BF SPA (BFG.MI) Stock Fundamental Analysis

BIT:BFG • IT0005187460

4.5 EUR
+0.04 (+0.9%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to BFG. BFG was compared to 59 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.


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.
  • Of the past 5 years BFG 4 years were profitable.
  • In multiple years BFG reported negative operating cash flow during the last 5 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 has a Return On Assets of -0.10%. This is in the lower half of the industry: BFG underperforms 71.19% of its industry peers.
  • BFG has a Return On Equity of -0.31%. This is in the lower half of the industry: BFG underperforms 71.19% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 0.12%, BFG is doing worse than 79.66% of the companies in the same industry.
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.
  • The Operating Margin of BFG (0.15%) is worse than 79.66% of its industry peers.
  • With a Gross Margin value of 23.94%, BFG is not doing good in the industry: 77.97% of the companies in the same industry are doing better.
  • 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

  • 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.
  • Compared to 5 years ago, BFG has more shares outstanding
  • The debt/assets ratio for BFG is higher compared to a year ago.
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.
  • The Altman-Z score of BFG (1.42) is worse than 64.41% of its industry peers.
  • A Debt/Equity ratio of 0.25 indicates that BFG is not too dependend on debt financing.
  • The Debt to Equity ratio of BFG (0.25) is better than 74.58% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.25
Debt/FCF N/A
Altman-Z 1.42
ROIC/WACC0.02
WACC7.03%
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

  • 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.
  • BFG has a Current ratio of 1.17. This is comparable to the rest of the industry: BFG outperforms 40.68% 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.
  • With a Quick ratio value of 0.86, BFG perfoms like the industry average, outperforming 49.15% of the companies in the same 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

  • 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

  • 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

  • BFG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • BFG is valuated quite expensively with a Price/Forward Earnings ratio of 49.50.
  • Based on the Price/Forward Earnings ratio, BFG is valued a bit 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 28.06.
Industry RankSector Rank
PE N/A
Fwd PE 49.5
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

  • 76.27% 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 27.99
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 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%

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%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.53, BFG has a dividend in line with its industry peers.
  • BFG's Dividend Yield is comparable with the S&P500 average which is at 1.80.
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

  • 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

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Find the best dividend stocksShow peers with best dividend

BF SPA

BIT:BFG (2/27/2026, 7:00:00 PM)

4.5

+0.04 (+0.9%)

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 Cap1.18B
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 49.5
P/S 0.78
P/FCF N/A
P/OCF N/A
P/B 1.43
P/tB 2.11
EV/EBITDA 27.99
EPS(TTM)-0.01
EYN/A
EPS(NY)0.09
Fwd EY2.02%
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
WACC7.03%
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.