Berry Corporation

NasdaqGS:BRY Stock Report

Market Cap: US$194.0m

Berry Valuation

Is BRY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BRY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$4.85
Fair Value
48.4% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: BRY ($2.5) is trading below our estimate of fair value ($4.85)

Significantly Below Fair Value: BRY is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BRY?

Key metric: As BRY is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BRY. This is calculated by dividing BRY's market cap by their current revenue.
What is BRY's PS Ratio?
PS Ratio0.3x
SalesUS$753.74m
Market CapUS$193.99m

Price to Sales Ratio vs Peers

How does BRY's PS Ratio compare to its peers?

The above table shows the PS ratio for BRY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.6x
WTI W&T Offshore
0.4xn/aUS$221.5m
GTE Gran Tierra Energy
0.3x10.72%US$168.7m
EPM Evolution Petroleum
1.8x1.53%US$150.2m
EP Empire Petroleum
3.9xn/aUS$149.7m
BRY Berry
0.3x-7.52%US$194.0m

Price-To-Sales vs Peers: BRY is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1.6x).

Price to Sales Ratio vs Industry

How does BRY's PS Ratio compare vs other companies in the US Oil and Gas Industry?

44 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.6x3.6%
BRY Berry
 0.3x-7.52%US$193.99m
MPC Marathon Petroleum
0.4x-2.46%US$48.73b
PSX Phillips 66
0.3x-3.44%US$45.95b
BRY 0.3xIndustry Avg. 1.6xNo. of Companies44PS01.63.24.86.48+
44 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.6x12.5%
BRY Berry
 0.3x60.20%US$193.99m
No more companies

Price-To-Sales vs Industry: BRY is good value based on its Price-To-Sales Ratio (0.3x) compared to the US Oil and Gas industry average (1.6x).

Price to Sales Ratio vs Fair Ratio

What is BRY'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.

BRY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: BRY is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BRY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.50
US$4.62
+84.80%
26.31%US$6.50US$3.10n/a5
May ’26US$2.57
US$4.80
+86.77%
38.75%US$7.50US$2.50n/a5
Apr ’26US$3.19
US$5.90
+84.95%
26.48%US$8.00US$4.00n/a5
Mar ’26US$4.07
US$6.40
+57.25%
27.24%US$9.00US$5.00n/a5
Feb ’26US$4.36
US$6.40
+46.79%
27.24%US$9.00US$5.00n/a5
Jan ’26US$4.13
US$6.34
+53.51%
28.31%US$9.00US$4.70n/a5
Dec ’25US$4.08
US$6.54
+60.29%
25.80%US$9.00US$4.70n/a5
Nov ’25US$5.09
US$7.48
+46.95%
23.47%US$10.00US$5.40n/a5
Oct ’25US$5.18
US$7.48
+44.40%
23.47%US$10.00US$5.40n/a5
Sep ’25US$6.19
US$7.88
+27.30%
22.34%US$10.00US$6.00n/a5
Aug ’25US$6.48
US$8.30
+28.09%
23.36%US$11.00US$6.00n/a5
Jul ’25US$6.45
US$9.00
+39.53%
14.05%US$11.00US$8.00n/a5
Jun ’25US$6.97
US$9.00
+29.12%
14.05%US$11.00US$8.00n/a5
May ’25US$8.03
US$9.20
+14.57%
12.68%US$11.00US$8.00US$2.575
Apr ’25US$8.09
US$9.00
+11.25%
19.88%US$12.00US$7.00US$3.195
Mar ’25US$7.20
US$8.80
+22.22%
22.03%US$12.00US$7.00US$4.075
Feb ’25US$6.61
US$8.80
+33.13%
22.03%US$12.00US$7.00US$4.365
Jan ’25US$7.03
US$9.20
+30.87%
23.21%US$13.00US$7.00US$4.135
Dec ’24US$7.15
US$10.00
+39.86%
28.98%US$14.00US$7.00US$4.085
Nov ’24US$7.63
US$10.30
+34.99%
26.34%US$14.00US$7.00US$5.095
Oct ’24US$8.20
US$10.60
+29.27%
22.80%US$14.00US$8.00US$5.185
Sep ’24US$8.79
US$10.60
+20.59%
22.80%US$14.00US$8.00US$6.195
Aug ’24US$7.77
US$9.40
+20.98%
19.73%US$12.00US$7.00US$6.485
Jul ’24US$6.88
US$9.60
+39.53%
18.16%US$12.00US$7.00US$6.455
Jun ’24US$6.37
US$9.80
+53.85%
17.56%US$12.00US$7.00US$6.975
May ’24US$7.59
US$11.20
+47.56%
20.67%US$14.00US$7.00US$8.035
AnalystConsensusTarget
Consensus Narrative from 5 Analysts
US$4.62
Fair Value
45.9% undervalued intrinsic discount
5
Number of Analysts

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/29 21:53
End of Day Share Price 2025/05/29 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Berry Corporation is covered by 26 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rudolf HokansonBarrington Research Associates, Inc.
Phillip JungwirthBMO Capital Markets Equity Research
Randy OllenbergerBMO Capital Markets Equity Research