The case for & against
Bull & Bear analysis
Bearish
My Food Bag Group Limited (MFB) is a meal delivery service operating primarily in New Zealand, providing pre-portioned ingredients and recipes to consumers. The company has leveraged the growing trend of convenience in meal preparation and healthy eating, but it faces significant challenges in maintaining earnings growth and building a stable dividend track record.
Bull says
- ↑Stock up 5.08% past week and 10.71% past month
- ↑FY 2026 EPS, revenue and net income rose vs FY 2025
- ↑Average one-year target NZD 0.34 (~10% above NZD 0.31)
- ↑Technical indicators flag a daily “strong buy” signal
- ↑Seasonal demand lift for meal kits may drive revenue
- ↑Strong momentum and ROE factors support valuation
Bear says
- ↓10% annual earnings decline over past five years
- ↓Dividends slashed over 20%, deterring income investors
- ↓Revenue growth projected at 2.8% p.a. may disappoint
- ↓Market cap <US$100 m implies low liquidity, high volatility
- ↓Inflation headwinds could curb consumer meal-kit spend
- ↓High leverage and volatility factors signal financial risk