Bellring Brands Intrinsic Value Calculation – BELLRING BRANDS Reports Record-Breaking Earnings for FY2023 Q3
August 14, 2023
🌥️Earnings Overview
On August 7 2023, BELLRING BRANDS ($NYSE:BRBR) announced their earnings results for the third quarter of FY2023, which ended on June 30th. This quarter saw a 20.3% increase in total revenue for the company, amounting to USD 445.9 million. Net income also experienced a 13.3% year-over-year increase and came in at USD 44.3 million.
Share Price
On Monday, BELLRING BRANDS made headlines by reporting record-breaking earnings for Fiscal Year 2023 Q3. The company’s stock opened at $35.9 and closed at $36.5, which is a 2.0% increase from its previous closing price of $35.8.
Additionally, BELLRING BRANDS’ impressive cost management and efficient operations have contributed to its success. The company managed to reduce its operating costs by 13% despite increased investment in research and development. This has resulted in higher margins and returns on investment for the company. BELLRING BRANDS’ impressive financial performance has been praised by analysts, with many expecting further growth in the coming quarters. With a strong balance sheet, investor confidence and an expanding market presence, BELLRING BRANDS is well positioned to continue on its path of growth and success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Bellring Brands. More…
| Total Revenues | Net Income | Net Margin |
| 1.57k | 153.1 | 9.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Bellring Brands. More…
| Operations | Investing | Financing |
| 140.3 | -1.6 | -147.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Bellring Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 722.4 | 1.09k | -2.75 |
Key Ratios Snapshot
Some of the financial key ratios for Bellring Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 19.6% | 21.4% | 17.2% |
| FCF Margin | ROE | ROA |
| 8.8% | -46.4% | 23.4% |
Analysis – Bellring Brands Intrinsic Value Calculation
GoodWhale has conducted a thorough analysis of BELLRING BRANDS‘s fundamentals to calculate its fair value. Our proprietary Valuation Line places the fair value of BELLRING BRANDS at around $30.8. However, the stock is currently trading at $36.5, which represents an 18.6% premium on our estimated fair price. We recommend investors to consider this overvaluation before investing in BELLRING BRANDS stock. More…
Peers
The Company’s segments include U.S. Retail, International, and Foodservice. Its products include breakfast cereals, cookies, crackers, chips, pretzels, nuts, trail mix, granola bars, frozen waffles, frozen pancakes, frozen biscuits and gravy, syrups, and frozen bagel bites. The Company’s brands include Kellogg’s, Keebler, Pop-Tarts, Eggo, Cheez-It, Nutri-Grain, Rice Krispies, Murray, Austin, MorningStar Farms, Famous Amos, Carr’s, Plantation, Ready Crust, and Kashi. BellRing Brands Inc is headquartered in Battle Creek, Michigan. Sovos Brands Inc is a holding company that operates in the packaged foods industry. The Company’s segments include U.S. Retail, International, and Foodservice. Its products include breakfast cereals, cookies, crackers, chips, pretzels, nuts, trail mix, granola bars, frozen waffles, frozen pancakes, frozen biscuits and gravy, syrups, and frozen bagel bites. The Company’s brands include Kellogg’s, Keebler, Pop-Tarts, Eggo, Cheez-It, Nutri-Grain, Rice Krispies, Murray, Austin, MorningStar Farms, Famous Amos, Carr’s, Plantation, Ready Crust, and Kashi. Sovos Brands Inc is headquartered in Battle Creek, Michigan. Baristas Coffee Co Inc is a holding company that operates in the packaged foods industry. The Company’s segments include U.S. Retail, International, and Foodservice. Its products include breakfast cereals, cookies, crackers, chips, pretzels, nuts, trail mix, granola bars, frozen waffles, frozen pancakes, frozen biscuits and gravy, syrups, and frozen bagel bites. The Company’s brands include Kellogg’s, Keebler, Pop-Tarts, Eggo, Cheez-It, Nutri-Grain, Rice Krispies, Murray, Austin, MorningStar Farms, Famous Amos, Carr’s, Plantation, Ready Crust, and Kashi. Baristas Coffee Co Inc is headquartered in Battle Creek, Michigan. Sanderson Farms Inc is a holding company that operates in the packaged foods industry. The Company’s segments include U.S. Retail, International, and Foodservice. Its products include breakfast cereals, cookies, crackers, chips, pretzels, nuts, trail mix, granola bars, frozen waffles, frozen pancakes, frozen biscuits and gravy, syrups, and frozen bagel bites. The Company’s brands include Kellogg’s, Keebler, Pop-Tarts, Eggo, Cheez-It, Nutri-Grain, Rice Krispies, Murray, Austin, MorningStar Farms, Famous Amos, Carr’s, Plantation, Ready Crust, and Kashi. Sanderson Farms Inc is headquartered in Battle Creek, Michigan.
– Sovos Brands Inc ($NASDAQ:SOVO)
Savage Brands Inc is a publicly traded company with a market capitalization of 1.42 billion as of 2022. The company has a return on equity of -1.43%. Savage Brands Inc is a provider of branded apparel, footwear, and accessories. The company’s products are sold through its own e-commerce platform and through third-party retailers.
– Baristas Coffee Co Inc ($OTCPK:BCCI)
Baristas Coffee Company Inc is a specialty coffee and drive-thru coffee chain. The company was founded in 1998 and is headquartered in Seattle, Washington. As of 2022, the company has a market cap of 996.3k and a return on equity of 9.75%. The company operates a chain of drive-thru coffee stands and coffeehouses under the Baristas brand name. The company also operates a roastery and coffee production facility. The company offers a variety of coffee-based beverages, including cappuccinos, lattes, iced coffees, and iced teas.
Summary
BELLRING BRANDS released their earnings report for the 3rd quarter of the fiscal year 2023, which ended on June 30 2023. The company showed strong financial performance with a total revenue of USD 445.9 million and net income of USD 44.3 million, representing a year-over-year increase of 20.3% and 13.3% respectively. This indicates that the company’s investments are seeing positive returns, and may be a good option for investors to consider. Furthermore, BELLRING BRANDS has a strong market presence and a favorable outlook for continued growth in the future, making it an attractive opportunity for investors.
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