BERRY CORP (BRY)
US08579X1019 - Common Stock
BRY gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 214 industry peers in the Oil, Gas & Consumable Fuels industry. BRY may be in some trouble as it scores bad on both profitability and health. BRY has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year BRY was profitable.
BRY had a positive operating cash flow in the past year.
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 (2.34%) is worse than 72.77% of its industry peers.
Looking at the Return On Equity, with a value of 4.93%, BRY is doing worse than 73.71% of the companies in the same industry.
BRY has a Return On Invested Capital of 6.37%. This is in the lower half of the industry: BRY underperforms 63.38% of its industry peers.
| Industry Rank | Sector 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
The Profit Margin of BRY (4.13%) is worse than 72.30% of its industry peers.
In the last couple of years the Profit Margin of BRY has declined.
Looking at the Operating Margin, with a value of 14.33%, BRY is doing worse than 63.38% of the companies in the same industry.
In the last couple of years the Operating Margin of BRY has declined.
The Gross Margin of BRY (48.46%) is comparable to the rest of the industry.
BRY's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector 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%
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.
The number of shares outstanding for BRY has been reduced compared to 5 years ago.
BRY has a worse debt/assets ratio than last year.
2.2 Solvency
BRY has an Altman-Z score of 1.29. This is a bad value and indicates that BRY is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.29, BRY perfoms like the industry average, outperforming 46.48% of the companies in the same industry.
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.
BRY has a better Debt to FCF ratio (3.41) than 64.32% of its industry peers.
A Debt/Equity ratio of 0.56 indicates that BRY is somewhat dependend on debt financing.
BRY has a Debt to Equity ratio of 0.56. This is comparable to the rest of the industry: BRY outperforms 44.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.56 | ||
| Debt/FCF | 3.41 | ||
| Altman-Z | 1.29 |
ROIC/WACC0.82
WACC7.75%
2.3 Liquidity
BRY has a Current 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.
The Current ratio of BRY (0.63) is worse than 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.
The Quick ratio of BRY (0.54) is worse than 84.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.54 |
3. Growth
3.1 Past
The earnings per share for BRY have decreased strongly by -81.13% in the last year.
BRY shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -4.28% yearly.
Looking at the last year, BRY shows a decrease in Revenue. The Revenue has decreased by -1.61% in the last year.
The Revenue has been growing by 9.02% on average over the past years. This is quite good.
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
BRY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.29% yearly.
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.
4. Valuation
4.1 Price/Earnings Ratio
BRY is valuated rather expensively with a Price/Earnings ratio of 17.34.
Based on the Price/Earnings ratio, BRY is valued a bit more expensive than the industry average as 68.08% of the companies are valued more cheaply.
BRY's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.20.
A Price/Forward Earnings ratio of 11.01 indicates a reasonable valuation of BRY.
Based on the Price/Forward Earnings ratio, BRY is valued a bit cheaper than 62.91% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.63, BRY is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.34 | ||
| Fwd PE | 11.01 |
4.2 Price Multiples
80.75% of the companies in the same industry are more expensive than BRY, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BRY is valued cheaply inside the industry as 86.39% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.27 | ||
| EV/EBITDA | 3.73 |
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)0.3
PEG (5Y)N/A
EPS Next 2Y29.33%
EPS Next 3Y29.29%
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 5.79, BRY pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, BRY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.79% |
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
209.34% of the earnings are spent on dividend by BRY. This is not a sustainable payout ratio.
BRY's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP209.34%
EPS Next 2Y29.33%
EPS Next 3Y29.29%
BERRY CORP
NASDAQ:BRY (4/25/2024, 7:00:01 PM)
After market: 8.6943 +0.02 (+0.28%)8.67
+0.04 (+0.46%)
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 Cap661.78M
Analysts
Price Target
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.34 | ||
| Fwd PE | 11.01 | ||
| 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)0.3
PEG (5Y)N/A
Profitability
| Industry Rank | Sector 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 Rank | Sector 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