Assay
Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
|
| Bgsf, Inc.BGSF · other | |
|---|---|
| Grade |  Bsecond fifth of 336 graded peers; percentile 36.1, sampling error 2.6 points; lower is stronger |
| Rank | 122 of 336 |
| Profitability | Bpercentile 27.4 |
| Solvency | Apercentile 14.8 |
| Growth and financing | Epercentile 87.9 |
| Reliability | 0.83 AUCfailure model, filers with $12.5M to $120M assets; 95% interval 0.79 to 0.86; 201 events, 2020 to 2025 |
| Peer failure rate | 1.07% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | $12.5M to $120M assetstotal assets $57.8M[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | late filer |
| Inputs computable | 9 of 14 |
| Graded from | filings received through Mar 30, 2026193 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $4.652026-10-07; market equity $49.6M; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Mar 30, 2026; the document on sec.gov.
BGSF, Inc. (“BGSF,” “we,” or the “Company”) is a leading national provider of staffing and workforce solutions for the Property Management industry. We operate primarily within the U.S. through our Property Management segment, which provides maintenance and office field talent across 44 of the states and D.C. to property management companies responsible for the apartment communities and commercial buildings day to day operations. We provide field talent to a variety of client partners that are seeking to match their workforce requirements to their business needs.
Warnings [top]
7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.
The Fourteen Inputs [top]
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 27.4 | |||||||
| Gross profitability | 57.6% | [1,3] | 27.1% | 11.8 | 289 | 2025-12-28 | |
| Return on invested capital | not computable | 10.0% | |||||
| latest aligned inputs end 2015-12-27; latest annual assets end 2025-12-28 | |||||||
| Accruals ratio | (11.1%) | [1,4-6] | (5.9%) | 22.6 | 506 | 2025-12-28 | |
| Gross margin stability, five years | 2.1 pts | [2-3,7-14] | 2.2 pts | 47.8 | 204 | 2025-12-28 | |
| Solvency, sleeve percentile 14.8 | |||||||
| Twelve-month failure probability | 0.03% | 0.04% | 25.0 | 45 | 2026-06-28 | ||
| Altman Z double-prime | 6.23 | [1,15-20] | 2.05 | 10.1 | 386 | 2025-12-28 | |
| Net debt to EBITDA | not computable | 2.52x | |||||
| latest aligned inputs end 2015-12-27; latest annual assets end 2025-12-28 | |||||||
| Interest coverage | not computable | 2.18x | |||||
| one or more required annual facts are missing | |||||||
| Current ratio | 4.12x | [15-16] | 1.32x | 9.3 | 506 | 2025-12-28 | |
| Growth and financing, sleeve percentile 87.9 | |||||||
| Revenue growth, three-year compound | (32.1%) | [2,8,10,12] | 5.1% | 97.8 | 403 | 2025-12-28 | |
| Free cash flow growth, three-year compound | not computable | 8.7% | |||||
| current FCF must be positive and base FCF must exceed $100,000 | |||||||
| Reinvestment rate | not computable | 11.9% | |||||
| NOPAT must exceed $100,000 | |||||||
| Asset growth, three years | (33.3%) | [1,6,21-22] | 4.1% | 98.4 | 438 | 2025-12-28 | |
| Net share issuance, one year | 1.5% | [23-24] | (0.4%) | 67.6 | 356 | 2026-03-11 | |
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.145; sampling error 2.6 percentile points on 336 peers.
Among 336 Peers [top]
Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.
