Bridgford Foods Corporation (BRID) 10-Year Financial Performance & Capital Metrics

BRID • • Industrial / General

Consumer DefensivePackaged FoodsTraditional Packaged FoodsFrozen & Refrigerated Foods

AboutBridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company primarily offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products. It provides approximately 130 frozen food products to food service and retail customers through wholesalers, cooperatives, and distributors; and 170 snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. The company was founded in 1932 and is headquartered in Dallas, Texas. Bridgford Foods Corporation is a subsidiary of Bridgford Industries Incorporated.Show more

Revenue $224M -11.1%
EBITDA $273K -97.6%
Net Income -$3M -197.3%
EPS (Diluted) -0.37 -197.4%
Gross Margin 25.19% -9.9%
EBITDA Margin 0.12% -97.3%
Operating Margin -2.8% -247.2%
Net Margin -1.51% -209.5%
ROE -2.62% -196.6%
ROIC -3.83% -227.8%
Debt/Equity 0.05 -14.4%
Interest Coverage -14.61 -276.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Trading at only 0.6x book value
✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y5.3%

5Y3.45%

3Y-2.38%

TTM-1.89%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-611.17%

EPS CAGR

10Y-

5Y-

3Y-

TTM-290.91%

ROCE

10Y Avg5.23%

5Y Avg-0.04%

3Y Avg1.25%

Latest-4.32%

Peer Comparison

Frozen & Refrigerated Foods

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MAMAMama's Creations, Inc.	558.17M	13.73	145.91	19.41%	3.08%	9.38%	0.01%	0.41
SENEASeneca Foods Corporation	629.84M	119.22	20.21	8.25%	3.73%	8.9%	47.35%	0.59
LWLamb Weston Holdings, Inc.	6.1B	43.93	17.57	-0.25%	4.56%	16.43%	3.77%	2.39
PPCPilgrim's Pride Corporation	9.89B	41.63	9.11	2.97%	6.71%	34.65%	15.31%	0.81
NOMDNomad Foods Limited	1.75B	11.91	8.51	1.82%	6.51%	7.78%	20.33%	0.82
BRIDBridgford Foods Corporation	74.52M	8.21	-22.19	-11.12%	-3.19%	-5.97%		0.05
WYHGWing Yip Food Holdings Group Limited American Depositary Shares	29.95M	0.60		23.79%	4.51%	56.18%	7.95%	0.16

