Bunge Global SA (BG) stock analysis

P/E above its 5-year median

Bunge Global's P/E of 16.9 is above its own 5-year median of 9.7.

P/E below the industry

Bunge Global's P/E of 16.9 is below the Food and Kindred Products median of 21.0.

EV/EBITDA above its 5-year median

Bunge Global's EV/EBITDA of 10.9 is above its 5-year median of 6.4.

P/B below the industry

Bunge Global's price-to-book of 1.18 is below the Food and Kindred Products median of 2.12.

Trading below fair value

The share price of $100.28 is below our fair value estimate of $108.14.

Margin of safety under 20%

The price is 7.3% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 1.5% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -22.4% a year over the last three fiscal years.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 55.5% over the last twelve months; the Food and Kindred Products median is 2.7%.

Guidance raised

Bunge Global raised its 2026 Depreciation and amortization outlook on Oct 29, 2026.

Gross margin slipping

Gross margin was 5.1% over the last twelve months, against 5.8% a year earlier.

Return on equity under 15%

Return on equity was 7.2% over the last twelve months and averaged 14.3% over five years; we look for 15% on both.

Return on invested capital

Needs operating income and invested capital.

Return on equity above the industry

Bunge Global's return on equity of 7.2% is above the Food and Kindred Products median of 6.6%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin below its 5-year average

Net margin was 1.2% over the last twelve months, against a 5-year average of 2.6%.

Net margin below the industry

Bunge Global's net margin of 1.2% is below the Food and Kindred Products median of 2.7%.

High debt

Debt is 103% of shareholders' equity, above the 40% we consider low.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt not well covered by cash flow

Operating cash flow over the last twelve months equals -5.7% of total debt; we look for at least 20%.

Interest coverage

Interest expense is not reported separately.

Short-term assets cover short-term debts

Current assets are 1.50 times current liabilities.

Bankruptcy risk in the grey zone

The Altman Z-score is 2.87; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Bunge Global paid dividends worth 2.8% of the share price over the last twelve months.

Yield below Treasuries

The 2.8% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Bunge Global yields 2.8%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 5 fiscal years.

Covered by earnings

Dividends take 47.4% of net income.

Cash-flow cover

Needs dividends paid and free cash flow.