Latest Ratios: P/E Ratio -7.3x · EV/EBITDA 8.0x · ROE -8.8%. (1998–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $321M | $335M | $560M | $780M | $786M | $2.0B | $1.8B | $1.2B | $1.9B | $2.3B | $2.8B |
| Enterprise Value | $2.3B | $2.3B | $2.6B | $2.9B | $3.2B | $4.3B | $4.1B | $3.1B | $3.5B | $4.4B | $4.5B |
| P/E Ratio → | -7.31 | — | — | — | — | 30.13 | 13.59 | 15.32 | 11.12 | 10.78 | 25.32 |
| P/S Ratio | 0.18 | 0.18 | 0.29 | 0.38 | 0.36 | 0.98 | 0.91 | 0.70 | 1.13 | 1.42 | 2.02 |
| P/B Ratio | 0.70 | 0.74 | 1.07 | 0.93 | 0.91 | 2.20 | 2.15 | 1.44 | 2.13 | 2.66 | 3.54 |
| P/FCF | 4.53 | 4.73 | 5.40 | 3.51 | — | 40.17 | 7.03 | 281.07 | 11.41 | — | 11.24 |
| P/OCF | 3.16 | 3.30 | 4.28 | 3.15 | 131.77 | 21.52 | 6.36 | 25.08 | 9.14 | 62.03 | 9.59 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.25 | 1.34 | 1.38 | 1.48 | 2.10 | 2.09 | 1.85 | 2.08 | 2.65 | 3.26 |
| EV / EBITDA | 7.96 | 8.01 | — | 16.92 | 16.31 | 14.76 | 11.66 | 11.23 | 9.00 | 15.17 | 15.43 |
| EV / EBIT | 11.43 | 11.50 | — | 33.92 | 30.17 | 21.55 | 14.72 | 15.09 | 10.72 | 18.16 | 17.79 |
| EV / FCF | — | 32.22 | 24.95 | 12.86 | — | 85.94 | 16.12 | 741.49 | 21.11 | — | 18.10 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.9% | 20.9% | 21.8% | 22.1% | 18.9% | 21.3% | 24.5% | 23.1% | 20.5% | 26.8% | 31.3% |
| Operating Margin | 10.8% | 10.8% | -9.2% | 3.9% | 4.6% | 9.5% | 14.0% | 12.3% | 20.0% | 14.5% | 18.4% |
| Net Profit Margin | -2.4% | -2.4% | -13.0% | -3.2% | -0.5% | 3.3% | 6.7% | 4.6% | 10.1% | 13.2% | 8.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -8.8% | -8.8% | -36.9% | -7.8% | -1.3% | 7.7% | 16.1% | 8.9% | 19.4% | 26.1% | 17.6% |
| ROA | -1.5% | -1.5% | -7.8% | -1.8% | -0.3% | 1.8% | 3.8% | 2.4% | 5.2% | 6.6% | 3.9% |
| ROIC | 6.0% | 6.0% | -4.9% | 1.9% | 2.3% | 4.6% | 7.1% | 5.8% | 9.4% | 6.6% | 8.1% |
| ROCE | 7.4% | 7.4% | -6.0% | 2.4% | 2.8% | 5.5% | 8.5% | 7.0% | 11.0% | 7.7% | 9.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 4.42 | 4.42 | 3.96 | 2.53 | 2.83 | 2.54 | 2.85 | 2.36 | 1.82 | 2.52 | 2.20 |
| Debt / EBITDA | 7.03 | 7.03 | — | 12.54 | 12.54 | 7.97 | 6.73 | 7.01 | 4.16 | 7.72 | 5.95 |
| Net Debt / Equity | — | 4.29 | 3.86 | 2.49 | 2.78 | 2.50 | 2.79 | 2.35 | 1.81 | 2.28 | 2.16 |
| Net Debt / EBITDA | 6.83 | 6.83 | — | 12.30 | 12.31 | 7.86 | 6.58 | 6.97 | 4.13 | 7.01 | 5.85 |
| Debt / FCF | — | 27.49 | 19.55 | 9.35 | — | 45.77 | 9.10 | 460.42 | 9.70 | — | 6.86 |
| Interest Coverage | 1.30 | 1.30 | -1.10 | 0.56 | 0.85 | 1.88 | 2.75 | 2.08 | 3.05 | 2.61 | 3.38 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.53 | 3.53 | 3.30 | 3.06 | 3.75 | 3.42 | 3.00 | 3.05 | 2.27 | 4.40 | 2.63 |
| Quick Ratio | 1.64 | 1.64 | 1.14 | 0.89 | 1.08 | 0.92 | 1.00 | 0.87 | 0.71 | 1.91 | 0.90 |
| Cash Ratio | 0.25 | 0.25 | 0.21 | 0.16 | 0.17 | 0.14 | 0.21 | 0.05 | 0.05 | 1.02 | 0.14 |
| Asset Turnover | — | 0.65 | 0.65 | 0.60 | 0.56 | 0.54 | 0.52 | 0.51 | 0.56 | 0.46 | 0.45 |
| Inventory Turnover | 3.44 | 3.44 | 2.95 | 2.82 | 2.41 | 2.66 | 3.02 | 2.71 | 3.37 | 2.40 | 2.65 |
| Days Sales Outstanding | — | 31.54 | 34.25 | 26.73 | 26.67 | 26.55 | 27.58 | 33.60 | 32.86 | 35.07 | 34.59 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 19.2% | 18.1% | 10.7% | 7.2% | 17.0% | 6.1% | 6.8% | 10.6% | 6.5% | 5.3% | 3.6% |
| Payout Ratio | — | — | — | — | — | 182.4% | 92.3% | 161.9% | 72.2% | 56.9% | 92.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 3.3% | 7.4% | 6.5% | 9.0% | 9.3% | 3.9% |
| FCF Yield | 22.1% | 21.1% | 18.5% | 28.5% | — | 2.5% | 14.2% | 0.4% | 8.8% | — | 8.9% |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 3.0% | 1.4% | 0.0% | 0.0% |
| Total Shareholder Yield | 19.2% | 18.1% | 10.8% | 7.2% | 17.0% | 6.1% | 6.8% | 13.6% | 7.9% | 5.3% | 3.6% |
| Shares Outstanding | — | $80M | $79M | $74M | $70M | $66M | $65M | $65M | $66M | $67M | $63M |
High Debt Service Burden
