| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
PLL Overview
Piedmont Lithium Inc., an exploration stage company, engages in the exploration and development of resource projects in the United States.
Piedmont Lithium Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.84 |
| 52 Week High | AU$0.28 |
| 52 Week Low | AU$1.14 |
| Beta | 0.46 |
| 1 Month Change | 23.36% |
| 3 Month Change | 13.42% |
| 1 Year Change | 113.92% |
| 3 Year Change | 525.93% |
| 5 Year Change | 1,090.14% |
| Change since IPO | -83.75% |
Recent News & Updates
Is Piedmont Lithium (ASX:PLL) Using Debt Sensibly?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
| PLL | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | 3.0% | 1.8% | 1.5% |
| 1Y | 113.9% | 11.3% | 21.1% |
Return vs Industry: PLL exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.
Return vs Market: PLL exceeded the Australian Market which returned 20.2% over the past year.
Price Volatility
| PLL volatility | |
|---|---|
| PLL Beta | 0.46 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: PLL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: PLL's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | n/a | Keith Phillips | https://www.piedmontlithium.com |
Piedmont Lithium Inc., an exploration stage company, engages in the exploration and development of resource projects in the United States. The company primarily holds a 100% interest in the Carolina Lithium Project that include an area of approximately 3,116 acres located within the Carolina Tin-Spodumene Belt situated to the west of Charlotte, North Carolina in the United States. It also owns a 61-acre property in Kings Mountain, North Carolina.
Piedmont Lithium Fundamentals Summary
| PLL fundamental statistics | |
|---|---|
| Market Cap | US$986.84m |
| Earnings (TTM) | -US$19.99m |
| Revenue (TTM) | n/a |
0x
P/S Ratio-49.4x
P/E RatioIs PLL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PLL income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Expenses | US$19.99m |
| Earnings | -US$19.99m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.013 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 1.3% |
How did PLL perform over the long term?
See historical performance and comparisonValuation
Is Piedmont Lithium undervalued compared to its fair value and its price relative to the market?
5.47x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PLL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PLL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PLL is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: PLL is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLL is overvalued based on its PB Ratio (5.5x) compared to the AU Metals and Mining industry average (2.6x).
Future Growth
How is Piedmont Lithium forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
69.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PLL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: PLL is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PLL's is expected to become profitable in the next 3 years.
Revenue vs Market: PLL is forecast to have no revenue next year.
High Growth Revenue: PLL is forecast to have no revenue next year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PLL is forecast to be unprofitable in 3 years.
Past Performance
How has Piedmont Lithium performed over the past 5 years?
-32.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLL is currently unprofitable.
Growing Profit Margin: PLL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: PLL is unprofitable, and losses have increased over the past 5 years at a rate of 32.5% per year.
Accelerating Growth: Unable to compare PLL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PLL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: PLL has a negative Return on Equity (-11.08%), as it is currently unprofitable.
Financial Health
How is Piedmont Lithium's financial position?
Financial Position Analysis
Short Term Liabilities: PLL's short term assets ($143.9M) exceed its short term liabilities ($6.2M).
Long Term Liabilities: PLL's short term assets ($143.9M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: PLL's debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PLL's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
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: PLL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PLL has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 47% each year.
Dividend
What is Piedmont Lithium current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PLL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PLL'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 PLL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PLL'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 PLL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Keith Phillips (60 yo)
4.25yrs
Tenure
US$1,368,167
Compensation
Mr. Keith Douglas Phillips, B.Com, H.B.Com., MBA, has been Chief Executive Officer, President, Managing Director and Director at Piedmont Lithium Inc., since July 10, 2017. Mr. Phillips served as Managing...
CEO Compensation Analysis
Compensation vs Market: Keith's total compensation ($USD1.37M) is above average for companies of similar size in the Australian market ($USD989.90K).
Compensation vs Earnings: Keith's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: PLL's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: PLL's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.2%.
Top Shareholders
Company Information
Piedmont Lithium Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Piedmont Lithium Inc.
- Ticker: PLL
- Exchange: ASX
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$1.320b
- Shares outstanding: 1.56b
- Website: https://www.piedmontlithium.com
Number of Employees
Location
- Piedmont Lithium Inc.
- 32 North Main Street
- Suite 100
- Belmont
- North Carolina
- 28012
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 15:15 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.