Contrasting Borealis Foods (BRLS) and Its Rivals

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

Institutional & Insider Ownership

34.7% of Borealis Foods shares are held by institutional investors. Comparatively, 51.0% of shares of all “Food & kindred products” companies are held by institutional investors. 65.7% of Borealis Foods shares are held by insiders. Comparatively, 19.7% 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 company is poised for long-term growth.

Volatility and Risk

Borealis Foods has a beta of -0.15, meaning that its stock price is 115% less volatile than the S&P 500. Comparatively, Borealis Foods’ competitors have a beta of 1.05, meaning that their average stock price is 5% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations and price targets for Borealis Foods and its competitors, 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	302	1199	1449	30	2.41

As a group, “Food & kindred products” companies have a potential upside of 21.95%. Given Borealis Foods’ competitors higher probable upside, analysts clearly believe Borealis Foods has less favorable growth aspects than its competitors.

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	-19.05
Borealis Foods Competitors	$7.74 billion	$714.79 million	8.13

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

This table compares Borealis Foods and its competitors’ 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	-30.03%	-34.53%	-7.73%

Summary

Borealis Foods competitors 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.