Functional Brands Inc. (MEHA) vs Stryve Foods, Inc. (SNAX)

Functional Brands Inc. and Stryve Foods, Inc. are both Packaged Foods companies. Stryve Foods, Inc. is the larger, with a market value of $3.1M against $1.9M — 1.6× the size. Stryve Foods, Inc. has the higher net margin (−79.1% vs −126.9%) and the lower return on invested capital (−80.5% vs 0.00%). Across the 12 metrics below, Functional Brands Inc. leads on 6 and Stryve Foods, Inc. on 6.

Valuation

Metric MEHA SNAX Packaged Foods median
P/E n/m n/m 12.69
P/S n/m n/m 0.61
P/B n/m n/m 1.47
Price to free cash flow n/m n/m 8.50
EV/EBITDA n/m n/m 8.20
EV/Sales 0.19 0.80 0.85
Earnings yield 0.00% 0.00% 0.00%
Free cash flow yield 0.00% 0.00% 6.05%

Profitability

Metric MEHA SNAX Packaged Foods median
Gross margin 55.64% 19.67% 27.54%
Operating margin (47.94%) (60.43%) 0.00%
Net margin (126.93%) (79.06%) 0.00%
Free cash flow margin (42.70%) (32.10%) 2.56%
Return on equity 553.71% 4,761.53% 0.00%
Return on assets (263.75%) (45.80%) 0.00%
Return on invested capital 0.00% (80.53%) 0.00%

Growth

Metric MEHA SNAX Packaged Foods median
Revenue growth (TTM) — (4.28%) 5.69%
EPS growth (last fiscal year) 112.50% 46.95% —
Revenue growth, 5-year CAGR — — 3.81%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric MEHA SNAX Packaged Foods median
Debt to equity (0.54) (2.45) 0.26
Current ratio 0.49 0.38 1.64
Net debt to EBITDA 1.88 (1.22) 0.87

Dividend

Metric MEHA SNAX Packaged Foods median
Dividend yield — — 3.21%
Payout ratio — 0.00 0.00

Size

Metric MEHA SNAX Packaged Foods median
Market cap 1.92m 3.12m 245.45m

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