Mainfreight (NZSE:MFT) EV-to-FCF: 19.13 (As of Jul. 14, 2026) — 48% Below Median

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NZSE:MFT Mainfreight Ltd NZSE:MFT
95 GF Score
Price NZ$62.00
GF Value NZ$71.07
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mainfreight EV-to-FCF?

Mainfreight NZSE:MFT +0.16% 95 EV-to-FCF is 19.13 as of Jul. 14, 2026, which is 48% below its 10-year median of 36.48. GuruFocus rates NZSE:MFT with a GF Score™ of 95/100 and a GF Value™ of NZ$71.07 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 673 Transportation companies, Mainfreight ranks worse than 62.85% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mainfreight's Enterprise Value is NZ$7,501 Mil. Mainfreight's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$392 Mil. Therefore, Mainfreight's EV-to-FCF for today is 19.13.

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

NZSE:MFT' s EV-to-FCF Range Over the Past 10 Years
Min: 14.77   Med: 36.48   Max: 100.18
Current: 19.13

During the past 13 years, the highest EV-to-FCF of Mainfreight was 100.18. The lowest was 14.77. And the median was 36.48.

NZSE:MFT's EV-to-FCF is ranked worse than
62.85% of 673 companies
in the Transportation industry
Industry Median: 14.21 vs NZSE:MFT: 19.13

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-14), Mainfreight's stock price is NZ$62.00. 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 24.88.


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

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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)
=62.00/2.492
=24.88

Mainfreight's share price for today is NZ$62.00.
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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Mainfreight EV-to-FCF Related Terms


Mainfreight EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Mainfreight's EV-to-FCF 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-FCF Chart

Mainfreight Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.09 17.79 34.96 22.31 18.07

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-FCF 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 34.96 0.00 22.31 0.00 18.07

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

For the Integrated Freight & Logistics subindustry, Mainfreight's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Transportation Industry

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

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


NZSE:MFT
95GF Score
Mainfreight Ltd NZSE:MFT
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mainfreight EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=7500.666/392.09
=19.13

Mainfreight's current Enterprise Value is NZ$7,501 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mainfreight's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$392 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-FCF →
What does a EV-to-FCF of 19.13 mean?
Mainfreight (NZSE:MFT) has a EV-to-FCF of 19.13 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mainfreight and its competitors. This is 48% below median its historical median of 36.48. Over the past decade, Mainfreight's EV-to-FCF has ranged from 14.77 to 100.18. According to the industry distribution chart, Mainfreight ranks #423 out of 673 companies in the Transportation industry, placing it in the top 62.9%.
Is Mainfreight's EV-to-FCF too high?
Mainfreight's current EV-to-FCF of 19.13 is 48% below median its 10-year median of 36.48. Over the past 10 years, this metric has ranged from a low of 14.77 to a high of 100.18. The Transportation industry median EV-to-FCF is 14.21. Mainfreight's value of 19.13 is 34.6% above this industry median. Based on the distribution chart, Mainfreight ranks #423 out of 673 companies in the Transportation industry, which is below the industry midpoint. Overall, Mainfreight has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainfreight's EV-to-FCF compare to UPS and FDX?
According to the Transportation industry distribution chart, Mainfreight ranks #423 out of 673 companies for EV-to-FCF. This places Mainfreight in the lower half of its industry. The industry median EV-to-FCF is 14.21. Mainfreight's value of 19.13 is 34.6% above this benchmark. Historically, Mainfreight's own EV-to-FCF has ranged from 14.77 to 100.18 over the past decade. While the company's 10-year median is 36.48 vs. the industry median of 14.21, 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-FCF for a Transportation company?
The median EV-to-FCF among Transportation companies is 14.21, based on 673 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mainfreight's current EV-to-FCF of 19.13 is 34.6% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mainfreight and its competitors. For the Transportation industry, the median EV-to-FCF is 14.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainfreight's current EV-to-FCF is 19.13, which is 48% below median its own 10-year median of 36.48. 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 Modestly Undervalued. The stock's GF Value™ is NZ$71.07, compared to a current price of NZ$62.00 — trading 12.8% below its estimated fair value. The current EV-to-FCF is 19.13, which is 48% below median its 10-year median of 36.48 and 34.6% above the Transportation industry median of 14.21. Mainfreight's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Mainfreight (NZSE:MFT), the current EV-to-FCF is 19.13 as of Jul. 14, 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$62.00 is trading 12.8% below its estimated GF Value™ of NZ$71.07. GuruFocus considers Mainfreight to be Modestly Undervalued.

Key valuation signals for NZSE:MFT:

  • EV-to-FCF: 19.13 (48% below median its 10-year median of 36.48)
  • GF Value™: NZ$71.07 vs. price of NZ$62.00 (12.8% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 34.6% above the Transportation median (#423 of 673)

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.
95GF Score

Get the complete analysis for NZSE:MFT

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

NZ$62.00
Price
NZ$71.07
GF Value