DB:BGK

Stock Analysis Report

Executive Summary

BG Staffing, Inc. provides temporary staffing services in the United States.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • BG Staffing is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has BG Staffing's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.0%

DB:BGK

-0.1%

DE Professional Services

0.2%

DE Market


1 Year Return

-33.4%

DB:BGK

4.5%

DE Professional Services

-10.0%

DE Market

BGK underperformed the Professional Services industry which returned 3.8% over the past year.

BGK underperformed the Market in Germany which returned -10.4% over the past year.


Share holder returns

BGKIndustryMarket
7 Day2.0%-0.1%0.2%
30 Day7.0%-0.03%-3.3%
90 Day-6.6%2.1%-3.9%
1 Year-29.7%-33.4%7.5%4.5%-7.1%-10.0%
3 Yearn/a43.5%32.2%11.3%1.7%
5 Yearn/a85.3%61.3%25.8%8.4%

Price Volatility Vs. Market

How volatile is BG Staffing's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is BG Staffing undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

BG Staffing's share price is below the future cash flow value, and at a moderate discount (> 20%).

BG Staffing's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

BG Staffing is good value based on earnings compared to the Europe Professional Services industry average.

BG Staffing is good value based on earnings compared to the Germany market.


Price Based on Expected Growth

BG Staffing is poor value based on expected growth next year.


Price Based on Value of Assets

BG Staffing is overvalued based on assets compared to the Europe Professional Services industry average.


Next Steps

Future Growth

How is BG Staffing expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

0.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

BG Staffing's revenue is expected to grow by 3.7% yearly, however this is not considered high growth (20% yearly).

BG Staffing's earnings are expected to grow by 0.3% yearly, however this is not considered high growth (20% yearly).

BG Staffing's revenue growth is positive but not above the Germany market average.

BG Staffing's earnings growth is positive but not above the Germany market average.

BG Staffing's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if BG Staffing will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has BG Staffing performed over the past 5 years?

45.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

BG Staffing has delivered over 20% year on year earnings growth in the past 5 years.

BG Staffing's 1-year earnings growth exceeds its 5-year average (64.3% vs 45.4%)

BG Staffing's earnings growth has exceeded the Europe Professional Services industry average in the past year (64.3% vs 8.4%).


Return on Equity

BG Staffing has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

BG Staffing used its assets more efficiently than the Europe Professional Services industry average last year based on Return on Assets.


Return on Capital Employed

BG Staffing's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is BG Staffing's financial position?


Financial Position Analysis

BG Staffing is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

BG Staffing's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

BG Staffing's level of debt (27%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (422.6% vs 27% today).

Debt is well covered by operating cash flow (131.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 9.6x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.2x debt.


Next Steps

Dividend

What is BG Staffing's current dividend yield, its reliability and sustainability?

6.34%

Expected Dividend Yield


Dividend Yield and Payments Analysis

BG Staffing's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.57%).

BG Staffing's dividend is above the markets top 25% of dividend payers in Germany (4.29%).

Whilst dividend payments have been stable, BG Staffing has been paying a dividend for less than 10 years.

Dividend payments have increased, but BG Staffing only paid a dividend in the past 5 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of BG Staffing's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average management tenure


CEO

Beth Garvey (54yo)

0.8yrs

Tenure

US$713,210

Compensation

Ms. Beth A. Garvey serves as Chief Executive Officer and President at BG Staffing, Inc. since October 1, 2018. She had been the Chief Operating Officer at LTN Staffing, LLC (doing business as BG Staffing,  ...


CEO Compensation Analysis

Beth's remuneration is about average for companies of similar size in Germany.

Beth's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

0.7yrs

Average Tenure

The average tenure for the BG Staffing management team is less than 2 years, this suggests a new team.


