B&G Foods, Inc. (BGS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+395.6%

$11.97

vs $2.42 price

Levered DCF

$1.05

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

0.96

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-7.78×	-2.23×	-11.8×	-69.69×	29.83×	13.46×	15.57×	11.48×
P/B	0.74×	1.07×	0.93×	0.91×	2.17×	2.14×	1.46×	2.2×
P/S	0.18×	0.29×	0.38×	0.36×	0.97×	0.9×	0.71×	1.17×
EV / EBITDA	12.11×	-30.41×	16.55×	15.72×	14.47×	11.55×	11.3×	9.39×
Gross margin	21.8%	21.8%	22.1%	18.9%	21.3%	24.5%	23.1%	20.5%
Operating margin	5.3%	-9.2%	3.9%	4.6%	9.5%	14.0%	12.3%	20.0%
Net margin	-2.4%	-13.0%	-3.2%	-0.5%	3.3%	6.7%	4.6%	10.1%
Current ratio	3.53×	3.3×	3.06×	3.75×	3.42×	3×	3.05×	2.27×
Debt / equity	4.42×	3.96×	2.53×	2.83×	2.54×	2.85×	2.36×	1.82×
Interest coverage	0.65×	-1.13×	0.53×	0.79×	1.83×	2.72×	2.08×	3.14×
Dividend yield	18.1%	10.7%	7.2%	17.0%	6.1%	6.8%	10.4%	6.3%
Payout ratio	-140.1%	-23.9%	-84.6%	-1172.9%	182.4%	92.3%	161.9%	72.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-9.5%	-47.9%	-7.9%	-1.3%	7.3%	15.9%	9.4%	19.2%
Return on invested capital	3.3%	-4.8%	2.4%	1.6%	3.9%	5.8%	4.9%	9.4%
Return on assets	-1.5%	-8.4%	-1.9%	-0.3%	1.8%	3.5%	2.4%	5.6%
Free cash flow yield	21.1%	18.5%	28.5%	-2.1%	2.5%	14.3%	0.4%	8.5%
Earnings yield	-12.9%	-44.9%	-8.5%	-1.4%	3.4%	7.4%	6.4%	8.7%
Enterprise value	$2.3B	$2.6B	$2.9B	$3.2B	$4.3B	$4.1B	$3.1B	$3.6B
Net debt / EBITDA	10.33×	-23.82×	12.03×	11.86×	7.74×	6.53×	6.97×	4.23×
Cash conversion cycle (days)	111	130	128	151	135	118	136	103