BERRY CORP (BRY)

US08579X1019 - Common Stock

8.41  +0.12 (+1.45%)

After market: 8.41 0 (0%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BRY. BRY was compared to 214 industry peers in the Oil, Gas & Consumable Fuels industry. BRY has a bad profitability rating. Also its financial health evaluation is rather negative. BRY has a valuation in line with the averages, but it does not seem to be growing.



2

1. Profitability

1.1 Basic Checks

In the past year BRY was profitable.
BRY had a positive operating cash flow in the past year.
In multiple years BRY reported negative net income over the last 5 years.
In the past 5 years BRY always reported a positive cash flow from operatings.

1.2 Ratios

BRY has a worse Return On Assets (2.34%) than 73.24% of its industry peers.
The Return On Equity of BRY (4.93%) is worse than 74.18% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.37%, BRY is doing worse than 63.85% of the companies in the same industry.
Industry RankSector Rank
ROA 2.34%
ROE 4.93%
ROIC 6.37%
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 of 4.13% is on the low side compared to the rest of the industry. BRY is outperformed by 72.30% of its industry peers.
BRY's Profit Margin has declined in the last couple of years.
BRY has a worse Operating Margin (14.33%) than 63.38% of its industry peers.
In the last couple of years the Operating Margin of BRY has declined.
BRY has a Gross Margin of 48.46%. This is comparable to the rest of the industry: BRY outperforms 48.36% of its industry peers.
In the last couple of years the Gross Margin of BRY has declined.
Industry RankSector Rank
OM 14.33%
PM (TTM) 4.13%
GM 48.46%
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%

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 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 1.28. This is a bad value and indicates that BRY is not financially healthy and even has some risk of bankruptcy.
BRY's Altman-Z score of 1.28 is in line compared to the rest of the industry. BRY outperforms 46.01% of its industry peers.
The Debt to FCF ratio of BRY is 3.41, which is a good value as it means it would take BRY, 3.41 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.41, BRY is doing good in the industry, outperforming 64.32% of the companies in the same industry.
BRY has a Debt/Equity ratio of 0.56. This is a neutral value indicating BRY is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.56, BRY perfoms like the industry average, outperforming 43.66% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.56
Debt/FCF 3.41
Altman-Z 1.28
ROIC/WACC0.83
WACC7.72%

2.3 Liquidity

A Current Ratio of 0.63 indicates that BRY may have some problems paying its short term obligations.
BRY's Current ratio of 0.63 is on the low side compared to the rest of the industry. BRY is outperformed by 84.04% of its industry peers.
BRY has a Quick Ratio of 0.63. This is a bad value and indicates that BRY is not financially healthy enough and could expect problems in meeting its short term obligations.
BRY has a Quick ratio of 0.54. This is amonst the worse of the industry: BRY underperforms 84.04% of its industry peers.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.54

3

3. Growth

3.1 Past

BRY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -81.13%.
The Earnings Per Share has been decreasing by -4.28% on average over the past years.
BRY shows a decrease in Revenue. In the last year, the revenue decreased by -1.61%.
BRY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.02% yearly.
EPS 1Y (TTM)-81.13%
EPS 3Y-4.27%
EPS 5Y-4.28%
EPS growth Q2Q-86.32%
Revenue 1Y (TTM)-1.61%
Revenue growth 3Y19.93%
Revenue growth 5Y9.02%
Revenue growth Q2Q54.25%

3.2 Future

Based on estimates for the next years, BRY will show a very strong growth in Earnings Per Share. The EPS will grow by 29.29% on average per year.
Based on estimates for the next years, BRY will show a very negative growth in Revenue. The Revenue will decrease by -11.63% on average per year.
EPS Next Y57.56%
EPS Next 2Y29.33%
EPS Next 3Y29.29%
EPS Next 5YN/A
Revenue Next Year-16.5%
Revenue Next 2Y-11.63%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

6

4. Valuation

4.1 Price/Earnings Ratio

BRY is valuated correctly with a Price/Earnings ratio of 16.82.
Compared to the rest of the industry, the Price/Earnings ratio of BRY indicates a slightly more expensive valuation: BRY is more expensive than 67.14% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.76, BRY is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 10.68, the valuation of BRY can be described as reasonable.
BRY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BRY is cheaper than 63.38% of the companies in the same industry.
BRY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.26, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 16.82
Fwd PE 10.68

4.2 Price Multiples

81.22% of the companies in the same industry are more expensive than BRY, based on the Enterprise Value to EBITDA ratio.
86.39% of the companies in the same industry are more expensive than BRY, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 5.11
EV/EBITDA 3.67

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.
BRY's earnings are expected to grow with 29.29% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y29.33%
EPS Next 3Y29.29%

5

5. Dividend

5.1 Amount

BRY has a Yearly Dividend Yield of 5.79%, which is a nice return.
Compared to an average industry Dividend Yield of 5.75, BRY pays a bit more dividend than its industry peers.
BRY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
Industry RankSector Rank
Dividend Yield 5.79%

5.2 History

The dividend of BRY is nicely growing with an annual growth rate of 35.10%!
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 pays out 209.34% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BRY is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP209.34%
EPS Next 2Y29.33%
EPS Next 3Y29.29%

BERRY CORP

NASDAQ:BRY (4/19/2024, 7:00:02 PM)

After market: 8.41 0 (0%)

8.41

+0.12 (+1.45%)

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 Cap641.94M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 5.79%
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 16.82
Fwd PE 10.68
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)0.29
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 2.34%
ROE 4.93%
ROCE
ROIC
ROICexc
ROICexgc
OM 14.33%
PM (TTM) 4.13%
GM 48.46%
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 Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 0.56
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.63
Quick Ratio 0.54
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)
Growth
EPS 1Y (TTM)-81.13%
EPS 3Y-4.27%
EPS 5Y
EPS growth Q2Q
EPS Next Y57.56%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.61%
Revenue growth 3Y19.93%
Revenue growth 5Y
Revenue growth 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