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Bonduelle

ENXTPA:BON
Snowflake Description

Established dividend payer with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BON
ENXTPA
€936M
Market Cap
  1. Home
  2. FR
  3. Food, Beverage & Tobacco
Company description

Bonduelle SA produces and sells vegetables and fruits in Europe and internationally. The last earnings update was 107 days ago. More info.


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BON Share Price and Events
7 Day Returns
3%
ENXTPA:BON
0.2%
FR Food
-0.1%
FR Market
1 Year Returns
-11.7%
ENXTPA:BON
4.6%
FR Food
-2.5%
FR Market
BON Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bonduelle (BON) 3% 2.1% 3.4% -11.7% 30.1% 34%
FR Food 0.2% 1.5% 3.7% 4.6% 14% 28.7%
FR Market -0.1% -1.5% -0.3% -2.5% 34% 27.3%
1 Year Return vs Industry and Market
  • BON underperformed the Food industry which returned 4.6% over the past year.
  • BON underperformed the Market in France which returned -2.5% over the past year.
Price Volatility
BON
Industry
5yr Volatility vs Market
Related Companies

BON Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bonduelle to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bonduelle.

ENXTPA:BON Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.9%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTPA:BON
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Food Unlevered Beta Simply Wall St/ S&P Global 0.55
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.545 (1 + (1- 33%) (96.92%))
0.933
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (0.933 * 6.65%)
6.93%

Discounted Cash Flow Calculation for ENXTPA:BON using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bonduelle is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ENXTPA:BON DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.93%)
2019 58.70 Analyst x2 54.89
2020 76.80 Analyst x5 67.16
2021 83.26 Analyst x5 68.09
2022 88.15 Est @ 5.87% 67.41
2023 91.97 Est @ 4.33% 65.77
2024 94.96 Est @ 3.25% 63.51
2025 97.33 Est @ 2.5% 60.87
2026 99.25 Est @ 1.97% 58.04
2027 100.83 Est @ 1.6% 55.15
2028 102.18 Est @ 1.34% 52.26
Present value of next 10 years cash flows €613.16
ENXTPA:BON DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €102.18 × (1 + 0.73%) ÷ (6.93% – 0.73%)
€1,659.65
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,659.65 ÷ (1 + 6.93%)10
€848.84
ENXTPA:BON Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €613.16 + €848.84
€1,462.00
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,462.00 / 32.11
€45.53
ENXTPA:BON Discount to Share Price
Calculation Result
Value per share (EUR) From above. €45.53
Current discount Discount to share price of €29.15
= -1 x (€29.15 - €45.53) / €45.53
36%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Bonduelle is available for.
Intrinsic value
36%
Share price is €29.15 vs Future cash flow value of €45.53
Current Discount Checks
For Bonduelle to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bonduelle's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bonduelle's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bonduelle's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bonduelle's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:BON PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €2.18
ENXTPA:BON Share Price ** ENXTPA (2019-06-14) in EUR €29.15
France Food Industry PE Ratio Median Figure of 14 Publicly-Listed Food Companies 17.95x
France Market PE Ratio Median Figure of 423 Publicly-Listed Companies 17.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bonduelle.

ENXTPA:BON PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:BON Share Price ÷ EPS (both in EUR)

= 29.15 ÷ 2.18

13.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bonduelle is good value based on earnings compared to the FR Food industry average.
  • Bonduelle is good value based on earnings compared to the France market.
Price based on expected Growth
Does Bonduelle's expected growth come at a high price?
Raw Data
ENXTPA:BON PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
10.3%per year
France Food Industry PEG Ratio Median Figure of 7 Publicly-Listed Food Companies 1.72x
France Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

ENXTPA:BON PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.39x ÷ 10.3%

1.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bonduelle is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Bonduelle's assets?
Raw Data
ENXTPA:BON PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €20.50
ENXTPA:BON Share Price * ENXTPA (2019-06-14) in EUR €29.15
France Food Industry PB Ratio Median Figure of 18 Publicly-Listed Food Companies 1.31x
France Market PB Ratio Median Figure of 623 Publicly-Listed Companies 1.46x
ENXTPA:BON PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:BON Share Price ÷ Book Value per Share (both in EUR)

= 29.15 ÷ 20.50

1.42x

* Primary Listing of Bonduelle.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bonduelle is overvalued based on assets compared to the FR Food industry average.
X
Value checks
We assess Bonduelle's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Bonduelle has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BON Future Performance

