B&G FOODS INC (BGS) Stock Fundamental Analysis
NYSE:BGS - New York Stock Exchange, Inc. - US05508R1068 - Common Stock - Currency: USD
Overall BGS gets a fundamental rating of 4 out of 10. We evaluated BGS against 91 industry peers in the Food Products industry. There are concerns on the financial health of BGS while its profitability can be described as average. BGS is cheap, but on the other hand it scores bad on growth.
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.
BGS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -7.12%, BGS is doing worse than 72.53% of the companies in the same industry.
BGS's Return On Equity of -40.96% is on the low side compared to the rest of the industry. BGS is outperformed by 75.82% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.63%, BGS is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BGS is significantly below the industry average of 28.20%.
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 10.32% is fine compared to the rest of the industry. BGS outperforms 75.82% of its industry peers.
BGS's Operating Margin has declined in the last couple of years.
The Gross Margin of BGS (21.41%) 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 | 10.32% | ||
| 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
Compared to 1 year ago, BGS has a worse debt to assets ratio.
2.2 Solvency
BGS has an Altman-Z score of 1.40. This is a bad value and indicates that BGS is not financially healthy and even has some risk of bankruptcy.
BGS has a worse Altman-Z score (1.40) than 61.54% of its industry peers.
The Debt to FCF ratio of BGS is 16.91, which is on the high side as it means it would take BGS, 16.91 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BGS (16.91) 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.
BGS has a Debt to Equity ratio of 3.90. This is amonst the worse of the industry: BGS underperforms 90.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.9 | ||
| Debt/FCF | 16.91 | ||
| Altman-Z | 1.4 |
ROIC/WACC0.81
WACC6.92%
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 Current ratio of 3.32. This is amongst the best in the industry. BGS outperforms 82.42% of its industry peers.
A Quick Ratio of 1.07 indicates that BGS should not have too much problems paying its short term obligations.
BGS's Quick ratio of 1.07 is fine compared to the rest of the industry. BGS outperforms 65.93% 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 -37.35%.
BGS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.66% yearly.
Looking at the last year, BGS shows a decrease in Revenue. The Revenue has decreased by -6.30% 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)-37.35%
EPS 3Y-27.93%
EPS 5Y-15.66%
EPS Q2Q%-50%
Revenue 1Y (TTM)-6.3%
Revenue growth 3Y-2.05%
Revenue growth 5Y3.08%
Sales Q2Q%-4.53%
3.2 Future
The Earnings Per Share is expected to grow by 4.88% on average over the next years.
Based on estimates for the next years, BGS will show a decrease in Revenue. The Revenue will decrease by -0.81% on average per year.
EPS Next Y-18.07%
EPS Next 2Y-5.31%
EPS Next 3Y4.88%
EPS Next 5YN/A
Revenue Next Year-3.39%
Revenue Next 2Y-1.58%
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
A Price/Earnings ratio of 7.90 indicates a rather cheap valuation of BGS.
Based on the Price/Earnings ratio, BGS is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
BGS is valuated cheaply when we compare the Price/Earnings ratio to 27.24, which is the current average of the S&P500 Index.
BGS is valuated cheaply with a Price/Forward Earnings ratio of 6.55.
98.90% of the companies in the same industry are more expensive than BGS, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of BGS to the average of the S&P500 Index (36.42), we can say BGS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 6.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BGS is valued a bit cheaper than the industry average as 70.33% of the companies are valued more expensively.
96.70% of the companies in the same industry are more expensive than BGS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.76 | ||
| EV/EBITDA | 8.06 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.31%
EPS Next 3Y4.88%
5. Dividend
5.1 Amount
BGS has a Yearly Dividend Yield of 18.36%, which is a nice return.
Compared to an average industry Dividend Yield of 4.74, 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 2.40, BGS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.36% |
5.2 History
The dividend of BGS decreases each year by -16.36%.
BGS has paid a dividend for at least 10 years, which is a reliable track record.
BGS has decreased its dividend recently.
Dividend Growth(5Y)-16.36%
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-28.59%
EPS Next 2Y-5.31%
EPS Next 3Y4.88%
4.11
-0.03 (-0.72%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners76.66%
Inst Owner Change0.01%
Ins Owners3.87%
Ins Owner Change17.47%
Market Cap327.98M
Analysts47.69
Price Target5.53 (34.55%)
Short Float %18.37%
Short Ratio5.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.36% |
Yearly Dividend0.76
Dividend Growth(5Y)-16.36%
DP-28.59%
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)-2.98%
PT rev (3m)-25.65%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28.22%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.71%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 6.55 | ||
| P/S | 0.17 | ||
| P/FCF | 2.76 | ||
| P/OCF | 2.21 | ||
| P/B | 0.64 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.06 |
EPS(TTM)0.52
EY12.65%
EPS(NY)0.63
Fwd EY15.27%
FCF(TTM)1.49
FCFY36.18%
OCF(TTM)1.86
OCFY45.33%
SpS23.59
BVpS6.43
TBVpS-16.49
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.12% | ||
| ROE | -40.96% | ||
| ROCE | 7.13% | ||
| ROIC | 5.63% | ||
| ROICexc | 5.76% | ||
| ROICexgc | 18.39% | ||
| OM | 10.32% | ||
| 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 | 16.91 | ||
| Debt/EBITDA | 7.09 | ||
| Cap/Depr | 34.19% | ||
| Cap/Sales | 1.59% | ||
| Interest Coverage | 1.28 | ||
| Cash Conversion | 52.69% | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.32 | ||
| Quick Ratio | 1.07 | ||
| Altman-Z | 1.4 |
F-Score4
WACC6.92%
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)-37.35%
EPS 3Y-27.93%
EPS 5Y-15.66%
EPS Q2Q%-50%
EPS Next Y-18.07%
EPS Next 2Y-5.31%
EPS Next 3Y4.88%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.3%
Revenue growth 3Y-2.05%
Revenue growth 5Y3.08%
Sales Q2Q%-4.53%
Revenue Next Year-3.39%
Revenue Next 2Y-1.58%
Revenue Next 3Y-0.81%
Revenue Next 5YN/A
EBIT growth 1Y-43.49%
EBIT growth 3Y-0.88%
EBIT growth 5Y0.92%
EBIT Next Year24%
EBIT Next 3Y9.52%
EBIT Next 5YN/A
FCF growth 1Y280.28%
FCF growth 3Y27.08%
FCF growth 5Y90.64%
OCF growth 1Y195.55%
OCF growth 3Y11.71%
OCF growth 5Y23%