BERRY CORP (BRY) Stock Fundamental Analysis
NASDAQ:BRY - Nasdaq - US08579X1019 - Common Stock - Currency: USD
Overall BRY gets a fundamental rating of 4 out of 10. We evaluated BRY against 209 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of BRY while its profitability can be described as average. BRY is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
BRY had positive earnings in the past year.
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
BRY has a Return On Assets of 5.51%. This is comparable to the rest of the industry: BRY outperforms 56.67% of its industry peers.
BRY has a Return On Equity (11.41%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 12.12%, BRY is in the better half of the industry, outperforming 77.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.51% | ||
| ROE | 11.41% | ||
| ROIC | 12.12% |
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 (9.40%) is comparable to the rest of the industry.
BRY's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 27.17%, BRY is doing good in the industry, outperforming 60.95% of the companies in the same industry.
BRY's Operating Margin has declined in the last couple of years.
BRY has a better Gross Margin (60.68%) than 66.19% of its industry peers.
In the last couple of years the Gross Margin of BRY has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.17% | ||
| PM (TTM) | 9.4% | ||
| GM | 60.68% |
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) just above the Cost of Capital (WACC), BRY is creating some value.
The number of shares outstanding for BRY remains at a similar level compared to 1 year ago.
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
Based on the Altman-Z score of 1.35, we must say that BRY is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.35, BRY perfoms like the industry average, outperforming 49.05% of the companies in the same industry.
BRY has a debt to FCF ratio of 2.92. This is a good value and a sign of high solvency as BRY would need 2.92 years to pay back of all of its debts.
BRY has a better Debt to FCF ratio (2.92) than 76.67% of its industry peers.
A Debt/Equity ratio of 0.54 indicates that BRY is somewhat dependend on debt financing.
BRY has a Debt to Equity ratio (0.54) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 2.92 | ||
| Altman-Z | 1.35 |
ROIC/WACC1.54
WACC7.87%
2.3 Liquidity
A Current Ratio of 0.80 indicates that BRY may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.80, BRY is doing worse than 70.48% of the companies in the same industry.
BRY has a Quick Ratio of 0.80. 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 worse Quick ratio (0.70) than 71.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
The earnings per share for BRY have decreased strongly by -55.30% in the last year.
The Earnings Per Share has been decreasing by -4.28% on average over the past years.
BRY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.42%.
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)-55.3%
EPS 3Y-4.27%
EPS 5Y-4.28%
EPS Q2Q%-6.67%
Revenue 1Y (TTM)11.42%
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 decrease in Earnings Per Share. The EPS will decrease by -6.24% on average per year.
Based on estimates for the next years, BRY will show a decrease in Revenue. The Revenue will decrease by -3.38% on average per year.
EPS Next Y16.65%
EPS Next 2Y5.88%
EPS Next 3Y-6.24%
EPS Next 5YN/A
Revenue Next Year-5.95%
Revenue Next 2Y-4.8%
Revenue Next 3Y-3.38%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 6.03, the valuation of BRY can be described as very cheap.
BRY's Price/Earnings ratio is rather cheap when compared to the industry. BRY is cheaper than 83.33% of the companies in the same industry.
BRY is valuated cheaply when we compare the Price/Earnings ratio to 29.35, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 6.35 indicates a rather cheap valuation of BRY.
80.00% of the companies in the same industry are more expensive than BRY, based on the Price/Forward Earnings ratio.
BRY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.03 | ||
| Fwd PE | 6.35 |
4.2 Price Multiples
BRY's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BRY is cheaper than 98.10% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BRY is valued cheaper than 98.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.88 | ||
| EV/EBITDA | 1.68 |
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.
A cheap valuation may be justified as BRY's earnings are expected to decrease with -6.24% in the coming years.
PEG (NY)0.36
PEG (5Y)N/A
EPS Next 2Y5.88%
EPS Next 3Y-6.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.48%, BRY has a reasonable but not impressive dividend return.
BRY's Dividend Yield is comparable with the industry average which is at 7.12.
Compared to an average S&P500 Dividend Yield of 2.33, BRY pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
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
74.93% of the earnings are spent on dividend by BRY. This is not a sustainable payout ratio.