Profit & Loss

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Sales/Revenue+	130.45M	140.06M	167.22M	174.26M	188.78M	197.97M	240.43M	265.9M	251.64M	223.65M
Revenue Growth %	-0.02%	0.07%	0.19%	0.04%	0.08%	0.05%	0.21%	0.11%	-0.05%	-0.11%
Cost of Goods Sold+	83.58M	84.85M	105.64M	117.75M	127.12M	138.45M	189.05M	193.84M	181.28M	167.32M
COGS % of Revenue	0.64%	0.61%	0.63%	0.68%	0.67%	0.7%	0.79%	0.73%	0.72%	0.75%
Gross Profit+	46.87M	55.21M	61.59M	56.51M	61.66M	59.52M	51.38M	72.06M	70.36M	56.33M
Gross Margin %	0.36%	0.39%	0.37%	0.32%	0.33%	0.3%	0.21%	0.27%	0.28%	0.25%
Gross Profit Growth %	0.21%	0.18%	0.12%	-0.08%	0.09%	-0.03%	-0.14%	0.4%	-0.02%	-0.2%
Operating Expenses+	38.76M	44.38M	50.11M	50.74M	52.84M	55.35M	60.13M	65.23M	65.57M	62.59M
OpEx % of Revenue	0.3%	0.32%	0.3%	0.29%	0.28%	0.28%	0.25%	0.25%	0.26%	0.28%
Selling, General & Admin	38.23M	44.54M	50.08M	49.44M	52.81M	54.33M	60.13M	63.86M	63.98M	60.63M
SG&A % of Revenue	0.29%	0.32%	0.3%	0.28%	0.28%	0.27%	0.25%	0.24%	0.25%	0.27%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	525K	-166K	26K	1.31M	31K	1.02M	0	1.37M	1.59M	1.97M
Operating Income+	8.11M	10.84M	10.13M	-1.29M	9.12M	3.2M	-8.74M	6.83M	4.79M	-6.27M
Operating Margin %	0.06%	0.08%	0.06%	-0.01%	0.05%	0.02%	-0.04%	0.03%	0.02%	-0.03%
Operating Income Growth %	2.48%	0.34%	-0.07%	-1.13%	8.06%	-0.65%	-3.73%	1.78%	-0.3%	-2.31%
EBITDA+	11.16M	13.88M	13.49M	2.65M	13.27M	8.72M	-2.07M	13.51M	11.35M	273K
EBITDA Margin %	0.09%	0.1%	0.08%	0.02%	0.07%	0.04%	-0.01%	0.05%	0.05%	0%
EBITDA Growth %	5.24%	0.24%	-0.03%	-0.8%	4.01%	-0.34%	-1.24%	7.51%	-0.16%	-0.98%
D&A (Non-Cash Add-back)	3.05M	3.04M	3.37M	3.94M	4.15M	5.51M	6.67M	6.68M	6.56M	6.54M
EBIT	8.12M	10.73M	11.42M	6.58M	8.16M	5.32M	-6.07M	62.51M	5.07M	-4.26M
Net Interest Income+	0	0	0	0	0	-186K	-1.21M	-1.11M	-579K	-429K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	0	0	0	0	186K	1.21M	1.11M	579K	429K
Other Income/Expense	0	109K	2.7M	14.1M	-580K	720K	1.46M	54.58M	-295K	1.57M
Pretax Income+	8.12M	10.84M	12.83M	12.81M	8.54M	5.13M	-7.28M	61.41M	4.5M	-4.69M
Pretax Margin %	0.06%	0.08%	0.08%	0.07%	0.05%	0.03%	-0.03%	0.23%	0.02%	-0.02%
Income Tax+	-7.32M	3.07M	4M	6.3M	2.05M	-2.19M	-1.78M	16.34M	1.02M	-1.31M
Effective Tax Rate %	1.9%	0.72%	0.69%	0.51%	0.76%	1.43%	0.76%	0.73%	0.77%	0.72%
Net Income+	15.44M	7.77M	8.83M	6.52M	6.48M	7.32M	-5.5M	45.07M	3.47M	-3.38M
Net Margin %	0.12%	0.06%	0.05%	0.04%	0.03%	0.04%	-0.02%	0.17%	0.01%	-0.02%
Net Income Growth %	4.55%	-0.5%	0.14%	-0.26%	-0.01%	0.13%	-1.75%	9.19%	-0.92%	-1.97%
Net Income (Continuing)	15.44M	7.77M	8.83M	6.52M	6.48M	7.32M	-5.5M	45.07M	3.47M	-3.38M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	1.70	0.86	0.97	0.72	0.71	0.81	-0.61	4.97	0.38	-0.37
EPS Growth %	4.54%	-0.49%	0.13%	-0.26%	-0.01%	0.14%	-1.75%	9.15%	-0.92%	-1.97%
EPS (Basic)	1.70	0.86	0.97	0.72	0.71	0.81	-0.61	4.97	0.38	-0.37
Diluted Shares Outstanding	9.1M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M
Basic Shares Outstanding	9.1M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Total Current Assets+	40.76M	48.59M	55.82M	53.22M	52.77M	68.75M	70.26M	92.93M	87.48M	77.99M
