BF SPA (BFG.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:BFG • IT0005187460
4.45 EUR
-0.05 (-1.11%)
Last: Jan 29, 2026, 07:00 PM
Taking everything into account, BFG scores 2 out of 10 in our fundamental rating. BFG was compared to 67 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.
1. Profitability
1.1 Basic Checks
- BFG had negative earnings in the past year.
- BFG had a negative operating cash flow in the past year.
- Of the past 5 years BFG 4 years were profitable.
- The reported operating cash flow has been mixed in the past 5 years: BFG reported negative operating cash flow in multiple years.
1.2 Ratios
- With a Return On Assets value of -0.10%, BFG is not doing good in the industry: 71.64% of the companies in the same industry are doing better.
- BFG's Return On Equity of -0.31% is on the low side compared to the rest of the industry. BFG is outperformed by 71.64% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 0.12%, BFG is doing worse than 79.10% of the companies in the same industry.
| Industry Rank | Sector 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
1.3 Margins
- BFG's Profit Margin has improved in the last couple of years.
- BFG has a worse Operating Margin (0.15%) than 79.10% of its industry peers.
- The Gross Margin of BFG (23.94%) is worse than 74.63% of its industry peers.
- In the last couple of years the Gross Margin of BFG has declined.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
- BFG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- BFG has about the same amout of shares outstanding than it did 1 year ago.
- BFG has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for BFG is higher compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.42, we must say that BFG is in the distress zone and has some risk of bankruptcy.
- BFG's Altman-Z score of 1.42 is on the low side compared to the rest of the industry. BFG is outperformed by 71.64% of its industry peers.
- BFG has a Debt/Equity ratio of 0.25. This is a healthy value indicating a solid balance between debt and equity.
- The Debt to Equity ratio of BFG (0.25) is better than 76.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.42 |
ROIC/WACC0.02
WACC7.07%
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 of 1.17. This is comparable to the rest of the industry: BFG outperforms 43.28% of its industry peers.
- BFG has a Quick Ratio of 1.17. This is a bad value and indicates that BFG is not financially healthy enough and could expect problems in meeting its short term obligations.
- BFG has a Quick ratio (0.86) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.17 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
- The earnings per share for BFG have decreased strongly by -122.30% in the last year.
- BFG shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 230.78% yearly.
- Looking at the last year, BFG shows a quite strong growth in Revenue. The Revenue has grown by 11.77% in the last year.
- BFG shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 81.93% yearly.
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.
- BFG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.74% yearly.
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- BFG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- Based on the Price/Forward Earnings ratio of 48.95, the valuation of BFG can be described as expensive.
- Based on the Price/Forward Earnings ratio, BFG is valued a bit more expensive than the industry average as 74.63% of the companies are valued more cheaply.
- The average S&P500 Price/Forward Earnings ratio is at 25.57. BFG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 48.95 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BFG is valued a bit more expensive than the industry average as 76.12% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 27.94 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BFG does not grow enough to justify the current Price/Earnings ratio.
- A more expensive valuation may be justified as BFG's earnings are expected to grow with 65.55% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50%
EPS Next 3Y65.55%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.71%, BFG has a reasonable but not impressive dividend return.
- BFG's Dividend Yield is comparable with the industry average which is at 2.76.
- BFG's Dividend Yield is comparable with the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.71% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- The earnings of BFG are negative and hence is the payout ratio. BFG will probably not be able to sustain this dividend level.
DP-94.98%
EPS Next 2Y50%
EPS Next 3Y65.55%
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.