Comparing Borealis Foods (BRLS) and Its Peers

Borealis Foods (NASDAQ:BRLS) is one of 38 publicly-traded companies in the “Food & kindred products” industry, but how does it compare to its competitors? We will compare Borealis Foods to similar companies based on the strength of its profitability, dividends, earnings, valuation, analyst recommendations, risk and institutional ownership.

Analyst Recommendations

This is a summary of recent ratings and target prices for Borealis Foods and its competitors, 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	319	1292	1489	30	2.39

As a group, “Food & kindred products” companies have a potential upside of 23.44%. Given Borealis Foods’ competitors higher probable upside, analysts plainly believe Borealis Foods has less favorable growth aspects than its competitors.

Volatility and Risk

Borealis Foods has a beta of -0.16, meaning that its share price is 116% less volatile than the S&P 500. Comparatively, Borealis Foods’ competitors have a beta of 1.08, meaning that their average share price is 8% more volatile than the S&P 500.

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%

Earnings and Valuation

This table compares Borealis Foods and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Borealis Foods	N/A	-$300,000.00	-23.43
Borealis Foods Competitors	$7.55 billion	$686.90 million	5.91

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 & Insider 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 hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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.