Modern Plant Based FoodsMDRNF Operating Margin % is -29.87% as of Feb. 2026. The stock has 4 warning signs investors should review. Among 1,951 Consumer Packaged Goods companies, Modern Plant Based Foods ranks worse than 95.85% on this metric.
Modern Plant Based Foods Inc operating margin is expanding. Margin expansion is usually a good sign.
The historical rank and industry rank for Modern Plant Based Foods's Operating Margin % or its related term are showing as below:
MDRNF'
s Operating Margin % Range Over the Past 10 Years
Min: -1963.41 Med: -205.48 Max: -64.41
Current: -64.41
MDRNF's Operating Margin % is ranked worse than 95.85% of 1951
companies
in the Consumer Packaged Goods industry
Industry Median: 5.26
vs MDRNF: -64.41
Modern Plant Based Foods Inc has never been profitable in the past 3 years. It lost money every year.
Modern Plant Based Foods (OTCPK:MDRNF) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Modern Plant Based Foods Operating Margin % Related Terms
Modern Plant Based Foods Operating Margin % Historical Data
* 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.
For the Packaged Foods subindustry, Modern Plant Based Foods's Operating Margin %, along with its competitors' market caps and Operating 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.
Modern Plant Based Foods Operating Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Modern Plant Based Foods's Operating Margin % falls into.
Modern Plant Based Foods Operating Margin % Calculation
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Modern Plant Based Foods's Operating Margin % for the fiscal year that ended in Aug. 2025 is calculated as
* 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.
Modern Plant Based Foods (MDRNF) has a Operating Margin % of -29.87% as of Feb. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Modern Plant Based Foods and its competitors. According to the industry distribution chart, Modern Plant Based Foods ranks #1870 out of 1951 companies in the Consumer Packaged Goods industry, placing it in the top 95.8%.
Is Modern Plant Based Foods' Operating Margin % too high?
Modern Plant Based Foods' current Operating Margin % is -29.87%. Based on the distribution chart, Modern Plant Based Foods ranks #1870 out of 1951 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Modern Plant Based Foods' Operating Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Plant Based Foods ranks #1870 out of 1951 companies for Operating Margin %. This places Modern Plant Based Foods in the lower half of its industry. The industry median Operating Margin % is 5.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Consumer Packaged Goods company?
The median Operating Margin % among Consumer Packaged Goods companies is 5.26, based on 1,951 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Modern Plant Based Foods and its competitors. For the Consumer Packaged Goods industry, the median Operating Margin % is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Plant Based Foods's current Operating Margin % is -29.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRNF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.08, compared to a current price of $0.05 — trading 34.8% below its estimated fair value. The current Operating Margin % is -29.87%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Modern Plant Based Foods (MDRNF), the current Operating Margin % is -29.87% as of Feb. 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.
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MDRNF has been successfully added to your 