Mainfreight (NZSE:MFT) OCF Margin %: 13.67% (As of Mar. 2026) — 34% 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 OCF Margin %?

Mainfreight NZSE:MFT +0.97% 91 OCF Margin % is 13.67% as of Mar. 2026, which is 34% above its 10-year median of 10.17. 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 worse than 55.37% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Mainfreight's Cash Flow from Operations for the six months ended in Mar. 2026 was NZ$380 Mil. Mainfreight's Revenue for the six months ended in Mar. 2026 was NZ$2,778 Mil. Therefore, Mainfreight's OCF Margin % for the quarter that ended in Mar. 2026 was 13.67%.

As of today, Mainfreight's current OCF Yield % is 9.57%.

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

NZSE:MFT' s OCF Margin % Range Over the Past 10 Years
Min: 5.36   Med: 10.17   Max: 13.34
Current: 10.95


During the past 13 years, the highest OCF Margin % of Mainfreight was 13.34%. The lowest was 5.36%. And the median was 10.17%.

NZSE:MFT's OCF Margin % is ranked worse than
55.37% of 1006 companies
in the Transportation industry
Industry Median: 12.945 vs NZSE:MFT: 10.95


Mainfreight OCF Margin % Related Terms


Mainfreight OCF Margin % Historical Data

* Premium members only.

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

Mainfreight Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.65 13.34 10.70 11.16 10.95

Mainfreight Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF 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 13.46 7.51 14.63 8.04 13.67

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

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

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

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


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

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=589.418/5383.52
=10.95 %

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

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=379.83/2777.817
=13.67 %

* 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 OCF Margin % →
What does a OCF Margin % of 13.67% mean?
Mainfreight (NZSE:MFT) has a OCF Margin % of 13.67% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Mainfreight and its competitors. This is 34% above median its historical median of 10.17. Over the past decade, Mainfreight's OCF Margin % has ranged from 5.36 to 13.34. According to the industry distribution chart, Mainfreight ranks #557 out of 1006 companies in the Transportation industry, placing it in the top 55.4%.
Is Mainfreight's OCF Margin % too high?
Mainfreight's current OCF Margin % of 13.67% is 34% above median its 10-year median of 10.17. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 13.34. The Transportation industry median OCF Margin % is 12.95. Mainfreight's value of 13.67% is 5.6% above this industry median. Based on the distribution chart, Mainfreight ranks #557 out of 1006 companies in the Transportation industry, which is below 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 OCF Margin % compare to FDX and UPS?
According to the Transportation industry distribution chart, Mainfreight ranks #557 out of 1006 companies for OCF Margin %. This places Mainfreight in the lower half of its industry. The industry median OCF Margin % is 12.95. Mainfreight's value of 13.67% is 5.6% above this benchmark. Historically, Mainfreight's own OCF Margin % has ranged from 5.36 to 13.34 over the past decade. While the company's 10-year median is 10.17 vs. the industry median of 12.95, 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 OCF Margin % for a Transportation company?
The median OCF Margin % among Transportation companies is 12.95, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mainfreight's current OCF Margin % of 13.67% is 5.6% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Mainfreight and its competitors. For the Transportation industry, the median OCF Margin % is 12.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainfreight's current OCF Margin % is 13.67%, which is 34% above median its own 10-year median of 10.17. 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 OCF Margin % is 13.67%, which is 34% above median its 10-year median of 10.17 and 5.6% above the Transportation industry median of 12.95. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Mainfreight (NZSE:MFT), the current OCF Margin % is 13.67% 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:

  • OCF Margin %: 13.67% (34% above median its 10-year median of 10.17)
  • 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: 5.6% above the Transportation median (#557 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

OCF 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