Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Bahrain Flour Mills Company B.S.C

BAX:BFM
Snowflake Description

Flawless balance sheet, undervalued and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BFM
BAX
BHD8M
Market Cap
  1. Home
  2. BH
  3. Food, Beverage & Tobacco
Company description

Bahrain Flour Mills Company B.S.C. produces and sells flour and related products in the Kingdom of Bahrain. The last earnings update was 34 days ago. More info.


Add to Portfolio Compare Print
BFM Share Price and Events
7 Day Returns
0%
BAX:BFM
2.3%
Asia Food
-4.5%
BH Market
1 Year Returns
-
BAX:BFM
-2.1%
Asia Food
-4.5%
BH Market
BFM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bahrain Flour Mills Company B.S.C (BFM) 0% 0% - - - -19.2%
Asia Food 2.3% -2.1% -2.1% -2.1% 11.7% 8.3%
BH Market -4.5% -18.9% -19.3% -4.5% 5.3% -6.8%
1 Year Return vs Industry and Market
  • No trading data on BFM.
  • No trading data on BFM.
Price Volatility
BFM
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Bahrain Flour Mills Company B.S.C undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bahrain Flour Mills Company B.S.C to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bahrain Flour Mills Company B.S.C.

BAX:BFM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 18.6%
Perpetual Growth Rate 10-Year BH Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BAX:BFM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year BH Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 12.4%
Food Unlevered Beta Simply Wall St/ S&P Global 0.57
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.566 (1 + (1- 21%) (32.62%))
0.807
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.81
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (0.807 * 12.41%)
18.62%

Discounted Cash Flow Calculation for BAX:BFM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bahrain Flour Mills Company B.S.C is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BAX:BFM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (BHD, Millions) Source Present Value
Discounted (@ 18.62%)
2020 4.73 Est @ 75.89% 3.99
2021 7.36 Est @ 55.7% 5.23
2022 10.42 Est @ 41.57% 6.25
2023 13.73 Est @ 31.68% 6.93
2024 17.12 Est @ 24.76% 7.29
2025 20.53 Est @ 19.91% 7.37
2026 23.92 Est @ 16.52% 7.24
2027 27.31 Est @ 14.14% 6.97
2028 30.72 Est @ 12.48% 6.61
2029 34.19 Est @ 11.32% 6.20
Present value of next 10 years cash flows BHD64.00
BAX:BFM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= BHD34.19 × (1 + 8.6%) ÷ (18.62% – 8.6%)
BHD370.62
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= BHD370.62 ÷ (1 + 18.62%)10
BHD67.20
BAX:BFM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= BHD64.00 + BHD67.20
BHD131.20
Equity Value per Share
(BHD)
= Total value / Shares Outstanding
= BHD131.20 / 24.83
BHD5.28
BAX:BFM Discount to Share Price
Calculation Result
Value per share (BHD) From above. BHD5.28
Current discount Discount to share price of BHD0.32
= -1 x (BHD0.32 - BHD5.28) / BHD5.28
93.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Bahrain Flour Mills Company B.S.C is available for.
Intrinsic value
>50%
Share price is BHD0.32 vs Future cash flow value of BHD5.28
Current Discount Checks
For Bahrain Flour Mills Company B.S.C to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bahrain Flour Mills Company B.S.C's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bahrain Flour Mills Company B.S.C's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bahrain Flour Mills Company B.S.C's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bahrain Flour Mills Company B.S.C's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BAX:BFM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in BHD BHD0.07
BAX:BFM Share Price ** BAX (2020-02-03) in BHD BHD0.32
Asia Food Industry PE Ratio Median Figure of 791 Publicly-Listed Food Companies 14.94x
Bahrain Market PE Ratio Median Figure of 30 Publicly-Listed Companies 10.13x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bahrain Flour Mills Company B.S.C.

BAX:BFM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BAX:BFM Share Price ÷ EPS (both in BHD)

= 0.32 ÷ 0.07

4.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bahrain Flour Mills Company B.S.C is good value based on earnings compared to the Asia Food industry average.
  • Bahrain Flour Mills Company B.S.C is good value based on earnings compared to the Bahrain market.
Price based on expected Growth
Does Bahrain Flour Mills Company B.S.C's expected growth come at a high price?
Raw Data
BAX:BFM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Food Industry PEG Ratio Median Figure of 240 Publicly-Listed Food Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bahrain Flour Mills Company B.S.C, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bahrain Flour Mills Company B.S.C's assets?
Raw Data
BAX:BFM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in BHD BHD0.81
BAX:BFM Share Price * BAX (2020-02-03) in BHD BHD0.32
Asia Food Industry PB Ratio Median Figure of 1,013 Publicly-Listed Food Companies 0.97x
Bahrain Market PB Ratio Median Figure of 34 Publicly-Listed Companies 0.79x
BAX:BFM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BAX:BFM Share Price ÷ Book Value per Share (both in BHD)

= 0.32 ÷ 0.81

0.4x

* Primary Listing of Bahrain Flour Mills Company B.S.C.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bahrain Flour Mills Company B.S.C is good value based on assets compared to the Asia Food industry average.
X
Value checks
We assess Bahrain Flour Mills Company B.S.C's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Bahrain Flour Mills Company B.S.C has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Bahrain Flour Mills Company B.S.C expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bahrain Flour Mills Company B.S.C has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
16.6%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bahrain Flour Mills Company B.S.C expected to grow at an attractive rate?
  • Unable to compare Bahrain Flour Mills Company B.S.C's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bahrain Flour Mills Company B.S.C's earnings growth to the market average as no estimate data is available.
  • Unable to compare Bahrain Flour Mills Company B.S.C's revenue growth to the Bahrain market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BAX:BFM Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Food Industry Earnings Growth Rate Market Cap Weighted Average 16.6%
Asia Food Industry Revenue Growth Rate Market Cap Weighted Average 10.9%
Bahrain Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BAX:BFM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in BHD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BAX:BFM Past Financials Data
Date (Data in BHD Millions) Revenue Cash Flow Net Income *
2019-12-31 7 3 2
2019-09-30 7 -3 1
2019-06-30 7 -3 1
2019-03-31 7 -3 1
2018-12-31 7 -1 1
2018-09-30 7 -2 2
2018-06-30 7 -1 2
2018-03-31 7 -1 4
2017-12-31 7 0 5
2017-09-30 7 3 5
2017-06-30 7 2 5
2017-03-31 7 3 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bahrain Flour Mills Company B.S.C is high growth as no earnings estimate data is available.
  • Unable to determine if Bahrain Flour Mills Company B.S.C is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BAX:BFM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bahrain Flour Mills Company B.S.C Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BAX:BFM Past Financials Data
Date (Data in BHD Millions) EPS *
2019-12-31 0.07
2019-09-30 0.05
2019-06-30 0.06
2019-03-31 0.06
2018-12-31 0.05
2018-09-30 0.06
2018-06-30 0.09
2018-03-31 0.16
2017-12-31 0.20
2017-09-30 0.21
2017-06-30 0.18
2017-03-31 0.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bahrain Flour Mills Company B.S.C will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Bahrain Flour Mills Company B.S.C is trading at Bahrain Flour Mills Company B.S.C'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Bahrain Flour Mills Company B.S.C's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Food, Beverage & Tobacco companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Bahrain Flour Mills Company B.S.C's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bahrain Flour Mills Company B.S.C has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Bahrain Flour Mills Company B.S.C performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bahrain Flour Mills Company B.S.C's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bahrain Flour Mills Company B.S.C's year on year earnings growth rate has been positive over the past 5 years.
  • Bahrain Flour Mills Company B.S.C's 1-year earnings growth exceeds its 5-year average (54.8% vs 19.9%)
  • Bahrain Flour Mills Company B.S.C's earnings growth has exceeded the Asia Food industry average in the past year (54.8% vs 7.3%).
Earnings and Revenue History
Bahrain Flour Mills Company B.S.C's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bahrain Flour Mills Company B.S.C Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BAX:BFM Past Revenue, Cash Flow and Net Income Data
Date (Data in BHD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 7.08 1.85 1.13
2019-09-30 7.02 1.30 1.17
2019-06-30 6.95 1.44 1.17
2019-03-31 7.02 1.42 1.17
2018-12-31 7.10 1.20 1.17
2018-09-30 7.10 1.55 1.12
2018-06-30 7.04 2.11 1.12
2018-03-31 7.09 3.85 1.12
2017-12-31 6.99 5.00 1.12
2017-09-30 6.88 5.16 1.15
2017-06-30 6.82 4.59 1.15
2017-03-31 6.70 2.52 1.15
2016-12-31 6.46 0.80 1.15
2016-09-30 6.34 0.66 1.08
2016-06-30 6.13 0.62 1.08
2016-03-31 6.06 0.53 1.08
2015-12-31 5.97 0.60 1.08
2015-09-30 5.95 0.53 1.06
2015-06-30 6.01 0.47 1.06
2015-03-31 6.01 0.57 1.06
2014-12-31 6.08 0.61 1.06
2014-09-30 7.11 0.30 0.82
2014-06-30 6.82 0.37 0.82
2014-03-31 3.23 0.37 0.37
2013-12-31 6.03 0.22 0.82
2013-09-30 16.76 0.48 0.33
2013-06-30 10.72 0.62 0.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bahrain Flour Mills Company B.S.C has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bahrain Flour Mills Company B.S.C used its assets less efficiently than the Asia Food industry average last year based on Return on Assets.
  • Bahrain Flour Mills Company B.S.C has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Bahrain Flour Mills Company B.S.C's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bahrain Flour Mills Company B.S.C has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Bahrain Flour Mills Company B.S.C's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bahrain Flour Mills Company B.S.C's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bahrain Flour Mills Company B.S.C is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bahrain Flour Mills Company B.S.C's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bahrain Flour Mills Company B.S.C's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bahrain Flour Mills Company B.S.C Company Filings, last reported 3 months ago.

