Logistic Properties of the Americas Ordinary Shares (LPA)

FairStock Score: 83/100 — HIGH CONVICTION

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the 2026-10-13 close of $2.79, Logistic Properties of the Americas has a $118.1M market cap. FairStock calculations put it at 5.17 times earnings and 0.32 times book, with a Graham Number of $10.24 and a 72.75% margin of safety. Those are classic Graham signals: the market is pricing the equity at a large discount to accounting value. In fiscal Q2 2026, the latest reported quarter, revenue was $14.7M and net income was $12.7M, an 86.37% net margin. The provided growth figures are strong, though the filing period for them is not specified. The company owns industrial and logistics real estate in Costa Rica, Colombia, Peru, and Mexico, a real business with local demand drivers. Yet quality is mixed. FairStock shows ROE of 7.37%, ROCE of only 2.77%, and debt/equity of 0.98. Trailing free cash flow is -$7.2M, a -6.1% FCF yield. FairStock's Altman Z-score of 0.37 is a serious warning, and a beta of 5.35 suggests the shares are extremely volatile. FairStock's Piotroski F-Score is 5/9, not distressed but not strong. The Lynch category is none because there are only 0 years of filed results, versus the 3 needed. That short history matters. EV/EBITDA of 6.80 is not demanding, but negative cash flow and leverage can destroy even cheap-looking equity. So I see a statistically cheap asset play with real operations, offset by weak cash generation, high leverage, and limited public history. Price may be well below intrinsic value, but the margin of safety depends on the assets being sound and cash flow improving.

In plain English: Logistic Properties of the Americas owns and operates industrial and logistics buildings in Costa Rica, Colombia, Peru, and Mexico. The latest reported quarter showed a profit, and the stock price looks low compared with the company's book value and earnings, but the business also burns cash and carries meaningful debt. Overall, it looks like a cheap but risky situation rather than a clearly strong business.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer