BUNGE GLOBAL SA (BG) Stock Fundamental Analysis
USA - NYSE:BG - CH1300646267 - Common Stock
84.13 USD
+0.16 (+0.19%)
83.93 USD
-0.2 (-0.24%)
Overall BG gets a fundamental rating of 5 out of 10. We evaluated BG against 87 industry peers in the Food Products industry. Both the profitability and the financial health of BG get a neutral evaluation. Nothing too spectacular is happening here. 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.
BG had a positive operating cash flow in the past year.
In the past 5 years BG has always been profitable.
In multiple years BG reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of BG (4.42%) is better than 67.82% of its industry peers.
BG has a better Return On Equity (12.66%) than 75.86% of its industry peers.
BG's Return On Invested Capital of 5.23% is in line compared to the rest of the industry. BG outperforms 57.47% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BG is significantly below the industry average of 28.37%.
The 3 year average ROIC (10.77%) for BG is well above the current ROIC(5.23%). The reason for the recent decline needs to be investigated.
| 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 Profit Margin value of 2.71%, BG perfoms like the industry average, outperforming 58.62% of the companies in the same industry.
In the last couple of years the Profit Margin of BG has declined.
Looking at the Operating Margin, with a value of 3.24%, BG is in line with its industry, outperforming 49.43% of the companies in the same industry.
In the last couple of years the Operating Margin of BG has grown nicely.
BG's Gross Margin of 6.27% is on the low side compared to the rest of the industry. BG is outperformed by 80.46% of its industry peers.
BG's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BG is still creating some value.
The number of shares outstanding for BG has been reduced compared to 1 year ago.
Compared to 5 years ago, BG has less shares outstanding
Compared to 1 year ago, BG has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.32 indicates that BG is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 3.32, BG is doing good in the industry, outperforming 68.97% of the companies in the same industry.
BG has a Debt/Equity ratio of 0.97. This is a neutral value indicating BG is somewhat dependend on debt financing.
BG's Debt to Equity ratio of 0.97 is on the low side compared to the rest of the industry. BG is outperformed by 68.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.32 |
ROIC/WACC0.69
WACC7.55%
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.
BG has a Current ratio of 2.07. This is in the better half of the industry: BG outperforms 65.52% of its industry peers.
A Quick Ratio of 1.29 indicates that BG should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.29, BG is doing good in the industry, outperforming 72.41% of the companies in the same industry.
| 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%.
Measured over the past years, BG shows a very strong growth in Earnings Per Share. The EPS has been growing by 20.28% on average per year.
The Revenue has decreased by -8.88% in the past 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 0.67% on average per year.
The Revenue is expected to grow by 8.76% on average over the next years. This is quite good.
EPS Next Y-16.85%
EPS Next 2Y-3.4%
EPS Next 3Y0.67%
EPS Next 5YN/A
Revenue Next Year-1.55%
Revenue Next 2Y1.93%
Revenue Next 3Y8.76%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.16, the valuation of BG can be described as reasonable.
Based on the Price/Earnings ratio, BG is valued cheaper than 81.61% of the companies in the same industry.
When comparing the Price/Earnings ratio of BG to the average of the S&P500 Index (27.90), we can say BG is valued rather cheaply.
BG is valuated reasonably with a Price/Forward Earnings ratio of 9.81.
Based on the Price/Forward Earnings ratio, BG is valued cheaply inside the industry as 91.95% of the companies are valued more expensively.
BG is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.36, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.16 | ||
| Fwd PE | 9.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BG is valued a bit cheaper than the industry average as 74.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.41 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.55
EPS Next 2Y-3.4%
EPS Next 3Y0.67%
5. Dividend
5.1 Amount
BG has a Yearly Dividend Yield of 3.37%. Purely for dividend investing, there may be better candidates out there.
BG's Dividend Yield is a higher than the industry average which is at 4.91.
Compared to an average S&P500 Dividend Yield of 2.44, BG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
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.
BG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP27%
EPS Next 2Y-3.4%
EPS Next 3Y0.67%
84.13
+0.16 (+0.19%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners74.64%
Inst Owner Change0%
Ins Owners0.81%
Ins Owner Change4.97%
Market Cap16.83B
Analysts79
Price Target92.75 (10.25%)
Short Float %3.43%
Short Ratio2.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.37% |
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%
PT rev (3m)1.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-37.64%
EPS NY rev (1m)0.57%
EPS NY rev (3m)-4.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.98%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)1.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.16 | ||
| Fwd PE | 9.81 | ||
| P/S | 0.33 | ||
| P/FCF | N/A | ||
| P/OCF | 16.45 | ||
| P/B | 1.55 | ||
| P/tB | 1.67 | ||
| EV/EBITDA | 7.41 |
EPS(TTM)7.54
EY8.96%
EPS(NY)8.58
Fwd EY10.19%
FCF(TTM)-2.68
FCFYN/A
OCF(TTM)5.11
OCFY6.08%
SpS254.23
BVpS54.4
TBVpS50.52
PEG (NY)N/A
PEG (5Y)0.55
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 | 3.32 |
F-Score4
WACC7.55%
ROIC/WACC0.69
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-16.85%
EPS Next 2Y-3.4%
EPS Next 3Y0.67%
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-1.55%
Revenue Next 2Y1.93%
Revenue Next 3Y8.76%
Revenue Next 5YN/A
EBIT growth 1Y-26.83%
EBIT growth 3Y-11.07%
EBIT growth 5Y12.28%
EBIT Next Year14.94%
EBIT Next 3Y15.24%
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