 How is Bonduelle expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bonduelle expected to grow at an attractive rate?
  • Bonduelle's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • Bonduelle's earnings growth is positive but not above the France market average.
  • Bonduelle's revenue growth is positive but not above the France market average.
Annual Growth Rates Comparison
Raw Data
ENXTPA:BON Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:BON Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 10.3%
ENXTPA:BON Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 2.1%
France Food Industry Earnings Growth Rate Market Cap Weighted Average 8.1%
France Food Industry Revenue Growth Rate Market Cap Weighted Average 3.6%
France Market Earnings Growth Rate Market Cap Weighted Average 12.8%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:BON Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:BON Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 2,919 195 91 4
2020-06-30 2,872 198 83 5
2019-06-30 2,804 159 75 5
ENXTPA:BON Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 2,763 77 70
2018-09-30 2,770 109 71
2018-06-30 2,777 141 72
2018-03-31 2,730 177 67
2017-12-31 2,683 213 61
2017-09-30 2,485 217 60
2017-06-30 2,288 221 60
2017-03-31 2,135 180 57
2016-12-31 1,982 139 54
2016-09-30 1,975 136 54
2016-06-30 1,968 134 54
2016-03-31 1,971 120 62

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bonduelle's earnings are expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
  • Bonduelle's revenue is expected to grow by 2.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:BON Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Bonduelle Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:BON Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30 2.80 3.10 2.56 3.00
2020-06-30 2.65 2.95 2.42 4.00
2019-06-30 2.30 2.32 2.27 3.00
ENXTPA:BON Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 2.18
2018-09-30 2.23
2018-06-30 2.27
2018-03-31 2.10
2017-12-31 1.93
2017-09-30 1.91
2017-06-30 1.90
2017-03-31 1.80
2016-12-31 1.70
2016-09-30 1.70
2016-06-30 1.71
2016-03-31 1.97

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bonduelle is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bonduelle's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bonduelle has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BON Past Performance

  How has Bonduelle performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bonduelle's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bonduelle's year on year earnings growth rate has been positive over the past 5 years.
  • Bonduelle's 1-year earnings growth exceeds its 5-year average (14% vs 13.9%)
  • Bonduelle's earnings growth has exceeded the FR Food industry average in the past year (14% vs -25.5%).
Earnings and Revenue History
Bonduelle's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bonduelle Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:BON Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,763.02 69.61 551.27
2018-09-30 2,769.83 71.02 549.45
2018-06-30 2,776.64 72.44 547.63
2018-03-31 2,729.72 66.75 532.77
2017-12-31 2,682.79 61.06 517.91
2017-09-30 2,485.46 60.46 472.32
2017-06-30 2,288.12 59.87 426.73
2017-03-31 2,134.89 56.74 394.30
2016-12-31 1,981.65 53.60 361.88
2016-09-30 1,974.65 53.64 361.46
2016-06-30 1,967.66 53.67 361.04
2016-03-31 1,971.13 61.54 359.91
2015-12-31 1,974.61 69.41 358.78
2015-09-30 1,978.23 69.32 354.99
2015-06-30 1,981.85 69.23 351.21
2015-03-31 1,967.01 46.43 347.15
2014-12-31 1,952.17 23.63 343.10
2014-09-30 1,936.62 19.42 341.09
2014-06-30 1,921.06 15.22 339.08
2014-03-31 1,912.79 34.43 339.11
2013-12-31 1,904.53 53.64 339.13
2013-09-30 1,900.34 52.87 343.99
2013-06-30 1,896.15 52.09 348.85
2013-03-31 1,881.38 53.57 351.43
2012-12-31 1,866.61 55.05 354.02
2012-09-30 1,816.78 50.88 344.08
2012-06-30 1,766.95 46.71 334.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bonduelle has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bonduelle used its assets more efficiently than the FR Food industry average last year based on Return on Assets.
  • Bonduelle's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Bonduelle's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bonduelle has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BON Health

 How is Bonduelle's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bonduelle's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bonduelle is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bonduelle's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bonduelle's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bonduelle Company Filings, last reported 5 months ago.

ENXTPA:BON Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 666.61 907.09 14.92
2018-09-30 666.61 907.09 14.92
2018-06-30 646.82 659.22 23.89
2018-03-31 646.82 659.22 23.89
2017-12-31 624.80 849.49 12.00
2017-09-30 624.80 849.49 12.00
2017-06-30 606.51 698.76 9.21
2017-03-31 606.51 698.76 9.21
2016-12-31 609.54 628.13 15.20
2016-09-30 609.54 628.13 15.20
2016-06-30 568.29 474.89 6.37
2016-03-31 568.29 474.89 6.37
2015-12-31 530.27 722.55 13.76
2015-09-30 530.27 722.55 13.76
2015-06-30 525.27 550.89 8.64
2015-03-31 525.27 550.89 8.64
2014-12-31 492.92 723.45 18.47
2014-09-30 492.92 723.45 18.47
2014-06-30 503.92 544.20 9.68
2014-03-31 503.92 544.20 9.68
2013-12-31 518.19 724.92 14.94
2013-09-30 518.19 724.92 14.94
2013-06-30 515.36 635.06 29.53
2013-03-31 515.36 635.06 29.53
2012-12-31 505.25 865.98 26.14
2012-09-30 505.25 865.98 26.14
2012-06-30 503.75 649.83 20.48
  • Bonduelle's level of debt (136.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (139.5% vs 136.1% today).
  • Debt is not well covered by operating cash flow (8.5%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).
X
Financial health checks
We assess Bonduelle's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bonduelle has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BON Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.72%
Current annual income from Bonduelle dividends. Estimated to be 1.96% next year.
If you bought €2,000 of Bonduelle shares you are expected to receive €34 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bonduelle's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.54%).
  • Bonduelle's dividend is below the markets top 25% of dividend payers in France (4.41%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:BON Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
France Food Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 2.5%
France Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.5%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:BON Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2021-06-30 0.62 5.00
2020-06-30 0.57 6.00
2019-06-30 0.53 6.00
ENXTPA:BON Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2018-11-05 0.500 1.732
2017-10-19 0.450 1.316
2016-10-20 0.430 1.483
2016-10-04 0.430 2.046
2015-10-21 0.430 1.823
2015-09-29 0.430 1.885
2014-10-01 0.375 1.668
2014-09-30 0.375 1.864
2013-10-23 0.375 1.842
2013-10-03 0.375 2.056
2012-10-02 0.375 2.033
2011-10-25 0.375 2.214
2011-10-04 0.375 2.338
2010-10-27 0.375 2.246
2010-10-05 0.375 2.491
2010-07-30 0.375 2.225
2009-10-06 0.375 1.918

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Bonduelle's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.8x coverage).
X
Income/ dividend checks
We assess Bonduelle's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bonduelle afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bonduelle has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BON Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Guillaume Debrosse
CEO Bio

Mr. Guillaume Debrosse serves as Chief Executive Officer at Bonduelle SA. Mr. Debrosse has been the Chief Executive Officer at Bonduelle SAS since July 1, 2018. Mr. Debrosse served as Director General at Bonduelle SAS until July 1, 2018. Mr. Debrosse has been Managing Director for Bonduelle Euro-Asian Markets at Bonduelle SA since August 6, 2016. Mr. Debrosse served as the Chief Operating Officer of Asia-Pacific Region at Telefónica Europe plc (formerly, O2 Plc) since June 2006. Mr. Debrosse oversaw its entire regional operations, covering areas like project management, delivery and testing, as well as after-sales support. He served as the chief financial officer for O2 Asia-Pacific. Mr. Debrosse served as Director of Bonduelle SA. He serves as a Director at Bonduelle SAS. He has also worked with O2 Asia, O2 Asia-Pacific, Genie Asia,BT Strategic Markets, CEGETEL Enterprises, HAVAS - Havas Intermediation and France France Beaute AB.

CEO Compensation
  • Insufficient data for Guillaume to compare compensation growth.
  • Insufficient data for Guillaume to establish whether their remuneration is reasonable compared to companies of similar size in France.
Management Team

Guillaume Debrosse

TITLE
Chief Executive Officer

Grégory Sanson

TITLE
Deputy Chief Executive Officer of Finance & Development

Anne-Sophie Fontaine

TITLE
Head of External Communication & CSR

Bruno Rauwel

TITLE
Head of Human Resources Officer

Benoît Bonduelle

TITLE
Director and Head of Bonduelle Prospective & Development Division
TENURE
2.5 yrs

Michel Torris

TITLE
COO & MD of Bonduelle Surgel International

Daniel Vielfaure

TITLE
Deputy Chief Executive Officer of Bonduelle Americas

Philippe Carreau

TITLE
Deputy Chief Executive Officer of Bonduelle Europe

Pascal Bredeloux

TITLE
Chief Executive Officer of Bonduelle Fresh Europe

Jérôme Bonduelle

TITLE
Director & CEO of Bonduelle Champignon
Board of Directors Tenure

Average tenure and age of the Bonduelle board of directors in years:

3.5
Average Tenure
59
Average Age
  • The tenure for the Bonduelle board of directors is about average.
Board of Directors

Christophe Bonduelle

TITLE
Chairman of the Board
COMPENSATION
€3M

Isabelle Danjou

TITLE
Vice Chairwoman of Supervisory Board
COMPENSATION
€10K
AGE
63
TENURE
3.5 yrs

