My Food Bag Group (NZSE:MFB) Operating Margin %: 3.09% (As of Mar. 2026) — Near Median


NZSE:MFB My Food Bag Group Ltd NZSE:MFB
52 GF Score
Price NZ$0.29
GF Value NZ$0.21
Valuation Significantly Overvalued
! 9 Warning Signs
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What is My Food Bag Group Operating Margin %?

My Food Bag Group NZSE:MFB 52 Operating Margin % is 3.09% as of Mar. 2026, which is 2% above its 10-year median of 3.04. GuruFocus rates NZSE:MFB with a GF Score™ of 52/100 and a GF Value™ of NZ$0.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,128 Retail - Cyclical companies, My Food Bag Group ranks worse than 62.06% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. My Food Bag Group's Operating Income for the six months ended in Mar. 2026 was NZ$2.6 Mil. My Food Bag Group's Revenue for the six months ended in Mar. 2026 was NZ$84.9 Mil. Therefore, My Food Bag Group's Operating Margin % for the quarter that ended in Mar. 2026 was 3.09%.

Warning Sign:

My Food Bag Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -17.7%.

The historical rank and industry rank for My Food Bag Group's Operating Margin % or its related term are showing as below:

NZSE:MFB' s Operating Margin % Range Over the Past 10 Years
Min: 2.12   Med: 3.04   Max: 12.18
Current: 2.12


NZSE:MFB's Operating Margin % is ranked worse than
62.06% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.905 vs NZSE:MFB: 2.12

My Food Bag Group's 5-Year Average Operating Margin % Growth Rate was -17.70% per year.

My Food Bag Group's Operating Income for the six months ended in Mar. 2026 was NZ$2.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NZ$3.6 Mil.


My Food Bag Group  (NZSE:MFB) 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 Nokia’s 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.


My Food Bag Group Operating Margin % Related Terms


My Food Bag Group Operating Margin % Historical Data

* Premium members only.

The historical data trend for My Food Bag Group's Operating 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.

My Food Bag Group Operating Margin % Chart

My Food Bag Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 12.18 3.82 3.00 2.53 2.12

My Food Bag Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.18 2.53 2.53 1.14 3.09

NZSE:MFB vs AMZN, BABA, PDD: Operating Margin % Comparison

For the Internet Retail subindustry, My Food Bag Group'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.


My Food Bag Group Operating Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, My Food Bag Group's Operating Margin % distribution charts can be found below:

* The bar in red indicates where My Food Bag Group's Operating Margin % falls into.


NZSE:MFB
52GF Score
My Food Bag Group Ltd NZSE:MFB
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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My Food Bag Group 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.

My Food Bag Group's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=3.602 / 170.235
=2.12 %

My Food Bag Group's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2.625 / 84.854
=3.09 %

* 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 Operating Margin % →
What does a Operating Margin % of 3.09% mean?
My Food Bag Group (NZSE:MFB) has a Operating Margin % of 3.09% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on My Food Bag Group and its competitors. This is near median its historical median of 3.04. Over the past decade, My Food Bag Group's Operating Margin % has ranged from 2.12 to 12.18. According to the industry distribution chart, My Food Bag Group ranks #700 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 62.1%.
Is My Food Bag Group's Operating Margin % too high?
My Food Bag Group's current Operating Margin % of 3.09% is near median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 12.18. The Retail - Cyclical industry median Operating Margin % is 3.91. My Food Bag Group's value of 3.09% is 20.9% below this industry median. Based on the distribution chart, My Food Bag Group ranks #700 out of 1128 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, My Food Bag Group has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does My Food Bag Group's Operating Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, My Food Bag Group ranks #700 out of 1128 companies for Operating Margin %. This places My Food Bag Group in the lower half of its industry. The industry median Operating Margin % is 3.91. My Food Bag Group's value of 3.09% is 20.9% below this benchmark. Historically, My Food Bag Group's own Operating Margin % has ranged from 2.12 to 12.18 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 3.91, My Food Bag Group 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 Operating Margin % for a Retail - Cyclical company?
The median Operating Margin % among Retail - Cyclical companies is 3.91, based on 1,128 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. My Food Bag Group's current Operating Margin % of 3.09% is 20.9% 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 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 My Food Bag Group and its competitors. For the Retail - Cyclical industry, the median Operating Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. My Food Bag Group's current Operating Margin % is 3.09%, which is near median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is My Food Bag Group stock overvalued right now?
Based on GuruFocus' analysis, My Food Bag Group (NZSE:MFB) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$0.21, compared to a current price of NZ$0.29 — trading 38.1% above its estimated fair value. The current Operating Margin % is 3.09%, which is near median its 10-year median of 3.04 and 20.9% below the Retail - Cyclical industry median of 3.91. My Food Bag Group's overall GF Score™ is 52/100 with 9 warning signs to review. 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 My Food Bag Group (NZSE:MFB), the current Operating Margin % is 3.09% 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 My Food Bag Group (NZSE:MFB) Overvalued in 2026?

Based on GuruFocus' analysis, My Food Bag Group stock appears to be overvalued. The current stock price of NZ$0.29 is trading 38.1% above its estimated GF Value™ of NZ$0.21. GuruFocus considers My Food Bag Group to be Significantly Overvalued.

Key valuation signals for NZSE:MFB:

  • Operating Margin %: 3.09% (near median its 10-year median of 3.04)
  • GF Value™: NZ$0.21 vs. price of NZ$0.29 (38.1% above fair value)
  • GF Score™: 52/100 with 9 warning signs
  • Industry Position: 20.9% below the Retail - Cyclical median (#700 of 1128)

No single metric tells the full story. See the NZSE:MFB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


My Food Bag Group Business Description

Address 56 Parnell Road, Level 3, Parnell, Auckland, NTL, NZL, 1052
My Food Bag Group Ltd operates in the online food delivery market in New Zealand. It delivers bags full of fresh and locally sourced ingredients along with easy-to-follow recipes direct to families across New Zealand. The company drives revenue principally by the volume of bags delivered to customers and the average order value of bags delivered. The company operates in one geographic area, New Zealand.
52GF Score

Get the complete analysis for NZSE:MFB

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

NZ$0.29
Price
NZ$0.21
GF Value