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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

P/OCF

12.5
Current
3%
Cheaper
vs 3-y average of 12.9

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
12.5
=
Market Cap
AU$1.9B
/
Operating Cash Flow
AU$135.6m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
12.5
=
Market Cap
AU$1.9B
/
Operating Cash Flow
AU$135.6m

Valuation Scenarios

Bega Cheese Ltd is trading below its 3-year average

If P/OCF returns to its 3-Year Average (12.9), the stock would be worth AU$5.71 (3% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-5%
Maximum Upside
+5%
Average Upside
2%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 12.5 AU$5.56
0%
3-Year Average 12.9 AU$5.71
+3%
5-Year Average 12.9 AU$5.71
+3%
Industry Average 11.9 AU$5.3
-5%
Country Average 13.2 AU$5.87
+5%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
AU
Bega Cheese Ltd
ASX:BGA
1.8B AUD 12.5 207.1
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 863.9 540 752.8
CH
Nestle SA
SIX:NESN
207B CHF 13.1 23
US
Mondelez International Inc
NASDAQ:MDLZ
73.6B USD 16.3 30
FR
Danone SA
PAR:BN
42.6B EUR 11.4 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.6B ZAR 21.3 12.7
US
Hershey Co
NYSE:HSY
37.8B USD 16.6 42.8
CN
Muyuan Foods Co Ltd
SZSE:002714
230.9B CNY 10.7 23.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
232.8B CNY 30 33.1
ZA
Avi Ltd
JSE:AVI
33.1B ZAR 10.8 12.8
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.2B CHF 44.8 32

Market Distribution

In line with most companies in Australia
Percentile
48th
Based on 1 393 companies
48th percentile
12.5
Low
0.2 — 8.9
Typical Range
8.9 — 19.2
High
19.2 —
Distribution Statistics
Australia
Min 0.2
30th Percentile 8.9
Median 13.2
70th Percentile 19.2
Max 8 864.3

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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