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SLI

Standard Lithium TSXV:SLI Stock Report

Last Price

CA$5.71

Market Cap

CA$951.0m

7D

-16.9%

1Y

-44.8%

Updated

26 Sep, 2022

Data

Company Financials +
SLI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SLI Stock Overview

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States.

Standard Lithium Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Standard Lithium
Historical stock prices
Current Share PriceCA$5.71
52 Week HighCA$15.92
52 Week LowCA$4.92
Beta2.17
1 Month Change-25.94%
3 Month Change-2.06%
1 Year Change-44.83%
3 Year Change661.33%
5 Year Change256.88%
Change since IPO178.54%

Recent News & Updates

Shareholder Returns

SLICA Metals and MiningCA Market
7D-16.9%-8.2%-6.4%
1Y-44.8%-17.2%-8.4%

Return vs Industry: SLI underperformed the Canadian Metals and Mining industry which returned -15.5% over the past year.

Return vs Market: SLI underperformed the Canadian Market which returned -7.3% over the past year.

Price Volatility

Is SLI's price volatile compared to industry and market?
SLI volatility
SLI Average Weekly Movement10.7%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.8%

Stable Share Price: SLI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1998n/aRobert Mintakhttps://www.standardlithium.com

Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with approximately 150,000 acres of brine leases located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.

Standard Lithium Fundamentals Summary

How do Standard Lithium's earnings and revenue compare to its market cap?
SLI fundamental statistics
Market CapCA$951.01m
Earnings (TTM)-CA$38.10m
Revenue (TTM)n/a

0.0x

P/S Ratio

-25.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SLI income statement (TTM)
RevenueCA$0
Cost of RevenueCA$11.81m
Gross Profit-CA$11.81m
Other ExpensesCA$26.29m
Earnings-CA$38.10m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.23
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did SLI perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SLI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SLI?

Other financial metrics that can be useful for relative valuation.

SLI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-31.9x
PEG Ration/a

Price to Book Ratio vs Peers

How does SLI's PB Ratio compare to its peers?

SLI PB Ratio vs Peers
The above table shows the PB ratio for SLI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average5x
AFM Alphamin Resources
1.8xn/aCA$782.7m
ALS Altius Minerals
1.8x-9.4%CA$809.1m
HBM Hudbay Minerals
0.6x16.2%CA$1.4b
SLS Solaris Resources
15.7x59.6%CA$636.6m
SLI Standard Lithium
5.4xn/aCA$951.0m

Price-To-Book vs Peers: SLI is expensive based on its Price-To-Book Ratio (5.4x) compared to the peer average (5x).


Price to Earnings Ratio vs Industry

How does SLI's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: SLI is expensive based on its Price-To-Book Ratio (5.4x) compared to the Canadian Metals and Mining industry average (1.5x)


Price to Book Ratio vs Fair Ratio

What is SLI's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SLI PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio5.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate SLI's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SLI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SLI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SLI's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

How is Standard Lithium forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


13.5%

Forecasted Materials industry annual growth in earnings

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if SLI's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if SLI's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if SLI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if SLI's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: SLI is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SLI's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Standard Lithium performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-25.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SLI is currently unprofitable.

Growing Profit Margin: SLI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SLI is unprofitable, and losses have increased over the past 5 years at a rate of 25.2% per year.

Accelerating Growth: Unable to compare SLI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SLI is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-8.3%).


Return on Equity

High ROE: SLI has a negative Return on Equity (-21.58%), as it is currently unprofitable.


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Financial Health

How is Standard Lithium's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: SLI's short term assets (CA$131.8M) exceed its short term liabilities (CA$6.8M).

Long Term Liabilities: SLI's short term assets (CA$131.8M) exceed its long term liabilities (CA$337.3K).


Debt to Equity History and Analysis

Debt Level: SLI is debt free.

Reducing Debt: SLI had no debt 5 years ago.


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: SLI has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SLI has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.1% each year


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Dividend

What is Standard Lithium current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Standard Lithium Dividend Yield vs Market
How does Standard Lithium dividend yield compare to the market?
SegmentDividend Yield
Company (Standard Lithium)n/a
Market Bottom 25% (CA)2.1%
Market Top 25% (CA)6.1%
Industry Average (Metals and Mining)2.9%
Analyst forecast in 3 Years (Standard Lithium)n/a

Notable Dividend: Unable to evaluate SLI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SLI'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 SLI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SLI's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SLI has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Robert Mintak (59 yo)

5.5yrs

Tenure

CA$450,000

Compensation

Mr. Robert Mintak serves as an Independent Director at Telescope Innovations Corp. since April 27, 2021. Mr. Mintak has been the Chief Executive Officer and Director at Standard Lithium Ltd. since March 21...


CEO Compensation Analysis

Robert Mintak's Compensation vs Standard Lithium Earnings
How has Robert Mintak's remuneration changed compared to Standard Lithium's earnings?
DateTotal Comp.SalaryCompany Earnings
Jun 30 2022n/an/a

-CA$38m

Mar 31 2022n/an/a

-CA$39m

Dec 31 2021n/an/a

-CA$35m

Sep 30 2021n/an/a

-CA$32m

Jun 30 2021CA$450kCA$350k

-CA$25m

Mar 31 2021n/an/a

-CA$23m

Dec 31 2020n/an/a

-CA$16m

Sep 30 2020n/an/a

-CA$11m

Jun 30 2020CA$300kCA$300k

-CA$10m

Mar 31 2020n/an/a

-CA$6m

Dec 31 2019n/an/a

-CA$4m

Sep 30 2019n/an/a

-CA$5m

Jun 30 2019CA$300kCA$300k

-CA$9m

Mar 31 2019n/an/a

-CA$3m

Dec 31 2018n/an/a

-CA$10m

Sep 30 2018n/an/a

-CA$14m

Jun 30 2018CA$264kCA$132k

-CA$20m

Mar 31 2018n/an/a

-CA$28m

Dec 31 2017CA$205kCA$160k

-CA$20m

Compensation vs Market: Robert's total compensation ($USD328.35K) is below average for companies of similar size in the Canadian market ($USD1.55M).

Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: SLI's management team is seasoned and experienced (5.4 years average tenure).


Board Members

Experienced Board: SLI's board of directors are considered experienced (5.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SLI insiders have only sold shares in the past 3 months.


Recent Insider Transactions

TSXV:SLI Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
21 Jul 22SellCA$25,280Kara NormanIndividual4,000CA$6.32
30 Jun 22SellCA$165,857Robert MintakIndividual30,000CA$5.53
29 Jun 22SellCA$168,234Robert MintakIndividual30,000CA$5.61
28 Jun 22SellCA$141,906Robert MintakIndividual30,000CA$4.73
28 Jun 22SellCA$12,400Kara NormanIndividual2,000CA$6.20
27 Jun 22SellCA$181,763Robert MintakIndividual30,000CA$6.06
27 Jun 22SellCA$48,660Kara NormanIndividual8,000CA$6.10
24 Jun 22SellCA$55,050Kara NormanIndividual9,000CA$6.12
23 Jun 22SellCA$13,310Kara NormanIndividual2,200CA$6.05
22 Jun 22SellCA$16,744Kara NormanIndividual2,800CA$5.98
21 Jun 22SellCA$23,355Kara NormanIndividual3,900CA$6.05
20 Jun 22SellCA$24,395Kara NormanIndividual4,100CA$5.95
20 Jun 22SellCA$299,269J. RobinsonIndividual51,300CA$5.83
17 Jun 22SellCA$37,620J. RobinsonIndividual6,600CA$5.70
13 Jun 22SellCA$696,873Robert MintakIndividual100,000CA$7.49
10 Jun 22SellCA$235,079J. RobinsonIndividual33,924CA$6.97
09 Jun 22SellCA$275,974J. RobinsonIndividual40,131CA$6.88
08 Jun 22SellCA$168,692J. RobinsonIndividual23,400CA$7.40
06 Jun 22SellCA$369,781J. RobinsonIndividual50,000CA$7.49
31 Mar 22SellCA$2,079,899Jeffrey BarberIndividual200,000CA$11.00
23 Mar 22SellCA$90,300Anthony AlvaroIndividual10,000CA$9.03
22 Mar 22SellCA$477,541Anthony AlvaroIndividual55,000CA$8.96
17 Mar 22SellCA$667,426Anthony AlvaroIndividual85,000CA$8.17
16 Mar 22SellCA$328,339Anthony AlvaroIndividual44,067CA$7.65
10 Mar 22SellCA$1,128,755Robert CrossIndividual150,000CA$7.14
04 Mar 22SellCA$1,918,579Robert CrossIndividual300,000CA$6.46
02 Mar 22SellCA$450,883Anthony AlvaroIndividual55,933CA$8.10
24 Feb 22BuyCA$166,666Robert MintakIndividual166,666CA$1.00
24 Feb 22BuyCA$200,000Anthony AlvaroIndividual200,000CA$1.00

Ownership Breakdown

What is the ownership structure of SLI?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders9,161,2445.6%
Private Companies13,480,0838.2%
Institutions21,868,74813.3%
General Public120,292,12273.0%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.3%.


Top Shareholders

Top 25 shareholders own 26.16% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
8.18%
Koch Industries, Inc.
13,480,083CA$77.0m0%no data
2.58%
Mirae Asset Global Investments Co., Ltd
4,248,769CA$24.3m-8.71%0.03%
2.43%
Van Eck Associates Corporation
3,996,729CA$22.8m-38.69%0.04%
2%
BNPP Asset Management Holding
3,303,196CA$18.9m25.22%0.03%
1.77%
Invesco Capital Management LLC
2,922,710CA$16.7m18.05%0.01%
1.3%
Commodity Capital AG
2,150,000CA$12.3m0%6.09%
1.23%
Robert Mintak
2,027,999CA$11.6m23.06%no data
1.23%
J. Robinson
2,018,944CA$11.5m24.9%no data
1.2%
Robert Cross
1,984,301CA$11.3m0%no data
1.03%
Anthony Alvaro
1,700,000CA$9.7m0%no data
0.74%
Volker Berl
1,216,000CA$6.9m8.96%no data
0.51%
Morgan Stanley, Investment Banking and Brokerage Investments
848,405CA$4.8m-29.84%no data
0.3%
Konwave AG
500,000CA$2.9m0%0.28%
0.2%
Orn & Cie SA
335,566CA$1.9m0%0.79%
0.2%
DZ Bank AG, Asset Management Arm
335,566CA$1.9m0%0.02%
0.18%
BlackRock, Inc.
295,364CA$1.7m-16.28%no data
0.17%
Susquehanna International Group, LLP, Asset Management Arm
272,804CA$1.6m-29.64%no data
0.15%
Stephens Capital Management
254,523CA$1.5m59.56%0.02%
0.15%
UBS Asset Management
247,226CA$1.4m3414.23%no data
0.12%
Millennium Management LLC
204,231CA$1.2m91.53%no data
0.11%
Toroso Investments, LLC
179,438CA$1.0m1.97%0.03%
0.1%
MBL Wealth, LLC
170,000CA$970.7k0%0.21%
0.1%
Kara Norman
164,000CA$936.4k-2.38%no data
0.086%
Bank of America Corporation, Asset Management Arm
141,418CA$807.5k-28.29%no data
0.073%
Group One Trading LP, Asset Management Arm
120,263CA$686.7k0%0.02%

Company Information

Standard Lithium Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Standard Lithium Ltd.
  • Ticker: SLI
  • Exchange: TSXV
  • Founded: 1998
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: CA$951.013m
  • Shares outstanding: 166.55m
  • Website: https://www.standardlithium.com

Number of Employees


Location

  • Standard Lithium Ltd.
  • 375 Water Street
  • Suite 110
  • Vancouver
  • British Columbia
  • V6B 5C6
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SLITSXV (TSX Venture Exchange)YesCommon SharesCACADMar 2002
S5LDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2002
SLINYSEAM (NYSE MKT LLC)YesCommon SharesUSUSDMar 2002
0VIKLSE (London Stock Exchange)YesCommon SharesGBCADMar 2002
S5LBUL (Bulgaria Stock Exchange)YesCommon SharesBGEURMar 2002

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/26 00:00
End of Day Share Price2022/09/26 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.