Borealis Foods (NASDAQ:BRLS – Get Free Report) is one of 36 publicly-traded companies in the “Food & kindred products” industry, but how does it contrast to its rivals? We will compare Borealis Foods to similar companies based on the strength of its risk, earnings, analyst recommendations, profitability, institutional ownership, dividends and valuation.
Institutional & Insider Ownership
34.7% of Borealis Foods shares are held by institutional investors. Comparatively, 48.6% of shares of all “Food & kindred products” companies are held by institutional investors. 65.7% of Borealis Foods shares are held by company insiders. Comparatively, 20.9% 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 will outperform the market over the long term.
Earnings & Valuation
This table compares Borealis Foods and its rivals revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Borealis Foods | N/A | -$2.94 million | -18.76 |
Borealis Foods Competitors | $7.93 billion | $736.20 million | 7.04 |
Volatility and Risk
Borealis Foods has a beta of -0.15, suggesting that its share price is 115% less volatile than the S&P 500. Comparatively, Borealis Foods’ rivals have a beta of 1.07, suggesting that their average share price is 7% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of current ratings and target prices for Borealis Foods and its rivals, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Borealis Foods | 0 | 0 | 0 | 0 | N/A |
Borealis Foods Competitors | 294 | 1114 | 1200 | 26 | 2.36 |
As a group, “Food & kindred products” companies have a potential upside of 18.30%. Given Borealis Foods’ rivals higher possible upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its rivals.
Profitability
This table compares Borealis Foods and its rivals’ 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 | -32.08% | -37.11% | -8.48% |
Summary
Borealis Foods rivals 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.
Receive News & Ratings for Borealis Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Borealis Foods and related companies with MarketBeat.com's FREE daily email newsletter.