LOCAL BOUNTI CORP (LOCL)
US53960E2054 - Common Stock
LOCL gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 92 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 expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year LOCL has reported negative net income.
In the past year LOCL has reported a negative cash flow from operations.
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
The Return On Assets of LOCL (-32.49%) is worse than 80.22% of its industry peers.
LOCL has a worse Return On Equity (-812.05%) than 94.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -32.49% | ||
| ROE | -812.05% | ||
| ROIC | N/A |
ROA(3y)-37.11%
ROA(5y)-52.31%
ROE(3y)-319.57%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LOCL has a worse Gross Margin (8.06%) than 70.33% of its industry peers.
LOCL does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.06% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
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.
Compared to 1 year ago, LOCL has more shares outstanding
The debt/assets ratio for LOCL is higher compared to a year ago.
2.2 Solvency
LOCL has an Altman-Z score of -1.69. This is a bad value and indicates that LOCL is not financially healthy and even has some risk of bankruptcy.
LOCL has a worse Altman-Z score (-1.69) than 78.02% of its industry peers.
LOCL has a Debt/Equity ratio of 21.42. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 21.42, LOCL is not doing good in the industry: 94.51% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 21.42 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.69 |
ROIC/WACCN/A
WACC2.84%
2.3 Liquidity
LOCL has a Current Ratio of 0.84. This is a bad value and indicates that LOCL is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of LOCL (0.84) is worse than 80.22% of its industry peers.
LOCL has a Quick Ratio of 0.84. This is a bad value and indicates that LOCL is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.71, LOCL is in line with its industry, outperforming 40.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
LOCL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.09%.
LOCL shows a strong growth in Revenue. In the last year, the Revenue has grown by 41.46%.
The Revenue has been growing by 600.99% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)7.09%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-107.69%
Revenue 1Y (TTM)41.46%
Revenue growth 3Y600.99%
Revenue growth 5YN/A
Revenue growth Q2Q3.4%
3.2 Future
The Earnings Per Share is expected to grow by 23.46% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 74.91% on average over the next years. This is a very strong growth
EPS Next Y48.37%
EPS Next 2Y30.03%
EPS Next 3Y23.46%
EPS Next 5YN/A
Revenue Next Year109.9%
Revenue Next 2Y93.36%
Revenue Next 3Y74.91%
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
The Price/Earnings Ratio is negative for LOCL. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for LOCL. No positive earnings are expected for the next year.
| 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 23.46% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.03%
EPS Next 3Y23.46%
5. Dividend
5.1 Amount
No dividends for LOCL!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
LOCAL BOUNTI CORP
NYSE:LOCL (4/26/2024, 7:04:00 PM)
2.95
-0.05 (-1.67%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap24.90M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -32.49% | ||
| ROE | -812.05% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 8.06% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.07
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 21.42 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)7.09%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y48.37%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)41.46%
Revenue growth 3Y600.99%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y