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 89 industry peers in the Food Products industry. BGS may be in some trouble as it scores bad on both profitability and health. BGS is valued quite cheap, 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.
Each year in the past 5 years BGS had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BGS (-7.12%) is worse than 74.16% of its industry peers.
With a Return On Equity value of -40.96%, BGS is not doing good in the industry: 76.40% of the companies in the same industry are doing better.
BGS has a Return On Invested Capital of 5.63%. This is comparable to the rest of the industry: BGS outperforms 53.93% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BGS is below the industry average of 8.83%.
The 3 year average ROIC (5.46%) for BGS is below the current ROIC(5.63%), indicating increased profibility in the last year.
| 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 75.28% of its industry peers.
BGS's Operating Margin has declined in the last couple of years.
BGS has a Gross Margin of 21.41%. This is comparable to the rest of the industry: BGS outperforms 49.44% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so BGS is destroying value.
BGS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for BGS has been increased compared to 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 1.40, we must say that BGS is in the distress zone and has some risk of bankruptcy.
BGS's Altman-Z score of 1.40 is on the low side compared to the rest of the industry. BGS is outperformed by 66.29% 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.
BGS has a Debt to FCF ratio of 16.93. This is comparable to the rest of the industry: BGS outperforms 49.44% of its industry peers.
A Debt/Equity ratio of 3.90 is on the high side and indicates that BGS has dependencies on debt financing.
BGS has a Debt to Equity ratio of 3.90. This is amonst the worse of the industry: BGS underperforms 89.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.9 | ||
| Debt/FCF | 16.93 | ||
| Altman-Z | 1.4 |
ROIC/WACC0.8
WACC7.04%
2.3 Liquidity
A Current Ratio of 3.32 indicates that BGS has no problem at all paying its short term obligations.
BGS has a better Current ratio (3.32) than 85.39% 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.
With a decent Quick ratio value of 1.07, BGS is doing good in the industry, outperforming 65.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.32 | ||
| Quick Ratio | 1.07 |
3. Growth
3.1 Past
The earnings per share for BGS have decreased strongly by -37.78% in the last year.
Measured over the past years, BGS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.66% on average per year.
The Revenue has decreased by -7.06% in the past year.
The Revenue has been growing slightly by 3.08% on average over the past years.
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 11.47% on average over the next years. This is quite good.
Based on estimates for the next years, BGS will show a decrease in Revenue. The Revenue will decrease by -0.43% on average per year.
EPS Next Y-3.45%
EPS Next 2Y0.74%
EPS Next 3Y11.47%
EPS Next 5YN/A
Revenue Next Year-2.52%
Revenue Next 2Y-1.4%
Revenue Next 3Y-0.43%
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 7.68.
Compared to the rest of the industry, the Price/Earnings ratio of BGS indicates a rather cheap valuation: BGS is cheaper than 88.76% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.95, BGS is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.05, the valuation of BGS can be described as very cheap.
Based on the Price/Forward Earnings ratio, BGS is valued cheaply inside the industry as 98.88% of the companies are valued more expensively.
BGS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 6.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BGS is valued a bit cheaper than 73.03% of the companies in the same industry.
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 | 2.87 | ||
| EV/EBITDA | 7.97 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.74%
EPS Next 3Y11.47%
5. Dividend
5.1 Amount
BGS has a Yearly Dividend Yield of 16.89%, which is a nice return.
The stock price of BGS dropped by -28.69% 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 4.63, 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 2.41, BGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.89% |
5.2 History
The dividend of BGS decreases each year by -16.37%.
BGS has been paying a dividend for at least 10 years, so it has 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
BGS has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-28.61%
EPS Next 2Y0.74%
EPS Next 3Y11.47%
4.3
-0.2 (-4.44%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners69.72%
Inst Owner Change-2.84%
Ins Owners3.08%
Ins Owner Change12.58%
Market Cap340.30M
Analysts48.57
Price Target7.43 (72.79%)
Short Float %18.12%
Short Ratio5.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 16.89% |
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)-4.34%
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)0%
EPS NQ rev (3m)9.6%
EPS NY rev (1m)-0.47%
EPS NY rev (3m)-0.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.02%
Revenue NY rev (1m)-1.76%
Revenue NY rev (3m)-2.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 6.05 | ||
| P/S | 0.18 | ||
| P/FCF | 2.87 | ||
| P/OCF | 2.29 | ||
| P/B | 0.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.97 |
EPS(TTM)0.56
EY13.02%
EPS(NY)0.71
Fwd EY16.52%
FCF(TTM)1.5
FCFY34.83%
OCF(TTM)1.88
OCFY43.65%
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 | 1.4 |
F-Score4
WACC7.04%
ROIC/WACC0.8
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-3.45%
EPS Next 2Y0.74%
EPS Next 3Y11.47%
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-2.52%
Revenue Next 2Y-1.4%
Revenue Next 3Y-0.43%
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%