Is Locafy Stock a Good Investment?
Locafy Investment Advice | LCFY |
- Examine Locafy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Locafy's leadership team and their track record. Good management can help Locafy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Locafy's business and its evolving consumer preferences.
- Compare Locafy's performance and market position to its competitors. Analyze how Locafy is positioned in terms of product offerings, innovation, and market share.
- Check if Locafy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Locafy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Locafy stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Locafy is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Unstable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Locafy Stock
Researching Locafy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 21.0% of the company outstanding shares are owned by corporate insiders. The book value of Locafy was now reported as 2.45. The company recorded a loss per share of 1.11. Locafy had not issued any dividends in recent years. The entity had 1:20 split on the 8th of December 2022.
To determine if Locafy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Locafy's research are outlined below:
| Locafy is way too risky over 90 days horizon | |
| Locafy appears to be risky and price may revert if volatility continues | |
| Locafy has high likelihood to experience some financial distress in the next 2 years | |
| Locafy currently holds 604.18 K in liabilities. Locafy has a current ratio of 0.45, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Locafy's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 4.15 M. Net Loss for the year was (2.99 M) with loss before overhead, payroll, taxes, and interest of (1.61 M). | |
| Locafy currently holds about 762.74 K in cash with (1.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Locafy Ltd. Schedules General Meeting for Key Votes - MSN |
Locafy Quarterly Cost Of Revenue |
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Locafy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Locafy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Locafy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 21st of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Locafy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Locafy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Locafy backward and forwards among themselves. Locafy's institutional investor refers to the entity that pools money to purchase Locafy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Clear Street Llc | 2024-06-30 | 100.0 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 0.0 |
Locafy's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.23 M.Market Cap |
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Locafy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.55) | (0.58) | |
| Return On Capital Employed | (0.79) | (0.83) | |
| Return On Assets | (0.49) | (0.51) | |
| Return On Equity | (0.90) | (0.86) |
Determining Locafy's profitability involves analyzing its financial statements and using various financial metrics to determine if Locafy is a good buy. For example, gross profit margin measures Locafy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Locafy's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Locafy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Locafy. Check Locafy's Beneish M Score to see the likelihood of Locafy's management manipulating its earnings.
Evaluate Locafy's management efficiency
Locafy has return on total asset (ROA) of (0.2334) % which means that it has lost $0.2334 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.72) %, meaning that it created substantial loss on money invested by shareholders. Locafy's management efficiency ratios could be used to measure how well Locafy manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.58 in 2024. Return On Capital Employed is likely to drop to -0.83 in 2024. At this time, Locafy's Total Assets are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 4.9 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 3.2 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.26 | 4.47 | |
| Tangible Book Value Per Share | 3.46 | 3.63 | |
| Enterprise Value Over EBITDA | (0.23) | (0.24) | |
| Price Book Value Ratio | 1.84 | 1.93 | |
| Enterprise Value Multiple | (0.23) | (0.24) | |
| Price Fair Value | 1.84 | 1.93 | |
| Enterprise Value | 8.9 M | 8.5 M |
The strategic decisions made by Locafy management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Beta 1.247 |
Basic technical analysis of Locafy Stock
As of the 1st of December, Locafy secures the Risk Adjusted Performance of 0.1066, mean deviation of 4.3, and Downside Deviation of 5.32. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Locafy, as well as the relationship between them.Locafy's Outstanding Corporate Bonds
Locafy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Locafy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Locafy bonds can be classified according to their maturity, which is the date when Locafy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Locafy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Locafy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1066 | |||
| Market Risk Adjusted Performance | 0.4966 | |||
| Mean Deviation | 4.3 | |||
| Semi Deviation | 5.07 | |||
| Downside Deviation | 5.32 | |||
| Coefficient Of Variation | 780.8 | |||
| Standard Deviation | 5.85 | |||
| Variance | 34.26 | |||
| Information Ratio | 0.1046 | |||
| Jensen Alpha | 0.5456 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.115 | |||
| Treynor Ratio | 0.4866 | |||
| Maximum Drawdown | 30.79 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 12.81 | |||
| Downside Variance | 28.34 | |||
| Semi Variance | 25.68 | |||
| Expected Short fall | (4.68) | |||
| Skewness | 0.3665 | |||
| Kurtosis | 0.7703 |
| Risk Adjusted Performance | 0.1066 | |||
| Market Risk Adjusted Performance | 0.4966 | |||
| Mean Deviation | 4.3 | |||
| Semi Deviation | 5.07 | |||
| Downside Deviation | 5.32 | |||
| Coefficient Of Variation | 780.8 | |||
| Standard Deviation | 5.85 | |||
| Variance | 34.26 | |||
| Information Ratio | 0.1046 | |||
| Jensen Alpha | 0.5456 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.115 | |||
| Treynor Ratio | 0.4866 | |||
| Maximum Drawdown | 30.79 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 12.81 | |||
| Downside Variance | 28.34 | |||
| Semi Variance | 25.68 | |||
| Expected Short fall | (4.68) | |||
| Skewness | 0.3665 | |||
| Kurtosis | 0.7703 |
Consider Locafy's intraday indicators
Locafy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Locafy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Locafy Corporate Filings
6K | 22nd of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 18th of November 2024 Other Reports | ViewVerify | |
| 12th of November 2024 Other Reports | ViewVerify | |
| 25th of October 2024 Other Reports | ViewVerify |
Locafy Stock media impact
Far too much social signal, news, headlines, and media speculation about Locafy that are available to investors today. That information is available publicly through Locafy media outlets and privately through word of mouth or via Locafy internal channels. However, regardless of the origin, that massive amount of Locafy data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Locafy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Locafy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Locafy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Locafy alpha.
Locafy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Locafy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Locafy Corporate Management
| Chris McDonald | Chief Officer | Profile | |
| Xander Santos | Chief Architect | Profile | |
| David Penner | Chief Officer | Profile | |
| Sara Harris | Head Culture | Profile | |
| Umair Ehsan | Head Development | Profile | |
| Chris Kealley | Head Product | Profile |
Additional Tools for Locafy Stock Analysis
When running Locafy's price analysis, check to measure Locafy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Locafy is operating at the current time. Most of Locafy's value examination focuses on studying past and present price action to predict the probability of Locafy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Locafy's price. Additionally, you may evaluate how the addition of Locafy to your portfolios can decrease your overall portfolio volatility.