BELLRING BRANDS, INC. Stock Research

Market Summary

USD29.99-0.59

Delayed

-1.93%

BRBR Alerts

Big jump in Earnings (Y/Y)

BRBR Stock Price

BRBR RSI Chart

BRBR Valuation

Market Cap

4.0B

Price/Earnings (Trailing)

34.13

Price/Sales (Trailing)

2.83

EV/EBITDA

16.59

Price/Free Cashflow

60.81

BRBR Price/Sales (Trailing)

BRBR Profitability

Operating Margin

31.61%

EBT Margin

11.34%

Return on Assets

16.1%

Free Cashflow Yield

1.64%

BRBR Fundamentals

BRBR Revenue

Revenue (TTM)

1.4B

Revenue Y/Y

18.34%

Revenue Q/Q

-4.35%

BRBR Earnings

Earnings (TTM)

118.3M

Earnings Y/Y

439.02%

Earnings Q/Q

31.16%

Price Action

52 Week Range

20.2032.15

(Low)(High)

Last 7 days

-1.9%

Last 30 days

-2.4%

Last 90 days

31.3%

Trailing 12 Months

20.7%

BRBR Financial Health

Current Ratio

3.04

BRBR Investor Care

Shares Dilution (1Y)

242.39%

Diluted EPS (TTM)

0.91

Peers (Alternatives to BELLRING BRANDS)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PG	338.6B	80.3B	1.26%	-3.79%	23.71	4.22	2.47%	-1.59%
EL	84.9B	16.4B	-7.24%	-8.31%	56.2	5.19	-7.75%	-53.65%
CL	60.9B	18.0B	-1.14%	-1.59%	34.13	3.39	3.13%	-17.59%
KMB	42.8B	20.2B	-3.29%	4.87%	22.15	2.12	3.78%	6.62%
CLX	19.1B	7.1B	2.26%	22.62%	43.96	2.71	-0.21%	76.11%
MID-CAP
COTY	9.4B	5.3B	-3.49%	27.42%	67.46	1.78	4.52%	-56.15%
BRBR	4.0B	1.4B	-2.42%	20.66%	34.13	2.83	12.31%	322.50%
EPC	2.1B	2.2B	-7.23%	10.56%	21.52	0.98	3.72%	-10.14%
SMALL-CAP
NUS	2.0B	2.2B	-11.18%	-12.93%	18.92	0.89	-17.44%	-28.85%
HLF	1.8B	5.2B	7.17%	-46.70%	5.47	0.34	-10.31%	-28.15%
MED	1.1B	1.6B	-6.88%	-38.08%	7.91	0.71	4.75%	-12.48%
NATR	195.3M	437.1M	4.75%	-42.82%	14.85	0.45	2.15%	-41.44%
VERU	150.0M	27.7M	-54.23%	-61.59%	-1.31	5.41	-54.38%	-604.59%
LFVN	43.3M	206.4M	-16.20%	-32.37%	-59.93	0.21	-2.54%	-107.21%

Financials for BELLRING BRANDS

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	4.1%	1,428	1,372	1,332	1,304	1,271
Gross Profit	7.0%	451	422	396	387	387
S&GA Expenses	2.6%	195	190	172	166	166
EBITDA	11.4%	241	216	208	204	222
EBITDA Margin	7.0%	0.17*	0.16*	0.16*	0.16*	0.17*
Earnings Before Taxes	11.2%	162	146	144	135	130
EBT Margin	6.8%	0.11*	0.11*	0.11*	0.10*	0.10*
Interest Expenses	16.9%	58.00	49.00	42.00	36.00	39.00
Net Income	43.7%	118	82.00	58.00	29.00	28.00
Net Income Margin	38.1%	0.08*	0.06*	0.04*	0.02*	0.02*
Free Cahsflow	216.2%	66.00	21.00	92.00	170	194

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	3.9%	735	707	715	658	601
Current Assets	7.8%	454	421	423	360	298
Cash Equivalents	22.6%	44.00	36.00	35.00	70.00	30.00
Inventory	6.5%	213	200	228	145	130
Net PPE	6.3%	9.00	8.00	8.00	9.00	9.00
Goodwill	0%	66.00	66.00	66.00	66.00	66.00
Liabilities	2.0%	1,105	1,083	1,105	1,087	648
Current Liabilities	3.9%	149	144	177	131	146
LT Debt, Current	NaN%	-	-	-	35.00	-
LT Debt, Non Current	1.6%	945	930	914	939	473
Retained Earnings	12.4%	-311	-355	-389	-428	-2,806
Additional Paid-In Capital	20.0%	8.00	7.00	4.00	0.00	-
Shares Outstanding	-1.0%	135	136	63.00	39.00	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	216.2%	66.00	21.00	92.00	170	194
Share Based Compensation	20.4%	12.00	10.00	8.00	6.00	5.00
Cashflow From Investing	16.7%	-1.50	-1.80	-2.00	-2.20	-2.20
Cashflow From Financing	62.3%	-50.90	-135	-143	-131	-211
Buy Backs	54.0%	66.00	43.00	21.00	18.00	18.00

Risks for BRBR

What is the probability of a big loss on BRBR?

65.4%

Probability that BELLRING BRANDS stock will be more than 20% underwater in next one year

59.6%

Probability that BELLRING BRANDS stock will be more than 30% underwater in next one year.

Probability that BELLRING BRANDS stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BRBR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if BELLRING BRANDS was unfortunately bought at previous high price.

Drawdowns

Returns for BRBR

Cumulative Returns on BRBR

18.9%

3-Year Cumulative Returns

Which funds bought or sold BRBR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	13.88	19,575,000	66,546,000	0.07%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-12.7	3,000	30,000	-%
2023-02-28	Voya Investment Management LLC	reduced	-12.35	262,976	3,168,980	-%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	added	68.34	290,000	556,000	0.01%
2023-02-21	MACQUARIE GROUP LTD	reduced	-24.2	-20,000	40,000	-%
2023-02-21	NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC	reduced	-35.92	-81,628	321,372	0.01%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	added	196	12,204	17,204	-%
2023-02-15	McIlrath & Eck, LLC	unchanged	-	1,051	6,051	-%
2023-02-15	ALLIANCEBERNSTEIN L.P.	added	6.57	3,014,510	12,265,500	0.01%
2023-02-15	Bridgefront Capital, LLC	new	-	348,012	348,012	0.24%

Latest Funds Activity

Are funds buying BRBR calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own BRBR

No. of Funds

BRBR Alerts

Big jump in Earnings (Y/Y)

BELLRING BRANDS News

Schedule 13G FIlings of BELLRING BRANDS

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	point72 asset management, l.p.	1.6%	2,144,220	SC 13G/A
Feb 13, 2023	route one investment company, l.p.	10.2%	13,656,803	SC 13G/A
Feb 10, 2023	aristeia capital llc	12.%	0	SC 13G/A
Feb 09, 2023	vanguard group inc	10.08%	13,549,593	SC 13G/A
Jan 30, 2023	franklin resources inc	2.0%	2,685,751	SC 13G/A
Jan 26, 2023	blackrock inc.	11.0%	14,798,999	SC 13G/A
Jan 20, 2023	blackrock inc.	11.0%	14,798,999	SC 13G/A
Jan 05, 2023	post holdings, inc.	0%	0	SC 13G/A
Sep 08, 2022	blackrock inc.	10.8%	14,712,300	SC 13G
Mar 11, 2022	post holdings, inc.	14.2%	19,397,339	SC 13G/A

BRBR Fair Value

BELLRING BRANDS fair value in different scenarios

The table shows the Fair Value estimates for BELLRING BRANDS for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	6.02 -79.93%	8.40 -71.99%	12.43 -58.55%	18.34 -38.85%	22.39 -25.34%
Current Inflation	5.27 -82.43%	7.29 -75.69%	10.65 -64.49%	15.62 -47.92%	19.00 -36.65%
Very High Inflation	4.35 -85.50%	5.95 -80.16%	8.56 -71.46%	12.47 -58.42%	15.09 -49.68%

Historical BELLRING BRANDS Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of BELLRING BRANDS

View All Filings

Date Filed	Form Type	Document
Feb 14, 2023	SC 13G/A	Major Ownership Report
Feb 13, 2023	SC 13G/A	Major Ownership Report
Feb 10, 2023	SC 13G/A	Major Ownership Report
Feb 09, 2023	8-K	Current Report
Feb 09, 2023	SC 13G/A	Major Ownership Report
Feb 07, 2023	10-Q	Quarterly Report
Feb 06, 2023	8-K	Current Report
Feb 03, 2023	4	Insider Trading
Feb 03, 2023	4	Insider Trading
Feb 03, 2023	4	Insider Trading

