Blender Bites Valuation

Is BITE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BITE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BITE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BITE's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BITE?

Key metric: As BITE is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BITE. This is calculated by dividing BITE's market cap by their current revenue.
What is BITE's PS Ratio?
PS Ratio	1.4x
Sales	CA$5.42m
Market Cap	CA$7.64m

BITE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.7x
Enterprise Value/EBITDA	-2.5x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does BITE's PS Ratio compare to its peers?

The above table shows the PS ratio for BITE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2.1x
GFCO Good Flour	6.6x	n/a	CA$8.7m
BABY Else Nutrition Holdings	0.6x	n/a	CA$6.3m
PEAS.H Global Food and Ingredients	0.06x	n/a	CA$6.8m
YAY THS Maple Holdings	0.9x	n/a	CA$9.4m
BITE Blender Bites	1.4x	n/a	CA$7.6m

Price-To-Sales vs Peers: BITE is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (5.1x).

Price to Sales Ratio vs Industry

How does BITE's PS Ratio compare vs other companies in the CA Food Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
SWP Swiss Water Decaffeinated Coffee	0.2x	5.1%	US$27.28m
IRO Inter-Rock Minerals	0.2x	n/a	US$14.88m
PEAS.H Global Food and Ingredients	0.06x	n/a	US$4.94m
JTR.H GreenSpace Brands	0.2x	n/a	US$1.92m

8 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: BITE is expensive based on its Price-To-Sales Ratio (1.4x) compared to the Canadian Food industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is BITE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BITE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BITE's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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