Berry Global Group
Market Cap
US$7.0b
Last Updated
2021/01/22 23:40 UTC
Data Sources
Company Financials +
Executive Summary
Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. More Details
Rewards
Risk Analysis
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
-1.5%
BERY
0.2%
US Packaging
2.3%
US Market
1 Year Return
13.3%
BERY
20.6%
US Packaging
23.7%
US Market
Return vs Industry: BERY underperformed the US Packaging industry which returned 19.6% over the past year.
Return vs Market: BERY underperformed the US Market which returned 22.6% over the past year.
Shareholder returns
| BERY | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | 0.2% | 2.3% |
| 30 Day | -4.9% | 1.4% | 4.7% |
| 90 Day | 3.4% | 9.2% | 14.5% |
| 1 Year | 13.3%13.3% | 23.2%20.6% | 26.5%23.7% |
| 3 Year | -12.3%-12.3% | 24.5%15.4% | 45.0%35.4% |
| 5 Year | 67.7%67.7% | 116.5%91.6% | 126.2%100.9% |
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
1 week ago | Simply Wall St
Is Berry Global Group (NYSE:BERY) Using Too Much Debt?3 weeks ago | Simply Wall St
Have Insiders Been Selling Berry Global Group, Inc. (NYSE:BERY) Shares This Year?1 month ago | Simply Wall St
Why Berry Global Group, Inc. (NYSE:BERY) Could Be Worth WatchingValuation
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 ($52.17) is trading below our estimate of fair value ($115.33)
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 (12.4x) compared to the US Packaging industry average (23.9x).
PE vs Market: BERY is good value based on its PE Ratio (12.4x) compared to the US market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: BERY is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: BERY's PB Ratio (3.3x) is in line with the US Packaging industry average.
Next Steps
Future Growth
How is Berry Global Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
12.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BERY's forecast earnings growth (12.9% per year) is above the savings rate (2%).
Earnings vs Market: BERY's earnings (12.9% per year) are forecast to grow slower than the US market (21.6% 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 (10.6% 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 high in 3 years time (20.4%)
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
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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.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Tom Salmon (57 yo)
3.92yrs
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 ($USD6.22M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 3.92yrs | US$5.59m | 0.034% $ 2.4m | |
| CFO & Treasurer | 7yrs | US$1.99m | 0.034% $ 2.3m | |
| Executive VP | 4.92yrs | US$1.41m | 0.00019% $ 13.2k | |
| President of Health | 6.17yrs | US$1.79m | 0.021% $ 1.5m | |
| President of Consumer Packaging - International Division | 4yrs | US$1.59m | 0% $ 0 | |
| Executive Vice President of Operations | 8yrs | no data | no data | |
| Executive VP & Chief Information Officer | 5yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Executive Vice President of Strategic Corporate Development | no data | no data | no data | |
| Executive Vice President of Human Resources | 10yrs | no data | no data | |
| President of Consumer Packaging – North America Division | 1.5yrs | US$1.60m | no data | |
| Executive Vice President of Global Purchasing | no data | no data | no data |
5.0yrs
Average Tenure
50yo
Average Age
Experienced Management: BERY's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 3.92yrs | US$5.59m | 0.034% $ 2.4m | |
| Lead Independent Director | 2.67yrs | US$284.76k | 0% $ 0 | |
| Independent Director | 2.83yrs | US$234.76k | 0.0015% $ 107.3k | |
| Independent Director | 8yrs | US$249.76k | 0% $ 0 | |
| Independent Director | 6.75yrs | US$234.76k | 0% $ 0 | |
| Independent Director | 9.25yrs | US$234.76k | 0.018% $ 1.3m | |
| Independent Director | 6.25yrs | US$234.76k | 0% $ 0 | |
| Independent Director | 7.25yrs | US$249.76k | 0.00078% $ 54.3k | |
| Independent Director | 6.75yrs | US$234.76k | 0.021% $ 1.5m | |
| Independent Director | 4.5yrs | US$234.76k | 0% $ 0 | |
| Director | 0.25yr | no data | no data |
6.3yrs
Average Tenure
62yo
Average Age
Experienced Board: BERY'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
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$6.965b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BERY | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 2012 |
| BP0 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 2012 |
| 0HN1 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Oct 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 23:40 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/26 |
| Annual Earnings | 2020/09/26 |
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.