Board Age and Tenure

5.0yrs

Average Tenure

59yo

Average Age

The tenure for the BG Staffing board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$101,98517 Dec 18
Dan Hollenbach
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares5,250
Max PriceUS$19.43
SellUS$66,07905 Dec 18
Dan Hollenbach
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares3,000
Max PriceUS$22.03
SellUS$330,39505 Dec 18
Douglas Hailey
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares15,000
Max PriceUS$22.03
SellUS$95,56204 Dec 18
Douglas Hailey
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,328
Max PriceUS$22.08
SellUS$24,54030 Nov 18
Douglas Hailey
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,117
Max PriceUS$21.97
SellUS$74,33829 Nov 18
Douglas Hailey
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,355
Max PriceUS$22.16
SellUS$44,31529 Nov 18
Dan Hollenbach
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares2,000
Max PriceUS$22.16
SellUS$46,42413 Nov 18
Dan Hollenbach
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares2,000
Max PriceUS$23.21
SellUS$430,91608 Nov 18
Paul Seid
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares19,000
Max PriceUS$22.68
SellUS$59,86310 Sep 18
Douglas Hailey
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,603
Max PriceUS$23.00
SellUS$292,71507 Sep 18
Douglas Hailey
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares12,397
Max PriceUS$23.61
SellUS$204,57306 Sep 18
L. Baker
EntityIndividual
Role
Chairman of the Board
Chairman
Shares8,938
Max PriceUS$22.89
SellUS$1,448,03305 Sep 18
L. Baker
EntityIndividual
Role
Chairman of the Board
Chairman
Shares63,182
Max PriceUS$22.92
SellUS$1,827,67104 Sep 18
L. Baker
EntityIndividual
Role
Chairman of the Board
Chairman
Shares87,956
Max PriceUS$20.78
SellUS$202,20331 Aug 18
Paul Seid
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares8,440
Max PriceUS$24.13
SellUS$97,34930 Aug 18
L. Baker
EntityIndividual
Role
Chairman of the Board
Chairman
Shares4,216
Max PriceUS$23.12
SellUS$236,45729 Aug 18
Douglas Hailey
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$23.74
SellUS$534,05729 Aug 18
L. Baker
EntityIndividual
Role
Chairman of the Board
Chairman
Shares23,064
Max PriceUS$23.16
SellUS$69,57729 Aug 18
C. Allen
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares2,920
Max PriceUS$23.83
SellUS$90,30629 Aug 18
C. Allen
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,770
Max PriceUS$24.23
SellUS$116,73428 Aug 18
Dan Hollenbach
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares4,900
Max PriceUS$23.82
SellUS$350,27828 Aug 18
L. Baker
EntityIndividual
Role
Chairman of the Board
Chairman
Shares14,727
Max PriceUS$23.78
SellUS$38,33728 Aug 18
Richard Baum
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,598
Max PriceUS$23.99
SellUS$146,08827 Aug 18
Dan Hollenbach
EntityIndividual
Role
Chief Financial Officer
CFO & Secretary
Shares6,100
Max PriceUS$24.22
SellUS$109,77527 Aug 18
Richard Baum
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares4,499
Max PriceUS$24.44
SellUS$300,12527 Aug 18
L. Baker
EntityIndividual
Role
Chairman of the Board
Chairman
Shares12,580
Max PriceUS$23.93

Ownership Breakdown


Management Team

  • Beth Garvey (54yo)

    CEO & President

    • Tenure: 0.8yrs
    • Compensation: US$713.21k
  • Dan Hollenbach (63yo)

    CFO & Secretary

    • Tenure: 4.0yrs
    • Compensation: US$549.92k
  • Chris Loope

    Chief Information Officer

    • Tenure: 0.4yrs
  • Drew Perry

    President of the Light Industrial Division

    • Tenure: 1.6yrs
  • Eric Peters

    President of BG Professional Divisions

    • Tenure: 0.0yrs
  • Dave McIntyre

    IT Division President

    • Tenure: 0.0yrs
  • Janel Hunt

    Vice President of People

    • Tenure: 0.6yrs
  • Charity Ellis

    President of the Real Estate Divisions

    • Tenure: 0.6yrs

Board Members

  • Richard Baum (59yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$106.95k
  • Doug Hailey (57yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$106.95k
  • C. Allen (55yo)

    Independent Director

    • Tenure: 5.0yrs
    • Compensation: US$81.95k
  • L. Baker (69yo)

    Chairman

    • Tenure: 1.0yrs
    • Compensation: US$4.02m
  • Paul Seid (71yo)

    Independent Director

    • Tenure: 5.0yrs
    • Compensation: US$81.95k

Company Information

BG Staffing, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BG Staffing, Inc.
  • Ticker: BGK
  • Exchange: DB
  • Founded:
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: US$192.720m
  • Listing Market Cap: US$173.718m
  • Shares outstanding: 10.23m
  • Website: https://www.bgstaffing.com

Number of Employees


Location

  • BG Staffing, Inc.
  • 5850 Granite Parkway
  • Suite 730
  • Plano
  • Texas
  • 75024
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BGSFAMEX (NYSE MKT LLC)YesCommon StockUSUSDApr 2014
BGKDB (Deutsche Boerse AG)YesCommon StockDEEURApr 2014

Biography

BG Staffing, Inc. provides temporary staffing services in the United States. It operates through three segments: Real Estate, Professional, and Light Industrial. The Real Estate segment offers office and m ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 22:03
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/30


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 here.