BGSF Inc. Common Stock (BGSF)

FairStock Score: 36/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I am looking at BGSF as a small staffing business with a narrow niche: office and maintenance talent for apartment communities and commercial buildings. It has only 189 employees and operates in a fragmented industry where pricing power is limited. My kind of moat—durable competitive advantage—is hard to see here. The numbers confirm the pressure. Revenue fell from $125.1 million in fiscal 2023 to $104.4 million in fiscal 2024 and $93.3 million in fiscal 2025. Net income was negative in all three years: -$10.2 million, -$3.3 million, and -$11.4 million, respectively. In the latest filed quarter, fiscal Q2 2026 ended 2026-06-28, revenue was $22.3 million and net income was -$834,000, or -$0.08 per diluted share. Fiscal Q1 2026 had revenue of $20.9 million and a net loss of $471,000. So the company is still losing money. FairStock reports 34.76% profit growth, but the company is still posting losses. The balance sheet is the main cushion. Debt to equity is only 0.01, and the Altman Z-Score of 4.59, a FairStock calculation, suggests low bankruptcy risk. At the 2026-10-13 close of $4.55, P/B is 1.06, so the market values it near book value. But P/E is -7.11, ROE is -11.16%, ROCE is -2.56%, and trailing free cash flow is -$3.4 million, a -7.0% FCF yield. FairStock scores it 36/100 and labels it a TURNAROUND—Loss in the latest year after earlier profits. Piotroski is 4/9. A low beta of 0.41 may mean less volatility, not safety. For a Graham-style investor, a sub-book price with low debt is interesting, but without positive earnings or free cash flow there is no reliable margin of safety. I would need evidence of stable revenue and real profits before calling this cheap rather than merely small.

In plain English: BGSF supplies temporary office and maintenance workers, mainly for apartment communities and commercial buildings. The business looks weak right now: revenue has been shrinking and the company has posted losses, including an $11.4 million loss in fiscal 2025. At the 2026-10-13 close of $4.55, it trades around the value of its net assets, but with continuing losses it is not clearly cheap or expensive—it looks like a turnaround bet.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-28) · fiscal Q1 2026 10-Q (period ended 2026-03-29) · fiscal Q4 2025 10-K (period ended 2025-12-28) · fiscal Q3 2025 10-K (period ended 2025-09-28) · FY2025 10-K (period ended 2025-12-28) · FY2024 10-K (period ended 2024-12-29) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer