Allkem Ltd

Company Profile

Allkem Ltd had its IPO on under the ticker symbol OROCF.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Allkem Ltd has a staff strength of 1,350 employees.

Stock update

Shares of Allkem Ltd opened at $8.31 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $8.25 - $8.49, and closed at $8.49.

This is a +1.07% increase from the previous day's closing price.

A total volume of 16,861 shares were traded at the close of the day’s session.

In the last one week, shares of Allkem Ltd have slipped by -5.98%.

Allkem Ltd's Key Ratios

Allkem Ltd has a market cap of $5.43 billion, indicating a price to book ratio of 1.8883 and a price to sales ratio of 6.8842.

In the last 12-months Allkem Ltd’s revenue was $1.21 billion with a gross profit of $605.33 million and an EBITDA of $898.93 million. The EBITDA ratio measures Allkem Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Allkem Ltd’s operating margin was 67.14% while its return on assets stood at 10.44% with a return of equity of 15.76%.

In Q2, Allkem Ltd’s quarterly earnings growth was a negative -9.7% while revenue growth was a positive 15.2%.

Allkem Ltd’s PE and PEG Ratio

Forward PE

9.8814

Trailing PE

12.3043

PEG

0

Its diluted EPS in the last 12-months stands at $0.69 per share while it has a forward price to earnings multiple of 9.8814 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Allkem Ltd’s profitability.

Allkem Ltd stock is trading at a EV to sales ratio of 6.9359 and a EV to EBITDA ratio of 10.4934. Its price to sales ratio in the trailing 12-months stood at 6.8842.

Allkem Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$5.22 billion

Total Liabilities

$445.85 million

Operating Cash Flow

$-80847500.00

Capital Expenditure

$80.93 million

Dividend Payout Ratio

0%

Allkem Ltd ended 2024 with $5.22 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.22 billion while shareholder equity stood at $3.40 billion.

Allkem Ltd ended 2024 with $0 in deferred long-term liabilities, $445.85 million in other current liabilities, in common stock, $725.13 million in retained earnings and $519.82 million in goodwill. Its cash balance stood at $821.43 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $231.76 million.

Allkem Ltd’s total current assets stands at $1.12 billion while long-term investments were $28.86 million and short-term investments were $0. Its net receivables were $77.92 million compared to accounts payable of $127.51 million and inventory worth $126.47 million.

In 2024, Allkem Ltd's operating cash flow was $-80847500.00 while its capital expenditure stood at $80.93 million.

Comparatively, Allkem Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$8.49

52-Week High

$11.66

52-Week Low

$6.63

Analyst Target Price

$

Allkem Ltd stock is currently trading at $8.49 per share. It touched a 52-week high of $11.66 and a 52-week low of $11.66. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $9.79 and 200-day moving average was $8.97 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 914.9% of the company’s stock are held by insiders while 2785.1% are held by institutions.