BF SPA (BFG.MI) Stock Fundamental Analysis

BIT:BFG • IT0005187460

4.44 EUR
-0.06 (-1.33%)
Last: Feb 20, 2026, 03:40 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

2

Taking everything into account, BFG scores 2 out of 10 in our fundamental rating. BFG was compared to 59 industry peers in the Food Products industry. Both the profitability and financial health of BFG have multiple concerns. While showing a medium growth rate, BFG is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year BFG has reported negative net income.
  • In the past year BFG has reported a negative cash flow from operations.
  • BFG had positive earnings in 4 of the past 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: BFG reported negative operating cash flow in multiple years.
BFG.MI Yearly Net Income VS EBIT VS OCF VS FCFBFG.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

  • BFG's Return On Assets of -0.10% is on the low side compared to the rest of the industry. BFG is outperformed by 71.19% of its industry peers.
  • With a Return On Equity value of -0.31%, BFG is not doing good in the industry: 71.19% of the companies in the same industry are doing better.
  • The Return On Invested Capital of BFG (0.12%) is worse than 79.66% of its industry peers.
Industry RankSector Rank
ROA -0.1%
ROE -0.31%
ROIC 0.12%
ROA(3y)0.26%
ROA(5y)0.19%
ROE(3y)0.83%
ROE(5y)0.54%
ROIC(3y)N/A
ROIC(5y)N/A
BFG.MI Yearly ROA, ROE, ROICBFG.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 0.5 -0.5 1

1.3 Margins

  • BFG's Profit Margin has improved in the last couple of years.
  • The Operating Margin of BFG (0.15%) is worse than 79.66% of its industry peers.
  • BFG has a Gross Margin of 23.94%. This is in the lower half of the industry: BFG underperforms 77.97% of its industry peers.
  • BFG's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 0.15%
PM (TTM) N/A
GM 23.94%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y93.88%
GM growth 3Y6.13%
GM growth 5Y-2.82%
BFG.MI Yearly Profit, Operating, Gross MarginsBFG.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BFG is destroying value.
  • BFG has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for BFG has been increased compared to 5 years ago.
  • BFG has a worse debt/assets ratio than last year.
BFG.MI Yearly Shares OutstandingBFG.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
BFG.MI Yearly Total Debt VS Total AssetsBFG.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • BFG has an Altman-Z score of 1.42. This is a bad value and indicates that BFG is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.42, BFG is doing worse than 64.41% of the companies in the same industry.
  • BFG has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.25, BFG is in the better half of the industry, outperforming 74.58% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF N/A
Altman-Z 1.42
ROIC/WACC0.02
WACC7.02%
BFG.MI Yearly LT Debt VS Equity VS FCFBFG.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 1.17 indicates that BFG should not have too much problems paying its short term obligations.
  • BFG has a Current ratio (1.17) which is in line with its industry peers.
  • A Quick Ratio of 0.86 indicates that BFG may have some problems paying its short term obligations.
  • BFG has a Quick ratio (0.86) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.17
Quick Ratio 0.86
BFG.MI Yearly Current Assets VS Current LiabilitesBFG.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • BFG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -122.30%.
  • The Earnings Per Share has been growing by 230.78% on average over the past years. This is a very strong growth
  • The Revenue has grown by 11.77% in the past year. This is quite good.
  • Measured over the past years, BFG shows a very strong growth in Revenue. The Revenue has been growing by 81.93% on average per year.
EPS 1Y (TTM)-122.3%
EPS 3YN/A
EPS 5Y230.78%
EPS Q2Q%-96.29%
Revenue 1Y (TTM)11.77%
Revenue growth 3Y70.81%
Revenue growth 5Y81.93%
Sales Q2Q%13.87%

3.2 Future

  • BFG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 65.55% yearly.
  • The Revenue is expected to grow by 4.74% on average over the next years.
EPS Next Y25%
EPS Next 2Y50%
EPS Next 3Y65.55%
EPS Next 5YN/A
Revenue Next Year8.56%
Revenue Next 2Y8.52%
Revenue Next 3Y4.74%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
BFG.MI Yearly Revenue VS EstimatesBFG.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
BFG.MI Yearly EPS VS EstimatesBFG.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2023 2024 2025 2026 2027 0 0.2 0.4 0.6

