Value Watch: BGS vs. BYND

While Beyond Meat (BYND) continues to dominate much of the Wall Street’s attention, another food stock has come up on our value watch radar. 

BYND is currently priced at 13 PB (Price to Book Value); which is down from an inflated 40 PB after its IPO. Meanwhile B&G Foods (BGS) is currently priced at a more attractive 1.23 PB, which is a little lower than JM Smucker and General Mills Inc. 

Even though the stock price is in a technical bearish trend, the downside in value seems limited and the dividend yield over 11% makes this an interesting value opportunity. The downsides are that the company has a large amount of debt and is struggling to grow its profit along with it’s increasing revenue. 

The short float of 38% could be a catalyst for a fast turn around should the economics of this business turn only slightly better than they are right now. 

Not a recommendation. For educational purposes only.