Latest Insider Trading transactions for BRBR

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-01	Nwamu Chonda J	acquired	-	-	3,800	-
2023-02-01	STEIN ELLIOT JR	acquired	-	-	3,800	-
2023-02-01	ERICKSON THOMAS P	acquired	-	-	3,800	-
2023-02-01	JOHNSON JENNIFER KUPERMAN	acquired	-	-	3,800	-
2022-11-20	CORNILLE DOUGLAS J	sold (taxes)	-106,929	22.45	-4,763	chief growth officer
2022-11-20	SINGH ROBIN	sold (taxes)	-44,114	22.45	-1,965	svp, operations of pnc
2022-11-20	DAVENPORT DARCY HORN	sold (taxes)	-220,279	22.45	-9,812	pres. and ceo
2022-11-20	RODE PAUL A	sold (taxes)	-79,944	22.45	-3,561	cfo
2022-11-20	Mollere Marc S	sold (taxes)	-33,944	22.45	-1,512	svp, international
2022-11-12	DAVENPORT DARCY HORN	sold (taxes)	-185,801	25.31	-7,341	pres. and ceo

About BELLRING BRANDS

Darcy H. Davenport

www.bellring.com

360

BellRing Brands, Inc., together with its subsidiaries, provides various nutrition products in the United States and internationally. It offers ready-to-drink shake and powder protein products primarily under the Premier Protein and Dymatize brands. The company sells its products through club, food, drug, mass, eCommerce, specialty, and convenience channels. BellRing Brands, Inc. was incorporated in 2019 and is headquartered in Saint Louis, Missouri.

BRBR Income Statement

2022-09-30

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2020
Income Statement [Abstract]
Net sales	$ 1,371.5	$ 1,247.1	$ 988.3
Cost of goods sold	949.7	860.9	650.3
Gross profit	421.8	386.2	338.0
Selling, general and administrative expenses	189.7	167.1	151.8
Amortization of intangible assets	19.7	51.2	22.2
Other operating income, net	0.0	(0.1)	0.0
Operating profit	212.4	168.0	164.0
Interest expense, net	49.2	43.2	54.7
Loss on extinguishment and refinancing of debt, net	17.6	1.6	0.0
Earnings before income taxes	145.6	123.2	109.3
Income tax expense	29.6	8.8	9.2
Net earnings including redeemable noncontrolling interest	116.0	114.4	100.1
Net earnings attributable to redeemable noncontrolling interest	33.7	86.8	76.6
Net earnings available to common stockholders	$ 82.3	$ 27.6	$ 23.5
Earnings per common share, basic (in usd per share)	$ 0.88	$ 0.70	$ 0.60
Earnings per common share, diluted (in usd per share)	$ 0.88	$ 0.70	$ 0.60
Weighted-Average common shares outstanding, basic (in shares)	93.5	39.5	39.4
Weighted-Average common shares outstanding, diluted (in shares)	93.8	39.7	39.5

BRBR Balance Sheet

2022-09-30

Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2022	Sep. 30, 2021
ASSETS
Cash and cash equivalents	$ 35.8	$ 152.6
Receivables, net	173.3	103.9
Inventories	199.8	117.9
Prepaid expenses and other current assets	12.4	13.7
Total current assets	421.3	388.1
Property, net	8.0	8.9
Goodwill	65.9	65.9
Intangible assets, net	203.3	223.1
Other assets	8.7	10.5
Total Assets	707.2	696.5
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current portion of long-term debt	0.0	116.3
Accounts payable	93.8	91.9
Other current liabilities	49.7	43.1
Total current liabilities	143.5	251.3
Long-term debt	929.5	481.2
Deferred income taxes	2.2	7.6
Other liabilities	8.2	21.9
Total Liabilities	1,083.4	762.0
Redeemable noncontrolling interest	0.0	2,997.3
Preferred stock	0.0	0.0
Additional paid-in capital	7.0	0.0
Accumulated deficit	(355.6)	(3,059.7)
Accumulated other comprehensive loss	(4.3)	(3.5)
Treasury Stock, Value	(24.7)	0.0
Total Stockholders’ Deficit	(376.2)	(3,062.8)
Total Liabilities and Stockholders’ Deficit	707.2	696.5
Common Stock
Common stock	1.4	0.0
Common Class A
Common stock	0.0	0.4
Common Class B
Common stock	$ 0.0	$ 0.0