B&G FOODS INC (BGS)
US05508R1068 - Common Stock
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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
BGS had positive earnings in the past year.
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.
In the past 5 years BGS always reported a positive cash flow from operatings.
1.2 Ratios
BGS has a Return On Assets (-1.91%) which is comparable to the rest of the industry.
The Return On Equity of BGS (-7.91%) is worse than 62.64% of its industry peers.
BGS has a better Return On Invested Capital (8.67%) than 82.42% of its industry peers.
BGS had an Average Return On Invested Capital over the past 3 years of 5.03%. This is below the industry average of 7.56%.
The 3 year average ROIC (5.03%) for BGS is below the current ROIC(8.67%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.91% | ||
| ROE | -7.91% | ||
| ROIC | 8.67% |
ROA(3y)-0.15%
ROA(5y)1.08%
ROE(3y)-0.64%
ROE(5y)4.67%
ROIC(3y)5.03%
ROIC(5y)5.33%
1.3 Margins
Looking at the Operating Margin, with a value of 17.03%, BGS belongs to the top of the industry, outperforming 94.51% of the companies in the same industry.
In the last couple of years the Operating Margin of BGS has grown nicely.
With a Gross Margin value of 22.09%, BGS perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
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 | 17.03% | ||
| PM (TTM) | N/A | ||
| GM | 22.09% |
OM growth 3Y-6.24%
OM growth 5Y3.76%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.37%
GM growth 5Y1.45%
2. Health
2.1 Basic Checks
BGS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for BGS has been increased compared to 1 year ago.
BGS has more shares outstanding than it did 5 years ago.
BGS has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.62, we must say that BGS is in the distress zone and has some risk of bankruptcy.
BGS's Altman-Z score of 1.62 is in line compared to the rest of the industry. BGS outperforms 40.66% of its industry peers.
BGS has a debt to FCF ratio of 9.22. This is a negative value and a sign of low solvency as BGS would need 9.22 years to pay back of all of its debts.
BGS has a Debt to FCF ratio (9.22) which is in line with its industry peers.
A Debt/Equity ratio of 2.42 is on the high side and indicates that BGS has dependencies on debt financing.
With a Debt to Equity ratio value of 2.42, BGS is not doing good in the industry: 90.11% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | 9.22 | ||
| Altman-Z | 1.62 |
ROIC/WACC1.3
WACC6.65%
2.3 Liquidity
A Current Ratio of 3.06 indicates that BGS has no problem at all paying its short term obligations.
BGS has a better Current ratio (3.06) than 86.81% of its industry peers.
A Quick Ratio of 0.89 indicates that BGS may have some problems paying its short term obligations.
The Quick ratio of BGS (0.89) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.06 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The earnings per share for BGS have decreased strongly by -11.61% in the last year.
The earnings per share for BGS have been decreasing by -11.66% on average. This is quite bad
Looking at the last year, BGS shows a decrease in Revenue. The Revenue has decreased by -4.66% in the last year.
Measured over the past years, BGS shows a small growth in Revenue. The Revenue has been growing by 3.93% on average per year.
EPS 1Y (TTM)-11.61%
EPS 3Y-24.05%
EPS 5Y-11.66%
EPS growth Q2Q-25%
Revenue 1Y (TTM)-4.66%
Revenue growth 3Y1.57%
Revenue growth 5Y3.93%
Revenue growth Q2Q-7.23%
3.2 Future
Based on estimates for the next years, BGS will show a small growth in Earnings Per Share. The EPS will grow by 7.61% on average per year.
The Revenue is expected to decrease by -0.35% on average over the next years.
EPS Next Y-11.97%
EPS Next 2Y-2.32%
EPS Next 3Y7.61%
EPS Next 5YN/A
Revenue Next Year-3.47%
Revenue Next 2Y-1.31%
Revenue Next 3Y-0.35%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.84, the valuation of BGS can be described as very reasonable.
BGS's Price/Earnings ratio is rather cheap when compared to the industry. BGS is cheaper than 90.11% of the companies in the same industry.
BGS is valuated cheaply when we compare the Price/Earnings ratio to 24.76, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 12.31, the valuation of BGS can be described as correct.
84.62% of the companies in the same industry are more expensive than BGS, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.26, BGS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.84 | ||
| Fwd PE | 12.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BGS is valued cheaper than 87.91% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BGS is valued cheaper than 94.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.8 | ||
| EV/EBITDA | 6.74 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-2.32%
EPS Next 3Y7.61%
5. Dividend
5.1 Amount
BGS has a Yearly Dividend Yield of 6.94%, which is a nice return.
Compared to an average industry Dividend Yield of 3.56, BGS pays a better dividend. On top of this BGS pays more dividend than 98.90% of the companies listed in the same industry.
BGS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.94% |
5.2 History
The dividend of BGS decreases each year by -11.46%.
BGS has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-11.46%
Div Incr Years0
Div Non Decr Years0
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-84.7%
EPS Next 2Y-2.32%
EPS Next 3Y7.61%
B&G FOODS INC
NYSE:BGS (4/19/2024, 7:04:00 PM)
After market: 10.73 0 (0%)10.73
+0.15 (+1.42%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap843.59M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.94% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.84 | ||
| Fwd PE | 12.31 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.91% | ||
| ROE | -7.91% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 17.03% | ||
| PM (TTM) | N/A | ||
| GM | 22.09% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.06 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-11.61%
EPS 3Y-24.05%
EPS 5Y
EPS growth Q2Q
EPS Next Y-11.97%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-4.66%
Revenue growth 3Y1.57%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y