BRLS (Borealis Foods) Enterprise Value: $59.43 Mil (As of Jun. 26, 2026) ***


BRLS Borealis Foods Inc BRLS
2 GF Score
Price $1.51
! 4 Warning Signs
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What is Borealis Foods Enterprise Value?

Borealis Foods BRLS +4.14% 2 Enterprise Value is $59.43 Mil as of Jun. 26, 2026. GuruFocus rates BRLS with a GF Score™ of 2/100. The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Borealis Foods's Enterprise Value is $59.43 Mil. Borealis Foods's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-13.06 Mil. Therefore, Borealis Foods's EV-to-EBIT ratio for today is -4.55.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Borealis Foods's Enterprise Value is $59.43 Mil. Borealis Foods's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $-11.22 Mil. Therefore, Borealis Foods's EV-to-EBITDA ratio for today is -5.30.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Borealis Foods's Enterprise Value is $59.43 Mil. Borealis Foods's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $30.08 Mil. Therefore, Borealis Foods's EV-to-Revenue ratio for today is 1.98.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Borealis Foods's Enterprise Value is $59.43 Mil. Borealis Foods's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $-6.60 Mil. Therefore, Borealis Foods's EV-to-OCF ratio for today is -9.00.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Borealis Foods's Enterprise Value is $59.43 Mil. Borealis Foods's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-6.67 Mil. Therefore, Borealis Foods's EV-to-FCF ratio for today is -8.91.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Borealis Foods  (NAS:BRLS) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Borealis Foods's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=59.428/-13.059
=-4.55

Borealis Foods's current Enterprise Value is $59.43 Mil.
Borealis Foods's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.06 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=59.428/-11.219
=-5.30

Borealis Foods's current Enterprise Value is $59.43 Mil.
Borealis Foods's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.22 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Borealis Foods's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=59.428/30.08
=1.98

Borealis Foods's current Enterprise Value is $59.43 Mil.
Borealis Foods's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $30.08 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Borealis Foods's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=59.428/-6.6
=-9.00

Borealis Foods's current Enterprise Value is $59.43 Mil.
Borealis Foods's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.60 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Borealis Foods's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=59.428/-6.669
=-8.91

Borealis Foods's current Enterprise Value is $59.43 Mil.
Borealis Foods's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.67 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.


Borealis Foods Enterprise Value Related Terms


Borealis Foods Enterprise Value Historical Data

* Premium members only.

The historical data trend for Borealis Foods's Enterprise Value 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 Enterprise Value Chart

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
0.00 0.00 0.00 159.12 69.94

Borealis Foods Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Enterprise Value 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 159.12 171.21 110.44 92.29 69.94

BRLS vs LSF, JVA, STCB: Enterprise Value Comparison

For the Packaged Foods subindustry, Borealis Foods's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Borealis Foods's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Borealis Foods's Enterprise Value falls into.


BRLS
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Borealis Foods Inc BRLS
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Borealis Foods Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Borealis Foods's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Borealis Foods's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of $59.43 Mil mean?
Borealis Foods (BRLS) has a Enterprise Value of $59.43 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Borealis Foods and its competitors.
Is Borealis Foods' Enterprise Value too high?
Borealis Foods' current Enterprise Value is $59.43 Mil. Overall, Borealis Foods has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Borealis Foods' Enterprise Value compare to LSF and JVA?
Borealis Foods' Enterprise Value of $59.43 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Consumer Packaged Goods company?
A good Enterprise Value depends on the Consumer Packaged Goods industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Borealis Foods and its competitors. Borealis Foods's current Enterprise Value is $59.43 Mil. 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 Enterprise Value of $59.43 Mil. The current Enterprise Value is $59.43 Mil. Borealis Foods' overall GF Score™ is 2/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Borealis Foods (BRLS), the current Enterprise Value is $59.43 Mil as of Jun. 26, 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.
2GF Score

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