Latest Ratios: P/E Ratio 10.6x · EV/EBITDA 14.7x · ROE 3.5%. (2016–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $111M | $87M | $332M | — | — | — | — | — | — | — | — |
| Enterprise Value | $392M | $368M | $587M | — | — | — | — | — | — | — | — |
| P/E Ratio → | 10.61 | 8.27 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 2.21 | 1.73 | 7.56 | — | — | — | — | — | — | — | — |
| P/B Ratio | 0.34 | 0.27 | 1.22 | — | — | — | — | — | — | — | — |
| P/FCF | 42.18 | 33.02 | 125.16 | — | — | — | — | — | — | — | — |
| P/OCF | 39.92 | 31.26 | 17.11 | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.34 | 13.39 | — | — | — | — | — | — | — | — |
| EV / EBITDA | 14.74 | 13.83 | 26.25 | — | — | — | — | — | — | — | — |
| EV / EBIT | 15.32 | 7.84 | 46.33 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 140.21 | 221.62 | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 80.9% | 80.9% | 84.1% | 87.0% | 83.1% | 84.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Margin | 51.0% | 51.0% | 48.5% | 65.6% | 67.8% | 63.0% | 76.6% | 61.0% | 29.2% | -32.7% | -4800.4% |
| Net Profit Margin | 20.9% | 20.9% | -66.8% | 8.0% | 25.1% | 16.1% | -31.9% | 197.7% | 192.6% | 853.9% | -4763.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.5% | 3.5% | -11.0% | 1.3% | 3.4% | 1.7% | -2.7% | 11.8% | 9.4% | 24.2% | -4.9% |
| ROA | 1.6% | 1.6% | -4.9% | 0.6% | 1.6% | 0.9% | -1.6% | 7.5% | 6.5% | 18.0% | -4.2% |
| ROIC | 3.4% | 3.4% | 3.1% | 4.2% | 3.9% | 3.2% | 3.4% | 2.1% | 0.9% | -0.7% | -4.6% |
| ROCE | 4.0% | 4.0% | 3.7% | 5.6% | 5.3% | 3.9% | 4.0% | 2.3% | 1.0% | -0.7% | -4.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.95 | 0.95 | 1.03 | 1.05 | 0.89 | 0.79 | 0.53 | 0.48 | 0.29 | 0.33 | — |
| Debt / EBITDA | 11.61 | 11.61 | 12.48 | 10.48 | 9.55 | 11.54 | 8.65 | 15.17 | — | — | — |
| Net Debt / Equity | — | 0.87 | 0.94 | 0.92 | 0.84 | 0.74 | 0.47 | 0.35 | 0.20 | 0.24 | -0.19 |
| Net Debt / EBITDA | 10.57 | 10.57 | 11.43 | 9.24 | 8.98 | 10.75 | 7.60 | 11.32 | — | — | — |
| Debt / FCF | — | 107.18 | 96.46 | — | — | — | 36.07 | 36.62 | — | — | — |
| Interest Coverage | 2.22 | 2.22 | 0.56 | 1.10 | 1.97 | 2.78 | — | — | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.69 | 3.69 | 1.51 | 1.70 | 0.27 | 0.80 | 0.92 | 9.76 | 8.27 | 8.97 | 33.14 |
| Quick Ratio | 3.69 | 3.69 | 1.51 | 1.70 | 0.27 | 0.80 | 0.92 | 9.76 | 8.27 | 8.97 | 33.14 |
| Cash Ratio | 2.64 | 2.64 | 0.89 | 0.93 | 0.10 | 0.35 | 0.60 | 9.76 | 8.27 | 8.97 | 33.14 |
| Asset Turnover | — | 0.07 | 0.07 | 0.07 | 0.06 | 0.05 | 0.05 | 0.03 | 0.03 | 0.02 | 0.00 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.4% | 12.1% | — | — | — | — | — | — | — | — | — |
| FCF Yield | 2.4% | 3.0% | 0.8% | — | — | — | — | — | — | — | — |
| Buyback Yield | 1.8% | 2.3% | 0.4% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 1.8% | 2.3% | 0.4% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $32M | $31M | $168M | $168M | $168M | $168M | $168M | $168M | $168M | $168M |
Regional Political Volatility
Based on reported figures, LPA trades at a P/B ratio of 0.37, which suggests the market is applying a significant discount to the company's book value compared to larger industrial peers, likely reflecting heightened investor concerns regarding the political and economic stability of its Andean operating jurisdictions.
The current P/B multiple of 0.37 is notably low for an industrial REIT, implying that the market may be pricing in potential asset impairments or a lack of confidence in the reported book value of its logistics portfolio. Investors should monitor whether this valuation gap narrows as the company establishes a longer track record of consistent FFO generation and dividend payments.
According to recent SEC filings, LPA maintained a robust NOI margin of 82.2% in 2026Q1, yet this high property-level profitability is frequently offset by significant non-operating costs, suggesting that the REIT's core industrial operations are efficient while its overall bottom-line performance remains highly sensitive to external factors.
The stability of the NOI margin indicates that the underlying triple-net lease structure is functioning as intended, protecting the company from rising property-level expenses. However, the persistent gap between property-level margins and net profitability warrants further investigation into the company's administrative overhead and the impact of currency fluctuations on its financial results.
As reported in financial statements, LPA maintains a debt-to-equity ratio of approximately 1.01 as of 2026Q1, which indicates a conservative capital structure that provides the company with significant flexibility to pursue future development opportunities without immediate pressure from high interest-servicing obligations or refinancing risks.
This low leverage profile is a key differentiator for LPA, especially in a volatile interest rate environment where peers may face higher refinancing costs. While this conservative approach limits potential return on equity, it serves as a defensive buffer against the inherent risks of operating in emerging logistics markets.
Based on the provided financial data, the most commonly misapplied metric for LPA is the standard P/E ratio, which fails to account for the significant non-cash depreciation charges inherent in real estate accounting and obscures the company's true recurring cash-generating capacity as measured by FFO.
Using P/E to evaluate a REIT like LPA is fundamentally misleading because it treats depreciation as a cash expense, thereby artificially depressing earnings and distorting valuation comparisons. Analysts should instead prioritize FFO or AFFO multiples to better capture the actual cash flow available for distribution to shareholders and reinvestment into the portfolio.
Includes 30+ ratios · 10 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying LPA stock.
Logistic Properties of the Americas's current P/E ratio is 10.6x. The historical average is 8.3x. This places it at the 100th percentile of its historical range.
Logistic Properties of the Americas's current EV/EBITDA is 14.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 20.0x.
Logistic Properties of the Americas's return on equity (ROE) is 3.5%. The historical average is 3.7%.
Based on historical data, Logistic Properties of the Americas is trading at a P/E of 10.6x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Logistic Properties of the Americas has 80.9% gross margin and 51.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Logistic Properties of the Americas's Debt/EBITDA ratio is 11.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.