AMG Critical Materials N.V.

ENXTAM:AMG Stock Report

Market Cap: €1.5b

AMG Critical Materials Future Growth

Future criteria checks 3/6

AMG Critical Materials is forecast to grow earnings and revenue by 63.6% and 6.6% per annum respectively. EPS is expected to grow by 63.9% per annum. Return on equity is forecast to be 18.8% in 3 years.

Key information

63.6%

Earnings growth rate

63.91%

EPS growth rate

Metals and Mining earnings growth18.3%
Revenue growth rate6.6%
Future return on equity18.79%
Analyst coverage

Low

Last updated28 May 2026

Recent future growth updates

Analysis Article Aug 02

€25.83 - That's What Analysts Think AMG Critical Materials N.V. (AMS:AMG) Is Worth After These Results

AMG Critical Materials N.V. ( AMS:AMG ) shareholders are probably feeling a little disappointed, since its shares fell...
Analysis Article May 11

AMG Critical Materials N.V. (AMS:AMG) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Shareholders will be ecstatic, with their stake up 20% over the past week following AMG Critical Materials N.V. 's...
Analysis Article Nov 11

Earnings Update: AMG Critical Materials N.V. (AMS:AMG) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

The third-quarter results for AMG Critical Materials N.V. ( AMS:AMG ) were released last week, making it a good time to...

Recent updates

Narrative Update May 21

AMG: Recent Upgrade And Equity Raise Will Support Future Repricing

Analysts have lifted their price target on AMG Critical Materials to €44.13 from €42.95, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E, along with a recent upgrade to Buy from a major bank. Analyst Commentary Recent research points to a more constructive stance on AMG Critical Materials, with the higher price target and rating change tied to updated views on fair value, discount rate assumptions, revenue and margin expectations, and future P/E levels.
Narrative Update May 05

AMG: Equity Offering And Rating Upgrade Will Reframe Medium Term Upside Potential

Narrative Update The analyst price target for AMG Critical Materials has been revised to €45.13 from €32.06, with analysts pointing to higher assumed revenue growth, improved profit margins and recent Buy and price target upgrades as support for the new view. Analyst Commentary Recent research has turned more constructive on AMG Critical Materials, with bullish analysts pointing to revised price targets and rating changes as signals of improving conviction in the stock's outlook.
Narrative Update Apr 20

AMG: Saudi Energy Storage Build Out Will Support Future Repricing

Analysts have adjusted the price target on AMG Critical Materials to €42, reflecting updated views on fair value and long term assumptions for growth, margins, P/E and risk that are consistent with recent upgrades and target increases from the Street. Analyst Commentary Recent Street research points to a more constructive view on AMG Critical Materials around the €42 price target, but there are still areas where analysts remain cautious.
Narrative Update Apr 06

AMG: Saudi Storage Projects And Earnings Quality Will Shape Future Share Returns

Narrative Update The analyst price target for AMG Critical Materials has moved to €42, with analysts pointing to updated assumptions on discount rate, revenue growth, profit margin and a slightly lower future P/E multiple as key drivers of the change. Analyst Commentary Recent research updates on AMG Critical Materials point to a mixed backdrop.
Narrative Update Mar 23

AMG: Saudi Energy Storage Projects Will Support Higher Future Market Repricing

Analysts have raised their price target on AMG Critical Materials to €43.51 from €39.51, reflecting updated views on fair value, discount rate, expected revenue growth, profit margins and future P/E following recent upgrades and target increases at major banks. Analyst Commentary Bullish Takeaways Bullish analysts view the recent upgrade to Buy as a sign that current pricing leaves room for what they see as more attractive risk and reward, with a referenced price target of €42 indicating their updated view of fair value.
Narrative Update Mar 08

