GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary
Bunge Global SA (NYSE:BG)
[1]
Fairly Valued[5]$ 81.39
GF Score: 77/100Market Cap: $ 10,939 Mil
Industry: Consumer Defensive - Consumer Packaged Goods
IPO Date: 2001-08-02
Bunge Global SA formerly Bunge Ltd is an agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is an oilseed processor and producer of vegetable oils and protein ... read more
Latest FY Operating Revenue by Business Segment
Business Segment Name2024Percentage
Agribusiness45,89786.42%
Refined and Specialty Oils13,02224.52%
Milling1,6403.09%
Sugar and Bioenergy130.000.24%
Corporate and Other54.000.10%
Eliminations-7,635-14.38%
Financial Strength
Rank: 7 /10CurrentIndustry MedianHistorical Median
Cash-to-Debt0.510.520.16
Equity-to-Asset0.400.540.35
Interest Coverage2.998.484.88
Piotroski F-Score455
Profitability Rank
Rank: 6 /10CurrentIndustry MedianHistorical Median
Operating Margin %2.725.3352.97
Net Margin %2.133.5251.98
ROE %10.697.0410.96
ROA %4.303.364.27
ROC (Joel Greenblatt) %15.2211.6715.70
Growth Rank(* per share data)
Rank: 5 /1010-Yr5-Yr1-Yr
Revenue Growth %2.47.2-5.0
EBITDA Growth %N/AN/A-28.1
Oprt. Income Growth %N/AN/A-45.3
EPS w/o NRI Growth %16.316.3-44.4
FCF Growth %N/AN/A-139.2
Book Value Growth %4.617.45.6
Momentum Rank
Rank: 4 /10CurrentIndustry MedianHistorical Median
5-Day RSI48.9355.71N/A
9-Day RSI51.7452.69N/A
14-Day RSI53.1751.32N/A
6-1M Momentum %1.03-2.22N/A
12-1M Momentum %-29.00-2.42N/A
Quarterly
Mar24Jun24Sep24Dec24Mar25
Revenue13,41713,24112,90813,54211,643
Net Income244.0070.00221.00602.00201.00
EPS1.680.481.564.361.48
Revenue YoY %-12.47-12.01-9.27-9.33-13.22
Net Income YoY %-61.39-88.75-40.75-2.27-17.62
EPS YoY %-59.52-88.26-36.844.81-11.90
Free Cash Flow758.00-1,771973.00564.00-595.00
Cash & Equiv.3,1381,3273,0143,7953,883
Total Current Assets16,74015,45215,91915,95817,373
Short-Term Debt & CLO1,3311,2541,7061,8302,288
Total Current Liabilities8,4297,6067,6917,4358,535
Total Liabilities14,29213,44314,10913,95015,067
Stockholders Equity10,55110,00210,1359,91310,578
Warning Signs
SEVERERevenue per Share: Declined
SEVERELong-Term Debt: Keep issuing new debt
Good Signs
GOODAltman Z-Score: Strong
GOODBeneish M-Score: Unlikely manipulator
GF Value Rank
Rank: 9 /10CurrentIndustry MedianHistorical Median
PE Ratio10.3317.8411.20
Forward P/E10.3715.645N/A
PB Ratio1.031.451.51
PS Ratio0.220.970.22
P/FCFN/A14.6812.30
Shiller P/E12.5417.9815.19
PEG RatioN/A1.46.35
Valuation Analysis
Current% of Price
NCAV9.6112
Tangible Book72.8990
Price81.39
Median PS Value82.05101
EPV83.06102
GF Value86.53106
Graham Number110.88136
Dividend & Ownership
Dividend Yield (TTM) %3.38
Dividend Yield (Forward) %3.46
Dividend Payout Ratio0.36
Dividend Growth (5Y) %7.00
Yield on Cost (5Y) %4.74
Continuous Div. since2001
Insider Ownership %2.30
Institution Ownership %85.29
As of 07-03-2025
* All financial numbers are in millions except for per share data, ratios and percentage change. "Neg. E" means negative equity.
20152016201720182019202020212022202320242025Performance
%GainSP500
1W-1.012.20
1M3.854.99
3M5.2410.23
6M6.866.76
YTD6.606.50
1Y-23.8014.42
3Y-0.8719.26
5Y18.6116.36
10Y1.9713.50
126.76
48.26
30.25
3M
1.7M
2015201620172018201920202021202220232024CurrentKey Data
92.8573.6183.2282.5558.4366.0496.15126.76115.98114.56114.92Highest Stock Price
61.8147.7965.1552.0648.6030.2563.9181.9288.8276.8967.40Lowest Stock Price
9,72910,0789,4357,5418,1619,16713,16914,95615,13310,41710,939Market Cap
152.2148.2141.3141.7141.5149.7152.4153.1150.8142.2135.4Shares Outstanding-Diluted
13.4714.4275.3732.59At Loss8.516.849.496.799.7310.33PE Ratio
1.691.561.461.381.561.701.891.621.391.051.03PB Ratio
0.240.250.210.170.200.240.240.230.260.210.22PS Ratio
7.788.2512.999.65-45.298.436.126.984.776.006.60EV-to-EBITDA
2015201620172018201920202021202220232024TTMPer Share Data
285.44287.93324.17322.81290.76276.60388.22439.04394.86373.41367.27Revenue per Share
5.075.010.891.64-9.347.7113.6410.5114.877.997.88Earnings per Share
-0.26-2.28-18.67-12.40-9.41-26.06-21.61-39.8614.503.68-5.84Free Cash Flow per Share
1.441.601.761.922.002.002.052.302.582.702.72Dividends per Share
35.1441.1839.9628.7728.4130.5042.9955.9966.4768.2272.89Tangible Book per Share
58.4059.3464.9063.9156.7255.2279.7994.5686.4983.6482.05Median PS Value
61.8065.7841.7641.9654.1175.47111.83132.38148.61118.77110.88Graham Number
2015201620172018201920202021202220232024TTMIncome Statement
43,45542,67945,79445,74341,14041,40459,15267,23259,54053,10851,334Revenue
2,6932,4101,7652,266542.002,7853,3633,6824,8453,3933,114Gross Profit
6.205.653.854.951.326.735.695.488.146.396.07Gross Margin %
1,4351,2841,4371,4231,3511,3581,2341,3691,7151,7761,717Total Operating Expense
1,2581,126328.00843.00-809.001,4272,1292,3133,1301,6171,397Operating Income
2.892.640.721.84-1.973.453.603.445.263.042.72Operating Margin %
791.00745.00160.00267.00-1,2801,1452,0781,6102,2431,1371,094Net Income
1.821.750.350.58-3.112.773.512.393.772.142.13Net Margin %
1,3091,230493.00795.00-866.001,6782,8082,4693,5671,9951,906EBIT
1,8541,7771,1021,417-318.002,1133,2322,8774,0182,4632,382EBITDA
10.6310.972.244.01-21.1819.1130.2519.0622.3510.9510.69ROE %
4.024.020.841.39-6.785.468.756.658.984.524.30ROA %
2015201620172018201920202021202220232024Mar25Balance Sheet
970.001,092814.00551.00713.00698.001,4221,2232,7073,7953,883Cash & Equivalents & MS
10,91611,09210,40311,06810,24816,18116,46016,75816,35015,95817,373Total Current Assets
17,91419,18818,87119,42518,31723,65523,81924,58025,37224,89926,660Total Assets
1,8421,723634.001,1691,4943,0711,5271,8171,1101,8302,288Short-Term Debt & CLO
7,3407,6846,2157,1726,59510,9859,3249,6007,6877,4358,535Total Current Liabilities
2,9263,0694,1604,2034,2555,0335,2933,8064,6465,2895,373Long-Term Debt & CLO
11,26211,84511,51412,62311,89017,03515,61314,62013,55713,95015,067Total Liabilities
6,4417,1447,1486,1735,9136,0697,6699,22410,8519,91310,578Total Stockholders Equity
6,6527,3437,3576,8026,4276,6208,2069,96011,81510,94911,593Total Equity
2015201620172018201920202021202220232024TTMCashflow Statement
610.00446.00-1,975-1,264-808.00-3,536-2,894-5,5493,3081,900621.00Cash Flow from Operations
-802.00534.001,819410.001,5031,8135,1136,499-1,009-1,114-998.00Cash Flow from Investing
360.00-488.00-180.00631.00-771.001,763-1,632-769.00-856.00-90.00659.00Cash Flow from Financing
49.00525.00-333.00-212.00-71.0059.00524.00247.001,471705.00296.00Net Change in Cash
411.00938.00605.00393.00322.00381.00905.001,1522,6233,3283,249Ending Cash Position
-649.00-784.00-662.00-493.00-524.00-365.00-399.00-555.00-1,122-1,376-1,450Capital Expenditure
-39.00-338.00-2,637-1,757-1,332-3,901-3,293-6,1042,186524.00-829.00Free Cash Flow
Competitor(* Up to 5 competitors are listed here. See full competitors list in the Competitive Comparison section below)
TickerCompanyMarket Cap
($M)
PE RatioGF Score
/100
Financial
Strength /10
Profitability
Rank /10
GF Value
Rank /10
Growth
Rank /10
Momentum
Rank /10
SZSE:300498Wens Foodstuff Group Co Ltd16,1589.596656472
NYSE:BGBunge Global SA10,93910.337776954
OSL:MOWIMowi ASA10,11426.76996109108
SZSE:000876New Hope Liuhe Co Ltd5,97515.516234655
OSL:SALMSalMar ASA5,92732.899451010104
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Financial Strength[2] (Quarterly data, as of Mar. 2025) : Good (7/10)

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Cash-to-Debt : 0.51

Cash-to-Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. A high ratio indicates that a company is better able to pay back its debt, and is thus able to take on more debt if necessary.


