Bega Cheese (BGA) Stock Overview
Bega Cheese Limited receives, processes, manufactures, and distributes dairy and other food-related products in Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
BGA Community Fair Values
Create NarrativeSee what 23 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Bega Cheese Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$5.79 |
| 52 Week High | AU$6.72 |
| 52 Week Low | AU$4.93 |
| Beta | 0.62 |
| 1 Month Change | 8.22% |
| 3 Month Change | -1.70% |
| 1 Year Change | 5.46% |
| 3 Year Change | 98.29% |
| 5 Year Change | 1.05% |
| Change since IPO | 214.67% |
Recent News & Updates
Narrative Update • Jun 15
BGA: Upgraded Earnings Guidance And Bulk Segment Recovery Will Drive Repricing
Analysts have lifted their price target on Bega Cheese from A$7.20 to A$7.75, citing updated assumptions around revenue growth, profit margins, discount rates and future P/E levels. What's in the News Bega Cheese reported a 21% rise in first half FY2026 normalised EBITDA, with normalised earnings per share up 45%, according to recent coverage of the stock.
Narrative Update • Jun 01
BGA: Future Return Will Rely On Dividend Support And Higher Earnings Multiple
Analysts have nudged their fair value estimate for Bega Cheese slightly higher from A$6.53 to A$6.54, citing updated assumptions for revenue growth, profit margins and future P/E. These changes lead to a modestly higher price target despite a slightly higher discount rate.Narrative Update • May 02
BGA: Future Return Will Rely On Dividend Support And Higher Earnings Multiple
Analysts have trimmed their price target for Bega Cheese to about A$6.53 from A$6.70, reflecting updated assumptions for slightly higher revenue growth, a more conservative profit margin outlook and a marginally higher future P/E multiple. What's in the News Bega Cheese declared an ordinary fully franked dividend of A$0.07 per share for the six months ended 28 December 2025.Recent updates
Narrative Update • Jun 15
BGA: Upgraded Earnings Guidance And Bulk Segment Recovery Will Drive Repricing
Analysts have lifted their price target on Bega Cheese from A$7.20 to A$7.75, citing updated assumptions around revenue growth, profit margins, discount rates and future P/E levels. What's in the News Bega Cheese reported a 21% rise in first half FY2026 normalised EBITDA, with normalised earnings per share up 45%, according to recent coverage of the stock.Narrative Update • Jun 01
BGA: Future Return Will Rely On Dividend Support And Higher Earnings Multiple
Analysts have nudged their fair value estimate for Bega Cheese slightly higher from A$6.53 to A$6.54, citing updated assumptions for revenue growth, profit margins and future P/E. These changes lead to a modestly higher price target despite a slightly higher discount rate.Narrative Update • May 02
BGA: Future Return Will Rely On Dividend Support And Higher Earnings Multiple
Analysts have trimmed their price target for Bega Cheese to about A$6.53 from A$6.70, reflecting updated assumptions for slightly higher revenue growth, a more conservative profit margin outlook and a marginally higher future P/E multiple. What's in the News Bega Cheese declared an ordinary fully franked dividend of A$0.07 per share for the six months ended 28 December 2025.
