Morningstar

Arcadium Lithium PLC ALTM

Morningstar Rating
Unlock
Stock XNYS Rating as of
$2.88 +0.06 (2.13%)
View Full Chart
As of Delayed Price Closed

Company Report

View Archive

Lithium: We Expect a Recovery in 2025

Seth Goldstein

Lithium prices are at multiyear lows due to oversupply. The issue is driven by supply growth. Demand is growing at a mid-teens percentage, due to higher global electric vehicle sales and the buildout of energy storage systems. However, a wave of new supply exceeded demand growth driving prices down.

Read Full Report

Price vs Fair Value

View History
ALTM is trading at a 180% premium.
Price
$2.88
Fair Value
$62.00
Uncertainty
Very High
1-Star Price
$77.40
5-Star Price
$9.00
Economic Moat
Cdrrpq
Capital Allocation
Qtfwjnrmn

Bulls Say, Bears Say

Bulls

Lithium prices will remain well above the marginal cost of production through at least the remainder of the decade, leading to excess profits and return on invested capital for Arcadium.

Bears

Lithium prices will fall as new supply comes online faster than demand, which will weigh on profitability. Arcadium's plans to increase its lithium production capacity could prove value-destructive in the wake of lower prices.

Show More

News

View All

Trading Information

Previous Close Price
$2.82
Day Range
$2.83–2.96
52-Week Range
$2.19–7.27
Bid/Ask
$2.90 / $2.92
Market Cap
$3.10 Bil
Volume/Avg
13.3 Mil / 11.3 Mil

Key Statistics

Price/Earnings (Normalized)
3.55
Price/Sales
2.59
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
—

Company Profile

Arcadium Lithium is a pure-play lithium producer that was formed in the Allkem-Livent merger in January 2024. Arcadium should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. The company's low-cost lithium carbonate production comes from two brine resources in Argentina. Arcadium also produces spodumene, a hard rock lithium upstream concentrate, from a mine in Australia and operates downstream lithium hydroxide conversion plants in the United States and China.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Small Core
Total Number of Employees
2,909
Website
https://www.arcadiumlithium.com

Competitors

Valuation

View More
Metric
ALTM
LAAC
SQM
Price/Earnings (Normalized)
 3.55—32.14
Price/Book Value
 0.490.632.41
Price/Sales
 2.59—2.15
Price/Cash Flow
 21.010.4321.97
Price/Earnings
ALTM
LAAC
SQM

Financial Strength

Metric
ALTM
LAAC
SQM
Quick Ratio
 1.410.511.41
Current Ratio
 2.260.512.19
Interest Coverage
 —−1.179.47
Quick Ratio
ALTM
LAAC
SQM

Profitability

Metric
ALTM
LAAC
SQM
Return on Assets (Normalized)
 4.76%−1.22%0.62%
Return on Equity (Normalized)
 7.45%−1.50%1.34%
Return on Invested Capital (Normalized)
 6.01%−3.41%1.16%
Return on Assets
ALTM
LAAC
SQM

Specialty Chemicals Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Linde PLC
LIN
LdqvyrzlSdlf$229.0 Bil
 Sherwin-Williams Co
SHW
GyvptljtvrQtc$96.5 Bil
 Ecolab Inc
ECL
YpqkqrpcDccr$72.4 Bil
 Air Products & Chemicals Inc
APD
FympwpschDtng$66.8 Bil
 DuPont de Nemours Inc
DD
TctthxczkQzwvt$37.4 Bil
 PPG Industries Inc
PPG
BkhwlypVvvqqc$31.4 Bil
 LyondellBasell Industries NV Class A
LYB
QzstjzfxZgtzq$31.3 Bil
 International Flavors & Fragrances Inc
IFF
YflgznvDjtck$26.9 Bil
 Eastman Chemical Co
EMN
BrgvcdfhZqphrlr$13.1 Bil
 Sociedad Quimica Y Minera De Chile SA ADR
SQM
VsjvdhynKlxxfxy$11.4 Bil

Sponsor Center