| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
BGRY Stock Overview
Berkshire Grey, Inc., an intelligent enterprise robotics company, provides AI-enabled robotic solutions that automate supply chain operations in the United States and Japan.
Berkshire Grey Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.36 |
| 52 Week High | US$9.56 |
| 52 Week Low | US$1.40 |
| Beta | 0 |
| 1 Month Change | 45.68% |
| 3 Month Change | 8.26% |
| 1 Year Change | -74.51% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -78.51% |
Recent News & Updates
Shareholder Returns
| BGRY | US Machinery | US Market | |
|---|---|---|---|
| 7D | 8.3% | 1.4% | 1.4% |
| 1Y | -74.5% | -6.9% | -8.4% |
Return vs Industry: BGRY underperformed the US Machinery industry which returned -6.9% over the past year.
Return vs Market: BGRY underperformed the US Market which returned -8.4% over the past year.
Price Volatility
| BGRY volatility | |
|---|---|
| BGRY Average Weekly Movement | 20.7% |
| Machinery Industry Average Movement | 5.8% |
| Market Average Movement | 7.6% |
| 10% most volatile stocks in US Market | 17.1% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: BGRY is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 21% a week.
Volatility Over Time: BGRY's weekly volatility has increased from 15% to 21% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 370 | Tom Wagner | https://www.berkshiregrey.com |
Berkshire Grey, Inc., an intelligent enterprise robotics company, provides AI-enabled robotic solutions that automate supply chain operations in the United States and Japan. The company’s solutions automate filling ecommerce orders for consumers or businesses, filling orders to resupply retail stores and groceries, and handling packages shipped to fill those orders. It serves retail, ecommerce, grocery, package handling, and third-party logistics markets.
Berkshire Grey Fundamentals Summary
| BGRY fundamental statistics | |
|---|---|
| Market Cap | US$553.15m |
| Earnings (TTM) | -US$129.49m |
| Revenue (TTM) | US$71.32m |
7.8x
P/S Ratio-4.3x
P/E RatioIs BGRY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BGRY income statement (TTM) | |
|---|---|
| Revenue | US$71.32m |
| Cost of Revenue | US$82.27m |
| Gross Profit | -US$10.94m |
| Other Expenses | US$118.55m |
| Earnings | -US$129.49m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.55 |
| Gross Margin | -15.34% |
| Net Profit Margin | -181.56% |
| Debt/Equity Ratio | 0% |
How did BGRY perform over the long term?
See historical performance and comparisonValuation
Is BGRY undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BGRY?
Other financial metrics that can be useful for relative valuation.
| What is BGRY's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$553.15m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 6.4x |
| Enterprise Value/EBITDA | -3.1x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does BGRY's PS Ratio compare to its peers?
| BGRY PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.2x | ||
GRC Gorman-Rupp | 1.7x | 26.7% | US$714.7m |
FATH Fathom Digital Manufacturing | 1.4x | 9.2% | US$516.5m |
HY Hyster-Yale Materials Handling | 0.2x | 7.3% | US$559.7m |
MKFG Markforged Holding | 5.6x | 28.6% | US$542.8m |
BGRY Berkshire Grey | 7.8x | 47.6% | US$553.2m |
Price-To-Sales vs Peers: BGRY is expensive based on its Price-To-Sales Ratio (7.8x) compared to the peer average (2.2x).
Price to Earnings Ratio vs Industry
How does BGRY's PE Ratio compare vs other companies in the US Machinery Industry?
Price-To-Sales vs Industry: BGRY is expensive based on its Price-To-Sales Ratio (7.8x) compared to the US Machinery industry average (1.5x)
Price to Sales Ratio vs Fair Ratio
What is BGRY's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 7.8x |
| Fair PS Ratio | 2.3x |
Price-To-Sales vs Fair Ratio: BGRY is expensive based on its Price-To-Sales Ratio (7.8x) compared to the estimated Fair Price-To-Sales Ratio (2.3x).
Share Price vs Fair Value
What is the Fair Price of BGRY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate BGRY's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate BGRY's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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Future Growth
How is Berkshire Grey forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
32.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BGRY is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BGRY is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BGRY is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BGRY's revenue (47.6% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: BGRY's revenue (47.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BGRY is forecast to be unprofitable in 3 years.
Discover growth companies
Past Performance
How has Berkshire Grey performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-14.9%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: BGRY is currently unprofitable.
Growing Profit Margin: BGRY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if BGRY's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare BGRY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BGRY is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (9.4%).
Return on Equity
High ROE: BGRY has a negative Return on Equity (-123.58%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Berkshire Grey's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: BGRY's short term assets ($147.0M) exceed its short term liabilities ($46.3M).
Long Term Liabilities: BGRY's short term assets ($147.0M) exceed its long term liabilities ($15.3M).
Debt to Equity History and Analysis
Debt Level: BGRY is debt free.
Reducing Debt: BGRY has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BGRY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BGRY has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 53.7% each year.
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Dividend
What is Berkshire Grey current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BGRY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BGRY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BGRY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BGRY's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as BGRY has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Tom Wagner (55 yo)
1.08yrs
Tenure
US$556,451
Compensation
Dr. Thomas Wagner, also known as Tom, Ph D., has been the Chairman and Chief Executive Officer of Berkshire Grey, Inc. since July 21, 2021. He has been the Treasurer and Secretary of Berkshire Grey, Inc. H...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD556.45K) is below average for companies of similar size in the US market ($USD2.59M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: BGRY's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
Experienced Board: BGRY's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.3%.
Top Shareholders
Company Information
Berkshire Grey, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Berkshire Grey, Inc.
- Ticker: BGRY
- Exchange: NasdaqGS
- Founded: 2013
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$553.151m
- Shares outstanding: 234.39m
- Website: https://www.berkshiregrey.com
Number of Employees
Location
- Berkshire Grey, Inc.
- 140 South Road
- Bedford
- Massachusetts
- 1730
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/18 00:00 |
| End of Day Share Price | 2022/08/18 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.