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BYND

Beyond Meat NasdaqGS:BYND Stock Report

Last Price

US$31.24

Market Cap

US$2.0b

7D

-12.8%

1Y

-70.2%

Updated

15 May, 2022

Data

Company Financials +
BYND fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health2/6
Dividends0/6

BYND Stock Overview

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally.

Beyond Meat Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Beyond Meat
Historical stock prices
Current Share PriceUS$31.24
52 Week HighUS$160.28
52 Week LowUS$20.50
Beta1.69
1 Month Change-27.37%
3 Month Change-46.26%
1 Year Change-70.24%
3 Year Change-65.04%
5 Year Changen/a
Change since IPO-52.49%

Recent News & Updates

May 14
Beyond Meat's (NASDAQ:BYND) Lack of Growth Equals More Short-Term Pain

Beyond Meat's (NASDAQ:BYND) Lack of Growth Equals More Short-Term Pain

Three years after its IPO debut, Beyond Meat, Inc.'s (NASDAQ: BYND) shares are now trading well below the starting price, with year-to-date loss extending beyond 50%. With looming cash flow burn concerns and geopolitical issues threatening the supply chain, short interest has ballooned over 40%.

May 09

Beyond Meat: Assessing The Likelihood As A Takeover Target

Beyond Meat has spearheaded the development of the plant-based meat market and has advanced to become a recognized brand. Weak fundamentals and a low-quality credit profile make the shares unattractive. A takeover scenario is not out of the question but we believe that any potential suitors have little urgency to act. We rate Beyond Meat as a sell.

Apr 15

Beyond Meat: Best Plant-Based Vegan Stock With 10x Upside

Beyond Meat is the leading plant-based vegan company by market cap, with a bunch of new products in the current pipeline. The plant-based food industry is projected to grow nearly 5x to $161 billion by 2030. Beyond Meat continues to innovate but be prepared for short-term headwinds.

Shareholder Returns

BYNDUS FoodUS Market
7D-12.8%0.7%-2.5%
1Y-70.2%4.6%-10.4%

Return vs Industry: BYND underperformed the US Food industry which returned 4.6% over the past year.

Return vs Market: BYND underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is BYND's price volatile compared to industry and market?
BYND volatility
BYND Average Weekly Movement14.6%
Food Industry Average Movement6.8%
Market Average Movement7.8%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: BYND is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: BYND's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20091,108Ethan Brownhttps://www.beyondmeat.com

Beyond Meat, Inc. manufactures, markets, and sells plant-based meat products in the United States and internationally. The company sells a range of plant-based meat products across the platforms of beef, pork, and poultry. It sells its products through grocery, mass merchandiser, club store, convenience store and natural retailer channels, and direct-to-consumer, as well as various food-away-from-home channels, including restaurants, foodservice outlets, and schools.

Beyond Meat Fundamentals Summary

How do Beyond Meat's earnings and revenue compare to its market cap?
BYND fundamental statistics
Market CapUS$1.99b
Earnings (TTM)-US$255.30m
Revenue (TTM)US$465.99m

4.3x

P/S Ratio

-7.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BYND income statement (TTM)
RevenueUS$465.99m
Cost of RevenueUS$381.23m
Gross ProfitUS$84.76m
Other ExpensesUS$340.06m
Earnings-US$255.30m

Last Reported Earnings

Apr 02, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-4.02
Gross Margin18.19%
Net Profit Margin-54.79%
Debt/Equity Ratio2,759.0%

How did BYND perform over the long term?

See historical performance and comparison

Valuation

Is Beyond Meat undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


48.44x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BYND's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BYND's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: BYND is unprofitable, so we can't compare its PE Ratio to the US Food industry average.

PE vs Market: BYND is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BYND's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BYND is overvalued based on its PB Ratio (48.4x) compared to the US Food industry average (2x).


Future Growth

How is Beyond Meat forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BYND is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BYND is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BYND is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BYND's revenue (21.4% per year) is forecast to grow faster than the US market (8% per year).

High Growth Revenue: BYND's revenue (21.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BYND's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Beyond Meat performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-64.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BYND is currently unprofitable.

Growing Profit Margin: BYND is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BYND is unprofitable, and losses have increased over the past 5 years at a rate of 64.8% per year.

Accelerating Growth: Unable to compare BYND's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BYND is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (11%).


Return on Equity

High ROE: BYND has a negative Return on Equity (-622.96%), as it is currently unprofitable.


Financial Health

How is Beyond Meat's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: BYND's short term assets ($917.3M) exceed its short term liabilities ($101.0M).

Long Term Liabilities: BYND's short term assets ($917.3M) do not cover its long term liabilities ($1.2B).


Debt to Equity History and Analysis

Debt Level: BYND's net debt to equity ratio (1422.1%) is considered high.

Reducing Debt: BYND's debt to equity ratio has increased from 10.1% to 2759% over the 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: BYND has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: BYND has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 53.8% each year.


Dividend

What is Beyond Meat current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate BYND's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BYND'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 BYND's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BYND'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 BYND has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Ethan Brown (49 yo)

13.33yrs

Tenure

US$6,572,625

Compensation

Mr. Ethan Brown is the Founder of Beyond Meat, Inc. and serves as its Chief Executive Officer, President and Director since 2009. He also serves as a manager of the Planet Partnership, LLC, and served as S...


CEO Compensation Analysis

Compensation vs Market: Ethan's total compensation ($USD6.57M) is about average for companies of similar size in the US market ($USD5.45M).

Compensation vs Earnings: Ethan's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: BYND's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: BYND's board of directors are considered experienced (6.3 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Beyond Meat, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Beyond Meat, Inc.
  • Ticker: BYND
  • Exchange: NasdaqGS
  • Founded: 2009
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: US$1.985b
  • Shares outstanding: 63.54m
  • Website: https://www.beyondmeat.com

Number of Employees


Location

  • Beyond Meat, Inc.
  • 119 Standard Street
  • El Segundo
  • California
  • 90245
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 00:00
Earnings2022/04/02
Annual Earnings2021/12/31


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.