Critical Survey: Borealis Foods (BRLS) versus Its Rivals

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 related companies based on the strength of its dividends, valuation, analyst recommendations, earnings, institutional ownership, risk and profitability.

Valuation and Earnings

This table compares Borealis Foods and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Borealis Foods	N/A	-$2.94 million	-19.05
Borealis Foods Competitors	$7.55 billion	$686.90 million	5.76

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.

Volatility and Risk

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 0.88, suggesting that their average share price is 12% less volatile than the S&P 500.

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. 16.2% of Borealis Foods shares are owned by company insiders. Comparatively, 17.1% of shares of all “Food & kindred products” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock 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	-12.25%
Borealis Foods Competitors	-28.33%	-32.16%	-7.04%

Analyst Recommendations

This is a summary of current recommendations for Borealis Foods and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Borealis Foods	0	0	0	0	N/A
Borealis Foods Competitors	320	1295	1494	30	2.39

As a group, “Food & kindred products” companies have a potential upside of 19.46%. Given Borealis Foods’ peers higher probable upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its peers.

Summary

Borealis Foods peers 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. 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.