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Bega Cheese Limited
(Sydney:BGA)
Bega Cheese Limited (BGA) vs. iShares MSCI Australia ETF (EWA)
Bega Cheese Limited Business Overview & Revenue Model
Bega Cheese Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.54B | 3.55B | 3.52B | 3.38B | 3.01B | 2.07B |
| Gross Profit | 730.20M | 741.30M | 698.50M | 656.40M | 689.40M | 465.20M |
| EBITDA | 122.60M | 107.90M | 164.00M | -130.00M | 148.10M | 181.20M |
| Net Income | -8.50M | -8.50M | 30.50M | -229.90M | 24.20M | 72.20M |
Balance Sheet | ||||||
| Total Assets | 2.04B | 2.04B | 2.14B | 2.15B | 2.36B | 2.51B |
| Cash, Cash Equivalents and Short-Term Investments | 120.90M | 120.90M | 65.60M | 66.40M | 44.90M | 87.20M |
| Total Debt | 439.60M | 439.60M | 418.90M | 467.10M | 422.80M | 496.50M |
| Total Liabilities | 1.06B | 1.06B | 1.12B | 1.15B | 1.10B | 1.24B |
| Stockholders Equity | 980.20M | 980.20M | 1.01B | 1.00B | 1.26B | 1.27B |
Cash Flow | ||||||
| Free Cash Flow | 76.80M | 70.60M | 59.70M | -59.90M | 86.40M | 79.20M |
| Operating Cash Flow | 165.00M | 165.00M | 134.30M | 8.20M | 158.20M | 111.40M |
| Investing Cash Flow | -76.30M | -76.30M | -52.30M | 99.90M | -63.80M | -546.70M |
| Financing Cash Flow | -33.40M | -33.40M | -82.80M | -86.60M | -136.70M | 499.60M |
Bega Cheese Limited Technical Analysis
Bega Cheese Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | AU$134.12M | 24.19 | 13.97% | ― | 28.66% | ― | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | €1.62B | -189.61 | -0.68% | 2.27% | 0.49% | -127.84% | |
42 Neutral | AU$23.34M | -5.75 | -29.43% | ― | 102.21% | 69.47% | |
40 Underperform | AU$36.02M | -0.24 | ― | ― | 1.03% | -52.56% | |
38 Underperform | AU$26.76M | ― | -20.54% | ― | 13.92% | 36.28% |
Bega Cheese Limited Corporate Events
Bega Cheese Limited held its Annual General Meeting on October 27, 2025, where key resolutions were passed, including the adoption of the remuneration report and the election of directors. The meeting saw strong support for the resolutions, indicating shareholder confidence in the company’s leadership and strategic direction.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
At its Annual General Meeting, Bega Cheese Limited highlighted its successful transformation into a brand-focused company, emphasizing its strategic acquisitions and innovation pipeline. The company reported strong normalized earnings for FY2025 and outlined significant operational changes, including site closures, to improve efficiency and profitability. Looking forward, Bega is optimistic about growth in product categories like white milk, yoghurt, and spreads, and plans to introduce health-focused dairy products to meet consumer demand.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited’s 2025 Sustainability Report highlights the company’s ongoing commitment to sustainability, with a focus on circularity, emissions reduction, and community engagement. The report outlines initiatives such as resource efficiency, emissions reduction, and responsible procurement, which are aimed at enhancing the company’s operational efficiency and environmental impact. These efforts position Bega Cheese as a leader in sustainable practices within the dairy industry, potentially benefiting stakeholders by aligning with global sustainability trends and consumer preferences.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited announced a change in the director’s interest, with Raelene Margaret Murphy acquiring 234 ordinary shares through the company’s Dividend Reinvestment Plan. This change reflects the director’s increased investment in the company, potentially signaling confidence in Bega Cheese’s financial health and future prospects.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited has announced a change in the director’s interest notice, involving Terrence Xavier O’Brien. O’Brien has acquired 428 ordinary shares through the company’s Dividend Reinvestment Plan, increasing his total holdings to 41,604 shares. This move reflects the director’s continued confidence in the company’s performance and strategic direction.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited announced a change in the director’s interest, with Patria Maija Mann acquiring an additional 216 ordinary shares through the company’s Dividend Reinvestment Plan. This change reflects the director’s increased stake in the company, potentially signaling confidence in Bega Cheese’s future performance and strategic direction.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited announced a change in the director’s interest, with George Harper Kilpatrick acquiring 329 ordinary shares through the company’s Dividend Reinvestment Plan. This change reflects the director’s increased stake in the company, indicating confidence in Bega Cheese’s financial strategies and future growth prospects.