| Rank | Company | Percentile | Letter | Warnings |
|---|---|---|---|---|
| 117 | Xometry, Inc. (XMTR) Xometry, Inc. (XMTR) Bsecond fifth; percentile 34.6 Nasdaq · Services-Business Services, NEC market equity $4.9B; last close $106.53 No active warnings; 8 of 14 inputs | 34.6 | B | |
| 118 | Astrana Health, Inc. (ASTH) Astrana Health, Inc. (ASTH) Bsecond fifth; percentile 34.9 Nasdaq · Services-Management Consulting Services market equity $2.0B; last close $35.85 Warnings: late filer; 8 of 14 inputs | 34.9 | B | late filer |
| 119 | Evolent Health, Inc. (EVH) Evolent Health, Inc. (EVH) Bsecond fifth; percentile 35.2 NYSE · Services-Management Services market equity $447.7M; last close $3.96 No active warnings; 7 of 14 inputs | 35.2 | B | |
| 120 | Netflix Inc. (NFLX) Netflix Inc. (NFLX) Bsecond fifth; percentile 35.5 Nasdaq · Services-Video Tape Rental market equity $298.0B; last close $71.59 No active warnings; 11 of 14 inputs | 35.5 | B | |
| 121 | United Rentals, Inc. (URI) United Rentals, Inc. (URI) Bsecond fifth; percentile 35.8 NYSE · Services-Equipment Rental & Leasing, NEC market equity $65.8B; last close $1,051.89 No active warnings; 9 of 14 inputs | 35.8 | B | |
| 122 | Bgsf, Inc. (BGSF) Bgsf, Inc. (BGSF) Bsecond fifth; percentile 36.1 NYSE · Services-Help Supply Services market equity $50.9M; last close $4.65 Warnings: late filer; 9 of 14 inputs | 36.1 | B | late filer |
| 123 | Sterling Infrastructure, Inc. (STRL) Sterling Infrastructure, Inc. (STRL) Bsecond fifth; percentile 36.4 Nasdaq · Heavy Construction Other Than Bldg Const - Contractors market equity $15.9B; last close $518.11 No active warnings; 9 of 14 inputs | 36.4 | B | |
| 124 | Energy Fuels Inc. (UUUU) Energy Fuels Inc. (UUUU) Bsecond fifth; percentile 36.7 NYSE · Mining & Quarrying of Nonmetallic Minerals (No Fuels) market equity $2.5B; last close $9.92 No active warnings; 8 of 14 inputs | 36.7 | B | |
| 125 | Red Rock Resorts, Inc. (RRR) Red Rock Resorts, Inc. (RRR) Bsecond fifth; percentile 37.0 Nasdaq · Hotels & Motels last close $50.40 No active warnings; 10 of 14 inputs | 37.0 | B | |
| 126 | Cemtrex Inc. (CETX) Cemtrex Inc. (CETX) Bsecond fifth; percentile 37.3 Nasdaq · Construction - Special Trade Contractors last close $2.02 No active warnings; 8 of 14 inputs | 37.3 | B | |
| 127 | Upbound Group, Inc. (UPBD) Upbound Group, Inc. (UPBD) B/Con the B/C boundary; percentile 37.6 Nasdaq · Services-Equipment Rental & Leasing, NEC market equity $914.7M; last close $15.69 No active warnings; 8 of 14 inputs | 37.6 | B/C |
| Peer policy | Letter | Percentile | Peers |
|---|---|---|---|
| all graded filers, equal sleeves | B | 36.5 | 2204 |
| sector peers, equal sleeves (the grade) | B | 36.1 | 336 |
| same exchange, equal sleeves | B/C | 39.0 | 984 |
| sector peers, equal inputs | B | 37.3 | 336 |
Each letter is one fifth of the 336 graded peers, about 67 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.
What the Price Implies [top]
Market measures at the 2026-10-07 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | 4.9% | 2.0% | 52 | hotter than 52 of 100 peers |
| Distance from 52-week high | (27.5%) | (26.8%) | 49 | closer to its high than 49 of 100 peers |
| EBIT to enterprise value | (16.0%) | 4.4% | 7 | pricier than 93 of 100 peers |
| Free cash flow yield | 0.01% | 4.1% | 23 | pricier than 77 of 100 peers |
| Book value to price | 0.90 | 0.34 | 84 | pricier than 16 of 100 peers |
| Sales to price | 1.83 | 0.70 | 78 | pricier than 22 of 100 peers |
| Composite equity issuance, five years | (43.9%) | (8.8%) | 5 | more equity-funded than 5 of 100 peers |
| Relative strength against the sector, log excess return | (0.10) | (0.13) | 52 | ahead of 52 of 100 peers |
Inputs: market equity $50.9M; EBIT -$8.9M; free cash flow $4,000; book equity $46.1M; sales $93.3M; debt $14.6M; cash $9.7M[25].
Diagnostics [top]
Diagnostics do not feed the grade.
