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BG Staffing

AMEX:BGSF
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BGSF
AMEX
$183M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

BG Staffing, Inc. provides temporary staffing services in the United States. The last earnings update was 76 days ago. More info.


Add to Portfolio Compare Print
  • BG Staffing has significant price volatility in the past 3 months.
BGSF Share Price and Events
7 Day Returns
-3%
AMEX:BGSF
0.1%
US Professional Services
-0.9%
US Market
1 Year Returns
-32.1%
AMEX:BGSF
9.5%
US Professional Services
3.8%
US Market
BGSF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BG Staffing (BGSF) -3% -1.8% -20.1% -32.1% -14.6% 155.4%
US Professional Services 0.1% 4.4% 5.9% 9.5% 41.1% 65%
US Market -0.9% 1.1% 1.1% 3.8% 35.5% 42.1%
1 Year Return vs Industry and Market
  • BGSF underperformed the Professional Services industry which returned 9.5% over the past year.
  • BGSF underperformed the Market in United States of America which returned 3.8% over the past year.
Price Volatility
BGSF
Industry
5yr Volatility vs Market

BGSF Value

 Is BG Staffing 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 BG Staffing 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 BG Staffing.

AMEX:BGSF Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 AMEX:BGSF
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.85
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.851 (1 + (1- 21%) (12.67%))
0.957
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.96
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.957 * 5.96%)
8.43%

Discounted Cash Flow Calculation for AMEX:BGSF using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for BG Staffing 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.

AMEX:BGSF DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.43%)
2020 23.27 Est @ 21.75% 21.46
2021 27.01 Est @ 16.04% 22.97
2022 30.26 Est @ 12.05% 23.73
2023 33.06 Est @ 9.25% 23.91
2024 35.47 Est @ 7.3% 23.66
2025 37.57 Est @ 5.93% 23.12
2026 39.44 Est @ 4.97% 22.38
2027 41.14 Est @ 4.3% 21.52
2028 42.71 Est @ 3.83% 20.61
2029 44.20 Est @ 3.5% 19.67
Present value of next 10 years cash flows $223.04
AMEX:BGSF DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $44.20 × (1 + 2.73%) ÷ (8.43% – 2.73%)
$796.23
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $796.23 ÷ (1 + 8.43%)10
$354.34
AMEX:BGSF Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $223.04 + $354.34
$577.38
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $577.38 / 10.23
$56.44
AMEX:BGSF Discount to Share Price
Calculation Result
Value per share (USD) From above. $56.44
Current discount Discount to share price of $17.90
= -1 x ($17.90 - $56.44) / $56.44
68.3%

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

Current Discount
Amount off the current price BG Staffing is available for.
Intrinsic value
>50%
Share price is $17.9 vs Future cash flow value of $56.44
Current Discount Checks
For BG Staffing to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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 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 BG Staffing's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BG Staffing's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:BGSF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.77
AMEX:BGSF Share Price ** AMEX (2019-07-23) in USD $17.9
United States of America Professional Services Industry PE Ratio Median Figure of 39 Publicly-Listed Professional Services Companies 22.58x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.8x

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

** Primary Listing of BG Staffing.

AMEX:BGSF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:BGSF Share Price ÷ EPS (both in USD)

= 17.9 ÷ 1.77

10.13x

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

  • BG Staffing is good value based on earnings compared to the US Professional Services industry average.
  • BG Staffing is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does BG Staffing's expected growth come at a high price?
Raw Data
AMEX:BGSF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
1.7%per year
United States of America Professional Services Industry PEG Ratio Median Figure of 31 Publicly-Listed Professional Services Companies 1.91x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

AMEX:BGSF PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.13x ÷ 1.7%

6.02x

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

  • BG Staffing is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on BG Staffing's assets?
Raw Data
AMEX:BGSF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $6.38
AMEX:BGSF Share Price * AMEX (2019-07-23) in USD $17.9
United States of America Professional Services Industry PB Ratio Median Figure of 62 Publicly-Listed Professional Services Companies 2.39x
United States of America Market PB Ratio Median Figure of 5,249 Publicly-Listed Companies 1.78x
AMEX:BGSF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:BGSF Share Price ÷ Book Value per Share (both in USD)

= 17.9 ÷ 6.38

2.81x

* Primary Listing of BG Staffing.

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

  • BG Staffing is overvalued based on assets compared to the US Professional Services industry average.
X
Value checks
We assess BG Staffing'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 Professional Services 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 Professional Services industry average (and greater than 0)? (1 check)
  5. BG Staffing has a total score of 4/6, 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.

BGSF Future Performance

 How is BG Staffing expected to perform in the next 1 to 3 years based on estimates from 2 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
1.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BG Staffing expected to grow at an attractive rate?
  • BG Staffing's earnings growth is positive but not above the low risk savings rate of 2.7%.
Growth vs Market Checks
  • BG Staffing's earnings growth is positive but not above the United States of America market average.
  • BG Staffing's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
AMEX:BGSF Future Growth Rates Data Sources
Data Point Source Value (per year)
AMEX:BGSF Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 1.7%
AMEX:BGSF Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5%
United States of America Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 32%
United States of America Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
AMEX:BGSF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:BGSF Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 315 22 17 1
2019-12-31 301 20 13 2
AMEX:BGSF Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 289 20 18
2018-12-30 287 18 18
2018-09-30 291 17 12
2018-07-01 285 15 10
2018-04-01 283 15 7
2017-12-31 273 18 6
2017-09-24 261 14 9
2017-06-25 257 10 8
2017-03-26 251 11 7
2016-12-25 254 10 7
2016-09-25 256 13 6
2016-06-26 249 14 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BG Staffing's earnings are expected to grow by 1.7% yearly, however this is not considered high growth (20% yearly).
  • BG Staffing's revenue is expected to grow by 5% 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
AMEX:BGSF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from BG Staffing Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:BGSF Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.68 1.68 1.68 1.00
2019-12-31 1.26 1.30 1.22 2.00
AMEX:BGSF Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.77
2018-12-30 1.83
2018-09-30 1.28
2018-07-01 1.11
2018-04-01 0.80
2017-12-31 0.67
2017-09-24 1.04
2017-06-25 0.95
2017-03-26 0.87
2016-12-25 0.85
2016-09-25 0.78
2016-06-26 0.80

*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.
  • Unable to establish if BG Staffing will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess BG Staffing'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
BG Staffing has a total score of 0/6, 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.

BGSF Past Performance

  How has BG Staffing 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 BG Staffing's growth in the last year to its industry (Professional Services).
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.
  • 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 (151.2% vs 48.7%)
  • BG Staffing's earnings growth has exceeded the US Professional Services industry average in the past year (151.2% vs 31.2%).
Earnings and Revenue History
BG Staffing'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 BG Staffing Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:BGSF Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 288.78 17.58 52.71
2018-12-30 286.86 17.55 51.07
2018-09-30 290.56 11.82 51.24
2018-07-01 284.78 9.90 48.40
2018-04-01 282.61 7.01 46.65
2017-12-31 272.60 5.85 44.28
2017-09-24 261.18 9.03 40.87
2017-06-25 257.30 8.24 39.98
2017-03-26 251.14 7.35 38.68
2016-12-25 253.85 6.88 37.97
2016-09-25 256.27 6.08 36.60
2016-06-26 249.03 5.95 34.01
2016-03-27 236.20 6.02 31.41
2015-12-27 217.53 5.35 29.39
2015-09-27 193.77 4.33 27.29
2015-06-28 181.61 2.48 25.81
2015-03-29 174.66 1.27 24.59
2014-12-28 172.81 -0.43 24.75
2014-09-28 173.67 -1.22 23.94
2014-06-29 173.53 -0.75 23.04
2014-03-30 165.94 -0.87 21.42
2013-12-29 151.68 0.30 18.62
2013-09-29 128.80 0.05 15.79
2013-06-30 101.57 -1.00 13.03
2013-03-31 85.07 -1.18 11.57
2012-12-30 76.76 -1.13 10.41

*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.
  • BG Staffing has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • BG Staffing used its assets more efficiently than the US Professional Services industry average last year based on Return on Assets.
  • BG Staffing's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess BG Staffing'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 Professional Services 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.
BG Staffing has a total score of 5/6, 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.

BGSF Health

 How is BG Staffing'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 BG Staffing's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 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.
Balance sheet
This treemap shows a more detailed breakdown of BG Staffing'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.1x 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 BG Staffing Company Filings, last reported 3 months ago.

AMEX:BGSF Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 65.25 18.19
2018-12-30 65.70 20.09
2018-09-30 62.85 23.98
2018-07-01 60.11 27.56
2018-04-01 39.47 42.96
2017-12-31 39.13 44.12
2017-09-24 42.11 43.68
2017-06-25 41.07 40.54
2017-03-26 39.70 19.67
2016-12-25 40.49 23.62
2016-09-25 40.29 18.97
2016-06-26 39.81 17.66
2016-03-27 24.99 29.65
2015-12-27 25.93 30.65
2015-09-27 25.27 24.75 0.06
2015-06-28 22.41 24.78
2015-03-29 16.58 30.05
2014-12-28 16.36 21.59
2014-09-28 8.21 32.35
2014-06-29 7.75 32.81
2014-03-30 7.39 32.08
2013-12-29 8.10 32.38
2013-09-29 2.75 31.97
2013-06-30 1.34 31.24
2013-03-31 1.12 23.99
2012-12-30 1.68 22.52
  • BG Staffing's level of debt (27.9%) 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 (433.8% vs 27.9% today).
  • Debt is well covered by operating cash flow (111.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.6x coverage).
X
Financial health checks
We assess BG Staffing'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. BG Staffing has a total score of 6/6, 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.

BGSF Dividends

 What is BG Staffing'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
6.7%
Current annual income from BG Staffing dividends. Estimated to be 6.7% next year.
If you bought $2,000 of BG Staffing shares you are expected to receive $134 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?
  • BG Staffing's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • BG Staffing's dividend is above the markets top 25% of dividend payers in United States of America (3.77%).
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
AMEX:BGSF 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 2 Analyst Estimates (S&P Global) See Below
United States of America Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

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

AMEX:BGSF Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 1.20 1.00
2019-12-31 1.20 1.00
AMEX:BGSF Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-09 1.200 6.468
2019-04-25 1.200 5.297
2019-02-06 1.200 5.045
2018-10-26 1.200 5.158
2018-07-25 1.200 4.613
2018-02-01 1.000 5.153
2017-10-23 1.000 6.229
2017-07-20 1.000 6.127
2017-04-20 1.000 5.916
2017-01-26 1.000 7.176
2016-10-19 1.000 7.132
2016-07-27 1.000 5.947
2016-04-28 1.000 5.959
2016-01-29 1.000 7.498
2015-10-29 1.000 7.363
2015-06-18 1.000 8.275
2015-05-05 1.000 8.884
2014-12-31 0.600 4.697

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

  • 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
What portion of BG Staffing's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.5x 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.
X
Income/ dividend checks
We assess BG Staffing's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 BG Staffing afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BG Staffing has a total score of 3/6, see the detailed checks below.


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

BGSF Management

 What is the CEO of BG Staffing'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
Beth Garvey
COMPENSATION $713,210
AGE 54
TENURE AS CEO 0.8 years
CEO Bio

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, Inc.) from August 5, 2016 to 2018. Ms. Garvey was Division President of Instaff and Donovan & Watkins at BG Staffing, Inc. since May 2013. She was Division President of BG Staffing's Commercial segment and the finance and accounting group. She served as President of Light Industrial Division at BG Staffing since May 2013. Ms. Garvey joined BG Staffing in May 2013. She was Chief Executive Officer of InStaff Personnel, LLC (formerly Instaff Holding Corp.) since November 2009 and was its President. Ms. Garvey served as Chief Operating Officer of InStaff Personnel, LLC from 2003 to 2009 and its Director of Operations since 1999 and also its Vice President of Operations since 2000. She served as the Senior Vice President of Operations at InStaff Personnel, LLC from 2001 to 2003. In 1998, she began at InStaff as the Director of Human Resources. She serves on the Board of Directors for InStaff, Junior Achievement and the North Dallas Regional Chamber of Commerce. Ms. Garvey worked in Human Resources at El Chico Corporation from 1990 to 1994 and Madix Store Fixtures from 1986 to 1989. In 2016, D CEO listed Garvey as one of the top Dallas 500 Business Leaders. In 2010, Ms Garvey was a Dallas Business Journal ‘Women in Business’ honoree recognizing outstanding local women business leaders who not only make a difference in their industries, but also in their communities.

CEO Compensation
  • Beth's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Beth's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the BG Staffing management team in years:

0.6
Average Tenure
  • The average tenure for the BG Staffing management team is less than 2 years, this suggests a new team.
Management Team

Beth Garvey

TITLE
CEO & President
COMPENSATION
$713K
AGE
54
TENURE
0.8 yrs

Dan Hollenbach

TITLE
CFO & Secretary
COMPENSATION
$550K
AGE
63
TENURE
3.9 yrs

Chris Loope

TITLE
Chief Information Officer
TENURE
0.3 yrs

Janel Hunt

TITLE
Vice President of People
TENURE
0.5 yrs

Eric Peters

TITLE
President of BG Professional Divisions

Dave McIntyre

TITLE
IT Division President

Drew Perry

TITLE
President of the Light Industrial Division
TENURE
1.5 yrs

Charity Ellis

TITLE
President of the Real Estate Divisions
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the BG Staffing board of directors in years:

4.9
Average Tenure
59
Average Age
  • The tenure for the BG Staffing board of directors is about average.
Board of Directors

L. Baker

TITLE
Chairman
COMPENSATION
$4M
AGE
69
TENURE
0.9 yrs

Doug Hailey

TITLE
Independent Director
COMPENSATION
$107K
AGE
57
TENURE
5.7 yrs

Richard Baum

TITLE
Independent Director
COMPENSATION
$107K
AGE
59
TENURE
5.7 yrs

C. Allen

TITLE
Independent Director
COMPENSATION
$82K
AGE
55
TENURE
4.9 yrs

Paul Seid

TITLE
Independent Director
COMPENSATION
$82K
AGE
71
TENURE
4.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. Dec 18 Sell Dan Hollenbach Individual 14. Dec 18 14. Dec 18 -5,250 $21.94 $-115,185
05. Dec 18 Sell Dan Hollenbach Individual 03. Dec 18 03. Dec 18 -3,000 $25.01 $-75,030
05. Dec 18 Sell Douglas Hailey Individual 03. Dec 18 03. Dec 18 -15,000 $25.01 $-375,150
04. Dec 18 Sell Douglas Hailey Individual 30. Nov 18 30. Nov 18 -4,328 $25.00 $-108,200
30. Nov 18 Sell Douglas Hailey Individual 29. Nov 18 29. Nov 18 -1,117 $25.00 $-27,925
29. Nov 18 Sell Douglas Hailey Individual 28. Nov 18 28. Nov 18 -3,355 $25.00 $-83,875
29. Nov 18 Sell Dan Hollenbach Individual 28. Nov 18 28. Nov 18 -2,000 $25.00 $-50,000
13. Nov 18 Sell Dan Hollenbach Individual 12. Nov 18 12. Nov 18 -2,000 $26.11 $-52,220
08. Nov 18 Sell Paul Seid Individual 01. Nov 18 01. Nov 18 -19,000 $25.84 $-490,960
10. Sep 18 Sell Douglas Hailey Individual 07. Sep 18 07. Sep 18 -2,603 $26.63 $-69,318
07. Sep 18 Sell Douglas Hailey Individual 06. Sep 18 06. Sep 18 -12,397 $27.43 $-340,050
06. Sep 18 Sell L. Baker Individual 05. Sep 18 05. Sep 18 -8,938 $26.58 $-237,572
05. Sep 18 Sell L. Baker Individual 04. Sep 18 04. Sep 18 -63,182 $26.48 $-1,673,059
04. Sep 18 Sell L. Baker Individual 31. Aug 18 31. Aug 18 -87,956 $24.12 $-2,121,499
31. Aug 18 Sell Paul Seid Individual 24. Aug 18 27. Aug 18 -8,440 $28.16 $-235,998
30. Aug 18 Sell L. Baker Individual 29. Aug 18 29. Aug 18 -4,216 $27.04 $-113,858
29. Aug 18 Sell Douglas Hailey Individual 27. Aug 18 28. Aug 18 -10,000 $27.81 $-277,044
29. Aug 18 Sell L. Baker Individual 28. Aug 18 28. Aug 18 -23,064 $27.13 $-625,726
29. Aug 18 Sell C. Allen Individual 27. Aug 18 27. Aug 18 -2,920 $27.81 $-81,205
28. Aug 18 Sell Richard Baum Individual 27. Aug 18 27. Aug 18 -1,598 $28.00 $-44,744
28. Aug 18 Sell Dan Hollenbach Individual 27. Aug 18 27. Aug 18 -4,900 $27.81 $-136,245
28. Aug 18 Sell L. Baker Individual 27. Aug 18 27. Aug 18 -14,727 $27.76 $-408,822
27. Aug 18 Sell L. Baker Individual 24. Aug 18 24. Aug 18 -12,580 $27.81 $-348,779
27. Aug 18 Sell Richard Baum Individual 24. Aug 18 24. Aug 18 -4,499 $28.40 $-127,572
27. Aug 18 Sell Dan Hollenbach Individual 24. Aug 18 24. Aug 18 -6,100 $28.15 $-169,771
29. Aug 18 Sell C. Allen Individual 24. Aug 18 24. Aug 18 -3,770 $28.16 $-104,946
X
Management checks
We assess BG Staffing'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. BG Staffing 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.

BGSF News

Simply Wall St News

One Thing To Remember About The BG Staffing, Inc. (NYSEMKT:BGSF) Share Price

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market. … If the future looks like the past, we could therefore consider it likely that the stock price will experience share price volatility that is roughly similar to the overall market.

Simply Wall St -

Should You Be Worried About Insider Transactions At BG Staffing, Inc. (NYSEMKT:BGSF)?

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' See our latest analysis for BG Staffing The Last 12 Months Of Insider Transactions At BG Staffing In the last twelve months, the biggest single sale by an insider was when the Chairman, L. … AMEX:BGSF Recent Insider Trading, June 24th 2019 I will like BG Staffing better if I see some big insider buys. … Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term.

Simply Wall St -

Why BG Staffing, Inc. (NYSEMKT:BGSF) Could Be Worth Watching

AMEX:BGSF Past and Future Earnings, June 14th 2019 Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. … However, with a negative profit growth of -19% expected next year, near-term growth certainly doesn’t appear to be a driver for a buy decision for BG Staffing. … But keep in mind the risks that come with negative growth prospects in the future.

Simply Wall St -

Boasting A 27% Return On Equity, Is BG Staffing, Inc. (NYSEMKT:BGSF) A Top Quality Stock?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for BG Staffing: 27% = US$18m ÷ US$65m (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Does BG Staffing Have A Good Return On Equity? … Careful use of debt to boost returns is often very good for shareholders.

Simply Wall St -

Is BG Staffing, Inc. (NYSEMKT:BGSF) A Smart Choice For Dividend Investors?

With a goodly-sized dividend yield despite a relatively short payment history, investors might be wondering if BG Staffing is a new dividend aristocrat in the making. … We're not overly excited about the relatively short history of dividend payments, however the dividend is growing at a nice rate and we might take a closer look. … Dividend Growth Potential The other half of the dividend investing equation is evaluating whether earnings per share (EPS) are growing. Over the long term, dividends need to grow at or above the rate of inflation, in order to maintain the recipient's purchasing power. It's good to see BG Staffing has been growing its earnings per share at 100% a year over the past 5 years. With recent, rapid earnings per share growth and a payout ratio of 68%, this business looks like an interesting prospect if earnings are reinvested effectively. We'd also point out that BG Staffing issued a meaningful number of new shares in the past year. Regularly issuing new shares can be detrimental - it's hard to grow dividends per share when new shares are regularly being created. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

Should You Be Adding BG Staffing (NYSEMKT:BGSF) To Your Watchlist Today?

If you believe that markets are even vaguely efficient, then over the long term you'd expect a company's share price to follow its earnings per share (EPS). … I like to take a look at earnings before interest and (EBIT) tax margins, as well as revenue growth, to get another take on the quality of the company's growth. … You can take a look at the company's revenue and earnings growth trend, in the chart below

Simply Wall St -

Looking At BG Staffing, Inc. (NYSEMKT:BGSF) From All Angles

Attractive stocks have exceptional fundamentals. … In the case of BG Staffing, Inc. … (NYSEMKT:BGSF), there's

Simply Wall St -

Could The BG Staffing, Inc. (NYSEMKT:BGSF) Ownership Structure Tell Us Something Useful?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … BG Staffing is not a large company by global standards. … institutions are noticeable on the share registry

Simply Wall St -

Can BG Staffing, Inc.'s (NYSEMKT:BGSF) ROE Continue To Surpass The Industry Average?

Our data shows BG Staffing has a return on equity of 19% for the last year. … That means that for every $1 worth of shareholders' equity, it generated $0.19 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Do You Like BG Staffing, Inc. (NYSEMKT:BGSF) At This P/E Ratio?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … That is equivalent to an earnings yield of about 4.8%. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

BGSF Company Info

Description

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 maintenance personnel to the various apartment communities and commercial buildings. The Professional segment provides skilled IT professionals with expertise in SAP, Workday, Olik View, Hyperion, Oracle, project management, and other IT staffing skills, as well as finance, accounting, legal, and related support personnel. The Light Industrial segment offers temporary workers for various skilled and unskilled positions primarily to manufacturing, distribution, logistics, and call center customers. The company was formerly known as LTN Staffing, LLC and changed its name to BG Staffing, Inc. in November 2013. BG Staffing, Inc. is headquartered in Plano, Texas.

Details
Name: BG Staffing, Inc.
BGSF
Exchange: AMEX
Founded:
$183,115,442
10,229,913
Website: http://www.bgstaffing.com
Address: BG Staffing, Inc.
5850 Granite Parkway,
Suite 730,
Plano,
Texas, 75024,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX BGSF Common Stock NYSE MKT LLC US USD 09. Apr 2014
DB BGK Common Stock Deutsche Boerse AG DE EUR 09. Apr 2014
Number of employees
Current staff
Staff numbers
349
BG Staffing employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/24 02:25
End of day share price update: 2019/07/23 00:00
Last estimates confirmation: 2019/05/20
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/30


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.