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited has announced the issuance of 192,899 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of a dividend or distribution plan and reflects the company’s ongoing efforts to enhance shareholder value and strengthen its market position.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited has announced the issuance of 300,587 new ordinary fully paid securities as of September 24, 2025. This move indicates a strategic financial decision that could potentially impact the company’s capital structure and market positioning, reflecting its ongoing efforts to strengthen its operational capabilities and investor relations.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited announced the cessation of 372,176 performance rights, as the conditions for these securities were not met or became incapable of being satisfied. This development may impact the company’s capital structure and could have implications for stakeholders regarding the company’s performance metrics and future financial strategies.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited has announced an update to its previous dividend distribution announcement, specifying the Dividend Reinvestment Plan (DRP) price. This update pertains to the dividend distribution for the six-month period ending on June 30, 2025, with key dates including a record date of August 27, 2025, and an ex-date of August 26, 2025. This announcement is significant for stakeholders as it provides clarity on the financial returns and investment options available through the company’s DRP.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Bega Cheese Limited as of September 2, 2025. This change in substantial holding is due to a series of transactions involving the purchase and sale of securities by an entity controlled by Morgan Stanley, affecting the voting interests in the company.
The most recent analyst rating on (AU:BGA) stock is a Hold with a A$6.00 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited has withdrawn its application to the Australian Competition and Consumer Commission regarding its intended acquisition of Fonterra’s consumer and associated businesses. This decision follows Fonterra’s announcement of selling these businesses to Lactalis, impacting Bega’s strategic expansion plans in the dairy sector.
The most recent analyst rating on (AU:BGA) stock is a Buy with a A$6.08 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited has released its Corporate Governance Statement effective from 30 June 2025, in compliance with ASX Listing Rule 4.7.4. This statement reflects the company’s commitment to maintaining high standards of corporate governance, which is crucial for its operational integrity and stakeholder trust.
The most recent analyst rating on (AU:BGA) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited reported strong financial results for FY2025, with significant growth in its Branded segment and a return to profitability in its Bulk segment. The company achieved a normalised EBITDA of $202 million, reflecting a 23% increase from the previous year, driven by strategic restructuring and cost-saving initiatives. The reduction in net debt and a lower leverage ratio further strengthened its financial position. Looking ahead, Bega Cheese anticipates continued growth in the Branded segment and stable returns in the Bulk segment, with new product launches and manufacturing efficiencies expected to support future performance.
The most recent analyst rating on (AU:BGA) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited has announced a dividend distribution of AUD 0.06 per share for the period ending June 30, 2025. The dividend will be paid on September 25, 2025, with a record date of August 27, 2025. This announcement reflects the company’s ongoing commitment to providing value to its shareholders and may impact its financial positioning positively by reinforcing investor confidence.
The most recent analyst rating on (AU:BGA) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited has released its 2025 Annual Report, providing insights into its financial performance for the year ended 30 June 2025. The report is crucial for stakeholders to understand the company’s financial health and strategic direction, although it is recommended to be read alongside the full statutory accounts for comprehensive details.
The most recent analyst rating on (AU:BGA) stock is a Buy with a A$6.40 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.
Bega Cheese Limited announced the cessation of 243,941 performance rights due to the lapse of conditional rights that were not satisfied. This development may impact the company’s capital structure and could have implications for its stakeholders, reflecting on the company’s operational adjustments.
The most recent analyst rating on (AU:BGA) stock is a Buy with a A$5.90 price target. To see the full list of analyst forecasts on Bega Cheese Limited stock, see the AU:BGA Stock Forecast page.