Lithium Americas Corp Stock Current Valuation
| LAC Stock | CAD 5.57 0.14 2.58% |
Valuation analysis of Lithium Americas Corp helps investors to measure Lithium Americas' intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 23rd of November 2024, Enterprise Value is likely to grow to about 2 B, while Enterprise Value Over EBITDA is likely to drop (32.00). Fundamental drivers impacting Lithium Americas' valuation include:
Price Book 1.2883 | Enterprise Value 745.4 M | Enterprise Value Ebitda (401.81) | Price Sales 242.375 | Forward PE 39.8406 |
Overvalued
Today
Please note that Lithium Americas' price fluctuation is risky at this time. Calculation of the real value of Lithium Americas Corp is based on 3 months time horizon. Increasing Lithium Americas' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Lithium Americas is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Lithium Stock. However, Lithium Americas' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 5.57 | Real 4.78 | Hype 5.95 | Naive 5.11 |
The intrinsic value of Lithium Americas' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Lithium Americas' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Lithium Americas Corp helps investors to forecast how Lithium stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Lithium Americas more accurately as focusing exclusively on Lithium Americas' fundamentals will not take into account other important factors: Lithium Americas Corp Company Current Valuation Analysis
Lithium Americas' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Lithium Americas Current Valuation | 745.41 M |
Most of Lithium Americas' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lithium Americas Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Lithium Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Lithium Americas is extremely important. It helps to project a fair market value of Lithium Stock properly, considering its historical fundamentals such as Current Valuation. Since Lithium Americas' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lithium Americas' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lithium Americas' interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Lithium Americas Corp has a Current Valuation of 745.41 M. This is 93.47% lower than that of the Metals & Mining sector and 96.17% lower than that of the Materials industry. The current valuation for all Canada stocks is 95.52% higher than that of the company.
Lithium Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lithium Americas' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lithium Americas could also be used in its relative valuation, which is a method of valuing Lithium Americas by comparing valuation metrics of similar companies.Lithium Americas is currently under evaluation in current valuation category among its peers.
Lithium Fundamentals
| Return On Equity | -0.0698 | ||||
| Return On Asset | -0.0372 | ||||
| Current Valuation | 745.41 M | ||||
| Shares Outstanding | 218.38 M | ||||
| Shares Owned By Insiders | 7.38 % | ||||
| Shares Owned By Institutions | 26.62 % | ||||
| Number Of Shares Shorted | 3 M | ||||
| Price To Earning | 30.33 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 242.38 X | ||||
| EBITDA | (27.36 K) | ||||
| Net Income | (3.93 M) | ||||
| Cash And Equivalents | 36.23 M | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 3.11 M | ||||
| Debt To Equity | 71.50 % | ||||
| Current Ratio | 10.38 X | ||||
| Book Value Per Share | 3.02 X | ||||
| Cash Flow From Operations | (37.96 M) | ||||
| Short Ratio | 1.96 X | ||||
| Earnings Per Share | (0.16) X | ||||
| Target Price | 13.5 | ||||
| Beta | 1.58 | ||||
| Market Capitalization | 1.28 B | ||||
| Total Asset | 439.5 M | ||||
| Retained Earnings | (264.36 M) | ||||
| Working Capital | 181.32 M | ||||
| Net Asset | 439.5 M |
About Lithium Americas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lithium Americas Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lithium Americas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lithium Americas Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Lithium Americas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lithium Americas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lithium Americas will appreciate offsetting losses from the drop in the long position's value.Moving together with Lithium Stock
| 0.7 | AG | First Majestic Silver | PairCorr |
| 0.88 | IE | Ivanhoe Energy | PairCorr |
| 0.78 | FDY | Faraday Copper Corp | PairCorr |
Moving against Lithium Stock
The ability to find closely correlated positions to Lithium Americas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lithium Americas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lithium Americas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lithium Americas Corp to buy it.
The correlation of Lithium Americas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lithium Americas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lithium Americas Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lithium Americas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.