PIEDMONT LITHIUM INC (PLL)
Share Price Analysis and Chart

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PLL - PIEDMONT LITHIUM INC

FNArena Sector : New Battery Elements
Year End: December
GICS Industry Group : Materials
Debt/EBITDA: -0.06
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.63

22 Sep
2023

-0.020

OPEN

$0.62

-3.08%

HIGH

$0.65

2,438,316

LOW

$0.61

TARGET
$1.80 185.7% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
PLL: 1
Title FY21
Actual		 FY22
Actual		 FY23
Forecast		 FY24
Forecast
EPS (cps) xxx - 1.1 9.0 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 7.0 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A 0.0% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx-1.1
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx-
Book Value Per Share xxxxxxxxxxxxxxx22.1
Net Operating Cash Flow xxxxxxxxxxxxxxx-38.0 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx-5.86 %
Return on Invested Capital xxxxxxxxxxxxxxx-5.83 %
Return on Assets xxxxxxxxxxxxxxx-5.55 %
Return on Equity xxxxxxxxxxxxxxx-5.86 %
Return on Total Capital xxxxxxxxxxxxxxx-14.04 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-75.1 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201720182019202020212022
Short-Term Debt xxxxxxxxxxxxxxx1 M
Long Term Debt xxxxxxxxxxxxxxx2 M
Total Debt xxxxxxxxxxxxxxx3 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx147 M
Price To Book Value xxxxxxxxxxxxxxx2.92

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201720182019202020212022
Capex xxxxxxxxxxxxxxx55.9 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx45 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx141 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

07/09/2023

1

Outperform

$1.80

185.71%

Piedmont Lithium's joint venture partner at Ewoyaa has assays for 6,150metres of infill and exploration RC drilling which have confirmed mineralisation extension at South-2 and North-East deposits.

As production at North American Lithium ramps up, the broker expects the company will start generating strong cash flow from the offtake and this should help it fund share of the Ewoyaa project and the Tennessee lithium hydroxide plant.

Outperform rating and $1.80 target maintained.

FORECAST
Macquarie forecasts a full year FY23 dividend of 0.00 cents and EPS of 9.00 cents.
Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of 25.60 cents.
Access Stockbroker Research History >

PLL STOCK CHART

FNArena News on PLL

1
Australian Broker Call *Extra* Edition – Sep 13, 2023

Sep 13 2023 - Daily Market Reports
2
FNArena Corporate Results Monitor – 14-08-2023

Aug 14 2023 - Australia
3
Australian Broker Call *Extra* Edition – Jun 14, 2023

Jun 14 2023 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – May 10, 2023

May 10 2023 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – May 02, 2023

May 02 2023 - Daily Market Reports

Latest New Battery Elements News

1
ESG Focus: Grid Battery Innovation Barrelling Down

Sep 07 2023 - ESG Focus
2
Allkem: On The Move

Sep 05 2023 - Technicals
3
The Short Report – 24 Aug 2023

Aug 24 2023 - Weekly Reports
4
ESG Focus: Will Lithium Meet Its Waterloo?

Aug 10 2023 - ESG Focus
5
The Ups And Downs Of Mineral Resources

Jul 25 2023 - Australia
6
Syrah Resources: Near-Term Pain, Graphite Price Upside

Jul 20 2023 - Small Caps
7
Lithium Outlook Includes DLE Uncertainties

Jul 04 2023 - Commodities
8
Lithium: Longer Term Bullish

Jun 29 2023 - Technicals
9
Ignore Short Term Lithium Price Volatility

Jun 01 2023 - Commodities
10
Allkem: Breaking Out

May 09 2023 - Technicals