BRLS (Borealis Foods) EV-to-EBITDA: -4.38 (As of Jul. 25, 2026)

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 Borealis Foods EV-to-EBITDA?

Borealis Foods BRLS +8.08% EV-to-EBITDA is -4.38 as of Jul. 25, 2026. The stock has 4 warning signs investors should review. Among 1,642 Consumer Packaged Goods companies, Borealis Foods ranks worse than 60901.28% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Borealis Foods's enterprise value is $45.78 Mil. Borealis Foods's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-10.45 Mil. Therefore, Borealis Foods's EV-to-EBITDA for today is -4.38.

The historical rank and industry rank for Borealis Foods's EV-to-EBITDA or its related term are showing as below:

BRLS' s EV-to-EBITDA Range Over the Past 10 Years
Min: -15.75   Med: -8.63   Max: -3.66
Current: -4.38

During the past 5 years, the highest EV-to-EBITDA of Borealis Foods was -3.66. The lowest was -15.75. And the median was -8.63.

BRLS's EV-to-EBITDA is ranked worse than
100% of 1642 companies
in the Consumer Packaged Goods industry
Industry Median: 8.97 vs BRLS: -4.38

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-25), Borealis Foods's stock price is $0.935. Borealis Foods's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.850. Therefore, Borealis Foods's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Borealis Foods  (NAS:BRLS) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Borealis Foods's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.935/-0.850
=At Loss

Borealis Foods's share price for today is $0.935.
Borealis Foods's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.850.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Borealis Foods EV-to-EBITDA Related Terms


Borealis Foods EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Borealis Foods's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Borealis Foods EV-to-EBITDA Chart

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
0.00 0.00 0.00 -8.80 -6.23

Borealis Foods Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.77 -8.72 -8.42 -6.23 -5.38

BRLS vs HRGN, DTEAF, STCB: EV-to-EBITDA Comparison

For the Packaged Foods subindustry, Borealis Foods's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Borealis Foods EV-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borealis Foods's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Borealis Foods's EV-to-EBITDA falls into.



Borealis Foods EV-to-EBITDA Calculation

Borealis Foods's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=45.778/-10.447
=-4.38

Borealis Foods's current Enterprise Value is $45.78 Mil.
Borealis Foods's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.45 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -4.38 mean?
Borealis Foods (BRLS) has a EV-to-EBITDA of -4.38 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Borealis Foods. According to the industry distribution chart, Borealis Foods ranks #999999 out of 1642 companies in the Consumer Packaged Goods industry.
Is Borealis Foods' EV-to-EBITDA too high?
Borealis Foods' current EV-to-EBITDA is -4.38. Based on the distribution chart, Borealis Foods ranks #999999 out of 1642 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Borealis Foods' EV-to-EBITDA compare to HRGN and DTEAF?
According to the Consumer Packaged Goods industry distribution chart, Borealis Foods ranks #999999 out of 1642 companies for EV-to-EBITDA. This places Borealis Foods in the lower half of its industry. The industry median EV-to-EBITDA is 8.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 8.97, based on 1,642 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Borealis Foods. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borealis Foods's current EV-to-EBITDA is -4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Foods stock overvalued right now?
Borealis Foods (BRLS) has a current EV-to-EBITDA of -4.38. The current EV-to-EBITDA is -4.38. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Borealis Foods (BRLS), the current EV-to-EBITDA is -4.38 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Borealis Foods Business Description

Address 1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5
Borealis Foods Inc is a food technology integrator with a mission to address food security challenges through the development and commercialization of tasty, affordable, and sustainable functional foods. Borealis has developed a range of high-quality, affordable, sustainable, and nutritious premium, ready-to-eat meals sold in the United States, Canada, Central America, South America, and Europe. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing solutions to address food challenges.