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
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

$3.83

05 Aug
2022

0.100

OPEN

$3.73

2.68%

HIGH

$3.83

1,096,627

LOW

$3.69

TARGET
$3.30 -13.8% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
A2M . MGC . FSF . SM1 . NUC . BUB . BFC . TFL . NUC .
FNARENA'S MARKET CONSENSUS FORECASTS
BGA: 1
Title FY20
Actual
FY21
Actual
FY22
Forecast
FY23
Forecast
EPS (cps) xxx 27.3 14.4 xxx
DPS (cps) xxx 10.0 11.0 xxx
EPS Growth xxx 100.0% - 47.3% xxx
DPS Growth xxx 1.7% 10.0% xxx
PE Ratio xxx N/A 26.6 xxx
Dividend Yield xxx N/A 2.9% xxx
Div Pay Ratio(%) xxx 36.6% 76.4% xxx

Dividend yield today if purchased 3 years ago: 2.54%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

2.61

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: 01/03 - ex-div 5.5c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx27.3
DPS All xxxxxxxxxxxxxxx10.0
Sales/Revenue xxxxxxxxxxxxxxx2,073.4 M
Book Value Per Share xxxxxxxxxxxxxxx416.6
Net Operating Cash Flow xxxxxxxxxxxxxxx111.4 M
Net Profit Margin xxxxxxxxxxxxxxx3.48 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Capital Employed xxxxxxxxxxxxxxx6.96 %
Return on Invested Capital xxxxxxxxxxxxxxx5.15 %
Return on Assets xxxxxxxxxxxxxxx3.69 %
Return on Equity xxxxxxxxxxxxxxx6.96 %
Return on Total Capital xxxxxxxxxxxxxxx4.57 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx65.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

-0.2

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

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

15/07/2022

3

Neutral

$3.50

-8.62%

A disappointing market update from Bega Cheese according to UBS, with the company guiding to FY23 earnings between $160-190m, -22% below consensus forecasts and -15% below UBS.

The broker previously flagged headwinds, and the company reiterated these, stating difficulty in passing on sharp increases in milk costs to customers. UBS previously assumed a 10% price increase would recover some costs, but is now anticipating a more modest 5% increase in FY23.

The Neutral rating is retained and the target price decreases to $3.50 from $4.75.

FORECAST
UBS forecasts a full year FY22 EPS of 15.00 cents.
UBS forecasts a full year FY23 EPS of 11.00 cents.

Ord Minnett

xx/xx/xxxx

4

xxxxxxxxx xx xxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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

BGA STOCK CHART