Equity-to-Asset : 0.40

Equity-to-Asset ratio is calculated as total stockholders equity divided by its total assets. Equity-to-Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity-to-Asset ratio (more leveraged) may have higher ROE % because of the leverage.


Debt-to-Equity : 0.72

A high Debt-to-Equity ratio generally means that a company has been aggressive in financing its growth with debt.


Piotroski F-Score : 4

The Piotroski F-Score is used to determine the strength of a firm's financial position, with 9 being the best and 0 being the worst.

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WACC : 8.37% vs ROIC : 6.20%

The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. Return on invested capital (ROIC) measures how well a company generates cash flow relative to the capital it has invested in its business.


Dividend Yield : 3.56%

Dividend yield is a way to measure how much cash flow you are getting for each dollar invested in an equity position.

GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Profitability[3] (Annual data, as of Dec. 2024) : Fair (6/10)

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Revenue : $11,643 Mil vs Net Income : $201 Mil

Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. Net Income is a company's total profit. Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses.


Cash & Equivalents : $3,245 Mil vs Long-Term Debt* : $5,373 Mil

Cash & equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash. Long-Term Debt* consists of loans and obligations lasting over one year.


Operating Margin % : 1.86%

Operating margin % measures how much profit a company makes on a dollar of sales. Operating Margin % is calculated as Operating Income divided by Revenue.


EPS without NRI : $1.35

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock. In calculating earnings per share without non-recurring items, the dividends of preferred stocks and Non Operating Income need to subtracted from the total net income first.


Dividends per Share : $0.68

Dividends per Share is the amount of dividends that the shareholders of a company receive on a per-share basis. It is calculated using the total dividends paid out to shareholders over one fiscal year and the number of shares outstanding.


Free Cash Flow per Share : $-4.39

Free Cash flow per Share is the amount of Free cash flow per outstanding share of the company's stock.

GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Valuation (Quarterly data, as of Mar. 2025)

These valuation metrics should give you a sense of reasonable prices, but be careful with them. Always seek to understand why a valuation is changing over time.


Valuation Chart (Current stock price : $81.39)


PE Ratio without NRI : 10.19

The price-to-earnings ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.


PB Ratio : 0.97

The price-to-book ratio measures the valuation of the stock relative to the underlying asset of the company.


PS Ratio : 0.21

The price-to-sales ratio is a valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the value placed on each dollar of a company’s sales or revenues.


Price-to-Free-Cash-Flow : 0.00

Price-to-free-cash-flow is very similar to the valuation metric of price-to-operating-cash-flow but is considered a more exact measure, owing to the fact that it uses free cash flow, which subtracts capital expenditures from a company's total operating cash flow, thereby reflecting the actual cash flow available to fund non-asset-related growth.


EV-to-EBIT : 7.90

Enterprise value of a company divided by its trailing 12 months earnings before interest and taxes (EBIT).

GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Valuation Bands

In these charts the 10-year valuation bands of the price-to-earnings ratio (PE Ratio), price-to-book ratio (PB Ratio), price-to-sales ratio (PS Ratio) and price-to-operating-cash-flow ratio (POCF) are drawn together with the historical stock prices. For example, the upper line of the PE band is where the stock price would have been if it were always traded at the maximum PE ratio of the past 10 years. The lower line of the PE band is where the stock price would have been if it were always traded at the lowest PE ratio of the past 10 years. It is always better if the stock price is close to the lower line, which indicates a lower valuation.


Historical Price and PE Band


Historical Price and PS Band


Historical Price and PB Band


Historical Price and Price-to-Operating-Cash-Flow (POCF) Band

GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Warning Signs

GuruFocus conducted a thorough checkup using a checklist of 32 items that cover the areas of financial strength, profitability, growth, and valuation of each company. The purpose of Warning Signs is to warn you that the company may have red flags in certain areas, helping to avoid overlooking them. These warning signs do not necessarily mean you should not invest in the stock. But you should be aware of them before you invest.


Severe Warning Signs

Revenue per Share : Declined

Bunge Global SA revenue per share has been in decline over the past 3 years.

Long-Term Debt : Keep issuing new debt

Bunge Global SA keeps issuing new debt. Over the past 3 years, it issued USD 609 million of debt.

Good Signs

Altman Z-Score : Strong

Altman Z-score of 3.68 is strong.

Beneish M-Score : Unlikely manipulator

Beneish M-Score -2.33 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

PB Ratio : Close to 5-year low

Bunge Global SA stock PB Ratio (=1.03) is close to 5-year low of 0.93.

Medium Warning Signs

ROIC vs WACC : ROIC < WACC

Company's return on invested capital is less than the weighted average cost of capital. It might not be capital efficient
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Competitive Comparison


5 Year Price Change Comparison



Financial Strength

CompanyFinancial StrengthCash-to-DebtEquity-to-AssetDebt-to-EquityInterest CoveragePiotroski F-ScoreAltman Z-ScoreBeneish M-ScoreWACC %ROIC %
NAS:CALMCal-Maine Foods Inc10/10No Debt0.770.002237.4278.59-2.466.4372.47
NAS:VITLVital Farms Inc10/108.400.770.0761.83615.12-1.9011.9537.17
ISX:CPINPT Charoen Pokphand Indonesia Tbk9/100.760.730.2411.2687.36-2.855.5214.09
NYSE:BGBunge Global SA7/100.510.400.722.9943.68-2.338.376.20
NYSE:FDPFresh Del Monte Produce Inc7/100.090.640.2010.4673.28-2.635.045.54
SZSE:300972Fujian Wanchen Biotechnology Group Co Ltd7/101.670.201.3626.69710.39-2.214.3935.15
NYSE:ADMArcher-Daniels-Midland Co6/100.070.410.562.3152.98-2.437.782.79
NYSE:DOLEDole PLC6/100.200.301.004.1151.64-2.145.533.18
OSL:MOWIMowi ASA6/100.080.460.704.4752.54-2.758.696.08
NYSE:TSNTyson Foods Inc6/100.110.510.493.1263.18-2.716.803.73
NYSE:AGROAdecoagro SA5/100.190.420.901.9661.25-2.092.68-35.45
OTCPK:ESGHESG Inc5/100.020.360.922.8467.322.2210.215.75
NAS:LMNRLimoneira Co5/100.040.620.310.0062.33-3.644.91-3.10
OSL:SALMSalMar ASA5/100.020.341.212.8342.14-2.667.875.53
SZSE:300498Wens Foodstuff Group Co Ltd5/100.320.450.5814.2183.41-3.378.7421.54
NAS:ALCOAlico Inc4/100.160.540.690.0030.20-5.629.26-43.59
SZSE:002714Muyuan Foods Co Ltd4/100.280.391.1111.4782.67-3.129.1816.17
BKK:CPFCharoen Pokphand Foods PCL3/100.090.291.9014.6281.14-2.972.014.04
SZSE:000876New Hope Liuhe Co Ltd3/100.130.222.442.1361.19-3.596.013.05
NAS:AFRIForafric Global PLC2/100.07-0.01-99.210.0030.09-4.046.60-2.39
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Competitive Comparison - Cont.


Profitability

CompanyProfitability RankOperating
Margin %
Net Margin %ROE %ROA %Price-to-Free-Cash-FlowROC (Joel Greenblatt) %3-Year Revenue Growth %3-Year EBITDA Growth %3-Year EPS w/o NRI Growth %
OSL:MOWIMowi ASA10/1011.255.828.834.0215.7411.2115.7011.303.90
OSL:SALMSalMar ASA10/1015.417.179.863.330.0016.8115.6013.10-2.00
SZSE:002714Muyuan Foods Co Ltd9/1020.2316.7535.7812.828.1122.8719.6025.2039.20
NAS:CALMCal-Maine Foods Inc8/1032.3326.0850.2840.345.88108.4019.70106.600.00
ISX:CPINPT Charoen Pokphand Indonesia Tbk8/1010.546.5515.4410.5210.1122.029.307.202.60
NAS:VITLVital Farms Inc8/109.858.2620.2915.06113.9259.4430.70170.90169.90
NYSE:AGROAdecoagro SA7/109.643.964.531.959.942.6914.90-0.900.80
NYSE:ADMArcher-Daniels-Midland Co7/101.921.636.122.56123.1211.524.801.00-3.00
SZSE:300972Fujian Wanchen Biotechnology Group Co Ltd7/103.921.3148.998.4326.77116.53282.30119.70258.10
NYSE:TSNTyson Foods Inc7/102.881.715.002.4615.9413.524.90-18.90-27.90
NYSE:BGBunge Global SA6/102.722.1310.694.300.0015.22-1.30-6.50-10.80
BKK:CPFCharoen Pokphand Foods PCL6/107.924.6110.723.032.9610.216.3012.9094.90
NYSE:DOLEDole PLC6/103.502.828.892.6513.0710.492.6065.30-5.20
NYSE:FDPFresh Del Monte Produce Inc6/104.073.457.474.689.9210.120.0010.1012.70
SZSE:300498Wens Foodstuff Group Co Ltd6/1013.5511.6132.8813.3310.3529.6414.200.000.00
NAS:ALCOAlico Inc5/10-391.26-284.75-60.43-37.610.00-78.20-24.70-23.600.00
NAS:LMNRLimoneira Co4/10-2.08-0.96-0.90-0.5620.46-0.014.6042.600.00
SZSE:000876New Hope Liuhe Co Ltd4/104.212.7511.762.355.899.54-12.200.000.00
OTCPK:ESGHESG Inc3/1015.1011.0913.934.780.0013.260.000.000.00
NAS:AFRIForafric Global PLC3/10-2.83-8.87-239.24-8.669.71-7.11-7.100.00-43.10

Valuation

CompanyPE RatioPB RatioPS RatioPrice-to-Intrinsic-Value-Projected-FCFPrice-to-Intrinsic-Value-DCF (Earnings Based)Price-to-Median-PS-ValuePrice-to-Peter-Lynch-Fair-ValuePrice-to-Graham-NumberEarnings Yield (Joel Greenblatt) %Forward Rate of Return (Yacktman) %
NAS:ALCOAlico IncAt Loss2.005.270.000.002.180.000.00-51.2818.22
NAS:AFRIForafric Global PLCAt Loss0.000.760.000.000.000.000.00-2.390.00
NAS:LMNRLimoneira CoAt Loss1.731.704.230.000.790.000.000.00-21.77
NAS:CALMCal-Maine Foods Inc5.102.131.330.850.000.950.000.7134.0121.83
BKK:CPFCharoen Pokphand Foods PCL6.540.650.280.420.000.750.000.506.236.66
SZSE:300498Wens Foodstuff Group Co Ltd9.592.691.1416.260.000.000.001.0910.37-9.36
SZSE:002714Muyuan Foods Co Ltd9.643.101.629.930.310.330.001.169.5815.20
NYSE:BGBunge Global SA10.331.030.220.000.000.990.000.7312.12-14.06
NYSE:FDPFresh Del Monte Produce Inc10.860.790.370.720.001.100.000.749.834.17
NYSE:AGROAdecoagro SA14.770.650.580.380.310.570.520.463.4223.47
SZSE:000876New Hope Liuhe Co Ltd15.511.660.480.000.000.970.001.135.07-22.69
NYSE:DOLEDole PLC16.791.000.320.000.000.000.441.196.450.00
ISX:CPINPT Charoen Pokphand Indonesia Tbk16.842.401.101.940.000.700.001.359.01-0.62
NYSE:ADMArcher-Daniels-Midland Co19.961.210.311.270.000.801.141.056.3817.49
NYSE:TSNTyson Foods Inc22.351.110.380.740.000.660.002.226.05-11.92
OSL:MOWIMowi ASA26.762.371.560.911.200.731.232.115.0324.43
OSL:SALMSalMar ASA32.893.242.371.102.740.712.260.004.7120.02
NAS:VITLVital Farms Inc35.306.092.905.140.000.000.003.114.100.00
SZSE:300972Fujian Wanchen Biotechnology Group Co Ltd63.1522.310.837.471.980.000.008.105.040.00
OTCPK:ESGHESG Inc113.9615.1013.150.000.000.000.0010.241.300.00
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Peter Lynch Chart[4]

GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Per Share Data


Per Share Data

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
328
281
361
415
414
388
285
288
324
323
291
277
388
439
395
373
367
Revenue per Share
6.82
24.23
11.86
8.40
13.12
11.47
12.18
11.99
7.80
10.00
-2.25
14.12
21.21
18.79
26.65
17.32
17.11
EBITDA per Share
3.35
21.39
8.47
4.53
9.29
7.34
8.60
8.30
3.49
5.61
-6.12
11.21
18.43
16.12
23.66
14.03
13.70
EBIT per Share
2.22
15.06
6.07
0.19
1.55
3.17
5.07
5.01
0.89
1.64
-9.34
7.71
13.64
10.51
14.87
7.99
7.88
Earnings per Share (Diluted)
-0.04
3.04
5.80
4.62
4.78
4.19
4.83
4.67
1.94
2.72
4.58
8.30
12.93
13.91
14.77
9.19
7.50
EPS without NRI
-2.58
-5.90
10.97
-12.30
10.39
4.08
-0.32
-3.07
-20.07
-15.73
-23.33
-26.29
-20.97
-40.41
19.23
7.12
-1.96
Owner Earnings per Share (TTM)
-10.07
-22.44
9.59
-10.55
7.98
3.80
-0.26
-2.28
-18.67
-12.40
-9.41
-26.06
-21.61
-39.86
14.50
3.68
-5.84
Free Cash Flow per Share
-2.88
-15.58
16.84
-3.11
15.01
9.50
4.01
3.01
-13.98
-8.92
-5.71
-23.62
-18.99
-36.24
21.94
13.36
4.56
Operating Cash Flow per Share
4.12
10.52
19.44
25.43
36.36
13.28
6.81
7.83
5.79
3.91
5.03
4.99
10.08
8.16
18.06
28.33
28.89
Cash per Share
0.80
0.88
0.96
1.04
1.14
1.28
1.44
1.60
1.76
1.92
2.00
2.00
2.05
2.30
2.58
2.70
2.72
Dividends per Share
59.22
78.63
75.66
69.51
62.02
53.23
40.36
46.27
45.92
38.86
36.83
38.48
49.48
61.53
72.38
74.00
78.71
Book Value per Share
54.77
70.99
68.02
65.09
57.17
49.08
35.14
41.18
39.96
28.77
28.41
30.50
42.99
55.99
66.47
68.22
72.89
Tangible Book per Share
28.45
33.29
41.39
60.79
61.67
35.69
33.46
34.35
34.09
38.07
40.54
57.97
48.35
37.51
38.40
53.14
57.00
Total Debt per Share
63.83
65.52
57.20
72.69
82.11
90.91
68.28
72.24
67.08
53.44
57.55
65.58
93.36
99.77
101
77.76
81.39
Month End Stock Price
128
156
155
147
148
147
152
148
141
142
141
150
152
153
151
142
135
Shares Outstanding (Diluted Average)

Ratios

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
4.26
21.68
7.87
0.57
2.95
5.63
10.63
10.97
2.24
4.01
-21.18
19.11
30.25
19.06
22.35
10.95
10.69
ROE %
3.94
26.12
10.36
0.54
2.23
3.29
6.29
7.03
1.53
2.91
-13.58
11.24
16.01
11.77
16.08
10.43
10.38
ROE % Adjusted to Book Value
1.74
9.96
3.68
0.24
1.13
2.14
4.02
4.02
0.84
1.39
-6.78
5.46
8.75
6.65
8.98
4.52
4.30
ROA %
4.54
23.54
8.68
0.62
3.16
6.07
11.69
12.28
2.51
4.83
-27.04
23.67
35.50
21.26
24.44
11.90
11.61
Return-on-Tangible-Equity
1.78
10.33
3.85
0.25
1.16
2.20
4.16
4.18
0.88
1.48
-7.29
5.77
9.15
6.90
9.30
4.68
4.45
Return-on-Tangible-Asset
4.61
30.57
11.93
5.81
11.86
10.59
14.66
15.14
6.24
9.71
-10.01
16.25
24.36
21.30
29.69
16.45
15.22
ROC (Joel Greenblatt) %
3.14
21.51
8.14
4.16
9.19
8.02
11.24
11.14
4.08
6.38
-7.22
13.76
20.67
16.75
21.84
11.35
10.91
ROCE %
-12.48
34.47
0.53
-28.14
-1.65
-50.29
-9.31
52.72
-7.20
-29.72
255
-71.88
277
65.31
91.84
1.14
-14.58
5-Year RORE %
-25,433
17.47
-30.67
-30.89
26.49
-12.31
-25.29
-7.58
61,088
507
139
36.70
-29.12
13.45
-195
239
-110
1-Year ROIIC %
-1.61
3.82
6.00
5.50
0.71
3.76
6.22
6.35
1.76
3.56
-6.02
7.02
9.79
10.63
13.37
7.18
6.20
ROIC %
10.37
9.04
6.10
5.76
5.08
6.49
5.14
6.67
6.89
7.65
6.28
3.92
3.74
7.13
8.06
8.15
8.37
WACC %
7.65
6.76
5.41
3.94
4.03
4.85
5.18
4.90
5.49
6.67
6.10
3.83
3.26
6.48
9.07
7.32
6.92
Effective Interest Rate on Debt %
2.87
5.26
4.68
4.22
4.50
4.59
6.20
5.65
3.85
4.95
1.32
6.73
5.69
5.48
8.14
6.39
6.07
Gross Margin %
-0.33
1.95
2.12
1.66
1.96
1.63
2.89
2.64
0.72
1.84
-1.97
3.45
3.60
3.44
5.26
3.04
2.72
Operating Margin %
0.86
5.36
1.68
0.10
0.50
0.90
1.82
1.75
0.35
0.58
-3.11
2.77
3.51
2.39
3.77
2.14
2.13
Net Margin %
2.08
8.61
3.28
2.03
3.17
2.95
4.27
4.16
2.41
3.10
-0.77
5.10
5.46
4.28
6.75
4.64
4.64
EBITDA Margin %
-3.07
-7.98
2.65
-2.54
1.93
0.98
-0.09
-0.79
-5.76
-3.84
-3.24
-9.42
-5.57
-9.08
3.67
0.99
-1.61
FCF Margin %
0.40
0.40
0.52
0.82
0.93
0.62
0.74
0.67
0.67
0.87
0.97
1.34
0.89
0.61
0.53
0.72
0.72
Debt-to-Equity
0.45
0.47
0.46
0.40
0.37
0.39
0.36
0.37
0.38
0.32
0.32
0.26
0.32
0.38
0.43
0.40
0.40
Equity-to-Asset
0.18
0.19
0.24
0.33
0.34
0.24
0.27
0.25
0.25
0.28
0.31
0.34
0.29
0.23
0.23
0.29
0.29
Debt-to-Asset
0.51
0.52
0.52
0.59
0.62
0.59
0.63
0.62
0.61
0.65
0.65
0.72
0.66
0.60
0.53
0.56
0.57
Liabilities-to-Assets
5.80
9.78
10.26
9.80
10.21
10.87
13.69
12.99
9.28
11.83
2.87
13.27
14.17
15.22
19.40
13.50
12.25
Gross-Profit-to-Asset %
0.96
1.01
0.97
1.98
13.41
-7.64
1.09
0.20
1.37
1.26
3.36
0.62
1.19
1.92
0.93
1.04
0.95
Degree of Financial Leverage
2.02
1.86
2.19
2.32
2.27
2.37
2.21
2.30
2.41
2.39
2.18
1.97
2.49
2.78
2.38
2.11
2.02
Asset Turnover
0.36
0.29
0.17
0.23
0.24
0.31
0.30
0.34
0.91
0.71
0.44
0.24
0.16
0.17
0.17
0.29
0.36
Dividend Payout Ratio
20.52
21.86
17.44
14.75
13.73
12.72
14.48
14.04
12.66
12.52
14.83
15.08
11.81
13.41
16.62
16.29
15.85
Days Sales Outstanding
33.31
30.29
23.24
20.28
21.31
22.65
26.52
27.92
28.52
28.95
28.51
25.89
22.53
24.80
26.86
23.64
26.87
Days Payable
47.12
50.39
42.21
38.50
38.58
37.98
44.86
41.87
40.82
45.94
49.04
57.70
51.04
48.36
51.76
49.91
56.52
Days Inventory
34.33
41.96
36.41
32.97
31.00
28.05
32.82
27.99
24.96
29.51
35.36
46.89
40.32
36.97
41.52
42.56
45.50
Cash Conversion Cycle
17.79
16.70
20.93
24.74
26.59
28.70
25.21
26.00
28.83
29.15
24.62
24.20
30.90
27.21
21.97
22.41
23.03
Receivables Turnover
7.75
7.24
8.65
9.48
9.46
9.61
8.14
8.72
8.94
7.94
7.44
6.33
7.15
7.55
7.05
7.31
6.46
Inventory Turnover
0.97
0.95
0.95
0.96
0.96
0.95
0.94
0.94
0.96
0.95
0.99
0.93
0.94
0.95
0.92
0.94
0.94
COGS-to-Revenue
0.13
0.13
0.11
0.10
0.10
0.10
0.12
0.11
0.11
0.12
0.13
0.15
0.13
0.13
0.13
0.13
0.15
Inventory-to-Revenue
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
0.01
0.01
0.02
0.03
0.03
Capex-to-Revenue
--
1.25
0.95
1.08
0.87
0.90
0.52
0.70
2.02
0.59
--
0.26
0.19
0.24
0.36
0.85
1.04
Capex-to-Operating-Income
--
--
0.43
--
0.47
0.60
1.06
1.76
--
--
--
--
--
--
0.34
0.72
2.34
Capex-to-Operating-Cash-Flow
* All financial numbers are in millions except for per share data, ratios and percentage change. When Return-on-Tangible-Equity displays Neg. E, it means the the tangible equity is negative. When ROE % or ROE % Adjusted to Book Value displays Neg. E, it means the the total shareholders equity is negative.
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Financial Statement