Narrative Update • Apr 18
BGA: Elevated P/E And Upcoming Dividend Will Likely Restrain Future Returns
Analysts have nudged their price target on Bega Cheese from A$4.81 to A$4.95, reflecting small adjustments to fair value estimates, revenue growth assumptions of about 2.50% and profit margin expectations of about 2.78%, alongside an updated future P/E of about 16.98x. What's in the News Bega Cheese declared an ordinary fully franked dividend of A$0.07 per share for the six months ended 28 December 2025, giving investors clarity on the upcoming cash payout schedule (Key Developments).Narrative Update • Apr 03
BGA: Future Return Will Rely On Rising Margin And Dividend Support
Analysts have increased their price target for Bega Cheese from A$6.48 to A$6.70, reflecting updated assumptions around revenue growth, profit margins and the stock’s future P/E profile. What's in the News Bega Cheese declared an ordinary fully franked dividend of A$0.07 per share for the six months ended 28 December 2025 (Key Developments) The dividend ex date is set for 24 February 2026, which is when the shares begin trading without entitlement to this A$0.07 payment (Key Developments) The record date is scheduled for 25 February 2026, defining which shareholders qualify for the declared dividend (Key Developments) The dividend payment date is set for 2 April 2026, providing a clear cash flow timing marker for income focused holders (Key Developments) Valuation Changes Fair Value increased from A$6.48 to A$6.70, a small upward adjustment in the assessed share valuation.Narrative Update • Mar 20
BGA: Elevated P/E And New Dividend Will Likely Limit Future Upside
Analysts have kept their price target for Bega Cheese broadly steady at around A$4.81, with small tweaks to revenue growth, profit margin and future P/E assumptions supporting only a minimal change in their valuation view. What's in the News Bega Cheese declared an ordinary fully franked dividend of A$0.07 per share for the six months ended 28 December 2025, giving investors clarity on the latest payout level (Key Developments).Narrative Update • Mar 05
BGA: Dividend Payout And Rich P/E Will Likely Cap Future Returns
Analysts have adjusted their price target for Bega Cheese to A$4.81 from A$4.48, reflecting updated views on discount rates, revenue growth assumptions, profit margins, and future P/E expectations. What's in the News Bega Cheese declared an ordinary fully franked dividend of A$0.07 per share for the six months ended 28 December 2025, giving investors clarity on the latest payout per share (Key Developments).Narrative Update • Feb 19
BGA: Fair Outlook Will Rely On Modest Margin And Revenue Improvements
Analysts have increased their price target on Bega Cheese to A$6.48 from A$6.15, citing updated assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple, which adjust their overall fair value and discount rate inputs. Valuation Changes Fair Value: revised from A$6.15 to A$6.48, a small uplift in the assessed valuation.Analysis Article • Nov 11
Bega Cheese Limited (ASX:BGA) Looks Inexpensive But Perhaps Not Attractive Enough
When you see that almost half of the companies in the Food industry in Australia have price-to-sales ratios (or "P/S...Analysis Article • Apr 08
Risks To Shareholder Returns Are Elevated At These Prices For Bega Cheese Limited (ASX:BGA)
It's not a stretch to say that Bega Cheese Limited's ( ASX:BGA ) price-to-sales (or "P/S") ratio of 0.4x right now...Analysis Article • Feb 27
Bega Cheese's (ASX:BGA) Solid Profits Have Weak Fundamentals
Last week's profit announcement from Bega Cheese Limited ( ASX:BGA ) was underwhelming for investors, despite headline...Analysis Article • Feb 22
Bega Cheese Limited (ASX:BGA) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$5.60
Shareholders might have noticed that Bega Cheese Limited ( ASX:BGA ) filed its interim result this time last week. The...
New Narrative • Feb 22
Investing In Leading Brands Will Drive Future Growth In Asia And The Middle East
Transformation into a branded business and international expansion are expected to drive revenue growth and higher margins through brand equity and regional gains.Analysis Article • Dec 23
Is Bega Cheese (ASX:BGA) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Analysis Article • Sep 27
Revenues Not Telling The Story For Bega Cheese Limited (ASX:BGA) After Shares Rise 26%
Bega Cheese Limited ( ASX:BGA ) shareholders have had their patience rewarded with a 26% share price jump in the last...Analysis Article • Jun 03
Is Bega Cheese Limited (ASX:BGA) Trading At A 43% Discount?