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for BFG. In the last year negative earnings were reported.
  • BFG is valuated quite expensively with a Price/Forward Earnings ratio of 48.84.
  • BFG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BFG is more expensive than 76.27% of the companies in the same industry.
  • BFG's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.03.
Industry RankSector Rank
PE N/A
Fwd PE 48.84
BFG.MI Price Earnings VS Forward Price EarningsBFG.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -100 -200 -300 -400

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BFG indicates a slightly more expensive valuation: BFG is more expensive than 76.27% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 27.89
BFG.MI Per share dataBFG.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • BFG's earnings are expected to grow with 65.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50%
EPS Next 3Y65.55%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • BFG has a Yearly Dividend Yield of 1.69%.
  • Compared to an average industry Dividend Yield of 2.53, BFG has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, BFG has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.69%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • BFG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-94.98%
EPS Next 2Y50%
EPS Next 3Y65.55%
BFG.MI Yearly Income VS Free CF VS DividendBFG.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M 60M -60M

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Find the best dividend stocksShow peers with best dividend

BF SPA

BIT:BFG (2/20/2026, 3:40:21 PM)

4.44

-0.06 (-1.33%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners8.29%
Inst Owner ChangeN/A
Ins Owners47.46%
Ins Owner ChangeN/A
Market Cap1.16B
Revenue(TTM)1.51B
Net Income(TTM)-2.55M
Analysts45.71
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.69%
Yearly Dividend0.06
Dividend Growth(5Y)N/A
DP-94.98%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 48.84
P/S 0.77
P/FCF N/A
P/OCF N/A
P/B 1.41
P/tB 2.08
EV/EBITDA 27.89
EPS(TTM)-0.01
EYN/A
EPS(NY)0.09
Fwd EY2.05%
FCF(TTM)-0.52
FCFYN/A
OCF(TTM)-0.42
OCFYN/A
SpS5.77
BVpS3.14
TBVpS2.13
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.1%
ROE -0.31%
ROCE 0.16%
ROIC 0.12%
ROICexc 0.15%
ROICexgc 0.19%
OM 0.15%
PM (TTM) N/A
GM 23.94%
FCFM N/A
ROA(3y)0.26%
ROA(5y)0.19%
ROE(3y)0.83%
ROE(5y)0.54%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y93.88%
GM growth 3Y6.13%
GM growth 5Y-2.82%
F-Score3
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF N/A
Debt/EBITDA 4.03
Cap/Depr 51.84%
Cap/Sales 1.67%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.17
Quick Ratio 0.86
Altman-Z 1.42
F-Score3
WACC7.02%
ROIC/WACC0.02
Cap/Depr(3y)77.79%
Cap/Depr(5y)100.55%
Cap/Sales(3y)2.36%
Cap/Sales(5y)5.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-122.3%
EPS 3YN/A
EPS 5Y230.78%
EPS Q2Q%-96.29%
EPS Next Y25%
EPS Next 2Y50%
EPS Next 3Y65.55%
EPS Next 5YN/A
Revenue 1Y (TTM)11.77%
Revenue growth 3Y70.81%
Revenue growth 5Y81.93%
Sales Q2Q%13.87%
Revenue Next Year8.56%
Revenue Next 2Y8.52%
Revenue Next 3Y4.74%
Revenue Next 5YN/A
EBIT growth 1Y78.67%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year348.64%
EBIT Next 3Y89.11%
EBIT Next 5YN/A
FCF growth 1Y-558.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-302.75%
OCF growth 3YN/A
OCF growth 5YN/A

BF SPA / BFG.MI FAQ

Can you provide the ChartMill fundamental rating for BF SPA?

ChartMill assigns a fundamental rating of 2 / 10 to BFG.MI.


Can you provide the valuation status for BF SPA?

ChartMill assigns a valuation rating of 1 / 10 to BF SPA (BFG.MI). This can be considered as Overvalued.


How profitable is BF SPA (BFG.MI) stock?

BF SPA (BFG.MI) has a profitability rating of 1 / 10.


Can you provide the financial health for BFG stock?

The financial health rating of BF SPA (BFG.MI) is 2 / 10.