Berry Global Financials

BERY Stock  USD 60.48  1.25  2.11%   
Based on the analysis of Berry Global's profitability, liquidity, and operating efficiency, Berry Global Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Berry Global's Other Current Liabilities is fairly stable compared to the past year. Cash is likely to rise to about 1.5 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 123.8 M in 2024. Key indicators impacting Berry Global's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.04540.0433
Sufficiently Up
Slightly volatile
Return On Assets0.01780.033
Way Down
Pretty Stable
Return On Equity0.0880.17
Way Down
Slightly volatile
Debt Equity Ratio2.642.52
Sufficiently Up
Slightly volatile
Operating Income736.6 M1.2 B
Way Down
Slightly volatile
Current Ratio2.061.93
Notably Up
Slightly volatile
The financial analysis of Berry Global is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Berry Global includes many different criteria found on its balance sheet. For example, investors should never minimize Berry Global's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Berry Global's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Berry Global.

Net Income

735.37 Million

With this module, you can analyze Berry financials for your investing period. You should be able to track the changes in Berry Global individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Berry Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Berry Global's financial statements are interrelated, with each one affecting the others. For example, an increase in Berry Global's assets may result in an increase in income on the income statement.
Evaluating Berry Global's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Berry Global's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Berry Global's relative financial performance

Chance Of Distress

Less than 6

 
100  
 
Zero
Low
Berry Global Group has less than 6 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Berry Global stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Berry Global's odds of distress score SHOULD NOT be confused with the real chance of Berry Global Group filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Berry is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Berry Global's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Berry Global's official financial statements usually reflect Berry Global's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Berry Global Group. For example, before you start analyzing numbers published by Berry accountants, it's critical to develop an understanding of what Berry Global's liquidity, profitability, and earnings quality are in the context of the Containers & Packaging space in which it operates.
Please note, the presentation of Berry Global's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Berry Global's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Berry Global's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Berry Global Group. Please utilize our Beneish M Score to check the likelihood of Berry Global's management manipulating its earnings.

Berry Global Company Summary

Berry Global competes with International Paper, Millennium Group, Eightco Holdings, Avery Dennison, and Graphic Packaging. Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana. Berry Global operates under Packaging Containers classification in the United States and is traded on New York Stock Exchange. It employs 47000 people.
Specialization
Consumer Cyclical, Packaging & Containers
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001378992
ISINUS08579W1036
CUSIP08579W103
RegionNorth America
LocationIndiana; U.S.A
Business Address101 Oakley Street,
SectorContainers & Packaging
IndustryMaterials
BenchmarkNYSE Composite
Websitewww.berryglobal.com
Phone812 424 2904
CurrencyUSD - US Dollar
You should never invest in Berry Global without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Berry Stock, because this is throwing your money away. Analyzing the key information contained in Berry Global's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Berry Global Key Financial Ratios

Generally speaking, Berry Global's financial ratios allow both analysts and investors to convert raw data from Berry Global's financial statements into concise, actionable information that can be used to evaluate the performance of Berry Global over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Berry Global Group reports annually and quarterly.

Berry Global Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets16.7B17.9B17.0B16.6B19.1B11.1B
Other Current Liab669M3.2B316M2.7B3.1B3.3B
Other Liab1.3B2.1B1.7B1.0B1.2B901.5M
Accounts Payable1.1B2.0B1.8B1.5B1.8B917.7M
Other Assets91M217M175M125M143.8M93.7M
Long Term Debt10.0B9.4B9.3B9.0B10.3B7.1B
Good Will5.2B5.2B4.8B5.0B5.7B3.4B
Inventory1.3B1.9B1.8B1.6B1.8B1.1B
Other Current Assets330M217M175M205M235.8M173.9M
Total Liab14.6B14.7B13.8B13.4B15.4B9.9B
Intangible Assets2.5B2.2B1.9B1.7B2.0B1.7B
Net Debt10.0B8.4B7.8B7.8B8.9B6.8B
Retained Earnings1.6B2.3B2.4B2.3B2.7B2.8B
Net Receivables1.5B1.9B1.8B1.6B1.8B1.1B
Total Current Assets3.8B5.1B5.2B4.5B5.2B3.0B
Short Term Debt75M21M13M10M9M8.6M
Net Tangible Assets(6.2B)(5.6B)(4.3B)(3.5B)(3.1B)(3.3B)
Long Term Debt Total11.3B10.2B9.4B9.2B10.6B7.6B
Capital Surpluse949M1.0B1.1B1.2B1.4B807.1M