According to recent market data, BGS trades at a forward P/E of 7.37x, which, when viewed alongside a negative TTM P/E, suggests that investors are pricing in significant terminal value risk rather than anticipating a near-term recovery in earnings power or operational stability.
The low P/S ratio of 0.18x relative to historical averages indicates that the market has largely abandoned the growth narrative for the company's portfolio of brands. This valuation appears to be driven by the high cost of debt and the potential for further equity dilution, rather than the intrinsic value of the underlying consumer staples.
Based on reported financial statements, the company's ROIC has struggled to maintain positive territory, hovering at a meager 1.4% in 2026Q1, which suggests that the capital deployed into the business is failing to generate returns that exceed the company's weighted average cost of capital.
The persistent decay in ROIC over the last ten quarters highlights the inefficiency of the current acquisition-heavy strategy. Investors should monitor whether management can improve these returns through divestitures, as the current trend indicates a destruction of shareholder value rather than compounding.
As reported in recent filings, the cash conversion cycle has remained elevated, reaching 109 days in 2026Q1, which indicates that the company's ability to efficiently manage inventory and collect receivables is being hampered by the operational complexities of its diverse, low-turnover brand portfolio.
The high days inventory outstanding (DIO) of 106 days suggests that the company is carrying significant excess stock, which ties up liquidity that is desperately needed for debt service. This inefficiency appears structural, likely exacerbated by the seasonal nature of the frozen food segment and the lack of bargaining power with major retailers.
According to quarterly balance sheet data, the debt-to-equity ratio reached a peak of 4.42x in 2025Q4, a level that warrants significant concern as it leaves the company with virtually no margin for error in managing its interest obligations during periods of operational volatility.
The interest coverage ratio, which has dipped as low as -6.45x in recent periods, underscores the precarious nature of the company's solvency. This leverage profile suggests that the dividend is likely unsustainable without a significant reduction in debt, as cash flow is increasingly diverted toward interest payments rather than reinvestment.
The dividend yield of 18.4% is the most commonly misapplied metric for BGS, as it obscures the underlying reality that the company is paying out cash it is not generating through operations, effectively signaling a potential liquidity crisis rather than a stable income opportunity.
Investors often mistake high yields in the CPG sector for defensive stability, but in this case, the yield is a symptom of a depressed share price driven by balance sheet concerns. A more appropriate metric for evaluating this business would be the free cash flow yield, which would reveal the true, and currently negative, sustainability of these distributions.
Includes 30+ ratios · 28 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BGS stock.
B&G Foods, Inc.'s current P/E ratio is -7.3x. The historical average is 22.4x.
B&G Foods, Inc.'s current EV/EBITDA is 8.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.7x.
B&G Foods, Inc.'s return on equity (ROE) is -8.8%. The historical average is 11.1%.
Based on historical data, B&G Foods, Inc. is trading at a P/E of -7.3x. Compare with industry peers and growth rates for a complete picture.
B&G Foods, Inc.'s current dividend yield is 19.24%.
B&G Foods, Inc. has 20.9% gross margin and 10.8% operating margin. Operating margin between 10-20% is typical for established companies.
B&G Foods, Inc.'s Debt/EBITDA ratio is 7.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.