Benoît Bonduelle

TITLE
Director and Head of Bonduelle Prospective & Development Division

Jérôme Bonduelle

TITLE
Director & CEO of Bonduelle Champignon

Pierre Deloffre

TITLE
Director

Philippe Vasseur

TITLE
Director
AGE
75

Martin Ducroquet

TITLE
Chairman of Supervisory Board
COMPENSATION
€10K
AGE
45
TENURE
3.5 yrs

Marie-Ange Verdickt

TITLE
Member of Supervisory Board
COMPENSATION
€9K
AGE
55
TENURE
3.5 yrs

Jean-Bernard Bonduelle

TITLE
Director

François Bonduelle

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Bonduelle's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bonduelle has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BON News

Simply Wall St News

Here's What Bonduelle SA's (EPA:BON) ROCE Can Tell Us

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Bonduelle: 0.09 = €119m ÷ (€2.3b - €942m) (Based on the trailing twelve months to December 2018.) So, Bonduelle has an ROCE of 9.0%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE. … Bonduelle has a medium level of current liabilities, which would boost the ROCE.

Simply Wall St -

Read This Before Buying Bonduelle SA (EPA:BON) For Its Dividend

Could Bonduelle SA (EPA:BON) be an attractive dividend share to own for the long haul? … Unfortunately, one common occurrence with dividend companies is for investors to be enticed in by the seemingly attractive yield, and lose money when the company has to cut its dividend payments. … Some simple analysis can offer a lot of insights when buying a company for its dividend, and we'll go through this below.

Simply Wall St -

Is Bonduelle SA (EPA:BON) Trading At A 39% Discount?

by projecting its future cash flows and then discounting them to today's value. … I will be using the Discounted Cash Flow (DCF) model! … If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.

Simply Wall St -

Bonduelle (EPA:BON) Shareholders Booked A 26% Gain In The Last Five Years

Unfortunately for shareholders, while the Bonduelle SA (EPA:BON) share price is up 26% in the last five years, that's less than the market return. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over half a decade, Bonduelle managed to grow its earnings per share at 4.1% a year.

Simply Wall St -

Is Bonduelle SA (EPA:BON) Undervalued After Accounting For Its Future Growth?

Growth expectations for Bonduelle SA (EPA:BON) are high, but many investors are starting to ask whether its last close at €27.8 can still be rationalized by the future potential. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors. … Investors in Bonduelle have been patiently waiting for the uptick in earnings.

Simply Wall St -

What You Must Know About Bonduelle SA's (EPA:BON) Beta Value

In finance, Beta is a measure of volatility. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Bonduelle SA (EPA:BON): Has Recent Earnings Growth Beaten Long-Term Trend?

Today I will take you through a basic sense check to gain perspective on how Bonduelle is doing by evaluating its latest earnings with its longer term trend as well as its industry peers' performance over the same period. … Did BON beat its long-term earnings growth trend and its industry. … BON's trailing twelve-month earnings (from 30 June 2018) of €72m has.

Simply Wall St -

Is Bonduelle SA's (EPA:BON) Balance Sheet Strong Enough To Weather A Storm?

Bonduelle SA (EPA:BON) is a small-cap stock with a market capitalization of €823m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes

Simply Wall St -

Can We See Significant Institutional Ownership On The Bonduelle SA (EPA:BON) Share Register?

Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued at $60)! … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … With a market capitalization of €982m, Bonduelle is a decent size, so it is probably on the radar of institutional investors.

Simply Wall St -

Does Bonduelle SA (EPA:BON) Have A Place In Your Portfolio?

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Historically, Bonduelle SA (EPA:BON) has paid a dividend to shareholders. … Let's dig deeper into whether Bonduelle should have a place in your portfolio.

Simply Wall St -

BON Company Info

Description

Bonduelle SA produces and sells vegetables and fruits in Europe and internationally. The company offers canned, frozen, processed fresh, and prepared vegetables. Its products include mushrooms and peas, as well as salads. The company offers its products under the Bonduelle, Cassegrain, Arctic Gardens, Globus, Ready Pac Foods, and Del Monte brands. Bonduelle SA was founded in 1853 and is based in Renescure, France.

Details
Name: Bonduelle SA
BON
Exchange: ENXTPA
Founded: 1853
€935,954,292
32,108,209
Website: http://www.bonduelle.com
Address: Bonduelle SA
La Woestyne,
Renescure,
Nord-Pas-de-Calais, 59173,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA BON Common Shares Euronext Paris FR EUR 29. Jun 1998
DB BDU Common Shares Deutsche Boerse AG DE EUR 29. Jun 1998
LSE 0N75 Common Shares London Stock Exchange GB EUR 29. Jun 1998
BATS-CHIXE BONP Common Shares BATS 'Chi-X Europe' GB EUR 29. Jun 1998
Number of employees
Current staff
Staff numbers
10,957
Bonduelle employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 20:46
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/14
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.