company background image
PLS logo

Pilbara Minerals ASX:PLS Stock Report

Last Price

AU$2.07

Market Cap

AU$6.2b

7D

-8.4%

1Y

-46.0%

Updated

20 Dec, 2024

Data

Company Financials +

Pilbara Minerals Limited

ASX:PLS Stock Report

Market Cap: AU$6.2b

PLS Stock Overview

Engages in the exploration, development, and operation of mineral resources in Australia. More details

PLS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends0/6

Rewards

Earnings are forecast to grow 28.61% per year

Risk Analysis

High level of non-cash earnings

Profit margins (20.5%) are lower than last year (58.8%)


My Notes

Capture your thoughts, links and company narrative

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 15 Analysts

Strategic P1000 Expansion And POSCO Partnership Propel Lithium Growth And Boost Margins

Key Takeaways Strategic projects and acquisitions aim to enhance production capacity, diversify revenue, and reduce costs, improving operational efficiency and future growth prospects. Downstream expansion and focus on efficient operations intend to optimize costs and capture additional supply chain value, potentially boosting earnings.
View narrative
AU$3.07
FV
32.5% undervalued intrinsic discount
8.28%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
4users have followed this narrative
2 days ago author updated this narrative

Pilbara Minerals Limited Competitors

Nickel Industries

ASX:NIC

AU$3.5b

Mineral Resources

ASX:MIN

AU$6.4b

Lynas Rare Earths

ASX:LYC

AU$5.9b

Iluka Resources

ASX:ILU

AU$2.1b

Price History & Performance

Summary of share price highs, lows and changes for Pilbara Minerals
Historical stock prices
Current Share PriceAU$2.07
52 Week HighAU$4.58
52 Week LowAU$2.06
Beta1.6
1 Month Change-28.37%
3 Month Change-25.81%
1 Year Change-45.95%
3 Year Change-30.07%
5 Year Change681.13%
Change since IPO12,837.50%

Recent News & Updates

Pilbara Minerals Limited (ASX:PLS) Not Doing Enough For Some Investors As Its Shares Slump 25%

Dec 07
Pilbara Minerals Limited (ASX:PLS) Not Doing Enough For Some Investors As Its Shares Slump 25%

Analysts Just Slashed Their Pilbara Minerals Limited (ASX:PLS) EPS Numbers

Oct 31
Analysts Just Slashed Their Pilbara Minerals Limited (ASX:PLS) EPS Numbers

Recent updates

Pilbara Minerals Limited (ASX:PLS) Not Doing Enough For Some Investors As Its Shares Slump 25%

Dec 07
Pilbara Minerals Limited (ASX:PLS) Not Doing Enough For Some Investors As Its Shares Slump 25%

Analysts Just Slashed Their Pilbara Minerals Limited (ASX:PLS) EPS Numbers

Oct 31
Analysts Just Slashed Their Pilbara Minerals Limited (ASX:PLS) EPS Numbers

There's No Escaping Pilbara Minerals Limited's (ASX:PLS) Muted Revenues Despite A 27% Share Price Rise

Oct 06
There's No Escaping Pilbara Minerals Limited's (ASX:PLS) Muted Revenues Despite A 27% Share Price Rise

Pilbara Minerals (ASX:PLS) Has A Pretty Healthy Balance Sheet

Sep 16
Pilbara Minerals (ASX:PLS) Has A Pretty Healthy Balance Sheet

Pilbara Minerals Limited (ASX:PLS) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 29
Pilbara Minerals Limited (ASX:PLS) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Lacklustre Performance Is Driving Pilbara Minerals Limited's (ASX:PLS) Low P/E

Jul 19
Lacklustre Performance Is Driving Pilbara Minerals Limited's (ASX:PLS) Low P/E

Why We Like The Returns At Pilbara Minerals (ASX:PLS)

Jun 22
Why We Like The Returns At Pilbara Minerals (ASX:PLS)

Pilbara Minerals Limited (ASX:PLS) Shares Could Be 44% Below Their Intrinsic Value Estimate

May 13
Pilbara Minerals Limited (ASX:PLS) Shares Could Be 44% Below Their Intrinsic Value Estimate

We Think Pilbara Minerals (ASX:PLS) Can Stay On Top Of Its Debt

Apr 07
We Think Pilbara Minerals (ASX:PLS) Can Stay On Top Of Its Debt

Returns on Capital Paint A Bright Future For Pilbara Minerals (ASX:PLS)

Mar 20
Returns on Capital Paint A Bright Future For Pilbara Minerals (ASX:PLS)

Pilbara Minerals Limited (ASX:PLS) Held Back By Insufficient Growth Even After Shares Climb 27%

Mar 02
Pilbara Minerals Limited (ASX:PLS) Held Back By Insufficient Growth Even After Shares Climb 27%

Is Pilbara Minerals Limited (ASX:PLS) Expensive For A Reason? A Look At Its Intrinsic Value

Feb 11
Is Pilbara Minerals Limited (ASX:PLS) Expensive For A Reason? A Look At Its Intrinsic Value

Pilbara Minerals Limited (ASX:PLS) Analysts Just Cut Their EPS Forecasts Substantially

Jan 25
Pilbara Minerals Limited (ASX:PLS) Analysts Just Cut Their EPS Forecasts Substantially

Is Now The Time To Put Pilbara Minerals (ASX:PLS) On Your Watchlist?

