Mainfreight (NZSE:MFT) FCF Margin %: 10.38% (As of Mar. 2026) — 92% Above Median


NZSE:MFT Mainfreight Ltd NZSE:MFT
91 GF Score
Price NZ$60.20
GF Value NZ$70.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mainfreight FCF Margin %?

Mainfreight NZSE:MFT +0.97% 91 FCF Margin % is 10.38% as of Mar. 2026, which is 92% above its 10-year median of 5.41. GuruFocus rates NZSE:MFT with a GF Score™ of 91/100 and a GF Value™ of NZ$70.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,006 Transportation companies, Mainfreight ranks better than 61.33% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Mainfreight's Free Cash Flow for the six months ended in Mar. 2026 was NZ$288 Mil. Mainfreight's Revenue for the six months ended in Mar. 2026 was NZ$2,778 Mil. Therefore, Mainfreight's FCF Margin % for the quarter that ended in Mar. 2026 was 10.38%.

As of today, Mainfreight's current FCF Yield % is 6.53%.

The historical rank and industry rank for Mainfreight's FCF Margin % or its related term are showing as below:

NZSE:MFT' s FCF Margin % Range Over the Past 10 Years
Min: 2.71   Med: 5.41   Max: 7.63
Current: 7.28


During the past 13 years, the highest FCF Margin % of Mainfreight was 7.63%. The lowest was 2.71%. And the median was 5.41%.

NZSE:MFT's FCF Margin % is ranked better than
61.33% of 1006 companies
in the Transportation industry
Industry Median: 4.38 vs NZSE:MFT: 7.28


Mainfreight FCF Margin % Related Terms


Mainfreight FCF Margin % Historical Data

* Premium members only.

The historical data trend for Mainfreight's FCF Margin % 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 FCF Margin % Chart

Mainfreight Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 7.63 4.86 6.32 7.28

Mainfreight Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
FCF Margin % 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 7.64 2.22 10.21 3.98 10.38

NZSE:MFT vs FDX, UPS, JBHT: FCF Margin % Comparison

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

For the Transportation industry and Industrials sector, Mainfreight's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Mainfreight's FCF Margin % falls into.


NZSE:MFT
91GF Score
Mainfreight Ltd NZSE:MFT
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mainfreight FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Mainfreight's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=392.09/5383.52
=7.28 %

Mainfreight's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=288.38/2777.817
=10.38 %

* 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 FCF Margin % →
What does a FCF Margin % of 10.38% mean?
Mainfreight (NZSE:MFT) has a FCF Margin % of 10.38% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Mainfreight and its competitors. This is 92% above median its historical median of 5.41. Over the past decade, Mainfreight's FCF Margin % has ranged from 2.71 to 7.63. According to the industry distribution chart, Mainfreight ranks #389 out of 1006 companies in the Transportation industry, placing it in the top 38.7%.
Is Mainfreight's FCF Margin % too high?
Mainfreight's current FCF Margin % of 10.38% is 92% above median its 10-year median of 5.41. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 7.63. The Transportation industry median FCF Margin % is 4.38. Mainfreight's value of 10.38% is 137% above this industry median. Based on the distribution chart, Mainfreight ranks #389 out of 1006 companies in the Transportation industry, which is above the industry midpoint. Overall, Mainfreight has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainfreight's FCF Margin % compare to FDX and UPS?
According to the Transportation industry distribution chart, Mainfreight ranks #389 out of 1006 companies for FCF Margin %. This puts Mainfreight in the upper half of its industry. The industry median FCF Margin % is 4.38. Mainfreight's value of 10.38% is 137% above this benchmark. Historically, Mainfreight's own FCF Margin % has ranged from 2.71 to 7.63 over the past decade. While the company's 10-year median is 5.41 vs. the industry median of 4.38, 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 FCF Margin % for a Transportation company?
The median FCF Margin % among Transportation companies is 4.38, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mainfreight's current FCF Margin % of 10.38% is 137% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Mainfreight and its competitors. For the Transportation industry, the median FCF Margin % is 4.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainfreight's current FCF Margin % is 10.38%, which is 92% above median its own 10-year median of 5.41. 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$70.80, compared to a current price of NZ$60.20 — trading 15% below its estimated fair value. The current FCF Margin % is 10.38%, which is 92% above median its 10-year median of 5.41 and 137% above the Transportation industry median of 4.38. Mainfreight's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Mainfreight (NZSE:MFT), the current FCF Margin % is 10.38% 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 Mainfreight (NZSE:MFT) Overvalued in 2026?

Based on GuruFocus' analysis, Mainfreight stock appears to be undervalued. The current stock price of NZ$60.20 is trading 15% below its estimated GF Value™ of NZ$70.80. GuruFocus considers Mainfreight to be Modestly Undervalued.

Key valuation signals for NZSE:MFT:

  • FCF Margin %: 10.38% (92% above median its 10-year median of 5.41)
  • GF Value™: NZ$70.80 vs. price of NZ$60.20 (15% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 137% above the Transportation median (#389 of 1006)

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.
91GF Score

Get the complete analysis for NZSE:MFT

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

NZ$60.20
Price
NZ$70.80
GF Value