Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Local BountiLOCL +5.31%57 Piotroski F-Score is 3 as of Sep. 10, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates LOCL with a GF Score™ of 57/100 and a GF Value™ of $1.51 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,944 Consumer Packaged Goods companies, Local Bounti ranks worse than 84% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Local Bounti has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Local Bounti's Piotroski F-Score or its related term are showing as below:
LOCL'
s Piotroski F-Score Range Over the Past 10 Years
Min: 1 Med: 4 Max: 5
Current: 3
During the past 6 years, the highest Piotroski F-Score of Local Bounti was 5. The lowest was 1. And the median was 4.
Local Bounti (NYSE:LOCL) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Local Bounti Piotroski F-Score Related Terms
Local Bounti Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Local Bounti's Piotroski F-Score 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.
LOCL vs ESGH, SDOT, TULP: Piotroski F-Score Comparison
For the Farm Products subindustry, Local Bounti's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Local Bounti's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Local Bounti's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Local Bounti's current Net Income (TTM) was -67.67.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Local Bounti's return on assets of this year was -0.1585523. Local Bounti's return on assets of last year was -0.29636452.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Local Bounti's gearing of this year was 1.18149941. Local Bounti's gearing of last year was 1.1021853.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Local Bounti's current ratio of this year was 1.07132661. Local Bounti's current ratio of last year was 1.28718848.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Local Bounti's number of shares in issue this year was 29.071. Local Bounti's number of shares in issue last year was 13.27.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Local Bounti's gross margin of this year was 0.10622251. Local Bounti's gross margin of last year was 0.110995.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Local Bounti's asset turnover of this year was 0.12147882. Local Bounti's asset turnover of last year was 0.10047957.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
0
+
0
+
1
+
1
+
0
+
0
+
0
+
0
+
1
=
3
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Local Bounti has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Local Bounti (LOCL) has a Piotroski F-Score of 3 as of Sep. 10, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Local Bounti and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Local Bounti's Piotroski F-Score has ranged from 1.00 to 5.00. According to the industry distribution chart, Local Bounti ranks #1633 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 84%.
Is Local Bounti's Piotroski F-Score too high?
Local Bounti's current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 5.00. The Consumer Packaged Goods industry median Piotroski F-Score is 5.00. Local Bounti's value of 3 is 40% below this industry median. Based on the distribution chart, Local Bounti ranks #1633 out of 1944 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Local Bounti has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Local Bounti's Piotroski F-Score compare to ESGH and SDOT?
According to the Consumer Packaged Goods industry distribution chart, Local Bounti ranks #1633 out of 1944 companies for Piotroski F-Score. This places Local Bounti in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Local Bounti's value of 3 is 40% below this benchmark. Historically, Local Bounti's own Piotroski F-Score has ranged from 1.00 to 5.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Local Bounti has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Consumer Packaged Goods company?
The median Piotroski F-Score among Consumer Packaged Goods companies is 5.00, based on 1,944 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Local Bounti's current Piotroski F-Score of 3 is 40% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Local Bounti and its competitors. For the Consumer Packaged Goods industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Local Bounti's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Local Bounti stock overvalued right now?
Based on GuruFocus' analysis, Local Bounti (LOCL) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.51, compared to a current price of $1.19 — trading 21.2% below its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Consumer Packaged Goods industry median of 5.00. Local Bounti's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Local Bounti (LOCL), the current Piotroski F-Score is 3 as of Sep. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Local Bounti (LOCL) Overvalued in 2026?
Based on GuruFocus' analysis, Local Bounti stock appears to be undervalued.
The current stock price of $1.19 is trading 21.2% below its estimated GF Value™ of $1.51.
GuruFocus considers Local Bounti to be Modestly Undervalued.
Key valuation signals for LOCL:
Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
GF Value™: $1.51 vs. price of $1.19 (21.2% below fair value)
Industry Position: 40% below the Consumer Packaged Goods median (#1633 of 1944)
No single metric tells the full story. See the LOCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Local Bounti Corp is a controlled environment agriculture company. The 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. The products of the company include living lettuce, leafy greens, herbs, and others.
57GF Score
Get the complete analysis for LOCL
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LOCL has been successfully added to your 
