Critical Analysis: Eastside Distilling (BLNE) and Its Peers

Risk and Volatility

Eastside Distilling has a beta of 1.6, indicating that its share price is 60% more volatile than the S&P 500. Comparatively, Eastside Distilling’s rivals have a beta of 1.23, indicating that their average share price is 23% more volatile than the S&P 500.

Earnings & Valuation

This table compares Eastside Distilling and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Eastside Distilling	$9.54 million	-$7.53 million	-0.05
Eastside Distilling Competitors	$15.27 billion	$1.97 billion	59.76

Eastside Distilling’s rivals have higher revenue and earnings than Eastside Distilling. Eastside Distilling is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Eastside Distilling and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Eastside Distilling	-74.63%	-2,066.36%	-31.99%
Eastside Distilling Competitors	-67.80%	-225.50%	-17.07%

Institutional & Insider Ownership

0.6% of Eastside Distilling shares are owned by institutional investors. Comparatively, 41.2% of shares of all “Beverages” companies are owned by institutional investors. 20.4% of Eastside Distilling shares are owned by company insiders. Comparatively, 27.9% of shares of all “Beverages” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Eastside Distilling rivals beat Eastside Distilling on 8 of the 9 factors compared.

Eastside Distilling Company Profile

Eastside Distilling, Inc. manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning and Bottling. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand. It also offers gin and ready-to-drink products; and canning and bottling services to the craft beer and cider industries. The company sells its products on a wholesale basis to distributors in the United States. Eastside Distilling, Inc. was founded in 2008 and is headquartered in Portland, Oregon.