BSFC Stock Overview
Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada.
Blue Star Foods Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$1.48|
|52 Week High||US$8.00|
|52 Week Low||US$1.06|
|1 Month Change||10.45%|
|3 Month Change||-31.48%|
|1 Year Change||-76.47%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-26.73%|
Recent News & Updates
|BSFC||US Food||US Market|
Return vs Industry: BSFC underperformed the US Food industry which returned -3.4% over the past year.
Return vs Market: BSFC underperformed the US Market which returned -20.5% over the past year.
|BSFC Average Weekly Movement||11.2%|
|Food Industry Average Movement||6.9%|
|Market Average Movement||8.0%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: BSFC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: BSFC's weekly volatility has decreased from 27% to 11% over the past year.
About the Company
Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized various crab meats sourced primarily from Southeast Asia; and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Pacifika, Oceanica, Crab & Go Premium Seafood, Lubkin, First Choice, Good Stuff, Coastal Pride Fresh, and Little Cedar Falls brands.
Blue Star Foods Fundamentals Summary
|BSFC fundamental statistics|
Is BSFC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BSFC income statement (TTM)|
|Cost of Revenue||US$10.63m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.13|
|Net Profit Margin||-24.83%|
How did BSFC perform over the long term?See historical performance and comparison
Is BSFC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BSFC?
Other financial metrics that can be useful for relative valuation.
|What is BSFC's n/a Ratio?|
Price to Sales Ratio vs Peers
How does BSFC's PS Ratio compare to its peers?
|BSFC PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
Price-To-Sales vs Peers: BSFC is good value based on its Price-To-Sales Ratio (2.9x) compared to the peer average (29.3x).
Price to Earnings Ratio vs Industry
How does BSFC's PE Ratio compare vs other companies in the U.S. Food Industry?
Price-To-Sales vs Industry: BSFC is expensive based on its Price-To-Sales Ratio (2.9x) compared to the US Food industry average (1.1x)
Price to Sales Ratio vs Fair Ratio
What is BSFC'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.
|Current PS Ratio||2.9x|
|Fair PS Ratio||3x|
Price-To-Sales vs Fair Ratio: BSFC is good value based on its Price-To-Sales Ratio (2.9x) compared to the estimated Fair Price-To-Sales Ratio (3x).
Share Price vs Fair Value
What is the Fair Price of BSFC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BSFC ($1.48) is trading below our estimate of fair value ($23.61)
Significantly Below Fair Value: BSFC is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BSFC's PEG Ratio to determine if it is good value.
Discover undervalued companies
How is Blue Star Foods forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSFC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: BSFC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BSFC is expected to become profitable in the next 3 years.
Revenue vs Market: BSFC's revenue (28.1% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: BSFC's revenue (28.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BSFC's Return on Equity is forecast to be high in 3 years time
Discover growth companies
How has Blue Star Foods performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSFC is currently unprofitable.
Growing Profit Margin: BSFC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BSFC is unprofitable, and losses have increased over the past 5 years at a rate of 19.9% per year.
Accelerating Growth: Unable to compare BSFC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BSFC is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (13.1%).
Return on Equity
High ROE: BSFC has a negative Return on Equity (-32.72%), as it is currently unprofitable.
Discover strong past performing companies
How is Blue Star Foods's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: BSFC's short term assets ($13.5M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: BSFC's short term assets ($13.5M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: BSFC's net debt to equity ratio (54.3%) is considered high.
Reducing Debt: BSFC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BSFC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BSFC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Discover healthy companies
What is Blue Star Foods's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BSFC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BSFC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BSFC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BSFC's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as BSFC has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Keeler (49 yo)
Mr. John R. Keeler is a Founder and has been an Executive Chairman of Blue Star Foods Corp. since November 08, 2018 and also serves as its Chief Executive Officer since August 7, 2019. He also served as Se...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD103.11K) is below average for companies of similar size in the US market ($USD758.64K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: BSFC's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Experienced Board: BSFC's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.4%.
Blue Star Foods Corp.'s employee growth, exchange listings and data sources
- Name: Blue Star Foods Corp.
- Ticker: BSFC
- Exchange: NasdaqCM
- Founded: 1995
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: US$29.797m
- Shares outstanding: 25.04m
- Website: https://www.bluestarfoods.com
Number of Employees
- Blue Star Foods Corp.
- 3000 NW 109th Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.