Bega CheeseASX:BGA +3.21%75 Net Margin % is 2.51% as of Dec. 2025, which is 120% above its 10-year median of 1.14. GuruFocus rates ASX:BGA with a GF Score™ of 75/100 and a GF Value™ of A$4.83 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Bega Cheese ranks worse than 72.23% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Bega Cheese's Net Income for the
six
months ended in Dec. 2025 was A$47 Mil. Bega Cheese's Revenue for the
six
months ended in Dec. 2025 was A$1,871 Mil. Therefore, Bega Cheese's net margin for the quarter that ended in Dec. 2025 was 2.51%.
The historical rank and industry rank for Bega Cheese's Net Margin % or its related term are showing as below:
ASX:BGA'
s Net Margin % Range Over the Past 10 Years
Min: -6.79 Med: 1.14 Max: 11.26
Current: 0.23
ASX:BGA's Net Margin % is ranked worse than 72.23% of 1952
companies
in the Consumer Packaged Goods industry
Industry Median: 3.495
vs ASX:BGA: 0.23
Bega Cheese (ASX:BGA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Bega Cheese Net Margin % Related Terms
Bega Cheese Net Margin % Historical Data
* Premium members only.
The historical data trend for Bega Cheese's Net Margin % 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 Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Bega Cheese's Net Margin % distribution charts can be found below:
* The bar in red indicates where Bega Cheese's Net Margin % falls into.
* 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 Net Margin % of 2.51% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Bega Cheese and its competitors. This is 120% above median its historical median of 1.14. According to the industry distribution chart, Bega Cheese ranks #1410 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 72.2%.
Is Bega Cheese's Net Margin % too high?
Bega Cheese's current Net Margin % of 2.51% is 120% above median its 10-year median of 1.14. The Consumer Packaged Goods industry median Net Margin % is 3.50. Bega Cheese's value of 2.51% is 28.2% below this industry median. Based on the distribution chart, Bega Cheese ranks #1410 out of 1952 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bega Cheese has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bega Cheese's Net Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bega Cheese ranks #1410 out of 1952 companies for Net Margin %. This places Bega Cheese in the lower half of its industry. The industry median Net Margin % is 3.50. Bega Cheese's value of 2.51% is 28.2% below this benchmark. While the company's 10-year median is 1.14 vs. the industry median of 3.50, 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 Net Margin % for a Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bega Cheese's current Net Margin % of 2.51% is 28.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Bega Cheese and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bega Cheese's current Net Margin % is 2.51%, which is 120% above median its own 10-year median of 1.14. 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$4.83, compared to a current price of A$5.79 — trading 19.9% above its estimated fair value. The current Net Margin % is 2.51%, which is 120% above median its 10-year median of 1.14 and 28.2% below the Consumer Packaged Goods industry median of 3.50. Bega Cheese's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Bega Cheese (ASX:BGA), the current Net Margin % is 2.51% 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$5.79 is trading 19.9% above its estimated GF Value™ of A$4.83.
GuruFocus considers Bega Cheese to be Modestly Overvalued.
Key valuation signals for ASX:BGA:
Net Margin %: 2.51% (120% above median its 10-year median of 1.14)
GF Value™: A$4.83 vs. price of A$5.79 (19.9% above fair value)
Industry Position: 28.2% below the Consumer Packaged Goods median (#1410 of 1952)
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.
75GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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