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Bega Cheese Ltd
ASX:BGA

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Bega Cheese Ltd
ASX:BGA
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Price: 5.56 AUD -4.79% Market Closed
Market Cap: AU$1.7B

EV/FCFF

66.9
Current
139%
More Expensive
vs 3-y average of 28.1

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
66.9
=
Enterprise Value
AU$2.3B
/
Free Cash Flow to Firm
AU$31.2m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
66.9
=
Enterprise Value
AU$2.3B
/
Free Cash Flow to Firm
AU$31.2m

Valuation Scenarios

Bega Cheese Ltd is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (28.1), the stock would be worth AU$2.33 (58% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-69%
Maximum Upside
No Upside Scenarios
Average Downside
63%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 66.9 AU$5.56
0%
3-Year Average 28.1 AU$2.33
-58%
5-Year Average 24.8 AU$2.06
-63%
Industry Average 24.7 AU$2.05
-63%
Country Average 21 AU$1.74
-69%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
AU
Bega Cheese Ltd
ASX:BGA
1.8B AUD 66.9 207.1
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 468 975.5 540 752.8
CH
Nestle SA
SIX:NESN
207B CHF 22.4 22.9
US
Mondelez International Inc
NASDAQ:MDLZ
73.6B USD 28.2 30
FR
Danone SA
PAR:BN
42.6B EUR 17.9 23.6
ZA
Tiger Brands Ltd
JSE:TBS
48.6B ZAR 40.3 12.7
US
Hershey Co
NYSE:HSY
37.8B USD 23.9 42.8
CN
Muyuan Foods Co Ltd
SZSE:002714
230.9B CNY 26.9 23.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
232.8B CNY 30.7 33.1
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 12.4 12.8
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 127.5 31.9

Market Distribution

Higher than 86% of companies in Australia
Percentile
86th
Based on 1 159 companies
86th percentile
66.9
Low
0 — 13.2
Typical Range
13.2 — 32.6
High
32.6 —
Distribution Statistics
Australia
Min 0
30th Percentile 13.2
Median 21
70th Percentile 32.6
Max 583 153.2

Bega Cheese Ltd
Glance View

Bega Cheese Ltd. engages in processing, manufacturing and distributing dairy and associated products. The firm's products include Cheese, Spreads, Grocery, Bionutrients and Dairy. The firm's segments include Branded and Bulk. Its Branded segment is engaged in manufacturing bulk ingredients into consumer products for internal or external brands. Its Bulk segment is engaged in manufacturing of bulk dairy ingredients, nutritional and bio nutrient products. The firm also offers farm services, including milk supply agreements and milk supply agreement disputes. The firm's brands include Bega Cheese, Vegemite, Dare, Farmers Union, Dairy Farmers, Yoplait, B honey, Big M, Masters, Juice Brothers and Berri.

BGA Intrinsic Value
5.76 AUD
Undervaluation 4%
Intrinsic Value
Price AU$5.56
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