Local Bounti (Local Bounti) GF Value Rank : 0 (As of Jun. 20, 2024)

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What is Local Bounti GF Value Rank?

Local Bounti has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Local Bounti GF Value Rank Related Terms

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Local Bounti (Local Bounti) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Local Bounti Corp (NYSE:LOCL) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 W. Main Street, Hamilton, MT, USA, 59840

Website

https://www.localbounti.com

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