Market Cap
€485.6m
Last Updated
2019/10/19 21:53 UTC
Data Sources
Company Financials +
Executive Summary
B.F. S.p.A. engages in the cultivation and marketing of agricultural products in Italy.
Snowflake
Fundamentals
Moderate growth potential with mediocre balance sheet.
Share Price & News
How has B.F's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.9%
BFG
0.3%
IT Food
0.5%
IT Market
1 Year Return
27.7%
BFG
-2.2%
IT Food
11.6%
IT Market
Return vs Industry: BFG exceeded the Italian Food industry which returned -2.2% over the past year.
Return vs Market: BFG exceeded the Italian Market which returned 11.6% over the past year.
Shareholder returns
| BFG | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | 0.3% | 0.5% |
| 30 Day | 6.4% | 0.5% | 0.1% |
| 90 Day | 25.7% | 2.0% | 1.7% |
| 1 Year | 27.7%27.7% | -1.7%-2.2% | 16.5%11.6% |
| 3 Year | n/a | 16.6%14.2% | 25.2%8.0% |
| 5 Year | n/a | 59.8%47.0% | 21.3%-26.0% |
Price Volatility Vs. Market
How volatile is B.F's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall St
Did Changing Sentiment Drive B.F's Share Price Down By 10%?11 months ago | Simply Wall St
Do Directors Own BF SpA (BIT:BFG) Shares?1 year ago | Simply Wall St
What does BF SpA's (BIT:BFG) Balance Sheet Tell Us About Its Future?Valuation
Is B.F undervalued compared to its fair value and its price relative to the market?
37.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: BFG (€3.18) is trading below our estimate of fair value (€5.08)
Significantly Undervalued: BFG is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: BFG is poor value based on its PE Ratio (429.1x) compared to the Food industry average (12.4x).
PE vs Market: BFG is poor value based on its PE Ratio (429.1x) compared to the Italian market (17.8x).
Price to Earnings Growth Ratio
Low PEG Ratio: BFG is poor value based on its PEG Ratio (5.9x)
Price to Book Ratio
PB vs Industry: BFG is overvalued based on its PB Ratio (1.3x) compared to the IT Food industry average (1.2x).
Next Steps
Future Growth
How is B.F forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
73.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BFG's forecast earnings growth (73.1% per year) is above the savings rate (2.9%).
Earnings vs Market: BFG's earnings (73.1% per year) are forecast to grow faster than the Italian market (8.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BFG's revenue is expected to decline over the next 3 years (-35.4% per year).
High Growth Revenue: BFG's revenue is forecast to decline over the next 3 years (-35.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if BFG's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has B.F performed over the past 5 years?
0.06%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: BFG's earnings have grown by 0.06% per year over the past 5 years.
Accelerating Growth: BFG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BFG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (0.3%).
Return on Equity
High ROE: BFG's Return on Equity (0.5%) is considered low.
Return on Assets
ROA vs Industry: BFG's Return on Assets is below or equal to the Food industry average last year.
Return on Capital Employed
ROCE Improving: BFG is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is B.F's financial position?
Financial Position Analysis
Short Term Liabilities: BFG's short term assets (€169.9M) exceeds its short term liabilities (€50.6M)
Long Term Liabilities: BFG's short term assets (169.9M) exceeds its long term liabilities (71.1M)
Debt to Equity History and Analysis
Debt Level: BFG's debt to equity ratio (12.3%) is considered satisfactory
Reducing Debt: Insufficient data to determine if BFG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BFG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BFG's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: BFG has a high level of physical assets or inventory.
Debt Coverage by Assets: BFG's debt is covered by short term assets (assets are 3.604370x debt).
Next Steps
Dividend
What is B.F's current dividend yield, its reliability and sustainability?
16.08%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate BFG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BFG's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if BFG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BFG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BFG's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.
Next Steps
Management
What is the CEO of B.F's salary, the management and board of directors tenure and is there insider trading?
0.5yrs
Average board tenure
CEO
Federico Vecchioni (52yo)
0yrs
Tenure
€596,144
Compensation
Dr. Federico Vecchioni serves as Chief Executive Officer and Director of B.F. Holding S.p.A. Dr. Vecchioni serves asChief Executive Officer of Consorzi Agrari d’Italia Scpa. He has been the Chief Executive ...
CEO Compensation Analysis
Compensation vs. Market: Insufficient data to establish whether Federico's total compensation is reasonable compared to companies of similar size in the Italian market.
Compensation vs Earnings: Federico's compensation has been consistent with company performance over the past year.
Board Age and Tenure
0.5yrs
Average Tenure
51yo
Average Age
Experienced Board: BFG's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Federico Vecchioni (52yo)
CEO & Director
- Tenure: 0yrs
- Compensation: €596.14k
Lorenzo Mazzini
Chief Financial Officer
- Tenure: 0yrs
Antonio Posa
Sales and Marketing Director
- Tenure: 0yrs
Board Members
Rossella Locatelli (59yo)
Chairwoman of The Board
- Tenure: 0yrs
- Compensation: €94.60k
Andrea Bignami (50yo)
Independent Director
- Tenure: 0yrs
- Compensation: €42.40k
Federico Vecchioni (52yo)
CEO & Director
- Tenure: 0yrs
- Compensation: €596.14k
Nathalie Francesca Dompé (33yo)
Director
- Tenure: 0yrs
- Compensation: €34.00k
Luigi Scordamaglia (54yo)
Independent Director
- Tenure: 0yrs
- Compensation: €25.73k
Roberto Capone
Chairman of the Board of Statutory Auditors
- Tenure: 0yrs
- Compensation: €42.00k
Gianluca Lelli (50yo)
Independent Director
- Tenure: 0yrs
- Compensation: €27.60k
Vittorio Grilli
Independent Director
- Tenure: 0.5yrs
Tiziana Olivieri
Independent Director
- Tenure: 0.5yrs
Gabriella Fantolino
Independent Director
- Tenure: 0.5yrs
Company Information
B.F. S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: B.F. S.p.A.
- Ticker: BFG
- Exchange: BIT
- Founded: 2014
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: €485.562m
- Shares outstanding: 152.69m
- Website: https://www.bfspa.it
Location
- B.F. S.p.A.
- Via Cavicchini, 2
- Jolanda di Savoia
- Ferrara
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BFG | BIT (Borsa Italiana) | Yes | Common Stock | IT | EUR | Jun 2017 |
| BFGM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Stock | GB | EUR | Jun 2017 |
Biography
B.F. S.p.A. engages in the cultivation and marketing of agricultural products in Italy. It offers pasta, rice, herbal teas, and legumes/cereals. The company markets its products under the Le Stagioni d'Ita ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 21:53 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.