BAX:BFM Past Debt and Equity Data
Date (Data in BHD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 20.07 2.40 2.04
2019-09-30 19.67 6.61 0.61
2019-06-30 19.70 4.39 0.59
2019-03-31 19.25 4.97 0.98
2018-12-31 18.99 5.01 3.06
2018-09-30 19.14 5.15 2.99
2018-06-30 19.03 2.73 4.08
2018-03-31 18.60 2.71 3.89
2017-12-31 18.31 3.04 3.71
2017-09-30 18.58 3.80 5.30
2017-06-30 18.34 1.92 6.88
2017-03-31 18.22 1.27 7.33
2016-12-31 18.49 1.68 3.77
2016-09-30 18.06 4.57 3.60
2016-06-30 18.26 1.97 3.48
2016-03-31 17.97 2.02 2.73
2015-12-31 18.52 2.48 2.32
2015-09-30 18.36 3.65 3.11
2015-06-30 18.84 4.60 3.56
2015-03-31 18.74 5.54 1.86
2014-12-31 18.75 3.61 2.68
2014-09-30 19.13 2.94 3.30
2014-06-30 19.07 2.66 0.90
2014-03-31 18.90 1.56 2.23
2013-12-31 18.52 4.40 2.10
2013-09-30 18.55 4.20 0.99
2013-06-30 18.11 3.62 1.21
  • Bahrain Flour Mills Company B.S.C's level of debt (12%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (19.4% vs 12% today).
  • Debt is well covered by operating cash flow (125%, greater than 20% of total debt).
  • Bahrain Flour Mills Company B.S.C earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Bahrain Flour Mills Company B.S.C's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bahrain Flour Mills Company B.S.C has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Bahrain Flour Mills Company B.S.C's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
9.44%
Current annual income from Bahrain Flour Mills Company B.S.C dividends.
If you bought BHD2,000 of Bahrain Flour Mills Company B.S.C shares you are expected to receive BHD189 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bahrain Flour Mills Company B.S.C's pays a higher dividend yield than the bottom 25% of dividend payers in Bahrain (4.88%).
  • Bahrain Flour Mills Company B.S.C's dividend is above the markets top 25% of dividend payers in Bahrain (7.87%).
Upcoming dividend payment