AMG: Recent Buy Rating And Storage Projects Will Reshape Profit Expectations

The analyst price target for AMG Critical Materials has been revised to €38.64 from €29.06, reflecting updated views on fair value and profit expectations after recent Buy ratings and price target increases from Street research analysts. Analyst Commentary The latest analyst actions on AMG Critical Materials include a move to a Buy rating with a €42 price target and a separate report indicating a €10 change to an existing price target.
Narrative Update Feb 22

AMG: Saudi Energy Storage Progress And Higher Fair Value Will Support Interest

Analysts have raised their price target on AMG Critical Materials by €10 to €39.51, reflecting updated views on fair value, slightly adjusted discount rate assumptions, and revised expectations for revenue growth, profit margin, and future P/E multiples. Analyst Commentary Analysts revising their fair value views on AMG Critical Materials are focusing on how the updated discount rate assumptions and refreshed expectations for revenue growth, margin profile, and future P/E multiples line up with the new €39.51 price target.
Narrative Update Feb 08

AMG: Saudi Energy Storage Projects And Fair Valuation Will Shape Market Interest

Analysts have adjusted their fair value estimate for AMG Critical Materials from €32.45 to €35.29, citing updated assumptions around revenue growth, profit margins and future P/E levels. What's in the News AMG Critical Materials, through its subsidiary AMG LIVA, plans to install its Hybrid Energy Storage System at Aramco's Bulk Plant in Tabuk, Saudi Arabia, integrating it with the site’s existing solar plant (Key Developments).
Narrative Update Jan 25

AMG: Higher Price Assumptions Will Still Face Margin Execution Risks

Analysts have raised their price target on AMG Critical Materials to about €29.06 from roughly €28.53, citing updated assumptions for revenue growth, profit margins, a lower assumed discount rate and a more conservative future P/E multiple. Valuation Changes Fair value estimate is now about €29.06, up slightly from roughly €28.53.
Narrative Update Jan 10

AMG: Higher Price Assumptions Will Face Ongoing Execution And Margin Risks

Analysts have raised their price target on AMG Critical Materials to €32 from €31, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. Analyst Commentary The latest price target move to €32 is relatively modest.
Analysis Article Jan 05

AMG Critical Materials N.V.'s (AMS:AMG) Business Is Yet to Catch Up With Its Share Price

There wouldn't be many who think AMG Critical Materials N.V.'s ( AMS:AMG ) price-to-sales (or "P/S") ratio of 0.7x is...
Analysis Article Dec 18

Does AMG Critical Materials (AMS:AMG) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Dec 15

AMG: Higher Price Assumptions Will Face Mixed Outlook And Execution Risks

The analyst price target for AMG Critical Materials has been raised significantly, from approximately EUR 20 to around EUR 29, as analysts factor in higher expected revenue growth despite a modestly higher discount rate and lower projected profit margins. Analyst Commentary Recent Street research shows a mixed but increasingly cautious tone around AMG Critical Materials, with several price target revisions reflecting concern about the balance between growth prospects and execution risks.
Narrative Update Nov 30

AMG: Index Inclusion Will Drive Broader Market Interest Ahead

AMG Critical Materials' analyst price target saw a modest decrease to €32.45 from €32.50, as analysts note slightly higher expectations for revenue growth and profit margins. This is balanced by an updated discount rate and modestly lower projected future valuation multiples.
Narrative Update Nov 16

AMG: Upward Industry Momentum Will Drive Stronger Market Presence

The analyst consensus price target for AMG Critical Materials has increased from EUR 30.81 to EUR 32.50. This reflects updated views by analysts based on recent changes in growth assumptions and industry outlook.
Narrative Update Nov 01

AMG: Recent Index Addition and Market Trends Will Shape Risk-Reward Outlook

The analyst price target for AMG Critical Materials has been increased slightly, with the fair value estimate rising from €30.59 to €30.81. Analysts note improvements in market conditions and company outlook.
Narrative Update Oct 17

