LOCL (Local Bounti) Scaled Net Operating Assets: 0.73 (As of Mar. 2026)

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LOCL Local Bounti Corp LOCL
56 GF Score
Price $1.08
GF Value $1.95
Valuation Possible Value Trap
! 6 Warning Signs
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What is Local Bounti Scaled Net Operating Assets?

Local Bounti LOCL +1.89% 56 Scaled Net Operating Assets is 0.73 as of Mar. 2026. GuruFocus rates LOCL with a GF Score™ of 56/100 and a GF Value™ of $1.95 (Possible Value Trap). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Local Bounti's operating assets for the quarter that ended in Mar. 2026 was $401.91 Mil. Local Bounti's operating liabilities for the quarter that ended in Mar. 2026 was $100.96 Mil. Local Bounti's Total Assets for the quarter that ended in Dec. 2025 was $410.49 Mil. Therefore, Local Bounti's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.73.


Local Bounti Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Local Bounti's Scaled Net Operating Assets 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.

Local Bounti Scaled Net Operating Assets Chart

Local Bounti Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 1.79 1.58 1.02 0.88 0.73

Local Bounti Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.76 0.75 0.75 0.73

LOCL vs ESGH, SDOT, TULP: Scaled Net Operating Assets Comparison

For the Farm Products subindustry, Local Bounti's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Local Bounti's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Local Bounti's Scaled Net Operating Assets falls into.


LOCL
56GF Score
Local Bounti Corp LOCL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Local Bounti Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Local Bounti's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(406.26-93.317)/428.035
=0.73

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=410.493 - 4.233
=406.26

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=576.73 - 483.3 - 0.113
=93.317

Local Bounti's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(401.914-100.958)/410.493
=0.73

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=414.168 - 12.254
=401.914

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=592.189 - 491.096 - 0.135
=100.958

* 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.

What does a Scaled Net Operating Assets of 0.73 mean?
Local Bounti (LOCL) has a Scaled Net Operating Assets of 0.73 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Local Bounti and its competitors.
Is Local Bounti's Scaled Net Operating Assets too high?
Local Bounti's current Scaled Net Operating Assets is 0.73. Overall, Local Bounti has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Local Bounti's Scaled Net Operating Assets compare to ESGH and SDOT?
Local Bounti's Scaled Net Operating Assets of 0.73 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Consumer Packaged Goods company?
A good Scaled Net Operating Assets depends on the Consumer Packaged Goods industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Local Bounti and its competitors. Local Bounti's current Scaled Net Operating Assets is 0.73. 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 Possible Value Trap. The stock's GF Value™ is $1.95, compared to a current price of $1.08 — trading 44.6% below its estimated fair value. The current Scaled Net Operating Assets is 0.73. Local Bounti's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Local Bounti (LOCL), the current Scaled Net Operating Assets is 0.73 as of Mar. 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 $1.08 is trading 44.6% below its estimated GF Value™ of $1.95. GuruFocus considers Local Bounti to be Possible Value Trap.

Key valuation signals for LOCL:

  • Scaled Net Operating Assets: 0.73
  • GF Value™: $1.95 vs. price of $1.08 (44.6% below fair value)
  • GF Score™: 56/100 with 6 warning signs

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 Business Description

Address 490 Foley Lane, Hamilton, MT, USA, 59840
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.
56GF Score

Get the complete analysis for LOCL

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.08
Price
$1.95
GF Value