Borealis Foods (NASDAQ:BRLS – Get Free Report) is one of 38 publicly-traded companies in the “Food & kindred products” industry, but how does it compare to its peers? We will compare Borealis Foods to related businesses based on the strength of its institutional ownership, analyst recommendations, profitability, valuation, risk, dividends and earnings.
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, 18.0% of shares of all “Food & kindred products” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds 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 | -1.68% |
Borealis Foods Competitors | -28.46% | -31.99% | -7.16% |
Earnings & 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 |
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.
Risk & Volatility
Borealis Foods has a beta of -0.16, indicating that its share price is 116% less volatile than the S&P 500. Comparatively, Borealis Foods’ peers have a beta of 1.08, indicating that their average share price is 8% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of current recommendations for Borealis Foods and its peers, 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 | 319 | 1292 | 1489 | 30 | 2.39 |
As a group, “Food & kindred products” companies have a potential upside of 21.81%. Given Borealis Foods’ peers higher possible upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its peers.
Summary
Borealis Foods peers 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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