Borealis Foods (NASDAQ:BRLS – Get Free Report) is one of 38 public companies in the “Food & kindred products” industry, but how does it compare to its competitors? We will compare Borealis Foods to related businesses based on the strength of its earnings, institutional ownership, profitability, dividends, valuation, analyst recommendations and risk.
Insider and Institutional 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 company insiders. Comparatively, 18.0% of shares of all “Food & kindred products” companies are held by company 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.
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 | -$300,000.00 | -19.05 |
Borealis Foods Competitors | $7.54 billion | $686.90 million | 6.60 |
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 | -1.68% |
Borealis Foods Competitors | -28.46% | -31.99% | -7.16% |
Risk & Volatility
Borealis Foods has a beta of -0.16, suggesting that its stock price is 116% less volatile than the S&P 500. Comparatively, Borealis Foods’ competitors have a beta of 1.08, suggesting that their average stock price is 8% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of current ratings for Borealis Foods and its competitors, 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 | 319 | 1292 | 1489 | 30 | 2.39 |
As a group, “Food & kindred products” companies have a potential upside of 21.81%. Given Borealis Foods’ competitors higher probable upside, analysts clearly believe Borealis Foods has less favorable growth aspects than its competitors.
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.
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