B&G FOODS INC (BGS) Stock Fundamental Analysis
NYSE:BGS - New York Stock Exchange, Inc. - US05508R1068 - Common Stock - Currency: USD
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 may be in some trouble as it scores bad on both profitability and health. BGS has a bad growth rate and is valued cheaply.
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
BGS has a Return On Assets of -7.12%. This is in the lower half of the industry: BGS underperforms 73.33% of its industry peers.
BGS has a Return On Equity of -40.96%. This is in the lower half of the industry: BGS underperforms 74.44% of its industry peers.
The Return On Invested Capital of BGS (5.63%) is comparable to the rest of the industry.
BGS had an Average Return On Invested Capital over the past 3 years of 5.46%. This is below the industry average of 8.67%.
The last Return On Invested Capital (5.63%) for BGS is above the 3 year average (5.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.12% | ||
| ROE | -40.96% | ||
| ROIC | 5.63% |
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's Operating Margin of 10.31% is fine compared to the rest of the industry. BGS outperforms 75.56% of its industry peers.
In the last couple of years the Operating Margin of BGS has declined.
BGS's Gross Margin of 21.41% is in line compared to the rest of the industry. BGS outperforms 50.00% 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 | 10.31% | ||
| PM (TTM) | N/A | ||
| GM | 21.41% |
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.
BGS has more shares outstanding than it did 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
BGS has an Altman-Z score of 1.39. This is a bad value and indicates that BGS is not financially healthy and even has some risk of bankruptcy.
BGS's Altman-Z score of 1.39 is on the low side compared to the rest of the industry. BGS is outperformed by 64.44% of its industry peers.
BGS has a debt to FCF ratio of 16.93. This is a negative value and a sign of low solvency as BGS would need 16.93 years to pay back of all of its debts.
The Debt to FCF ratio of BGS (16.93) is comparable to the rest of the industry.
BGS has a Debt/Equity ratio of 3.90. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.90, BGS is not doing good in the industry: 90.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.9 | ||
| Debt/FCF | 16.93 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.81
WACC6.98%
2.3 Liquidity
BGS has a Current Ratio of 3.32. This indicates that BGS is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of BGS (3.32) is better than 85.56% of its industry peers.
BGS has a Quick Ratio of 1.07. 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 1.07 is fine compared to the rest of the industry. BGS outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.32 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
BGS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.78%.
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 -7.06% in the last year.
Measured over the past years, BGS shows a small growth in Revenue. The Revenue has been growing by 3.08% on average per year.
EPS 1Y (TTM)-37.78%
EPS 3Y-27.93%
EPS 5Y-15.66%
EPS Q2Q%-77.78%
Revenue 1Y (TTM)-7.06%
Revenue growth 3Y-2.05%
Revenue growth 5Y3.08%
Sales Q2Q%-10.48%
3.2 Future
The Earnings Per Share is expected to grow by 4.88% on average over the next years.
BGS is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.81% yearly.
EPS Next Y-19.22%
EPS Next 2Y-6.61%
EPS Next 3Y4.88%
EPS Next 5YN/A
Revenue Next Year-3.34%
Revenue Next 2Y-1.66%
Revenue Next 3Y-0.81%
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 cheaply with a Price/Earnings ratio of 7.23.
Based on the Price/Earnings ratio, BGS is valued cheaply inside the industry as 92.22% of the companies are valued more expensively.
BGS is valuated cheaply when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.63 indicates a rather cheap valuation of BGS.
Based on the Price/Forward Earnings ratio, BGS is valued cheaper than 100.00% of the companies in the same industry.
BGS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 6.63 |
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 72.22% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BGS is valued cheaply inside the industry as 92.22% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.7 | ||
| EV/EBITDA | 7.9 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.61%
EPS Next 3Y4.88%
5. Dividend
5.1 Amount
BGS has a Yearly Dividend Yield of 17.04%, which is a nice return.
