Borealis Foods (NASDAQ:BRLS – Get Free Report) is one of 37 public companies in the “Food & kindred products” industry, but how does it weigh in compared to its rivals? We will compare Borealis Foods to similar businesses based on the strength of its earnings, dividends, analyst recommendations, institutional ownership, risk, profitability and valuation.
Risk & Volatility
Borealis Foods has a beta of -0.16, meaning that its share price is 116% less volatile than the S&P 500. Comparatively, Borealis Foods’ rivals have a beta of 1.11, meaning that their average share price is 11% more volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent ratings and recommmendations for Borealis Foods and its rivals, 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 | 221 | 1072 | 1452 | 26 | 2.46 |
Insider & 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. 16.2% of Borealis Foods shares are held by insiders. Comparatively, 17.9% of shares of all “Food & kindred products” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Borealis Foods and its rivals revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Borealis Foods | N/A | -$2.94 million | -19.05 |
Borealis Foods Competitors | $7.47 billion | $680.56 million | 4.47 |
Borealis Foods’ rivals have higher revenue and earnings than Borealis Foods. Borealis Foods is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares Borealis Foods and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Borealis Foods | N/A | N/A | -12.25% |
Borealis Foods Competitors | -30.75% | -35.43% | -8.05% |
Summary
Borealis Foods rivals beat Borealis Foods on 8 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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