NasdaqGM:BRID

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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


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.9%

BRID

-0.2%

US Food

1.0%

US Market


1 Year Return

-48.4%

BRID

1.8%

US Food

13.6%

US Market

Return vs Industry: BRID underperformed the US Food industry which returned 2.4% over the past year.

Return vs Market: BRID underperformed the US Market which returned 14.2% over the past year.


Shareholder returns

BRIDIndustryMarket
7 Day3.9%-0.2%1.0%
30 Day-2.3%-2.9%-0.4%
90 Day9.2%3.4%8.9%
1 Year-48.4%-48.4%4.3%1.8%16.2%13.6%
3 Year48.2%48.2%8.6%-0.4%40.2%30.8%
5 Year80.9%80.9%17.6%1.6%89.6%68.2%

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?

24.41x

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 (24.4x) compared to the US Food industry average (25.3x).

PE vs Market: BRID is poor value based on its PE Ratio (24.4x) compared to the US market (18.6x).


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 (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?

19.1%

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

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 (-4.5%).


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?

14.5yrs

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 ($USD958.98K) is about average for companies of similar size in the US market ($USD1.28M).

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

NamePositionTenureCompensationOwnership
William Bridgford
Chairman of the Board & Member of the Executive Committeeno dataUS$958.98k0.082%
$ 134.5k
John Simmons
President9.67yrsUS$763.84k0.0040%
$ 6.5k
Raymond Lancy
Executive VP7.67yrsUS$911.80k0.0027%
$ 4.4k
Allan Bridgford
VP, Chairman of the Executive Committee & Director1.08yrsUS$340.61k1.72%
$ 2.8m
Daniel Yost
Senior Vice Presidentno datano datano data
Cindy Matthews-Morales
Company Secretary & Controllerno datano datano data
Baron Bridgford
President of Bridgford Processing Company of Illinois & Bridgford Foods of Illinoisno datano data0.018%
$ 29.8k
Blaine Bridgford
President of Dallas – Superior Foods Divisionno datano datano data
Michael Bridgford
VP & Assistant Secretaryno datano datano data

14.5yrs

Average Tenure

65yo

Average Age

Experienced Management: BRID's management team is seasoned and experienced (14.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Bridgford
Chairman of the Board & Member of the Executive Committeeno dataUS$958.98k0.082%
$ 134.5k
John Simmons
President9.67yrsUS$763.84k0.0040%
$ 6.5k
Raymond Lancy
Executive VP7.67yrsUS$911.80k0.0027%
$ 4.4k
Allan Bridgford
VP, Chairman of the Executive Committee & Director1.08yrsUS$340.61k1.72%
$ 2.8m
Keith Ross
Director4.5yrsUS$23.64kno data
Todd Andrews
Independent Director16.25yrsUS$22.03k0.0022%
$ 3.6k
D. Scott
Independent Director14.67yrsUS$27.14k0.094%
$ 154.1k
Mary Schott
Independent Director0.92yrUS$2.93kno data
Allan Bridgford
Director9.67yrsUS$712.12k0.22%
$ 360.4k

9.7yrs

Average Tenure

64yo

Average Age

Experienced Board: BRID's board of directors are considered experienced (9.7 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$163.565m
  • 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. It operates in two segments, Frozen F ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 06:11
End of Day Share Price2020/09/17 00:00
Earnings2020/07/10
Annual Earnings2019/11/01


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.