BERRY CORP (BRY)

US08579X1019 - Common Stock

4.55  -0.51 (-10.08%)

After market: 4.63 +0.08 (+1.76%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BRY. BRY was compared to 205 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and financial health of BRY have multiple concerns. BRY is cheap, but on the other hand it scores bad on growth.



2

1. Profitability

1.1 Basic Checks

BRY had positive earnings in the past year.
In the past year BRY had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: BRY reported negative net income in multiple years.
Each year in the past 5 years BRY had a positive operating cash flow.

1.2 Ratios

The Return On Assets of BRY (-2.05%) is worse than 83.33% of its industry peers.
BRY's Return On Equity of -4.67% is on the low side compared to the rest of the industry. BRY is outperformed by 80.39% of its industry peers.
BRY has a worse Return On Invested Capital (3.70%) than 69.61% of its industry peers.
Industry RankSector Rank
ROA -2.05%
ROE -4.67%
ROIC 3.7%
ROA(3y)5.54%
ROA(5y)0.14%
ROE(3y)11.32%
ROE(5y)0.32%
ROIC(3y)N/A
ROIC(5y)N/A

1.3 Margins

BRY's Profit Margin has declined in the last couple of years.
BRY has a Operating Margin of 9.74%. This is in the lower half of the industry: BRY underperforms 68.14% of its industry peers.
BRY's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 50.84%, BRY perfoms like the industry average, outperforming 54.41% of the companies in the same industry.
BRY's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 9.74%
PM (TTM) N/A
GM 50.84%
OM growth 3Y11.4%
OM growth 5Y-15.2%
PM growth 3YN/A
PM growth 5Y-13.17%
GM growth 3Y-7.51%
GM growth 5Y-5.5%

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BRY is destroying value.
Compared to 1 year ago, BRY has about the same amount of shares outstanding.
Compared to 5 years ago, BRY has less shares outstanding
BRY has a worse debt/assets ratio than last year.

2.2 Solvency

BRY has an Altman-Z score of 0.83. This is a bad value and indicates that BRY is not financially healthy and even has some risk of bankruptcy.
BRY has a worse Altman-Z score (0.83) than 62.75% of its industry peers.
The Debt to FCF ratio of BRY is 3.04, which is a good value as it means it would take BRY, 3.04 years of fcf income to pay off all of its debts.
BRY has a Debt to FCF ratio of 3.04. This is in the better half of the industry: BRY outperforms 70.59% of its industry peers.
A Debt/Equity ratio of 0.64 indicates that BRY is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.64, BRY is doing worse than 63.24% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF 3.04
Altman-Z 0.83
ROIC/WACC0.5
WACC7.38%

2.3 Liquidity

A Current Ratio of 0.62 indicates that BRY may have some problems paying its short term obligations.
With a Current ratio value of 0.62, BRY is not doing good in the industry: 82.35% of the companies in the same industry are doing better.
BRY has a Quick Ratio of 0.62. This is a bad value and indicates that BRY is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.52, BRY is doing worse than 83.33% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.62
Quick Ratio 0.52

3

3. Growth

3.1 Past

BRY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -55.30%.
Measured over the past years, BRY shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.28% on average per year.
The Revenue has decreased by -1.62% in the past year.
The Revenue has been growing by 9.02% on average over the past years. This is quite good.
EPS 1Y (TTM)-55.3%
EPS 3Y-4.27%
EPS 5Y-4.28%
EPS Q2Q%-6.67%
Revenue 1Y (TTM)-1.62%
Revenue growth 3Y19.93%
Revenue growth 5Y9.02%
Sales Q2Q%118.67%

3.2 Future

Based on estimates for the next years, BRY will show a small growth in Earnings Per Share. The EPS will grow by 3.29% on average per year.
Based on estimates for the next years, BRY will show a decrease in Revenue. The Revenue will decrease by -0.81% on average per year.
EPS Next Y31.3%
EPS Next 2Y15.73%
EPS Next 3Y3.29%
EPS Next 5YN/A
Revenue Next Year-11.29%
Revenue Next 2Y-5.44%
Revenue Next 3Y-0.81%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

8

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 7.71 indicates a rather cheap valuation of BRY.
BRY's Price/Earnings ratio is a bit cheaper when compared to the industry. BRY is cheaper than 73.53% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.17. BRY is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 6.79, which indicates a rather cheap valuation of BRY.
79.90% of the companies in the same industry are more expensive than BRY, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.71. BRY is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.71
Fwd PE 6.79

4.2 Price Multiples

84.80% of the companies in the same industry are more expensive than BRY, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BRY indicates a rather cheap valuation: BRY is cheaper than 96.08% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 2.45
EV/EBITDA 3.25

4.3 Compensation for Growth

BRY's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.25
PEG (5Y)N/A
EPS Next 2Y15.73%
EPS Next 3Y3.29%

3

5. Dividend

5.1 Amount

BRY has a Yearly Dividend Yield of 2.37%. Purely for dividend investing, there may be better candidates out there.
The stock price of BRY dropped by -24.04% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
BRY's Dividend Yield is comparable with the industry average which is at 6.44.
BRY's Dividend Yield is comparable with the S&P500 average which is at 2.21.
Industry RankSector Rank
Dividend Yield 2.37%

5.2 History

On average, the dividend of BRY grows each year by 35.10%, which is quite nice.
BRY has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)35.1%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

BRY has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of BRY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-191.48%
EPS Next 2Y15.73%
EPS Next 3Y3.29%

BERRY CORP

NASDAQ:BRY (11/8/2024, 8:00:01 PM)

After market: 4.63 +0.08 (+1.76%)

4.55

-0.51 (-10.08%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap350.08M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 2.37%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 7.71
Fwd PE 6.79
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.25
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -2.05%
ROE -4.67%
ROCE
ROIC
ROICexc
ROICexgc
OM 9.74%
PM (TTM) N/A
GM 50.84%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.49
Health
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.62
Quick Ratio 0.52
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-55.3%
EPS 3Y-4.27%
EPS 5Y
EPS Q2Q%
EPS Next Y31.3%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.62%
Revenue growth 3Y19.93%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y