Cash & Short-Term Investments	5.84M	6.99M	12.11M	8.18M	3.48M	4.3M	-985K	16.33M	15.71M	10.23M
Cash Only	5.84M	6.99M	12.11M	8.18M	3.48M	4.3M	-985K	16.33M	15.71M	10.23M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	14.62M	16.58M	19.15M	20.29M	21.88M	33.34M	32.74M	35.74M	30.76M	30.4M
Days Sales Outstanding	40.9	43.21	41.79	42.51	42.29	61.46	49.71	49.06	44.62	49.62
Inventory	19.98M	24.08M	23.02M	23.41M	26.37M	29.3M	36.77M	40.53M	40.57M	33.34M
Days Inventory Outstanding	87.24	103.59	79.53	72.57	75.71	77.23	71	76.32	81.69	72.73
Other Current Assets	0	937K	0	0	0	1.13M	375K	0	0	3.41M
Total Non-Current Assets+	34.55M	38.67M	41.72M	48.28M	70.69M	86.53M	86.53M	83.42M	79.52M	79.36M
Property, Plant & Equipment	10.23M	10.36M	18.57M	32.64M	54.35M	73.33M	72.89M	71.83M	67.49M	64.63M
Fixed Asset Turnover	12.75x	13.52x	9.00x	5.34x	3.47x	2.70x	3.30x	3.70x	3.73x	3.46x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	13.67M	13.78M	13.11M	11.63M	12.29M	10.86M	13.65M	2.62M	12.03M	14.73M
Total Assets+	75.3M	87.25M	97.55M	101.49M	123.46M	155.28M	156.79M	176.35M	167M	157.35M
Asset Turnover	1.73x	1.61x	1.71x	1.72x	1.53x	1.27x	1.53x	1.51x	1.51x	1.42x
Asset Growth %	0.29%	0.16%	0.12%	0.04%	0.22%	0.26%	0.01%	0.12%	-0.05%	-0.06%
Total Current Liabilities+	14.21M	12.22M	16.24M	18.37M	19.94M	26.2M	25.62M	26.85M	17.98M	16.45M
Accounts Payable	6.09M	4.08M	5.37M	7.66M	7.99M	10.5M	12.39M	13.66M	7.2M	5.67M
Days Payables Outstanding	26.58	17.57	18.54	23.73	22.95	27.69	23.92	25.72	14.5	12.37
Short-Term Debt	0	0	0	0	1.94M	4.43M	1.59M	0	1.04M	1.08M
Deferred Revenue (Current)	452K	9K	9K	10K	10K	1000K	1000K	26K	0	39K
Other Current Liabilities	1.61M	1.19M	1.31M	1.26M	1.43M	3.05M	3.92M	4.32M	1.82M	1.9M
Current Ratio	2.87x	3.98x	3.44x	2.90x	2.65x	2.62x	2.74x	3.46x	4.86x	4.74x
Quick Ratio	1.46x	2.00x	2.02x	1.62x	1.32x	1.51x	1.31x	1.95x	2.61x	2.71x
Cash Conversion Cycle	101.56	129.23	102.78	91.35	95.05	111.01	96.79	99.67	111.81	109.97
Total Non-Current Liabilities+	25.45M	36.12M	25.26M	17.45M	37.03M	57.83M	56.19M	23.17M	19.48M	12.77M
Long-Term Debt	0	0	0	0	11.8M	24.69M	36.46M	3.82M	2.79M	1.7M
Capital Lease Obligations	563K	404K	0	0	360K	1.01M	460K	3.56M	2.48M	2.4M
Deferred Tax Liabilities	0	0	0	0	0	3.44M	4.16M	8.97M	8.34M	7.62M
Other Non-Current Liabilities	24.88M	35.72M	25.26M	17.45M	24.87M	28.69M	15.11M	6.82M	5.88M	1.04M
Total Liabilities	39.66M	48.34M	41.51M	35.81M	56.97M	84.04M	81.81M	50.02M	37.46M	29.22M
Total Debt+	725K	554K	424K	0	14.2M	30.65M	38.05M	8.63M	7.49M	6.34M
Net Debt	-5.12M	-6.43M	-11.69M	-8.18M	10.72M	26.34M	39.04M	-7.7M	-8.22M	-3.89M
Debt / Equity	0.02x	0.01x	0.01x	-	0.21x	0.43x	0.51x	0.07x	0.06x	0.05x
Debt / EBITDA	0.06x	0.04x	0.03x	-	1.07x	3.52x	-	0.64x	0.66x	23.23x
Net Debt / EBITDA	-0.46x	-0.46x	-0.87x	-3.09x	0.81x	3.02x	-	-0.57x	-0.72x	-14.24x
Interest Coverage	-	-	-	-	-	17.22x	-7.20x	6.17x	8.27x	-14.61x
Total Equity+	35.65M	38.91M	56.04M	65.68M	66.48M	71.25M	74.98M	126.33M	129.53M	128.14M
Equity Growth %	0.41%	0.09%	0.44%	0.17%	0.01%	0.07%	0.05%	0.68%	0.03%	-0.01%
Book Value per Share	3.92	4.29	6.17	7.24	7.32	7.85	8.26	13.92	14.27	14.12
