Borealis Foods (NASDAQ:BRLS – Get Free Report) is one of 38 publicly-traded companies in the “Food & kindred products” industry, but how does it contrast to its peers? We will compare Borealis Foods to similar businesses based on the strength of its profitability, institutional ownership, analyst recommendations, valuation, risk, dividends and earnings.
Insider and Institutional Ownership
34.7% of Borealis Foods shares are owned by institutional investors. Comparatively, 50.6% of shares of all “Food & kindred products” companies are owned by institutional investors. 65.7% of Borealis Foods shares are owned by company insiders. Comparatively, 20.1% of shares of all “Food & kindred products” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Earnings and Valuation
This table compares Borealis Foods and its peers top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Borealis Foods | N/A | -$300,000.00 | -21.19 |
Borealis Foods Competitors | $7.55 billion | $686.90 million | 6.38 |
Volatility & 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.
Analyst Recommendations
This is a breakdown of recent ratings and price targets 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 24.29%. Given Borealis Foods’ peers higher possible upside, analysts clearly 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% |
Summary
Borealis Foods peers beat Borealis Foods on 6 of the 10 factors compared.
About Borealis Foods
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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