Big Rock Brewery Inc (TSE:BR)
TSX:BR
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Big Rock Brewery
(TSX:BR)
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Rating:41Neutral
Price Target:
C$0.84
▲(11.87% Upside)
Action:ReiteratedDate:12/11/25
Big Rock Brewery's stock is currently facing significant challenges. The most impactful factor is the poor financial performance, with consistent net losses and cash flow issues. Technical analysis indicates bearish momentum, with the stock trading below key moving averages and oversold conditions. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield. These factors collectively result in a low overall stock score.
Positive Factors
Diversified revenue streams
Big Rock's multi-channel model (packaged, draft, DTC, restaurant, events, distributor ties) creates durable revenue diversification. This reduces dependence on a single channel, smooths seasonal swings, and supports brand reach and resilience over the next several months as channels recover or shift.
Negative Factors
Consistent net losses and negative profitability
A sustained negative net margin near -21% shows the business is not currently generating operating profits after expenses. Persistent losses erode equity, limit reinvestment capacity, and require either sustained cash support or rapid margin improvements to restore long-term financial health.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue streams
Big Rock's multi-channel model (packaged, draft, DTC, restaurant, events, distributor ties) creates durable revenue diversification. This reduces dependence on a single channel, smooths seasonal swings, and supports brand reach and resilience over the next several months as channels recover or shift.
Read all positive factors
Big Rock Brewery (BR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$16.41M
Dividend YieldN/A
Average Volume (3M)1.88K
Price to Earnings (P/E)―
Beta (1Y)0.55
Revenue Growth25.86%
EPS Growth-62.85%
CountryCA
Employees92
SectorConsumer Defensive
Sector Strength42
IndustryBeverages - Alcoholic
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding24,493,948
10 Day Avg. Volume600
30 Day Avg. Volume1,880
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.84
Price to Sales (P/S)0.18
P/FCF Ratio-1.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Big Rock Brewery Business Overview & Revenue Model
Company Description
Big Rock Brewery Inc. produces, markets, and distributes craft beers, ciders, and ready-to-drink beverages primarily in Canada. The company operates through two segments, Wholesale and Retail. It offers a selection of beer, ciders, and RTD beverag...
How the Company Makes Money
Big Rock Brewery generates revenue primarily through the sale of its craft beers, which are distributed across various channels including retail locations, bars, restaurants, and through direct-to-consumer sales at its brewery and online. The comp...
Big Rock Brewery Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 53.70M | 43.36M | 43.68M | 47.10M | 45.98M | 43.98M |
| Gross Profit | 14.62M | 10.71M | 12.95M | 10.48M | 14.82M | 16.48M |
| EBITDA | -6.00M | -7.97M | 2.62M | -4.20M | 632.00K | 3.62M |
| Net Income | -9.54M | -13.47M | -2.93M | -7.10M | -3.26M | -666.00K |
Balance Sheet | ||||||
| Total Assets | 47.66M | 40.06M | 52.79M | 51.63M | 54.82M | 51.95M |
| Cash, Cash Equivalents and Short-Term Investments | 724.00K | 372.00K | 1.04M | 612.00K | 228.00K | 252.00K |
| Total Debt | 11.68M | 18.90M | 19.59M | 17.52M | 14.58M | 9.06M |
| Total Liabilities | 21.83M | 30.87M | 30.27M | 26.42M | 23.12M | 17.13M |
| Stockholders Equity | 25.83M | 9.20M | 22.53M | 25.20M | 31.70M | 34.82M |
Cash Flow | ||||||
| Free Cash Flow | -6.76M | -4.81M | -2.63M | -2.62M | -7.37M | 3.08M |
| Operating Cash Flow | -4.79M | -1.49M | -2.36M | -1.33M | 962.00K | 4.33M |
| Investing Cash Flow | -2.31M | -479.00K | 827.00K | -966.00K | -5.25M | -1.25M |
| Financing Cash Flow | 6.73M | 1.30M | 1.96M | 2.69M | 4.26M | -3.18M |
Big Rock Brewery Technical Analysis
Negative
0.75
Price Trends
0.82
Negative
0.82
Negative
0.93
Negative
Market Momentum
-0.04
Positive
27.91
Positive
>-0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BR, the sentiment is Negative. The current price of 0.75 is below the 20-day moving average (MA) of 0.79, below the 50-day MA of 0.82, and below the 200-day MA of 0.93, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 27.91 is Positive, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BR.
Big Rock Brewery Peers Comparison
UnderperformOutperform
Sector (62)
TSE:BR
Big Rock Brewery
0.67
-0.34
-33.66%
TSE:ADW.A
Andrew Peller A NV
5.34
0.70
15.09%
TSE:DWS
Diamond Estates Wines & Spirits
0.16
-0.04
-17.95%
TSE:RUM
Rocky Mountain Liquor
0.10
0.00
0.00%
TSE:TPX.A
Molson Coors Canada
66.50
-15.52
-18.93%
TSE:TPX.B
Molson Coors Canada
60.87
-22.46
-26.96%
Big Rock Brewery Corporate Events
Business Operations and StrategyExecutive/Board Changes
Big Rock Brewery Adds Logistics Veteran and New VN Capital Representative to Board
Positive
Jan 9, 2026
Big Rock Brewery has strengthened its board with the appointment of logistics and distribution veteran Pat Carey, former CEO of Wallace Carey and co-founder of warehousing-optimization software firm Sitewise Solutions, as part of its strategy to ...
Business Operations and StrategyFinancial Disclosures
Big Rock Brewery Reports Strong Q3 2025 Results with 36% Sales Increase
Positive
Nov 7, 2025
Big Rock Brewery Inc. announced a significant increase in sales volumes and financial performance for the third quarter of 2025. The company reported a 36% increase in sales volumes and a 27.4% rise in net revenue compared to the same period in 20...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.