Bunge Global SA

Farm Products

BGStrained7 of 11 basics passed

$102.74

-4.71%

Market cap $19.7B

$102.74

-4.71%

Market cap $19.7B

Bunge Global SA is an agribusiness solutions company, connecting farmers to consumers and delivering essential food, feed and fuel to the globe.

It is a $19.7B consumer staples company. Revenue grew 80.5% over the last year, it keeps 1¢ of every dollar of sales as profit, and it carries $11.6B of net debt. It trades at 19.6× earnings — in the most expensive third of its own history.

Website: bunge.com
Location: Geneva, V8
Employees: 34 000
Sector: Consumer Defensive
Founded: 1859

Share price · 3 years

$104.49 → $102.74-1.7%

price only — dividends excluded

Key facts · TTM

Revenue: total sales; $91.8B
Profit: keeps 1¢ of every $1 sold; $1.01B
Free cash flow: cash left after running the business; -$711M
Net debt: debt minus cash on hand; $11.6B
P/E: years of profit in the price; 19.6
EPS: earnings per share, TTM; $6.06
Dividend: pays out 55% of profit; 2.78%
Shares: up 123% since 2016 — dilution; 166.2M
Volatility: beta vs the market — under 1 swings less; 0.69

Revenue, last 10 years

52-week range

Low $80.77$102.74High $131.41

Today's price is 43% of the way from the year's low to its high.

P/E vs its history5y

19.6×median 9.2×

Higher than 89% of past days — in the most expensive third of its own history.

Valuation vs own history

P/E

19.6×

11%

P/S

0.2×

80%

EV/EBITDA

20.7×

11%

P/B

1.1×

79%

FCF yield

10.0%

73%

Share of the last ~5 years that was pricier than today (in line with its own history). Based on the daily valuation record.

Standing in Consumer Defensive

Size$19.7Btop 60%
Revenue growth+2%top 60%
Net margin1%top 85%
Return on equity6%top 70%
P/E19.6×top 36%
Dividend yield2.78%top 61%

Ranked against 41 Consumer Defensive companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation, Growth, Profitability, Health, Quality and Moat lag behind.

Valuation45

P/E vs own history89th pct · 0/25
FCF yield-3.6% · 0/25
P/S0.2x · 25/25
EV/EBITDA11.9x · 20/25

Growth31

Revenue CAGR4.4% · 6/25
Net income CAGR-20.8% · 0/25
EPS CAGR ~5Y-8.6% · 0/25
Fwd implied growth86.4% · 25/25

Profitability21

ROIC4.8% · 5/25
ROE6.3% · 5/25
Net margin1.1% · 6/25
Operating margin2.1% · 5/25

Health40

Altman Zn/a · 0/25
Current ratio1.57 · 18/25
Interest coverage3.4x · 10/25
Net cash / debtD/A 26% · 12/25

Quality36

Piotroski F3/9 · 5/25
Beneish M-1.13 · 6/25
FCF conversion-71% · 0/25
Margin stabilityσ 2.3% · 25/25

Moat16

ROIC >12% years3/10 yrs · 6/25
Median gross margin5.6% · 0/25
FCF-positive years4/10 yrs · 5/25
Worst-year net marginworst -3.1% · 5/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

2025Acquisition
The merger with Viterra was completed
FY2023Financial
Best year on record
$2.24B net income
2023Acquisition
A merger with Viterra was announced
FY2021Financial
Revenue crossed $50B
$59.2B for the year
2017Acquisition
Glencore in Switzerland began pursuing the acquisition of Bunge
FY2016Financial
First recorded profitable year
$745M net income
FY2016Financial
Revenue already above $10B
$42.7B in first reported year
2009Acquisition
Bunge acquired the margarine business from Raisio Group, maker of functional food ingredients
2008Acquisition
Bunge acquired Walter Rau, a margarine company, from Germany
2002Acquisition
Bunge acquired Cereol, parent of oilseed companies Central Soya and CanAmera Foods
1859Founded
Bunge was founded in 1818 by Johann Peter Gottlieb Bunge in Amsterdam, it was relocated to Antwerp by Edouard Bunge…

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$13 300 today — price return only

