Piedmont Lithium Inc.

Industrials
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
www.piedmontlithium.com

Moat Score
Safety Score

Market Cap $146.15M
PE -2
Debt $56.60M
Cash $87.84M
EV $114.91M
FCF -$53.58M

Earnings

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Sales & Net Margins

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Earnings	-$64.76M
EBIT	-$55.68M
ROE	-22%
ROA	-16%
FCF	-$53.58M
Equity	$298.25M
Growth Stability	1
PE	-2.26
PB	0.49
P/FCF	-2.73
P/S	1.46
Price/Cash	0.6
Debt/Equity	0.19
Debt/FCF	-1.06
Net Margins	-65%
Gross Margins	11%
Op. Margins	-56%
Sales Growth YoY	-724%
Sales Growth QoQ	65%
Sales CAGR	0%
Equity CAGR	86%
Earnings Growth YoY	-56%

Earnings Growth QoQ	-33%
Sales CAGR 5Y	1%
Equity CAGR 5Y	54%
Earnings CAGR 3Y	21%
Sales CAGR 3Y	21%
Equity CAGR 3Y	4%
Market Cap	$146.15M
Revenue	$99.88M
Assets	$349.89M
Total Debt	$56.60M
Cash	$87.84M
Shares Outstanding	19.62M
EV	114.91M
Moat Score	2%
Safety Score	65%
Working Capital	56.53M
Current Ratio	2.23
Gross Profit	$10.80M
Shares Growth 3y	7%
Equity Growth QoQ	4%
Equity Growth YoY	-10%

Assets & ROA

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Stockholders Equity & ROE

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Piedmont Lithium Inc, formerly Piedmont Lithium Ltd is a lithium-based company focused on the development of its Piedmont Lithium Project located within the Carolina TinSpodumene Belt (''TSB'') and along trend to the Hallman Beam and Kings Mountain mines.

SEC Filings

Direct access to Piedmont Lithium Inc. (PLL) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Piedmont Lithium Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Piedmont Lithium Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

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Piedmont Lithium Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Piedmont Lithium Inc..

Years

Calculation mode

= -$536M

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	-$54M	-$54M	-$54M	-$54M	-$54M	-$54M	-$54M	-$54M	-$54M	-$54M	-$54M	-$536M
DCF		-$49M	-$44M	-$40M	-$37M	-$33M	-$30M	-$27M	-$25M	-$23M	-$21M	-$207M
Value	-$536M

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	06/2016	06/2017	06/2018	06/2019	06/2020	12/2022	12/2023	12/2024	TTM
Net Margins	-	-	-	-	-	-	-55%	-65%	-65%
ROA	-	-	-	-	-	-3%	-5%	-16%	-16%
ROE	-	-	-	-214%	-25%	-5%	-7%	-22%	-22%

Bad Net Margins (-64.84%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	06/2016	06/2017	06/2018	06/2019	06/2020	12/2022	12/2023	12/2024	TTM
Debt over FCF	-	-	-	-	-	-0.02	-0.01	-1.06	-1.06
Debt over Equity	-	-	-	-	0.12	0	0	0.19	0.19
Growth Stability	-	-	-	-	-	-	-	-	1

Good Debt/FCF ratio (-1.06)

Net Margins are high enough to offer a good protection on the profits in case of higher costs or higher interests. Furthermore higher margins reduce earnings’ volatility.

Good Debt/Equity ratio (0.19)

The company is not overleveraged and has a good balance between equity and debt.

Good Graham’s Stability (1)

The company has a good stability in its earnings, which is a sign of a good competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	06/2016	06/2017	06/2018	06/2019	06/2020	12/2022	12/2023	12/2024	CAGR 5Y
Revenue YoY growth	-	-	-	-	-	-	-	151%	1%
Earnings YoY growth	-	844%	277%	-1%	-40%	121%	68%	197%	-
Equity YoY growth	-	-	-	-22%	418%	1K%	23%	-10%	54%
FCF YoY growth	-	-	-	-	-24%	642%	6%	-3%	-