Maple Leaf Foods (TSX:MFI) Interest Coverage: 5.02 (As of Mar. 2026) — 44% Below Median


TSX:MFI Maple Leaf Foods Inc TSX:MFI
73 GF Score
Price C$30.51
GF Value C$20.53
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Maple Leaf Foods Interest Coverage?

Maple Leaf Foods TSX:MFI -1.87% 73 Interest Coverage is 5.02 as of Mar. 2026, which is 44% below its 10-year median of 9.03. GuruFocus rates TSX:MFI with a GF Score™ of 73/100 and a GF Value™ of C$20.53 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,507 Consumer Packaged Goods companies, Maple Leaf Foods ranks worse than 67.02% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Maple Leaf Foods's Operating Income for the three months ended in Mar. 2026 was C$78 Mil. Maple Leaf Foods's Interest Expense for the three months ended in Mar. 2026 was C$-16 Mil. Maple Leaf Foods's interest coverage for the quarter that ended in Mar. 2026 was 5.02. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Maple Leaf Foods's Interest Coverage or its related term are showing as below:

TSX:MFI' s Interest Coverage Range Over the Past 10 Years
Min: 0.32   Med: 9.03   Max: 62.9
Current: 4.13


TSX:MFI's Interest Coverage is ranked worse than
67.02% of 1507 companies
in the Consumer Packaged Goods industry
Industry Median: 8.6 vs TSX:MFI: 4.13

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Maple Leaf Foods  (TSX:MFI) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Maple Leaf Foods Interest Coverage Related Terms


Maple Leaf Foods Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maple Leaf Foods's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Maple Leaf Foods Interest Coverage Chart

Maple Leaf Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.35 0.00 0.32 1.10 2.98

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
Interest Coverage 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 1.85 4.96 2.68 4.07 5.02

TSX:MFI vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Maple Leaf Foods's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Maple Leaf Foods's Interest Coverage falls into.


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

Maple Leaf Foods Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Maple Leaf Foods's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Maple Leaf Foods's Interest Expense was C$-89 Mil. Its Operating Income was C$265 Mil. And its Long-Term Debt & Capital Lease Obligation was C$1,212 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*265.383/-89.199
=2.98

Maple Leaf Foods's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Maple Leaf Foods's Interest Expense was C$-16 Mil. Its Operating Income was C$78 Mil. And its Long-Term Debt & Capital Lease Obligation was C$1,216 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*78.483/-15.641
=5.02

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 5.02 mean?
Maple Leaf Foods (TSX:MFI) has a Interest Coverage of 5.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maple Leaf Foods and its competitors. This is 44% below median its historical median of 9.03. Over the past decade, Maple Leaf Foods' Interest Coverage has ranged from 0.32 to 62.90. According to the industry distribution chart, Maple Leaf Foods ranks #1010 out of 1507 companies in the Consumer Packaged Goods industry, placing it in the top 67%.
Is Maple Leaf Foods' Interest Coverage too high?
Maple Leaf Foods' current Interest Coverage of 5.02 is 44% below median its 10-year median of 9.03. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 62.90. The Consumer Packaged Goods industry median Interest Coverage is 8.60. Maple Leaf Foods' value of 5.02 is 41.6% below this industry median. Based on the distribution chart, Maple Leaf Foods ranks #1010 out of 1507 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. 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' Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Maple Leaf Foods ranks #1010 out of 1507 companies for Interest Coverage. This places Maple Leaf Foods in the lower half of its industry. The industry median Interest Coverage is 8.60. Maple Leaf Foods' value of 5.02 is 41.6% below this benchmark. Historically, Maple Leaf Foods' own Interest Coverage has ranged from 0.32 to 62.90 over the past decade. While the company's 10-year median is 9.03 vs. the industry median of 8.60, Maple Leaf Foods has consistently been below 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 Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maple Leaf Foods's current Interest Coverage of 5.02 is 41.6% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maple Leaf Foods and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maple Leaf Foods's current Interest Coverage is 5.02, which is 44% below median its own 10-year median of 9.03. 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$20.53, compared to a current price of C$30.51 — trading 48.6% above its estimated fair value. The current Interest Coverage is 5.02, which is 44% below median its 10-year median of 9.03 and 41.6% below the Consumer Packaged Goods industry median of 8.60. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Maple Leaf Foods (TSX:MFI), the current Interest Coverage is 5.02 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$30.51 is trading 48.6% above its estimated GF Value™ of C$20.53. GuruFocus considers Maple Leaf Foods to be Significantly Overvalued.

Key valuation signals for TSX:MFI:

  • Interest Coverage: 5.02 (44% below median its 10-year median of 9.03)
  • GF Value™: C$20.53 vs. price of C$30.51 (48.6% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 41.6% below the Consumer Packaged Goods median (#1010 of 1507)

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

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

C$30.51
Price
C$20.53
GF Value