BF SPA (BFG.MI) Stock Fundamental Analysis

BIT:BFG • IT0005187460

4.4 EUR
+0.01 (+0.23%)
Last: Feb 13, 2026, 11:45 AM
Fundamental Rating

2

Overall BFG gets a fundamental rating of 2 out of 10. We evaluated BFG against 63 industry peers in the Food Products industry. BFG has a bad profitability rating. Also its financial health evaluation is rather negative. 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

  • BFG had negative earnings in the past year.
  • BFG had a negative operating cash flow in the past year.
  • 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

  • The Return On Assets of BFG (-0.10%) is worse than 71.43% of its industry peers.
  • The Return On Equity of BFG (-0.31%) is worse than 71.43% of its industry peers.
  • BFG's Return On Invested Capital of 0.12% is on the low side compared to the rest of the industry. BFG is outperformed by 79.37% 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

  • In the last couple of years the Profit Margin of BFG has grown nicely.
  • BFG has a worse Operating Margin (0.15%) than 79.37% of its industry peers.
  • Looking at the Gross Margin, with a value of 23.94%, BFG is doing worse than 76.19% of the companies in the same industry.
  • In the last couple of years the Gross Margin of BFG has declined.
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

2

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.
  • Compared to 1 year ago, BFG has about the same amount of shares outstanding.
  • BFG has more shares outstanding than it did 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

  • Based on the Altman-Z score of 1.41, we must say that BFG is in the distress zone and has some risk of bankruptcy.
  • BFG's Altman-Z score of 1.41 is on the low side compared to the rest of the industry. BFG is outperformed by 68.25% of its industry peers.
  • A Debt/Equity ratio of 0.25 indicates that BFG is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.25, BFG is doing good in the industry, outperforming 74.60% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF N/A
Altman-Z 1.41
ROIC/WACC0.02
WACC7.06%
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.
  • With a Current ratio value of 1.17, BFG perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
  • 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 in line with its industry peers.
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

5

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.
  • BFG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.77%.
  • 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

  • Based on estimates for the next years, BFG will show a very strong growth in Earnings Per Share. The EPS will grow by 65.55% on average per year.
  • 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

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for BFG. In the last year negative earnings were reported.
  • The Price/Forward Earnings ratio is 48.40, which means the current valuation is very expensive for BFG.
  • BFG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BFG is more expensive than 76.19% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of BFG to the average of the S&P500 Index (28.06), we can say BFG is valued expensively.
Industry RankSector Rank
PE N/A
Fwd PE 48.4
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

  • 76.19% of the companies in the same industry are cheaper than BFG, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 27.68
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.
  • 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%

2

5. Dividend

5.1 Amount

  • BFG has a Yearly Dividend Yield of 1.73%.
  • Compared to an average industry Dividend Yield of 2.42, BFG has a dividend in line with its industry peers.
  • BFG's Dividend Yield is comparable with the S&P500 average which is at 1.84.
Industry RankSector Rank
Dividend Yield 1.73%

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%
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

BF SPA

BIT:BFG (2/13/2026, 11:45:17 AM)

4.4

+0.01 (+0.23%)

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 Cap1.15B
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 1.73%
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 48.4
P/S 0.76
P/FCF N/A
P/OCF N/A
P/B 1.4
P/tB 2.06
EV/EBITDA 27.68
EPS(TTM)-0.01
EYN/A
EPS(NY)0.09
Fwd EY2.07%
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 1.41
F-Score3
WACC7.06%
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.