Berry Global Stock Fair Value Calculation – BERRY GLOBAL Reports Q4 Earnings with USD 3087.0 Million Revenue, Down 9.8% Year-on-Year
December 9, 2023
🌥️Earnings Overview
On November 16 2023, BERRY GLOBAL ($NYSE:BERY) reported their FY2023 Q4 earnings results which revealed that total revenue was USD 3087.0 million, a 9.8% decrease from the same period of the previous year. Additionally, net income was USD 186.0 million, representing a 20.2% decrease over the same period of the preceding year.
Analysis – Berry Global Stock Fair Value Calculation
GoodWhale has conducted an in-depth analysis of BERRY GLOBAL‘s wellbeing. Our proprietary Valuation Line shows that the intrinsic value of BERRY GLOBAL shares is around $91.6. This indicates that the current market price of $63.6 is undervalued by a significant 30.5%. This could present an attractive opportunity for investors as the stock could offer good returns over time if the fundamentals of the business improve. Furthermore, GoodWhale’s analysis of BERRY GLOBAL’s fundamentals show that the company is on the right path and its long-term prospects look positive. Therefore, investors should seriously consider investing in this stock. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Berry Global. More…
| Total Revenues | Net Income | Net Margin |
| 12.66k | 609 | 5.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Berry Global. More…
| Operations | Investing | Financing |
| 1.61k | -776 | -1.07k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Berry Global. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 16.59k | 13.37k | 28.68 |
Key Ratios Snapshot
Some of the financial key ratios for Berry Global are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.6% | -2.1% | 8.3% |
| FCF Margin | ROE | ROA |
| 7.3% | 19.3% | 3.9% |
Peers
Berry Global Group Inc is one of the world’s largest plastic packaging providers and competes with leading international companies such as Huhtamäki Oyj, Southern Packaging Group Ltd, and Xiamen Jihong Technology Co Ltd. These companies produce a range of plastic packaging solutions for various markets around the world, offering a variety of products, services, and technologies.
– Huhtamäki Oyj ($LTS:0K9W)
Huhtamäki Oyj is a Finnish manufacturer of packaging solutions and services. It is a global leader in packaging, with operations in 35 countries and sales in more than 70 countries. With a market cap of 3.51B in 2022, the company is well-positioned to capitalize on the increasing demand for sustainable and innovative packaging solutions. Furthermore, Huhtamäki Oyj has an impressive Return on Equity of 14.22%, illustrating the company’s strong financial performance and returns for shareholders.
– Southern Packaging Group Ltd ($SGX:BQP)
Southern Packaging Group Ltd is a leading packaging solutions provider based in the United Kingdom. The company specializes in providing innovative and cost-effective packaging solutions to a wide range of industries, including food, beverage, pharmaceutical and medical device manufacturing. As of 2022, Southern Packaging Group Ltd has a market cap of 29.89M and a Return on Equity of 1.31%. The company’s market cap reflects its strong position in the industry and its ability to provide high quality, competitively priced products and services. Its return on equity indicates the company’s success in generating profits from its investments.
– Xiamen Jihong Technology Co Ltd ($SZSE:002803)
Xiamen Jihong Technology Co Ltd is a leading Chinese technology company that specializes in the development and sale of smart home, communications, and network products. With a market cap of 5.72B as of 2022, the company has exhibited strong financial performance and has become one of the largest firms in the technology sector. Xiamen Jihong Technology Co Ltd also boasts an impressive Return on Equity of 6.53%, indicating that the company is successfully generating profits for its investors. The company’s success is driven by its commitment to developing innovative products and services that solve customers’ needs.
Summary
BERRY GLOBAL recently reported their FY2023 Q4 earnings results with a total revenue of USD 3087.0 million, a decline of 9.8% compared to the same period of the prior year. Net income was USD 186.0 million, a decrease of 20.2% compared to the same period in the prior year. Despite the declines in revenue and net income, the stock price moved up after the announcement.
For investors looking to invest in BERRY GLOBAL, this may be seen as a sign of confidence in the company’s financial performance and future prospects. With further analysis of the company’s financials and market trends, investors can make an informed decision on whether BERRY GLOBAL is a worthwhile investment.
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