Borealis Foods (NASDAQ:BRLS – Get Free Report) is one of 37 publicly-traded companies in the “Food & kindred products” industry, but how does it contrast to its competitors? We will compare Borealis Foods to similar companies based on the strength of its earnings, profitability, institutional ownership, analyst recommendations, dividends, valuation and risk.
Earnings & Valuation
This table compares Borealis Foods and its competitors revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Borealis Foods | N/A | -$2.94 million | -18.76 |
Borealis Foods Competitors | $7.76 billion | $716.66 million | 7.43 |
Borealis Foods’ competitors have higher revenue and earnings than Borealis Foods. Borealis Foods is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Borealis Foods | N/A | N/A | -12.25% |
Borealis Foods Competitors | -29.68% | -34.14% | -7.68% |
Institutional and Insider Ownership
34.7% of Borealis Foods shares are held by institutional investors. Comparatively, 48.6% of shares of all “Food & kindred products” companies are held by institutional investors. 65.7% of Borealis Foods shares are held by insiders. Comparatively, 20.9% of shares of all “Food & kindred products” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Volatility and Risk
Borealis Foods has a beta of -0.15, suggesting that its share price is 115% less volatile than the S&P 500. Comparatively, Borealis Foods’ competitors have a beta of 1.06, suggesting that their average share price is 6% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of recent ratings for Borealis Foods and its competitors, 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 | 294 | 1135 | 1272 | 26 | 2.38 |
As a group, “Food & kindred products” companies have a potential upside of 18.49%. Given Borealis Foods’ competitors higher possible upside, analysts clearly believe Borealis Foods has less favorable growth aspects than its competitors.
Summary
Borealis Foods competitors beat Borealis Foods on 7 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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