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BERY

Berry Global GroupNYSE:BERY Stock Report

Market Cap

US$9.1b

7D

5.3%

1Y

32.7%

Updated

23 Oct, 2021

Data

Company Financials +
BERY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health3/6
Dividends0/6

BERY Overview

Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets.

Berry Global Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Berry Global Group
Historical stock prices
Current Share PriceUS$66.91
52 Week HighUS$45.68
52 Week LowUS$70.90
Beta1.34
1 Month Change6.21%
3 Month Change4.94%
1 Year Change32.65%
3 Year Change60.49%
5 Year Change53.29%
Change since IPO340.20%

Recent News & Updates

Oct 19
At US$63.60, Is Berry Global Group, Inc. (NYSE:BERY) Worth Looking At Closely?

At US$63.60, Is Berry Global Group, Inc. (NYSE:BERY) Worth Looking At Closely?

Berry Global Group, Inc. ( NYSE:BERY ), is not the largest company out there, but it saw significant share price...

Sep 18
Berry Global Group (NYSE:BERY) Hasn't Managed To Accelerate Its Returns

Berry Global Group (NYSE:BERY) Hasn't Managed To Accelerate Its Returns

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...

Sep 03
Does Berry Global Group (NYSE:BERY) Have A Healthy Balance Sheet?

Does Berry Global Group (NYSE:BERY) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Jul 21
Is Berry Global Group, Inc. (NYSE:BERY) Potentially Undervalued?

Is Berry Global Group, Inc. (NYSE:BERY) Potentially Undervalued?

Berry Global Group, Inc. ( NYSE:BERY ), might not be a large cap stock, but it received a lot of attention from a...

Shareholder Returns

BERYUS PackagingUS Market
7D5.3%1.5%1.7%
1Y32.7%18.4%30.3%

Return vs Industry: BERY exceeded the US Packaging industry which returned 18.4% over the past year.

Return vs Market: BERY exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is BERY's price volatile compared to industry and market?
BERY volatility
BERY Beta1.34
Industry Beta0.96
Market Beta1

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

Volatility Over Time: BERY's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196747,000Tom Salmonhttps://www.berryglobal.com

Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. Its Consumer Packaging International segment offers closures, dispensing systems, and applicators; inhalers and dose counters; polythene films; packaging solutions for consumer and industrial applications in personal care, beverage, and food markets; injection molded and thermoformed containers, and lids; and molds and molded components, as well as recycles rigid and flexible end of life materials from industrial and consumer sources. Its Consumer Packaging North America segment provides containers and pails for branded and private label customers; lightweight polypropylene cups and lids for hot and cold beverages; child-resistant, continuous-thread, and tamper closures, as well as aerosol overcaps; bottles and prescription vials; and extruded and laminate tubes.

Berry Global Group Fundamentals Summary

How do Berry Global Group's earnings and revenue compare to its market cap?
BERY fundamental statistics
Market CapUS$9.05b
Earnings (TTM)US$700.00m
Revenue (TTM)US$13.19b

12.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BERY income statement (TTM)
RevenueUS$13.19b
Cost of RevenueUS$10.62b
Gross ProfitUS$2.57b
ExpensesUS$1.87b
EarningsUS$700.00m

Last Reported Earnings

Jul 03, 2021

Next Earnings Date

Nov 18, 2021

Earnings per share (EPS)5.17
Gross Margin19.52%
Net Profit Margin5.31%
Debt/Equity Ratio345.4%

How did BERY perform over the long term?

See historical performance and comparison

Valuation

Is Berry Global Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BERY ($66.91) is trading below our estimate of fair value ($161.82)

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


Price To Earnings Ratio

PE vs Industry: BERY is good value based on its PE Ratio (12.9x) compared to the US Packaging industry average (18.9x).

PE vs Market: BERY is good value based on its PE Ratio (12.9x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: BERY is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: BERY is good value based on its PB Ratio (3.1x) compared to the US Packaging industry average (3.4x).


Future Growth

How is Berry Global Group forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

12.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BERY's forecast earnings growth (12.6% per year) is above the savings rate (2%).

Earnings vs Market: BERY's earnings (12.6% per year) are forecast to grow slower than the US market (14.9% per year).

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

Revenue vs Market: BERY's revenue (3.2% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: BERY's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BERY's Return on Equity is forecast to be high in 3 years time (22.4%)


Past Performance

How has Berry Global Group performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BERY has high quality earnings.

Growing Profit Margin: BERY's current net profit margins (5.3%) are higher than last year (5%).


Past Earnings Growth Analysis

Earnings Trend: BERY's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: BERY's earnings growth over the past year (18.5%) exceeds its 5-year average (18% per year).

Earnings vs Industry: BERY earnings growth over the past year (18.5%) underperformed the Packaging industry 41%.


Return on Equity

High ROE: Whilst BERY's Return on Equity (23.7%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Berry Global Group's financial position?


Financial Position Analysis

Short Term Liabilities: BERY's short term assets ($4.6B) exceed its short term liabilities ($2.9B).

Long Term Liabilities: BERY's short term assets ($4.6B) do not cover its long term liabilities ($11.7B).


Debt to Equity History and Analysis

Debt Level: BERY's debt to equity ratio (345.4%) is considered high.

Reducing Debt: BERY's debt to equity ratio has reduced from 3526.5% to 345.4% over the past 5 years.

Debt Coverage: BERY's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: BERY's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Dividend

What is Berry Global Group current dividend yield, its reliability and sustainability?

0.27%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BERY'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 BERY'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?

5.7yrs

Average management tenure


CEO

Tom Salmon (58 yo)

4.67yrs

Tenure

US$10,078,611

Compensation

Mr. Thomas E. Salmon, also known as Tom, serves as Director of Old National Bancorp since January 2018 and has served as its Independent Director since April 27, 2018. He has been Chief Executive Officer a...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD10.08M) is above average for companies of similar size in the US market ($USD6.35M).

Compensation vs Earnings: Tom's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BERY's management team is seasoned and experienced (5.7 years average tenure).


Board Members

Experienced Board: BERY's board of directors are considered experienced (6.1 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 been diluted in the past year, with total shares outstanding growing by 2%.


Top Shareholders

Company Information

Berry Global Group, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Berry Global Group, Inc.
  • Ticker: BERY
  • Exchange: NYSE
  • Founded: 1967
  • Industry: Metal and Glass Containers
  • Sector: Materials
  • Market Cap: US$9.053b
  • Shares outstanding: 135.30m
  • Website: https://www.berryglobal.com

Number of Employees


Location

  • Berry Global Group, Inc.
  • 101 Oakley Street
  • Evansville
  • Indiana
  • 47710
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/23 22:09
End of Day Share Price2021/10/22 00:00
Earnings2021/07/03
Annual Earnings2020/09/26


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.