stock appears to be undervalued. The current stock price of NZ$68.00 is trading 5.6% below its estimated GF Value™ of NZ$72.03. GuruFocus considers Mainfreight to be Fairly Valued.

Key valuation signals for NZSE:MFT:

  • EV-to-EBITDA: 11.44 (11% below median its 10-year median of 12.91)
  • GF Value™: NZ$72.03 vs. price of NZ$68.00 (5.6% below fair value)
  • GF Score™: 98/100 with 9 warning signs
  • Industry Position: 32.9% above the Transportation median (#589 of 901)

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


Mainfreight Business Description

Other Exchanges MFGHF:USA
Address 2 Railway Lane, Otahuhu, Auckland, NTL, NZL, 1062
Mainfreight Ltd is in the supply chain logistics business. It provides the full spectrum of warehousing, Transport, and international air and ocean freight services. Geographically, it operates businesses in New Zealand, Australia, Europe, The Americas, Asia, and others.
98GF Score

Get the complete analysis for NZSE:MFT

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

NZ$68.00
Price
NZ$72.03
GF Value