BGS

B&G Foods

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Consumer Defensive

industry

Packaged Foods

Exchange

NYSE

County of HQ

United States

Next Earnings Date

05/06/26

Business Summary

B&G Foods operates by acquiring and managing a portfolio of packaged food brands within the Consumer Defensive sector, monetizing steady grocery demand through established distribution channels. The model relies on brand equity, shelf space control, and pricing power within staple categories rather than innovation-driven growth. Cash flow is generated through high-volume retail turnover, with margins dependent on input cost control and scale efficiencies. The moat, such as it is, comes from entrenched retailer relationships and brand recognition, but it is vulnerable if leverage constrains reinvestment or pricing power erodes.

VALUATION

P/E

-

Market Cap ($M USD)

$435

Forward P/E

8

PEG

-

PRICE TO SALES

0.2

PRICE TO BOOK

1

EV / EBITDA

12.6

5-Year Average P/E

DIVIDEND

Yield

14.00%

Annual Payout

$0.76

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-16.70%

Financial Health & Profitability

Earnings Per Share

-$0.54

Next Year EPS Growth Estimate

$0.68

Next Year Revenue Growth Estimate

0.40%

Return on Equity (ROE)

-9.50%

Operating Margin

10.00%

Debt-to-Equity

4.4

Piotroski F-Score

6

Altman Z-Score

1.4

Return on Invested Capital (ROIC)

3.70%%

Current Ratio

3.3

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At 0.2x sales and 1x book with a Forward P/E of 8, the market is pricing BGS like a distressed asset rather than a going concern. However, the Altman Z-Score of 1.4 firmly places it in financial distress territory, meaning the discount is not arbitrary — it reflects balance sheet risk. The combination of a modest Piotroski F-Score of 6 and razor-thin 0.40% ROE suggests operational stabilization but not strength. This is a classic deep value setup where the multiple looks cheap, yet the balance sheet and negative operating margin (-9.50%) make the equity fragile. The market is not mispricing growth — it is discounting survival risk.

AI Exposure / Tech Reliance

As a Consumer Defensive company in Packaged Foods, BGS operates in a low-tech, brand-driven industry with limited direct AI disruption risk. Its resilience comes from staple demand rather than technological edge. AI may improve supply chain efficiency and pricing analytics, but it is unlikely to materially change the company’s competitive position.

The Bull Case

A deep value investor could argue that much of the bad news is already priced in at 0.2x sales and 1x book. The Piotroski F-Score of 6 indicates middling but not deteriorating fundamentals, suggesting operational stabilization rather than collapse. ROIC at 3.70% is positive, meaning capital is still generating returns above zero, and the 3.3 current ratio signals short-term liquidity is not the immediate issue. A Forward P/E of 8 implies that if earnings normalize, equity holders could see multiple expansion. Add in a 4.4 TTM yield and this becomes a potential income-plus-recovery play for investors willing to underwrite balance sheet risk.

The Bear Case

The bear case is brutal. A Debt/Equity ratio of 10.00% signals leverage, and paired with an Altman Z-Score of 1.4, bankruptcy risk cannot be ignored. Operating Margin at -9.50% shows the core business is currently unprofitable, while EPS Next Year estimated at -$0.54 suggests earnings deterioration. Short % of Float at -16.70% reflects meaningful bearish positioning, and the lack of a PEG metric combined with negative forward earnings growth eliminates the GARP argument entirely. This is not a growth story — it is a leveraged turnaround with shrinking profitability.

Market Sentiment & Smart Money

Short Interest %

19.00%

Analyst Consensus

3.33

Average Analyst Price Target

$4.80

Institutional Ownership %

64.30%

1-Year Beta

0.44

Insider Buying % (6 Mo)

4.40%%

Distance to 52-Week High

74.90%%

Distance to 52-Week Low

147.70%%