S.C. Bermas S.A.

BRM

S.C. Bermas S.A. produces, markets, and sells beer, malt, other alcoholic and soft drinks, derivatives, and its by-products in Romania. The company was founded in 1974 and is headquartered in Suceava,...

Website | Malt Beverages | Other

Automated Financial Analysis

🤵

Financial Advisor Insight

"Current valuation levels are elevated, suggesting the price may be ahead of fundamentals. Momentum is currently negative, indicating caution for short-term entries."

Sentiment: Neutral Action: Watch

"Financial analysis reveals potential risks regarding growth or leverage that warrant caution."

Overvalued based on PE (Current: 31.7 vs Fair: 15).
Bearish Trend (SMA50 < SMA200).

Technical Analysis

Trend Bearish (Long Term)
Last Cross
Death Cross (1 year ago)
RSI (14) 36.4
SMA 50 2.55
SMA 200 2.61

Price Valuation

Current Price 2.40
Fair Value (PE 15) 1.13
Overvalued 53%
Graham Number 1.37
Downside 43%

Forecast

Rev Forecast (Next Yr) 43M
Growth Forecast 3.2%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
0.08
Less Volatile than Market
Correlation
0.02
Moves with Market
Relative Strength (1Y)
-73.39%
vs Benchmark
Index Returns (1Y)
69.4%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
BRM 4.3% 0.0% -11.1% -7.0% -7.7% -5.5% 0.0% 0.0%
BET - 132.5% 69.4% 18.5% 33.0% 6.9% 2.4% 1.8%
Alpha (Diff) - -132.5% -80.5% -25.5% -40.7% -12.4% -2.4% -1.8%

Financial Reports

Price Chart

Sector: Other

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ETAPA 1 • MUST HAVE

5/8
Healthy Leverage (Debt/Equity)
0.35
Target: < 1.5
Gross Margin vs Industry
0.0% vs 0.0%
Target: > 0.0%
Operating Cash Flow vs Profit
0%
Target: > 1.0
Free Cash Flow vs Profit
292%
Target: > 0.8
ROIC (Return on Capital)
6.32%
Target: Positive
ROIC vs WACC
ROIC: 6.3% / WACC: 321,309.0%
Target: > WACC
ROE (Return on Equity)
6.9%
Target: > 10%
EBITDA Positive
5.15M
Target: > 0

ETAPA 2 • CRITERII

6/9
Interest Coverage
Target: > 3x • 0.0x
Miss
Net Margin vs Industry
Target: > 0.0% • 3.9%
Passed
ROA vs Industry
Target: > 3.6% • 5.7%
Passed
Current Ratio
Target: > 1.5 • 2.07
Passed
Assets Growth (5y)
Target: > 0% • 2.1% CAGR
Passed
FCF CAGR (5y)
Target: > 5% • 0.0%
Miss
EV/EBITDA vs Industry
Target: < Industry • 0.0 vs 0.0
Miss
Net Debt / EBITDA
Target: < 3 • 1.64
Passed
Revenue CAGR (5y)
Target: > 5% • 9.6%
Passed

SNAPSHOT COMPANIE

Capitalizare
0.05B RON
EBITDA
5.15M
P/E Ratio
31.75
PEG Ratio
3.31
Dividend Yield
2.26%
Beta
0.08
Valoare Intrinsecă (Graham)
1.37 RON
Discount
-42.9%

