Local Bounti Statistics
Total Valuation
Local Bounti has a market cap or net worth of $27.08 million. The enterprise value is $336.26 million.
| Market Cap | 27.08M |
| Enterprise Value | 336.26M |
Important Dates
The next estimated earnings date is Wednesday, May 8, 2024, before market open.
| Earnings Date | May 8, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Local Bounti has 8.44 million shares outstanding. The number of shares has increased by 18.55% in one year.
| Shares Outstanding | 8.44M |
| Shares Change (YoY) | +18.55% |
| Shares Change (QoQ) | +0.93% |
| Owned by Insiders (%) | 52.23% |
| Owned by Institutions (%) | 10.82% |
| Float | 4.03M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.93 |
| Forward PS | 0.41 |
| PB Ratio | 1.68 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 12.20 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.85, with a Debt / Equity ratio of 21.44.
| Current Ratio | 0.85 |
| Quick Ratio | 0.63 |
| Debt / Equity | 21.44 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -3.82 |
Financial Efficiency
Return on equity (ROE) is -167.90% and return on invested capital (ROIC) is -34.11%.
| Return on Equity (ROE) | -167.90% |
| Return on Assets (ROA) | -34.90% |
| Return on Capital (ROIC) | -34.11% |
| Revenue Per Employee | $91,551 |
| Profits Per Employee | -$412,010 |
| Employee Count | 301 |
| Asset Turnover | 0.08 |
| Inventory Turnover | 6.49 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -54.41% in the last 52 weeks. The beta is 2.66, so Local Bounti's price volatility has been higher than the market average.
| Beta (1Y) | 2.66 |
| 52-Week Price Change | -54.41% |
| 50-Day Moving Average | 2.61 |
| 200-Day Moving Average | 2.72 |
| Relative Strength Index (RSI) | 64.92 |
| Average Volume (30 Days) | 11,680 |
Short Selling Information
The latest short interest is 77,401, so 0.92% of the outstanding shares have been sold short.
| Short Interest | 77,401 |
| Short Previous Month | 93,402 |
| Short % of Shares Out | 0.92% |
| Short % of Float | 1.92% |
| Short Ratio (days to cover) | 4.96 |
Income Statement
In the last 12 months, Local Bounti had revenue of $27.56 million and -$124.02 million in losses. Loss per share was -$15.61.
| Revenue | 27.56M |
| Gross Profit | 2.22M |
| Operating Income | -116.91M |
| Pretax Income | -124.02M |
| Net Income | -124.02M |
| EBITDA | -85.14M |
| EBIT | -98.27M |
| Loss Per Share | -$15.61 |
Balance Sheet
The company has $16.90 million in cash and $327.42 million in debt, giving a net cash position of -$310.53 million or -$36.80 per share.
| Cash & Cash Equivalents | 16.90M |
| Total Debt | 327.42M |
| Net Cash | -310.53M |
| Net Cash Per Share | -$36.80 |
| Equity / Book Value | 15.27M |
| Book Value Per Share | 1.81 |
| Working Capital | -4.95M |
Cash Flow
In the last 12 months, operating cash flow was -$33.16 million and capital expenditures -$162.27 million, giving a free cash flow of -$195.42 million.
| Operating Cash Flow | -33.16M |
| Capital Expenditures | -162.27M |
| Free Cash Flow | -195.42M |
| FCF Per Share | -$24.60 |
Margins
Gross margin is 8.04%, with operating and profit margins of -424.25% and -450.03%.
| Gross Margin | 8.04% |
| Operating Margin | -424.25% |
| Pretax Margin | -450.03% |
| Profit Margin | -450.03% |
| EBITDA Margin | -308.95% |
| EBIT Margin | -356.61% |
| FCF Margin | -709.16% |
Dividends & Yields
Local Bounti does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -18.55% |
| Shareholder Yield | -18.55% |
| Earnings Yield | -481.90% |
| FCF Yield | -759.38% |
Analyst Forecast
The average price target for Local Bounti is $20.00, which is 523.05% higher than the current price. The consensus rating is "Buy".
| Price Target | $20.00 |
| Price Target Difference | 523.05% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 15, 2023. It was a reverse split with a ratio of 1:13.
| Last Split Date | Jun 15, 2023 |
| Split Type | Reverse |
| Split Ratio | 1:13 |
Scores
Local Bounti has an Altman Z-Score of -1.86 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -1.86 |
| Piotroski F-Score | 1 |