Brazil And Germany Expansions Will Fuel Rising EV Demand

Analysts have increased their fair value estimate for AMG Critical Materials from €28.89 to €30.59. This change reflects improved revenue growth projections and a slightly lower discount rate.
Analysis Article Oct 15

AMG Critical Materials (AMS:AMG) Is Doing The Right Things To Multiply Its Share Price

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Narrative Update Oct 03

Brazil And Germany Expansions Will Fuel Rising EV Demand

The analyst price target for AMG Critical Materials has been increased from approximately EUR 27.37 to EUR 28.89, as analysts cite improved profit margins and updated market assumptions that support a higher valuation. Analyst Commentary Recent research activity reflects evolving perspectives among the analyst community regarding AMG Critical Materials' valuation, outlook, and execution strength.
Narrative Update Sep 18

Brazil And Germany Expansions Will Fuel Rising EV Demand

AMG Critical Materials’ consensus price target has been raised to €27.37 as analysts cite strengthened earnings confidence and strategic exposure to critical materials, though higher valuation and a mixed outlook on near-term upside temper further upgrades. Analyst Commentary Bullish analysts highlight AMG's combination of resilient industrial cash flow and exposure to strategic raw materials as key growth drivers.
Analysis Article Aug 07

AMG Critical Materials' (AMS:AMG) Strong Earnings Are Of Good Quality

ENXTAM:AMG 1 Year Share Price vs Fair Value Explore AMG Critical Materials's Fair Values from the Community and select...
Analysis Article Aug 02

€25.83 - That's What Analysts Think AMG Critical Materials N.V. (AMS:AMG) Is Worth After These Results

AMG Critical Materials N.V. ( AMS:AMG ) shareholders are probably feeling a little disappointed, since its shares fell...
Analysis Article Jul 11

Further Upside For AMG Critical Materials N.V. (AMS:AMG) Shares Could Introduce Price Risks After 31% Bounce

Despite an already strong run, AMG Critical Materials N.V. ( AMS:AMG ) shares have been powering on, with a gain of 31...
Analysis Article Jun 27

Is AMG Critical Materials (AMS:AMG) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 11

AMG Critical Materials N.V. (AMS:AMG) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Shareholders will be ecstatic, with their stake up 20% over the past week following AMG Critical Materials N.V. 's...
Analysis Article May 02

We Think AMG Critical Materials N.V.'s (AMS:AMG) CEO Compensation Package Needs To Be Put Under A Microscope

Key Insights AMG Critical Materials will host its Annual General Meeting on 8th of May Salary of US$1.50m is part of...
User avatar
New Narrative Apr 28

Brazil Lithium And German Refinery Will Unlock Future Opportunities

AMG's expansion in lithium and vanadium, capitalizing on tariff changes and Inflation Reduction Act benefits, boosts production and profitability resilience.
Analysis Article Apr 08

AMG Critical Materials N.V.'s (AMS:AMG) 25% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

AMG Critical Materials N.V. ( AMS:AMG ) shares have had a horrible month, losing 25% after a relatively good period...
Analysis Article Mar 14

Investors Met With Slowing Returns on Capital At AMG Critical Materials (AMS:AMG)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Feb 13

AMG Critical Materials N.V.'s (AMS:AMG) Popularity With Investors Is Under Threat From Overpricing

There wouldn't be many who think AMG Critical Materials N.V.'s ( AMS:AMG ) price-to-sales (or "P/S") ratio of 0.4x is...
Analysis Article Jan 18

Is AMG Critical Materials (AMS:AMG) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 11

Earnings Update: AMG Critical Materials N.V. (AMS:AMG) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

The third-quarter results for AMG Critical Materials N.V. ( AMS:AMG ) were released last week, making it a good time to...
Analysis Article Oct 06

Investors Still Aren't Entirely Convinced By AMG Critical Materials N.V.'s (AMS:AMG) Revenues Despite 28% Price Jump

AMG Critical Materials N.V. ( AMS:AMG ) shares have had a really impressive month, gaining 28% after a shaky period...
Analysis Article Sep 07

