BEGA CHEESE LIMITED (BGA)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

BGA - BEGA CHEESE LIMITED

FNArena Sector : Dairy
Year End: June
GICS Industry Group : Food, Beverage & Tobacco
Debt/EBITDA: 3.26
Index: ASX200 | ASX300 | ALL-ORDS

Bega Cheese is an Australian food company specialising in dairy products and spreads. Founded in 1899 as an agricultural cooperative, it became a listed company in 2011. Brought Vegemite back under local ownership.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.28

29 Nov
2024

0.000

OPEN

$5.27

0.000

HIGH

$5.28

498,558

LOW

$5.13

TARGET
$5.14 -2.7% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
A2M . BFC . BUB . FSF . NUC . NUC . SM1 . TFL .
FNARENA'S MARKET CONSENSUS FORECASTS
BGA: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 10.0 17.9 xxx
DPS (cps) xxx 8.0 10.1 xxx
EPS Growth xxx N/A 78.1% xxx
DPS Growth xxx 6.7% 26.6% xxx
PE Ratio xxx N/A 29.6 xxx
Dividend Yield xxx N/A 1.9% xxx
Div Pay Ratio(%) xxx 79.8% 56.7% xxx

Dividend yield today if purchased 3 years ago: 1.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.52

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 03/09 - ex-div 4c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx10.0
DPS All xxxxxxxxxxxxxxx8.0
Sales/Revenue xxxxxxxxxxxxxxx3,521.6 M
Book Value Per Share xxxxxxxxxxxxxxx333.0
Net Operating Cash Flow xxxxxxxxxxxxxxx134.3 M
Net Profit Margin xxxxxxxxxxxxxxx0.87 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx3.02 %
Return on Invested Capital xxxxxxxxxxxxxxx2.13 %
Return on Assets xxxxxxxxxxxxxxx1.42 %
Return on Equity xxxxxxxxxxxxxxx3.02 %
Return on Total Capital xxxxxxxxxxxxxxx2.78 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx51.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx24 M
Long Term Debt xxxxxxxxxxxxxxx395 M
Total Debt xxxxxxxxxxxxxxx419 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx66 M
Price To Book Value xxxxxxxxxxxxxxx1.28

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx74.6 M
Capex % of Sales xxxxxxxxxxxxxxx2.12 %
Cost of Goods Sold xxxxxxxxxxxxxxx2,823 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx658 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

30/08/2024

3

Neutral

$4.80

-9.09%

Bega Cheese delivered a solid FY24 result, UBS suggests, with cash generation the main upside surprise. After some 18 months of poor operating cash generation this had been a key area of market focus, the broker notes, and Bega clearly delivered.

Good cash flow performance drove a stronger balance sheet which could allow the company to be active again in M&A to bolster Branded or explore capital management.

The other pleasing aspect of the result for UBS was the continued improvement in the Branded segment's profit margins. The broker's FY25 earnings forecast remains unchanged near the top end of guidance.

Target rises to $4.80 from $4.50, Neutral retained.

FORECAST
UBS forecasts a full year FY25 dividend of 10.00 cents and EPS of 18.00 cents.
UBS forecasts a full year FY26 dividend of 10.00 cents and EPS of 22.00 cents.

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

BGA STOCK CHART

FNArena News on BGA

1
Next Week At A Glance – 2-6 Dec 2024

Nov 29 2024 - Weekly Reports
2
Rudi’s View: Trump Beneficiaries & TechOne

Nov 28 2024 - Rudi's View
3
Rudi’s View: The Importance Of ‘Quality’ Growth

Nov 21 2024 - Rudi's View
4
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
5
Rudi’s View: Trump Returns, What Now?

Nov 07 2024 - Rudi's View

Latest Dairy News

1
a2 Milk Starts Paying Dividends

Nov 27 2024 - Australia
2
Buy Call For a2 Milk

Mar 21 2024 - Technicals
3
A2 Milking It

Feb 21 2024 - Australia
4
Treasure Chest: Bega Cheese

Oct 18 2022 - Treasure Chest
5
a2 Milk Pumps Up Growth Expectations

Oct 29 2021 - Australia
6
Bega Cheese: Melting Up?

Jun 01 2021 - Technicals
7
Synlait Milk Eyes Recovery, But Risks Remain

May 26 2021 - Australia
8
A2 Milk At A Crossroad In China?

Apr 22 2021 - Australia
9
Sales Slowdown Hits a2 Milk Guidance

Dec 21 2020 - Australia
10
Uncertainty Prevails For Synlait Milk

Sep 30 2020 - Small Caps