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RISK CONCERN
Investment Strategy, Risk Analysis, and Insights by Chartered Professionals
Beyond Meat, Inc. (XNAS:BYND) In-Depth Stock/Fundamental/Options Analysis Today
Primary Facts
BYND
Name:
BEYOND MEAT, INC. (XNAS:BYND)
Sector:
- 186758.00K
Industry:
Packaged Foods
CEO:
Mr. Ethan Brown
Total Employees:
1,108
Our Technological Advancement Rating
Our Rating:
D
Technological advancement compared to industry is -142.17% lower
ANALYSIS OF ALL CRITICAL FACTORS & RISKS RELATED TO THE STOCK & FUNDAMENTAL/LONG-TERM ANALYSIS OF BEYOND MEAT, INC.(BYND) AS PER DATA ANALYSIS OF LAST 3 YEARS AND COMPARISON WITH COMPETITORS/PEERS, AND PACKAGED FOODS INDUSTRY. DATE: 07/09/2022
Primary Targets/Price Insights
Previous Close ($) :
23.42
One Month Price Target:
$23.66
Six Month Price Target :
$24.88
Likely Price in One Year's Time:
Ticker:
$26.35
Likely Trading Range Today Under (Normal Volatility)
$23.21
Price Upper limit ($) :
$23.6
Price Lower limit ($) :
Crash Risk Prep/Key Price Levels (High Volatility/Risk)
Price, as per data analysis, isn't likely to fall below:
Today:
$21.04
This week:
$18.09
This month :
$12.77
Other Primary facts
Market Cap:
1.38B
Market Cap Classification:
Small Cap
Number of Shares
IPO Date:
63.67M
Best/Worst Daily Performance (Last 3+ Years)
Highest Daily Appreciation:
26.01%
-16.94%
Worst Daily Decline:
Our Options Trading Entry Points
Iron Condor entry points for options expiring in 1 week's time
Low risk (<2%) entry points
Buy Call:
Sell Call:
Buy Put:
Sell Put:
$34.48
$29.48
$12.36
$17.36
Medium risk (<10%) entry points
Buy Call
Sell Call
$27.86
Buy Put:
Sell Put:
$26.79
$18.97
$20.05
These entry points can be used for other strategies, such as butterflies, straddles, etc.
Risk-Adjusted returns (Sharpe Ratio) of
BYND
Sharpe Ratio:
-1.25%
Comparison:
BYND, is amongst the top 40% stocks with lowest risk-adjusted returns
Sharpe ratio is -195.13% lower than the industry
& is -154.70% lower than the market/S&P 500 average
Average Returns/Yield of
BYND
Daily returns:
-0.05%
Weekly returns:
-0.26%
Monthly returns:
-1.05%
Yearly returns:
8.42%
Comparison of returns:
Average annual returns/yield (last 3 years) is -249.85% below industry average
Classification:
BYND, is amongst the top 40% lowest yielding stocks in terms of daily returns
Results of T-Test of Returns:
0.7
Statistical test of Returns:
BYND has yielded returns statistically similar to the market
Volatility (measured by Standard Deviation)
Daily Volatility:
4.93%
Weekly Volatility:
11.01%
Monthly Volatility:
22.03%
Yearly Volatility:
76.31%
Volitlilty of last five days (Measured by Standard Deviation)
Average Volatility of this Week:
2.42%
Volatility in last five trading days has been -50.79% below long-term volatility
Value at Risk Analysis (VaR)
Daily VaR:
-10.17%
Weekly VaR:
-22.74%
Monthly VaR:
-45.48%
How Much Can the price of
BYND
Decline in a Recession?
Likely price decline in a recession:
Base case (decline):
-41%
Worst case (decline):
>85%
This translates to price declining to:
$13.86
This translates to price declining to:
$3.51
Severe Crash Probability
Risk of crash in next 6/12 months: Low (<25%)
What is Value at Risk (VaR)?
