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Bega CheeseASX:BGA -0.49%64 Equity-to-Asset is 0.46 as of Dec. 2025, which is 10% below its 10-year median of 0.51. GuruFocus rates ASX:BGA with a GF Score™ of 64/100 and a GF Value™ of A$4.86 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,992 Consumer Packaged Goods companies, Bega Cheese ranks worse than 62.5% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bega Cheese's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$1,009 Mil. Bega Cheese's Total Assets for the quarter that ended in Dec. 2025 was A$2,187 Mil.
Therefore, Bega Cheese's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.46.
The historical rank and industry rank for Bega Cheese's Equity-to-Asset or its related term are showing as below:
ASX:BGA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.51 Max: 0.74
Current: 0.46
During the past 13 years, the highest Equity to Asset Ratio of Bega Cheese was 0.74. The lowest was 0.46. And the median was 0.51.
ASX:BGA's Equity-to-Asset is ranked worse than 62.5% of 1992
companies
in the Consumer Packaged Goods industry
Industry Median: 0.55
vs ASX:BGA: 0.46
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.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Bega Cheese Equity-to-Asset Related Terms
Bega Cheese Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Bega Cheese's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Packaged Foods subindustry, Bega Cheese's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bega Cheese Equity-to-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Bega Cheese's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Bega Cheese's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Bega Cheese's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bega Cheese (ASX:BGA) has a Equity-to-Asset of 0.46 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bega Cheese and its competitors. This is 10% below median its historical median of 0.51. Over the past decade, Bega Cheese's Equity-to-Asset has ranged from 0.46 to 0.74. According to the industry distribution chart, Bega Cheese ranks #1245 out of 1992 companies in the Consumer Packaged Goods industry, placing it in the top 62.5%.
Is Bega Cheese's Equity-to-Asset too high?
Bega Cheese's current Equity-to-Asset of 0.46 is 10% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.74. The Consumer Packaged Goods industry median Equity-to-Asset is 0.55. Bega Cheese's value of 0.46 is 16.4% below this industry median. Based on the distribution chart, Bega Cheese ranks #1245 out of 1992 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bega Cheese has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bega Cheese's Equity-to-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bega Cheese ranks #1245 out of 1992 companies for Equity-to-Asset. This places Bega Cheese in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Bega Cheese's value of 0.46 is 16.4% below this benchmark. Historically, Bega Cheese's own Equity-to-Asset has ranged from 0.46 to 0.74 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.55, Bega Cheese has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.55, based on 1,992 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bega Cheese's current Equity-to-Asset of 0.46 is 16.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bega Cheese and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bega Cheese's current Equity-to-Asset is 0.46, which is 10% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bega Cheese stock overvalued right now?
Based on GuruFocus' analysis, Bega Cheese (ASX:BGA) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.86, compared to a current price of A$6.11 — trading 25.7% above its estimated fair value. The current Equity-to-Asset is 0.46, which is 10% below median its 10-year median of 0.51 and 16.4% below the Consumer Packaged Goods industry median of 0.55. Bega Cheese's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Bega Cheese (ASX:BGA), the current Equity-to-Asset is 0.46 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bega Cheese (ASX:BGA) Overvalued in 2026?
Based on GuruFocus' analysis, Bega Cheese stock appears to be overvalued.
The current stock price of A$6.11 is trading 25.7% above its estimated GF Value™ of A$4.86.
GuruFocus considers Bega Cheese to be Modestly Overvalued.
Key valuation signals for ASX:BGA:
Equity-to-Asset: 0.46 (10% below median its 10-year median of 0.51)
GF Value™: A$4.86 vs. price of A$6.11 (25.7% above fair value)
Industry Position: 16.4% below the Consumer Packaged Goods median (#1245 of 1992)
No single metric tells the full story. See the ASX:BGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bega Group is an Australia-based dairy processor and food manufacturer of well-known brands including Bega Cheese and Vegemite. Bega operates two segments: The branded segment produces consumer packaged goods primarily sold through the supermarket and foodservice channels, while the bulk segment produces commodity dairy ingredients primarily sold through the business-to-business channel.
64GF Score
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