Comparing Borealis Foods (BRLS) & Its Peers

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

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	-1.68%
Borealis Foods Competitors	-28.46%	-31.99%	-7.16%

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. 65.7% of Borealis Foods shares are owned by insiders. Comparatively, 20.0% of shares of all “Food & kindred products” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Volatility and Risk

Borealis Foods has a beta of -0.15, indicating that its share price is 115% less volatile than the S&P 500. Comparatively, Borealis Foods’ rivals have a beta of 1.04, indicating that their average share price is 4% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current recommendations and price targets for Borealis Foods and its rivals, 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	318	1292	1489	30	2.39

As a group, “Food & kindred products” companies have a potential upside of 25.14%. Given Borealis Foods’ rivals higher possible upside, analysts clearly believe Borealis Foods has less favorable growth aspects than its rivals.

Valuation & Earnings

This table compares Borealis Foods and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Borealis Foods	N/A	-$300,000.00	-21.09
Borealis Foods Competitors	$7.54 billion	$686.90 million	4.27

Borealis Foods’ rivals have higher revenue and earnings than Borealis Foods. Borealis Foods is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Borealis Foods rivals beat Borealis Foods on 5 of the 9 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.