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My Food Bag GroupNZSE:MFB 50 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates NZSE:MFB with a GF Score™ of 50/100 and a GF Value™ of NZ$0.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,060 Retail - Cyclical companies, My Food Bag Group ranks better than 99.91% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. My Food Bag Group's annualized net income for the quarter that ended in Mar. 2026 was NZ$7.7 Mil. My Food Bag Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was NZ$-15.3 Mil. Therefore, My Food Bag Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for My Food Bag Group's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:MFB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
NZSE:MFB's Return-on-Tangible-Equity is ranked better than 99.91% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 8.455
vs NZSE:MFB: Negative Tangible Equity
My Food Bag Group (NZSE:MFB) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
My Food Bag Group Return-on-Tangible-Equity Related Terms
My Food Bag Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for My Food Bag Group's Return-on-Tangible-Equity 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.
NZSE:MFB vs AMZN, BABA, PDD: Return-on-Tangible-Equity Comparison
For the Internet Retail subindustry, My Food Bag Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, My Food Bag Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where My Food Bag Group's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
My Food Bag Group (NZSE:MFB) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on My Food Bag Group and its competitors. According to the industry distribution chart, My Food Bag Group ranks #1 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 0.099999999999994%.
Is My Food Bag Group's Return-on-Tangible-Equity too high?
My Food Bag Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, My Food Bag Group ranks #1 out of 1060 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, My Food Bag Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does My Food Bag Group's Return-on-Tangible-Equity compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, My Food Bag Group ranks #1 out of 1060 companies for Return-on-Tangible-Equity. This places My Food Bag Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,060 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on My Food Bag Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. My Food Bag Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. 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$0.28 — trading 33.3% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. My Food Bag Group's overall GF Score™ is 50/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For My Food Bag Group (NZSE:MFB), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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$0.28 is trading 33.3% above its estimated GF Value™ of NZ$0.21.
GuruFocus considers My Food Bag Group to be Significantly Overvalued.
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 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.
50GF Score
Get the complete analysis for NZSE:MFB
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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