Borealis Foods (NASDAQ:BRLS – Get Free Report) 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 businesses based on the strength of its profitability, analyst recommendations, institutional ownership, earnings, dividends, valuation and risk.
Volatility and Risk
Borealis Foods has a beta of -0.16, suggesting that its stock price is 116% less volatile than the S&P 500. Comparatively, Borealis Foods’ peers have a beta of 1.08, suggesting that their average stock price is 8% more volatile than the S&P 500.
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% |
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Borealis Foods | 0 | 0 | 0 | 0 | N/A |
Borealis Foods Competitors | 319 | 1292 | 1489 | 30 | 2.39 |
As a group, “Food & kindred products” companies have a potential upside of 21.81%. Given Borealis Foods’ peers higher possible upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its peers.
Earnings and Valuation
This table compares Borealis Foods and its peers gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Borealis Foods | N/A | -$300,000.00 | -19.05 |
Borealis Foods Competitors | $7.54 billion | $686.90 million | 6.60 |
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.
Insider & Institutional Ownership
34.7% of Borealis Foods shares are owned by institutional investors. Comparatively, 51.6% of shares of all “Food & kindred products” companies are owned by institutional investors. 16.2% of Borealis Foods shares are owned by insiders. Comparatively, 18.0% of shares of all “Food & kindred products” companies are owned 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 7 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.
Receive News & Ratings for Borealis Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Borealis Foods and related companies with MarketBeat.com's FREE daily email newsletter.