Total Shareholders' Equity	35.65M	38.91M	56.04M	65.68M	66.48M	71.25M	74.98M	126.33M	129.53M	128.14M
Common Stock	9.14M	9.13M	9.13M	9.13M	9.13M	9.13M	9.13M	9.13M	9.13M	9.13M
Retained Earnings	40.3M	48.07M	56.9M	65.95M	72.43M	79.75M	74.25M	119.32M	122.79M	119.41M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-22.13M	-26.6M	-18.3M	-17.7M	-23.38M	-25.94M	-16.71M	-10.43M	-10.69M	-8.71M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Cash from Operations+	7.46M	4.53M	16.77M	8.27M	7.25M	9.92M	-5.99M	-7.83M	3.98M	-497K
Operating CF Margin %	0.06%	0.03%	0.1%	0.05%	0.04%	0.05%	-0.02%	-0.03%	0.02%	-0%
Operating CF Growth %	2.86%	-0.39%	2.7%	-0.51%	-0.12%	0.37%	-1.6%	-0.31%	1.51%	-1.12%
Net Income	15.44M	7.77M	8.83M	6.52M	6.48M	7.32M	-5.5M	45.07M	3.47M	-3.38M
Depreciation & Amortization	3.05M	3.04M	3.37M	3.94M	4.15M	5.51M	6.67M	6.68M	6.56M	6.54M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	-7.68M	-1.03M	-567K	4.94M	1.89M	6.38M	1.06M	5.07M	-631K	0
Other Non-Cash Items	2.65M	627K	-298K	-6.12M	-2K	-489K	-60K	-57.79M	-371K	-3.66M
Working Capital Changes	-6M	-5.88M	5.44M	-1.01M	-4.76M	-8.82M	-8.16M	-6.86M	-5.04M	0
Change in Receivables	-7.09M	-2.59M	-2.33M	-1.26M	-774K	-1.51M	-1.01M	-10.12M	6.48M	-3.23M
Change in Inventory	1.31M	-4.1M	1.06M	-397K	-2.95M	-2.93M	-7.47M	-3.76M	-40K	7.24M
Change in Payables	307K	-2M	1.28M	2.29M	338K	2.51M	1.89M	1.27M	-6.46M	-1.53M
Cash from Investing+	-1.35M	-3.24M	-11.52M	-12.11M	-25.68M	-23.32M	-6.47M	56.34M	-2.38M	-3.83M
Capital Expenditures	-1.4M	-3.27M	-11.57M	-18.15M	-25.74M	-24.48M	-6.24M	-3.77M	-2.6M	-3.9M
CapEx % of Revenue	0.01%	0.02%	0.07%	0.1%	0.14%	0.12%	0.03%	0.01%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	52K	24K	58K	6.04M	61K	1.13M	-750K	60.12M	227K	69K
Cash from Financing+	-458K	-143K	-129K	-83K	13.73M	15.35M	7.41M	-32.56M	-2.23M	-1.15M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	0	0	0	0	0	-1.15M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	6.06M	1.26M	5.2M	-9.88M	-18.49M	-14.56M	-12.23M	-11.6M	1.38M	-4.4M
FCF Margin %	0.05%	0.01%	0.03%	-0.06%	-0.1%	-0.07%	-0.05%	-0.04%	0.01%	-0.02%
FCF Growth %	1.77%	-0.79%	3.12%	-2.9%	-0.87%	0.21%	0.16%	0.05%	1.12%	-4.18%
FCF per Share	0.67	0.14	0.57	-1.09	-2.04	-1.60	-1.35	-1.28	0.15	-0.48
FCF Conversion (FCF/Net Income)	0.48x	0.58x	1.90x	1.27x	1.12x	1.35x	1.09x	-0.17x	1.15x	0.15x
Interest Paid	0	0	0	0	403K	828K	1.21M	1.11M	579K	0
Taxes Paid	156K	4.27M	4.37M	1.73M	697K	336K	148K	13.35M	2.59M	1.36M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	50.72%	20.84%	18.6%	10.71%	9.81%	10.63%	-7.53%	44.77%	2.72%	-2.62%
Return on Invested Capital (ROIC)	21.36%	25.8%	19.77%	-1.9%	10.15%	2.75%	-6.2%	4.4%	2.99%	-3.83%
Gross Margin	35.93%	39.42%	36.83%	32.43%	32.66%	30.06%	21.37%	27.1%	27.96%	25.19%
Net Margin	11.84%	5.55%	5.28%	3.74%	3.43%	3.7%	-2.29%	16.95%	1.38%	-1.51%
Debt / Equity	0.02x	0.01x	0.01x	-	0.21x	0.43x	0.51x	0.07x	0.06x	0.05x
Interest Coverage	-	-	-	-	-	17.22x	-7.20x	6.17x	8.27x	-14.61x
FCF Conversion	0.48x	0.58x	1.90x	1.27x	1.12x	1.35x	1.09x	-0.17x	1.15x	0.15x
Revenue Growth	-2.21%	7.37%	19.39%	4.21%	8.34%	4.87%	21.45%	10.59%	-5.36%	-11.12%

