How does LITT's PE Ratio compare to its peers?

LITT is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the peer average (40.1x).

How does LITT's PE Ratio compare vs other companies in the US Capital Markets Industry?

LITT is expensive based on its Price-To-Earnings Ratio (45.7x) compared to the US Capital Markets industry average (31.1x)

What is LITT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate LITT's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of LITT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

LITT ($10.24) is trading below our estimate of [[fair value]] ($58.59)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Logistics Innovation Technologies (Nasdaq:LITT) - Stock Price, News & Analysis

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

LITT Stock Overview

Logistics Innovation Technologies Corp. does not have significant operations. More details

LITT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 82.5% below our estimate of its fair value

Earnings grew by 30.3% over the past year

Risk Analysis

Negative shareholders equity

Makes less than USD$1m in revenue ($0)

Less than 3 years of financial data is available

Has a high level of debt

Logistics Innovation Technologies Corp. Competitors

MELI Kaszek Pioneer

NasdaqGM:MEKA

US$438.2m

Pontem

NYSE:PNTM

US$441.7m

Acropolis Infrastructure Acquisition

NYSE:ACRO

US$173.7m

TortoiseEcofin Acquisition III

OTCPK:TRTL.F

US$267.0m

Price History & Performance

Summary of all time highs, changes and price drops for Logistics Innovation Technologies
Historical stock prices
Current Share Price	US$10.24
52 Week High	US$10.97
52 Week Low	US$9.69
Beta	0
11 Month Change	0.20%
3 Month Change	1.09%
1 Year Change	5.03%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	n/a

Recent updates

Shareholder Returns

	LITT	US Capital Markets	US Market
7D	-0.2%	0.06%	0.5%
1Y	5.0%	52.3%	30.7%

Return vs Industry: LITT underperformed the US Capital Markets industry which returned 13% over the past year.

Return vs Market: LITT underperformed the US Market which returned 17.7% over the past year.

Price Volatility

Is LITT's price volatile compared to industry and market?
LITT volatility
LITT Average Weekly Movement	0.8%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.1%

Stable Share Price: LITT has not had significant price volatility in the past 3 months.

Volatility Over Time: LITT's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Alan Gershenhorn	n/a

Logistics Innovation Technologies Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to acquire businesses serving the senior market or capable of being repositioned to do so.

Logistics Innovation Technologies Corp. Fundamentals Summary

How do Logistics Innovation Technologies's earnings and revenue compare to its market cap?
LITT fundamental statistics
Market cap	US$436.35m
Earnings (TTM)	US$9.55m
Revenue (TTM)	n/a

45.7x

P/E Ratio

0.0x

P/S Ratio

Is LITT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LITT income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$9.55m
Earnings	US$9.55m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-1.7%

How did LITT perform over the long term?

See historical performance and comparison

Logistics Innovation Technologies NasdaqGM:LITT Stock Report