Critical Analysis: Borealis Foods (BRLS) vs. Its Competitors

Borealis Foods (NASDAQ:BRLS) is one of 177 public companies in the “Packaged Foods” 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 risk, institutional ownership, valuation, analyst recommendations, earnings, profitability and dividends.

Earnings and Valuation

This table compares Borealis Foods and its peers 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	$1.62 billion	$50.13 million	205.82

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.

Risk and Volatility

Borealis Foods has a beta of 0.02, suggesting that its share price is 98% less volatile than the S&P 500. Comparatively, Borealis Foods’ peers have a beta of 0.77, suggesting that their average share price is 23% less volatile than the S&P 500.

Institutional and Insider Ownership

34.7% of Borealis Foods shares are owned by institutional investors. Comparatively, 27.3% of shares of all “Packaged Foods” companies are owned by institutional investors. 16.2% of Borealis Foods shares are owned by insiders. Comparatively, 30.7% of shares of all “Packaged Foods” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

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	-12.25%
Borealis Foods Competitors	-32.26%	-256.57%	-11.99%

Analyst Ratings

This is a breakdown of current ratings and target prices for Borealis Foods and its peers, as provided 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	488	2017	2633	42	2.43

As a group, “Packaged Foods” companies have a potential upside of 0.68%. Given Borealis Foods’ peers higher possible upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its peers.

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. Its products include Chef Woo, a high-protein instant ramen with 20 grams of plant-based complete protein; and Ramen Express, a vegetarian ramen noodles. The company is based in Oakville, Canada.