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Local Bounti (Local Bounti) EV-to-EBIT : -3.53 (As of May. 14, 2024)


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What is Local Bounti EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Local Bounti's Enterprise Value is $346.79 Mil. Local Bounti's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-98.27 Mil. Therefore, Local Bounti's EV-to-EBIT for today is -3.53.

The historical rank and industry rank for Local Bounti's EV-to-EBIT or its related term are showing as below:

LOCL' s EV-to-EBIT Range Over the Past 10 Years
Min: -21.76   Med: -3.25   Max: -1.48
Current: -2.98

During the past 4 years, the highest EV-to-EBIT of Local Bounti was -1.48. The lowest was -21.76. And the median was -3.25.

LOCL's EV-to-EBIT is ranked worse than
100% of 1474 companies
in the Consumer Packaged Goods industry
Industry Median: 13.955 vs LOCL: -2.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Local Bounti's Enterprise Value for the quarter that ended in Dec. 2023 was $285.07 Mil. Local Bounti's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-98.27 Mil. Local Bounti's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -34.47%.


Local Bounti EV-to-EBIT Historical Data

The historical data trend for Local Bounti's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Local Bounti EV-to-EBIT Chart

Local Bounti Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- -9.53 -2.66 -2.90

Local Bounti Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.66 -2.22 -2.49 -3.60 -2.90

Competitive Comparison of Local Bounti's EV-to-EBIT

For the Farm Products subindustry, Local Bounti's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Local Bounti's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Local Bounti's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Local Bounti's EV-to-EBIT falls into.



Local Bounti EV-to-EBIT Calculation

Local Bounti's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=346.794/-98.27
=-3.53

Local Bounti's current Enterprise Value is $346.79 Mil.
Local Bounti's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-98.27 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Local Bounti  (NYSE:LOCL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Local Bounti's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-98.27/285.0742461
=-34.47 %

Local Bounti's Enterprise Value for the quarter that ended in Dec. 2023 was $285.07 Mil.
Local Bounti's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-98.27 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Local Bounti EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Local Bounti's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Local Bounti (Local Bounti) Business Description

Traded in Other Exchanges
N/A
Address
400 W. Main Street, Hamilton, MT, USA, 59840
Local Bounti Corp is a controlled environment agriculture company. Its business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides, it delivers products that have a longer shelf life, and are good in taste.
Executives
Kathleen Valiasek officer: Chief Financial Officer AMYRIS, INC., 5850 HOLLIS STREET SUITE 100, EMERYVILLE CA 94608
B. David Vosburg officer: Chief Innovation Officer C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Travis M. Joyner director, officer: Co-Chief Executive Officer C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Anna M. Fabrega officer: Chief Executive Officer C/O AMERICAN PUBLIC EDUCATION, INC., 111 WEST CONGRESS STREET, CHARLES TOWN WV 25414
Edward C Forst director 85 BROAD STREET, NEW YORK NY 10004
Matthew Nordby director C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Craig M. Hurlbert director, officer: Co-Chief Executive Officer C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Mark Joseph Nelson director LOCAL BOUNTI CORPORATION, 220 W MAIN STREET, HAMILTON MT 59840
Jennifer Carr-smith director 28 LIBERTY STREET, NEW YORK NY 10005
Brian C. Cook officer: President C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Margaret Mccandless officer: General Counsel & Secretary C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Charles R. Schwab 10 percent owner PO BOX 2226, PALM BEACH FL 33480
Mark Alan Mckinney officer: Chief Operating Officer C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Gary Hilberg officer: Chief Sustainability Officer C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840
Pamela Brewster director C/O LOCAL BOUNTI CORPORATION, 490 FOLEY LANE, HAMILTON MT 59840