Income Statement

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
41,926
43,953
56,097
60,991
61,347
57,161
43,455
42,679
45,794
45,743
41,140
41,404
59,152
67,232
59,540
53,108
51,334
Revenue
40,722
41,640
53,470
58,418
58,587
54,540
40,762
40,269
44,029
43,477
40,598
38,619
55,789
63,550
54,695
49,715
48,220
Cost of Goods Sold
1,204
2,313
2,627
2,573
2,760
2,621
2,693
2,410
1,765
2,266
542
2,785
3,363
3,682
4,845
3,393
3,114
Gross Profit
2.87
5.26
4.68
4.22
4.50
4.59
6.20
5.65
3.85
4.95
1.32
6.73
5.69
5.48
8.14
6.39
6.07
Gross Margin %
1,342
1,455
1,436
1,563
1,559
1,691
1,435
1,284
1,437
1,423
1,351
1,358
1,234
1,369
1,715
1,776
1,717
Selling, General, & Admin. Expense
1,342
1,455
1,436
1,563
1,559
1,691
1,435
1,284
1,437
1,423
1,351
1,358
1,234
1,369
1,715
1,776
1,717
Total Operating Expense
-138
858
1,191
1,010
1,201
930
1,258
1,126
328
843
-809
1,427
2,129
2,313
3,130
1,617
1,397
Operating Income
-0.33
1.95
2.12
1.66
1.96
1.63
2.89
2.64
0.72
1.84
-1.97
3.45
3.60
3.44
5.26
3.04
2.72
Operating Margin %
122
67.00
96.00
53.00
76.00
87.00
43.00
51.00
38.00
31.00
31.00
22.00
48.00
71.00
148
163
180
  Interest Income
-283
-294
-295
-294
-363
-347
-258
-234
-263
-339
-339
-265
-243
-403
-516
-471
-467
  Interest Expense
-161
-227
-199
-241
-287
-260
-215
-183
-225
-308
-308
-243
-195
-332
-368
-308
-287
Net Interest Income
444
2,418
28.00
-397
100.00
64.00
8.00
53.00
127
-79.00
-88.00
229
631
85.00
289
215
329
Other Income (Expense)
145
3,049
1,020
372
1,014
734
1,051
996
230
456
-1,205
1,413
2,565
2,066
3,051
1,524
1,439
Pre-Tax Income
110
-699
-55.00
6.00
-904
-249
-296
-220
-56.00
-179
-86.00
-248
-398
-388
-714
-336
-299
Tax Provision
-75.86
22.93
5.39
-1.61
89.15
33.92
28.16
22.09
24.35
39.25
-7.14
17.55
15.52
18.78
23.40
22.05
20.78
Tax Rate %
80.00
38.00
-25.00
-342
97.00
32.00
35.00
-9.00
--
10.00
--
--
--
--
--
--
-- Other Net Income (Loss)
335
2,388
940
36.00
207
517
790
767
174
287
-1,291
1,165
2,167
1,678
2,337
1,188
1,140
Net Income Including Noncontrolling Interests
335
2,350
965
378
110
485
755
776
174
277
-1,291
1,165
2,167
1,678
2,337
1,188
1,140
  Net Income (Continuing Operations)
--
38.00
-25.00
-342
97.00
32.00
35.00
-9.00
--
10.00
--
--
--
--
--
--
--   Net Income (Discontinued Operations)
26.00
-34.00
2.00
28.00
99.00
-2.00
1.00
-22.00
-14.00
-20.00
11.00
-20.00
-89.00
-68.00
-94.00
-51.00
-46.00
Other Income (Minority Interest)
361
2,354
942
64.00
306
515
791
745
160
267
-1,280
1,145
2,078
1,610
2,243
1,137
1,094
Net Income
0.86
5.36
1.68
0.10
0.50
0.90
1.82
1.75
0.35
0.58
-3.11
2.77
3.51
2.39
3.77
2.14
2.13
Net Margin %
78.00
67.00
34.00
36.00
76.00
48.00
53.00
36.00
34.00
34.00
34.00
34.00
34.00
--
--
--
-- Preferred Dividends
2.24
16.20
6.20
0.19
1.57
3.20
5.14
5.07
0.90
1.65
-9.34
7.97
14.50
10.83
15.07
8.09
8.05
EPS (Basic)
2.22
15.06
6.07
0.19
1.55
3.17
5.07
5.01
0.89
1.64
-9.34
7.71
13.64
10.51
14.87
7.99
7.88
EPS (Diluted)
128
156
155
147
148
147
152
148
141
142
141
150
152
153
151
142
135
Shares Outstanding (Diluted Average)
428
3,343
1,315
666
1,377
1,081
1,309
1,230
493
795
-866
1,678
2,808
2,469
3,567
1,995
1,906
EBIT
443
443
526
570
568
607
545
547
609
622
548
435
424
408
451
468
476
Depreciation, Depletion and Amortization
871
3,786
1,841
1,236
1,945
1,688
1,854
1,777
1,102
1,417
-318
2,113
3,232
2,877
4,018
2,463
2,382
EBITDA
2.08
8.61
3.28
2.03
3.17
2.95
4.27
4.16
2.41
3.10
-0.77
5.10
5.46
4.28
6.75
4.64
4.64
EBITDA Margin %
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Financial Statement

Cashflow Statement

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
335
2,388
940
36.00
207
517
790
767
174
287
-1,291
1,165
2,167
1,678
2,337
1,188
1,140
Net Income From Continuing Operations
443
443
526
570
568
607
545
547
609
622
548
435
424
408
451
468
476
Depreciation, Depletion and Amortization
-229
-1,560
267
-373
148
108
-97.00
-131
95.00
-110
-257
-255
-530
-7,146
256
169
-251
  Change In Receivables
1,636
-1,894
530
-1,567
238
-161
314
-269
-130
-1,107
504
-2,298
-1,301
-269
1,518
96.00
-665
  Change In Inventory
86.00
-30.00
-126
-217
-216
21.00
-397
38.00
172
41.00
-100.00
-162
-48.00
-14.00
-121
207
134
  Change In Prepaid Assets
-1,483
1,320
-362
731
430
267
-95.00
560
50.00
336
-455
155
1,633
67.00
-939
-538
-414
  Change In Payables And Accrued Expense
-426
-1,051
910
-142
472
212
-318
-1,309
-3,067
-1,652
-1,695
-2,537
-4,761
-265
-41.00
161
95.00
  Change In Other Working Capital
-416
-3,215
1,219
-1,568
1,072
447
-593
-1,111
-2,880
-2,492
-2,003
-5,097
-5,007
-7,627
673
95.00
-1,101
Change In Working Capital
-204
163
-215
-35.00
460
-90.00
16.00
126
-23.00
6.00
-24.00
71.00
-272
-119
-1.00
-10.00
22.00
Deferred Tax
17.00
60.00
49.00
44.00
53.00
49.00
46.00
44.00
29.00
46.00
39.00
71.00
61.00
65.00
69.00
65.00
67.00
Stock Based Compensation
31.00
125
43.00
689
61.00
160
92.00
100.00
80.00
82.00
1,834
80.00
226
162
104
41.00
-- Asset Impairment Charge
-574
-2,399
52.00
-193
-196
-291
-286
-27.00
36.00
185
89.00
-261
-493
-116
-325
53.00
17.00
Cash Flow from Others
-368
-2,435
2,614
-457
2,225
1,399
610
446
-1,975
-1,264
-808
-3,536
-2,894
-5,549
3,308
1,900
621
Cash Flow from Operations
-918
-1,072
-1,125
-1,095
-1,042
-839
-649
-784
-662
-493
-524
-365
-399
-555
-1,122
-1,376
-1,450
Purchase Of Property, Plant, Equipment
36.00
16.00
141
28.00
11.00
22.00
13.00
27.00
16.00
1.00
--
--
--
--
--
--
-- Sale Of Property, Plant, Equipment
-144
-254
-236
-423
-395
-96.00
-514
-74.00
-495
-985
-39.00
-14.00
-46.00
-55.00
-136
-61.00
-70.00
Purchase Of Business
--
--
--
483
797
--
88.00
--
16.00
1.00
748
194
647
508
170
736
836
Sale Of Business
--
--
-55.00
-83.00
-68.00
-196
-235
-553
-944
-1,184
-449
-337
-342
-456
-133
-1,285
-1,380
Purchase Of Investment
--
50.00
95.00
108
134
282
498
427
941
1,164
449
370
171
326
49.00
958
1,062
Sale Of Investment
74.00
3,769
-40.00
15.00
134
142
-3.00
1,491
2,947
1,906
1,318
1,965
5,082
6,731
163
-86.00
4.00
Cash From Other Investing Activities
-952
2,509
-1,220
-967
-429
-685
-802
534
1,819
410
1,503
1,813
5,113
6,499
-1,009
-1,114
-998
Cash Flow from Investing
763
6.00
23.00
23.00
43.00
74.00
25.00
--
--
--
--
--
--
--
--
--
-- Issuance of Stock
--
-354
-120
--
--
-300
-300
-200
--
--
--
-100.00
-100.00
-200
-600
-1,100
-700
Repurchase of Stock
3,914
4,777
3,699
7,499
9,052
13,877
10,067
10,618
9,320
52,841
51,857
36,177
3,530
2,180
2,393
3,246
3,388
  Issuance of Debt
-3,748
-4,297
-4,523
-6,131
-10,370
-14,468
-9,185
-10,557
-9,234
-51,885
-52,295
-33,975
-4,627
-2,885
-2,163
-1,830
-1,812
  Payments of Debt
166
480
-824
1,368
-1,318
-591
882
61.00
86.00
956
-438
2,202
-1,097
-705
230
1,416
1,576
Net Issuance of Debt
-181
-202
-174
-185
-201
-221
-241
-257
-281
-305
-317
-316
-323
-349
-383
-378
-374
Cash Flow for Dividends
26.00
40.00
35.00
--
-89.00
-20.00
-6.00
-92.00
15.00
-20.00
-16.00
-23.00
-112
485
-103
-28.00
157
Other Financing
774
-30.00
-1,060
1,206
-1,565
-1,058
360
-488
-180
631
-771
1,763
-1,632
-769
-856
-90.00
659
Cash Flow from Financing
1,004
553
578
833
571
742
362
413
938
605
393
322
381
905
1,152
2,623
2,953
Beginning Cash Position
95.00
-19.00
-77.00
-46.00
-60.00
-36.00
-119
33.00
3.00
11.00
5.00
19.00
-63.00
66.00
28.00
9.00
14.00
  Effect of Exchange Rate Changes
-451
25.00
257
-264
171
-380
49.00
525
-333
-212
-71.00
59.00
524
247
1,471
705
296
Net Change in Cash
553
578
835
569
742
362
411
938
605
393
322
381
905
1,152
2,623
3,328
3,249
Ending Cash Position
-918
-1,072
-1,125
-1,095
-1,042
-839
-649
-784
-662
-493
-524
-365
-399
-555
-1,122
-1,376
-1,450
Capital Expenditure
-1,286
-3,507
1,489
-1,552
1,183
560
-39.00
-338
-2,637
-1,757
-1,332
-3,901
-3,293
-6,104
2,186
524
-829
Free Cash Flow
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Financial Satement