AMG Critical Materials (AMS:AMG) Might Be Having Difficulty Using Its Capital Effectively

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jun 04

Shareholders Should Be Pleased With AMG Critical Materials N.V.'s (AMS:AMG) Price

There wouldn't be many who think AMG Critical Materials N.V.'s ( AMS:AMG ) price-to-sales (or "P/S") ratio of 0.5x is...
Analysis Article May 09

AMG Critical Materials (AMS:AMG) Is Reducing Its Dividend To $0.20

AMG Critical Materials N.V. ( AMS:AMG ) has announced that on 15th of May, it will be paying a dividend of$0.20, which...
Analysis Article May 02

AMG Critical Materials N.V.'s (AMS:AMG) CEO Compensation Is Looking A Bit Stretched At The Moment

Key Insights AMG Critical Materials' Annual General Meeting to take place on 8th of May CEO Heinz Schimmelbusch's total...
Analysis Article Feb 28

AMG Critical Materials (AMS:AMG) Takes On Some Risk With Its Use Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 04

Investors Will Want AMG Critical Materials' (AMS:AMG) Growth In ROCE To Persist

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Jan 05

There's No Escaping AMG Critical Materials N.V.'s (AMS:AMG) Muted Earnings

When close to half the companies in the Netherlands have price-to-earnings ratios (or "P/E's") above 17x, you may...

Earnings and Revenue Growth Forecasts

ENXTAM:AMG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20282,0741721652295
12/31/20271,9331421081895
12/31/20261,73482351395
3/31/20261,766-11-5736N/A
12/31/20251,708-19-1976N/A
9/30/20251,62337-2859N/A
6/30/20251,54410-3264N/A
3/31/20251,470-12-4561N/A
12/31/20241,440-33-8638N/A
9/30/20241,446-38-12619N/A
6/30/20241,458-25-11345N/A
3/31/20241,53329-41115N/A
12/31/20231,62610154223N/A
9/30/20231,64916073235N/A
6/30/20231,705228107285N/A
3/31/20231,69021575265N/A
12/31/20221,643188-24168N/A
9/30/20221,583133-46141N/A
6/30/20221,47064-9984N/A
3/31/20221,34538-11967N/A
12/31/20211,20514-8791N/A
9/30/20211,1285-11672N/A
6/30/20211,014-7-12546N/A
3/31/2021923-23-11643N/A
12/31/2020937-42-11920N/A
9/30/2020952-53-7064N/A
6/30/20201,024-58-4167N/A
3/31/20201,120-77-5336N/A
12/31/20191,189-48N/A47N/A
9/30/20191,264-5N/A42N/A
6/30/20191,32343N/A70N/A
3/31/20191,34891N/A80N/A
12/31/20181,31095N/A97N/A
9/30/20181,24780N/A80N/A
6/30/20181,17764N/A74N/A
3/31/20181,11060N/A86N/A
12/31/20171,06057N/A79N/A
9/30/20171,01753N/A61N/A
6/30/20171,00544N/A65N/A
3/31/201799244N/A78N/A
12/31/201697141N/A56N/A
9/30/201695430N/A74N/A
6/30/201694830N/A81N/A
3/31/201695820N/A68N/A
12/31/201597711N/A76N/A
9/30/20151,01719N/A65N/A
6/30/20151,05517N/A85N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).

Earnings vs Market: AMG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AMG is expected to become profitable in the next 3 years.

Revenue vs Market: AMG's revenue (6.6% per year) is forecast to grow slower than the Dutch market (9.8% per year).

High Growth Revenue: AMG's revenue (6.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMG's Return on Equity is forecast to be low in 3 years time (18.8%).


Discover growth companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 07:54
End of Day Share Price 2026/06/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

AMG Critical Materials N.V. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rupesh MadlaniBarclays
Jason FaircloughBofA Global Research
Ephrem RaviCitigroup Inc