Loading…
Makes food-processing equipment (ovens, mixers, frying systems) for bakery, protein and snack manufacturers, spun off from Middleby.
Makes food-processing equipment (ovens, mixers, frying systems) for bakery, protein and snack manufacturers, spun off from Middleby.
Sells ovens, mixers and frying lines as large capital orders to food plants, then earns repeat income from spare parts and service on the machines already installed. It became a standalone company when Middleby split it off.
Moat: narrow (installed base, process know-how, switching costs). Engineered production lines are deeply integrated into customer plants, making replacement costly and slow.
Headquarters: Rosemont, Illinois, United States · Founded: 2025 · Employees: 2,843
Size Midera Food Processing (MFP) is a United States Industrials company (Industrial Machinery) with a market value of $1.92B, the 1822nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $42.43 on 6 Nov 2026.
Growth Revenue grew 10.5% over the last twelve months (peer median +10.2%); the operating margin is 14.5% (peer median 12.1%).
Valuation It trades at 16.4× forward earnings against a peer median of 19.4× (5th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.5 points above its cost of capital (6.2% WACC).
Short interest Short interest is 4.9% of the free float (15 Oct 2026).
Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | n/a | $853M | $772M | $759M |
| Revenue growth | — | +11% | +2% | — |
| Gross profit | n/a | $309M | $305M | $288M |
| EBITDA | n/a | $148M | $179M | $166M |
| Net income | n/a | $82.7M | $122M | $120M |
| Free cash flow | n/a | $60.2M | $116M | $95.6M |
| Capital expenditure | n/a | $41.4M | $12.9M | $16.3M |
| Total debt | $264M | $54.6M | $26.5M | n/a |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Midera Food Processing MFP | $1.92B | n/a | +11% | 14% | 16.4× | 0.9% |
| JBT Marel JBTM | $6.66B | -8% | +20% | 10% | 14.2× | 12.7% |
| GEA Group Aktiengesellschaft G1A.DE | $12.6B | +25% | +4% | 12% | 21.0× | 5.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | MFP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.1% | -3.1% | 5th highest of 21 |
| Distance from 52-week high | -19.3% | -24.9% | 9th highest of 21 |
| Revenue growth (TTM) | +10.5% | +10.2% | 11th highest of 21 |
| Operating margin | 14.5% | 12.1% | 9th highest of 21 |
| Forward P/E | 16.4× | 19.4× | 5th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | 0.9% | 2.4% | 6th least demanding of 14 |
| Growth delivered (Del g) | +10.5% | +9.2% | 7th highest of 14 |
| Hurdle (Req g minus delivered) | -9.6 pp | -6.8 pp | 6th least demanding of 14 |
| ROIC minus cost of capital | +3.5 pp | +3.0 pp | 10th highest of 20 |
| EV / EBITDA | 14.4× | 12.3× | 5th most expensive of 12 |
| Net debt / EBITDA | 1.4× | -0.3× | most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Midera Food Processing MFP | United States | $1.92B | n/a | +11% | 14% | 16.4× | 0.9% | +10.5% |
| Suzhou Secote Precision Electronic 603283.SS | China | $1.92B | -12% | +9% | 20% | 20.2× | n/a | n/a |
| Excelland Robotics (Wuxi) 3231.HK | Hong Kong | $1.91B | n/a | +19% | -36% | n/a | n/a | n/a |
| LMW LMW.NS | India | $1.93B | +14% | +19% | 4% | 55.9× | n/a | n/a |
| Ta Liang Technology 3167.TW | Taiwan | $1.89B | -9% | +103% | 23% | 19.6× | 31.8% | +15.9% |
| OSG 6136.T | Japan | $1.88B | -2% | +20% | 18% | 11.4× | 1.7% | +9.0% |
| CIMC Enric 3899.HK | Hong Kong | $1.96B | -32% | +6% | 4% | 10.4× | -4.7% | +15.6% |
| ELGI Equipments ELGIEQUIP.NS | India | $1.87B | -1% | +16% | 13% | 35.0× | 30.6% | +15.5% |
| Wuxi Rich Intelligent Equipment 301599.SZ | China | $1.87B | -54% | +9% | 13% | n/a | 31.2% | +9.2% |
| Makino Milling Machine 6135.T | Japan | $1.99B | +35% | +17% | 12% | 10.1× | -3.2% | +17.5% |
| Enerpac Tool EPAC | United States | $1.99B | +9% | +6% | 20% | 18.8× | 3.8% | +4.3% |
| Kaishan 300257.SZ | China | $2.00B | -56% | +12% | 15% | 22.0× | n/a | n/a |
| Xi'an Shaangu Power 601369.SS | China | $2.00B | -22% | -5% | 7% | 18.2× | -11.1% | +3.2% |
| Shenzhen Yinghe Technology 300457.SZ | China | $1.84B | -34% | +27% | 6% | 18.6× | 11.4% | +31.7% |
| Max 6454.T | Japan | $2.01B | +1% | +11% | 18% | 19.4× | 2.4% | +9.2% |
| Xiangtan Electric Manufacturing 600416.SS | China | $1.83B | -33% | -3% | -2% | 414.0× | n/a | n/a |
| Landis+Gyr LAND.SW | Switzerland | $2.01B | +17% | -22% | 25% | 21.5× | -10.2% | -5.7% |
| Systemair SYSR.ST | Sweden | $1.83B | +16% | +3% | 9% | 18.6× | 13.4% | +8.0% |
| Jiangxi Guoke Defence 688543.SS | China | $1.83B | -7% | +2% | 16% | 42.7× | n/a | n/a |
| Direct Drive Tech 6731.HK | Hong Kong | $2.02B | n/a | +253% | -38% | n/a | n/a | n/a |
| Zhejiang Dun'an Artificial Environment 002011.SZ | China | $1.81B | -4% | +8% | 8% | 11.4× | -0.4% | +12.2% |