ARCADIUM LITHIUM PLC (LTM)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

LTM - ARCADIUM LITHIUM PLC

FNArena Sector : New Battery Elements
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: 0.6
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$8.10

22 Nov
2024

0.070

OPEN

$8.06

0.87%

HIGH

$8.14

829,475

LOW

$8.06

TARGET
$7.942 -2.0% downside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A11 . A4N . AGY . ASN . AZL . BKT . BSX . CXO . DLI . EMN . GL1 . GLN . GT1 . INR . JRV . LEL . LKE . LLL . LPD . LTR . MNS . NMT . NVX . PLL . PLS . PSC . RNU . SRL . SYA . SYR . TLG . VR8 . VUL . WC8 . WIN . WR1 .
FNARENA'S MARKET CONSENSUS FORECASTS
LTM: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 46.3 14.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx 26.1% - 69.8% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 57.9 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 20222023
EPS Basic xxx46.3
DPS All xxx0.0
Sales/Revenue xxx1,329.5 M
Book Value Per Share xxx243.4
Net Operating Cash Flow xxx447.9 M
Net Profit Margin xxx37.41 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 20222023
Return on Capital Employed xxx20.97 %
Return on Invested Capital xxx17.91 %
Return on Assets xxx12.76 %
Return on Equity xxx20.97 %
Return on Total Capital xxx22.59 %
Free Cash Flow ex dividends xxx-44.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 20222023
Short-Term Debt xxx5 M
Long Term Debt xxx447 M
Total Debt xxx453 M
Goodwill - Gross xxx-
Cash & Equivalents - Generic xxx348 M
Price To Book Value xxx4.61

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 20222023
Capex xxx492.8 M
Capex % of Sales xxx37.07 %
Cost of Goods Sold xxx515 M
Selling, General & Admin. Exp & Other xxx104 M
Research & Development xxx9 M
Investments - Total xxx51 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.0

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

14/10/2024

3

Hold

$8.70

7.41%

Bell Potter highlights the takeover agreement reached between Arcadium Lithium and Rio Tinto ((RIO)) in an all-cash offer of US$5.85 per share, a 90% premium to Arcadium Lithium's  share price on October 4. 

The analyst notes Rio Tinto referred to the offer as "full and fair" and includes long term prices of US$1500/t for 6% Li2) spodumene concentrate and US$20,000/t for battery grade lithium carbonate.

The target price is raised to $8.70 from $6.55 reflecting the new offer price. Hold rating unchanged.

FORECAST
Bell Potter forecasts a full year FY24 dividend of 0.00 cents and EPS of 21.80 cents.
Bell Potter forecasts a full year FY25 dividend of 0.00 cents and EPS of 35.80 cents.

Ord Minnett

xx/xx/xxxx

3

xxxxxxxxx xx xxxx xxxx xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

3

xx-xxxxxxxxxx xx xxxxxxxx xxxx xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

14/11/2024

-1

No Rating

7.41%

Arcadium Lithium's 3Q24 results showed a decline of  -6% in lithium sales volumes quarter-on-quarter to 13.4kt, falling about -20% short of both Goldman Sachs estimates and consensus due to weaker demand and delays in the ramp-up of Olaroz Stage 2.

Revenue was below expectations at US$203m, with EBITDA at US$43m, primarily due to lower operating costs from reduced volumes. The company’s capex exceeded expectations, totaling -US$239m

The broker notes cash flow was impacted by lower revenue and higher capex, leading to a decline in cash reserves to US$138m from US$380m, with net debt increasing.

Given the pending acquisition by Rio Tinto ((RIO)), management has withdrawn FY24 guidance. No rating. Target price $8.22.

FORECAST
Goldman Sachs forecasts a full year FY24 dividend of 0.00 cents and EPS of 14.00 cents.
Goldman Sachs forecasts a full year FY25 dividend of 0.00 cents and EPS of 9.00 cents.
Access Extra Coverage Research History >

LTM STOCK CHART

FNArena News on LTM

1
FNArena Corporate Results Monitor – 15-11-2024

Nov 15 2024 - Australia
2
Rudi’s View: A Rally With No Earnings Support

Nov 14 2024 - Rudi's View
3
Australian Broker Call *Extra* Edition – Nov 14, 2024

Nov 14 2024 - Daily Market Reports
4
Rudi’s View: Trump Returns, What Now?

Nov 07 2024 - Rudi's View
5
Rudi’s View: US Earnings & The Election

Oct 31 2024 - Rudi's View

Latest New Battery Elements News

1
In Brief: Lithium, Brazilian Rare Earths & Fineos

Oct 18 2024 - Weekly Reports
2
Patriot Battery Minerals: The Long Game

Jul 22 2024 - Commodities
3
Awaiting The Next Lithium Upswing

Jul 17 2024 - Feature Stories
4
Australian Broker Call *Extra* Edition – Jul 01, 2024

Jul 01 2024 - Daily Market Reports
5
Treasure Chest: A Bottom For Lithium?

Feb 05 2024 - Treasure Chest
6
Tough Times For IGO

Feb 01 2024 - Australia
7
ESG Focus: The Little Big Things – 31-10-2023

Nov 01 2023 - ESG Focus
8
Lithium: Short Term Pain, Long Term Gain?

Oct 13 2023 - Feature Stories
9
ESG Focus: Grid Battery Innovation Barrelling Down

Sep 07 2023 - ESG Focus
10
Allkem: On The Move

Sep 05 2023 - Technicals