Revenue by Segment

	2015	2016	2018
Snack Food Products	-	-	86.76M
Snack Food Products Growth	-	-	-
Frozen Food Products	50.55M	46.59M	30.99M
Frozen Food Products Growth	-	-7.83%	-33.48%
Refrigerated and Snack Food Products	79.9M	93.47M	-
Refrigerated and Snack Food Products Growth	-	16.99%	-

Frequently Asked Questions

Growth & Financials

Bridgford Foods Corporation (BRID) reported $227.4M in revenue for fiscal year 2024. This represents a 92% increase from $118.3M in 2011.

Bridgford Foods Corporation (BRID) saw revenue decline by 11.1% over the past year.

Bridgford Foods Corporation (BRID) reported a net loss of $7.3M for fiscal year 2024.

Dividend & Returns

Bridgford Foods Corporation (BRID) has a return on equity (ROE) of -2.6%. Negative ROE indicates the company is unprofitable.

Bridgford Foods Corporation (BRID) had negative free cash flow of $12.5M in fiscal year 2024, likely due to heavy capital investments.

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Bridgford Foods Corporation (BRID) 10-Year Financial Performance & Capital Metrics

BRID • • Industrial / General

Consumer DefensivePackaged FoodsTraditional Packaged FoodsFrozen & Refrigerated Foods

Revenue $224M -11.1%
EBITDA $273K -97.6%
Net Income -$3M -197.3%
EPS (Diluted) -0.37 -197.4%
Gross Margin 25.19% -9.9%
EBITDA Margin 0.12% -97.3%
Operating Margin -2.8% -247.2%
Net Margin -1.51% -209.5%
ROE -2.62% -196.6%
ROIC -3.83% -227.8%
Debt/Equity 0.05 -14.4%
Interest Coverage -14.61 -276.6%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Trading at only 0.6x book value
✓Efficient asset utilization: 1.4x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y5.3%

5Y3.45%

3Y-2.38%

TTM-1.89%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-611.17%

EPS CAGR

10Y-

5Y-

3Y-

TTM-290.91%

ROCE

10Y Avg5.23%

5Y Avg-0.04%

3Y Avg1.25%

Latest-4.32%

Peer Comparison

Frozen & Refrigerated Foods

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
MAMAMama's Creations, Inc.	558.17M	13.73	145.91	19.41%	3.08%	9.38%	0.01%	0.41
SENEASeneca Foods Corporation	629.84M	119.22	20.21	8.25%	3.73%	8.9%	47.35%	0.59
LWLamb Weston Holdings, Inc.	6.1B	43.93	17.57	-0.25%	4.56%	16.43%	3.77%	2.39
PPCPilgrim's Pride Corporation	9.89B	41.63	9.11	2.97%	6.71%	34.65%	15.31%	0.81
NOMDNomad Foods Limited	1.75B	11.91	8.51	1.82%	6.51%	7.78%	20.33%	0.82
BRIDBridgford Foods Corporation	74.52M	8.21	-22.19	-11.12%	-3.19%	-5.97%		0.05
WYHGWing Yip Food Holdings Group Limited American Depositary Shares	29.95M	0.60		23.79%	4.51%	56.18%	7.95%	0.16

Profit & Loss

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Sales/Revenue+	130.45M	140.06M	167.22M	174.26M	188.78M	197.97M	240.43M	265.9M	251.64M	223.65M
Revenue Growth %	-0.02%	0.07%	0.19%	0.04%	0.08%	0.05%	0.21%	0.11%	-0.05%	-0.11%
Cost of Goods Sold+	83.58M	84.85M	105.64M	117.75M	127.12M	138.45M	189.05M	193.84M	181.28M	167.32M
COGS % of Revenue	0.64%	0.61%	0.63%	0.68%	0.67%	0.7%	0.79%	0.73%	0.72%	0.75%
Gross Profit+	46.87M	55.21M	61.59M	56.51M	61.66M	59.52M	51.38M	72.06M	70.36M	56.33M
Gross Margin %	0.36%	0.39%	0.37%	0.32%	0.33%	0.3%	0.21%	0.27%	0.28%	0.25%
Gross Profit Growth %	0.21%	0.18%	0.12%	-0.08%	0.09%	-0.03%	-0.14%	0.4%	-0.02%	-0.2%
Operating Expenses+	38.76M	44.38M	50.11M	50.74M	52.84M	55.35M	60.13M	65.23M	65.57M	62.59M
OpEx % of Revenue	0.3%	0.32%	0.3%	0.29%	0.28%	0.28%	0.25%	0.25%	0.26%	0.28%
Selling, General & Admin	38.23M	44.54M	50.08M	49.44M	52.81M	54.33M	60.13M	63.86M	63.98M	60.63M
SG&A % of Revenue	0.29%	0.32%	0.3%	0.28%	0.28%	0.27%	0.25%	0.24%	0.25%	0.27%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	525K	-166K	26K	1.31M	31K	1.02M	0	1.37M	1.59M	1.97M
Operating Income+	8.11M	10.84M	10.13M	-1.29M	9.12M	3.2M	-8.74M	6.83M	4.79M	-6.27M
Operating Margin %	0.06%	0.08%	0.06%	-0.01%	0.05%	0.02%	-0.04%	0.03%	0.02%	-0.03%
Operating Income Growth %	2.48%	0.34%	-0.07%	-1.13%	8.06%	-0.65%	-3.73%	1.78%	-0.3%	-2.31%
EBITDA+	11.16M	13.88M	13.49M	2.65M	13.27M	8.72M	-2.07M	13.51M	11.35M	273K
EBITDA Margin %	0.09%	0.1%	0.08%	0.02%	0.07%	0.04%	-0.01%	0.05%	0.05%	0%
EBITDA Growth %	5.24%	0.24%	-0.03%	-0.8%	4.01%	-0.34%	-1.24%	7.51%	-0.16%	-0.98%
D&A (Non-Cash Add-back)	3.05M	3.04M	3.37M	3.94M	4.15M	5.51M	6.67M	6.68M	6.56M	6.54M
EBIT	8.12M	10.73M	11.42M	6.58M	8.16M	5.32M	-6.07M	62.51M	5.07M	-4.26M
Net Interest Income+	0	0	0	0	0	-186K	-1.21M	-1.11M	-579K	-429K
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	0	0	0	0	0	186K	1.21M	1.11M	579K	429K
Other Income/Expense	0	109K	2.7M	14.1M	-580K	720K	1.46M	54.58M	-295K	1.57M
Pretax Income+	8.12M	10.84M	12.83M	12.81M	8.54M	5.13M	-7.28M	61.41M	4.5M	-4.69M
Pretax Margin %	0.06%	0.08%	0.08%	0.07%	0.05%	0.03%	-0.03%	0.23%	0.02%	-0.02%
Income Tax+	-7.32M	3.07M	4M	6.3M	2.05M	-2.19M	-1.78M	16.34M	1.02M	-1.31M
Effective Tax Rate %	1.9%	0.72%	0.69%	0.51%	0.76%	1.43%	0.76%	0.73%	0.77%	0.72%
Net Income+	15.44M	7.77M	8.83M	6.52M	6.48M	7.32M	-5.5M	45.07M	3.47M	-3.38M
Net Margin %	0.12%	0.06%	0.05%	0.04%	0.03%	0.04%	-0.02%	0.17%	0.01%	-0.02%
Net Income Growth %	4.55%	-0.5%	0.14%	-0.26%	-0.01%	0.13%	-1.75%	9.19%	-0.92%	-1.97%
Net Income (Continuing)	15.44M	7.77M	8.83M	6.52M	6.48M	7.32M	-5.5M	45.07M	3.47M	-3.38M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	1.70	0.86	0.97	0.72	0.71	0.81	-0.61	4.97	0.38	-0.37
EPS Growth %	4.54%	-0.49%	0.13%	-0.26%	-0.01%	0.14%	-1.75%	9.15%	-0.92%	-1.97%
EPS (Basic)	1.70	0.86	0.97	0.72	0.71	0.81	-0.61	4.97	0.38	-0.37
Diluted Shares Outstanding	9.1M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M
Basic Shares Outstanding	9.1M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M	9.08M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Total Current Assets+	40.76M	48.59M	55.82M	53.22M	52.77M	68.75M	70.26M	92.93M	87.48M	77.99M
Cash & Short-Term Investments	5.84M	6.99M	12.11M	8.18M	3.48M	4.3M	-985K	16.33M	15.71M	10.23M
Cash Only	5.84M	6.99M	12.11M	8.18M	3.48M	4.3M	-985K	16.33M	15.71M	10.23M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	14.62M	16.58M	19.15M	20.29M	21.88M	33.34M	32.74M	35.74M	30.76M	30.4M
