LOCAL BOUNTI CORP (LOCL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LOCL - US53960E2054 - Common Stock
2.19 USD
-0.03 (-1.35%)
2.2 USD
+0.01 (+0.46%)
Taking everything into account, LOCL scores 2 out of 10 in our fundamental rating. LOCL was compared to 87 industry peers in the Food Products industry. LOCL may be in some trouble as it scores bad on both profitability and health. LOCL is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
- LOCL had negative earnings in the past year.
- LOCL had a negative operating cash flow in the past year.
- In the past 5 years LOCL always reported negative net income.
- LOCL had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
- LOCL has a worse Return On Assets (-29.29%) than 80.46% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -29.29% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-33.45%
ROA(5y)-46.35%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- LOCL has a Gross Margin of 10.61%. This is in the lower half of the industry: LOCL underperforms 63.22% of its industry peers.
- In the last couple of years the Gross Margin of LOCL has declined.
- The Profit Margin and Operating Margin are not available for LOCL so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 10.61% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-31.12%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- LOCL does not have a ROIC to compare to the WACC, probably because it is not profitable.
- The number of shares outstanding for LOCL has been increased compared to 1 year ago.
- Compared to 5 years ago, LOCL has more shares outstanding
- Compared to 1 year ago, LOCL has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of -2.01, we must say that LOCL is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of LOCL (-2.01) is worse than 81.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -2.01 |
ROIC/WACCN/A
WACC2.65%
2.3 Liquidity
- A Current Ratio of 1.69 indicates that LOCL should not have too much problems paying its short term obligations.
- LOCL's Current ratio of 1.69 is in line compared to the rest of the industry. LOCL outperforms 58.62% of its industry peers.
- LOCL has a Quick Ratio of 1.21. This is a normal value and indicates that LOCL is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.21, LOCL is in the better half of the industry, outperforming 70.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.21 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 37.85% over the past year.
- LOCL shows a strong growth in Revenue. In the last year, the Revenue has grown by 31.61%.
- Measured over the past years, LOCL shows a very strong growth in Revenue. The Revenue has been growing by 290.59% on average per year.
EPS 1Y (TTM)37.85%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%74.62%
Revenue 1Y (TTM)31.61%
Revenue growth 3Y290.59%
Revenue growth 5YN/A
Sales Q2Q%19.12%
3.2 Future
- Based on estimates for the next years, LOCL will show a very strong growth in Earnings Per Share. The EPS will grow by 23.82% on average per year.
- The Revenue is expected to grow by 47.44% on average over the next years. This is a very strong growth
EPS Next Y65%
EPS Next 2Y36.39%
EPS Next 3Y23.83%
EPS Next 5YN/A
Revenue Next Year31.28%
Revenue Next 2Y54.84%
Revenue Next 3Y47.44%
Revenue Next 5YN/A
3.3 Evolution
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- LOCL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- Also next year LOCL is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- A more expensive valuation may be justified as LOCL's earnings are expected to grow with 23.82% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.39%
EPS Next 3Y23.83%
5. Dividend
5.1 Amount
- LOCL does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
LOCAL BOUNTI CORP / LOCL FAQ
Can you provide the ChartMill fundamental rating for LOCAL BOUNTI CORP?
ChartMill assigns a fundamental rating of 2 / 10 to LOCL.
What is the valuation status of LOCAL BOUNTI CORP (LOCL) stock?
ChartMill assigns a valuation rating of 1 / 10 to LOCAL BOUNTI CORP (LOCL). This can be considered as Overvalued.
Can you provide the profitability details for LOCAL BOUNTI CORP?
LOCAL BOUNTI CORP (LOCL) has a profitability rating of 0 / 10.
Can you provide the financial health for LOCL stock?
The financial health rating of LOCAL BOUNTI CORP (LOCL) is 2 / 10.