BRC Inc. (BRCC) vs Beyond Meat, Inc. (BYND)

BRC Inc. and Beyond Meat, Inc. are both Packaged Foods companies. BRC Inc. is the larger, with a market value of $226.3M against $170.0M — 1.3× the size. BRC Inc. grew revenue faster over the last twelve months: 10.5% against −14.1%. Beyond Meat, Inc. has the higher net margin (100.0% vs −0.89%) and the lower return on invested capital (−75.1% vs −2.77%). Across the 18 metrics below, BRC Inc. leads on 14 and Beyond Meat, Inc. on 4.

Valuation

Metric BRCC BYND Packaged Foods median
P/E n/m n/m 12.69
P/S 0.25 0.54 0.61
P/B 1.48 2.46 1.47
Price to free cash flow 8.50 n/m 8.50
EV/EBITDA 18.82 n/m 8.20
EV/Sales 0.30 1.31 0.85
Earnings yield (3.25%) (226.57%) 0.00%
Free cash flow yield 11.77% (83.57%) 6.05%

Profitability

Metric BRCC BYND Packaged Foods median
Gross margin 33.95% 5.61% 27.54%
Operating margin (0.96%) (117.31%) 0.00%
Net margin (0.89%) 100.01% 0.00%
Free cash flow margin 2.98% (45.01%) 2.56%
Return on equity (7.00%) (83.47%) 0.00%
Return on assets (1.77%) 41.37% 0.00%
Return on invested capital (2.77%) (75.06%) 0.00%

Growth

Metric BRCC BYND Packaged Foods median
Revenue growth (TTM) 10.49% (14.11%) 5.69%
EPS growth (last fiscal year) (225.00%) 23.46% —
Revenue growth, 5-year CAGR 19.43% (7.50%) 3.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BRCC BYND Packaged Foods median
Debt to equity 0.43 6.57 0.26
Current ratio 1.42 2.63 1.64
Net debt to EBITDA (2.69) (0.98) 0.87

Dividend

Metric BRCC BYND Packaged Foods median
Dividend yield — — 3.21%
Payout ratio 0.00 0.00 0.00

Size

Metric BRCC BYND Packaged Foods median
Market cap 226.26m 170.00m 245.45m

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