Days Sales Outstanding	40.9	43.21	41.79	42.51	42.29	61.46	49.71	49.06	44.62	49.62
Inventory	19.98M	24.08M	23.02M	23.41M	26.37M	29.3M	36.77M	40.53M	40.57M	33.34M
Days Inventory Outstanding	87.24	103.59	79.53	72.57	75.71	77.23	71	76.32	81.69	72.73
Other Current Assets	0	937K	0	0	0	1.13M	375K	0	0	3.41M
Total Non-Current Assets+	34.55M	38.67M	41.72M	48.28M	70.69M	86.53M	86.53M	83.42M	79.52M	79.36M
Property, Plant & Equipment	10.23M	10.36M	18.57M	32.64M	54.35M	73.33M	72.89M	71.83M	67.49M	64.63M
Fixed Asset Turnover	12.75x	13.52x	9.00x	5.34x	3.47x	2.70x	3.30x	3.70x	3.73x	3.46x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	13.67M	13.78M	13.11M	11.63M	12.29M	10.86M	13.65M	2.62M	12.03M	14.73M
Total Assets+	75.3M	87.25M	97.55M	101.49M	123.46M	155.28M	156.79M	176.35M	167M	157.35M
Asset Turnover	1.73x	1.61x	1.71x	1.72x	1.53x	1.27x	1.53x	1.51x	1.51x	1.42x
Asset Growth %	0.29%	0.16%	0.12%	0.04%	0.22%	0.26%	0.01%	0.12%	-0.05%	-0.06%
Total Current Liabilities+	14.21M	12.22M	16.24M	18.37M	19.94M	26.2M	25.62M	26.85M	17.98M	16.45M
Accounts Payable	6.09M	4.08M	5.37M	7.66M	7.99M	10.5M	12.39M	13.66M	7.2M	5.67M
Days Payables Outstanding	26.58	17.57	18.54	23.73	22.95	27.69	23.92	25.72	14.5	12.37
Short-Term Debt	0	0	0	0	1.94M	4.43M	1.59M	0	1.04M	1.08M
Deferred Revenue (Current)	452K	9K	9K	10K	10K	1000K	1000K	26K	0	39K
Other Current Liabilities	1.61M	1.19M	1.31M	1.26M	1.43M	3.05M	3.92M	4.32M	1.82M	1.9M
Current Ratio	2.87x	3.98x	3.44x	2.90x	2.65x	2.62x	2.74x	3.46x	4.86x	4.74x
Quick Ratio	1.46x	2.00x	2.02x	1.62x	1.32x	1.51x	1.31x	1.95x	2.61x	2.71x
Cash Conversion Cycle	101.56	129.23	102.78	91.35	95.05	111.01	96.79	99.67	111.81	109.97
Total Non-Current Liabilities+	25.45M	36.12M	25.26M	17.45M	37.03M	57.83M	56.19M	23.17M	19.48M	12.77M
Long-Term Debt	0	0	0	0	11.8M	24.69M	36.46M	3.82M	2.79M	1.7M
Capital Lease Obligations	563K	404K	0	0	360K	1.01M	460K	3.56M	2.48M	2.4M
Deferred Tax Liabilities	0	0	0	0	0	3.44M	4.16M	8.97M	8.34M	7.62M
Other Non-Current Liabilities	24.88M	35.72M	25.26M	17.45M	24.87M	28.69M	15.11M	6.82M	5.88M	1.04M
Total Liabilities	39.66M	48.34M	41.51M	35.81M	56.97M	84.04M	81.81M	50.02M	37.46M	29.22M
Total Debt+	725K	554K	424K	0	14.2M	30.65M	38.05M	8.63M	7.49M	6.34M
Net Debt	-5.12M	-6.43M	-11.69M	-8.18M	10.72M	26.34M	39.04M	-7.7M	-8.22M	-3.89M
Debt / Equity	0.02x	0.01x	0.01x	-	0.21x	0.43x	0.51x	0.07x	0.06x	0.05x
Debt / EBITDA	0.06x	0.04x	0.03x	-	1.07x	3.52x	-	0.64x	0.66x	23.23x
Net Debt / EBITDA	-0.46x	-0.46x	-0.87x	-3.09x	0.81x	3.02x	-	-0.57x	-0.72x	-14.24x
Interest Coverage	-	-	-	-	-	17.22x	-7.20x	6.17x	8.27x	-14.61x
Total Equity+	35.65M	38.91M	56.04M	65.68M	66.48M	71.25M	74.98M	126.33M	129.53M	128.14M
Equity Growth %	0.41%	0.09%	0.44%	0.17%	0.01%	0.07%	0.05%	0.68%	0.03%	-0.01%
Book Value per Share	3.92	4.29	6.17	7.24	7.32	7.85	8.26	13.92	14.27	14.12
Total Shareholders' Equity	35.65M	38.91M	56.04M	65.68M	66.48M	71.25M	74.98M	126.33M	129.53M	128.14M
Common Stock	9.14M	9.13M	9.13M	9.13M	9.13M	9.13M	9.13M	9.13M	9.13M	9.13M
Retained Earnings	40.3M	48.07M	56.9M	65.95M	72.43M	79.75M	74.25M	119.32M	122.79M	119.41M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-22.13M	-26.6M	-18.3M	-17.7M	-23.38M	-25.94M	-16.71M	-10.43M	-10.69M	-8.71M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Oct 2015	Oct 2016	Oct 2017	Oct 2018	Oct 2019	Oct 2020	Oct 2021	Oct 2022	Oct 2023	Oct 2024
Cash from Operations+	7.46M	4.53M	16.77M	8.27M	7.25M	9.92M	-5.99M	-7.83M	3.98M	-497K
Operating CF Margin %	0.06%	0.03%	0.1%	0.05%	0.04%	0.05%	-0.02%	-0.03%	0.02%	-0%
