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Analyzing Very Good Food (VGFC) and Its Peers

Defense World ·  Sep 2, 2022 13:42

Very Good Food (NASDAQ:VGFC – Get Rating) is one of 33 publicly-traded companies in the "Food & kindred products" industry, but how does it compare to its peers? We will compare Very Good Food to similar companies based on the strength of its dividends, valuation, profitability, institutional ownership, risk, analyst recommendations and earnings.

Valuation & Earnings

This table compares Very Good Food and its peers gross revenue, earnings per share (EPS) and valuation.

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Gross Revenue Net Income Price/Earnings Ratio
Very Good Food $9.78 million -$43.53 million -0.50
Very Good Food Competitors $7.64 billion $1.07 billion 4.13

Very Good Food's peers have higher revenue and earnings than Very Good Food. Very Good Food is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Very Good Food and its peers' net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets
Very Good Food -406.44% -163.04% -71.29%
Very Good Food Competitors -153.93% -184.25% -16.77%

Analyst Ratings

This is a summary of recent recommendations for Very Good Food and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Very Good Food 0 0 0 0 N/A
Very Good Food Competitors 271 1087 1277 29 2.40

As a group, "Food & kindred products" companies have a potential upside of 35.16%. Given Very Good Food's peers higher probable upside, analysts clearly believe Very Good Food has less favorable growth aspects than its peers.

Insider and Institutional Ownership

60.2% of shares of all "Food & kindred products" companies are owned by institutional investors. 13.0% of shares of all "Food & kindred products" companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Very Good Food peers beat Very Good Food on 8 of the 9 factors compared.

Very Good Food Company Profile

(Get Rating)

The Very Good Food Company Inc., together with its subsidiaries, designs, develops, produces, distributes, and sells various plant-based cheese, meats, and other food alternatives. The company offers its products through its wholesale and e-commerce stores, and public markets, as well as the Butcher Shop & Restaurant under The Very Good Butchers brand. The company provides plant-based cheese brands comprising Bold Cheddah, a white cheddar style vegan cheese; Cheedah, a medium cheddar style vegan cheese; Dill'ish, a garlic and dill-havarti style vegan cheese; Goud AF, a smoky gouda style vegan cheese; and Pepper Jack, a monterey jack style vegan cheese. It also offers plant-based meat products comprising a line of sausages, steaks, burgers, and meatballs that is gluten-free, soy-free, and Non-GMO verified under Butcher's Select and The Very Good Butchers brands. The company distributes and sells its products in 10 provinces and three territories in Canada and 50 states in the United States through eCommerce, wholesale, and company owned butcher shops and restaurants operated under Victoria Flagship Store name located in Victoria, Canada. The company was formerly known as The Very Good Butchers Inc. and changed its name to The Very Good Food Company Inc. in October 2019. The Very Good Food Company Inc. was incorporated in 2016 and is headquartered in Vancouver, Canada.

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