PILBARA MINERALS LIMITED (PLS)
Share Price Analysis and Chart

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PLS - PILBARA MINERALS LIMITED

FNArena Sector : New Battery Elements
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.14
Index: ASX50 | ASX100 | ASX200 | ASX300 | ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.41

06 Dec
2023

0.180

OPEN

$3.10

5.57%

HIGH

$3.45

59,232,042

LOW

$3.10

TARGET
$4.67 37.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
A11 . A4N . AGY . AKE . ASN . AVZ . AZS . BKT . BSX . CXO . DLI . EMN . GL1 . GLN . GT1 . INR . JRV . LEL . LKE . LLL . LPD . LPI . LTR . MNS . NMT . NVX . PLL . PSC . RNU . SRL . SYA . SYR . TLG . VUL . WIN . WR1 .
FNARENA'S MARKET CONSENSUS FORECASTS
PLS: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 79.9 40.7 xxx
DPS (cps) xxx 25.0 7.0 xxx
EPS Growth xxx 100.0% - 49.1% xxx
DPS Growth xxx N/A - 72.0% xxx
PE Ratio xxx N/A 8.5 xxx
Dividend Yield xxx N/A 2.0% xxx
Div Pay Ratio(%) xxx 31.3% 17.2% xxx

Dividend yield today if purchased 3 years ago: 31.25%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 7.33

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

Last ex-div: 05/09 - ex-div 14c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx79.9
DPS All xxxxxxxxxxxxxxx25.0
Sales/Revenue xxxxxxxxxxxxxxx4,064.0 M
Book Value Per Share xxxxxxxxxxxxxxx113.1
Net Operating Cash Flow xxxxxxxxxxxxxxx3,425.8 M
Net Profit Margin xxxxxxxxxxxxxxx58.84 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx102.14 %
Return on Invested Capital xxxxxxxxxxxxxxx90.82 %
Return on Assets xxxxxxxxxxxxxxx66.63 %
Return on Equity xxxxxxxxxxxxxxx102.14 %
Return on Total Capital xxxxxxxxxxxxxxx117.92 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx2,710.4 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx124 M
Long Term Debt xxxxxxxxxxxxxxx348 M
Total Debt xxxxxxxxxxxxxxx472 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx3,339 M
Price To Book Value xxxxxxxxxxxxxxx4.32

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx385.5 M
Capex % of Sales xxxxxxxxxxxxxxx9.49 %
Cost of Goods Sold xxxxxxxxxxxxxxx799 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx54 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx217 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

0.2

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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UBS

31/10/2023

5

Downgrade to Sell from Neutral

$3.45

1.17%

UBS downgrades its lithium price forecasts -10% to -50% out to 2030 after lowering its expectations for electric vehicle demand (which represent 75% of lithium demand) for the period.

The broker is predicting big demand falls in Europe and the US as subsidies fall, discounts on internal combustion cars kick in, consumers tighten their belts and as charging infrastructure lags.

The broker expects the lithium market will move into surplus and remain as such until 2028. The broker cuts global EV sales forecasts -5% to -15% out to 2030. 

Pilbara Minerals is downgraded to Sell from Neutral. Target price falls to $3.45 from $4.15. EPS forecasts fall -29.2% in FY24; -34% in FY25; and -27.3% in FY26.

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Access Stockbroker Research History >

PLS STOCK CHART

FNArena News on PLS

1
Australian Broker Call *Extra* Edition – Nov 28, 2023

Nov 28 2023 - Daily Market Reports
2
Material Matters: Iron Ore; Copper; Zinc; Lithium

Nov 22 2023 - Commodities
3
ESG Focus: Rounding Up A Psychosocial FY23 Season

Nov 20 2023 - ESG Focus
4
The Short Report – 16 Nov 2023

Nov 16 2023 - Weekly Reports
5
ESG Focus: Day Of The TRIFRS

Nov 09 2023 - ESG Focus

Latest New Battery Elements News

1
ESG Focus: The Little Big Things – 31-10-2023

Nov 01 2023 - ESG Focus
2
Lithium: Short Term Pain, Long Term Gain?

Oct 13 2023 - Feature Stories
3
ESG Focus: Grid Battery Innovation Barrelling Down

Sep 07 2023 - ESG Focus
4
Allkem: On The Move

Sep 05 2023 - Technicals
5
The Short Report – 24 Aug 2023

Aug 24 2023 - Weekly Reports
6
ESG Focus: Will Lithium Meet Its Waterloo?

Aug 10 2023 - ESG Focus
7
The Ups And Downs Of Mineral Resources

Jul 25 2023 - Australia
8
Syrah Resources: Near-Term Pain, Graphite Price Upside

Jul 20 2023 - Small Caps
9
Lithium Outlook Includes DLE Uncertainties

Jul 04 2023 - Commodities
10
Lithium: Longer Term Bullish

Jun 29 2023 - Technicals