B&G FOODS INC (BGS)
US05508R1068 - Common Stock
Taking everything into account, BGS scores 4 out of 10 in our fundamental rating. BGS was compared to 90 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 bad growth rate and is valued cheaply.
1. Profitability
1.1 Basic Checks
In the past year BGS was profitable.
In the past year BGS had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: BGS reported negative net income in multiple years.
Each year in the past 5 years BGS had a positive operating cash flow.
1.2 Ratios
BGS has a Return On Assets of -0.77%. This is in the lower half of the industry: BGS underperforms 61.80% of its industry peers.
The Return On Equity of BGS (-3.48%) is worse than 61.80% of its industry peers.
BGS's Return On Invested Capital of 9.03% is amongst the best of the industry. BGS outperforms 82.02% of its industry peers.
BGS had an Average Return On Invested Capital over the past 3 years of 5.03%. This is below the industry average of 8.93%.
The last Return On Invested Capital (9.03%) for BGS is above the 3 year average (5.03%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.77% | ||
| ROE | -3.48% | ||
| ROIC | 9.03% |
ROA(3y)-0.15%
ROA(5y)1.08%
ROE(3y)-0.64%
ROE(5y)4.67%
ROIC(3y)5.03%
ROIC(5y)5.33%
1.3 Margins
BGS has a Operating Margin of 16.82%. This is amongst the best in the industry. BGS outperforms 91.01% of its industry peers.
In the last couple of years the Operating Margin of BGS has grown nicely.
BGS has a Gross Margin (21.87%) which is comparable to the rest of the industry.
BGS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.82% | ||
| PM (TTM) | N/A | ||
| GM | 21.87% |
OM growth 3Y-6.24%
OM growth 5Y3.76%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.37%
GM growth 5Y1.45%
2. Health
2.1 Basic Checks
BGS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for BGS has been increased compared to 1 year ago.
The number of shares outstanding for BGS has been increased compared to 5 years ago.
The debt/assets ratio for BGS has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.43, we must say that BGS is in the distress zone and has some risk of bankruptcy.
BGS's Altman-Z score of 1.43 is on the low side compared to the rest of the industry. BGS is outperformed by 64.04% of its industry peers.
BGS has a debt to FCF ratio of 18.12. This is a negative value and a sign of low solvency as BGS would need 18.12 years to pay back of all of its debts.
BGS has a Debt to FCF ratio (18.12) which is in line with its industry peers.
BGS has a Debt/Equity ratio of 2.40. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of BGS (2.40) is worse than 89.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.4 | ||
| Debt/FCF | 18.12 | ||
| Altman-Z | 1.43 |
ROIC/WACC1.4
WACC6.44%
2.3 Liquidity
A Current Ratio of 1.64 indicates that BGS should not have too much problems paying its short term obligations.
BGS's Current ratio of 1.64 is in line compared to the rest of the industry. BGS outperforms 57.30% of its industry peers.
A Quick Ratio of 0.49 indicates that BGS may have some problems paying its short term obligations.
BGS's Quick ratio of 0.49 is on the low side compared to the rest of the industry. BGS is outperformed by 79.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.64 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
The earnings per share for BGS have decreased strongly by -36.70% in the last year.
The earnings per share for BGS have been decreasing by -11.66% on average. This is quite bad
BGS shows a decrease in Revenue. In the last year, the revenue decreased by -7.04%.
The Revenue has been growing slightly by 3.93% on average over the past years.
EPS 1Y (TTM)-36.7%
EPS 3Y-24.05%
EPS 5Y-11.66%
EPS Q2Q%-51.85%
Revenue 1Y (TTM)-7.04%
Revenue growth 3Y1.57%
Revenue growth 5Y3.93%
Sales Q2Q%-8.29%
3.2 Future
Based on estimates for the next years, BGS will show a decrease in Earnings Per Share. The EPS will decrease by -4.75% on average per year.
The Revenue is expected to decrease by -1.67% on average over the next years.
EPS Next Y-28.12%
EPS Next 2Y-16.14%
EPS Next 3Y-4.75%
EPS Next 5YN/A
Revenue Next Year-5.59%
Revenue Next 2Y-2.81%
Revenue Next 3Y-1.67%
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
A Price/Earnings ratio of 9.25 indicates a reasonable valuation of BGS.
94.38% of the companies in the same industry are more expensive than BGS, based on the Price/Earnings ratio.
BGS is valuated cheaply when we compare the Price/Earnings ratio to 28.96, which is the current average of the S&P500 Index.
BGS is valuated reasonably with a Price/Forward Earnings ratio of 9.16.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BGS indicates a rather cheap valuation: BGS is cheaper than 94.38% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.82. BGS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.25 | ||
| Fwd PE | 9.16 |
4.2 Price Multiples
86.52% of the companies in the same industry are more expensive than BGS, based on the Enterprise Value to EBITDA ratio.
BGS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BGS is cheaper than 93.26% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.4 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
A cheap valuation may be justified as BGS's earnings are expected to decrease with -4.75% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-16.14%
EPS Next 3Y-4.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 12.08%, BGS is a good candidate for dividend investing.
The stock price of BGS dropped by -24.14% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.80, BGS pays a better dividend. On top of this BGS pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.23, BGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.08% |
5.2 History
The dividend of BGS decreases each year by -11.46%.
BGS has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-11.46%
Div Incr Years0
Div Non Decr Years0
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.
BGS's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-228.13%
EPS Next 2Y-16.14%
EPS Next 3Y-4.75%
B&G FOODS INC
NYSE:BGS (11/21/2024, 8:14:53 PM)
After market: 6.45 +0.07 (+1.1%)6.38
+0.11 (+1.75%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap505.04M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.08% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
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Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.25 | ||
| Fwd PE | 9.16 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.77% | ||
| ROE | -3.48% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 16.82% | ||
| PM (TTM) | N/A | ||
| GM | 21.87% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.4 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.64 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-36.7%
EPS 3Y-24.05%
EPS 5Y
EPS Q2Q%
EPS Next Y-28.12%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-7.04%
Revenue growth 3Y1.57%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
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