Balance Sheet

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Cash & Equivalents 25,972 22,503 14,062 11,986 9,747
Totalcash 25,972 22,503 14,062 11,986 9,747
Cash Growth 10.14% 60.03% 17.32% 22.97% -44.93%
Accounts Receivable 4,700,490 2,542,310 2,212,409 1,416,192 834,403
Other Receivables 420,491 888,690 1,152,264 1,881,989 1,107,219
Receivables 5,120,981 3,431,000 3,364,673 3,298,181 1,941,622
Inventory 20,659,071 21,531,316 23,583,857 23,242,467 17,835,520
Prepaid Expenses 144,687 67,239 69,886 66,008 86,427
Other Current Assets - 5,110 2,864 57 94
Assetsc 25,950,711 25,057,168 27,035,342 26,618,699 19,873,410
Property, Plant & Equipment 10,313,034 10,979,040 11,823,906 12,802,080 13,860,669
Long-Term Investments 84,010 84,010 84,010 84,010 84,000
Other Intangible Assets 28,619 40,028 - - -
Other Long-Term Assets - - - 15,510 15,510
Assets 36,376,374 36,160,246 38,943,258 39,520,299 33,833,589
Accounts Payable 1,549,393 888,955 1,065,748 1,216,618 499,001
Accrued Expenses - 1,074,909 1,196,952 311,463 1,070,468
Short-Term Debt 6,115,086 8,423,340 11,589,145 11,721,269 5,393,163
Other Current Liabilities 3,735,485 1,742,139 1,175,758 2,339,907 1,526,952
Total Current Liabilities 11,399,964 12,129,343 15,027,603 15,589,257 8,489,584
Long-Term Debt - - - 223,790 1,118,952
Long-Term Deferred Tax Liabilities 207,619 207,033 207,795 202,872 202,088
Total Liabilities 11,607,583 12,336,376 15,235,398 16,015,919 9,810,624
Common Stock 15,087,134 15,087,134 15,087,134 15,087,134 15,087,134
Retained Earnings 2,358,021 5,444,295 5,328,285 5,645,109 6,163,694
Comprehensive Income & Other 7,323,636 3,292,439 3,292,439 2,772,136 2,772,136
Equity 24,768,791 23,823,868 23,707,858 23,504,379 24,022,964
Total Liabilities & Equity 36,376,374 36,160,244 38,943,256 39,520,298 33,833,588
Filing Date Shares Outstanding - 21,553,049 21,553,049 21,553,049 21,553,049
Total Common Shares Outstanding - 21,553,049 21,553,049 21,553,049 21,553,049
Book Value Per Share - 1.11 1.10 1.09 1.11
Tangible Book Value 24,740,172 23,783,840 23,707,858 23,504,379 24,022,964
Tangible Book Value Per Share - 1.10 1.10 1.09 1.11
Total Debt 6,115,086 8,423,340 11,589,145 11,945,059 6,512,115
Net Cash (Debt) -6,089,114 -8,400,837 -11,575,083 -11,933,073 -6,502,368
Netcashpershare - -0.39 -0.54 -0.55 -0.30
Working Capital 14,550,747 12,927,825 12,007,739 11,029,442 11,383,826
Treasury Stock - - - - -
Land - 1,774,100 1,774,100 1,774,100 1,774,100
Buildings - 7,232,440 7,232,440 7,232,440 7,232,440
Machinery - 23,248,304 24,066,301 24,014,328 23,731,881
Construction In Progress - 692,889 210,843 - -

Cash Flow Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Net Income 1,422,216 1,629,245 1,150,178 1,467,509 1,669,686
Depreciation & Amortization 1,602,440 1,732,385 2,288,323 1,724,391 1,717,609
Other Operating Activities -891,237 2,298,879 -432,447 -6,118,246 -1,272,458
Ncfo 2,133,419 5,660,509 3,006,054 -2,926,346 2,114,837
Ocf Growth -66.18% 88.30% - - -22.65%
Capex -936,214 -906,182 -880,235 -754,234 -1,114,880
Investment in Securities - - - -10 -
Other Investing Activities 10,273 10,273 17,128 8,964 9,218
Ncfi -836,307 -852,533 -863,107 -745,280 -1,090,584
Short-Term Debt Issued - - - 6,328,107 1,316,185
Long-Term Debt Issued - - - - -
Total Debt Issued - - - 6,328,107 1,316,185
Long-Term Debt Repaid - -3,528,846 -223,790 -895,161 -895,161
Net Debt Issued (Repaid) -3,577,464 -3,528,846 -223,790 5,432,946 421,024
Repurchase of Common Stock - - - - -
Common Dividends Paid -1,270,689 -1,270,689 -1,301,466 -1,438,207 -1,332,985
Other Financing Activities 3,553,432 - -615,615 -320,874 -120,245
Financing Cash Flow -1,294,721 -4,799,535 -2,140,871 3,673,865 -1,032,206
Net Cash Flow 2,391 8,441 2,076 2,239 -7,953
Free Cash Flow 1,197,205 4,754,327 2,125,819 -3,680,580 999,957
Free Cash Flow Growth -77.65% 123.65% - - -
Fcf Margin 2.83% 11.36% 5.92% -11.57% 3.35%
Fcfps - 0.22 0.10 -0.17 0.05
Levered Free Cash Flow 1,360,201 4,912,386 1,838,558 -3,354,036 877,995
Unlevered Free Cash Flow 1,647,152 5,214,567 2,039,104 -3,153,490 953,148
Cash Interest Paid - - 615,615 320,874 120,245
Cash Income Tax Paid 343,862 343,862 286,200 70,588 354,922
Sale of Property, Plant & Equipment 89,634 43,376 - - 15,078