Risk Fundamentals
BYND is a 220.98% riskier investment compared to the market/S&P 500 & is 174.99% riskier than Nasdaq (IXIC)
Risk (measured by volatility) is 115.35% above industry average
Overall, it is amongst the top 50% most risky stocks
Beta Examination of
BYND
Beta in relation to market/S&P 500--1.86
Expected beta in 1 year's time:
0.854
Expected beta in 3 year's time:
1.208
Unlevered (debt free) Beta:
0.064
Beta in relation to Nasdaq (XNAS):
1.225
Beta in relation to all global stocks::
0.651
Beta Comparison & Analysis
Beta of competitors/peers::
0.692
Beta is 169.08% higher than peers
Average Industry Beta:
0.586
Beta is 217.66% above industry average
Sustainable Growth Rate Analysis
Sustainable growth rate for this stock/firm:
-
-
Alpha provided | Alpha Analysis
Alpha provided:
-0.285
Alpha is -2371.74% below industry average alpha yield
Alpha is -1815% below the market average
Analysis of Cost of Capital of
BYND
Equity cost of capital:
0.159
Equity cost of capital is 121.95% above industry mean WACC
Unlevered (without debt) cost of capital:
0.55%
Before-tax cost of debt:
0.35%
After-tax cost of debt:
0.28%
Overall debt rating:
Highest AAA investment grade
Weighted average cost of capital (WACC):
0.28%
WACC is -65.81% below industry mean WACC
Key Per-Share Metrics & Analysis
Revenue per share:
$7.32
Revenue growth rate per share of (3Y):
36.39
Annual revenue growth rate is 710.46% above the industry average
EPS:
-$4.03
Expected Annual growth rate of EPS (3Y):
114.95%
Expected future EPS growth rate is 537.29% higher than the Packaged Foods industry
Free cash flow (FCF) per share:
-
-
-
Debt per share
$18.10
EBITDA per share
-$3.56
Valuation Analysis Today of
BYND
P/E Ratio:
-
P/E Ratio of Competitors/Peers:
189.17
-
-
BYND is -115.04% undervalued if valued using industry average P/E ratio
-
-
P/S (Price to Sales ratio):
3.2
Price to sales ratio is 37.98% above the industry mean
P/B (Price to book value ratio):
36.39
-
-
Net income growth rate (3Y):
347.20%
Net income growth rate is 3127.26% higher than the average industry net income growth rate
Dividend Analysis
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Dividend History:
--$0.00
--$0.00
--$0.00
--$0.00
--$0.00
--$0.00
-
In-depth Debt & Leverage Analysis
Debt to equity ratio:
2812.37%
Net debt to equity ratio:
1486.83%
Debt to assets ratio:
89.03%
Net debt to assets ratio:
47.07%
Debt-to-asset ratio is 65.19% above industry average
Ability to repay debt:
Interest coverage ratio:
-56.08
Interest coverage ratio is -122.74% less than industry average
Looking forward:
Debt growth rate:
2785.60%
Annual debt growth is 899% higher than industry average debt growth rate
Debt repayment rate in last quarter: 0.00%
Analysis of Key Statistics
Correlation of price movement with the market:
0.373
Statistical significance of correlation:
BYND has a statistically significant correlation with the market
Average Correlation of the industry with the market:
0.429
Stock price is -13.00% less correlated with the market compared to the industry average correlation
R Squared (percentage of price movement explained by movement of the market):
0.429
Correlation of price movement with Nasdaq (^IXIC):
-0.065
Covariance of price movement with the market:
-0.186
Kurtosis
4.169
Returns have moderate fat-tails (leptokurtic), i.e., returns considerably higher or lower than the mean returns are more probable, compared to assets with normally distributed returns
Skewness of returns:
0.921
Returns are right (positive) skewed; mean returns are greater than median and mode returns
Fundamental Analysis & Dupont Analysis of
BYND
Gross Profit Margin Ratio:
68%
Operating Profit Margin Ratio:
-53.20%
Operating profit margin is -1202.20% lower than the industry
Net Profit Margin Ratio:
68%
Effective Tax Rate:
-0.01%
Effective tax rate is -100.02% lower than the industry
Dupont Method
Net Profit Margin
Return on Equity Ratio (ROE):
×
ROA
=
×
-622.96%
Return on equity (ROE) is -5739.32% lower than the industry
Financial Leverage
Asset Turnover Ratio (ROA):
-19.72%
Return on assets (ROA) is -541.61% lower than the industry
Financial Leverage:
9.1x
Current Ratio:
9.08
Current ratio is 231.12% above industry average
Cash Conversion Cycle (days):
