UPDATED Dec 04, 2023
4 companies
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide.
Project feasibility.
Ability to be self-funded.
Albemarle has a firm grasp on the market and seems positioned to continue riding this lithium wave from strength to strength. But these factors don’t paint the full picture and investors should always consider the financials of a company to inform their assessment.
Price-To-Earnings ratio (4.2x) is below the US market (16.2x)
Earnings are forecast to grow 6.6% per year
Earnings grew by 113.9% over the past year
High level of non-cash earnings
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine derivatives, lithium derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services.
Significant Expansion pipeline.
Variable exposure to lithium prices.
Investors should always consider the risks and financial health of a company to inform their investment decision.
Trading at 10.2% below our estimate of its fair value
Earnings are forecast to decline by an average of 0.7% per year for the next 3 years
High level of non-cash earnings
Livent Corporation manufactures and sells performance lithium compounds primarily used in lithium-based batteries, specialty polymers, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.
Low cost focus.
Exposure to Lithium Carbonate, Lithium Chloride and Lithium Hydroxide prices.
Livent is a smaller company and that does carry some possible risks.
Trading at 31% below our estimate of its fair value
Earnings are forecast to grow 18.47% per year
Earnings grew by 89.2% over the past year
High level of non-cash earnings
Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States.
Ability to fast-track commercial brine operations using existing brine operations.
First to market with a revolutionary extraction process.
Earnings have declined by 36.7% per year over past 5 years
Makes less than USD$1m in revenue (CA$0)
Shareholders have been diluted in the past year
Simply Wall St analyst Bailey Pemberton and Simply Wall St have no position in any of the companies mentioned.