B&G FOODS INC (BGS) Stock Fundamental Analysis
NYSE:BGS - New York Stock Exchange, Inc. - US05508R1068 - Common Stock - Currency: USD
BGS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 89 industry peers in the Food Products industry. BGS has a medium profitability rating, but doesn't score so well on its financial health evaluation. BGS has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BGS had positive earnings in the past year.
In the past year BGS had a positive cash flow from operations.
In multiple years BGS reported negative net income over the last 5 years.
Each year in the past 5 years BGS had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -8.39%, BGS is not doing good in the industry: 74.16% of the companies in the same industry are doing better.
With a Return On Equity value of -47.87%, BGS is not doing good in the industry: 76.40% of the companies in the same industry are doing better.
BGS has a better Return On Invested Capital (6.12%) than 60.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BGS is below the industry average of 9.00%.
The last Return On Invested Capital (6.12%) for BGS is above the 3 year average (5.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.39% | ||
| ROE | -47.87% | ||
| ROIC | 6.12% |
ROA(3y)-3.53%
ROA(5y)-1.07%
ROE(3y)-19.04%
ROE(5y)-6.78%
ROIC(3y)5.46%
ROIC(5y)5.48%
1.3 Margins
BGS has a better Operating Margin (11.04%) than 77.53% of its industry peers.
BGS's Operating Margin has declined in the last couple of years.
BGS has a Gross Margin of 21.83%. This is comparable to the rest of the industry: BGS outperforms 50.56% of its industry peers.
In the last couple of years the Gross Margin of BGS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.04% | ||
| PM (TTM) | N/A | ||
| GM | 21.83% |
OM growth 3Y1.19%
OM growth 5Y-2.1%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.91%
GM growth 5Y-1.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BGS is destroying value.
The number of shares outstanding for BGS has been increased compared to 1 year ago.
Compared to 5 years ago, BGS has more shares outstanding
The debt/assets ratio for BGS is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.48, we must say that BGS is in the distress zone and has some risk of bankruptcy.
BGS has a Altman-Z score of 1.48. This is comparable to the rest of the industry: BGS outperforms 40.45% of its industry peers.
BGS has a debt to FCF ratio of 19.58. This is a negative value and a sign of low solvency as BGS would need 19.58 years to pay back of all of its debts.
With a Debt to FCF ratio value of 19.58, BGS perfoms like the industry average, outperforming 44.94% of the companies in the same industry.
A Debt/Equity ratio of 3.84 is on the high side and indicates that BGS has dependencies on debt financing.
BGS's Debt to Equity ratio of 3.84 is on the low side compared to the rest of the industry. BGS is outperformed by 88.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.84 | ||
| Debt/FCF | 19.58 | ||
| Altman-Z | 1.48 |
ROIC/WACC0.83
WACC7.34%
2.3 Liquidity
BGS has a Current Ratio of 3.30. This indicates that BGS is financially healthy and has no problem in meeting its short term obligations.
BGS has a Current ratio of 3.30. This is amongst the best in the industry. BGS outperforms 85.39% of its industry peers.
A Quick Ratio of 1.14 indicates that BGS should not have too much problems paying its short term obligations.
BGS has a Quick ratio of 1.14. This is in the better half of the industry: BGS outperforms 68.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.3 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
The earnings per share for BGS have decreased strongly by -29.29% in the last year.
Measured over the past years, BGS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.66% on average per year.
The Revenue has decreased by -6.29% in the past year.
BGS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.08% yearly.
EPS 1Y (TTM)-29.29%
EPS 3Y-27.93%
EPS 5Y-15.66%
EPS Q2Q%3.33%
Revenue 1Y (TTM)-6.29%
Revenue growth 3Y-2.05%
Revenue growth 5Y3.08%
Sales Q2Q%-4.59%
3.2 Future
Based on estimates for the next years, BGS will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.47% on average per year.
BGS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.19% yearly.
EPS Next Y-3.45%
EPS Next 2Y0.74%
EPS Next 3Y11.47%
EPS Next 5YN/A
Revenue Next Year-0.87%
Revenue Next 2Y-0.31%
Revenue Next 3Y0.19%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
BGS is valuated reasonably with a Price/Earnings ratio of 9.67.
85.39% of the companies in the same industry are more expensive than BGS, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.87, BGS is valued rather cheaply.
BGS is valuated reasonably with a Price/Forward Earnings ratio of 10.02.
Based on the Price/Forward Earnings ratio, BGS is valued cheaply inside the industry as 94.38% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.38. BGS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 10.02 |
4.2 Price Multiples
BGS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BGS is cheaper than 74.16% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BGS indicates a rather cheap valuation: BGS is cheaper than 91.01% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.19 | ||
| EV/EBITDA | 8.31 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.74%
EPS Next 3Y11.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.19%, BGS is a good candidate for dividend investing.