Balance Sheet

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
553
1,504
835
569
742
362
411
934
601
389
320
352
902
1,104
2,602
3,311
3,245
  Cash And Cash Equivalents
--
39.00
1,996
3,153
4,632
1,573
559
158
213
162
393
346
520
119
105
484
638
  Marketable Securities
553
1,543
2,831
3,722
5,374
1,935
970
1,092
814
551
713
698
1,422
1,223
2,707
3,795
3,883
Cash, Cash Equivalents, Marketable Securities
2,363
2,901
2,459
2,471
2,144
1,840
1,607
1,676
1,501
1,637
1,705
1,717
2,112
2,829
2,592
2,148
2,334
  Accounts Receivable
--
500
528
465
442
349
364
648
680
602
513
412
394
467
432
589
524
  Other Current Receivables
2,363
3,401
2,987
2,936
2,586
2,189
1,971
2,324
2,181
2,239
2,218
2,129
2,506
3,296
3,024
2,737
2,858
Total Receivables
--
5,137
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--   Inventories, Raw Materials & Components
--
1,498
5,733
6,590
5,796
5,554
4,466
4,773
5,074
5,871
5,038
7,172
8,429
8,404
7,101
6,487
7,813
  Inventories, Finished Goods
4,862
--
--
--
--
--
--
--
--
--
--
--
2.00
4.00
4.00
4.00
4.00
  Inventories, Other
4,862
6,635
5,733
6,590
5,796
5,554
4,466
4,773
5,074
5,871
5,038
7,172
8,431
8,408
7,105
6,491
7,817
Total Inventories
4,005
4,236
3,523
4,016
4,016
3,403
3,509
2,903
2,334
2,407
2,279
6,182
4,101
3,831
3,514
2,935
2,815
Other Current Assets
11,783
15,815
15,074
17,264
17,772
13,081
10,916
11,092
10,403
11,068
10,248
16,181
16,460
16,758
16,350
15,958
17,373
Total Current Assets
622
609
637
687
537
557
378
891
842
542
910
767
960
1,175
1,422
953
975
Investments And Advances
347
483
468
353
395
374
339
356
390
403
390
359
342
342
399
388
--   Land And Improvements
2,068
1,743
1,794
1,886
2,071
2,138
1,840
1,934
2,116
2,139
2,046
1,894
1,738
1,752
1,909
1,970
--   Buildings And Improvements
5,149
4,758
4,837
5,409
5,558
5,544
4,925
5,569
6,180
6,245
5,421
5,180
5,109
5,159
5,902
6,140
--   Machinery, Furniture, Equipment
1,011
998
1,198
1,155
1,141
759
721
765
517
435
303
249
330
583
1,017
1,533
--   Construction In Progress
301
313
--
--
--
--
--
--
--
--
796
868
912
1,024
926
932
6,507
  Other Gross PPE
8,876
8,295
8,297
8,803
9,165
8,815
7,825
8,624
9,203
9,222
8,956
8,550
8,431
8,860
10,153
10,963
6,507
Gross Property, Plant and Equipment
-3,632
-2,983
-3,163
-3,395
-3,591
-3,758
-3,543
-4,138
-4,602
-4,684
-4,028
-3,907
-4,020
-4,219
-4,686
-4,777
--   Accumulated Depreciation
5,244
5,312
5,134
5,408
5,574
5,057
4,282
4,486
4,601
4,538
4,928
4,643
4,411
4,641
5,467
6,186
6,507
Property, Plant and Equipment
597
1,120
1,113
646
718
605
744
709
838
1,424
1,194
1,115
915
830
887
774
782
Intangible Assets
427
934
893
351
392
349
418
373
515
727
611
586
484
470
489
453
463
  Goodwill
3,040
3,145
3,263
3,275
2,180
2,132
1,594
2,010
2,187
1,853
1,037
949
1,073
1,176
1,246
1,028
1,023
Other Long Term Assets
9,503
10,186
10,147
10,016
9,009
8,351
6,998
8,096
8,468
8,357
8,069
7,474
7,359
7,822
9,022
8,941
9,287
Total Long-Term Assets
21,286
26,001
25,221
27,280
26,781
21,432
17,914
19,188
18,871
19,425
18,317
23,655
23,819
24,580
25,372
24,899
26,660
Total Assets
3,275
3,637
3,173
3,319
3,522
3,248
2,675
3,485
3,395
3,501
2,842
2,636
4,250
4,386
3,664
2,777
3,831
  Accounts Payable
--
--
--
--
--
--
--
--
--
--
--
57.00
168
156
238
80.00
87.00
  Total Tax Payable
--
--
--
--
--
--
--
--
--
--
107
149
--
--
96.00
91.00
--   Other Current Payables
2,382
1,268
1,179
968
792
769
688
548
606
618
602
652
689
755
865
840
743
  Current Accrued Expense
5,657
4,905
4,352
4,287
4,314
4,017
3,363
4,033
4,001
4,119
3,551
3,494
5,107
5,297
4,863
3,788
4,661
Accounts Payable & Accrued Expense
197
2,330
2,679
5,365
5,935
2,345
1,842
1,723
634
1,169
1,278
2,836
1,177
1,392
802
1,544
2,003
  Short-Term Debt
--
--
--
--
--
--
--
--
--
--
216
235
350
425
308
286
285
  Short-Term Capital Lease Obligation
197
2,330
2,679
5,365
5,935
2,345
1,842
1,723
634
1,169
1,494
3,071
1,527
1,817
1,110
1,830
2,288
Short-Term Debt & Capital Lease Obligation
253
323
283
223
330
392
371
395
406
405
411
406
437
601
463
501
363
  Current Deferred Revenue
100.00
262
152
86.00
60.00
42.00
60.00
--
--
--
--
--
--
--
--
--
--   Current Deferred Taxes Liabilities
353
585
435
309
390
434
431
395
406
405
411
406
437
601
463
501
363
DeferredTaxAndRevenue
--
2,184
1,427
1,600
1,896
1,908
1,704
1,533
1,174
1,479
1,139
4,014
2,253
1,885
1,251
1,316
1,223
Other Current Liabilities
6,207
10,004
8,893
11,561
12,535
8,704
7,340
7,684
6,215
7,172
6,595
10,985
9,324
9,600
7,687
7,435
8,535
Total Current Liabilities
3,618
2,551
3,348
3,532
3,179
2,855
2,926
3,069
4,160
4,203
3,716
4,452
4,787
3,259
4,080
4,694
4,714
  Long-Term Debt
--
--
--
--
--
--
--
--
--
--
539
581
506
547
566
595
659
  Long-Term Capital Lease Obligation
3,618
2,551
3,348
3,532
3,179
2,855
2,926
3,069
4,160
4,203
4,255
5,033
5,293
3,806
4,646
5,289
5,373
Long-Term Debt & Capital Lease Obligation
0.40
0.40
0.52
0.82
0.93
0.62
0.74
0.67
0.67
0.87
0.97
1.34
0.89
0.61
0.53
0.72
0.72
Debt-to-Equity
--
--
--
--
--
--
--
--
--
--
--
276
227
152
170
170
164
PensionAndRetirementBenefit
183
84.00
134
84.00
185
177
209
239
223
356
329
360
338
365
400
379
373
NonCurrent Deferred Liabilities
913
808
771
848
757
969
787
853
916
892
711
381
431
697
654
677
622
Other Long-Term Liabilities
4,714
3,443
4,253
4,464
4,121
4,001
3,922
4,161
5,299
5,451
5,295
6,050
6,289
5,020
5,870
6,515
6,532
Total Long-Term Liabilities
10,921
13,447
13,146
16,025
16,656
12,705
11,262
11,845
11,514
12,623
11,890
17,035
15,613
14,620
13,557
13,950
15,067
Total Liabilities
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
Common Stock
1,553
690
690
690
690
690
690
690
690
690
690
690
690
--
--
--
-- Preferred Stock
3,996
6,153
6,917
6,792
6,891
7,180
7,725
8,208
8,081
8,059
6,437
7,236
8,979
10,222
12,077
12,838
13,034
Retained Earnings
319
583
-610
-1,410
-2,572
-4,058
-6,360
-5,978
-5,930
-6,935
-5,624
-6,246
-6,471
-6,371
-6,054
-6,702
-6,436
Accumulated other comprehensive income (loss)
3,625
4,793
4,829
4,909
4,967
5,053
5,105
5,143
5,226
5,278
5,329
5,408
5,590
6,692
5,900
5,325
5,490
Additional Paid-In Capital
--
--
-120
-120
-120
-420
-720
-920
-920
-920
-920
-1,020
-1,120
-1,320
-1,073
-1,549
-1,511
Treasury Stock
9,494
12,220
11,707
10,862
9,857
8,446
6,441
7,144
7,148
6,173
5,913
6,069
7,669
9,224
10,851
9,913
10,578
Total Stockholders Equity
871
334
368
393
268
281
211
199
209
629
514
551
537
736
964
1,036
1,015
Minority Interest
10,365
12,554
12,075
11,255
10,125
8,727
6,652
7,343
7,357
6,802
6,427
6,620
8,206
9,960
11,815
10,949
11,593
Total Equity
0.45
0.47
0.46
0.40
0.37
0.39
0.36
0.37
0.38
0.32
0.32
0.26
0.32
0.38
0.43
0.40
0.40
Equity-to-Asset
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Valuation Ratios

Valuation Ratios

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
28.75
4.35
9.42
383
52.97
28.68
13.47
14.42
75.37
32.59
At Loss
8.51
6.84
9.49
6.79
9.73
10.33
PE Ratio
At Loss
21.56
9.86
15.73
17.18
21.70
14.14
15.47
34.58
19.65
12.57
7.90
7.22
7.17
6.84
8.46
10.86
PE Ratio without NRI
--
--
5.21
--
7.90
22.27
--
--
--
--
--
--
--
--
5.25
10.92
-- Price-to-Owner-Earnings
1.08
0.83
0.76
1.05
1.32
1.71
1.69
1.56
1.46
1.38
1.56
1.70
1.89
1.62
1.39
1.05
1.03
PB Ratio
1.17
0.92
0.84
1.12
1.44
1.85
1.94
1.75
1.68
1.86
2.03
2.15
2.17
1.78
1.52
1.14
1.12
Price-to-Tangible-Book
--
--
5.96
--
10.29
23.90
--
--
--
--
--
--
--
--
6.96
21.11
-- Price-to-Free-Cash-Flow
--
--
3.40
--
5.47
9.57
17.04
24.01
--
--
--
--
--
--
4.60
5.82
17.86
Price-to-Operating-Cash-Flow
0.19
0.23
0.16
0.18
0.20
0.23
0.24
0.25
0.21
0.17
0.20
0.24
0.24
0.23
0.26
0.21
0.22
PS Ratio
--
1.27
1.27
--
--
--
--
4.01
11.34
--
--
--
--
--
--
--
-- PEG Ratio
0.34
0.32
0.22
0.28
0.27
0.31
0.33
0.34
0.31
0.30
0.35
0.43
0.33
0.30
0.32
0.28
0.31
EV-to-Revenue
16.36
3.69
6.83
13.67
8.65
10.36
7.78
8.25
12.99
9.65
-45.29
8.43
6.12
6.98
4.77
6.00
6.60
EV-to-EBITDA
33.28
4.18
9.57
25.37
12.22
16.17
11.02
11.92
29.03
17.21
-16.63
10.62
7.05
8.14
5.37
7.41
8.25
EV-to-EBIT
-11.08
-3.98
8.45
-10.89
14.23
31.22
-370
-43.39
-5.43
-7.79
-10.81
-4.57
-6.01
-3.29
8.76
28.20
-18.98
EV-to-FCF
3.00
23.92
10.45
3.94
8.18
6.18
9.07
8.39
3.44
5.81
-6.01
9.42
14.18
12.29
18.62
13.50
12.12
Earnings Yield (Joel Greenblatt) %
0.46
7.14
1.40
-11.06
-5.99
-8.63
-5.60
5.02
4.02
-17.02
--
--
--
--
--
--
-14.06
Forward Rate of Return (Yacktman) %
--
12.07
9.58
12.61
14.87
16.63
12.47
12.96
13.18
11.88
16.70
26.36
28.07
21.71
16.71
12.00
12.54
Shiller PE Ratio
--
1.65
1.21
1.35
1.40
1.48
1.10
1.14
1.05
0.86
0.95
1.14
1.66
1.77
1.79
1.35
1.39
Cyclically Adjusted PB Ratio
--
0.25
0.20
0.23
0.24
0.26
0.19
0.20
0.18
0.15
0.16
0.18
0.24
0.25
0.25
0.19
0.20
Cyclically Adjusted PS Ratio
1.25
1.34
1.68
1.43
1.39
1.41
2.11
2.21
2.62
3.59
3.48
3.05
2.20
2.31
2.55
3.48
3.38
Dividend Yield %
-15.02
-36.50
17.88
-14.59
9.75
4.23
-0.40
-3.35
-27.95
-23.30
-16.32
-42.55
-25.01
-40.81
14.45
5.03
-7.58
FCF Yield %

Valuation and Quality

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
8,559
9,608
8,329
10,638
12,136
13,246
9,729
10,078
9,435
7,541
8,161
9,167
13,169
14,956
15,133
10,417
10,939
Market Cap
14,245
13,970
12,583
16,896
16,834
17,482
14,428
14,667
14,314
13,681
14,401
17,814
19,794
20,092
19,146
14,777
15,732
Enterprise Value
63.83
65.52
57.20
72.69
82.11
90.91
68.28
72.24
67.08
53.44
57.55
65.58
93.36
99.77
101
77.76
81.39
Month End Stock Price
-83.81
-83.46
-73.37
-86.75
-78.15
-75.85
-73.71
-78.51
-77.56
-90.01
-82.44
-121
-104
-94.28
-78.81
-83.54
-90.77
Net Cash per Share
-11.65
9.17
5.97
1.07
1.07
-4.08
-8.75
-11.77
-14.29
-20.37
-20.07
-14.99
-2.69
9.35
12.20
7.26
9.61
Net Current Asset Value
-64.05
-50.70
-45.75
-56.29
-52.33
-52.05
-54.43
-57.34
-56.43
-65.39
-60.53
-90.88
-68.19
-52.08
-42.14
-47.29
-48.66
Net-Net Working Capital
26.67
-0.37
25.73
15.60
31.76
18.30
13.87
40.30
19.01
23.67
-15.40
-70.04
-94.21
-152
-102
-61.54
-86.22
Intrinsic Value: Projected FCF
--
--
73.36
81.41
83.22
76.83
58.40
59.34
64.90
63.91
56.72
55.22
79.79
94.56
86.49
83.64
82.05
Median PS Value
--
52.47
45.69
--
--
--
--
--
--
--
--
--
--
--
--
--
-- Peter Lynch Fair Value
--
69.67
94.21
82.26
78.41
68.02
61.80
65.78
41.76
41.96
54.11
75.47
112
132
149
119
111
Graham Number
8.90
4.50
5.83
-11.95
-20.93
-10.61
-3.92
-3.28
-10.52
-14.66
-24.04
-31.15
-5.60
22.27
55.54
82.12
83.06
Earnings Power Value (EPV)
3.08
3.14
3.45
3.31
3.49
4.17
4.03
3.76
3.87
3.67
3.23
3.00
4.27
4.61
4.56
3.98
3.68
Altman Z-Score
3.00
4.00
6.00
3.00
6.00
7.00
4.00
5.00
4.00
5.00
2.00
4.00
5.00
4.00
7.00
5.00
4.00
Piotroski F-Score
-1.49
-1.95
-2.73
-2.38
-3.08
-2.78
-2.67
-2.08
-1.76
-2.22
-1.16
-2.21
-1.21
-0.78
-2.97
-2.72
-2.33
Beneish M-Score
0.67
0.75
0.59
0.65
0.51
0.45
0.49
0.62
0.59
0.62
0.59
0.77
0.58
0.60
0.61
0.56
0.62
Scaled Net Operating Assets
7.90
8.77
-1.79
5.45
-5.56
-0.93
5.49
-1.22
1.67
5.77
-10.78
12.12
-0.59
2.69
-0.22
1.41
5.52
Sloan Ratio %
1.90
1.58
1.70
1.49
1.42
1.50
1.49
1.44
1.67
1.54
1.55
1.47
1.77
1.75
2.13
2.15
2.04
Current Ratio
1.12
0.92
1.05
0.92
0.96
0.86
0.88
0.82
0.86
0.72
0.79
0.82
0.86
0.87
1.20
1.27
1.12
Quick Ratio
0.09
0.15
0.32
0.32
0.43
0.22
0.13
0.14
0.13
0.08
0.11
0.06
0.15
0.13
0.35
0.51
0.45
Cash Ratio
--
2.92
4.04
3.44
3.31
2.68
4.88
4.81
1.25
2.49
--
5.38
8.76
5.74
6.07
3.43
2.99
Interest Coverage
72.41
71.29
75.44
73.82
83.11
92.91
92.85
73.61
83.22
82.55
58.43
66.04
96.15
127
116
115
115
Highest Stock Price
41.61
46.29
55.51
57.22
66.40
73.51
61.81
47.79
65.15
52.06
48.60
30.25
63.91
81.92
88.82
76.89
67.40
Lowest Stock Price
-10.23
-9.35
0.70
-0.51
-0.99
1.42
2.21
2.09
-0.82
-0.33
-0.50
1.43
-0.91
-6.27
--
10.64
5.07
Shares Buyback Ratio %
-8.91
3.62
1.16
-0.22
-0.35
1.71
2.83
1.98
--
--
--
1.09
0.76
1.34
3.96
10.56
6.40
Buyback Yield %
-14.06
-14.35
28.51
14.69
-0.18
-6.17
-26.48
0.87
12.59
-0.42
-9.93
-4.87
40.36
13.09
-10.06
-5.43
-4.98
YoY Rev. per Sh. Growth
-71.28
578
-59.69
-96.87
716
105
59.94
-1.18
-82.24
84.27
-670
183
76.91
-22.95
41.48
-46.27
-36.45
YoY EPS Growth
-59.84
255
-51.04
-29.18
56.18
-12.61
6.22
-1.56
-34.93
28.19
-122
728
50.27
-11.43
41.84
-35.01
-28.06
YoY EBITDA Growth
5.76
17.03
7.74
-5.63
-1.21
-6.11
-6.67
3.86
3.05
-8.46
--
--
--
--
--
--
-- 5-Year EBITDA Growth Rate
126
141
147
146
147
146
144
140
140
141
141
141
141
149
149
141
134
Shares Outstanding (Basic Average)
134
147
146
146
148
146
142
140
141
141
142
140
141
150
150
134
134
Shares Outstanding (EOP)
1.36
1.22
0.77
0.83
1.00
1.07
0.57
0.99
1.04
1.47
0.87
0.58
0.47
0.71
0.79
0.84
0.98
Beta
03/01/10
03/01/11
02/27/12
03/01/13
02/28/14
03/02/15
02/25/16
02/28/17
02/23/18
02/22/19
02/21/20
02/19/21
02/24/22
02/24/23
02/22/24
02/20/25
  Filing Date
12/22/11
03/01/13
02/28/14
03/02/15
02/25/16
02/28/17
02/23/18
02/22/19
02/21/20
02/19/21
02/24/22
02/24/23
02/22/24
02/20/25
02/20/25
02/20/25
  Restated Filing Date
02/04/10
02/10/11
02/09/12
02/07/13
02/13/14
02/12/15
02/11/16
02/15/17
02/14/18
02/21/19
02/12/20
02/10/21
02/09/22
02/08/23
02/07/24
02/05/25
  Earnings Release Date
178
154
143
119
102
100.00
90.00
81.00
75.00
74.00
71.00
70.00
70.00
70.00
--
66.00
66.00
Number of Shareholders
25,945
33,021
34,000
36,000
35,000
35,000
33,000
32,000
31,000
31,000
24,000
23,000
22,000
23,000
23,000
23,000
23,000
Number of Employees
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Business & Geographic Segmentation

