Edible Garden AG Incorporated (EDBL) vs Local Bounti Corporation (LOCL)

Edible Garden AG Incorporated and Local Bounti Corporation are both Farm Products companies. Local Bounti Corporation is the larger, with a market value of $24.8M against $2.3M — 10.8× the size. Local Bounti Corporation grew revenue faster over the last twelve months: 17.8% against 12.3%. Local Bounti Corporation has the higher net margin (−130.5% vs −173.4%) and the higher return on invested capital (−13.1% vs −77.4%). Across the 17 metrics below, Local Bounti Corporation leads on 14 and Edible Garden AG Incorporated on 3.

Valuation

Metric EDBL LOCL Farm Products median
P/E n/m n/m 21.24
P/S 0.02 0.61 0.50
P/B n/m n/m 1.20
Price to free cash flow n/m n/m 13.98
EV/EBITDA n/m n/m 8.14
EV/Sales 0.73 10.25 0.58
Earnings yield (160,844.03%) (254.13%) 0.56%
Free cash flow yield (3,582.54%) (89.51%) (3.01%)

Profitability

Metric EDBL LOCL Farm Products median
Gross margin (8.82%) 10.62% 6.87%
Operating margin (138.30%) (114.43%) 0.11%
Net margin (173.35%) (130.52%) 0.63%
Free cash flow margin (57.92%) (54.71%) 0.00%
Return on equity (8,387.06%) 41.06% 1.52%
Return on assets (96.88%) (16.32%) 0.02%
Return on invested capital (77.39%) (13.12%) 0.00%

Growth

Metric EDBL LOCL Farm Products median
Revenue growth (TTM) 12.30% 17.77% 7.27%
EPS growth (last fiscal year) 82.80% 60.33% —
Revenue growth, 5-year CAGR 6.29% 258.21% 8.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric EDBL LOCL Farm Products median
Debt to equity 2.47 (2.49) 0.24
Current ratio 0.73 1.07 1.43
Net debt to EBITDA (0.05) (11.01) (0.04)

Dividend

Metric EDBL LOCL Farm Products median
Dividend yield — — 3.06%
Payout ratio — 0.00 0.17

Size

Metric EDBL LOCL Farm Products median
Market cap 2.30m 24.78m 293.80m

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