Albemarle Corp ALB

Morningstar Rating
MX$1,885.00 −49.00 (2.53%)
View Full Chart

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ALB is trading within a range we consider fairly valued.
Price
MX$1,885.00
Fair Value
LOCK|><.$m#$QSDy
Uncertainty
LOCK|>pN
1-Star Price
LOCK|pJ.Yq>M!!
5-Star Price
LOCK|Vp.?^K?$V
Economic Moat
LOCK|QPdx!
Capital Allocation
—

News

Trading Information

Previous Close Price
MX$1,934.00
Day Range
MX$1,885.00–1,885.00
52-Week Range
MX$1,603.00–3,675.00
Bid/Ask
MX$1,884.00 / MX$1,884.00
Shares Outstanding
118.01M
Market Cap
$222.44B
Volume/Avg
64 / 138

Key Statistics

Price/Earnings (Normalized)
17.98
Price/Sales
2.31
Dividend Yield (Trailing)
1.54%
Dividend Yield (Forward)
1.57%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
1.54%

Company Profile

Albemarle is one of the world's largest lithium producers. In the lithium industry, the majority of demand comes from batteries, where lithium is used as the energy storage material, particularly in electric vehicles. Albemarle is a fully integrated lithium producer. Its upstream resources include salt brine deposits in Chile and the US and two hard rock mines in Australia, both of which are joint ventures. The company operates lithium refining plants in Chile, the US, Australia, and China. Albemarle is a global leader in the production of bromine, used in flame retardants.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Small Growth
Total Number of Employees
7,800

Competitors

Valuation

Metric
ALB
SQM
Price/Earnings (Normalized)
17.9813.29
Price/Book Value
1.622.90
Price/Sales
2.312.72
Price/Cash Flow
10.346.61
Price/Earnings
ALB
SQM

Financial Strength

Metric
ALB
SQM
Quick Ratio
1.251.84
Current Ratio
2.092.61
Interest Coverage
1.9912.76
Quick Ratio
ALB
SQM

Profitability

Metric
ALB
SQM
Return on Assets (Normalized)
5.06%11.03%
Return on Equity (Normalized)
10.70%26.97%
Return on Invested Capital (Normalized)
7.34%13.31%
Return on Assets
ALB
SQM

Specialty Chemicals Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Linde PLC
LIN
LOCK|rs%gXRbLOCK|Hb$221B
Sherwin-Williams Co
SHW
LOCK|MQ#HVh<^LOCK|^cm$78B
Ecolab Inc
ECL
LOCK|x%#D$npLOCK|Wjk$77B
Air Products and Chemicals Inc
APD
LOCK|dCL#^JLOCK|V>!$62B
PPG Industries Inc
PPG
LOCK|@!G??CLOCK|dc$k$23B
International Flavors & Fragrances Inc
IFF
LOCK|Gz$^GC#LOCK|z!jdR$21B
LyondellBasell Industries NV Class A
LYB
LOCK|Z?d$g$^LOCK|<p#!&$19B
Sociedad Quimica Y Minera De Chile SA ADR
SQM
LOCK|Z%LzSR@LOCK|fH!>y$18B
DuPont de Nemours Inc
DD
LOCK|ZRmY$LhLOCK|qpkF$18B
Albemarle Corp
ALB
LOCK|WtNp$$LOCK|>x@x$12B

Sponsor Center