LIONTOWN LIMITED (LTR)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

LTR

LTR - LIONTOWN LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -31.07
Index: ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.445

19 Mar
2026

-0.105

OPEN

$1.51

-6.77%

HIGH

$1.52

17,785,569

LOW

$1.42

TARGET
$1.937 34.0% upside
OTHER COMPANIES IN THE SAME SECTOR
A11 . A4N . AGY . ASN . BKT . BSX . CXO . DLI . ELV . EMN . GL1 . GLN . GT1 . INR . LEL . LKE . NMT . NVX . PLS . PSC . RNU . SRL . SYR . TLG . VR8 . VUL . WC8 . WIN . WR1 .
FNARENA'S MARKET CONSENSUS FORECASTS
LTR: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx - 8.0 1.9 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 77.9 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 © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-8.0
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx297.6 M
Book Value Per Share xxxxxxxxxxxxxxx23.9
Net Operating Cash Flow xxxxxxxxxxxxxxx-11.1 M
Net Profit Margin xxxxxxxxxxxxxxx-64.95 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-28.62 %
Return on Invested Capital xxxxxxxxxxxxxxx-17.08 %
Return on Assets xxxxxxxxxxxxxxx-13.11 %
Return on Equity xxxxxxxxxxxxxxx-28.62 %
Return on Total Capital xxxxxxxxxxxxxxx-14.11 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-341.8 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx373 M
Long Term Debt xxxxxxxxxxxxxxx458 M
Total Debt xxxxxxxxxxxxxxx831 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx156 M
Price To Book Value xxxxxxxxxxxxxxx2.93

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx330.7 M
Capex % of Sales xxxxxxxxxxxxxxx111.13 %
Cost of Goods Sold xxxxxxxxxxxxxxx449 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx35 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 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

0.4

No. Of Recommendations

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

Morgans

xx/xx/xxxx

3

xxxxxxx xx xxxx xxxx xxxx

$xx.xx

xx.xx%

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

Ord Minnett

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx 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

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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

Macquarie

13/03/2026

3

Neutral

$1.75

21.11%

Liontown reported underlying net loss of -$89m and revenue of $208m, which beat Macquarie's estimates. As the spodumene market is recovering, brownfield expansion such as the company's Kathleen Valley 4mtpa study, are in focus.

Recoveries improved in the first half, averaging 61%. Management has also noted limited exposure to the Middle East conflict, with diesel just 4-5% of the cost base.

Neutral rating and $1.75 target maintained.

FORECAST
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.00 cents.
Macquarie forecasts a full year FY27 dividend of 0.00 cents and EPS of 7.50 cents.

Citi

xx/xx/xxxx

3

xxxxxxx xx xxxxxxx xxxx xxxx

$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

1

xxx

$xx.xx

(xx/xx/xxxx)

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

2

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

Jarden

xx/xx/xxxx

4

xxxxxxxxxxx

$xx.xx

xx.xx%

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

Canaccord Genuity

05/02/2026

1

Buy

$2.40

66.09%

Underground ramp-up momentum at Kathleen Valley drove a strong December quarter, with production of 105kt SC5.1 up 21% q/q and costs materially below expectations, notes Canaccord Genuity.

Lower realised pricing weighed on revenue and cash of $390m was slightly softer on working capital, with pro forma debt at circa $355m following the LG Energy Solution note conversion.

FY26 guidance of 365–450kt spodumene concentrate at AISCs of $1,060–1,295/t was reiterated and is viewed as readily achievable, with the broker forecasting positive free cash flow in 2H26 as underground feed increases.

Canaccord also flags renewed expansion optionality as lithium market deficits are projected to emerge from 2027. Buy and $2.40 target are unchanged

FORECAST
Canaccord Genuity forecasts a full year FY26 EPS of 0.03 cents.
Canaccord Genuity forecasts a full year FY27 EPS of 0.35 cents.
Access Extra Coverage Research History >

LTR STOCK CHART

FNArena News on LTR

1
FNArena Corporate Results Monitor – 18-03-2026

Mar 18 2026 - Australia
2
Liontown Ramps Up As Lithium Price Recovers

Mar 17 2026 - Commodities
3
Australian Broker Call *Extra* Edition – Mar 17, 2026

Mar 17 2026 - Daily Market Reports
4
Weekly Ratings, Targets, Forecast Changes – 13-03-26

Mar 16 2026 - Weekly Reports
5
Next Week At A Glance – 27 Feb – 6 March 2026

Feb 27 2026 - Weekly Reports

Latest New Battery Elements News

1
Liontown Ramps Up As Lithium Price Recovers

Mar 17 2026 - Commodities
2
Australia’s Renewable Energy Supply Chain: Who’s Really Making Money?

Jan 15 2026 - ESG Focus
3
Are Markets Ready For Today’s Model-T Moment?

Nov 24 2025 - Australia
4
Valuation vs Sentiment For Pilbara Minerals

Oct 28 2025 - Commodities
5
Roaring Twenties 2.0: AI & Clean-Energy Transformations Shaping Global Markets

Aug 11 2025 - International
6
Lithium’s Bringing Excitement Back

Jul 24 2025 - Technicals
7
Liontown Resources: Going Underground

Mar 20 2025 - Commodities
8
Material Matters: Lithium’s Debate Continues

Jan 17 2025 - Commodities
9
The Lithium Transition – A Recap Of 2024 & Thoughts On 2025

Jan 13 2025 - Commodities
10
In Brief: Lithium, Brazilian Rare Earths & Fineos

Oct 18 2024 - Weekly Reports