B&G FOODS INC (BGS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BGS - US05508R1068 - Common Stock
4.58 USD
-0.11 (-2.35%)
4.62 USD
+0.04 (+0.87%)
BGS gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 87 industry peers in the Food Products industry. Both the profitability and financial health of BGS have multiple concerns. BGS is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BGS was profitable.
BGS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: BGS reported negative net income in multiple years.
In the past 5 years BGS always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BGS (-8.50%) is worse than 70.45% of its industry peers.
Looking at the Return On Equity, with a value of -53.12%, BGS is doing worse than 71.59% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.37%, BGS is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BGS is significantly below the industry average of 28.52%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.5% | ||
| ROE | -53.12% | ||
| ROIC | 5.37% |
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 (9.93%) than 75.00% of its industry peers.
In the last couple of years the Operating Margin of BGS has declined.
With a Gross Margin value of 21.45%, BGS perfoms like the industry average, outperforming 53.41% of the companies in the same industry.
BGS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.93% | ||
| PM (TTM) | N/A | ||
| GM | 21.45% |
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.
Compared to 1 year ago, BGS has more shares outstanding
BGS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BGS is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.37, we must say that BGS is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BGS (1.37) is worse than 62.50% of its industry peers.
BGS has a debt to FCF ratio of 37.46. This is a negative value and a sign of low solvency as BGS would need 37.46 years to pay back of all of its debts.
BGS's Debt to FCF ratio of 37.46 is in line compared to the rest of the industry. BGS outperforms 51.14% of its industry peers.
A Debt/Equity ratio of 4.29 is on the high side and indicates that BGS has dependencies on debt financing.
With a Debt to Equity ratio value of 4.29, BGS is not doing good in the industry: 88.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.29 | ||
| Debt/FCF | 37.46 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.76
WACC7.09%
2.3 Liquidity
A Current Ratio of 3.20 indicates that BGS has no problem at all paying its short term obligations.
BGS has a Current ratio of 3.20. This is amongst the best in the industry. BGS outperforms 86.36% of its industry peers.
BGS has a Quick Ratio of 1.30. This is a normal value and indicates that BGS is financially healthy and should not expect problems in meeting its short term obligations.
BGS's Quick ratio of 1.30 is fine compared to the rest of the industry. BGS outperforms 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.2 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
BGS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.74%.
The earnings per share for BGS have been decreasing by -15.66% on average. This is quite bad
Looking at the last year, BGS shows a decrease in Revenue. The Revenue has decreased by -6.04% in the last year.
The Revenue has been growing slightly by 3.08% on average over the past years.
EPS 1Y (TTM)-21.74%
EPS 3Y-27.93%
EPS 5Y-15.66%
EPS Q2Q%15.38%
Revenue 1Y (TTM)-6.04%
Revenue growth 3Y-2.05%
Revenue growth 5Y3.08%
Sales Q2Q%-4.72%
3.2 Future
The Earnings Per Share is expected to decrease by -1.12% on average over the next years.
The Revenue is expected to decrease by -2.22% on average over the next years.
EPS Next Y-24.48%
EPS Next 2Y-14.94%
EPS Next 3Y-1.12%
EPS Next 5YN/A
Revenue Next Year-5.29%
Revenue Next 2Y-3.5%
Revenue Next 3Y-2.22%
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 8.48.
Based on the Price/Earnings ratio, BGS is valued cheaper than 90.91% of the companies in the same industry.
BGS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.39.
A Price/Forward Earnings ratio of 9.04 indicates a reasonable valuation of BGS.
Based on the Price/Forward Earnings ratio, BGS is valued cheaper than 96.59% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BGS to the average of the S&P500 Index (23.84), we can say BGS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.48 | ||
| Fwd PE | 9.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BGS indicates a somewhat cheap valuation: BGS is cheaper than 62.50% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BGS is valued cheaply inside the industry as 93.18% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.77 | ||
| EV/EBITDA | 9.33 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.94%
EPS Next 3Y-1.12%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 16.20%, BGS is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 2.34, BGS pays a better dividend. On top of this BGS pays more dividend than 98.86% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, BGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.2% |
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.
BGS has decreased its dividend recently.
Dividend Growth(5Y)-16.37%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
BGS has negative earnings and hence a negative payout ratio. The dividend may be in danger.