| Piotroski F-score: 5 of 9, period end 2025-12-28 | ||
|---|---|---|
| Return on assets above zero | (7.6%) | ✗ fail[4,6] |
| Operating cash flow above zero | $142,000 | ✓ pass[5] |
| Return on assets improved | (5.7 pts) | ✗ fail[4,6,21,26] |
| Operating cash flow exceeds net income | $11.6M | ✓ pass[4-5] |
| Long-term leverage fell | (19.8 pts) | ✓ pass[1,6,21,27-28] |
| Current ratio improved | 237.0 pts | ✓ pass[15-16,29-30] |
| No new shares issued | 1.5% | ✗ fail[23-24] |
| Gross margin improved | (1.0 pts) | ✗ fail[2-3,7-8] |
| Asset turnover improved | 3.7 pts | ✓ pass[2,6,8,21] |
Downloads [top]
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Sources [top]
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $57.8M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:Revenues | $93.3M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 3 | gross profit | us-gaap:GrossProfit | $33.3M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 4 | net income | us-gaap:NetIncomeLoss | -$11.4M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 5 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $142,000 | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 6 | assets | us-gaap:Assets | $150.1M | 2024-12-29 | 2026-03-30 | 10-K | filing · viewer · series |
| 7 | gross profit | us-gaap:GrossProfit | $38.4M | 2024-12-29 | 2026-03-30 | 10-K | filing · viewer · series |
| 8 | revenue | us-gaap:Revenues | $104.4M | 2024-12-29 | 2026-03-30 | 10-K | filing · viewer · series |
| 9 | gross profit | us-gaap:GrossProfit | $49.8M | 2023-12-31 | 2026-03-30 | 10-K | filing · viewer · series |
| 10 | revenue | us-gaap:Revenues | $125.1M | 2023-12-31 | 2026-03-30 | 10-K | filing · viewer · series |
| 11 | gross profit | us-gaap:GrossProfit | $103.5M | 2023-01-01 | 2025-03-17 | 10-K | filing · viewer · series |
| 12 | revenue | us-gaap:Revenues | $298.4M | 2023-01-01 | 2025-03-17 | 10-K | filing · viewer · series |
| 13 | gross profit | us-gaap:GrossProfit | $80.9M | 2021-12-26 | 2024-03-15 | 10-K | filing · viewer · series |
| 14 | revenue | us-gaap:Revenues | $239.0M | 2021-12-26 | 2024-03-15 | 10-K | filing · viewer · series |
| 15 | current assets | us-gaap:AssetsCurrent | $38.5M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 16 | current liabilities | us-gaap:LiabilitiesCurrent | $9.3M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 17 | retained earnings | us-gaap:RetainedEarningsAccumulatedDeficit | -$21.9M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 18 | operating income | us-gaap:OperatingIncomeLoss | -$8.9M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 19 | book equity | us-gaap:StockholdersEquity | $48.1M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 20 | liabilities | us-gaap:Liabilities | $9.7M | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 21 | assets | us-gaap:Assets | $178.5M | 2023-12-31 | 2025-03-17 | 10-K | filing · viewer · series |
| 22 | assets | us-gaap:Assets | $194.7M | 2023-01-01 | 2024-03-15 | 10-K | filing · viewer · series |
| 23 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 11,243,967 | 2026-03-11 | 2026-03-30 | 10-K | filing · viewer · series |
| 24 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 11,077,007 | 2025-03-12 | 2025-03-17 | 10-K | filing · viewer · series |
| 25 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 10,673,981 | 2026-08-03 | 2026-08-05 | 10-Q | filing · viewer · series |
| 26 | net income | us-gaap:NetIncomeLoss | -$3.3M | 2024-12-29 | 2026-03-30 | 10-K | filing · viewer · series |
| 27 | long term debt | us-gaap:LongTermDebtNoncurrent | $0 | 2025-12-28 | 2026-03-30 | 10-K | filing · viewer · series |
| 28 | long term debt | us-gaap:LongTermDebtNoncurrent | $32.5M | 2024-12-29 | 2026-03-30 | 10-K | filing · viewer · series |
| 29 | current assets | us-gaap:AssetsCurrent | $45.3M | 2024-12-29 | 2026-03-30 | 10-K | filing · viewer · series |
| 30 | current liabilities | us-gaap:LiabilitiesCurrent | $25.9M | 2024-12-29 | 2026-03-30 | 10-K | filing · viewer · series |
| 31 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $9.7M | 2026-06-28 | 2026-08-05 | 10-Q | filing · viewer · series |
| 32 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$160,000 | 2026-06-28 | 2026-08-05 | 10-Q | filing · viewer · series |
| 33 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $4,000 | 2026-03-29 | 2026-05-14 | 10-Q/A | filing · viewer · series |
| 34 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | -$1.5M | 2025-09-28 | 2025-11-07 | 10-Q | filing · viewer · series |
| 35 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.2M | 2025-06-29 | 2026-08-05 | 10-Q | filing · viewer · series |
Limitations [top]
Grade boundary. Percentile 36.1 is 3.9 points from the nearest band edge; sampling error is 2.6 points.
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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