Berry Global Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Berry Global's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense435M336M286M306M351.9M324.9M
Total Revenue11.7B13.9B14.5B12.7B14.6B8.7B
Gross Profit2.4B2.5B2.4B2.3B2.7B1.6B
Operating Income1.2B1.3B1.2B1.1B1.2B736.6M
Ebit1.2B1.3B1.2B1.2B1.3B761.4M
Research Development79M90M81M82M94.3M53.4M
Ebitda2.1B2.1B2.1B2.0B2.3B1.3B
Cost Of Revenue9.3B11.4B12.1B10.4B11.9B7.2B
Income Before Tax713M905M934M742M853.3M896.0M
Net Income559M733M766M609M700.4M735.4M
Income Tax Expense154M172M168M133M153.0M160.6M
Tax Provision154M172M168M133M153.0M111.3M
Net Interest Income(435M)(336M)(286M)(306M)(275.4M)(289.2M)

Berry Global Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Berry Global Group. It measures of how well Berry is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Berry Global brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Berry had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Berry Global has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory48M(639M)(3M)343M308.7M324.1M
Change In Cash(6M)341M319M(207M)(238.1M)(226.1M)
Free Cash Flow947M904M876M926M1.1B605M
Depreciation845M854M819M818M940.7M597.0M
Other Non Cash Items80M81M185M(3M)(2.7M)(2.6M)
Capital Expenditures583M676M687M689M792.4M406.5M
Net Income559M733M766M609M700.4M735.4M
Net Borrowings(1.3B)(801M)(22M)(373M)(429.0M)(407.5M)
Change To Netincome(10M)16M176M(78M)(70.2M)(66.7M)
Dividends Paid6.8B74M127M22M146.1M138.7M
Investments281M(511M)(483M)(776M)(892.4M)(937.0M)

Berry Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Berry Global's current stock value. Our valuation model uses many indicators to compare Berry Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Berry Global competition to find correlations between indicators driving Berry Global's intrinsic value. More Info.
Berry Global Group is rated third in price to earnings to growth category among related companies. It is rated second in target price category among related companies fabricating about  61.77  of Target Price per Price To Earnings To Growth. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Berry Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Berry Global's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Berry Global's earnings, one of the primary drivers of an investment's value.

Berry Global Group Systematic Risk

Berry Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Berry Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Berry Global Group correlated with the market. If Beta is less than 0 Berry Global generally moves in the opposite direction as compared to the market. If Berry Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Berry Global Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Berry Global is generally in the same direction as the market. If Beta > 1 Berry Global moves generally in the same direction as, but more than the movement of the benchmark.

About Berry Global Financials

What exactly are Berry Global Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Berry Global's income statement, its balance sheet, and the statement of cash flows. Potential Berry Global investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Berry Global investors may use each financial statement separately, they are all related. The changes in Berry Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Berry Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Berry Global Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Berry Global is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Berry has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Berry Global's financials are consistent with your investment objective using the following steps:
  • Review Berry Global's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Berry Global's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Berry Global's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Berry Global's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Berry Global Thematic Clasifications

Berry Global Group is part of Rubber and Plastic Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Rubber and Plastic ProductsView
This theme covers USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Berry Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Berry Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Berry Global growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.77)

At this time, Berry Global's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Berry Global March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Berry Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Berry Global Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Berry Global Group based on widely used predictive technical indicators. In general, we focus on analyzing Berry Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Berry Global's daily price indicators and compare them against related drivers.
When determining whether Berry Global Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berry Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Berry Global Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berry Global Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berry Global Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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Is Berry Global's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berry Global. If investors know Berry will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berry Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.41)
Dividend Share
1.025
Earnings Share
4.6
Revenue Per Share
105.501
Quarterly Revenue Growth
(0.07)
The market value of Berry Global Group is measured differently than its book value, which is the value of Berry that is recorded on the company's balance sheet. Investors also form their own opinion of Berry Global's value that differs from its market value or its book value, called intrinsic value, which is Berry Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berry Global's market value can be influenced by many factors that don't directly affect Berry Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berry Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berry Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berry Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.