Income Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Revenue 42,243,856 41,855,813 35,891,535 31,799,886 29,852,339
Revenue Growth 2.73% 16.62% 12.87% 6.52% 2.91%
Operating Revenue 40,441,994 39,962,190 34,066,310 30,137,703 28,716,050
Other Revenue 1,801,862 1,893,623 1,825,225 1,662,183 1,136,289
Cost of Revenue 12,199,411 12,823,165 10,534,385 9,190,600 7,796,871
Gp 30,044,445 29,032,648 25,357,150 22,609,286 22,055,468
Selling, General & Admin 22,558,480 21,292,050 18,220,174 17,105,171 15,241,911
Other Operating Expenses 2,728,411 2,593,486 1,910,292 823,186 2,027,684
Operating Expenses 26,889,331 25,617,921 22,996,969 19,652,748 18,987,204
Operating Income 3,155,114 3,414,727 2,360,181 2,956,538 3,068,264
Interest Expense -459,122 -483,491 -320,874 -320,874 -120,245
Interest & Investment Income 14 14 - - 36
Currency Exchange Gain (Loss) -2,634 -2,634 -1,668 -1,668 -1,847
Other Non Operating Income (Expenses) -1,085,084 -1,085,070 -711,035 -928,865 -992,365
Pretax Income 1,608,288 1,843,546 1,326,604 1,705,131 1,953,843
Income Tax Expense 186,072 214,301 176,426 237,622 284,157
Net Income 1,422,216 1,629,245 1,150,178 1,467,509 1,669,686
Net Income to Common 1,422,216 1,629,245 1,150,178 1,467,509 1,669,686
Net Income Growth -39.43% 41.65% -21.62% -12.11% 0.43%
Shares Basic - 21,553,049 21,553,049 21,553,049 21,553,049
Shares Outstanding (Diluted) - 21,553,049 21,553,049 21,553,049 21,553,049
Eps Basic - 0.08 0.05 0.07 0.08
EPS (Diluted) - 0.08 0.05 0.07 0.08
EPS Growth - 41.65% -21.63% -12.11% 0.43%
Free Cash Flow 1,197,205 4,754,327 2,125,819 -3,680,580 999,957
Free Cash Flow Per Share - 0.22 0.10 -0.17 0.05
Dps 0.07 0.07 0.07 0.07 0.08
Dividend Growth 4.48% 4.48% -1.47% -9.33% 7.14%
Gross Margin 71.12% 69.36% 70.65% 71.10% 73.88%
Operating Margin 7.47% 8.16% 6.58% 9.30% 10.28%
Profit Margin 3.37% 3.89% 3.21% 4.61% 5.59%
Free Cash Flow Margin 2.83% 11.36% 5.92% -11.57% 3.35%
Effective Tax Rate 0.12 0.12 0.13 0.14 0.15
EBITDA 4,757,554 5,147,112 4,648,504 4,680,929 4,785,873
D&A For EBITDA 1,602,440 1,732,385 2,288,323 1,724,391 1,717,609
EBITDA Margin 11.26% 12.30% 12.95% 14.72% 16.03%
EBIT 3,155,114 3,414,727 2,360,181 2,956,538 3,068,264
EBIT Margin 7.47% 8.16% 6.58% 9.30% 10.28%
Payoutratio 89.35% 77.99% 113.15% 98.00% 79.83%

