Bega Cheese Ltd

Consumer Defensive AU BGA

4.36AUD
0.21(5.06%)

Last update at 2024-05-02T06:10:00Z

Day Range

4.144.44
LowHigh

52 Week Range

2.414.43
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Income before tax -256.80000M 33.80M 97.40M 31.05M 18.91M
Minority interest - - - - -
Net income -229.90000M 24.20M 72.20M 21.27M 11.82M
Selling general administrative 230.50M 232.10M 191.90M 137.44M 114.32M
Selling and marketing expenses 417.90M 384.20M 208.80M 122.24M 123.25M
Gross profit 667.60M 697.80M 473.40M 296.91M 297.49M
Reconciled depreciation 101.90M 103.70M 72.80M 44.76M 40.37M
Ebit 38.00M 42.30M 107.90M 42.64M 49.50M
Ebitda 139.90M 146.00M 180.70M 87.40M 89.88M
Depreciation and amortization 101.90M 103.70M 72.80M 44.76M 40.37M
Non operating income net other - - - - -
Operating income 14.60M 82.90M 73.90M 38.40M 49.50M
Other operating expenses 3613.00M 2967.20M 1967.50M 1453.60M 1407.62M
Interest expense 18.90M 8.50M 8.30M 10.55M 20.36M
Tax provision -26.90000M 9.60M 25.20M 9.78M 3.93M
Interest income 1.00M 0.10M 0.10M 0.31M 0.41M
Net interest income -23.10000M -12.40000M -10.30000M -10.54600M -19.95200M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -26.90000M 9.60M 25.20M 9.78M 7.09M
Total revenue 3387.20M 3018.30M 2081.60M 1501.08M 1427.17M
Total operating expenses 750.30M 720.00M 405.80M 304.44M 277.94M
Cost of revenue 2719.60M 2320.50M 1608.20M 1204.17M 1129.67M
Total other income expense net -252.90000M -35.30000M -32.70000M 4.79M -30.59200M
Discontinued operations - - - - -
Net income from continuing ops -229.90000M 24.20M 72.20M 21.27M 11.82M
Net income applicable to common shares -229.90000M 24.20M 72.20M 21.27M 4.45M
Preferred stock and other adjustments - - - - -
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Total assets 2153.10M 2358.80M 2486.10M 1423.41M 1488.59M
Intangible assets 235.00M 240.70M 242.10M 201.65M 199.61M
Earning assets - - - - -
Other current assets 17.70M 16.10M 25.10M 53.10M 25.52M
Total liab 1149.40M 1096.40M 1225.40M 609.37M 662.65M
Total stockholder equity 1003.70M 1262.40M 1260.70M 814.04M 825.94M
Deferred long term liab - - - - -
Other current liab 358.80M 315.50M 317.20M 104.20M 126.91M
Common stock 881.00M 878.20M 875.70M 480.51M 477.49M
Capital stock 881.00M 878.20M 875.70M 480.51M 477.49M
Retained earnings 97.00M 357.30M 359.10M 312.67M 325.58M
Other liab 20.90M 88.60M 69.50M 47.85M 46.04M
Good will 229.50M 347.40M 347.40M 346.49M 335.53M
Other assets 7.80M 38.90M 4.70M 8.75M 18.47M
Cash 66.40M 44.90M 87.20M 22.88M 28.76M
Cash and equivalents 66.40M 44.90M 87.20M 22.88M 28.76M
Total current liabilities 678.60M 606.00M 684.90M 305.97M 315.05M
Current deferred revenue 1.90M 2.50M 26.70M -3.01600M 1.85M
Net debt 400.70M 377.90M 409.30M 235.65M 287.31M
Short term debt 17.20M 21.00M 25.50M 2.98M 0.01M
Short long term debt - - - - 0.01M
Short long term debt total 467.10M 422.80M 496.50M 258.53M 316.07M
Other stockholder equity -0.20000M 26.90M 25.90M 20.86M 22.86M
Property plant equipment 848.60M 953.90M 1011.90M 454.72M 443.33M
Total current assets 832.20M 730.30M 833.40M 409.69M 489.58M
Long term investments - 47.60M 46.60M 2.12M 2.06M
Net tangible assets 539.20M 674.30M 671.20M 265.90M 268.91M
Short term investments - - - -0.01900M -
Net receivables 306.10M 274.70M 348.90M 100.12M 161.15M
Long term debt 269.00M 308.50M 391.90M 247.26M 316.06M
Inventory 428.70M 317.60M 345.00M 257.37M 274.15M
Accounts payable 300.70M 267.00M 315.50M 201.81M 186.27M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 25.70M 26.90M 25.90M 20.86M 22.86M
Additional paid in capital - - - - -
Common stock total equity - - - 480.51M 477.49M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -1313.10000M - 0.10M 2.05M 14.03M
Deferred long term asset charges - - - - -
Non current assets total 1320.90M 1628.50M 1652.70M 1013.73M 999.01M
Capital lease obligations 198.10M 114.30M 104.60M 11.27M 0.01M
Long term debt total 449.90M 401.80M 471.00M 255.55M 316.06M
Breakdown 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Type yearly yearly yearly yearly yearly
Date 2023-06-30 2022-06-30 2021-06-30 2020-06-30 2019-06-30
Investments 99.90M 1.00M -546.70000M -1.00000M 1.03M
Change to liabilities 49.50M -52.20000M 19.10M -14.86500M 45.29M
Total cashflows from investing activities 99.90M -63.80000M -546.70000M -52.57600M -322.88100M
Net borrowings -59.80000M -108.00000M 132.70M -71.57800M 48.97M
Total cash from financing activities -86.60000M -136.70000M 499.60M -91.03300M 229.70M
Change to operating activities 11.70M -18.80000M 6.00M 15.08M -19.16000M
Net income -229.90000M 24.20M 78.00M 21.30M 11.82M
Change in cash 21.50M -42.30000M 64.30M -5.87800M 7.09M
Begin period cash flow 44.90M 87.20M 22.90M 28.76M 21.67M
End period cash flow 66.40M 44.90M 87.20M 22.88M 28.76M
Total cash from operating activities 8.20M 158.20M 111.40M 138.00M 100.27M
Issuance of capital stock - - 390.20M - 199.86M
Depreciation 86.80M 93.20M 62.20M 38.00M 40.37M
Other cashflows from investing activities 168.00M 8.00M -514.50000M 0.31M 0.43M
Dividends paid 26.80M 28.70M 23.30M 19.45M 19.13M
Change to inventory -116.10000M 27.40M -13.80000M 15.30M -35.64100M
Change to account receivables -33.00000M 65.00M 8.60M 61.00M 54.93M
Sale purchase of stock - 0.00000M 205.00M -390.20000M 395.08M
Other cashflows from financing activities -19.80000M 285.00M -12.30000M 15.42M -0.10400M
Change to netincome 259.00M 11.00M -77.90000M -2.76900M 19.68M
Capital expenditures 68.10M 71.80M 32.20M 56.84M 62.35M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -149.10000M 92.40M -5.20000M 76.30M 188.60M
Stock based compensation -0.40000M -1.90000M 6.40M -0.80000M -
Other non cash items 151.30M 40.80M -28.80000M 78.70M -52.19200M
Free cash flow -59.90000M 86.40M 79.20M 81.16M -62.34900M

Fundamentals

  • Previous Close 4.15
  • Market Cap1277.01M
  • Volume1462080
  • P/E Ratio-
  • Dividend Yield1.70%
  • EBITDA75.80M
  • Revenue TTM3428.90M
  • Revenue Per Share TTM11.28
  • Gross Profit TTM 651.40M
  • Diluted EPS TTM-0.69

Peer Comparison

Sector: Consumer Defensive Industry: Packaged Foods

Company Change (AUD) Price (AUD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
BGA
Bega Cheese Ltd
0.21 5.06% 4.36 - 25.58 0.37 1.24 0.50 -14.1507
A2M
A2 Milk Company Ltd
-0.06 1.00% 5.91 31.21 22.12 2.59 4.00 2.24 14.49
CBO
Cobram Estate Olives Ltd
-0.06 3.23% 1.80 92.75 - 3.68 3.00 4.74 20.80
RIC
Ridley Corporation Ltd
0.08 3.72% 2.23 17.62 15.50 0.61 2.41 0.66 9.13
SHV
Select Harvests Ltd
0.02 0.58% 3.47 - 16.64 2.47 1.24 4.52 -6.862

Reports Covered

Stock Research & News

Profile

Bega Cheese Limited receives, processes, manufactures, and distributes dairy and other food-related products in Australia. The company operates in two segments, Branded and Bulk. The Branded segment manufactures value added consumer products for owned and externally owned brands. The Bulk segment manufactures bulk dairy ingredients, nutritional, and bio nutrient products. It offers natural, processed, and kids snacking cheese; butter and cream cheese products under the Farmer's Table brand name; dips, mayonnaise, and dressings under the ZoOSh brand name; and spreads under the Simply Nuts, B honey, Bega peanut butter, and VEGEMITE brands. The company also develops and supplies bio nutrient ingredients for the health and nutrition markets. In addition, it operates as a contract packer of natural cheddar and processed cheddar cheese products for corporations; and is involved in contract packaging for private proprietary brands, supermarket house brands, and QSR raw material inputs, as well as products for other dairy companies into their brands. It also exports its products to approximately 40 countries across the Middle East, Southeast Asia, North Asia, Central and South America, and the Pacific Islands. The company was founded in 1899 and is headquartered in Bega, Australia.

Bega Cheese Ltd

23-45 Ridge Street, Bega, NSW, Australia, 2550

Key Executives

Name Title Year Born
Mr. Barry Irvin A.M., AM Exec. Chairman NA
Mr. Paul van Heerwaarden Chief Exec. Officer NA
Mr. Pete Findlay Chief Operating Officer NA
Mr. Gunther G. Burghardt Chief Financial Officer NA
Ms. Antonietta Timms Exec. Gen. Mang. of Operational Excellence NA
Jacqueline Scarlett Group Gen. Counsel NA
Mr. David McKinnon Exec. Gen. Mang. of HR NA
Mr. Hamish Reid Exec. Gen. Mang. ? Nutritionals & Ingredients NA
Mr. Adam McNamara Exec. Gen. Mang. of Bega Foods NA
Mr. Stephen Rae Exec. Gen. Mang. of Strategy NA

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