NYSE:BRBR

Stock Analysis Report

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Executive Summary

BellRing Brands, Inc. manufactures and sells nutrition products in the United States and internationally. More Details


Snowflake Analysis

Solid track record with limited growth.

Share Price & News

How has BellRing Brands's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BRBR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BRBR's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-4.1%

BRBR

-1.6%

US Personal Products

-3.4%

US Market


1 Year Return

10.9%

BRBR

44.2%

US Personal Products

29.4%

US Market

Return vs Industry: BRBR underperformed the US Personal Products industry which returned 48.2% over the past year.

Return vs Market: BRBR underperformed the US Market which returned 36.6% over the past year.


Shareholder returns

BRBRIndustryMarket
7 Day-4.1%-1.6%-3.4%
30 Day-6.0%14.9%0.6%
90 Day7.5%17.5%6.3%
1 Year10.9%10.9%45.1%44.2%32.2%29.4%
3 Yearn/a62.8%56.4%51.3%41.7%
5 Yearn/a109.4%93.1%119.6%95.2%

Long-Term Price Volatility Vs. Market

How volatile is BellRing Brands's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BellRing Brands undervalued compared to its fair value and its price relative to the market?

7.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRBR ($23.1) is trading below our estimate of fair value ($24.37)

Significantly Below Fair Value: BRBR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BRBR is poor value based on its PE Ratio (36x) compared to the US Personal Products industry average (20.9x).

PE vs Market: BRBR is poor value based on its PE Ratio (36x) compared to the US market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: BRBR is poor value based on its PEG Ratio (3.6x)


Price to Book Ratio

PB vs Industry: BRBR has negative assets, so we can't compare its PB Ratio to the US Personal Products industry average.


Next Steps

Future Growth

How is BellRing Brands forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

9.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRBR's forecast earnings growth (9.9% per year) is above the savings rate (2%).

Earnings vs Market: BRBR's earnings (9.9% per year) are forecast to grow slower than the US market (19.8% per year).

High Growth Earnings: BRBR's earnings are forecast to grow, but not significantly.

Revenue vs Market: BRBR's revenue (8.5% per year) is forecast to grow slower than the US market (10.3% per year).

High Growth Revenue: BRBR's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BRBR's Return on Equity is forecast to be very high in 3 years time (227.9%).


Next Steps

Past Performance

How has BellRing Brands performed over the past 5 years?

27.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRBR has high quality earnings.

Growing Profit Margin: BRBR's current net profit margins (2.5%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: BRBR's earnings have grown significantly by 27.8% per year over the past 5 years.

Accelerating Growth: BRBR's earnings growth over the past year (241.9%) exceeds its 5-year average (27.8% per year).

Earnings vs Industry: BRBR earnings growth over the past year (241.9%) exceeded the Personal Products industry 10.4%.


Return on Equity

High ROE: BRBR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is BellRing Brands's financial position?


Financial Position Analysis

Short Term Liabilities: BRBR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BRBR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BRBR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BRBR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: BRBR's debt is well covered by operating cash flow (21.4%).

Interest Coverage: BRBR's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


Next Steps

Dividend

What is BellRing Brands's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BRBR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BRBR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

1.5yrs

Average management tenure


CEO

Darcy Davenport (47 yo)

1.5yrs

Tenure

US$2,975,439

Compensation

Ms. Darcy Horn Davenport has been the President and Chief Executive Officer of BellRing Brands, Inc. since September 2019 and has been its Director since October 21, 2019. Ms. Davenport served the Presiden...


CEO Compensation Analysis

Compensation vs Market: Darcy's total compensation ($USD2.98M) is below average for companies of similar size in the US market ($USD4.96M).

Compensation vs Earnings: Darcy's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Vitale
Executive Chairman1.5yrsno datano data
Darcy Davenport
CEO, President & Director1.5yrsUS$2.98m0.023%
$ 715.5k
Paul Rode
CFO, Treasurer & Principal Accounting Officer1.5yrsUS$1.21m0.019%
$ 605.0k
Douglas Cornille
Senior Vice President of Marketing - Premier Nutritionno dataUS$994.54k0.014%
$ 450.6k
Jennifer Meyer
Head of Investor Relationsno datano datano data
Craig Rosenthal
Senior VP1.58yrsno data0.011%
$ 362.9k
Robin Singh
Senior Vice President of Operations - Premier Nutrition2yrsno data0.0059%
$ 185.7k
R. Partin
Senior Vice President of Sales - Premier Nutrition2.17yrsno data0.0086%
$ 270.9k
Marc Mollere
Senior VP & GM of of International0.17yrno datano data

1.5yrs

Average Tenure

49yo

Average Age

Experienced Management: BRBR's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Vitale
Executive Chairman1.5yrsno datano data
Darcy Davenport
CEO, President & Director1.5yrsUS$2.98m0.023%
$ 715.5k
Elliot Stein
Independent Lead Directorno dataUS$171.86k0.0051%
$ 160.1k
Jennifer Kuperman Johnson
Independent Director1.42yrsUS$170.77k0%
$ 0
Thomas Erickson
Independent Director1.42yrsUS$183.64k0%
$ 0

1.4yrs

Average Tenure

54yo

Average Age

Experienced Board: BRBR's board of directors are not considered experienced ( 1.4 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

BellRing Brands, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BellRing Brands, Inc.
  • Ticker: BRBR
  • Exchange: NYSE
  • Founded: 2019
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: US$3.164b
  • Market Cap: US$888.958m
  • Shares outstanding: 136.98m
  • Website: https://www.bellring.com

Number of Employees


Location

  • BellRing Brands, Inc.
  • 2503 South Hanley Road
  • Saint Louis
  • Missouri
  • 63144-2503
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BRBRNYSE (New York Stock Exchange)YesClass A Common StockUSUSDOct 2019
BR6BST (Boerse-Stuttgart)YesClass A Common StockDEEUROct 2019

Biography

BellRing Brands, Inc. manufactures and sells nutrition products in the United States and internationally. It offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, and nutrition bars and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 00:27
End of Day Share Price2021/03/03 00:00
Earnings2020/12/31
Annual Earnings2020/09/30


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.