Marfrig Global Foods S.A. (MRRTY)
Marfrig Global Foods S.A. operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in São Paulo, SP, BR. The stock last traded at $3.42, down 4.20% on the session, giving a market capitalisation of $2.86B. On trailing twelve-month figures it carries a trailing P/E of 88.76, a net margin of 0.2%. Its beta of 0.53 implies it has historically moved less than the broad market.
Marfrig Global Foods S.A., through its subsidiaries, stands as a significant entity within the food and food service industries, primarily conducting operations in Brazil, the United States, Uruguay, and Argentina. The company's main focus is the production, processing, distribution, and sale of a diverse range of proteins, including animal-based varieties like beef, lamb, and fish, as well as plant-based options. Its comprehensive product line also extends to other food items such as frozen vegetables and various sauces. Beyond its core food operations, Marfrig also engages in supplementary services like energy trading, transportation leasing, and leather processing. Marfrig's extensive product offerings are sold to restaurant and supermarket chains, and directly to consumers in approximately 100 countries worldwide. Founded in 1986, the company is headquartered in São Paulo, Brazil, and officially adopted the name Marfrig Global Foods S.A. in January 2014, formerly known as Marfrig Alimentos S.A.
Marfrig Global Foods S.A. is most often compared with the following Consumer Defensive names: