NasdaqGM:BRID

Stock Analysis Report

Executive Summary

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States.

Snowflake

Fundamentals

Excellent balance sheet with concerning outlook.

Share Price & News

How has Bridgford Foods's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-12.1%

BRID

-1.2%

US Food

0.5%

US Market


1 Year Return

58.6%

BRID

0.3%

US Food

6.8%

US Market

Return vs Industry: BRID exceeded the US Food industry which returned 0.3% over the past year.

Return vs Market: BRID exceeded the US Market which returned 6.8% over the past year.


Shareholder returns

BRIDIndustryMarket
7 Day-12.1%-1.2%0.5%
30 Day-26.4%-2.9%-0.8%
90 Day-26.8%-1.8%-0.9%
1 Year58.6%58.6%3.2%0.3%9.2%6.8%
3 Year102.7%102.7%-2.1%-10.7%45.6%36.2%
5 Year202.4%202.4%44.2%27.0%63.2%45.4%

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

Valuation

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

32.12x

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 (32.1x) compared to the Food industry average (25.4x).

PE vs Market: BRID is poor value based on its PE Ratio (32.1x) compared to the US market (17.7x).


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 (3.3x) 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?

7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRID's forecast earnings growth (7.3% per year) is above the savings rate (2.7%).

Earnings vs Market: BRID's earnings (7.3% per year) are forecast to grow slower than the US market (14.6% per year).

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

Revenue vs Market: Insufficient data to determine if BRID's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if BRID's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Bridgford Foods performed over the past 5 years?

17.3%

Historical annual earnings growth


Earnings and Revenue History


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 (-22.7%).


Return on Equity

High ROE: BRID's Return on Equity (10.2%) is considered low.


Return on Assets

ROA vs Industry: BRID's Return on Assets is below or equal to the Food industry average last year.


Return on Capital Employed

ROCE Improving: BRID's Return on Capital Employed has declined over the past 3 years.


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 3.772150x debt).


Next Steps

Dividend

What is Bridgford Foods's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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 ($USD588.70K) is about average for companies of similar size in the US market ($USD1.16M).

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

BuyUS$2,94325 Sep 19
Richard Bridgford
EntityIndividual
Shares100
Max PriceUS$29.43
SellUS$160,86020 Sep 19
Debra Dealcuaz
EntityIndividual
Shares4,596
Max PriceUS$35.00
SellUS$117,93603 Sep 19
Bruce Bridgford
EntityIndividual
Shares3,448
Max PriceUS$35.19
BuyUS$4,35011 Jul 19
Richard Bridgford
EntityIndividual
Shares150
Max PriceUS$29.00
BuyUS$5,93302 Apr 19
Richard Bridgford
EntityIndividual
Shares250
Max PriceUS$23.73
SellUS$116,38920 Mar 19
William Bridgford
EntityIndividual
Role
Chief Executive Officer
Chairman of the Board & Member of the Executive Committee
Shares5,056
Max PriceUS$23.02

Ownership Breakdown


Management Team

  • Allan Bridgford (84yo)

    VP & Director

    • Tenure: 0.2yrs
    • 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: 0.2yrs
    • Compensation: US$292.85k
  • Keith Ross (56yo)

    Director

    • Tenure: 3.6yrs
    • 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)

    Director

    • Tenure: 15.3yrs
    • Compensation: US$20.75k
  • D. Scott (63yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: US$20.90k
  • Mary Schott (58yo)

    Director

    • Tenure: 0yrs
  • 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$233.275m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRIDNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDDec 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 23:33
End of Day Share Price2019/10/18 00:00
Earnings2019/07/12
Annual Earnings2018/11/02


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.