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Modern Meat (MEAT) AI Stock Analysis
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Modern Meat
(CNQX:MEAT)
The score is held down primarily by weak financial performance—negative margins, ongoing losses and cash burn, and a strained balance sheet with negative equity and higher debt. Technicals provide a partial offset with the stock trading above major moving averages and generally strong momentum readings, but valuation remains challenged due to continued unprofitability and no dividend yield.
Modern Meat (MEAT) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 514.63K
- Dividend Yield
- ―
- Average Volume (3M)
- 5,020
- Price to Earnings (P/E)
- -0.8
- Beta (1Y)
- 1.16
- Revenue Growth
- -3.70%
- EPS Growth
- 51.27%
- Country
- Canada
- Employees
- 5
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Packaged Foods
Modern Meat Business Overview & Revenue Model
Company Description
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 alternati...
How the Company Makes Money
Modern Meat makes money primarily by selling plant-based meat alternative products. Revenue is generated through (1) product sales to retail customers via grocery and specialty food retailers/distributors and (2) product sales to foodservice customer...
Modern Meat Financial Statement Overview
Summary
Financials remain very weak despite some improvement: revenue is small and declining (~-1.8% TTM), gross margin is negative, and profitability is deeply negative (net margin near -96%). Cash flow is still negative (TTM operating/free cash flow around -$0.32M) and the balance sheet is highly constrained with negative shareholders’ equity and higher debt, limiting flexibility and raising funding risk.
Income Statement
12Very NegativeBalance Sheet
9Very NegativeCash Flow
18Very Negative| Breakdown | TTM | Nov 2025 | Nov 2024 | Aug 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 579.64K | 568.24K | 625.48K | 751.35K | 1.65M | 2.27M |
| Gross Profit | -100.59K | -65.78K | 125.03K | 103.72K | 23.15K | 386.90K |
| EBITDA | -348.93K | -625.98K | -643.00K | -8.18M | -11.31M | -5.84M |
| Net Income | -603.41K | -850.16K | -810.00K | -8.29M | -11.59M | -6.18M |
Balance Sheet | ||||||
| Total Assets | 1.03M | 1.06M | 612.77K | 702.53K | 1.24M | 3.48M |
| Cash, Cash Equivalents and Short-Term Investments | 14.28K | 69.59K | 166.08K | 57.71K | 216.60K | 647.49K |
| Total Debt | 2.29M | 1.79M | 1.31M | 657.92K | 166.79K | 527.87K |
| Total Liabilities | 3.27M | 2.81M | 2.27M | 1.66M | 1.13M | 1.67M |
| Stockholders Equity | -2.23M | -1.75M | -1.65M | -952.32K | 108.91K | 1.83M |
Cash Flow | ||||||
| Free Cash Flow | -320.36K | -475.49K | -552.20K | -1.45M | -1.98M | -4.82M |
| Operating Cash Flow | -320.36K | -475.49K | -552.20K | -1.44M | -1.98M | -4.07M |
| Investing Cash Flow | 0 | 8 | 0 | 317.93K | -5,207 | -733.46K |
| Financing Cash Flow | 200.00K | 380.00K | 662.66K | 971.23K | 1.56M | 2.66M |
Modern Meat Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MEAT, the sentiment is Negative. The current price of 0.07 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.09, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 36.03 is Neutral, neither overbought nor oversold. The STOCH value of is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:MEAT.
Modern Meat Peers Comparison
Overall Rating
- TSE:MEAT46Neutral
TSE:CULT37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| TSE:MEAT | 46Neutral | CAD 514.63K | -0.79 | 30.06% | ― | -3.70% | 51.27% |
| TSE:CULT | 37Underperform | CAD 641.26K | -0.37 | -9999.00% | ― | 3288.96% | 50.66% |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:MEAT | Modern Plant Based Foods Inc. | 0.07 | -0.12 | -63.16% | |
| TSE:MOOO.X | Happy Supplements Inc. | 0.35 | -0.05 | -12.50% | |
| TSE:CULT | Cult Food Science Corp. | 0.26 | -0.74 | -74.00% |
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.
Date of analysis: Sep 25, 2026