Bridgford Foods
Market Cap
US$164.4m
Last Updated
2020/11/27 00:12 UTC
Data Sources
Company Financials
Executive Summary
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and overvalued.
Share Price & News
How has Bridgford Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BRID is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BRID's weekly volatility has decreased from 11% to 4% over the past year.
Market Performance
7 Day Return
-1.4%
BRID
-0.06%
US Food
2.1%
US Market
1 Year Return
-31.7%
BRID
4.4%
US Food
19.8%
US Market
Return vs Industry: BRID underperformed the US Food industry which returned 4.4% over the past year.
Return vs Market: BRID underperformed the US Market which returned 19.7% over the past year.
Shareholder returns
| BRID | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -0.06% | 2.1% |
| 30 Day | -1.6% | 2.1% | 8.1% |
| 90 Day | 2.3% | -1.3% | 6.0% |
| 1 Year | -31.7%-31.7% | 7.0%4.4% | 22.5%19.8% |
| 3 Year | 46.0%46.0% | 5.7%-3.0% | 46.5%36.8% |
| 5 Year | 86.7%86.7% | 22.3%5.8% | 96.9%75.3% |
Long-Term Price Volatility Vs. Market
How volatile is Bridgford Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall St
Should You Be Worried About Insider Transactions At Bridgford Foods Corporation (NASDAQ:BRID)?8 months ago | Simply Wall St
How Does Bridgford Foods's (NASDAQ:BRID) P/E Compare To Its Industry, After The Share Price Drop?8 months ago | Simply Wall St
How Does Investing In Bridgford Foods Corporation (NASDAQ:BRID) Impact The Volatility Of Your Portfolio?Valuation
Is Bridgford Foods undervalued compared to its fair value and its price relative to the market?
24.53x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BRID's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BRID's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BRID is good value based on its PE Ratio (24.5x) compared to the US Food industry average (25.4x).
PE vs Market: BRID is poor value based on its PE Ratio (24.5x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BRID's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BRID is overvalued based on its PB Ratio (2.3x) compared to the US Food industry average (2.1x).
Next Steps
Future Growth
How is Bridgford Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.1%
Forecasted Food, Beverage & Tobacco industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bridgford Foods has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Bridgford Foods's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Food, Beverage & Tobacco industry.
Past Performance
How has Bridgford Foods performed over the past 5 years?
-15.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRID has a high level of non-cash earnings.
Growing Profit Margin: BRID's current net profit margins (3.5%) are lower than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: BRID's earnings have declined by 15.9% per year over the past 5 years.
Accelerating Growth: BRID's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BRID had negative earnings growth (-7.8%) over the past year, making it difficult to compare to the Food industry average (-6.3%).
Return on Equity
High ROE: BRID's Return on Equity (9.3%) is considered low.
Next Steps
Financial Health
How is Bridgford Foods's financial position?
Financial Position Analysis
Short Term Liabilities: BRID's short term assets ($67.4M) exceed its short term liabilities ($22.0M).
Long Term Liabilities: BRID's short term assets ($67.4M) exceed its long term liabilities ($52.8M).
Debt to Equity History and Analysis
Debt Level: BRID's debt to equity ratio (42.1%) is considered high.
Reducing Debt: BRID had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BRID's debt is well covered by operating cash flow (33.4%).
Interest Coverage: Insufficient data to determine if BRID's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Bridgford Foods's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BRID's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BRID's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BRID's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BRID's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BRID is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BRID's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
14.7yrs
Average management tenure
CEO
William Bridgford (65 yo)
no data
Tenure
US$958,981
Compensation
Mr. William L. Bridgford served as the President at Bridgford Foods Corp. since June 2004 to March 2006 and also served for its President of California division. He served as the Vice President and Secreta...
CEO Compensation Analysis
Compensation vs Market: William's total compensation ($USD958.98K) is about average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: William's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & Member of the Executive Committee | no data | US$958.98k | 0.082% $ 135.1k | |
| President | 9.83yrs | US$763.84k | 0.0040% $ 6.6k | |
| Executive VP | 7.83yrs | US$911.80k | 0.0027% $ 4.4k | |
| VP, Chairman of the Executive Committee & Director | 1.25yrs | US$340.61k | 1.72% $ 2.8m | |
| Consultant | no data | US$712.12k | 0.22% $ 362.2k | |
| Senior Vice President | no data | no data | no data | |
| Company Secretary & Controller | no data | no data | no data | |
| President of Bridgford Processing Company of Illinois & Bridgford Foods of Illinois | no data | no data | 0.018% $ 30.0k | |
| President of Dallas – Superior Foods Division | no data | no data | no data | |
| VP & Assistant Secretary | no data | no data | no data |
14.7yrs
Average Tenure
64.5yo
Average Age
Experienced Management: BRID's management team is seasoned and experienced (14.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & Member of the Executive Committee | no data | US$958.98k | 0.082% $ 135.1k | |
| President | 9.83yrs | US$763.84k | 0.0040% $ 6.6k | |
| Executive VP | 7.83yrs | US$911.80k | 0.0027% $ 4.4k | |
| VP, Chairman of the Executive Committee & Director | 1.25yrs | US$340.61k | 1.72% $ 2.8m | |
| Director | 4.67yrs | US$23.64k | no data | |
| Independent Director | 16.42yrs | US$22.03k | 0.0022% $ 3.6k | |
| Independent Director | 14.83yrs | US$27.14k | 0.094% $ 154.8k | |
| Independent Director | 1.08yrs | US$2.93k | no data |
8.8yrs
Average Tenure
64yo
Average Age
Experienced Board: BRID's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if 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
Bridgford Foods Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bridgford Foods Corporation
- Ticker: BRID
- Exchange: NasdaqGM
- Founded: 1932
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$164.381m
- Shares outstanding: 9.08m
- Website: https://www.bridgford.com
Number of Employees
Location
- Bridgford Foods Corporation
- 1308 North Patt Street
- Anaheim
- California
- 92801
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BRID | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Dec 1972 |
Biography
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. It operates in two segments, Frozen F...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/27 00:12 |
| End of Day Share Price | 2020/11/25 00:00 |
| Earnings | 2020/07/10 |
| Annual Earnings | 2019/11/01 |
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.