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Bega Cheese Limited
(Sydney:BGA)
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Rating:51Neutral
Price Target:
AU$5.00
▼(-15.25% Downside)
Action:Reiterated
Date:11/13/25
Bega Cheese Limited's overall stock score is primarily impacted by its financial performance challenges, including declining revenue and profitability issues. The technical analysis shows bullish momentum, but the valuation suggests the stock may be overvalued. The absence of earnings call and corporate events data limits additional insights.
Positive Factors
Diversified revenue streams
Bega’s mix of branded consumer goods, private-label manufacturing, ingredient/bulk sales and exports gives multiple revenue channels. This diversification reduces dependence on any single customer or segment, smoothing cash flows and helping long-term resilience to demand swings.
Negative Factors
Steep recent revenue decline
A very large reported revenue fall signals material demand, pricing or recognition issues that reduce scale benefits and increase per-unit costs. Restoring volumes and retailer listings can take multiple quarters, pressuring margins, cash generation and recovery prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue streams
Bega’s mix of branded consumer goods, private-label manufacturing, ingredient/bulk sales and exports gives multiple revenue channels. This diversification reduces dependence on any single customer or segment, smoothing cash flows and helping long-term resilience to demand swings.
Read all positive factors
Bega Cheese Limited (BGA) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$1.85B
Dividend Yield2.12%
Average Volume (3M)561.18K
Price to Earnings (P/E)303.0
Beta (1Y)0.91
Revenue Growth1.47%
EPS Growth-76.20%
CountryAU
Employees3,900
SectorConsumer Defensive
Sector Strength42
IndustryPackaged Foods
Share Statistics
EPS (TTM)0.02
Shares Outstanding305,572,900
10 Day Avg. Volume620,121
30 Day Avg. Volume561,182
Financial Highlights & Ratios
PEG Ratio1.53
Price to Book (P/B)1.70
Price to Sales (P/S)0.47
P/FCF Ratio23.59
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$6.60Price Target Upside11.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.25
Revenue Forecast (FY)AU$3.91B
Bega Cheese Limited Business Overview & Revenue Model
Company Description
Established in 1899 and based in Bega, Australia, Bega Cheese Limited is a comprehensive food company engaged in sourcing, processing, manufacturing, and distributing a wide array of dairy and other food products. Its operations are divided into t...
How the Company Makes Money
Bega Cheese makes money primarily by manufacturing and selling branded and private-label food products to supermarkets, grocery wholesalers, and foodservice customers. Revenue is generated from (1) branded consumer packaged goods sales, where Bega...
Bega Cheese Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
60
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.63B | 3.55B | 3.52B | 3.38B | 3.01B | 2.07B |
| Gross Profit | 756.00M | 741.30M | 698.50M | 656.40M | 689.40M | 465.20M |
| EBITDA | 138.30M | 107.90M | 151.80M | -130.00M | 146.00M | 178.50M |
| Net Income | 8.20M | -8.50M | 30.50M | -229.90M | 24.20M | 72.20M |
Balance Sheet | ||||||
| Total Assets | 2.19B | 2.04B | 2.14B | 2.15B | 2.36B | 2.51B |
| Cash, Cash Equivalents and Short-Term Investments | 75.20M | 120.90M | 65.60M | 66.40M | 44.90M | 87.20M |
| Total Debt | 654.20M | 439.60M | 418.90M | 467.10M | 422.80M | 496.50M |
| Total Liabilities | 1.18B | 1.06B | 1.12B | 1.15B | 1.10B | 1.24B |
| Stockholders Equity | 1.01B | 980.20M | 1.01B | 1.00B | 1.26B | 1.27B |
Cash Flow | ||||||
| Free Cash Flow | 37.50M | 70.60M | 59.70M | -59.90M | 86.40M | 79.20M |
| Operating Cash Flow | 135.60M | 165.00M | 134.30M | 8.20M | 158.20M | 111.40M |
| Investing Cash Flow | -89.40M | -76.30M | -52.30M | 99.90M | -63.80M | -546.70M |
| Financing Cash Flow | -28.80M | -33.40M | -82.80M | -86.60M | -136.70M | 499.60M |
Bega Cheese Limited Technical Analysis
Neutral
5.90
Price Trends
5.92
Positive
5.77
Positive
5.83
Positive
Market Momentum
0.06
Positive
50.05
Neutral
32.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:BGA, the sentiment is Neutral. The current price of 5.9 is below the 20-day moving average (MA) of 6.13, below the 50-day MA of 5.92, and above the 200-day MA of 5.83, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 50.05 is Neutral, neither overbought nor oversold. The STOCH value of 32.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:BGA.
Bega Cheese Limited Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | AU$158.65M | 17.86 | 12.22% | 2.27% | 27.60% | 96.31% | |
70 Outperform | AU$1.66B | 88.07 | 3.45% | 1.32% | -2.41% | 104.12% | |
63 Neutral | AU$603.96M | 20.02 | 5.52% | 0.79% | -5.67% | -9.70% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
56 Neutral | AU$84.05M | 22.38 | 8.70% | ― | 23.29% | ― | |
51 Neutral | AU$1.85B | 303.00 | 0.82% | 1.95% | 1.47% | -76.20% | |
45 Neutral | AU$33.25M | -0.36 | 19.78% | ― | 6.22% | 39.68% |
* Consumer Defensive Sector Average
AU:BGA
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Bega Cheese Limited Corporate Events
State Street Group Ceases to Be Substantial Holder in Bega Cheese
Jun 22, 2026
State Street Corporation and a group of its asset management subsidiaries have lodged a notice that they have ceased to be substantial shareholders in Bega Cheese Limited. The filing indicates that their collective relevant interest in Bega’...
Bega Cheese Sets August Call to Present FY2026 Results
Jun 19, 2026
Bega Cheese Limited has scheduled a conference call on 20 August 2026 to present its full-year FY2026 financial results. The results will be outlined by Executive Chairman Barry Irvin, Chief Executive Officer Peter Findlay, and Chief Financial Off...
State Street-Linked Entities Exit Substantial Holding in Bega Cheese
Jun 5, 2026
Bega Cheese Limited has disclosed that entities related to State Street Corporation, including State Street Global Advisors and associated subsidiaries, have ceased to be substantial shareholders in the company as of 3 June 2026. The notice, lodge...
State Street units exit substantial holding in Bega Cheese
May 11, 2026
Bega Cheese Limited has disclosed that entities associated with State Street Corporation have ceased to be substantial shareholders in the company as of 7 May 2026. The notice, lodged under Australian Corporations Act requirements, records the end...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.