Key Insights The projected fair value for Bega Cheese is AU$7.95 based on 2 Stage Free Cash Flow to Equity Bega...Analysis Article • Jan 22
Bega Cheese Limited (ASX:BGA) Shares Could Be 27% Below Their Intrinsic Value Estimate
Key Insights The projected fair value for Bega Cheese is AU$5.05 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • Oct 13
Is Bega Cheese (ASX:BGA) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 15
Bega Cheese Limited's (ASX:BGA) Intrinsic Value Is Potentially 30% Above Its Share Price
Key Insights Bega Cheese's estimated fair value is AU$4.12 based on 2 Stage Free Cash Flow to Equity Bega Cheese is...Analysis Article • Aug 26
Does Bega Cheese (ASX:BGA) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Feb 27
Bega Cheese's (ASX:BGA) Upcoming Dividend Will Be Larger Than Last Year's
Bega Cheese Limited ( ASX:BGA ) has announced that it will be increasing its dividend on the 24th of March to AU$0.055...Analysis Article • Feb 24
Is Bega Cheese (ASX:BGA) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Feb 02
With EPS Growth And More, Bega Cheese (ASX:BGA) Is Interesting
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Analysis Article • Nov 09
Estimating The Fair Value Of Bega Cheese Limited (ASX:BGA)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Bega Cheese Limited...Analysis Article • May 16
Is Bega Cheese (ASX:BGA) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 28
Is Bega Cheese Limited (ASX:BGA) Trading At A 27% Discount?
In this article we are going to estimate the intrinsic value of Bega Cheese Limited ( ASX:BGA ) by taking the forecast...Analysis Article • Apr 09
Is Bega Cheese Limited (ASX:BGA) A Smart Pick For Income Investors?
Could Bega Cheese Limited ( ASX:BGA ) be an attractive dividend share to own for the long haul? Investors are often...Analysis Article • Mar 10
Do Institutions Own Bega Cheese Limited (ASX:BGA) Shares?
A look at the shareholders of Bega Cheese Limited ( ASX:BGA ) can tell us which group is most powerful. Insiders often...Shareholder Returns
| BGA | AU Food | AU Market | |
|---|---|---|---|
| 7D | 3.0% | -0.5% | -1.8% |
| 1Y | 5.5% | -9.1% | 1.8% |
Return vs Industry: BGA exceeded the Australian Food industry which returned -9.9% over the past year.
Return vs Market: BGA exceeded the Australian Market which returned 2.4% over the past year.
Price Volatility
| BGA volatility | |
|---|---|
| BGA Average Weekly Movement | 3.4% |
| Food Industry Average Movement | 5.7% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in AU Market | 17.1% |
| 10% least volatile stocks in AU Market | 4.0% |
Stable Share Price: BGA has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: BGA's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1899 | n/a | Pete Findlay | begagroup.com.au |
Bega Cheese Limited receives, processes, manufactures, and distributes dairy and other food-related products in Australia. It operates through two segments, Branded and Bulk. The Branded segment manufactures value added consumer products for owned and externally owned brands.
Bega Cheese Limited Fundamentals Summary
| BGA fundamental statistics | |
|---|---|
| Market cap | AU$1.77b |
| Earnings (TTM) | AU$8.20m |
| Revenue (TTM) | AU$3.63b |
215.8x
P/E Ratio0.5x
P/S RatioIs BGA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BGA income statement (TTM) | |
|---|---|
| Revenue | AU$3.63b |
| Cost of Revenue | AU$2.88b |
| Gross Profit | AU$751.80m |
| Other Expenses | AU$743.60m |
| Earnings | AU$8.20m |
Last Reported Earnings
Dec 28, 2025
Next Earnings Date
Aug 20, 2026
| Earnings per share (EPS) | 0.027 |
| Gross Margin | 20.72% |
| Net Profit Margin | 0.23% |
| Debt/Equity Ratio | 29.1% |
How did BGA perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield483%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/25 05:38 |
| End of Day Share Price | 2026/06/25 00:00 |
| Earnings | 2025/12/28 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Bega Cheese Limited is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Josh Kannourakis | Barrenjoey Markets Pty Limited |
| Jonathan Snape | Bell Potter |
| Mark Topy | Canaccord Genuity |