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ABVE
Upturn stock ratingUpturn stock rating

Above Food Ingredients Inc. Common Stock (ABVE)

Upturn stock ratingUpturn stock rating
$0.69
Delayed price
Profit since last BUY0%
upturn advisory
Consider higher Upturn Star rating
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Upturn Advisory Summary

03/27/2025: ABVE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit -1.62%
Avg. Invested days 88
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 18.07M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 294702
Beta -0.05
52 Weeks Range 0.25 - 13.50
Updated Date 03/1/2025
52 Weeks Range 0.25 - 13.50
Updated Date 03/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.52

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -14.47%
Operating Margin (TTM) -16.51%

Management Effectiveness

Return on Assets (TTM) -15.51%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 103901935
Price to Sales(TTM) 0.05
Enterprise Value 103901935
Price to Sales(TTM) 0.05
Enterprise Value to Revenue 0.38
Enterprise Value to EBITDA -
Shares Outstanding 28500000
Shares Floating 6477497
Shares Outstanding 28500000
Shares Floating 6477497
Percent Insiders 19.12
Percent Institutions 4.37

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Above Food Ingredients Inc. Common Stock

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Company Overview

History and Background

Above Food Ingredients Inc. is a plant-based food company focused on developing and distributing innovative ingredient solutions and consumer products. Founded relatively recently, it has rapidly expanded through acquisitions and partnerships to establish a vertically integrated supply chain.

Core Business Areas

  • Specialty Ingredients: Production and supply of plant-based ingredients such as proteins, starches, and fibers for food manufacturers.
  • Consumer Packaged Goods: Development, manufacturing, and distribution of plant-based food products, including plant-based meat, dairy alternatives, and baked goods.

Leadership and Structure

Information regarding the leadership team and organizational structure of Above Food Ingredients Inc. is not available.

Top Products and Market Share

Key Offerings

  • Plant-Based Protein Isolates: Above Food provides plant-based protein isolates to food manufacturers. Market share data is not readily available. Competitors include Ingredion (INGR) and Roquette Fru00e8res.
  • Plant-Based Meat Alternatives: Above Food develops and sells plant-based meat alternatives directly to consumers and food service providers. Market share data is not readily available. Competitors include Beyond Meat (BYND) and Impossible Foods (private).

Market Dynamics

Industry Overview

The plant-based food industry is experiencing significant growth, driven by increasing consumer demand for healthier and more sustainable food options. This growth is fueled by concerns about animal welfare, environmental impact, and personal health.

Positioning

Above Food aims to differentiate itself through its vertically integrated supply chain, which allows for greater control over ingredient quality and cost. Its competitive advantage lies in its ability to offer both ingredients and finished products.

Total Addressable Market (TAM)

The global plant-based food market is projected to reach hundreds of billions of dollars. Above Food is positioned to capture a significant share of this market, leveraging its integrated model and expanding product portfolio.

Upturn SWOT Analysis

Strengths

  • Vertically integrated supply chain
  • Diverse product portfolio
  • Focus on sustainability
  • Strong growth potential

Weaknesses

  • Relatively young company
  • Limited brand recognition
  • Dependent on acquisitions for growth
  • High competition

Opportunities

  • Expanding plant-based food market
  • Increasing consumer awareness of sustainability
  • Partnerships with food service providers
  • Geographic expansion

Threats

  • Intense competition
  • Fluctuations in commodity prices
  • Changing consumer preferences
  • Regulatory challenges

Competitors and Market Share

Key Competitors

  • BYND
  • INGR
  • ADM
  • IFF

Competitive Landscape

Above Food faces intense competition from established players in the food ingredients and plant-based food industries. Its ability to differentiate through vertical integration and innovation will be crucial for success.

Major Acquisitions

Sonic Milling

  • Year: 2021
  • Acquisition Price (USD millions): 20
  • Strategic Rationale: To expand its ingredient processing capabilities.

Growth Trajectory and Initiatives

Historical Growth: Historical growth trends are difficult to assess due to the company's relative youth and reliance on acquisitions.

Future Projections: Future growth projections are not readily available from analyst estimates.

Recent Initiatives: Recent initiatives may include new product launches, strategic partnerships, and expansion into new markets.

Summary

Above Food Ingredients Inc. is a plant-based food company with a vertically integrated supply chain and diverse product portfolio. However, the company is relatively young and faces intense competition. Its success hinges on effective execution of its growth strategy and continued innovation, along with awareness of the plant based food industry trends.

Similar Companies

  • BYND
  • ADM
  • IFF
  • ELSE.V

Sources and Disclaimers

Data Sources:

  • Company Website
  • Industry Reports
  • Public Filings (where available)

Disclaimers:

The information provided is based on publicly available data and is for informational purposes only. It should not be considered financial advice. Market share and financial data are estimates due to limited information availability.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Above Food Ingredients Inc. Common Stock

Exchange NASDAQ
Headquaters Regina, SK, Canada
IPO Launch date 2024-07-01
Co-Founder, Executive Chairman & CEO Mr. Lionel Kambeitz
Sector Consumer Defensive
Industry Packaged Foods
Full time employees -
Full time employees -

Above Food Ingredients Inc., a regenerative ingredient company, produces vertically integrated supply chain products in Canada, the United States, Mexico, China, France, Turkey, and internationally. It operates through two segments: Disruptive Agriculture and Rudimentary Ingredients, and Consumer Packaged Goods. The Disruptive Agriculture and Rudimentary Ingredients segment engages in the provisioning of discrete genetics, origination, purchasing, grading, processing, and sale of regeneratively grown grain; and origination, purchase, and sale of bespoke ingredients products. The Consumer Packaged Goods segment formulates, manufactures, sells, distributes, and markets proprietary consumer product formulations in owned brands; and focuses on manufacturing and distribution for private-labeled retail owned brands. Above Food Ingredients Inc. is based in Regina, Canada.

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