The stock price of BGS dropped by -39.28% 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 4.58, 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 2.36, BGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.04% |
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-28.61%
EPS Next 2Y-6.61%
EPS Next 3Y4.88%
4.05
-0.03 (-0.74%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners69.72%
Inst Owner Change12.51%
Ins Owners3.08%
Ins Owner Change12.22%
Market Cap320.52M
Analysts48.57
Price Target7.43 (83.46%)
Short Float %18.12%
Short Ratio5.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.04% |
Yearly Dividend0.76
Dividend Growth(5Y)-16.37%
DP-28.61%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-36.59%
Min EPS beat(2)-74.14%
Max EPS beat(2)0.96%
EPS beat(4)1
Avg EPS beat(4)-31.92%
Min EPS beat(4)-74.14%
Max EPS beat(4)0.96%
EPS beat(8)4
Avg EPS beat(8)-8.07%
EPS beat(12)6
Avg EPS beat(12)-4.5%
EPS beat(16)6
Avg EPS beat(16)-5.82%
Revenue beat(2)0
Avg Revenue beat(2)-4.33%
Min Revenue beat(2)-8.34%
Max Revenue beat(2)-0.33%
Revenue beat(4)1
Avg Revenue beat(4)-2.8%
Min Revenue beat(4)-8.34%
Max Revenue beat(4)1%
Revenue beat(8)2
Avg Revenue beat(8)-1.85%
Revenue beat(12)3
Avg Revenue beat(12)-1.38%
Revenue beat(16)6
Avg Revenue beat(16)-0.65%
PT rev (1m)0%
PT rev (3m)-9.73%
EPS NQ rev (1m)-28.02%
EPS NQ rev (3m)-21.11%
EPS NY rev (1m)-16.34%
EPS NY rev (3m)-16.6%
Revenue NQ rev (1m)-1.79%
Revenue NQ rev (3m)-2.79%
Revenue NY rev (1m)-2.59%
Revenue NY rev (3m)-3.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 6.63 | ||
| P/S | 0.17 | ||
| P/FCF | 2.7 | ||
| P/OCF | 2.16 | ||
| P/B | 0.62 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.9 |
EPS(TTM)0.56
EY13.83%
EPS(NY)0.61
Fwd EY15.08%
FCF(TTM)1.5
FCFY36.98%
OCF(TTM)1.88
OCFY46.34%
SpS23.79
BVpS6.48
TBVpS-16.63
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.12% | ||
| ROE | -40.96% | ||
| ROCE | 7.12% | ||
| ROIC | 5.63% | ||
| ROICexc | 5.76% | ||
| ROICexgc | 18.37% | ||
| OM | 10.31% | ||
| PM (TTM) | N/A | ||
| GM | 21.41% | ||
| FCFM | 6.3% |
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 Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.9 | ||
| Debt/FCF | 16.93 | ||
| Debt/EBITDA | 6.98 | ||
| Cap/Depr | 32.42% | ||
| Cap/Sales | 1.59% | ||
| Interest Coverage | 1.28 | ||
| Cash Conversion | 51.81% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.32 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 1.39 |
F-Score4
WACC6.98%
ROIC/WACC0.81
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)-37.78%
EPS 3Y-27.93%
EPS 5Y-15.66%
EPS Q2Q%-77.78%
EPS Next Y-19.22%
EPS Next 2Y-6.61%
EPS Next 3Y4.88%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.06%
Revenue growth 3Y-2.05%
Revenue growth 5Y3.08%
Sales Q2Q%-10.48%
Revenue Next Year-3.34%
Revenue Next 2Y-1.66%
Revenue Next 3Y-0.81%
Revenue Next 5YN/A
EBIT growth 1Y-43.57%
EBIT growth 3Y-0.88%
EBIT growth 5Y0.92%
EBIT Next Year30.36%
EBIT Next 3Y12.24%
EBIT Next 5YN/A
FCF growth 1Y279.88%
FCF growth 3Y27.08%
FCF growth 5Y90.64%
OCF growth 1Y195.3%
OCF growth 3Y11.71%
OCF growth 5Y23%