Consumer Staples · Agricultural Products & Services · US stock · price as of 16 Oct 2026
Key indicators
Price
$106.14
52-week range
$86.67 – $134.02
Market cap
$20.8B
P/E (trailing)
27.1×
EV / EBITDA
13.8×
Free-cash-flow yield
−5.6%
Dividend yield
2.7%
Revenue (last 12 months)
$80.5B
Revenue growth (3y a year)
1.5%
Operating margin
2.0%
Return on invested capital
4.4%
Net debt / EBITDA
5.3×
Fair value
Blended fair value$109.19 range $109 – $109
Versus priceFair+3% to fair value
Peer multiples
$91.34
Fundamentals-adjusted multiple
$127.04
10-year DCF (market-scaled)
n/m
Earnings power value (floor, not blended)
$83.27
Model uncertainty
Medium
X-Ray Score
32/ 100 · Medium confidence · ahead of 0% of sector peers
Valuation34
Growth44
Profitability22
Financial health23
Dividends51
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Bunge is an agribusiness and food company that sources, stores, transports and processes grains and oilseeds. It crushes soybeans and other oilseeds into meal and vegetable oil, produces edible oils and fats, and mills wheat and corn into flour and related products. Customers include food manufacturers, animal feed producers, biofuel makers, bakeries and food-service companies. The business is organised into agribusiness, refined and specialty oils, and milling operations.
Bunge earns its revenue by moving and processing agricultural commodities in very large volumes, which brings a high revenue figure and a thin margin. Revenue was $80.5 billion over the last twelve months and has grown at 1.5% a year across the last three years. The operating margin is 2.0%, the business earns 4% on the capital invested in it, and net debt is 5.3 times EBITDA. The dividend yield is 2.7%.
StocksXray gives Bunge Global SA an X-Ray Score of 32 out of 100 (medium confidence), ahead of 0% of the S&P 500 stocks in its sector. Its strongest lens is dividends (51) and its weakest is profitability (22).
Our fair value blend is $109.19 (range $109.19 to $109.19). At $106.14 the stock trades 3% below that blend, so the label is "Fair" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Bunge Global SA (BG)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2021
FY2022
FY2023
FY2024
FY2025
Now
Price
$82.08
$89.70
$93.10
$73.79
$87.49
$106.14
Market cap
$12.5B
$13.7B
$14.0B
$10.5B
$14.6B
$20.8B
P/E
6.0×
8.5×
6.3×
9.2×
17.8×
27.1×
EV / revenue
0.2×
0.3×
0.3×
0.3×
0.4×
0.4×
EV / EBITDA
3.6×
6.2×
4.3×
5.7×
11.4×
14.4×
Price / free cash flow
–
–
6.4×
20.0×
–
–
Free-cash-flow yield
−26.3%
−44.4%
15.6%
5.0%
−6.0%
−5.6%
Price / book
1.6×
1.5×
1.3×
1.1×
0.9×
1.3×
Dividend yield
2.53%
2.68%
2.81%
3.69%
3.20%
2.68%
Fundamentals checklist ● 1 Good · ● 4 Average · ● 10 Bad · each check graded against the sector
Cash quality
Earnings backed by cash0.2%Bad
Free-cash-flow yield−5.6%Bad
Risk models
Altman Z score3.1×Average
Piotroski F-Score3 of 9Bad
Growth
EPS growth (3y)−22.4%Bad
Revenue growth (3y)1.5%Average
Growth consistency30%Bad
Balance sheet
Current ratio1.6×Good
Net debt / EBITDA5.3×Bad
Interest cover2.3×Bad
Valuation
Fair value vs price1.0×Average
EBIT / EV yield4.6%Average
Profitability
Return on invested capital4.4%Bad
Operating margin2.0%Bad
Gross profitability7.5%Bad
Red flags
Heavy dilution — Share count up more than 5% year on year
XStocksXray
Bunge Global SA (BG)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY21
FY22
FY23
FY24
FY25
LTM
Revenue
59,152
67,232
59,540
53,108
70,329
80,547
Gross profit
3,363
3,682
4,845
3,393
3,409
3,578
Operating income
2,808
2,469
3,567
1,995
1,762
1,616
Net income
2,078
1,610
2,243
1,137
816
683
Diluted EPS ($)
13.64
10.51
14.87
7.99
4.91
3.92
Free cash flow
-3,293
-6,104
2,186
524
-879
-1,161
Gross margin
5.7%
5.5%
8.1%
6.4%
4.8%
4.4%
Operating margin
4.7%
3.7%
6.0%
3.8%
2.5%
2.0%
Net margin
3.5%
2.4%
3.8%
2.1%
1.2%
0.8%
Balance sheet
FY21
FY22
FY23
FY24
FY25
LTM
Total assets
23,819
24,580
25,372
24,899
44,528
47,576
Cash
902
1,104
2,602
3,311
1,135
839
Total debt
–
4,651
4,882
6,238
14,051
14,553
Equity
7,825
9,224
10,851
9,913
15,904
16,045
Dividend per share ($)
2.08
2.40
2.61
2.72
2.80
2.80
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.