BF SPA (BFG.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:BFG - IT0005187460 - Common Stock
4.5 EUR
+0.01 (+0.22%)
BFG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 62 industry peers in the Food Products industry. BFG may be in some trouble as it scores bad on both profitability and health. BFG is valied quite expensively at the moment, while it does show a decent growth rate.
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.
- 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: 69.35% of the companies in the same industry are doing better.
- BFG has a worse Return On Equity (-0.31%) than 69.35% 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 79.03% of its industry peers.
| 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's Operating Margin of 0.15% is on the low side compared to the rest of the industry. BFG is outperformed by 79.03% of its industry peers.
- The Gross Margin of BFG (23.94%) is worse than 75.81% of its industry peers.
- BFG's Gross Margin has declined in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BFG 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.
- 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.
- The Altman-Z score of BFG (1.42) is worse than 69.35% 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 79.03% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.42 |
ROIC/WACC0.02
WACC7.08%
2.3 Liquidity
- BFG has a Current Ratio of 1.17. This is a normal value and indicates that BFG is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of BFG (1.17) is comparable to the rest of the industry.
- A Quick Ratio of 0.86 indicates that BFG may have some problems paying its short term obligations.
- BFG has a Quick ratio of 0.86. This is comparable to the rest of the industry: BFG outperforms 54.84% of its industry peers.
| 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.
- Measured over the past years, BFG shows a very strong growth in Earnings Per Share. The EPS has been growing by 230.78% on average per year.
- BFG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.77%.
- 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
- 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.
- 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.
4. Valuation
4.1 Price/Earnings Ratio
- BFG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- With a Price/Forward Earnings ratio of 49.50, BFG can be considered very expensive at the moment.
- 74.19% of the companies in the same industry are cheaper than BFG, based on the Price/Forward Earnings ratio.
- BFG's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.95.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 49.5 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BFG is valued a bit more expensive than 75.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 28.2 |
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.
- 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%
5. Dividend
5.1 Amount
- BFG has a Yearly Dividend Yield of 1.73%.
- BFG's Dividend Yield is comparable with the industry average which is at 2.38.
- Compared to an average S&P500 Dividend Yield of 1.82, BFG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector 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%
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.