A

Allkem Ltd
ASX:AKE

Watchlist Manager
Allkem Ltd
ASX:AKE
Watchlist
Price: 9.83 AUD -5.57%
Market Cap: 6.3B AUD
Have any thoughts about
Allkem Ltd?
Write Note

Allkem Ltd
Retained Earnings

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Allkem Ltd
Retained Earnings Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Retained Earnings CAGR 3Y CAGR 5Y CAGR 10Y
A
Allkem Ltd
ASX:AKE
Retained Earnings
$774.3m
CAGR 3-Years
104%
CAGR 5-Years
55%
CAGR 10-Years
N/A
BHP Group Ltd
ASX:BHP
Retained Earnings
$39.9B
CAGR 3-Years
-7%
CAGR 5-Years
-2%
CAGR 10-Years
-6%
South32 Ltd
ASX:S32
Retained Earnings
-$4.2B
CAGR 3-Years
3%
CAGR 5-Years
-1%
CAGR 10-Years
N/A
Rio Tinto Ltd
ASX:RIO
Retained Earnings
$46.7B
CAGR 3-Years
1%
CAGR 5-Years
8%
CAGR 10-Years
N/A
Pilbara Minerals Ltd
ASX:PLS
Retained Earnings
AU$2.2B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Mineral Resources Ltd
ASX:MIN
Retained Earnings
AU$2.6B
CAGR 3-Years
-1%
CAGR 5-Years
25%
CAGR 10-Years
15%
No Stocks Found

Allkem Ltd
Glance View

Market Cap
6.3B AUD
Industry
Metals & Mining

Allkem Ltd., a name that resonates within the lithium sector, is a company born out of a strategic fusion and a vision to supply the world's growing demand for this transformative metal. Established from a merger of Orocobre Limited and Galaxy Resources in 2021, Allkem crafts its identity around the production of lithium chemicals, which are essential to powering the world's shift towards clean energy and electrification. In essence, the company's operations revolve around mining, extraction, and refining processes. Its portfolio, though concentrated, is geographically diverse, with operational footprints spanning from the brine-rich flats of Argentina to the mineral-rich grounds of Western Australia and Canada. The company's revenue streams primarily flow from the sale of lithium carbonate and lithium hydroxide, key components for lithium-ion batteries used in electric vehicles and consumer electronics. Allkem leverages its geographically varied operations to meet global demand. For instance, its flagship project, the Salar de Olaroz in Argentina, is a marvel of efficient brine extraction technology, producing lithium carbonate that's highly coveted in the global market. Meanwhile, the Mt Cattlin operation in Australia focuses on high-purity spodumene concentrate, represented forwardly in their financial statements as they expand their influence in an electrified world. By anchoring its business model in both strategic resource deployment and responding to a surge in battery-powered innovation, Allkem stands as a pivotal player in the evolving landscape of sustainable energy solutions.

AKE Intrinsic Value
17.47 AUD
Undervaluation 44%
Intrinsic Value
Price
A

See Also

What is Allkem Ltd's Retained Earnings?
Retained Earnings
774.3m USD

Based on the financial report for Jun 30, 2023, Allkem Ltd's Retained Earnings amounts to 774.3m USD.

What is Allkem Ltd's Retained Earnings growth rate?
Retained Earnings CAGR 5Y
55%

Over the last year, the Retained Earnings growth was 129%. The average annual Retained Earnings growth rates for Allkem Ltd have been 104% over the past three years , 55% over the past five years .

Back to Top