Analyzing Borealis Foods (BRLS) and The Competition

Borealis Foods (NASDAQ:BRLS) 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 similar companies based on the strength of its institutional ownership, risk, profitability, valuation, analyst recommendations, earnings and dividends.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations 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 25.15%. Given Borealis Foods’ peers higher possible upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its peers.

Insider and 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. 65.7% of Borealis Foods shares are owned by company insiders. Comparatively, 20.0% of shares of all “Food & kindred products” companies are owned by company 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.

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%

Earnings & 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	-$300,000.00	-21.07
Borealis Foods Competitors	$7.54 billion	$686.90 million	6.06

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 -0.15, indicating that its share price is 115% less volatile than the S&P 500. Comparatively, Borealis Foods’ peers have a beta of 1.04, indicating that their average share price is 4% more volatile than the S&P 500.

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.