$70.3B revenue in FY2025

Revenue up 80.5% year over year

Profitable 6 years in a row

34 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Revenue growing 80.5% year over year

Watch-outs

Negative free cash flow (-$711.0M)
Loss-making in 1 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

7 of 11 checks passed

Revenue growing — the company sells more than a year ago+80.5% YoY
Profitable — makes more than it spends$1.01B TTM
Profit growing — earnings are higher than last year-22.5% YoY
Generates cash — cash left after running and investing-$711M TTM
Debt under control — could handle its obligationscurrent ratio 1.57
Established company — not a micro-cap — lower blow-up risk$19.7B market cap
Not printing shares — share count not ballooning — you keep your slice+11.9% shares over ~5y
Proven track record — years of profitability behind it9/10 profitable years
Financially stable — balance sheet not near distresshealth score 28/100
Pays a dividend — returns cash to shareholdersyield 2.78%
Valuation not extreme — price not wildly above earningsP/E 19.6

Peer comparisonBunge Global SA vs 6 largest consumer defensive peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
BG this company	$19.7B	19.6	+80.5%	1.1%	Strained
WMT Walmart Inc.	$882.9B	40.8	+6.2%	3.0%	Strained
COST Costco Wholesale Corp	$419.2B	45.5	+10.1%	3.0%	Mixed
KO Coca-Cola Company	$379.3B	26.5	+6.5%	28.6%	Mixed
PG Procter & Gamble Company	$351.2B	21.9	+3.3%	18.4%	Solid
PM Philip Morris International Inc.	$313.6B	28.8	+8.9%	25.6%	Strained
PEP PepsiCo, Inc.	$171.8B	16.5	+6.4%	11.1%	Strained

Head-to-head: BG vs WMT · BG vs COST · BG vs KO

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 5Buy 13Hold 2

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $91.8B · net income $1.01B (TTM)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

How FY2025 revenue flows to profit

RevenueNet income

Revenue (TTM)

$91.8B

YoY 80.5%

Net income (TTM)

$1.01B

Margin 1.1%

Gross margin

4.9%

Operating margin

2.1%

P/E ratio

19.6

Dividend yield

2.78%

Income statement — full detail

Figures in USD billions · EPS in USD

	2020	2021	2022	2023	2024	2025
Revenue	41.4	59.2	67.2	59.5	53.1	70.3
Gross profit	2.8	3.4	3.7	4.8	3.4	3.4
Operating income (EBIT)	1.4	2.6	2.1	3.1	1.5	1.1
Net income	1.1	2.1	1.6	2.2	1.1	0.8
EPS (diluted)	7.71	13.64	10.51	14.87	7.99	4.91

Cash flowFree cash flow -$711M · operating cash flow $1.07B (TTM)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (TTM)

-$711M

Margin -0.8%

Operating cash flow (TTM)

$1.07B

FCF margin

-0.8%

Cash flow statement — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Operating cash flow	-3.5	-2.9	-5.5	3.3	1.9	0.8
Capital expenditure	-0.4	-0.4	-0.6	-1.1	-1.4	-1.7
Free cash flow	-3.9	-3.3	-6.1	2.2	0.5	-0.9
FCF margin	-9.4%	-5.6%	-9.1%	3.7%	1.0%	-1.2%

Balance sheetAssets $44.5B · net debt $11.6B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

How $44.5B of assets is financed

64%

36%

Liabilities $28.6B — borrowed moneyEquity $15.9B — owners' stake

Cash vs debt

Total debt $12.7B − cash $1.14B = net debt $11.6B

Cash on hand covers 9% of debt.

Debt repayment

0.0 yrs

Years of free cash flow to clear net debt

Interest coverage

3.4x

EBIT ÷ interest expense

ROE

6.3%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2020	2021	2022	2023	2024	2025
Cash & equivalents	0.4	0.9	1.1	2.6	3.3	1.1
Total assets	23.7	23.8	24.6	25.4	24.9	44.5
Total liabilities	17.6	16.1	15.4	14.5	15.0	28.6
Total debt	7.3	5.5	3.8	4.9	5.6	12.7
Equity	6.1	7.7	9.2	10.9	9.9	15.9
Net debt	6.9	4.6	2.7	2.3	2.3	11.6

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of BG on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $102.74 · market cap $19.7B.