BGS's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-24.15%
EPS Next 2Y-14.94%
EPS Next 3Y-1.12%
4.58
-0.11 (-2.35%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners68.33%
Inst Owner Change-13.9%
Ins Owners3.75%
Ins Owner Change-0.52%
Market Cap366.31M
Revenue(TTM)1.84B
Net Income(TTM)-250.08M
Analysts48.33
Price Target4.59 (0.22%)
Short Float %16.64%
Short Ratio6.1
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.2% |
Yearly Dividend0.76
Dividend Growth(5Y)-16.37%
DP-24.15%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.34%
Min EPS beat(2)-32.87%
Max EPS beat(2)33.56%
EPS beat(4)2
Avg EPS beat(4)-18.12%
Min EPS beat(4)-74.14%
Max EPS beat(4)33.56%
EPS beat(8)3
Avg EPS beat(8)-17.19%
EPS beat(12)7
Avg EPS beat(12)1.88%
EPS beat(16)7
Avg EPS beat(16)-4.69%
Revenue beat(2)0
Avg Revenue beat(2)-1.06%
Min Revenue beat(2)-1.88%
Max Revenue beat(2)-0.25%
Revenue beat(4)0
Avg Revenue beat(4)-2.7%
Min Revenue beat(4)-8.34%
Max Revenue beat(4)-0.25%
Revenue beat(8)2
Avg Revenue beat(8)-1.91%
Revenue beat(12)3
Avg Revenue beat(12)-1.27%
Revenue beat(16)4
Avg Revenue beat(16)-1.26%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.72%
EPS NY rev (1m)5.1%
EPS NY rev (3m)3.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.74%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.48 | ||
| Fwd PE | 9.04 | ||
| P/S | 0.2 | ||
| P/FCF | 6.77 | ||
| P/OCF | 4.26 | ||
| P/B | 0.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.33 |
EPS(TTM)0.54
EY11.79%
EPS(NY)0.51
Fwd EY11.06%
FCF(TTM)0.68
FCFY14.77%
OCF(TTM)1.07
OCFY23.46%
SpS23.01
BVpS5.89
TBVpS-16.3
PEG (NY)N/A
PEG (5Y)N/A
Graham Number8.46
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -8.5% | ||
| ROE | -53.12% | ||
| ROCE | 6.8% | ||
| ROIC | 5.37% | ||
| ROICexc | 5.5% | ||
| ROICexgc | 16.94% | ||
| OM | 9.93% | ||
| PM (TTM) | N/A | ||
| GM | 21.45% | ||
| FCFM | 2.94% |
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%
ROICexgc growth 3Y2.98%
ROICexgc 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 Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.29 | ||
| Debt/FCF | 37.46 | ||
| Debt/EBITDA | 8.08 | ||
| Cap/Depr | 47.46% | ||
| Cap/Sales | 1.73% | ||
| Interest Coverage | 1.19 | ||
| Cash Conversion | 34.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.2 | ||
| Quick Ratio | 1.3 | ||
| Altman-Z | 1.37 |
F-Score4
WACC7.09%
ROIC/WACC0.76
Cap/Depr(3y)34.98%
Cap/Depr(5y)39.89%
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)-21.74%
EPS 3Y-27.93%
EPS 5Y-15.66%
EPS Q2Q%15.38%
EPS Next Y-24.48%
EPS Next 2Y-14.94%
EPS Next 3Y-1.12%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.04%
Revenue growth 3Y-2.05%
Revenue growth 5Y3.08%
Sales Q2Q%-4.72%
Revenue Next Year-5.29%
Revenue Next 2Y-3.5%
Revenue Next 3Y-2.22%
Revenue Next 5YN/A
EBIT growth 1Y-44.47%
EBIT growth 3Y-0.88%
EBIT growth 5Y0.92%
EBIT Next Year21.95%
EBIT Next 3Y7.65%
EBIT Next 5YN/A
FCF growth 1Y-71.27%
FCF growth 3Y27.08%
FCF growth 5Y90.64%
OCF growth 1Y-59.09%
OCF growth 3Y11.71%
OCF growth 5Y23%
B&G FOODS INC / BGS FAQ
What is the fundamental rating for BGS stock?
ChartMill assigns a fundamental rating of 3 / 10 to BGS.
What is the valuation status of B&G FOODS INC (BGS) stock?
ChartMill assigns a valuation rating of 6 / 10 to B&G FOODS INC (BGS). This can be considered as Fairly Valued.
What is the profitability of BGS stock?
B&G FOODS INC (BGS) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for BGS stock?
The Price/Earnings (PE) ratio for B&G FOODS INC (BGS) is 8.48 and the Price/Book (PB) ratio is 0.78.
What is the financial health of B&G FOODS INC (BGS) stock?
The financial health rating of B&G FOODS INC (BGS) is 3 / 10.