Borealis Foods (NASDAQ:BRLS – Get Free Report) is one of 38 publicly-traded companies in the “Food & kindred products” industry, but how does it compare to its peers? We will compare Borealis Foods to related businesses based on the strength of its earnings, valuation, dividends, institutional ownership, risk, analyst recommendations and profitability.
Institutional and Insider 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, 18.0% of shares of all “Food & kindred products” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Volatility and Risk
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’ peers have a beta of 1.08, meaning that their average share price is 8% more volatile than the S&P 500.
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Borealis Foods | 0 | 0 | 0 | 0 | N/A |
Borealis Foods Competitors | 319 | 1292 | 1489 | 30 | 2.39 |
As a group, “Food & kindred products” companies have a potential upside of 23.44%. Given Borealis Foods’ peers higher probable 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% |
Valuation and Earnings
This table compares Borealis Foods and its peers gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Borealis Foods | N/A | -$300,000.00 | -23.43 |
Borealis Foods Competitors | $7.55 billion | $686.90 million | 5.91 |
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.
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. 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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