My Food Bag Group (NZSE:MFB) Total Assets: NZ$106.8 Mil (As of Mar. 2026)


NZSE:MFB My Food Bag Group Ltd NZSE:MFB
50 GF Score
Price NZ$0.28
GF Value NZ$0.21
Valuation Significantly Overvalued
! 9 Warning Signs
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What is My Food Bag Group Total Assets?

My Food Bag Group NZSE:MFB 50 Total Assets is NZ$106.8 Mil 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.

My Food Bag Group's Total Assets for the quarter that ended in Mar. 2026 was NZ$106.8 Mil.

During the past 12 months, My Food Bag Group's average Total Assets Growth Rate was 4.10% per year. During the past 3 years, the average Total Assets Growth Rate was -0.70% per year. During the past 5 years, the average Total Assets Growth Rate was 0.80% per year.

During the past 6 years, My Food Bag Group's highest 3-Year average Total Assets Growth Rate was 1.00%. The lowest was -0.70%. And the median was 0.70%.

Total Assets is connected with ROA %. My Food Bag Group's annualized ROA % for the quarter that ended in Mar. 2026 was 7.21%. Total Assets is also linked to Revenue through Asset Turnover. My Food Bag Group's Asset Turnover for the quarter that ended in Mar. 2026 was 0.80.

My Food Bag Group  (NZSE:MFB) Total Assets Explanation

Total Assets is connected with ROA %.

My Food Bag Group's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=7.654/( (105.474+106.805)/ 2 )
=7.654/106.1395
=7.21 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

My Food Bag Group's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=84.854/( (105.474+106.805)/ 2 )
=84.854/106.1395
=0.80

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

My Food Bag Group Total Assets Related Terms

My Food Bag Group Total Assets Historical Data

* Premium members only.

The historical data trend for My Food Bag Group's Total Assets 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 Total Assets Chart

My Food Bag Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Assets
Get a 7-Day Free Trial 105.67 108.55 104.12 103.52 106.81

My Food Bag Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.12 105.52 103.52 105.47 106.81
NZSE:MFB
50GF Score
My Food Bag Group Ltd NZSE:MFB
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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My Food Bag Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

My Food Bag Group's Total Assets for the fiscal year that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (A: Mar. 2026 )+Total Liabilities (A: Mar. 2026 )
=72.414+34.391
=106.8

My Food Bag Group's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=72.414+34.391
=106.8

* 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 Total Assets →
What does a Total Assets of NZ$106.8 Mil mean?
My Food Bag Group (NZSE:MFB) has a Total Assets of NZ$106.8 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on My Food Bag Group and its competitors.
Is My Food Bag Group's Total Assets too high?
My Food Bag Group's current Total Assets is NZ$106.8 Mil. 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 Total Assets compare to AMZN and BABA?
My Food Bag Group's Total Assets of NZ$106.8 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Retail - Cyclical company?
A good Total Assets depends on the Retail - Cyclical industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on My Food Bag Group and its competitors. My Food Bag Group's current Total Assets is NZ$106.8 Mil. 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 Total Assets is NZ$106.8 Mil. 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For My Food Bag Group (NZSE:MFB), the current Total Assets is NZ$106.8 Mil 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.

Key valuation signals for NZSE:MFB:

  • Total Assets: NZ$106.8 Mil
  • GF Value™: NZ$0.21 vs. price of NZ$0.28 (33.3% above fair value)
  • GF Score™: 50/100 with 9 warning signs

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.
50GF Score

Get the complete analysis for NZSE:MFB

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

NZ$0.28
Price
NZ$0.21
GF Value