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Latch Inc Ordinary Shares LTCH

Morningstar Rating
$0.71 −0.04 (5.33%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

LTCH is trading at a 40% discount.
Price
$0.71
Fair Value
$5.96
Uncertainty
Extreme
1-Star Price
$9.57
5-Star Price
$3.99
Economic Moat
Ymm
Capital Allocation
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Trading Information

Previous Close Price
$0.75
Day Range
$0.710.80
52-Week Range
$0.022.39
Bid/Ask
$0.70 / $0.72
Market Cap
$123.79 Mil
Volume/Avg
32,498 / 57,508

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Latch Inc makes spaces better places to live, work, and visit through a system of software, devices, and services. It specializes in keyless entry security systems to open and manage every door in an apartment building from a smartphone. LatchOS enables spaces across North America, including in 44 states and Canada, from affordable housing in Baltimore, to historic buildings in Manhattan, to luxury towers in the Midwest. Latch works with real estate developers, large and small, ranging from the largest real estate companies in the world to passionate local owners.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Growth
Total Number of Employees
420

Comparables

Valuation

Metric
LTCH
ESRT
AVDX
Price/Earnings (Normalized)
51.50112.02
Price/Book Value
1.653.67
Price/Sales
3.586.26
Price/Cash Flow
10.1077.86
Price/Earnings
LTCH
ESRT
AVDX

Financial Strength

Metric
LTCH
ESRT
AVDX
Quick Ratio
7.223.780.30
Current Ratio
7.984.131.25
Interest Coverage
−31.381.71−3.96
Quick Ratio
LTCH
ESRT
AVDX

Profitability

Metric
LTCH
ESRT
AVDX
Return on Assets (Normalized)
−32.40%1.86%0.57%
Return on Equity (Normalized)
−37.80%8.04%1.89%
Return on Invested Capital (Normalized)
−35.85%4.06%0.81%
Return on Assets
LTCH
ESRT
AVDX
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