Allkem Limited

ASX:AKE Stock Report

Market Cap: AU$6.3b

This company listing is no longer active

This company may still be operating, however this listing is no longer active.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.

Allkem Past Earnings Performance

Past criteria checks 3/6

Allkem has been growing earnings at an average annual rate of 64.9%, while the Metals and Mining industry saw earnings growing at 22.5% annually. Revenues have been growing at an average rate of 69.1% per year. Allkem's return on equity is 14.7%, and it has net margins of 36.8%.

Key information

64.9%

Earnings growth rate

47.9%

EPS growth rate

Metals and Mining Industry Growth22.3%
Revenue growth rate69.1%
Return on equity14.7%
Net Margin36.8%
Last Earnings Update30 Jun 2023

Recent past performance updates

Recent updates

Here's Why Allkem (ASX:AKE) Can Manage Its Debt Responsibly

Dec 04
Here's Why Allkem (ASX:AKE) Can Manage Its Debt Responsibly

Is Allkem Limited (ASX:AKE) Trading At A 24% Discount?

Nov 01
Is Allkem Limited (ASX:AKE) Trading At A 24% Discount?

Here's Why We Think Allkem (ASX:AKE) Is Well Worth Watching

Oct 14
Here's Why We Think Allkem (ASX:AKE) Is Well Worth Watching

Does Allkem (ASX:AKE) Have A Healthy Balance Sheet?

Sep 04
Does Allkem (ASX:AKE) Have A Healthy Balance Sheet?

Allkem Limited's (ASX:AKE) Intrinsic Value Is Potentially 50% Above Its Share Price

Jul 12
Allkem Limited's (ASX:AKE) Intrinsic Value Is Potentially 50% Above Its Share Price

Allkem (ASX:AKE) Has A Pretty Healthy Balance Sheet

Mar 23
Allkem (ASX:AKE) Has A Pretty Healthy Balance Sheet

These 4 Measures Indicate That Allkem (ASX:AKE) Is Using Debt Reasonably Well

Nov 26
These 4 Measures Indicate That Allkem (ASX:AKE) Is Using Debt Reasonably Well

Is Allkem (ASX:AKE) Using Too Much Debt?

Mar 28
Is Allkem (ASX:AKE) Using Too Much Debt?

Estimating The Fair Value Of Allkem Limited (ASX:AKE)

Feb 21
Estimating The Fair Value Of Allkem Limited (ASX:AKE)

Does Allkem (ASX:AKE) Have A Healthy Balance Sheet?

Dec 28
Does Allkem (ASX:AKE) Have A Healthy Balance Sheet?

Here's Why Orocobre Limited's (ASX:ORE) CEO Compensation Is The Least Of Shareholders' Concerns

Nov 23
Here's Why Orocobre Limited's (ASX:ORE) CEO Compensation Is The Least Of Shareholders' Concerns

Revenue & Expenses Breakdown

How Allkem makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:AKE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 231,2084451360
31 Mar 231,1654581290
31 Dec 221,1474731250
30 Sep 229583891100
30 Jun 22745303910
31 Mar 22487139620
31 Dec 21229-24330
30 Sep 21157-42270
30 Jun 2185-60210
31 Mar 2174-58190
31 Dec 2064-56180
30 Sep 2071-54190
30 Jun 2077-52210
31 Mar 2099-18230
31 Dec 1912116260
30 Sep 1910135220
30 Jun 198155190
31 Mar 195036170
31 Dec 181918150
30 Sep 181810160
30 Jun 18172170
31 Dec 17175130
30 Sep 17175120
30 Jun 17175100
31 Dec 16156130
30 Sep 1615-8130
30 Jun 1616-22130
31 Mar 1617-22120
31 Dec 1520-23120
30 Sep 1520-12120
30 Jun 1519-1110
31 Mar 1517-1100
31 Dec 1418-290
30 Sep 1420-390
30 Jun 1422-590
31 Mar 1421-590
31 Dec 1320-4100
30 Sep 132089110
30 Jun 131688100
31 Mar 131310190

Quality Earnings: AKE has high quality earnings.

Growing Profit Margin: AKE's current net profit margins (36.8%) are lower than last year (40.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AKE's earnings have grown significantly by 64.9% per year over the past 5 years.

Accelerating Growth: AKE's earnings growth over the past year (46.8%) is below its 5-year average (64.9% per year).

Earnings vs Industry: AKE earnings growth over the past year (46.8%) exceeded the Metals and Mining industry -22.2%.

Return on Equity

High ROE: AKE's Return on Equity (14.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/01/06 14:36
End of Day Share Price 2023/12/21 00:00
Earnings2023/06/30
Annual Earnings2023/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Allkem Limited is covered by 21 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joel JacksonBMO Capital Markets Equity Research
James RedfernBofA Global Research
Jonathan HykawyByron Capital Markets