24.5
Cash conversion cycle is -50.04% below industry average
The remaining useful life of property plant & equipment is: 3.3 years
Stock based compensation to net income ratio:
-3.64%
In-depth Efficiency Analysis
Revenue generated per employee:
420.6K
Each employee generates -47% less revenue than industry average revenue per employee
EBITDA generated per employee:
- 204.7K
Each employee generates -282% less EBITDA than industry average revenue per employee
Profit generated per employee:
- 230.4K
Each employee generates -542% less net income/profit than industry average revenue per employee
Free cash flow (FCF) generated per employee:
- 168.6K
Each employee generates 4429% more free cash flow than industry average revenue per employee
Assets/Capital per employee
340.4K
Each employee generates 4429% more free cash flow than industry average revenue per employee
Research & Development (R&D) Analysis
Research & development (R&D) investment growth rate-- 112.29%
Growth rate in R&D investment/expenditure is 2212.81% higher than the industry
Competitors/Peer firms of
BYND
FRESHPET, INC. (XNAS:FRPT)
Innovator Lddrd Alloc PB (BATS:BUFF)
PILGRIM'S PRIDE CORPORATION (XNAS:PPC)
OLLIE'S BARGAIN OUTLET HOLDINGS, INC. (XNAS:OLLI)
HELEN OF TROY LIMITED (XNAS:HELE)
LANCASTER COLONY CORPORATION (XNAS:LANC)
NATIONAL BEVERAGE CORP. (XNAS:FIZZ)
GRAND CANYON EDUCATION, INC. (XNAS:LOPE)
THE HAIN CELESTIAL GROUP, INC. (XNAS:HAIN)
Current Analyst Ratings
Strong buy�0%
Buy�0%
Hold�0%
Sell�0%
Strong sell�0%
Overall analyst sentiment is: -
Income Statement
Period:
TTM
Date:
4/2/22
Revenue:
465.99M
Cost of Revenue:
Gross Profit:
R&D Expense
General & Admin Expenses:
Selling, General & Admin Expenses
Sales and Marketing Expenses
Other Expenses :
Operating Expenses :
Cost & Expenses :
Interest Income:
Interest Expenses:
Depreciation & Amortization:
EBITDA:
Operating Income:
Other Income Expenses:
Income Before Tax:
Income Tax Expense:
Net Income:
Balance Sheet
Date:
Calendar Year:
Period:
Cash & Cash Equivalents:
Short Term Investments:
Cash & Short Term Investments:
Net Receivables:
Inventory:
Other Current Assets:
Total Current Assets:
PP&E:
Goodwill:
Intangible Assets:
Long Term Investments:
Tax Assets:
Other Non-Current Assets:
Total Non-Current Assets:
Other Assets:
Total Assets:
Accounts Payable:
Short Term Debt:
Tax Payables:
Deferred Revenue:
Other Current Liabilities:
Total Current Liabilities:
Long Term Debt:
Other Non-Current Liabilities:
Total Non Current Liabilities:
Other Liabilities:
Total Liabilities:
Common Stock:
Retained Earnings:
Accumulated Other Comprehensive Loss:
Other Total Stockholders' Equity:
Total Stockholders' Equity:
Total Liabilities and Stockholders' Equity:
Total Investments:
Total Debt:
Net Debt:
381.23M
84.76M
70.70M
-
245.63M
-
-
316.33M
-
4.04M
24.43M
- 226803.00K
- 247916.00K
- 255297.00K
- 252001.00K
22.00K
- 255297.00K
Statement of Cash Flow
Date:
Period:
7.09M
Differed Income Tax :
-
Stock Based Compensation :
9.29M
Change in Working Capital :
- 84223.00K
Accounts Receivables:
- 9108.00K
Other Working Capital:
-
Other Non-Cash Items:
3.09M
Net Cash Provided by Operating Activities:
- 165210.00K
Investments in PP&E:
- 21548.00K
Net Acquisitions:
-
Purchases of Investments:
-
Sales/Maturities of Investments:
Other Investing Activities:
Net Cash Used for Investing Activities:
Debt Repayment:
Common Stock Issued:
Common Stock Repurchased:
Dividend Paid:
Other Financing Activities:
Net Cash Used Provided by Financing Activities:
Effect of FOREX on Changes in Cash:
Net Changes in Cash:
Cash at End of Period:
Cash at Beginning of Period:
Operating Cash Flow:
Capital Expenditure:
Free Cash Flow (FCF):
4/2/22
2022
Q1
547.86M
-
547.86M
52.68M
283.75M
33.01M
917.30M
267.08M
-
-
7.35M
-
102.78M
377.21M
-
1.29B
67.39M
4.64M
-
-
28.97M
100.99M
1.15B
-
1.15B
-
1.25B
6.00K
- 477430.00K
- 1276.0K
519.68M
April 2, 2022 at 6:00:00 AM
697.56M
40.98M
1.29B
-
1.16B
609.3M
-
49.00K
- 21499.00K
- 45.00K
-
-
-
376.00K
331.00K
942.00K
- 185436.00K
547.86M
733.29M
- 165210.00K
- 21548.00K
- 186758.00K
Our Proprietary Portfolio Rating
Our Rating:
A+
Price Forecast/Expected Price in Next 5 Years of
BYND
2023
2024
2025
2026
2027
$26.43
$29.74
$33.46
$37.64
$42.35