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Altech Batteries ASX:ATC Stock Report

Last Price

AU$0.064

Market Cap

AU$112.4m

7D

-5.9%

1Y

-36.0%

Updated

17 Apr, 2024

Data

Company Financials

Altech Batteries Limited

ASX:ATC Stock Report

Market Cap: AU$112.4m

ATC Stock Overview

Altech Batteries Limited operates as a specialty battery technology company in Australia.

ATC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Altech Batteries Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Altech Batteries
Historical stock prices
Current Share PriceAU$0.064
52 Week HighAU$0.12
52 Week LowAU$0.05
Beta0.32
1 Month Change-14.67%
3 Month Change-3.03%
1 Year Change-36.00%
3 Year Change3.23%
5 Year Change-54.29%
Change since IPO-68.78%

Recent News & Updates

We're Hopeful That Altech Chemicals (ASX:ATC) Will Use Its Cash Wisely

Feb 16
We're Hopeful That Altech Chemicals (ASX:ATC) Will Use Its Cash Wisely

Recent updates

We're Hopeful That Altech Chemicals (ASX:ATC) Will Use Its Cash Wisely

Feb 16
We're Hopeful That Altech Chemicals (ASX:ATC) Will Use Its Cash Wisely

We Think Altech Chemicals (ASX:ATC) Can Afford To Drive Business Growth

Oct 31
We Think Altech Chemicals (ASX:ATC) Can Afford To Drive Business Growth

Companies Like Altech Chemicals (ASX:ATC) Can Afford To Invest In Growth

Jul 05
Companies Like Altech Chemicals (ASX:ATC) Can Afford To Invest In Growth

Altech Chemicals (ASX:ATC) Might Have The Makings Of A Multi-Bagger

Jul 06
Altech Chemicals (ASX:ATC) Might Have The Makings Of A Multi-Bagger

Robust Earnings May Not Tell The Whole Story For Altech Chemicals (ASX:ATC)

Mar 22
Robust Earnings May Not Tell The Whole Story For Altech Chemicals (ASX:ATC)

Can Mixed Fundamentals Have A Negative Impact on Altech Chemicals Limited (ASX:ATC) Current Share Price Momentum?

Mar 19
Can Mixed Fundamentals Have A Negative Impact on Altech Chemicals Limited (ASX:ATC) Current Share Price Momentum?

Have Insiders Been Selling Altech Chemicals Limited (ASX:ATC) Shares?

Dec 17
Have Insiders Been Selling Altech Chemicals Limited (ASX:ATC) Shares?

Shareholder Returns

ATCAU Metals and MiningAU Market
7D-5.9%-0.8%-2.8%
1Y-36.0%-6.7%4.0%

Return vs Industry: ATC underperformed the Australian Metals and Mining industry which returned -6.7% over the past year.

Return vs Market: ATC underperformed the Australian Market which returned 4% over the past year.

Price Volatility

Is ATC's price volatile compared to industry and market?
ATC volatility
ATC Average Weekly Movement10.9%
Metals and Mining Industry Average Movement12.5%
Market Average Movement9.0%
10% most volatile stocks in AU Market17.4%
10% least volatile stocks in AU Market3.5%

Stable Share Price: ATC's share price has been volatile over the past 3 months.

Volatility Over Time: ATC's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200719Iggy Tanwww.altechgroup.com

Altech Batteries Limited operates as a specialty battery technology company in Australia. It holds interest in the CERENERGY Battery Project, an alternative salt nickel battery for grid storage; Silumina Anodes Project, an alumina coated silicon graphite anode material for batteries; and high purity alumina project. The company was formerly known as Altech Chemicals Limited and changed its name to Altech Batteries Limited in February 2023.

Altech Batteries Limited Fundamentals Summary

How do Altech Batteries's earnings and revenue compare to its market cap?
ATC fundamental statistics
Market capAU$112.43m
Earnings (TTM)-AU$73.57m
Revenue (TTM)n/a

9,999x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ATC income statement (TTM)
Revenue-AU$4.01k
Cost of RevenueAU$0
Gross Profit-AU$4.01k
Other ExpensesAU$73.56m
Earnings-AU$73.57m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.044
Gross Margin100.00%
Net Profit Margin1,833,188.91%
Debt/Equity Ratio25.1%

How did ATC perform over the long term?

See historical performance and comparison
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