Ratios and Metrics

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Marketcap 56,037,927 68,538,696 56,037,927 51,727,318 51,727,318
Market Cap Growth -12.75% 22.31% 8.33% - 50.00%
Enterprise Value 62,127,037 74,245,465 65,398,737 61,517,367 56,011,297
Last Close Ratios 260.00% 309.44% 247.35% 221.91% 215.20%
Pe 39.40 42.07 48.72 35.25 30.98
PS Ratio 1.33 1.64 1.56 1.63 1.73
PB Ratio 2.26 2.88 2.36 2.20 2.15
P/TBV Ratio 2.27 2.88 2.36 2.20 2.15
P/FCF Ratio 46.81 14.42 26.36 - 51.73
P/OCF Ratio 26.27 12.11 18.64 - 24.46
EV/Sales Ratio 1.47 1.77 1.82 1.94 1.88
EV/EBITDA Ratio 13.06 14.43 14.07 13.14 11.70
EV/EBIT Ratio 19.69 21.74 27.71 20.81 18.26
EV/FCF Ratio 51.89 15.62 30.76 - 56.01
Debt / Equity Ratio 0.25 0.35 0.49 0.51 0.27
Debt / EBITDA Ratio 1.29 1.64 2.49 2.55 1.36
Debt / FCF Ratio 5.11 1.77 5.45 - 6.51
Asset Turnover 115.70% 111.50% 91.50% 86.70% 89.00%
Inventory Turnover 60.00% 56.80% 45.00% 44.70% 45.40%
Quick Ratio 0.45 0.29 0.23 0.21 0.23
Current Ratio 2.28 2.07 1.80 1.71 2.34
Roe 5.72% 6.86% 4.87% 6.18% 6.99%
Return on Assets (ROA) 5.40% 5.68% 3.76% 5.04% 5.72%
Return on Capital (ROIC) 6.41% 6.32% 4.17% 5.60% 6.35%
Return on Capital Employed (ROCE) 0.13 0.14 0.10 0.12 0.12
Earningsyield 2.54% 2.38% 2.05% 2.84% 3.23%
FCF Yield 2.14% 6.94% 3.79% -7.12% 1.93%
Dividend Yield 2.69% 2.26% 2.71% 3.06% 3.49%
Payout Ratio 89.35% 77.99% 113.15% 98.00% 79.83%
Totalreturn 2.69% 2.26% 2.71% 3.06% 3.49%

Price History

Jul 21, 2010 — Jan 25, 2026 1825 Records
Date Open High Low Close Volume
2026-01-25 2.36 2.40 2.32 2.40 1,301
2026-01-24 2.40 2.48 2.30 2.36 7,269
2026-01-22 2.40 2.48 2.30 2.36 7,269
2026-01-21 2.52 2.52 2.50 2.50 520
2026-01-19 2.54 2.54 2.54 2.54 6
2026-01-18 2.54 2.54 2.42 2.54 690
2026-01-15 2.54 2.54 2.54 2.54 244
2026-01-14 2.54 2.54 2.42 2.42 2,391
2026-01-13 2.42 2.54 2.42 2.54 583
2026-01-12 2.56 2.56 2.56 2.56 250
2026-01-11 2.56 2.56 2.56 2.56 250
2026-01-09 2.58 2.58 2.48 2.58 2,589
2026-01-08 2.58 2.58 2.48 2.58 2,589
2026-01-07 2.50 2.50 2.50 2.50 500
2025-12-29 2.50 2.58 2.50 2.58 201
2025-12-28 2.50 2.58 2.50 2.58 201
2025-12-19 2.58 2.58 2.58 2.58 115
2025-12-18 2.58 2.58 2.58 2.58 115
2025-12-17 2.58 2.58 2.58 2.58 200
2025-12-16 2.58 2.58 2.58 2.58 200
2025-12-15 2.56 2.58 2.46 2.58 1,651
2025-12-14 2.60 2.60 2.56 2.60 154
2025-12-12 2.60 2.60 2.60 2.60 1,102
2025-12-11 2.60 2.60 2.60 2.60 1,102
2025-12-04 2.60 2.60 2.60 2.60 7
2025-12-03 2.60 2.60 2.60 2.60 7
2025-12-02 2.60 2.60 2.60 2.60 12
2025-11-27 2.46 2.58 2.46 2.58 250
2025-11-26 2.46 2.58 2.46 2.58 250
2025-11-25 2.58 2.58 2.44 2.44 37
2025-11-19 2.46 2.58 2.46 2.58 33
2025-11-18 2.56 2.56 2.56 2.56 100
2025-11-17 2.52 2.52 2.46 2.46 140
2025-11-12 2.46 2.56 2.46 2.56 120
2025-11-11 2.48 2.50 2.46 2.46 591
2025-11-07 2.58 2.58 2.58 2.58 200
2025-11-06 2.48 2.58 2.48 2.50 273
2025-11-05 2.50 2.60 2.48 2.60 302
2025-11-04 2.50 2.50 2.50 2.50 5
2025-11-03 2.60 2.60 2.60 2.60 50
2025-10-28 2.60 2.60 2.60 2.60 100
2025-10-24 2.50 2.60 2.50 2.60 101
2025-10-23 2.58 2.58 2.50 2.58 71
2025-10-22 2.60 2.60 2.60 2.60 100
2025-10-21 2.54 2.54 2.52 2.52 320
2025-10-20 2.60 2.60 2.54 2.54 170
2025-10-17 2.60 2.60 2.60 2.60 150
2025-10-16 2.60 2.60 2.60 2.60 13
2025-10-13 2.54 2.54 2.54 2.54 170
2025-10-10 2.64 2.64 2.64 2.64 15