Borealis Foods (BRLS) and Its Rivals Critical Review

Borealis Foods (NASDAQ:BRLS) is one of 38 public companies in the “Food & kindred products” industry, but how does it weigh in compared to its peers? We will compare Borealis Foods to related companies based on the strength of its institutional ownership, analyst recommendations, valuation, risk, earnings, profitability and dividends.

Valuation and Earnings

This table compares Borealis Foods and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Borealis Foods	N/A	-$300,000.00	-21.07
Borealis Foods Competitors	$7.54 billion	$686.90 million	6.06

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.

Analyst Ratings

This is a breakdown of recent recommendations for Borealis Foods and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Borealis Foods	0	0	0	0	N/A
Borealis Foods Competitors	318	1292	1489	30	2.39

As a group, “Food & kindred products” companies have a potential upside of 25.15%. Given Borealis Foods’ peers higher probable upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its peers.

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	-28.46%	-31.99%	-7.16%

Volatility and Risk

Borealis Foods has a beta of -0.15, meaning that its stock price is 115% less volatile than the S&P 500. Comparatively, Borealis Foods’ peers have a beta of 1.04, meaning that their average stock price is 4% more volatile than the S&P 500.

Insider and Institutional Ownership

34.7% of Borealis Foods shares are held by institutional investors. Comparatively, 51.6% of shares of all “Food & kindred products” companies are held by institutional investors. 65.7% of Borealis Foods shares are held by insiders. Comparatively, 20.0% of shares of all “Food & kindred products” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

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.