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ABVE
Upturn stock ratingUpturn stock rating

Above Food Ingredients Inc. Common Stock (ABVE)

Upturn stock ratingUpturn stock rating
$1.86
Last Close (24-hour delay)
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PASS
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Upturn Advisory Summary

08/29/2025: ABVE (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 14.09%
Avg. Invested days 113
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/29/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 58.36M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -0.28
52 Weeks Range 0.25 - 7.00
Updated Date 06/29/2025
52 Weeks Range 0.25 - 7.00
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.76

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -23.36%
Operating Margin (TTM) -23.25%

Management Effectiveness

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

Valuation

Trailing PE -
Forward PE -
Enterprise Value 129602864
Price to Sales(TTM) 0.2
Enterprise Value 129602864
Price to Sales(TTM) 0.2
Enterprise Value to Revenue 0.6
Enterprise Value to EBITDA -
Shares Outstanding 28500000
Shares Floating 20960132
Shares Outstanding 28500000
Shares Floating 20960132
Percent Insiders 10.65
Percent Institutions 12.26

ai summary icon Upturn AI SWOT

Above Food Ingredients Inc. Common Stock

stock logo

Company Overview

overview logo History and Background

Above Food Ingredients Inc. focused on plant-based ingredients, aiming to supply food manufacturers. Due to financial issues, the company voluntarily delisted its stock and is currently in creditor protection, significantly altering its operational status. Founded in 2016, it aimed to revolutionize food processing.

business area logo Core Business Areas

  • Plant-Based Ingredients: Production and supply of plant-based protein ingredients like pulses and grains to food manufacturers.
  • Specialty Foods: Manufacturing of specific plant-based products for retail and food service.

leadership logo Leadership and Structure

The organizational structure included a CEO and executive team overseeing various departments. Given the creditor protection status, leadership is transitioning towards restructuring.

Top Products and Market Share

overview logo Key Offerings

  • Pulse-Based Protein Isolates: Concentrated protein ingredients from pulses like lentils and peas. Market share was relatively small compared to established players. Competitors: Ingredion, Roquette.
  • Plant-Based Dairy Alternatives: Plant-based milk and cheese alternatives. Market share was niche but growing. Competitors: Oatly, Danone (Alpro).

Market Dynamics

industry overview logo Industry Overview

The plant-based food industry is experiencing significant growth, driven by increasing consumer demand for healthier and sustainable food options.

Positioning

Above Food Ingredients Inc. aimed to be a vertically integrated player in the plant-based ingredients market. Given the current restructuring and creditor protection, the positioning has become unstable. While they once had some differentiation because of their vertical integration, their current lack of funding hinders this competitive advantage

Total Addressable Market (TAM)

The total addressable market for plant-based foods is estimated at billions of dollars annually. Above Food Ingredients Inc.'s position regarding TAM is now diminished due to its financial difficulties.

Upturn SWOT Analysis

Strengths

  • Vertical Integration
  • Plant-Based Focus
  • Brand Recognition (Prior to financial difficulties)
  • Innovative Product Development (Historically)

Weaknesses

  • Financial Instability
  • Limited Market Share
  • Operational Challenges
  • Delisted Stock

Opportunities

  • Growing Plant-Based Market
  • Strategic Partnerships (Potentially post-restructuring)
  • New Product Development
  • Government Incentives (Potentially post-restructuring)

Threats

  • Intense Competition
  • Changing Consumer Preferences
  • Supply Chain Disruptions
  • Economic Downturn

Competitors and Market Share

competitor logo Key Competitors

  • INGR
  • ADM
  • IFF

Competitive Landscape

Above Food Ingredients Inc. faces significant competition from larger, more established players. Its advantage of vertical integration was negated by its financial struggles.

Major Acquisitions

Better Bean Company

  • Year: 2021
  • Acquisition Price (USD millions): 12
  • Strategic Rationale: Expanded its plant-based product portfolio and distribution network.

Growth Trajectory and Initiatives

Historical Growth: Growth was pursued aggressively, leading to debt and financial instability.

Future Projections: Future growth prospects are highly uncertain given the creditor protection and restructuring.

Recent Initiatives: Previously focused on expanding product lines and market reach, but current initiatives center on financial restructuring.

Summary

Above Food Ingredients Inc. showed early promise in the plant-based food market, but its aggressive growth strategy led to financial distress and creditor protection. The company's vertical integration, once a strength, is now a disadvantage as it struggles to restructure. Its future depends on its ability to successfully navigate its creditor protection and regain investor confidence. Investors should be aware of the high level of risk involved if the stock becomes relisted after the restructuring.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (historical)
  • Industry reports
  • Financial news sources

Disclaimers:

This analysis is based on publicly available information and analyst estimates. The financial situation of Above Food Ingredients Inc. is rapidly evolving and subject to change. The company is currently in creditor protection. Delisting is in place. Analyst data is lagging.

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 & President 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.