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BGSF

BGSFNYSE:BGSF Stock Report

Last Price

US$13.25

Market Cap

US$137.9m

7D

-7.0%

1Y

-1.5%

Updated

23 Jan, 2022

Data

Company Financials +
BGSF fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health3/6
Dividends3/6

BGSF Stock Overview

BGSF Inc. provides workforce solutions and placement services in the United States.

BGSF Competitors

ManpowerGroup

NYSE:MAN

US$5.5b

Kforce

NasdaqGS:KFRC

US$1.4b

TrueBlue

NYSE:TBI

US$952.3m

Kelly Services

NasdaqGS:KELY.A

US$664.9m

Price History & Performance

Summary of all time highs, changes and price drops for BGSF
Historical stock prices
Current Share PriceUS$13.25
52 Week HighUS$16.91
52 Week LowUS$11.45
Beta2.35
1 Month Change-5.43%
3 Month Change9.32%
1 Year Change-1.49%
3 Year Change-43.30%
5 Year Change-6.16%
Change since IPO89.29%

Recent News & Updates

Nov 07
BGSF's (NYSE:BGSF) Shareholders Will Receive A Bigger Dividend Than Last Year

BGSF's (NYSE:BGSF) Shareholders Will Receive A Bigger Dividend Than Last Year

BGSF, Inc. ( NYSE:BGSF ) has announced that it will be increasing its dividend on the 22nd of November to US$0.12. This...

Oct 28

BGSF Inc.: Not Yet At Full Tilt

Contingent staffers such as BGSF can benefit from short-term tailwinds as well as secular long-term tailwinds. BGSF’s professional staffing segment could benefit from easier comps in Q3 whilst the real estate segment is expected to normalize from 2022. BGSF offers a strong yield of 4% and forward valuations are still cheap.

Shareholder Returns

BGSFUS Professional ServicesUS Market
7D-7.0%-4.7%-6.1%
1Y-1.5%0.9%4.2%

Return vs Industry: BGSF underperformed the US Professional Services industry which returned 1% over the past year.

Return vs Market: BGSF underperformed the US Market which returned 4.2% over the past year.

Price Volatility

Is BGSF's price volatile compared to industry and market?
BGSF volatility
BGSF Average Weekly Movement5.5%
Professional Services Industry Average Movement6.1%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: BGSF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BGSF's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007400Beth Garveyhttps://bgsf.com

BGSF Inc. provides workforce solutions and placement services in the United States. It operates through three segments: Real Estate, Professional, and Light Industrial. The Real Estate segment provides office and maintenance field talent to various apartment communities and commercial buildings.

BGSF Fundamentals Summary

How do BGSF's earnings and revenue compare to its market cap?
BGSF fundamental statistics
Market CapUS$137.85m
Earnings (TTM)US$11.00m
Revenue (TTM)US$294.15m

12.5x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BGSF income statement (TTM)
RevenueUS$294.15m
Cost of RevenueUS$209.56m
Gross ProfitUS$84.59m
ExpensesUS$73.59m
EarningsUS$11.00m

Last Reported Earnings

Sep 26, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.06
Gross Margin28.76%
Net Profit Margin3.74%
Debt/Equity Ratio56.8%

How did BGSF perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

41%

Payout Ratio

Valuation

Is BGSF undervalued compared to its fair value and its price relative to the market?

12.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BGSF ($13.25) is trading above our estimate of fair value ($11.74)

Significantly Below Fair Value: BGSF is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BGSF is good value based on its PE Ratio (12.5x) compared to the US Professional Services industry average (23.1x).

PE vs Market: BGSF is good value based on its PE Ratio (12.5x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: BGSF is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: BGSF is good value based on its PB Ratio (1.9x) compared to the US Professional Services industry average (2.6x).


Future Growth

How is BGSF forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BGSF's forecast earnings growth (11.4% per year) is above the savings rate (2%).

Earnings vs Market: BGSF's earnings (11.4% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: BGSF's earnings are forecast to grow, but not significantly.

Revenue vs Market: BGSF's revenue (7.8% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: BGSF's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BGSF's Return on Equity is forecast to be high in 3 years time


Past Performance

How has BGSF performed over the past 5 years?

-2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BGSF has high quality earnings.

Growing Profit Margin: BGSF's current net profit margins (3.7%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: BGSF's earnings have declined by 2.8% per year over the past 5 years.

Accelerating Growth: BGSF's earnings growth over the past year (451.6%) exceeds its 5-year average (-2.8% per year).

Earnings vs Industry: BGSF earnings growth over the past year (451.6%) exceeded the Professional Services industry 37.6%.


Return on Equity

High ROE: BGSF's Return on Equity (15.3%) is considered low.


Financial Health

How is BGSF's financial position?


Financial Position Analysis

Short Term Liabilities: BGSF's short term assets ($55.9M) exceed its short term liabilities ($26.6M).

Long Term Liabilities: BGSF's short term assets ($55.9M) exceed its long term liabilities ($45.4M).


Debt to Equity History and Analysis

Debt Level: BGSF's net debt to equity ratio (56.8%) is considered high.

Reducing Debt: BGSF's debt to equity ratio has increased from 47.3% to 56.8% over the past 5 years.

Debt Coverage: BGSF's debt is not well covered by operating cash flow (15.5%).

Interest Coverage: BGSF's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


Dividend

What is BGSF current dividend yield, its reliability and sustainability?

3.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BGSF's dividend (3.62%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: BGSF's dividend (3.62%) is in the top 25% of dividend payers in the US market (3.6%)


Stability and Growth of Payments

Stable Dividend: BGSF has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: BGSF has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.4%), BGSF's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average management tenure


CEO

Beth Garvey (56 yo)

3.25yrs

Tenure

US$707,686

Compensation

Ms. Beth A. Garvey serves as Chief Executive Officer and President at BGSF, Inc. (formerly known as BG Staffing, Inc.) since October 1, 2018 and has been its Director since July 29, 2020. She served as the...


CEO Compensation Analysis

Compensation vs Market: Beth's total compensation ($USD707.69K) is about average for companies of similar size in the US market ($USD584.00K).

Compensation vs Earnings: Beth's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BGSF's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: BGSF's board of directors are considered experienced (7.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: BGSF insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BGSF, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: BGSF, Inc.
  • Ticker: BGSF
  • Exchange: NYSE
  • Founded: 2007
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Implied Market Cap: US$137.851m
  • Shares outstanding: 10.40m
  • Website: https://bgsf.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 23:03
End of Day Share Price2022/01/21 00:00
Earnings2021/09/26
Annual Earnings2020/12/27


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.