BGS's Dividend Yield is rather good when compared to the industry average which is at 4.33. BGS pays more dividend than 97.75% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, BGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.19% |
5.2 History
The dividend of BGS decreases each year by -16.37%.
BGS has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of BGS decreased recently.
Dividend Growth(5Y)-16.37%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
The earnings of BGS are negative and hence is the payout ratio. BGS will probably not be able to sustain this dividend level.
DP-23.9%
EPS Next 2Y0.74%
EPS Next 3Y11.47%
6.77
+0.01 (+0.15%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners69.72%
Inst Owner Change0.61%
Ins Owners3.08%
Ins Owner Change14.87%
Market Cap535.78M
Analysts48.57
Price Target7.43 (9.75%)
Short Float %18.62%
Short Ratio6.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.19% |
Yearly Dividend0.76
Dividend Growth(5Y)-16.37%
DP-23.9%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-17.06%
Min EPS beat(2)-35.09%
Max EPS beat(2)0.96%
EPS beat(4)1
Avg EPS beat(4)-16.92%
Min EPS beat(4)-35.09%
Max EPS beat(4)0.96%
EPS beat(8)5
Avg EPS beat(8)1.72%
EPS beat(12)6
Avg EPS beat(12)0.62%
EPS beat(16)6
Avg EPS beat(16)-1.6%
Revenue beat(2)0
Avg Revenue beat(2)-1.92%
Min Revenue beat(2)-3.51%
Max Revenue beat(2)-0.33%
Revenue beat(4)1
Avg Revenue beat(4)-1.25%
Min Revenue beat(4)-3.51%
Max Revenue beat(4)1%
Revenue beat(8)2
Avg Revenue beat(8)-1.3%
Revenue beat(12)4
Avg Revenue beat(12)-0.45%
Revenue beat(16)6
Avg Revenue beat(16)-0.45%
PT rev (1m)0%
PT rev (3m)-11.3%
EPS NQ rev (1m)-2.07%
EPS NQ rev (3m)-8.54%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)1.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.61%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.67 | ||
| Fwd PE | 10.02 | ||
| P/S | 0.28 | ||
| P/FCF | 5.19 | ||
| P/OCF | 4.09 | ||
| P/B | 1.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.31 |
EPS(TTM)0.7
EY10.34%
EPS(NY)0.68
Fwd EY9.98%
FCF(TTM)1.3
FCFY19.27%
OCF(TTM)1.65
OCFY24.43%
SpS24.42
BVpS6.63
TBVpS-16.55
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.39% | ||
| ROE | -47.87% | ||
| ROCE | 7.74% | ||
| ROIC | 6.12% | ||
| ROICexc | 6.23% | ||
| ROICexgc | 19.33% | ||
| OM | 11.04% | ||
| PM (TTM) | N/A | ||
| GM | 21.83% | ||
| FCFM | 5.34% |
ROA(3y)-3.53%
ROA(5y)-1.07%
ROE(3y)-19.04%
ROE(5y)-6.78%
ROIC(3y)5.46%
ROIC(5y)5.48%
ROICexc(3y)5.54%
ROICexc(5y)5.56%
ROICexgc(3y)18%
ROICexgc(5y)19.45%
ROCE(3y)6.91%
ROCE(5y)6.94%
ROICexcg growth 3Y2.98%
ROICexcg growth 5Y-1.12%
ROICexc growth 3Y8.5%
ROICexc growth 5Y3.01%
OM growth 3Y1.19%
OM growth 5Y-2.1%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.91%
GM growth 5Y-1.1%
F-Score4
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.84 | ||
| Debt/FCF | 19.58 | ||
| Debt/EBITDA | 6.68 | ||
| Cap/Depr | 31.46% | ||
| Cap/Sales | 1.43% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 43.43% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.3 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.48 |
F-Score4
WACC7.34%
ROIC/WACC0.83
Cap/Depr(3y)29.41%
Cap/Depr(5y)36.55%
Cap/Sales(3y)1.24%
Cap/Sales(5y)1.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.29%
EPS 3Y-27.93%
EPS 5Y-15.66%
EPS Q2Q%3.33%
EPS Next Y-3.45%
EPS Next 2Y0.74%
EPS Next 3Y11.47%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.29%
Revenue growth 3Y-2.05%
Revenue growth 5Y3.08%
Sales Q2Q%-4.59%
Revenue Next Year-0.87%
Revenue Next 2Y-0.31%
Revenue Next 3Y0.19%
Revenue Next 5YN/A
EBIT growth 1Y-39.22%
EBIT growth 3Y-0.88%
EBIT growth 5Y0.92%
EBIT Next Year30.36%
EBIT Next 3Y12.24%
EBIT Next 5YN/A
FCF growth 1Y-53.52%
FCF growth 3Y27.08%
FCF growth 5Y90.64%
OCF growth 1Y-47.16%
OCF growth 3Y11.71%
OCF growth 5Y23%