Purchase Bahrain Flour Mills Company B.S.C before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BAX:BFM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Food Industry Average Dividend Yield Market Cap Weighted Average of 582 Stocks 2%
Bahrain Market Average Dividend Yield Market Cap Weighted Average of 26 Stocks 6.2%
Bahrain Minimum Threshold Dividend Yield 10th Percentile 3.3%
Bahrain Bottom 25% Dividend Yield 25th Percentile 4.9%
Bahrain Top 25% Dividend Yield 75th Percentile 7.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BAX:BFM Past Annualized Dividends Data
Date (Data in BHD) Dividend per share (annual) Avg. Yield (%)
2019-07-18 0.030 9.535
2019-04-09 0.030 9.441
2018-04-12 0.020 5.595
2017-08-09 0.020 5.263
2016-11-02 0.020 5.181
2015-03-18 0.020 5.089
2014-08-26 0.010 2.617
2013-04-11 0.020 5.769
2012-03-22 0.020 5.501
2011-05-09 0.020 5.142
2011-04-18 0.020 5.000
2010-05-25 0.019 4.767

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Bahrain Flour Mills Company B.S.C's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.5x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bahrain Flour Mills Company B.S.C's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bahrain Flour Mills Company B.S.C afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bahrain Flour Mills Company B.S.C has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Bahrain Flour Mills Company B.S.C's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Henry Craig
TENURE AS CEO 2 years
CEO Bio

Mr. Henry Wayne Craig is the Chief Executive Officer of Bahrain Flour Mills Company B.S.C since April 25, 2018. Mr. Craig joins us with nearly 30 years of extensive international experience in mills and grain industry of all kinds with all technical, engineering and administrative fields of these industries. He holds an MBA degree in addition to qualifications supported by experience in milling and business specializing in oats and breakfast cereals throughout the UK and he has contributed the construction of several mills in China, Africa and Europe.

CEO Compensation
  • Insufficient data for Henry to compare compensation growth.
  • Insufficient data for Henry to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Bahrain Flour Mills Company B.S.C management team in years:

2
Average Tenure
  • The tenure for the Bahrain Flour Mills Company B.S.C management team is about average.
Management Team

Henry Craig

TITLE
Chief Executive Officer
TENURE
2 yrs

Somasundaram Gnanasekaram

TITLE
Finance Manager

Raed M. Al-Saloom

TITLE
Senior Technical Manager

Athra Al-Ali

TITLE
Senior Manager of Human Capital
TENURE
1.3 yrs

Ahmed Jassiam Baqer

TITLE
Board Secretary & Senior Public Relation Manager
TENURE
4.3 yrs
Board of Directors

Abdul Latif Khalid Aujan

TITLE
Chairman

Salah Mohamed Al Kulaib

TITLE
Vice Chairman

Abbas Abdul Mohsen Radhi

TITLE
Director

Afnan Al Zayani

TITLE
Director
TENURE
7.8 yrs

Marwan Tabbara

TITLE
Director

Adel Abdulmalik

TITLE
Director

Marwa Al Sabbagh

TITLE
Director

Ayman Zainal

TITLE
Director
TENURE
3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (BHD) Value (BHD)
X
Management checks
We assess Bahrain Flour Mills Company B.S.C's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bahrain Flour Mills Company B.S.C has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Bahrain Flour Mills Company B.S.C. produces and sells flour and related products in the Kingdom of Bahrain. The company offers all purpose flour, pizza flour, dumpling mix with yeast, hab hares, jereesh, semolina, and wheat bran and germ. Bahrain Flour Mills Company B.S.C. markets and sells its products to auto bakeries, hotels, restaurants, and super and hypermarkets. It also exports its products. The company was incorporated in 1970 and is based in Manama, the Kingdom of Bahrain. Bahrain Flour Mills Company B.S.C. is a subsidiary of Bahrain Mumtalakat Holding Company B.S.C. (c).

Details
Name: Bahrain Flour Mills Company B.S.C.
BFM
Exchange: BAX
Founded: 1970
BHD7,944,182
24,825,570
Website: http://www.bfm.bh
Address: Bahrain Flour Mills Company B.S.C.
Building No. 1773,
Block No. 342,
Manama,
Bahrain
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BAX BFM Ordinary Shares Bahrain Stock Exchange BH BHD 12. Feb 1996
Number of employees
Current staff
Staff numbers
0
Bahrain Flour Mills Company B.S.C employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 16:33
End of day share price update: 2020/02/03 00:00
Last earnings filing: 2020/03/01
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.