Altech Chemicals Limited focuses on producing high purity alumina used in the production of synthetic sapphire.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.09|
|52 Week High||AU$0.035|
|52 Week Low||AU$0.10|
|1 Month Change||34.33%|
|3 Month Change||69.81%|
|1 Year Change||80.00%|
|3 Year Change||-21.74%|
|5 Year Change||-18.18%|
|Change since IPO||-56.10%|
Recent News & Updates
Altech Chemicals (ASX:ATC) Might Have The Makings Of A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Robust Earnings May Not Tell The Whole Story For Altech Chemicals (ASX:ATC)
Despite posting some strong earnings, the market for Altech Chemicals Limited's ( ASX:ATC ) stock hasn't moved much...
Can Mixed Fundamentals Have A Negative Impact on Altech Chemicals Limited (ASX:ATC) Current Share Price Momentum?
Altech Chemicals' (ASX:ATC) stock is up by a considerable 66% over the past three months. But the company's key...
|ATC||AU Metals and Mining||AU Market|
Return vs Industry: ATC exceeded the Australian Metals and Mining industry which returned 10.8% over the past year.
Return vs Market: ATC exceeded the Australian Market which returned 21.3% over the past year.
Stable Share Price: ATC is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: ATC's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Altech Chemicals Limited focuses on producing high purity alumina used in the production of synthetic sapphire. It holds 100% interest in a kaolin deposit located in the Meckering, Western Australia. The company was formerly known as Australia Minerals and Mining Group Limited and changed its name to Altech Chemicals Limited in November 2014.
Altech Chemicals Fundamentals Summary
|ATC fundamental statistics|
Is ATC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ATC income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0018|
|Net Profit Margin||334,176.15%|
How did ATC perform over the long term?See historical performance and comparison
Is Altech Chemicals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ATC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ATC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ATC is poor value based on its PE Ratio (50x) compared to the Australian Metals and Mining industry average (14.6x).
PE vs Market: ATC is poor value based on its PE Ratio (50x) compared to the Australian market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATC is good value based on its PB Ratio (1.3x) compared to the AU Metals and Mining industry average (2.6x).
How is Altech Chemicals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Altech Chemicals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Altech Chemicals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATC has a large one-off gain of A$7.3M impacting its June 30 2021 financial results.
Growing Profit Margin: ATC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ATC has become profitable over the past 5 years, growing earnings by 16.7% per year.
Accelerating Growth: ATC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ATC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: ATC's Return on Equity (2.6%) is considered low.
How is Altech Chemicals's financial position?
Financial Position Analysis
Short Term Liabilities: ATC's short term assets (A$7.0M) exceed its short term liabilities (A$686.4K).
Long Term Liabilities: ATC's short term assets (A$7.0M) exceed its long term liabilities (A$154.1K).
Debt to Equity History and Analysis
Debt Level: ATC is debt free.
Reducing Debt: ATC had no debt 5 years ago.
Debt Coverage: ATC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ATC has no debt, therefore coverage of interest payments is not a concern.
What is Altech Chemicals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ATC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ATC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATC's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Iggy Tan (58 yo)
Mr. Ignatius Kim-Seng Tan, also known as Iggy, BSc, MBA, GAICD has been Member of Management Board of Altech Advanced Materials AG since July 2019 and serves as its Managing Director. Mr. Tan has been Mana...
CEO Compensation Analysis
Compensation vs Market: Iggy's total compensation ($USD422.89K) is above average for companies of similar size in the Australian market ($USD302.87K).
Compensation vs Earnings: Iggy's compensation has been consistent with company performance over the past year.
Experienced Management: ATC's management team is seasoned and experienced (6.9 years average tenure).
Experienced Board: ATC's board of directors are considered experienced (7.2 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 diluted in the past year, with total shares outstanding growing by 41.7%.
Altech Chemicals Limited's employee growth, exchange listings and data sources
- Name: Altech Chemicals Limited
- Ticker: ATC
- Exchange: ASX
- Founded: 2007
- Industry: Aluminum
- Sector: Materials
- Market Cap: AU$115.839m
- Shares outstanding: 1.29b
- Website: https://www.altechchemicals.com
Number of Employees
- Altech Chemicals Limited
- 295 Rokeby Road
- Suite 8
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 07:02|
|End of Day Share Price||2021/10/22 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.