BRC Inc. (BRCC) vs Niagen Bioscience, Inc. (NAGE)

BRC Inc. and Niagen Bioscience, Inc. are both Packaged Foods companies. BRC Inc. is the larger, with a market value of $244.5M against $166.6M — 1.5× the size. BRC Inc. has negative trailing earnings, so its P/E is not meaningful; Niagen Bioscience, Inc. trades at 16.1×. BRC Inc. grew revenue faster over the last twelve months: 11.7% against −1.94%. Niagen Bioscience, Inc. has the higher net margin (8.37% vs −1.53%) and the higher return on invested capital (22.0% vs −8.45%). Across the 19 metrics below, Niagen Bioscience, Inc. leads on 14 and BRC Inc. on 5.

Valuation

Metric BRCC NAGE Packaged Foods median
P/E n/m 16.08 12.84
P/S 0.27 1.35 0.67
P/B 1.73 1.99 1.58
Price to free cash flow 24.39 15.92 8.97
EV/EBITDA n/m 16.73 8.34
EV/Sales 0.32 0.80 0.97
Earnings yield (10.48%) 6.22% 2.16%
Free cash flow yield 4.10% 6.28% 5.54%

Profitability

Metric BRCC NAGE Packaged Foods median
Gross margin 34.06% 63.86% 28.37%
Operating margin (2.78%) 3.90% 2.53%
Net margin (1.53%) 8.37% 0.53%
Free cash flow margin 1.10% 3.99% 2.31%
Return on equity (9.42%) 13.32% 0.00%
Return on assets (3.32%) 9.90% 0.00%
Return on invested capital (8.45%) 22.00% 0.00%

Growth

Metric BRCC NAGE Packaged Foods median
Revenue growth (TTM) 11.66% (1.94%) 3.59%
EPS growth (last fiscal year) (225.00%) 81.82% 4.57%
Revenue growth, 5-year CAGR 19.43% 16.91% 3.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BRCC NAGE Packaged Foods median
Debt to equity 0.47 0.00 0.18
Current ratio 1.59 5.93 1.84
Net debt to EBITDA (2.69) (3.80) 0.73

Dividend

Metric BRCC NAGE Packaged Foods median
Dividend yield — — 3.68%
Payout ratio — — 0.62

Size

Metric BRCC NAGE Packaged Foods median
Market cap 244.48m 166.56m 268.23m

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