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 similar businesses based on the strength of its risk, analyst recommendations, earnings, dividends, valuation, institutional ownership and profitability.
Analyst Ratings
This is a breakdown of current recommendations and price targets for Borealis Foods and its competitors, 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 | 320 | 1293 | 1490 | 30 | 2.39 |
As a group, “Food & kindred products” companies have a potential upside of 20.94%. Given Borealis Foods’ competitors higher probable upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its competitors.
Volatility & Risk
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 | $29.27 million | -$2.94 million | -19.05 |
Borealis Foods Competitors | $7.29 billion | $663.11 million | 6.70 |
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.
Institutional and Insider Ownership
34.7% of Borealis Foods shares are held by institutional investors. Comparatively, 50.6% 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.
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 | -28.46% | -31.99% | -7.16% |
Summary
Borealis Foods competitors 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. 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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