Operating CF Growth %	2.86%	-0.39%	2.7%	-0.51%	-0.12%	0.37%	-1.6%	-0.31%	1.51%	-1.12%
Net Income	15.44M	7.77M	8.83M	6.52M	6.48M	7.32M	-5.5M	45.07M	3.47M	-3.38M
Depreciation & Amortization	3.05M	3.04M	3.37M	3.94M	4.15M	5.51M	6.67M	6.68M	6.56M	6.54M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	-7.68M	-1.03M	-567K	4.94M	1.89M	6.38M	1.06M	5.07M	-631K	0
Other Non-Cash Items	2.65M	627K	-298K	-6.12M	-2K	-489K	-60K	-57.79M	-371K	-3.66M
Working Capital Changes	-6M	-5.88M	5.44M	-1.01M	-4.76M	-8.82M	-8.16M	-6.86M	-5.04M	0
Change in Receivables	-7.09M	-2.59M	-2.33M	-1.26M	-774K	-1.51M	-1.01M	-10.12M	6.48M	-3.23M
Change in Inventory	1.31M	-4.1M	1.06M	-397K	-2.95M	-2.93M	-7.47M	-3.76M	-40K	7.24M
Change in Payables	307K	-2M	1.28M	2.29M	338K	2.51M	1.89M	1.27M	-6.46M	-1.53M
Cash from Investing+	-1.35M	-3.24M	-11.52M	-12.11M	-25.68M	-23.32M	-6.47M	56.34M	-2.38M	-3.83M
Capital Expenditures	-1.4M	-3.27M	-11.57M	-18.15M	-25.74M	-24.48M	-6.24M	-3.77M	-2.6M	-3.9M
CapEx % of Revenue	0.01%	0.02%	0.07%	0.1%	0.14%	0.12%	0.03%	0.01%	0.01%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	52K	24K	58K	6.04M	61K	1.13M	-750K	60.12M	227K	69K
Cash from Financing+	-458K	-143K	-129K	-83K	13.73M	15.35M	7.41M	-32.56M	-2.23M	-1.15M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	0	0	0	0	0	-1.15M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	6.06M	1.26M	5.2M	-9.88M	-18.49M	-14.56M	-12.23M	-11.6M	1.38M	-4.4M
FCF Margin %	0.05%	0.01%	0.03%	-0.06%	-0.1%	-0.07%	-0.05%	-0.04%	0.01%	-0.02%
FCF Growth %	1.77%	-0.79%	3.12%	-2.9%	-0.87%	0.21%	0.16%	0.05%	1.12%	-4.18%
FCF per Share	0.67	0.14	0.57	-1.09	-2.04	-1.60	-1.35	-1.28	0.15	-0.48
FCF Conversion (FCF/Net Income)	0.48x	0.58x	1.90x	1.27x	1.12x	1.35x	1.09x	-0.17x	1.15x	0.15x
Interest Paid	0	0	0	0	403K	828K	1.21M	1.11M	579K	0
Taxes Paid	156K	4.27M	4.37M	1.73M	697K	336K	148K	13.35M	2.59M	1.36M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	50.72%	20.84%	18.6%	10.71%	9.81%	10.63%	-7.53%	44.77%	2.72%	-2.62%
Return on Invested Capital (ROIC)	21.36%	25.8%	19.77%	-1.9%	10.15%	2.75%	-6.2%	4.4%	2.99%	-3.83%
Gross Margin	35.93%	39.42%	36.83%	32.43%	32.66%	30.06%	21.37%	27.1%	27.96%	25.19%
Net Margin	11.84%	5.55%	5.28%	3.74%	3.43%	3.7%	-2.29%	16.95%	1.38%	-1.51%
Debt / Equity	0.02x	0.01x	0.01x	-	0.21x	0.43x	0.51x	0.07x	0.06x	0.05x
Interest Coverage	-	-	-	-	-	17.22x	-7.20x	6.17x	8.27x	-14.61x
FCF Conversion	0.48x	0.58x	1.90x	1.27x	1.12x	1.35x	1.09x	-0.17x	1.15x	0.15x
Revenue Growth	-2.21%	7.37%	19.39%	4.21%	8.34%	4.87%	21.45%	10.59%	-5.36%	-11.12%

Revenue by Segment

	2015	2016	2018
Snack Food Products	-	-	86.76M
Snack Food Products Growth	-	-	-
Frozen Food Products	50.55M	46.59M	30.99M
Frozen Food Products Growth	-	-7.83%	-33.48%
Refrigerated and Snack Food Products	79.9M	93.47M	-
Refrigerated and Snack Food Products Growth	-	16.99%	-

Frequently Asked Questions

Growth & Financials

Bridgford Foods Corporation (BRID) reported $227.4M in revenue for fiscal year 2024. This represents a 92% increase from $118.3M in 2011.

Bridgford Foods Corporation (BRID) saw revenue decline by 11.1% over the past year.

Bridgford Foods Corporation (BRID) reported a net loss of $7.3M for fiscal year 2024.

Dividend & Returns

Bridgford Foods Corporation (BRID) has a return on equity (ROE) of -2.6%. Negative ROE indicates the company is unprofitable.

Bridgford Foods Corporation (BRID) had negative free cash flow of $12.5M in fiscal year 2024, likely due to heavy capital investments.