NYSE:BERY

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Executive Summary

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


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

How has Berry Global Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BERY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: BERY's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-2.2%

BERY

1.1%

US Packaging

2.8%

US Market


1 Year Return

16.1%

BERY

18.6%

US Packaging

19.7%

US Market

Return vs Industry: BERY underperformed the US Packaging industry which returned 18.6% over the past year.

Return vs Market: BERY underperformed the US Market which returned 19.7% over the past year.


Shareholder returns

BERYIndustryMarket
7 Day-2.2%1.1%2.8%
30 Day14.4%10.0%8.0%
90 Day2.8%22.9%6.8%
1 Year16.1%16.1%21.4%18.6%22.4%19.7%
3 Year-9.8%-9.8%31.9%22.6%47.3%37.5%
5 Year48.7%48.7%85.4%62.8%93.6%72.3%

Long-Term Price Volatility Vs. Market

How volatile is Berry Global Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

47.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BERY ($53.94) is trading below our estimate of fair value ($102.98)

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 (12.8x) compared to the US Packaging industry average (23.5x).

PE vs Market: BERY is good value based on its PE Ratio (12.8x) compared to the US market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: BERY is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: BERY is overvalued based on its PB Ratio (3.4x) compared to the US Packaging industry average (3.2x).


Next Steps

Future Growth

How is Berry Global Group forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

13.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BERY's forecast earnings growth (13.7% per year) is above the savings rate (2.2%).

Earnings vs Market: BERY's earnings (13.7% per year) are forecast to grow slower than the US market (22% per year).

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

Revenue vs Market: BERY's revenue (2.3% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: BERY's revenue (2.3% 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 low in 3 years time (19.8%).


Next Steps

Past Performance

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

22.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BERY has high quality earnings.

Growing Profit Margin: BERY's current net profit margins (4.8%) are higher than last year (4.5%).


Past Earnings Growth Analysis

Earnings Trend: BERY's earnings have grown significantly by 22.9% per year over the past 5 years.

Accelerating Growth: BERY's earnings growth over the past year (38.7%) exceeds its 5-year average (22.9% per year).

Earnings vs Industry: BERY earnings growth over the past year (38.7%) exceeded the Packaging industry -8.9%.


Return on Equity

High ROE: Whilst BERY's Return on Equity (26.72%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Berry Global Group's financial position?


Financial Position Analysis

Short Term Liabilities: BERY's short term assets ($3.8B) exceed its short term liabilities ($2.2B).

Long Term Liabilities: BERY's short term assets ($3.8B) do not cover its long term liabilities ($12.4B).


Debt to Equity History and Analysis

Debt Level: BERY's debt to equity ratio (509.4%) is considered high.

Reducing Debt: BERY had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: BERY's debt is not well covered by operating cash flow (14.4%).

Interest Coverage: BERY's interest payments on its debt are not well covered by EBIT (2.8x coverage).


Balance Sheet


Next Steps

Dividend

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


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?

4.8yrs

Average management tenure


CEO

Tom Salmon (57 yo)

3.75yrs

Tenure

US$5,590,944

Compensation

Mr. Thomas E. Salmon, also known as Tom, serves as Director of Old National Bancorp since April 27, 2018. He has been Chief Executive Officer at Berry Global Group, Inc. (formerly known as Berry Plastics G...


CEO Compensation Analysis

Compensation vs Market: Tom's total compensation ($USD5.59M) is about average for companies of similar size in the US market ($USD6.86M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Salmon
CEO & Chairman of the Board3.75yrsUS$5.59m0.034%
$ 2.5m
Mark Miles
CFO & Treasurer6.83yrsUS$1.99m0.034%
$ 2.4m
Jason Greene
Executive VP4.75yrsUS$1.41m0.00019%
$ 13.7k
Curtis Begle
President of Health6yrsUS$1.79m0.021%
$ 1.5m
Jean-Marc Galvez
President of Consumer Packaging - International Division3.83yrsUS$1.59m0%
$ 0
Rodgers Greenawalt
Executive Vice President of Operations7.83yrsno datano data
Debbie Garrison
Executive VP & Chief Information Officer4.83yrsno datano data
Dustin Stilwell
Head of Investor Relationsno datano datano data
Brett Bauer
Executive Vice President of Strategic Corporate Developmentno datano datano data
Edward Stratton
Executive Vice President of Human Resources9.83yrsno datano data
William Norman
President of Consumer Packaging – North America Division1.33yrsUS$1.60mno data
Scott Farmer
Executive Vice President of Global Purchasingno datano datano data

4.8yrs

Average Tenure

50yo

Average Age

Experienced Management: BERY's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Salmon
CEO & Chairman of the Board3.75yrsUS$5.59m0.034%
$ 2.5m
Stephen Sterrett
Lead Independent Director2.5yrsUS$284.76k0%
$ 0
Paula Sneed
Independent Director2.67yrsUS$234.76k0.0015%
$ 111.6k
Carl Rickertsen
Independent Director7.83yrsUS$249.76k0%
$ 0
Jonathan Foster
Independent Director6.58yrsUS$234.76k0%
$ 0
B. Bayh
Independent Director9.08yrsUS$234.76k0.018%
$ 1.3m
Robert Steele
Independent Director6.08yrsUS$234.76k0%
$ 0
Ronald Rolfe
Independent Director7.08yrsUS$249.76k0.00078%
$ 56.2k
Idalene Kesner
Independent Director6.58yrsUS$234.76k0.021%
$ 1.5m
Scott Ullem
Independent Director4.33yrsUS$234.76k0%
$ 0
Jill Rahman
Director0.083yrno datano data

6.1yrs

Average Tenure

62yo

Average Age

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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Berry Global Group, Inc.'s company bio, 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$7.201b
  • Shares outstanding: 133.50m
  • Website: https://www.berryglobal.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BERYNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 2012
BP0DB (Deutsche Boerse AG)YesCommon StockDEEUROct 2012
0HN1LSE (London Stock Exchange)YesCommon StockGBUSDOct 2012

Biography

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 s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 23:27
End of Day Share Price2020/11/25 00:00
Earnings2020/09/26
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.