AKE Stock Overview
Allkem Limited engages in the exploration, development, and production of lithium and boron in Argentina.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$13.46|
|52 Week High||AU$14.27|
|52 Week Low||AU$5.45|
|1 Month Change||5.49%|
|3 Month Change||43.50%|
|1 Year Change||113.99%|
|3 Year Change||302.99%|
|5 Year Change||264.77%|
|Change since IPO||5,284.00%|
Recent News & Updates
Is Allkem (ASX:AKE) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
|AKE||AU Metals and Mining||AU Market|
Return vs Industry: AKE exceeded the Australian Metals and Mining industry which returned 6.3% over the past year.
Return vs Market: AKE exceeded the Australian Market which returned 0.5% over the past year.
|AKE Average Weekly Movement||8.1%|
|Metals and Mining Industry Average Movement||11.0%|
|Market Average Movement||9.3%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.2%|
Stable Share Price: AKE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: AKE's weekly volatility (8%) has been stable over the past year.
About the Company
|2005||n/a||Martin de Solay||https://www.allkem.co|
Allkem Limited engages in the exploration, development, and production of lithium and boron in Argentina. The company’s flagship project is the Olaroz Lithium Facility located in Jujuy province in northern Argentina. Allkem Limited was incorporated in 2005 and is based in Brisbane, Australia.
Allkem Fundamentals Summary
|AKE fundamental statistics|
Is AKE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AKE income statement (TTM)|
|Cost of Revenue||US$85.88m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.038|
|Net Profit Margin||-9.98%|
How did AKE perform over the long term?See historical performance and comparison
How is Allkem forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AKE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.8%).
Earnings vs Market: AKE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AKE's is expected to become profitable in the next 3 years.
Revenue vs Market: AKE's revenue (26% per year) is forecast to grow faster than the Australian market (4.8% per year).
High Growth Revenue: AKE's revenue (26% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AKE's Return on Equity is forecast to be low in 3 years time (16.3%).
How has Allkem performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AKE is currently unprofitable.
Growing Profit Margin: AKE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AKE is unprofitable, and losses have increased over the past 5 years at a rate of 51.2% per year.
Accelerating Growth: Unable to compare AKE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AKE is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.8%).
Return on Equity
High ROE: AKE has a negative Return on Equity (-1.72%), as it is currently unprofitable.
How is Allkem's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AKE's short term assets ($560.6M) exceed its short term liabilities ($132.2M).
Long Term Liabilities: AKE's short term assets ($560.6M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AKE has more cash than its total debt.
Reducing Debt: AKE's debt to equity ratio has increased from 0.9% to 12.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AKE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AKE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Allkem current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AKE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AKE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AKE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AKE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AKE has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Martin de Solay (51 yo)
Mr. Martin Perez de Solay, (I.ENG), has been CEO and Managing Director of Allkem Limited (formerly known as Orocobre Limited) since November 23, 2018 and its Director since January 18, 2018. He is a qualif...
CEO Compensation Analysis
Compensation vs Market: Martin's total compensation ($USD1.19M) is below average for companies of similar size in the Australian market ($USD2.35M).
Compensation vs Earnings: Martin's compensation has been consistent with company performance over the past year.
Experienced Management: AKE's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Experienced Board: AKE's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 85.3%.
Allkem Limited's employee growth, exchange listings and data sources
- Name: Allkem Limited
- Ticker: AKE
- Exchange: ASX
- Founded: 2005
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$8.277b
- Shares outstanding: 637.66m
- Website: https://www.allkem.co
Number of Employees
- Allkem Limited
- Riparian Plaza
- Level 35
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.