Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Modern Plant Based Foods Inc. is a food enterprise that specializes in the creation and distribution of plant-derived meat substitute products throughout Canada and the United States. Its extensive product line includes vegan meat and dairy alternatives, nourishing soups, and wholesome plant-based snacks, all offered under brand names like Modern Meat, KitsKitchen, Snacks From The Sun, and Modern Wellness Bar. These items are available to consumers via a variety of channels, including major supermarkets, natural food stores, independent retailers, and digital e-commerce platforms. The company, which was rebranded from Modern Meat Inc. in February 2021, maintains its principal office in Vancouver, Canada.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers.