Planet Based Foods Global Inc (PBF) AI Stock Analysis

• Market Cap: C$2.10M
• Dividend Yield: N/A
• Average Volume (3M): 11.41K
• Price to Earnings (P/E): 1.4
• Beta (1Y): -0.12
• Revenue Growth: -170.36%
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Healthcare
• Sector Strength: 45
• Industry: Drug Manufacturers - Specialty & Generic
• EPS (TTM): -0.01
• Shares Outstanding: 34,985,233
• 10 Day Avg. Volume: 21,705
• 30 Day Avg. Volume: 11,408
• PEG Ratio: 0.01
• Price to Book (P/B): -0.52
• Price to Sales (P/S): 5.11
• P/FCF Ratio: -1.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: C$0.06 ▼(-5.00% Downside)

The score is primarily constrained by very weak financial performance (ongoing losses, cash burn, and negative equity). Technicals also lean bearish with the stock below key moving averages and negative MACD. Valuation looks optically cheap on P/E, but confidence is tempered by weak earnings quality and lack of dividend support; corporate events are mixed and only modestly offset the downside.

Positive Factors

Structural Market Position

Operating in the plant-based meat and dairy-alternative segment places the company within a multi-year structural growth market driven by shifting consumer preferences and retail adoption. This market exposure provides durable demand potential if the company can scale distribution and product penetration.

Lower Financial Leverage

Reported reductions in total debt since 2023 ease near-term leverage pressures and lower fixed financing costs. Structurally, reduced debt improves financial flexibility and extends runway for operational improvements, decreasing creditor stress and the likelihood of emergency refinancing in the medium term.

Revenue Diversification Initiative

A royalty agreement introduces a non‑sales revenue stream that can produce recurring cash flows independent of unit volume. Combined with corporate governance continuity from AGM approvals, this structural move can stabilize inflows and support strategic execution if royalty receipts scale materially.

Negative Factors

Persistent Cash Burn

Ongoing negative operating and free cash flow indicate structural cash burn rather than temporary fluctuations. Over months, this necessitates external financing or asset sales, increasing dilution risk and constraining the company's ability to invest in distribution, product development, or margin improvement initiatives.

Negative Equity

Meaningfully negative stockholders' equity is a structural balance-sheet impairment that limits borrowing capacity and heightens creditor negotiation risks. Persistent negative equity undermines long-term financial flexibility and increases the probability of distressed financing or recapitalization if operational recovery does not occur.

Weak Revenue and Earnings Quality

Small, inconsistent revenue and repeated negative gross profit suggest limited product-market fit and fragile unit economics. Swings in reported net income driven by non-operating effects reduce confidence in sustainable margins; without durable revenue growth, profitability and cash generation remain uncertain.

Planet Based Foods Global Inc Business Overview & Revenue Model

Company Description

Planet Based Foods Global Inc. manufactures and sells vegan meat-analog based products derived from hemp proteins. It offers burgers, crumbles, breakfast sausage patties, and other products. The company also sells products through online. Planet Based Foods Global Inc. is headquartered in Vancouver, Canada.

How the Company Makes Money

Planet Based Foods Global Inc makes money through the sale of its plant-based food products. The primary revenue stream comes from distribution agreements with retailers and foodservice providers who stock and sell PBF's products. Additionally, the company may engage in direct-to-consumer sales through its online platform. Strategic partnerships with food distributors and collaborations with restaurants further enhance its market presence and contribute to its earnings. By continuously innovating and expanding its product line, Planet Based Foods Global Inc aims to capture a growing share of the plant-based food market, leveraging consumer trends towards sustainable and health-conscious eating.

Planet Based Foods Global Inc Financial Statement Overview

Summary

Planet Based Foods Global Inc faces significant financial challenges with consistent losses, negative equity, and poor cash flow management. The income statement shows persistent losses, with negative EBIT and EBITDA margins. The balance sheet reveals negative stockholders' equity, indicating financial instability. Cash flow is negative, highlighting cash management challenges.

Income Statement

The company has been unable to generate positive gross or net profit margins, showing persistent losses over the years. There is no significant revenue growth, and the EBIT and EBITDA margins are negative, indicating ongoing operational inefficiencies.

Balance Sheet

The balance sheet reveals a negative stockholders' equity, suggesting financial instability. The debt-to-equity ratio is concerningly high due to negative equity, which poses significant risks. The equity ratio is also negative, which is a critical red flag for solvency.

Cash Flow

The company exhibits negative free cash flow and negative operating cash flow, indicating cash management challenges. The free cash flow growth rate is negative, showing a deterioration in cash generation capability over time.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	-196.16K	217.93K	227.27K	229.00K	0.00	0.00
Gross Profit	-92.70K	-98.99K	-100.55K	-8.06K	0.00	0.00
EBITDA	-1.11M	-1.60M	-2.89M	-4.11M	-1.51M	-97.86K
Net Income	183.98K	-1.84M	-2.96M	-4.85M	-4.65M	-137.16K
Balance Sheet
Total Assets	28.09K	21.38K	507.83K	2.13M	6.61M	791.74K
Cash, Cash Equivalents and Short-Term Investments	1.85K	1.54K	55.05K	1.08M	5.43M	22.41K
Total Debt	438.57K	458.20K	597.23K	8.00K	454.79K	156.08K
Total Liabilities	1.05M	2.17M	1.60M	475.65K	755.83K	228.68K
Stockholders Equity	-1.02M	-2.15M	-1.09M	1.65M	5.85M	563.05K
Cash Flow
Free Cash Flow	-274.73K	-827.61K	-1.84M	-3.74M	-2.06M	-186.37K
Operating Cash Flow	-274.73K	-827.61K	-1.84M	-3.65M	-1.93M	-102.65K
Investing Cash Flow	0.00	0.00	0.00	-80.67K	111.95K	-51.74K
Financing Cash Flow	272.30K	774.14K	811.34K	-581.49K	7.22M	152.72K

Planet Based Foods Global Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PBF, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.48 is Neutral, 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:PBF.

Planet Based Foods Global Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
STPH	49 Neutral	C$889.83K	2.31	-13.46%	―	―	―
BBM	42 Neutral	C$4.95M	-2.70	-150.44%	―	55.74%	-27.59%
PBF	41 Neutral	C$2.10M	1.43	271.59%	―	-170.36%	―

Planet Based Foods Global Inc Corporate Events

Planet Based Foods Halts Singapore Subsidiary Plans

Planet Based Foods Global Inc. has decided not to proceed with the establishment of its wholly owned subsidiary in Singapore, PBFG Trade Pte. Ltd., as previously announced. This decision may impact the company’s strategic expansion plans in Asia, potentially affecting its market positioning and stakeholder expectations in the region.

Planet Based Foods Global Inc. Reports Successful AGM Outcomes

Planet Based Foods Global Inc. announced the results of its annual general meeting, where shareholders approved all proposed matters, including the appointment of directors and auditors, and the approval of an evergreen security-based compensation arrangement. This outcome supports the company’s operational continuity and strategic initiatives, reinforcing its commitment to sustainable food solutions and aligning with evolving consumer values.

Planet Based Foods Clarifies Director Nominee List for Upcoming Shareholder Meeting

Planet Based Foods Global Inc. has issued a clarification regarding its management information circular for the upcoming annual general meeting of shareholders. The company mistakenly listed its Chief Financial Officer, Supreet Bhullar, as a nominee for director election, which has been corrected. The correct nominees are Kerem Akbas, David Eaton, Olha Yushchenko, Beata Jirava, Ceri Cukran, and William Blake Aaron. This correction has been filed on SEDAR+ and posted to the company’s investor relations website, ensuring shareholders are accurately informed ahead of the meeting.

Planet Based Foods Announces Leadership Changes and New Singapore Subsidiary

Planet Based Foods Global Inc. has announced significant corporate changes, including the appointment of Kerem Akbas as the new CEO, President, and Chair of the Board, succeeding Claire Skillen. Akbas, a Turkish-Canadian entrepreneur with a strong background in finance and business development, will not receive direct compensation until the company achieves positive cash flow. Additionally, Andrew McLeod has been appointed as interim Corporate Secretary, and the company has established a subsidiary in Singapore to support its international operations and partnerships. These strategic moves are part of the company’s growth strategy and organizational realignment, aimed at enhancing its industry positioning and operational efficiency.