Dec 06
Is Now The Time To Put Pilbara Minerals (ASX:PLS) On Your Watchlist?

Pilbara Minerals (ASX:PLS) Seems To Use Debt Rather Sparingly

Nov 04
Pilbara Minerals (ASX:PLS) Seems To Use Debt Rather Sparingly

Analysts Are More Bearish On Pilbara Minerals Limited (ASX:PLS) Than They Used To Be

Oct 20
Analysts Are More Bearish On Pilbara Minerals Limited (ASX:PLS) Than They Used To Be

A Look At The Fair Value Of Pilbara Minerals Limited (ASX:PLS)

Oct 06
A Look At The Fair Value Of Pilbara Minerals Limited (ASX:PLS)

Pilbara Minerals Limited's (ASX:PLS) Share Price Is Matching Sentiment Around Its Earnings

Sep 18
Pilbara Minerals Limited's (ASX:PLS) Share Price Is Matching Sentiment Around Its Earnings

Does Pilbara Minerals (ASX:PLS) Deserve A Spot On Your Watchlist?

Aug 25
Does Pilbara Minerals (ASX:PLS) Deserve A Spot On Your Watchlist?

Calculating The Fair Value Of Pilbara Minerals Limited (ASX:PLS)

May 20
Calculating The Fair Value Of Pilbara Minerals Limited (ASX:PLS)

Pilbara Minerals (ASX:PLS) Could Easily Take On More Debt

Apr 08
Pilbara Minerals (ASX:PLS) Could Easily Take On More Debt

Pilbara Minerals Limited's (ASX:PLS) Intrinsic Value Is Potentially 35% Above Its Share Price

Feb 06
Pilbara Minerals Limited's (ASX:PLS) Intrinsic Value Is Potentially 35% Above Its Share Price

Returns On Capital Are A Standout For Pilbara Minerals (ASX:PLS)

Nov 29
Returns On Capital Are A Standout For Pilbara Minerals (ASX:PLS)

Pilbara Minerals (ASX:PLS) Seems To Use Debt Quite Sensibly

Oct 28
Pilbara Minerals (ASX:PLS) Seems To Use Debt Quite Sensibly

Pilbara Minerals Limited (ASX:PLS) Shares Could Be 48% Below Their Intrinsic Value Estimate

Sep 15
Pilbara Minerals Limited (ASX:PLS) Shares Could Be 48% Below Their Intrinsic Value Estimate

Pilbara Minerals (ASX:PLS) Shareholders Will Want The ROCE Trajectory To Continue

Jul 29
Pilbara Minerals (ASX:PLS) Shareholders Will Want The ROCE Trajectory To Continue

Shareholder Returns

PLSAU Metals and MiningAU Market
7D-8.4%-5.2%-2.7%
1Y-46.0%-19.5%6.5%

Return vs Industry: PLS underperformed the Australian Metals and Mining industry which returned -19.5% over the past year.

Return vs Market: PLS underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is PLS's price volatile compared to industry and market?
PLS volatility
PLS Average Weekly Movement6.7%
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

Stable Share Price: PLS has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: PLS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005917Dale Hendersonwww.pilbaraminerals.com.au

Pilbara Minerals Limited engages in the exploration, development, and operation of mineral resources in Australia. The company primarily explores for lithium. It primarily holds a 100% interest in the Pilgangoora project located in the Pilbara region of Western Australia.

Pilbara Minerals Limited Fundamentals Summary

How do Pilbara Minerals's earnings and revenue compare to its market cap?
PLS fundamental statistics
Market capAU$6.24b
Earnings (TTM)AU$256.88m
Revenue (TTM)AU$1.25b

24.3x

P/E Ratio

5.0x

P/S Ratio

Is PLS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PLS income statement (TTM)
RevenueAU$1.25b
Cost of RevenueAU$725.28m
Gross ProfitAU$528.84m
Other ExpensesAU$271.95m
EarningsAU$256.88m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.085
Gross Margin42.17%
Net Profit Margin20.48%
Debt/Equity Ratio13.8%

How did PLS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 03:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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

Pilbara Minerals Limited is covered by 34 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Glyn LawcockBarrenjoey Markets Pty Limited
Josh KannourakisBarrenjoey Markets Pty Limited