Borealis Foods (NASDAQ:BRLS – Get Free Report) is one of 35 public companies in the “Food & kindred products” industry, but how does it compare to its peers? We will compare Borealis Foods to similar businesses based on the strength of its profitability, risk, institutional ownership, dividends, earnings, analyst recommendations and valuation.
Institutional & Insider Ownership
34.7% of Borealis Foods shares are held by institutional investors. Comparatively, 48.9% of shares of all “Food & kindred products” companies are held by institutional investors. 65.7% of Borealis Foods shares are held by insiders. Comparatively, 20.9% of shares of all “Food & kindred products” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Analyst Ratings
This is a summary of current recommendations and price targets for Borealis Foods and its peers, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Borealis Foods | 0 | 0 | 0 | 0 | N/A |
Borealis Foods Competitors | 245 | 1169 | 1436 | 30 | 2.43 |
Profitability
This table compares Borealis Foods and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Borealis Foods | N/A | N/A | -1.68% |
Borealis Foods Competitors | -30.99% | -32.82% | -7.20% |
Volatility & Risk
Borealis Foods has a beta of -0.16, indicating that its share price is 116% less volatile than the S&P 500. Comparatively, Borealis Foods’ peers have a beta of 0.99, indicating that their average share price is 1% less volatile than the S&P 500.
Earnings & Valuation
This table compares Borealis Foods and its peers revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Borealis Foods | $29.27 million | -$300,000.00 | -20.76 |
Borealis Foods Competitors | $8.08 billion | $756.18 million | 5.13 |
Borealis Foods’ peers have higher revenue and earnings than Borealis Foods. Borealis Foods is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
Borealis Foods peers beat Borealis Foods on 6 of the 10 factors compared.
Borealis Foods Company Profile
Borealis Foods Inc. engages in the distribution of plant-based protein food products. The company's product includes Chef Woo, a high-protein meat alternative; and Ramen Express, vegetarian ramen noodles. Borealis Foods Inc. was incorporated in 2020 and is based in Oakville, Canada.
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