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Bell Food Group Ltd. (CH:BELL)
:BELL
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Bell Food Group (BELL) AI Stock Analysis

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CH:BELL

Bell Food Group

(BELL)

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Neutral 57 (OpenAI - Gpt-5.6Sol)
Rating:57Neutral
Price Target:
CHF234.00
▲(31.02% Upside)
Action:Reiterated
Date:08/06/26
The score is primarily held back by fundamentals—especially weakened profitability in 2025 and inconsistent/weak free cash flow despite positive operating cash flow. Valuation is a relative support due to the solid dividend yield and a mid-range P/E. Technicals add modest support in the near term, but the longer-term trend remains softer given price below the 100- and 200-day moving averages.
Positive Factors
Stable Revenue Growth
Revenue growth in the low-to-mid single digits from 2021–2024 indicates a stable top-line base. Recurring demand across retail and foodservice can support resilience even when individual categories or channels fluctuate.
Negative Factors
Recent Profitability Decline
The material 2025 decline in net income and operating profit signals weaker earnings power after several years of stable revenue growth. If sustained, lower profitability could limit reinvestment capacity and reduce balance-sheet flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable Revenue Growth
Revenue growth in the low-to-mid single digits from 2021–2024 indicates a stable top-line base. Recurring demand across retail and foodservice can support resilience even when individual categories or channels fluctuate.
Read all positive factors

Bell Food Group (BELL) vs. iShares MSCI Switzerland ETF (EWL)

Bell Food Group Business Overview & Revenue Model

Company Description
Founded in 1869 and headquartered in Basel, Switzerland, Bell Food Group AG is a leading European entity engaged in the production and distribution of meat and convenience food items. Their comprehensive product portfolio includes various meats, p...
How the Company Makes Money
Bell Food Group makes money mainly by manufacturing and selling food products to (1) retailers (e.g., supermarkets and discounters) and (2) foodservice/industry customers (e.g., restaurants, catering, and food manufacturers). Its core revenue stre...

Bell Food Group Financial Statement Overview

Summary
Revenue has grown steadily (low-to-mid single digits over 2021–2024) and the balance sheet is generally stable with improving debt-to-equity. However, profitability weakened materially in 2025 versus 2024 and margins are thin. Operating cash flow is positive, but free cash flow has been volatile and often negative (2022–2024) and near breakeven again in 2025, which raises risk and caps the financial performance score.
Income Statement
58
Neutral
Balance Sheet
62
Positive
Cash Flow
45
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.90B4.88B4.73B4.51B4.32B4.15B
Gross Profit564.90M560.90M1.88B591.40M553.50M544.90M
EBITDA385.20M367.00M351.20M335.70M320.30M324.90M
Net Income79.20M69.60M123.70M129.60M127.80M127.40M
Balance Sheet
Total Assets3.21B3.19B3.20B3.27B3.08B2.80B
Cash, Cash Equivalents and Short-Term Investments103.10M126.10M170.80M425.70M315.70M187.20M
Total Debt976.10M991.90M1.02B1.23B1.06B867.70M
Total Liabilities1.59B1.57B1.60B1.77B1.60B1.38B
Stockholders Equity1.62B1.61B1.60B1.51B1.47B1.41B
Cash Flow
Free Cash Flow79.20M3.30M-11.50M-18.40M-13.80M54.60M
Operating Cash Flow357.60M274.80M301.30M311.70M241.40M293.50M
Investing Cash Flow-257.20M-239.20M-311.00M-325.90M-254.80M-246.60M
Financing Cash Flow-110.80M-80.10M-245.50M124.90M144.70M-39.60M

Bell Food Group Technical Analysis

Technical Analysis Sentiment
Positive
Last Price178.60
Price Trends
50DMA
184.82
Positive
100DMA
185.06
Positive
200DMA
198.06
Positive
Market Momentum
MACD
10.79
Negative
RSI
89.04
Negative
STOCH
99.64
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:BELL, the sentiment is Positive. The current price of 178.6 is below the 20-day moving average (MA) of 192.76, below the 50-day MA of 184.82, and below the 200-day MA of 198.06, indicating a bullish trend. The MACD of 10.79 indicates Negative momentum. The RSI at 89.04 is Negative, neither overbought nor oversold. The STOCH value of 99.64 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CH:BELL.

Bell Food Group Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
CHF204.23B27.5732.66%3.84%-2.39%-27.81%
68
Neutral
CHF21.01B29.391.93%4.11%13.82%
64
Neutral
CHF4.47B19.1322.25%2.03%4.18%8.23%
61
Neutral
CHF1.05B10.2719.22%-2.92%-2.01%
57
Neutral
CHF1.42B17.914.34%3.92%1.67%-36.08%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
50
Neutral
CHF6.13B25.662.65%9.39%68.92%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CH:BELL
Bell Food Group
226.50
-16.16
-6.66%
CH:NESN
Nestlé SA
79.68
7.74
10.76%
CH:ARYN
ARYZTA AG
40.70
-34.65
-45.99%
CH:LISN
Chocoladefabriken Lindt & Spruengli AG
93,500.00
-21,925.05
-19.00%
CH:BARN
Barry Callebaut AG
1,138.00
94.01
9.00%
CH:EMMN
Emmi AG
825.00
81.06
10.90%
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.Date of analysis: Aug 06, 2026