Bridgford Foods
Market Cap
US$224.2m
Last Updated
2019/11/21 23:32 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.
Snowflake
Excellent balance sheet with poor track record.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.1%
BRID
-0.7%
US Food
-0.2%
US Market
1 Year Return
33.5%
BRID
4.3%
US Food
16.1%
US Market
Return vs Industry: BRID exceeded the US Food industry which returned 4.3% over the past year.
Return vs Market: BRID exceeded the US Market which returned 16.1% over the past year.
Shareholder returns
| BRID | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | -0.7% | -0.2% |
| 30 Day | -2.4% | 2.7% | 3.7% |
| 90 Day | -28.3% | 1.0% | 8.5% |
| 1 Year | 33.5%33.5% | 7.3%4.3% | 18.7%16.1% |
| 3 Year | 113.6%113.6% | 2.2%-6.1% | 46.9%37.4% |
| 5 Year | 222.4%222.4% | 35.5%19.2% | 61.8%44.0% |
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
4 days ago | Simply Wall St
Bridgford Foods (NASDAQ:BRID) Seems To Use Debt Quite Sensibly4 weeks ago | Simply Wall St
Our Take On Bridgford Foods Corporation's (NASDAQ:BRID) CEO Salary1 month ago | Simply Wall St
Does Bridgford Foods Corporation (NASDAQ:BRID) Have A High Beta?Valuation
Is Bridgford Foods undervalued compared to its fair value and its price relative to the market?
30.83x
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 poor value based on its PE Ratio (30.8x) compared to the Food industry average (24.9x).
PE vs Market: BRID is poor value based on its PE Ratio (30.8x) compared to the US market (18x).
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 (3.2x) compared to the US Food industry average (2.2x).
Next Steps
Future Growth
How is Bridgford Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.7%
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?
17.3%
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 (3.9%) are lower than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: BRID has become profitable over the past 5 years, growing earnings by 17.3% per year.
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 (-2.4%) over the past year, making it difficult to compare to the Food industry average (-17.5%).
Return on Equity
High ROE: BRID's Return on Equity (10.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Bridgford Foods's financial position?
Financial Position Analysis
Short Term Liabilities: BRID's short term assets ($54.2M) exceeds its short term liabilities ($20.9M)
Long Term Liabilities: BRID's short term assets ($54.2M) exceeds its long term liabilities (28.5M)
Debt to Equity History and Analysis
Debt Level: BRID's debt to equity ratio (20.3%) is considered satisfactory.
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 (57.8%).
Interest Coverage: Insufficient data to determine if BRID's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: BRID has a high level of physical assets or inventory.
Debt Coverage by Assets: BRID's debt is covered by short term assets (assets are 3.8x debt).
Next Steps
Dividend
What is Bridgford Foods's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BRID's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BRID's dividend yield against the top 25% of dividend payers, as the company has not reported any 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
What is the CEO of Bridgford Foods's salary, the management and board of directors tenure and is there insider trading?
8.8yrs
Average board tenure
CEO
William Bridgford (64yo)
0yrs
Tenure
US$588,695
Compensation
Mr. William L. Bridgford served as the President at Bridgford Foods Corp. since June 2004 to March 2006 and also served for its President of California division. He served as the Vice President and Secreta ...
CEO Compensation Analysis
Compensation vs Market: William's total compensation ($USD588.70K) is below average for companies of similar size in the US market ($USD1.12M).
Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.
Board Age and Tenure
8.8yrs
Average Tenure
63yo
Average Age
Experienced Board: BRID's board of directors are considered experienced (8.8 years average tenure).
Insider Trading
Insider Buying: BRID insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 100 |
| Max Price | US$29.43 |
| Entity | Individual |
| Shares | 4,596 |
| Max Price | US$35.00 |
| Entity | Individual |
| Shares | 3,448 |
| Max Price | US$35.19 |
| Entity | Individual |
| Shares | 150 |
| Max Price | US$29.00 |
| Entity | Individual |
| Shares | 250 |
| Max Price | US$23.73 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman of the Board & Member of the Executive Committee |
| Shares | 5,056 |
| Max Price | US$23.02 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Allan Bridgford (84yo)
VP & Director
- Tenure: 0.3yrs
- Compensation: US$292.85k
Raymond Lancy (65yo)
VP, CFO
- Tenure: 6.8yrs
- Compensation: US$588.70k
William Bridgford (64yo)
Chairman of the Board & Member of the Executive Committee
- Tenure: 0yrs
- Compensation: US$588.70k
Daniel Yost
Senior Vice President
- Tenure: 0yrs
John Simmons (63yo)
President
- Tenure: 8.8yrs
- Compensation: US$613.07k
Cindy Matthews-Morales (49yo)
Company Secretary & Controller
- Tenure: 0yrs
Baron Bridgford
President of Bridgford Processing Company of Illinois & Bridgford Foods of Illinois
- Tenure: 0yrs
Michael Bridgford
VP & Assistant Secretary
- Tenure: 0yrs
Blaine Bridgford
President of Dallas – Superior Foods Division
- Tenure: 0yrs
Board Members
Allan Bridgford (84yo)
VP & Director
- Tenure: 0.3yrs
- Compensation: US$292.85k
Keith Ross (56yo)
Director
- Tenure: 3.7yrs
- Compensation: US$73.89k
Raymond Lancy (65yo)
VP, CFO
- Tenure: 6.8yrs
- Compensation: US$588.70k
William Bridgford (64yo)
Chairman of the Board & Member of the Executive Committee
- Tenure: 0yrs
- Compensation: US$588.70k
John Simmons (63yo)
President
- Tenure: 8.8yrs
- Compensation: US$613.07k
Todd Andrews (54yo)
Independent Director
- Tenure: 15.4yrs
- Compensation: US$20.75k
D. Scott (63yo)
Independent Director
- Tenure: 13.8yrs
- Compensation: US$20.90k
Mary Schott (58yo)
Director
- Tenure: 0.08yrs
Allan Bridgford (60yo)
Director
- Tenure: 8.8yrs
- Compensation: US$662.30k
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$224.198m
- 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. The company operates in two segments, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/11/21 23:32 |
| End of Day Share Price | 2019/11/21 00:00 |
| Earnings | 2019/07/12 |
| Annual Earnings | 2018/11/02 |
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.