The Dividend Rate of BRY has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP74.93%
EPS Next 2Y5.88%
EPS Next 3Y-6.24%
3.56
+0.11 (+3.19%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners87.72%
Inst Owner Change-2.33%
Ins Owners2.56%
Ins Owner Change0.83%
Market Cap273.91M
Analysts74
Price Target6.8 (91.01%)
Short Float %1.66%
Short Ratio1.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.48% |
Yearly Dividend1.03
Dividend Growth(5Y)35.1%
DP74.93%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8.9%
Min EPS beat(2)-11.77%
Max EPS beat(2)-6.02%
EPS beat(4)0
Avg EPS beat(4)-20.88%
Min EPS beat(4)-45.37%
Max EPS beat(4)-6.02%
EPS beat(8)2
Avg EPS beat(8)94.34%
EPS beat(12)4
Avg EPS beat(12)62.89%
EPS beat(16)6
Avg EPS beat(16)58.1%
Revenue beat(2)2
Avg Revenue beat(2)26.33%
Min Revenue beat(2)10.55%
Max Revenue beat(2)42.11%
Revenue beat(4)3
Avg Revenue beat(4)22.42%
Min Revenue beat(4)-26.05%
Max Revenue beat(4)63.05%
Revenue beat(8)6
Avg Revenue beat(8)16.43%
Revenue beat(12)9
Avg Revenue beat(12)17.31%
Revenue beat(16)10
Avg Revenue beat(16)7.52%
PT rev (1m)0%
PT rev (3m)1.94%
EPS NQ rev (1m)-4.26%
EPS NQ rev (3m)-2.17%
EPS NY rev (1m)-0.86%
EPS NY rev (3m)-2.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.85%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.03 | ||
| Fwd PE | 6.35 | ||
| P/S | 0.31 | ||
| P/FCF | 1.88 | ||
| P/OCF | 1.1 | ||
| P/B | 0.37 | ||
| P/tB | 0.37 | ||
| EV/EBITDA | 1.68 |
EPS(TTM)0.59
EY16.57%
EPS(NY)0.56
Fwd EY15.75%
FCF(TTM)1.89
FCFY53.21%
OCF(TTM)3.22
OCFY90.51%
SpS11.55
BVpS9.52
TBVpS9.52
PEG (NY)0.36
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.51% | ||
| ROE | 11.41% | ||
| ROCE | 17.95% | ||
| ROIC | 12.12% | ||
| ROICexc | 12.2% | ||
| ROICexgc | 12.2% | ||
| OM | 27.17% | ||
| PM (TTM) | 9.4% | ||
| GM | 60.68% | ||
| FCFM | 16.39% |
ROA(3y)5.54%
ROA(5y)0.14%
ROE(3y)11.32%
ROE(5y)0.32%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y26.66%
ROICexcg growth 5Y-6.06%
ROICexc growth 3Y26.66%
ROICexc growth 5Y-6.06%
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%
F-Score9
Asset Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 2.92 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 60.32% | ||
| Cap/Sales | 11.49% | ||
| Interest Coverage | 6.99 | ||
| Cash Conversion | 60.33% | ||
| Profit Quality | 174.43% | ||
| Current Ratio | 0.8 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 1.35 |
F-Score9
WACC7.87%
ROIC/WACC1.54
Cap/Depr(3y)78.51%
Cap/Depr(5y)104.01%
Cap/Sales(3y)16.42%
Cap/Sales(5y)21.54%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-55.3%
EPS 3Y-4.27%
EPS 5Y-4.28%
EPS Q2Q%-6.67%
EPS Next Y16.65%
EPS Next 2Y5.88%
EPS Next 3Y-6.24%
EPS Next 5YN/A
Revenue 1Y (TTM)11.42%
Revenue growth 3Y19.93%
Revenue growth 5Y9.02%
Sales Q2Q%118.67%
Revenue Next Year-5.95%
Revenue Next 2Y-4.8%
Revenue Next 3Y-3.38%
Revenue Next 5YN/A
EBIT growth 1Y6139.3%
EBIT growth 3Y33.6%
EBIT growth 5Y-7.55%
EBIT Next Year256.11%
EBIT Next 3Y48.95%
EBIT Next 5YN/A
FCF growth 1Y-17.33%
FCF growth 3Y3.26%
FCF growth 5YN/A
OCF growth 1Y-16.16%
OCF growth 3Y0.36%
OCF growth 5Y14.02%