Business Segments

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
--
--
--
--
--
--
--
33,928
36,064
36,847
33,191
35,170
51,770
57,900
51,124
45,897
44,234
Agribusiness
--
--
--
--
--
--
--
6,974
8,172
9,290
9,339
9,865
13,788
17,156
14,779
13,022
12,885
Refined and Specialty Oils
--
--
--
--
--
--
--
1,656
1,580
1,691
1,740
1,868
2,101
2,952
2,071
1,640
1,630
Milling
--
--
--
--
--
--
--
3,722
4,099
2,276
1,289
142
270
259
235
130
130
Sugar and Bioenergy
--
--
--
--
--
--
--
--
--
-4,823
--
--
5.00
35.00
42.00
54.00
56.00
Corporate and Other
--
--
--
--
--
--
--
--
--
--
-4,967
-5,641
-8,782
-11,070
-8,711
-7,635
-7,558
Eliminations
--
--
--
--
--
--
--
403
410
462
548
486
--
--
--
--
-- Fertilizer
--
--
--
--
--
--
--
-4,004
-4,531
--
--
--
--
--
--
--
-- Discontinued Operations & Unallocated

Geographic Segments

Dec09
Dec10
Dec11
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dec24
TTM Fiscal Period
--
--
--
--
--
--
--
14,238
16,313
17,802
15,278
14,998
22,249
26,089
24,333
25,356
-- Europe
--
--
--
--
--
--
--
10,239
10,128
9,955
9,147
10,494
14,660
16,939
15,819
14,187
-- United States
--
--
--
--
--
--
--
7,843
8,613
8,651
8,019
8,564
12,334
13,829
10,098
6,194
-- Asia-Pacific
--
--
--
--
--
--
--
6,604
7,040
5,553
5,195
4,396
4,520
5,487
4,771
3,810
-- Brazil
--
--
--
--
--
--
--
1,120
1,114
1,216
1,246
1,314
1,839
2,431
2,606
2,174
-- Canada
--
--
--
--
--
--
--
1,406
1,433
1,166
1,015
817
2,669
1,576
1,386
859
-- Argentina
--
--
--
--
--
--
--
1,229
1,153
1,400
1,240
821
881
881
527
528
-- Rest of world
* All financial numbers are in millions except for per share data, ratios and percentage change.
GuruFocus Manual of Stocks™  |  Jul 03, 2025
Bunge Global SA (NYSE:BG)
www.gurufocus.com/stock/NYSE:BG/summary

Explanation

1. Predictability Rank

GuruFocus Predictability Rank is a proprietary ranking of the consistency of a business. We rank the predictability of companies based on the consistency of their revenue per share and EBITDA (earnings before interest, tax, depreciation and amortization) per share over the past 10 fiscal years. Our study found that there is a strong correlation between the stock performance and the predictability of a business. Over the long term, companies with higher predictability also have better stock performance.

The rank is from 1-star to 5-star, with 5-star as the best.

2. Financial Strength

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

  1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
  2. Debt to revenue ratio. The lower, the better.
  3. Altman Z-Score.

The rank is from 1 to 10, with 10 as the highest.

A Financial Strength rank of 8 or above indicates good financial strength; between 4-7 indicates fair financial strength; 3 or below means poor financial strength.

3. Profitability Rank

GuruFocus Profitability Rank indicates how profitable a company is and how likely it is that the company's business will stay that way. It is based on these factors:

  1. Operating Margin %.
  2. Piotroski F-Score.
  3. Trend of the Operating Margin percentage (five-year average). A company with an uptrend in profit margin will have a higher rank.
  4. Consistency of the profitability.
  5. Predictability Rank.

The rank is from 1 to 10, with 10 as the highest.

A Profitability Rank of 8 or above indicates good profitability; between 4-7 indicates fair profitability; 3 or below means poor profitability.

4. Peter Lynch Chart

In Peter Lynch's excellent book, "One Up on Wall Street," he used many charts to illustrate the valuation of stocks. “A quick way to tell if a stock is overpriced is to compare the price line to the earnings line. If you bought familiar growth companies – such as Shoney’s, The Limited, or Marriott – when the stock price fell well below the earnings line, and sold them when the stock price rose dramatically above it, the chances are you’d do pretty well.”

The original Peter Lynch Chart does have limitations due to the right side price scale is pre-set at 15 times the earnings scale on the left side. When the stock price and earnings line coincide, the price-to-earnings ratio is always 15 times. Instead of using the fixed PE Ratio of 15, our approach is using 15-year historical median PE without NRI Ratio for each stock.

The Peter Lynch Chart with earnings line at median PE without NRI ratio works well for the companies with steady growth and earnings trends, or the stalwarts, as coined by Lynch. These companies tend to be found in sectors such as consumer staples, healthcare, and utilities, where the consumption of the product or service is relatively independent of economic conditions. It does not work well with the sectors that are cyclical: industrials, chemicals, durable goods, and so forth.

5. GF Value

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

  1. Possible Value Trap, Think Twice
  2. Significantly Overvalued
  3. Modestly Overvalued
  4. Fairly Valued
  5. Modestly Undervalued
  6. Significantly Undervalued
There is only a sufficient margin of safety when the stock is undervalued.

Disclaimer

GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.