Financial Contrast: Borealis Foods (BRLS) and The Competition

Borealis Foods (NASDAQ:BRLS) is one of 35 publicly-traded companies in the “Food & kindred products” industry, but how does it weigh in compared to its competitors? We will compare Borealis Foods to similar companies based on the strength of its risk, analyst recommendations, institutional ownership, earnings, dividends, profitability and valuation.

Risk and 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’ competitors have a beta of 0.99, indicating that their average share price is 1% less volatile than the S&P 500.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Borealis Foods	$29.27 million	-$300,000.00	-20.76
Borealis Foods Competitors	$8.08 billion	$756.18 million	5.13

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.

Insider & Institutional Ownership

34.7% of Borealis Foods shares are held by institutional investors. Comparatively, 48.9% 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 endowments, large money managers and hedge funds believe a stock 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	-1.68%
Borealis Foods Competitors	-30.99%	-32.82%	-7.20%

Analyst Recommendations

This is a breakdown of current ratings 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	245	1169	1436	30	2.43

As a group, “Food & kindred products” companies have a potential upside of 27.67%. Given Borealis Foods’ competitors higher probable upside, analysts clearly believe Borealis Foods has less favorable growth aspects than its competitors.

Summary

Borealis Foods competitors beat Borealis Foods on 6 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.