B&G Foods, Inc. (BGS) intrinsic value & 10-year financials
B&G Foods, Inc. (BGS) has a Graham intrinsic value of $46.32 per share. At $2.20 on Oct 20, 2026, the stock trades 95% below that value. Over the last 10 fiscal years revenue grew 8.9% a year to $1.8B, with an average return on invested capital of 4.8%.
- Graham intrinsic value
- $46.32
- Share price (Oct 20, 2026)
- $2.20
- Price vs Graham value
- 95% below
- Market cap
- $175.5M
- Revenue (FY2026)
- $1.8B
- Revenue growth (10-yr CAGR)
- 8.9%
- ROIC (10-yr avg)
- 4.8%
- Free cash flow (FY2026)
- $70.7M
BGS 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $1.8B | -$43.3M | -$0.54 | $70.7M | 5.3% | 3.6% |
| FY2024 | $1.9B | -$251.3M | -$3.18 | $103.7M | -9.2% | -5.0% |
| FY2023 | $2.1B | -$66.2M | -$0.89 | $222.1M | 3.9% | 2.6% |
| FY2022 | $2.2B | -$11.4M | -$0.16 | -$16.3M | 4.6% | 1.9% |
| FY2021 | $2.0B | $132.0M | $2.04 | $254.7M | 14.0% | 7.0% |
| FY2019 | $1.7B | $76.4M | $1.17 | $4.1M | 12.3% | 5.6% |
| FY2018 | $1.7B | $172.4M | $2.60 | $167.8M | 20.0% | 9.7% |
| FY2017 | $1.6B | $217.5M | $3.26 | -$22.0M | 14.5% | 8.9% |
| FY2016 | $1.4B | $109.4M | $1.73 | $247.2M | 18.5% | 8.2% |
| FY2015 | $848.0M | $41.0M | $0.76 | $80.1M | 13.7% | 5.5% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
B&G Foods, Inc. is a consistent compounder, expanding top-line revenue at 8.9% annually over the past decade.
B&G Foods, Inc. has historically struggled to out-earn its cost of capital, averaging just 4.8% ROIC.
Over the decade, B&G Foods, Inc. shows that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, B&G Foods, Inc. is modeled at 8.9% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $46.32 per share.