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Burcon NutraScience Corporation (BU.TO)

CAD1.85 -0.02 (-1.07%)
CA TSX Consumer Defensive Packaged Foods
Address 1946 West Broadway V6J 1Z2
Vancouver, BC, CA
CEO Kip Underwood
Website burcon.ca
IPO 1999-03-19
ISIN CA1208313009

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Also trades on NASDAQ Capital Market · BRCN (USD) Other OTC · BRCNF (USD) Toronto Stock Exchange · BU.TO (CAD)
Description

Burcon NutraScience Corporation, along with its associated entities, is a Canadian enterprise specializing in the development and commercialization of plant-derived proteins and functional ingredients for the food and beverage sectors. Its extensive product line features Peazazz, a versatile pea protein suitable for a range of applications including dairy alternatives, ready-to-drink and dry-blended beverages, snack bars, baked goods, and meat substitutes. Also derived from peas, Peazac and Peazac 850 are tailored for plant-based meat alternatives, ready-to-mix powders and drinks, dairy-free options, and nutritional bars, particularly valued for their neutral taste profile and moderate textural properties. Among its canola-based proteins is Puratein, an isolate frequently utilized in meat alternatives such as burgers and sausages, as well as nutrition bars. Supertein, a pale-hued canola protein powder, is incorporated into non-dairy frozen desserts, egg replacers, plant-based marshmallows, ready-to-mix beverages, whipped toppings, and plant-based snack bars. Additionally, Nutratein, a canola protein composed of globulin and albumin, finds utility in meat and egg alternatives, alongside various other functional plant-based foods. Further expanding its offerings are Nutratein-PS and Nutratein-TZ, custom blends featuring its Peazac pea protein, alongside CLARISOY, a soy protein employed across sports nutrition beverages, citrus and fruit-flavored drinks, lemonades, powdered beverage mixes, and diverse other food and dietary items. Finally, MeritPro stands as a unique nutritional protein blend, distinguished by being allergen-free, gluten-free, dairy-free, non-GMO, and vegan-friendly. Originally incorporated in 1998 as Burcon Capital Corp., the firm rebranded to Burcon NutraScience Corporation in October 1999. Its corporate headquarters are situated in Vancouver, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD1.85 -0.02 (-1.07%)
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Volume Profile
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Liquidity & share structure
Average Volume
3.6K
Beta
2.90
Float Shares
7.76M
Free Float %
61.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.04% -0.51% -16.02% -17.80% +7.78% +19.02% -3.00% -55.91% -97.81% -96.51% -90.30%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1.85
Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-10.62
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Packaged Foods: +4.4%
    +493.8% Q1'26: +1,829.0% (vs Q1'25)
  • EPS growth Packaged Foods: +14.6%
    -5.7% Q1'26: -21.7% (vs Q1'25)
  • FCF margin FCF growth · Packaged Foods: +15.9%
    -697.2% Q1'26: -376.1% (vs Q1'25)
  • EBIT margin Packaged Foods: +7.9%
    -506.1% Q1'26: -429.8% (vs Q1'25)
  • ROIC Packaged Foods: +7.0%
    -64.9% Q1'26: -72.5% (vs Q1'25)
  • Share dilution Packaged Foods: +0.0%
    +62.3% Q1'26: +27.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Packaged Foods: 0.19×
    -2.80× Q1'26: -2.67× (vs Q1'25)
Valuation Multiples From To
DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (2.91) × ERP
WACC = 40% × Ke + 60% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.85
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
105.4K
est: 114.9K (-8.3%)
106.4K
est: 1.00M (-89.4%)
87.8K
est: 2.81M (-96.9%)
49.0K
est: 11.80M (-99.6%)
40.2K
est: 18.55M (-99.8%)
31.1K
est: 46.0K (-32.3%)
258.6K
est: 100.0K (+158.6%)
171.5K
est: 200.0K (-14.3%)
363.9K
est: 500.0K (-27.2%)
184.4K
est: 421.0K (-56.2%)
381.4K
est: 1.30M (-70.7%)
2.80M
2.80M – 2.80M
+115.4% YoY
14.00M
14.00M – 14.00M
+400.0% YoY
25.10M
25.10M – 25.10M
+79.3% YoY
EBITDA
-5.90M
est: -114.9K (-5,031.9%)
-5.91M
est: -1.00M (-491.0%)
-5.18M
est: -2.81M (-84.4%)
-5.21M
est: -11.80M (+55.9%)
-4.35M
est: -18.55M (+76.5%)
-3.69M
est: -46.0K (-7,912.7%)
-4.73M
est: -100.0K (-4,633.0%)
-9.92M
est: -200.0K (-4,862.2%)
-18.90M
est: -500.0K (-3,680.8%)
-6.23M
est: -421.0K (-1,380.2%)
-7.43M
est: -1.30M (-471.9%)
-2.80M
-2.80M – -2.80M
-115.4% YoY
-14.00M
-14.00M – -14.00M
-400.0% YoY
-25.10M
-25.10M – -25.10M
-79.3% YoY
EBIT
-6.58M
est: -114.9K (-5,627.3%)
-6.57M
est: -1.00M (-557.0%)
-5.55M
est: -2.81M (-97.7%)
-5.36M
est: -11.80M (+54.6%)
-4.45M
est: -18.55M (+76.0%)
-3.72M
est: -46.0K (-7,993.8%)
-4.86M
est: -100.0K (-4,756.2%)
-10.19M
est: -200.0K (-4,992.9%)
-19.57M
est: -500.0K (-3,813.0%)
-6.93M
est: -421.0K (-1,547.3%)
-7.70M
est: -1.30M (-492.3%)
-2.80M
-2.80M – -2.80M
-115.4% YoY
-14.00M
-14.00M – -14.00M
-400.0% YoY
-25.10M
-25.10M – -25.10M
-79.3% YoY
Net Income
-6.58M
est: -839.6K (-683.6%)
-6.57M
est: -13.89M (+52.7%)
-5.78M
est: -8.49M (+32.0%)
-5.62M
est: 6.17M (-191.1%)
-4.78M
est: 19.68M (-124.3%)
-4.63M
est: -6.47M (+28.3%)
-617.5K
est: -3.45M (+82.1%)
-10.26M
est: -11.64M (+11.9%)
-25.36M
est: -16.81M (-50.9%)
-7.45M
est: -734.4K (-913.9%)
-8.26M
est: -12.69M (+34.9%)
-11.93M
-11.93M – -11.93M
+6.0% YoY
-2.03M
-2.03M – -2.03M
+83.0% YoY
4.70M
4.70M – 4.70M
+331.3% YoY
SGA
4.04M
est: 1.89M (+114.1%)
4.24M
est: 16.43M (-74.2%)
3.56M
est: 46.14M (-92.3%)
3.74M
est: 193.94M (-98.1%)
2.71M
est: 304.85M (-99.1%)
2.94M
est: 755.9K (+289.4%)
4.37M
est: 1.64M (+165.9%)
4.20M
est: 3.29M (+27.7%)
3.73M
est: 8.22M (-54.6%)
3.74M
est: 5.60M (-33.2%)
3.90M
est: 17.30M (-77.4%)
37.26M
37.26M – 37.26M
+115.4% YoY
186.32M
186.32M – 186.32M
+400.0% YoY
334.05M
334.05M – 334.05M
+79.3% YoY
EPS
-0.06
est: -0.11 (+44.1%)
-0.06
est: -1.78 (+96.9%)
-0.05
est: -1.09 (+95.6%)
-0.08
est: 0.79 (-109.5%)
-0.03
est: 2.52 (-101.2%)
-0.03
est: -0.83 (+96.5%)
0.00
est: -0.44 (+99.3%)
-0.05
est: -1.49 (+96.8%)
-0.11
est: -2.15 (+94.9%)
-0.03
est: -0.06 (+47.1%)
-1.06
est: -1.00 (-6.0%)
-0.94
-0.94 – -0.94
+6.0% YoY
-0.16
-0.16 – -0.16
+83.0% YoY
0.37
0.37 – 0.37
+331.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-26 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-25 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-22 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-21 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-20 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-19 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-15 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-14 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-13 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-12 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-11 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-08 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-07 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-04 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-01 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-29 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-27 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-24 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
4.82M
OE per share TTM
0.30
Owner's Yield
19.60%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
1,432.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-4.6K
Shares Outstanding
12.69M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kip Underwood Chief Executive Officer 449.9K male
Kam T. Senior Vice President of Legal & Corporate Secretary 201.5K female
Randy Willardsen Senior Vice President of Process 187.8K male
Martin Hans Schweizer Vice President of Technical Development 178.8K
Alex Varty Interim Chief Financial Officer female
Paul Lam Director of Investor Relations & Communications male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits