BUNGE GLOBAL SA (BG) Stock Fundamental Analysis
NYSE:BG - CH1300646267 - Common Stock
87.11 USD
+3.71 (+4.45%)
86.65 USD
-0.46 (-0.53%)
BG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 90 industry peers in the Food Products industry. BG has an average financial health and profitability rating. BG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
BG had positive earnings in the past year.
In the past year BG had a positive cash flow from operations.
BG had positive earnings in each of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: BG reported negative operating cash flow in multiple years.
1.2 Ratios
BG has a better Return On Assets (4.42%) than 64.44% of its industry peers.
With a decent Return On Equity value of 12.66%, BG is doing good in the industry, outperforming 72.22% of the companies in the same industry.
BG's Return On Invested Capital of 5.23% is in line compared to the rest of the industry. BG outperforms 57.78% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BG is significantly below the industry average of 27.79%.
The last Return On Invested Capital (5.23%) for BG is well below the 3 year average (10.77%), which needs to be investigated, but indicates that BG had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.42% | ||
| ROE | 12.66% | ||
| ROIC | 5.23% |
ROA(3y)6.65%
ROA(5y)6.66%
ROE(3y)16.17%
ROE(5y)18.73%
ROIC(3y)10.77%
ROIC(5y)10.22%
1.3 Margins
With a decent Profit Margin value of 2.71%, BG is doing good in the industry, outperforming 61.11% of the companies in the same industry.
BG's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.24%, BG is in line with its industry, outperforming 48.89% of the companies in the same industry.
BG's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 6.27%, BG is doing worse than 84.44% of the companies in the same industry.
In the last couple of years the Gross Margin of BG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.24% | ||
| PM (TTM) | 2.71% | ||
| GM | 6.27% |
OM growth 3Y-7.82%
OM growth 5Y6.69%
PM growth 3Y-14.75%
PM growth 5YN/A
GM growth 3Y2.27%
GM growth 5Y3.43%
2. Health
2.1 Basic Checks
BG has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
BG has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, BG has less shares outstanding
BG has a worse debt/assets ratio than last year.
2.2 Solvency
BG has an Altman-Z score of 3.33. This indicates that BG is financially healthy and has little risk of bankruptcy at the moment.
BG has a Altman-Z score of 3.33. This is in the better half of the industry: BG outperforms 71.11% of its industry peers.
BG has a Debt/Equity ratio of 0.97. This is a neutral value indicating BG is somewhat dependend on debt financing.
BG has a worse Debt to Equity ratio (0.97) than 68.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.33 |
ROIC/WACC0.68
WACC7.68%
2.3 Liquidity
BG has a Current Ratio of 2.07. This indicates that BG is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.07, BG is doing good in the industry, outperforming 67.78% of the companies in the same industry.
A Quick Ratio of 1.29 indicates that BG should not have too much problems paying its short term obligations.
BG has a better Quick ratio (1.29) than 72.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
BG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.21%.
The Earnings Per Share has been growing by 20.28% on average over the past years. This is a very strong growth
Looking at the last year, BG shows a decrease in Revenue. The Revenue has decreased by -8.88% in the last year.
Measured over the past years, BG shows a small growth in Revenue. The Revenue has been growing by 5.24% on average per year.
EPS 1Y (TTM)-34.21%
EPS 3Y-10.8%
EPS 5Y20.28%
EPS Q2Q%-24.28%
Revenue 1Y (TTM)-8.88%
Revenue growth 3Y-3.53%
Revenue growth 5Y5.24%
Sales Q2Q%-3.56%
3.2 Future
Based on estimates for the next years, BG will show a small growth in Earnings Per Share. The EPS will grow by 0.90% on average per year.
BG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.78% yearly.
EPS Next Y-17.31%
EPS Next 2Y-3.3%
EPS Next 3Y0.9%
EPS Next 5YN/A
Revenue Next Year-1.65%
Revenue Next 2Y1.92%
Revenue Next 3Y9.78%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 11.55 indicates a reasonable valuation of BG.
77.78% of the companies in the same industry are more expensive than BG, based on the Price/Earnings ratio.
BG is valuated cheaply when we compare the Price/Earnings ratio to 27.24, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.14, the valuation of BG can be described as very reasonable.
BG's Price/Forward Earnings ratio is rather cheap when compared to the industry. BG is cheaper than 90.00% of the companies in the same industry.
BG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.55 | ||
| Fwd PE | 10.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BG is valued a bit cheaper than the industry average as 74.44% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.71 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.57
EPS Next 2Y-3.3%
EPS Next 3Y0.9%
5. Dividend
5.1 Amount
BG has a Yearly Dividend Yield of 3.36%.
Compared to an average industry Dividend Yield of 4.61, BG pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, BG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
5.2 History
The dividend of BG has a limited annual growth rate of 3.89%.
BG has paid a dividend for at least 10 years, which is a reliable track record.
BG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.89%
Div Incr Years4
Div Non Decr Years23
5.3 Sustainability
BG pays out 27.00% of its income as dividend. This is a sustainable payout ratio.
The dividend of BG is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP27%
EPS Next 2Y-3.3%
EPS Next 3Y0.9%
87.11
+3.71 (+4.45%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners113.3%
Inst Owner Change4.22%
Ins Owners1.19%
Ins Owner Change10.99%
Market Cap17.43B
Analysts78.95
Price Target92.75 (6.47%)
Short Float %2.35%
Short Ratio1.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
Yearly Dividend2.71
Dividend Growth(5Y)3.89%
DP27%
Div Incr Years4
Div Non Decr Years23
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.59%
Min EPS beat(2)11.48%
Max EPS beat(2)35.7%
EPS beat(4)3
Avg EPS beat(4)10.71%
Min EPS beat(4)-7.78%
Max EPS beat(4)35.7%
EPS beat(8)6
Avg EPS beat(8)12.16%
EPS beat(12)8
Avg EPS beat(12)13.44%
EPS beat(16)11
Avg EPS beat(16)22.64%
Revenue beat(2)1
Avg Revenue beat(2)-5.3%
Min Revenue beat(2)-13.41%
Max Revenue beat(2)2.81%
Revenue beat(4)1
Avg Revenue beat(4)-3.96%
Min Revenue beat(4)-13.41%
Max Revenue beat(4)2.81%
Revenue beat(8)1
Avg Revenue beat(8)-5.75%
Revenue beat(12)3
Avg Revenue beat(12)-5.52%
Revenue beat(16)5
Avg Revenue beat(16)-3.86%
PT rev (1m)0.22%
PT rev (3m)2.35%
EPS NQ rev (1m)-27.38%
EPS NQ rev (3m)-29.1%
EPS NY rev (1m)-5.37%
EPS NY rev (3m)-4.72%
Revenue NQ rev (1m)3.08%
Revenue NQ rev (3m)-1.32%
Revenue NY rev (1m)0.71%
Revenue NY rev (3m)1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.55 | ||
| Fwd PE | 10.14 | ||
| P/S | 0.34 | ||
| P/FCF | N/A | ||
| P/OCF | 17.04 | ||
| P/B | 1.6 | ||
| P/tB | 1.72 | ||
| EV/EBITDA | 7.71 |
EPS(TTM)7.54
EY8.66%
EPS(NY)8.59
Fwd EY9.86%
FCF(TTM)-2.68
FCFYN/A
OCF(TTM)5.11
OCFY5.87%
SpS254.23
BVpS54.4
TBVpS50.52
PEG (NY)N/A
PEG (5Y)0.57
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.42% | ||
| ROE | 12.66% | ||
| ROCE | 7.94% | ||
| ROIC | 5.23% | ||
| ROICexc | 7.68% | ||
| ROICexgc | 8.06% | ||
| OM | 3.24% | ||
| PM (TTM) | 2.71% | ||
| GM | 6.27% | ||
| FCFM | N/A |
ROA(3y)6.65%
ROA(5y)6.66%
ROE(3y)16.17%
ROE(5y)18.73%
ROIC(3y)10.77%
ROIC(5y)10.22%
ROICexc(3y)12.86%
ROICexc(5y)11.97%
ROICexgc(3y)13.65%
ROICexgc(5y)12.78%
ROCE(3y)14.6%
ROCE(5y)14.18%
ROICexcg growth 3Y-15.42%
ROICexcg growth 5Y5.22%
ROICexc growth 3Y-14.88%
ROICexc growth 5Y6.42%
OM growth 3Y-7.82%
OM growth 5Y6.69%
PM growth 3Y-14.75%
PM growth 5YN/A
GM growth 3Y2.27%
GM growth 5Y3.43%
F-Score4
Asset Turnover1.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.97 | ||
| Cap/Depr | 326.15% | ||
| Cap/Sales | 3.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 48.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.07 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z | 3.33 |
F-Score4
WACC7.68%
ROIC/WACC0.68
Cap/Depr(3y)226.28%
Cap/Depr(5y)171.37%
Cap/Sales(3y)1.77%
Cap/Sales(5y)1.37%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.21%
EPS 3Y-10.8%
EPS 5Y20.28%
EPS Q2Q%-24.28%
EPS Next Y-17.31%
EPS Next 2Y-3.3%
EPS Next 3Y0.9%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.88%
Revenue growth 3Y-3.53%
Revenue growth 5Y5.24%
Sales Q2Q%-3.56%
Revenue Next Year-1.65%
Revenue Next 2Y1.92%
Revenue Next 3Y9.78%
Revenue Next 5YN/A
EBIT growth 1Y-26.83%
EBIT growth 3Y-11.07%
EBIT growth 5Y12.28%
EBIT Next Year12.83%
EBIT Next 3Y12.3%
EBIT Next 5YN/A
FCF growth 1Y64.36%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y265%
OCF growth 3YN/A
OCF growth 5YN/A