MDRNF (Modern Plant Based Foods) Defensive Interval Ratio

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Modern Plant Based Foods Defensive Interval Ratio?


Modern Plant Based Foods Business Description

Other Exchanges L3O0:GermanyMEAT:Canada
Address 700 West Georgia Street, Suite 2500, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Modern Plant Based Foods Inc. is a Canadian food company that develops, produces, and sells plant-based food products. Its portfolio includes meat alternatives such as burgers, meatballs, crumbles, and crabcakes, along with dairy-free cheeses, soups, sauces, and vegan snacks. The company markets its products under brands including Modern Meat and Modern Wellness, selling through grocery retailers, natural and specialty food stores, foodservice accounts, and e-commerce channels, with distribution concentrated in British Columbia and other parts of Canada. Revenue is generated primarily through wholesale and retail sales of its plant-based and health food products, supplemented by online direct-to-consumer orders. The company also pursues private-label and co-manufacturing opportunities and has sought to expand its distribution into international markets. It operates as a relatively small player in the competitive North American plant-based foods sector, where demand is driven by consumers seeking vegetarian, vegan, and flexitarian options.