Bega Cheese Ltd
BGA: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$9.70 | Wfpx | Cvswcjdg |
Bega Group: Despite Bulk Woes, Brands Prove Strong
While Bega Group shares have recovered strongly from lows of less than AUD 2.50 in October 2023, they still screen as undervalued compared with our unchanged AUD 4 fair value estimate. While profitability in Bega’s bulk segment has collapsed, the branded segment remains resilient.