Company Valuation: Berry Corp.

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Market Cap 1 763.8 294.1 673.7 614.1 531.9 317.8
Change - -61.49% 129.03% -8.84% -13.38% -40.26%
Enterprise Value (EV) 1 1,158 607.1 1,053 970.5 963.2 737.6
Change - -47.58% 73.45% -7.83% -0.76% -23.42%
P/E 17.8x -1.12x -43.5x 2.64x 14.6x 16.5x
PBR 0.77x 0.41x 0.97x 0.76x 0.7x 0.43x
PEG - 0x 0.5x -0x -0.2x -0.3x
Capitalization / Revenue 1.28x 0.72x 0.96x 0.58x 0.62x 0.41x
EV / Revenue 1.94x 1.5x 1.5x 0.92x 1.12x 0.94x
EV / EBITDA 5.74x 3.06x 6.37x 2.42x 3.65x 2.53x
EV / EBIT 25.9x 10.2x 50.6x 3.97x 9.34x 9.74x
EV / FCF 106x 4.41x -43.3x 5.97x 5.66x 10.7x
FCF Yield 0.94% 22.7% -2.31% 16.8% 17.7% 9.33%
Dividend per Share 2 0.48 0.12 0.2 1.78 0.73 0.35
Rate of return 5.09% 3.26% 2.38% 22.3% 10.4% 8.47%
EPS 2 0.53 -3.294 -0.1938 3.03 0.48 0.25
Distribution rate 90.6% -3.64% -103% 58.7% 152% 140%
Net sales 1 597.4 406.1 701.3 1,055 863.5 783.8
EBITDA 1 201.7 198.5 165.3 401.1 263.7 291.7
EBIT 1 44.63 59.32 20.82 244.3 103.1 75.76
Net income 1 43.54 -262.9 -15.54 250.2 37.4 19.25
Net Debt 1 394.3 312.9 379.3 356.4 431.2 419.8
Reference price 2 9.430 3.680 8.420 8.000 7.030 4.130
Nbr of stocks (in thousands) 80,997 79,929 80,007 76,768 75,667 76,939
Announcement Date 2/27/20 2/24/21 3/4/22 2/28/23 3/8/24 3/13/25
1USD in Million2USD
Estimates


Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA