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Nabati Foods Global Inc. (MEALF) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED

What happened to Nabati Foods Global Inc. (MEALF) stock?

Nabati Foods Global Inc. (MEALF) no longer trades on public markets. The figures below are historical and are not a current quote.

Vol: 100| 52-wk range: $0.002 – $0.009

Beta 1.44: the stock has moved about 44% more than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Nabati Foods Global Inc. (MEALF). Nabati Foods Global Inc. is a food technology company focused on developing and distributing plant-based alternatives. Sector: Consumer defensive.

Last analyzed: Mar 17, 2026
Nabati Foods Global Inc. is a food technology company focused on developing and distributing plant-based alternatives. The company's products include dairy-free cheesecakes, plant-based cheese, meat alternatives, and liquid egg substitutes, catering to the growing demand for vegan and vegetarian options.

Analyst Coverage for MEALF: MEALF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates MEALF against Consumer Defensive peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the MEALF film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Split View 36/100 · D

MEALF: this read rests on a single discipline (Munger composite) — the other council disciplines have no scored data yet.

How is this calculated? →
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Weak
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Nabati Foods Global Inc. (MEALF) Consumer Business Overview

CEODaniel Thomas
HeadquartersVancouver, CA
IPO Year2021

Nabati Foods Global Inc. develops and distributes plant-based food alternatives, including dairy-free cheesecakes, plant-based cheese, meat alternatives, and liquid egg substitutes. Operating in the competitive packaged foods industry, Nabati caters to the increasing consumer demand for vegan and vegetarian options with a focus on healthy and sustainable products.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 17, 2026

What Is the Investment Thesis for MEALF?

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

Nabati Foods Global Inc. presents a notable research candidate within the expanding plant-based food market. The increasing consumer demand for vegan and vegetarian alternatives, driven by health, environmental, and ethical concerns, creates a favorable market environment for Nabati's product offerings. However, the company's negative profit margin of -1042.8% and gross margin of -48.1% raise concerns about its financial sustainability. Key growth catalysts include expanding distribution networks, introducing innovative product lines, and capitalizing on strategic partnerships. The company's success hinges on improving its operational efficiency and achieving profitability while navigating the competitive landscape. Investors should closely monitor Nabati's financial performance and market penetration to assess its long-term growth potential.

Based on FMP financials and quantitative analysis

MEALF Key Highlights

AI-written as of Mar 17, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $0.00B indicates the company's small size within the consumer defensive sector.

  • A negative P/E ratio of -0.20 reflects the company's current lack of profitability.
  • Profit margin of -1042.8% highlights significant challenges in achieving profitability.
  • Gross margin of -48.1% suggests that the company is struggling to cover the cost of goods sold.
  • Beta of 1.44 indicates that the stock is more volatile than the overall market.

Who Are MEALF's Competitors?

MEALF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
JVA Coffee Holding Co., Inc. $3.93 +14.58% $22.4M 775-pillar
WYHG Wing Yip Food Holdings Group Limited $4.52 -9.24% $56.9M 499-signal
LFVN LifeVantage Corporation $6.37 -2.15% $80.4M 615-pillar
FTLF FitLife Brands, Inc. $9.27 +0.54% $87.1M 605-pillar
SDSYA South Dakota Soybean Processors, LLC $7.10 0.00% $216M 459-signal
NATR Nature's Sunshine Products, Inc. $13.63 +0.16% $240M 455-pillar
BGS B&G Foods, Inc. $3.21 -0.31% $261M 435-pillar
USNA USANA Health Sciences, Inc. $14.90 +0.47% $275M 615-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.

What Are MEALF's Key Strengths?

Innovative plant-based product offerings.

  • Focus on health and sustainability.
  • Established brand recognition in specific niches.
  • Catering to a growing market segment.

What Are MEALF's Weaknesses?

Negative profit and gross margins.

  • Limited market share compared to larger competitors.
  • Reliance on specific product categories.
  • Limited financial resources for expansion.

What Could Drive MEALF Stock Higher?

Potential partnerships with major retailers to expand distribution.

  • Increasing consumer demand for plant-based food alternatives.
  • Product innovation and development of new plant-based offerings.

What Are the Key Risks for MEALF?

Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.

  • Intense competition from established food companies and emerging startups.
  • Fluctuations in raw material prices impacting profitability.
  • Negative profit and gross margins indicating financial instability.
  • Limited access to capital for expansion and growth.
  • OTC market risks, including limited liquidity and regulatory oversight.

What Are the Growth Opportunities for MEALF?

  • Expansion of Distribution Channels: Nabati can expand its distribution network by partnering with major retailers, foodservice providers, and online platforms. This includes targeting both domestic and international markets to increase product availability and reach a wider customer base. The global plant-based food market is projected to reach $74.2 billion by 2027, presenting a significant opportunity for Nabati to grow its sales through strategic distribution partnerships. Timeline: Ongoing.
  • Product Innovation and Diversification: Nabati can invest in research and development to create new and innovative plant-based products. This includes exploring different ingredients, formulations, and product categories to cater to evolving consumer preferences. The company can also focus on improving the taste, texture, and nutritional value of its existing products to enhance their appeal. The market for plant-based alternatives is constantly evolving, with consumers seeking new and exciting options. Timeline: Ongoing.
  • Strategic Partnerships and Acquisitions: Nabati can pursue strategic partnerships and acquisitions to expand its market presence, access new technologies, and enhance its product portfolio. This includes collaborating with other food companies, ingredient suppliers, and technology providers to leverage their expertise and resources. The plant-based food industry is becoming increasingly competitive, with companies seeking to consolidate their market position through strategic alliances. Timeline: Ongoing.
  • Focus on Sustainability and Ethical Sourcing: Nabati can emphasize its commitment to sustainability and ethical sourcing to attract environmentally conscious consumers. This includes using eco-friendly packaging, reducing its carbon footprint, and ensuring fair labor practices throughout its supply chain. Consumers are increasingly concerned about the environmental and social impact of their food choices, creating a competitive advantage for companies that prioritize sustainability. Timeline: Ongoing.
  • Direct-to-Consumer (DTC) Sales and Online Presence: Nabati can strengthen its direct-to-consumer sales channels and online presence to reach a wider audience and build brand loyalty. This includes investing in its e-commerce platform, social media marketing, and online advertising to drive traffic and sales. The online channel is becoming increasingly important for food companies, allowing them to connect directly with consumers and gather valuable feedback. Timeline: Ongoing.

What Threats Does MEALF Face?

  • Intense competition from established food companies.
  • Fluctuations in raw material prices.
  • Changing consumer preferences and dietary trends.
  • Regulatory challenges and food safety concerns.

What Are MEALF's Competitive Advantages?

  • Brand recognition in the plant-based cheesecake niche.
  • Proprietary formulations for plant-based cheese alternatives.
  • Focus on healthy and sustainable ingredients.
  • Established distribution network within the plant-based food market.

What Does MEALF Do?

Nabati Foods Global Inc. was founded in 2014 and is headquartered in Vancouver, Canada. The company operates as a food technology enterprise, specializing in the creation and distribution of plant-based food alternatives. Nabati's product line includes dairy-free cheesecakes, marketed under the Nabati Cheesecake brand, plant-based cheese alternatives known as Nabati Cheeze, a variety of plant-based meat alternatives, and plant-based liquid egg substitutes. These products are designed to cater to the increasing consumer demand for vegan, vegetarian, and flexitarian dietary options. Nabati focuses on developing products that are not only plant-based but also healthy and sustainable. The company aims to provide consumers with alternatives to traditional animal-based products that are both nutritious and environmentally friendly. Nabati distributes its products through various channels, including retail stores, foodservice providers, and online platforms. The company's strategic focus is on expanding its market presence and product offerings to meet the growing demand for plant-based foods globally. Nabati continues to innovate in the food technology space, exploring new ingredients and formulations to enhance the taste, texture, and nutritional value of its plant-based products.

What Products and Services Does MEALF Offer?

  • Develops and manufactures plant-based dairy-free cheesecakes.
  • Produces and distributes plant-based cheese alternatives (Nabati Cheeze).
  • Creates and sells various plant-based meat alternatives.
  • Offers plant-based liquid egg substitutes.
  • Focuses on providing healthy and sustainable food options.
  • Caters to the vegan, vegetarian, and flexitarian markets.
  • Distributes products through retail, foodservice, and online channels.

How Does MEALF Make Money?

  • Develops and manufactures plant-based food products.
  • Sells products through retail, foodservice, and online channels.
  • Focuses on catering to the vegan, vegetarian, and flexitarian markets.
  • Generates revenue through the sale of its plant-based alternatives.

What Industry Does MEALF Operate In?

Nabati Foods Global Inc. operates within the rapidly growing plant-based food industry, driven by increasing consumer awareness of health, environmental sustainability, and animal welfare. The market includes a wide range of companies, from established food giants to innovative startups, all competing for market share. Competitors include companies like ACITF (Archer Daniels Midland), ASII (Ajinomoto Co), HBIS (Hormel Foods), IDLSF (Ingredion), and MOOOF (Beyond Meat). Nabati's success depends on its ability to differentiate its products, build brand recognition, and efficiently scale its operations to meet the rising demand for plant-based alternatives.

Who Are MEALF's Key Customers?

  • Vegan consumers seeking plant-based alternatives.
  • Vegetarian consumers looking for meat and dairy substitutes.
  • Flexitarian consumers aiming to reduce their animal product consumption.
  • Health-conscious individuals seeking nutritious food options.
  • Environmentally conscious consumers supporting sustainable food practices.
Model self-rating on this text: 69% (not a measure of the evidence) Updated: Mar 17, 2026

Research confidence

Low 12/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 5 days old
  • No filing on record
  • No analyst coverage

MoonshotScore History

Recorded daily since 2026-08-23 · 4 snapshots

2026-08-23 38
2026-08-24 38
2026-08-25 38
2026-08-26 38

What changed?

The score has stayed at 38.

Over the same 3 days the stock moved +0.0%.

ROE 73%

Key Financial Metrics

Return on equity for Nabati Foods Global Inc. stands at 72.8%, a gauge of how efficiently it converts shareholder capital into profit. Its free cash flow yield is -37.9%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.03 means current liabilities exceed short-term assets, a liquidity point worth watching.

Company Profile

Nabati Foods Global Inc. operates in the Packaged Foods industry within the Consumer Defensive sector. It is headquartered in Vancouver, CA. The company is led by CEO Daniel Thomas. MEALF has traded publicly since 2021.

F-Score 3/9

Financial Health

Nabati Foods Global Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny.

MEALF Financials

Fundamental Snapshot

Return on Equity (TTM)
+72.8%
Current Ratio
0.0

Based on FMP financials and quantitative analysis

Bull Case vs Bear Case

Bull Case

  • Innovative plant-based product offerings.
  • Focus on health and sustainability.
  • Established brand recognition in specific niches.
  • Catering to a growing market segment.

Bear Case

  • Negative profit and gross margins.
  • Limited market share compared to larger competitors.
  • Reliance on specific product categories.
  • Limited financial resources for expansion.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

MEALF Latest News

No recent news available for MEALF.

Leadership: Daniel Thomas

CEO

Daniel Thomas serves as the CEO of Nabati Foods Global Inc. His background includes experience in the food technology sector, with a focus on developing and commercializing innovative plant-based products. He has a strong understanding of the vegan and vegetarian markets and a passion for creating healthy and sustainable food options. Prior to joining Nabati Foods, Daniel held leadership positions in other food companies, where he was responsible for product development, marketing, and sales. He holds a degree in Business Administration and a certification in Food Science.

Track Record: Under Daniel Thomas's leadership, Nabati Foods Global Inc. has expanded its product line and distribution network. He has overseen the launch of new plant-based products, including dairy-free cheesecakes, plant-based cheese alternatives, and plant-based meat substitutes. Daniel has also focused on building brand awareness and strengthening the company's online presence. Key milestones under his leadership include securing partnerships with major retailers and foodservice providers.

MEALF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Nabati Foods Global Inc. may not meet the minimum financial or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier often have limited trading volume and may not be subject to the same level of regulatory scrutiny as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries a higher degree of risk due to the potential for limited information availability and lower liquidity.

  • OTC Tier: OTC Other
Liquidity: Liquidity for MEALF shares on the OTC market is likely to be limited, given its classification in the OTC Other tier. This can result in wider bid-ask spreads, making it more difficult to buy or sell shares at desired prices. Lower trading volumes can also increase price volatility and the risk of significant price fluctuations. Investors should exercise caution and be prepared for potential challenges in executing trades.
OTC Risk Factors:
  • Limited financial disclosure and transparency.
  • Lower trading volume and liquidity.
  • Higher price volatility.
  • Potential for fraud or manipulation.
  • Limited regulatory oversight.
Due Diligence Checklist:
  • Verify the company's financial statements and reporting practices.
  • Assess the company's management team and their track record.
  • Research the company's products, services, and market position.
  • Evaluate the company's competitive landscape and potential risks.
  • Consult with a financial advisor before making any investment decisions.
  • Check for any regulatory filings or legal proceedings.
  • Confirm the company's contact information and physical address.
Legitimacy Signals:
  • Company has a functional website with product information.
  • Presence of a management team and board of directors.
  • Operating history of more than 5 years.
  • Positive customer reviews and testimonials.
  • Active social media presence.

Nabati Foods Global Inc. Consumer Defensive Stock: Key Questions Answered

What happened to Nabati Foods Global Inc. (MEALF) stock?

Nabati Foods Global Inc. (MEALF) no longer trades on public markets. The figures below are historical and are not a current quote.

Can I still buy MEALF shares?

No. MEALF stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for MEALF elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before MEALF stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Nabati Foods Global Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Nabati Foods Global Inc. do?

Nabati Foods Global Inc. is a food technology company that specializes in developing, manufacturing, and distributing plant-based food alternatives. Their product line includes dairy-free cheesecakes, plant-based cheese alternatives (Nabati Cheeze), plant-based meat alternatives, and plant-based liquid egg substitutes.

What do analysts say about MEALF stock?

As of 2026-03-17, there is no available analyst coverage or consensus for MEALF stock. Given the company's small market capitalization and OTC listing, it is less likely to be actively tracked by major financial analysts. Investors should conduct their own independent research and due diligence to assess the company's valuation, growth potential, and risk factors.

What are the main risks for MEALF?

The main risks for Nabati Foods Global Inc. include intense competition from established food companies and emerging startups in the plant-based food market.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Financial data is based on the most recent available information.
  • OTC market information is subject to change.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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