BERKELEY LIGHTS INC (BLI) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:BLI • US0843101017

1.2 USD
-0.07 (-5.88%)
At close: Mar 21, 2023
1.21 USD
+0.01 (+0.83%)
After Hours: 3/21/2023, 8:00:01 PM
Fundamental Rating

2

Overall BLI gets a fundamental rating of 2 out of 10. We evaluated BLI against 57 industry peers in the Life Sciences Tools & Services industry. BLI has a bad profitability rating. Also its financial health evaluation is rather negative. BLI is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • BLI had negative earnings in the past year.
  • In the past year BLI has reported a negative cash flow from operations.
BLI Yearly Net Income VS EBIT VS OCF VS FCFBLI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 -20M -40M -60M -80M

1.2 Ratios

  • BLI has negative profitability rations, so we won't be analyzing them here.
Industry RankSector Rank
ROA N/A
ROE N/A
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
BLI Yearly ROA, ROE, ROICBLI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 -20 -40 -60

1.3 Margins

  • The Gross Margin of BLI (68.43%) is better than 89.06% of its industry peers.
  • In the last couple of years the Gross Margin of BLI has declined.
  • The Profit Margin and Operating Margin are not available for BLI so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 68.43%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.73%
GM growth 5YN/A
BLI Yearly Profit, Operating, Gross MarginsBLI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 0 50 -50 -100

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3

2. Health

2.1 Basic Checks

  • BLI does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • BLI has more shares outstanding than it did 1 year ago.
  • Compared to 1 year ago, BLI has a worse debt to assets ratio.
BLI Yearly Shares OutstandingBLI Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 20M 40M 60M
BLI Yearly Total Debt VS Total AssetsBLI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 50M 100M 150M 200M 250M

2.2 Solvency

  • Based on the Altman-Z score of -2.23, we must say that BLI is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of -2.23, BLI is doing worse than 81.25% of the companies in the same industry.
  • BLI has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
  • BLI's Debt to Equity ratio of 0.10 is in line compared to the rest of the industry. BLI outperforms 56.25% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.1
Debt/FCF N/A
Altman-Z -2.23
ROIC/WACCN/A
WACC8.97%
BLI Yearly LT Debt VS Equity VS FCFBLI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 0 100M 200M

2.3 Liquidity

  • BLI has a Current Ratio of 3.89. This indicates that BLI is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 3.89, BLI is in line with its industry, outperforming 51.56% of the companies in the same industry.
  • BLI has a Quick Ratio of 3.48. This indicates that BLI is financially healthy and has no problem in meeting its short term obligations.
  • BLI has a Quick ratio of 3.48. This is comparable to the rest of the industry: BLI outperforms 51.56% of its industry peers.
Industry RankSector Rank
Current Ratio 3.89
Quick Ratio 3.48
BLI Yearly Current Assets VS Current LiabilitesBLI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 50M 100M 150M 200M 250M

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4

3. Growth

3.1 Past

  • BLI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -33.64%.
  • The Revenue has decreased by -7.96% in the past year.
  • Measured over the past years, BLI shows a quite strong growth in Revenue. The Revenue has been growing by 11.51% on average per year.
EPS 1Y (TTM)-33.64%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-57.69%
Revenue 1Y (TTM)-7.96%
Revenue growth 3Y11.51%
Revenue growth 5YN/A
Sales Q2Q%-23.05%

3.2 Future

  • Based on estimates for the next years, BLI will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.00% on average per year.
  • The Revenue is expected to grow by 17.80% on average over the next years. This is quite good.
EPS Next Y24.43%
EPS Next 2Y15.53%
EPS Next 3Y19%
EPS Next 5YN/A
Revenue Next Year11.33%
Revenue Next 2Y15.66%
Revenue Next 3Y17.8%
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
BLI Yearly Revenue VS EstimatesBLI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M
BLI Yearly EPS VS EstimatesBLI Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 -0.5 -1

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0

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for BLI. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for BLI. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
BLI Price Earnings VS Forward Price EarningsBLI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
BLI Per share dataBLI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 3

4.3 Compensation for Growth

  • BLI's earnings are expected to grow with 19.00% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.53%
EPS Next 3Y19%

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0

5. Dividend

5.1 Amount

  • BLI does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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BERKELEY LIGHTS INC / BLI FAQ

What is the fundamental rating for BLI stock?

ChartMill assigns a fundamental rating of 3 / 10 to BLI.


What is the valuation status for BLI stock?

ChartMill assigns a valuation rating of 3 / 10 to BERKELEY LIGHTS INC (BLI). This can be considered as Overvalued.


What is the profitability of BLI stock?

BERKELEY LIGHTS INC (BLI) has a profitability rating of 1 / 10.


What is the financial health of BERKELEY LIGHTS INC (BLI) stock?

The financial health rating of BERKELEY LIGHTS INC (BLI) is 4 / 10.