LITHIUM AMERICAS (ARGENTINA) CORP. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.88 CAD | +3.30% |
|
-3.23% | -17.60% |
| May. 15 | Lithium Argentina Maintained at Market Perform at BMO Following Q1 Results; Price Target Kept at US$6.00 | MT |
| May. 14 | Transcript : Lithium Americas Corp., Q1 2024 Earnings Call, May 14, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 287.2 | 1,206 | 3,500 | 2,555 | 1,011 | 814.6 | - | - |
| Enterprise Value (EV) 1 | 287.2 | 1,206 | 3,500 | 2,555 | 1,011 | 814.6 | 940.6 | 944.6 |
| P/E ratio | 5.71 x | -32.2 x | -91 x | -27 x | 0.79 x | 56.2 x | 4.14 x | 2.52 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 53.7 x | - | - | - | - | 6.24 x | 3.93 x | 2.13 x |
| EV / Revenue | 53.7 x | - | - | - | - | 6.24 x | 3.93 x | 2.13 x |
| EV / EBITDA | -17.5 x | -40.3 x | -77.4 x | 181 x | -28.7 x | 17.5 x | 5.09 x | 5.28 x |
| EV / FCF | -6.05 x | -13 x | -65.1 x | -35.5 x | - | 58.6 x | 10.5 x | -168 x |
| FCF Yield | -16.5% | -7.68% | -1.54% | -2.81% | - | 1.71% | 9.51% | -0.6% |
| Price to Book | - | 6.65 x | - | 3.26 x | - | - | - | - |
| Nbr of stocks (in thousands) | 89,729 | 96,149 | 120,200 | 134,976 | 160,556 | 161,100 | - | - |
| Reference price 2 | 3.200 | 12.55 | 29.12 | 18.93 | 6.298 | 5.057 | 5.057 | 5.057 |
| Announcement Date | 3/13/20 | 3/2/21 | 3/16/22 | 3/31/23 | 3/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5.348 | - | - | - | - | 130.5 | 207.3 | 382.5 |
| EBITDA 1 | -16.43 | -29.93 | -45.22 | 14.13 | -35.28 | 46.66 | 160.1 | 154.3 |
| EBIT 1 | -17.49 | -30.61 | -46.15 | -163.4 | -36.35 | 21.23 | 161.8 | 219.7 |
| Operating Margin | -327% | - | - | - | - | 16.27% | 78.02% | 57.43% |
| Earnings before Tax (EBT) 1 | 53.11 | -34 | -38.61 | -93.57 | 28.24 | 18 | 164 | - |
| Net income 1 | 51.66 | -36.23 | -38.49 | -93.57 | 1,288 | 108 | 164.3 | 214 |
| Net margin | 966.06% | - | - | - | - | 82.76% | 79.24% | 55.95% |
| EPS 2 | 0.5600 | -0.3900 | -0.3200 | -0.7000 | 8.020 | 0.0900 | 1.220 | 2.010 |
| Free Cash Flow 1 | -47.5 | -92.65 | -53.76 | -71.9 | - | 13.9 | 77.45 | -4.85 |
| FCF margin | -888.13% | - | - | - | - | 10.65% | 37.36% | -1.27% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 29.79% | 48.39% | - |
| FCF Conversion (Net income) | - | - | - | - | - | 12.87% | 47.14% | - |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 3/13/20 | 3/2/21 | 3/16/22 | 3/31/23 | 3/20/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA 1 | -7.383 | -15.55 | -89.32 | -24.57 | 18.57 | -16.55 | -16.48 | -8.922 | -4.848 | -20.54 | 13.98 | 19.75 | 24.3 | 43.37 | 44.42 |
| EBIT 1 | -7.707 | -16 | -90.33 | -25.3 | -31.72 | -17.13 | -17.13 | -9.022 | -5.603 | -20.77 | -0.2656 | 12.87 | 17.41 | 29.85 | 31.95 |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | 7.971 | -46.13 | -16.56 | -41 | 10.12 | -6.399 | 25.81 | 6.821 | 9.616 | -10.09 | -13.4 | -9.2 | -0.1 | - | - |
| Net income 1 | 7.977 | -46.13 | -16.56 | -40.9 | 10.02 | -6.399 | 25.81 | 6.621 | 1,262 | -10.18 | -10.5 | -7.2 | -0.1 | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | 0.0700 | -0.3500 | -0.1200 | -0.3000 | 0.0700 | -0.0400 | 0.1600 | 0.0400 | 7.860 | -0.0600 | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/16/22 | 5/5/22 | 7/28/22 | 10/27/22 | 3/31/23 | 5/15/23 | 8/9/23 | 11/7/23 | 3/20/24 | 5/13/24 | - | - | - | - | - |
1USD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | 126 | 130 |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | 0.7872 x | 0.8427 x |
| Free Cash Flow 1 | -47.5 | -92.7 | -53.8 | -71.9 | - | 13.9 | 77.5 | -4.85 |
| ROE (net income / shareholders' equity) | - | - | -10.6% | -14.2% | - | 12% | 18.1% | 19.9% |
| ROA (Net income/ Total Assets) | - | - | -6.73% | -10.2% | - | 10% | 15.8% | 17% |
| Assets 1 | - | - | 572 | 916.9 | - | 1,080 | 1,043 | 1,263 |
| Book Value Per Share | - | 1.890 | - | 5.810 | - | - | - | - |
| Cash Flow per Share | -0.1900 | -0.3400 | -0.4500 | -0.4900 | - | - | - | - |
| Capex 1 | 29.9 | 61.8 | 0.58 | 6.68 | - | 92.7 | 78 | 158 |
| Capex / Sales | 558.15% | - | - | - | - | 71.07% | 37.63% | 41.34% |
| Announcement Date | 3/13/20 | 3/2/21 | 3/16/22 | 3/31/23 | 3/20/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
5.057
USD
Average target price
13.43
USD
Spread / Average Target
+165.51%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -17.60% | 788M | |
| +47.15% | 93.86B | |
| +27.39% | 74.75B | |
| -.--% | 28.13B | |
| +62.14% | 10.67B | |
| +17.07% | 9.38B | |
| +20.00% | 9.02B | |
| +2.81% | 7.9B | |
| +41.98% | 6.53B | |
| -36.69% | 5.83B |
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