AMG Stock Analysis: AMG Critical Materials | AS
Other Industrial Metals & Mining | AS, Netherlands | Market Cap: 859m EUR | 12M Return: -16.1% | NL0000888691 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 4.92M
Rev. Trend: 52.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
AMG Critical Materials N.V. is a Netherlands-based specialty materials company operating across three segments: AMG Lithium, AMG Vanadium, and AMG Technologies. The company focuses on developing, producing, and selling energy storage materials, serving transportation, energy, infrastructure, and specialty metals and chemicals industries worldwide, with operations in the United States, China, Germany, France, Japan, Brazil, and Africa. It was founded in 2006, headquartered in Amsterdam, and rebranded from AMG Advanced Metallurgical Group N.V. in May 2023.
The company has a vertically integrated lithium value chain, extracting spodumene (a hard-rock lithium mineral) and refining it into technical-grade lithium carbonate and battery-grade lithium hydroxide, which are key inputs for lithium-ion batteries used in electric vehicles and grid storage. Its vanadium segment recovers vanadium from oil refining residues (spent catalysts) and produces ferrovanadium and other specialty alloys used to strengthen steel.
AMG Technologies provides advanced vacuum furnace systems, aerospace engine components, and high-purity natural graphite, along with the LIVA hybrid energy storage system for industrial applications. The company also produces niche specialty products such as titanium aluminides, chromium metals, and antimony trioxide (a flame retardant used in plastics and textiles).
- Lithium oversupply pressures AMG Lithium segment margins
- Vanadium recycling revenue grows with oil refining throughput
- Aerospace demand drives AMG Technologies vacuum furnace orders
| Net Income: 4.09m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 1.11 > 1.0 |
| NWC/Revenue: 26.55% < 20% (prev 24.11%; Δ 2.43% < -1%) |
| CFO/TA 0.04 > 3% & CFO 93.5m > Net Income 4.09m |
| Net Debt (572.4m) to EBITDA (226.7m): 2.52 < 3 |
| Current Ratio: 1.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.5m) vs 12m ago 7.55% < -2% |
| Gross Margin: 19.42% > 18% (prev 18.48%; Δ 0.94% > 0.5%) |
| Asset Turnover: 78.98% > 50% (prev 69.43%; Δ 9.55% > 0%) |
| Interest Coverage Ratio: 2.19 > 6 (EBIT TTM 154.2m / Interest Expense TTM 70.4m) |
| A: 0.20 (Total Current Assets 1.17b - Total Current Liabilities 679.2m) / Total Assets 2.42b |
| B: 0.02 (Retained Earnings 47.8m / Total Assets 2.42b) |
| C: 0.07 (EBIT TTM 154.2m / Avg Total Assets 2.32b) |
| D: 0.43 (Book Value of Equity 726.6m / Total Liabilities 1.68b) |
| Altman-Z'' = 2.28 = BBB |
| DSRI: 0.95 (Receivables 192.1m/169.9m, Revenue 1.84b/1.54b) |
| GMI: 0.95 (GM 18.48% / 19.42%) |
| AQI: 1.11 (AQ_t 0.10 / AQ_t-1 0.09) |
| SGI: 1.19 (Revenue 1.84b / 1.54b) |
| TATA: -0.04 (NI 4.09m - CFO 93.5m) / TA 2.42b) |
| Beneish M = -2.91 (Cap -4..+1) = A |
As of November 02, 2026, the stock is trading at EUR 23.90 with a total of 312,041 shares traded. Over the past week, the price has changed by +5.10%, over one month by -18.04%, over three months by -18.37% and over the past year by -16.07%.
Current recommended Stop Loss: 22.70 (which is 5% or 1.3 ATR below the current price).
AMG Critical Materials has no consensus analysts rating.
Market Cap USD = 962.3m (859.0m EUR * 1.12015 EUR.USD)
P/E Trailing = 402.3333
P/E Forward = 7.716
P/S = 0.4643
P/B = 1.3
P/EG = 2.7391
Revenue TTM = 1.84b USD
EBIT TTM = 154.2m USD
EBITDA TTM = 226.7m USD
Long Term Debt = 743.4m USD (from longTermDebt, last quarter)
Short Term Debt = 54.3m USD (from shortTermDebt, last quarter)
Debt = 902.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 56.0m
Net Debt = 572.4m USD (calculated: Debt 902.6m - CCE 330.2m)
Enterprise Value = 1.53b USD (962.3m + Debt 902.6m - CCE 330.2m)
Interest Coverage Ratio = 2.19 (Ebit TTM 154.2m / Interest Expense TTM 70.4m)
EV/FCF = 168.6x (Enterprise Value 1.53b / FCF TTM 9.11m)
FCF Yield = 0.59% (FCF TTM 9.11m / Enterprise Value 1.53b)
FCF Margin = 0.50% (FCF TTM 9.11m / Revenue TTM 1.84b)
Net Margin = 0.22% (Net Income TTM 4.09m / Revenue TTM 1.84b)
Gross Margin = 19.42% ((Revenue TTM 1.84b - Cost of Revenue TTM 1.48b) / Revenue TTM)
Gross Margin QoQ = 23.82% (prev 19.47%)
Tobins Q-Ratio = 0.63 (Enterprise Value 1.53b / Total Assets 2.42b)
Interest Expense / Debt = 7.80% (Interest Expense 70.4m / Debt 902.6m)
Taxrate = 38.63% (18.6m / 48.3m)
NOPAT = 94.6m (EBIT 154.2m * (1 - 38.63%))
Current Ratio = 1.72 (Total Current Assets 1.17b / Total Current Liabilities 679.2m)
Debt / Equity = 1.24 (Debt 902.6m / totalStockholderEquity, last quarter 726.6m)
Debt / EBITDA = 2.52 (Net Debt 572.4m / EBITDA 226.7m)
Debt / FCF = 62.87 (Net Debt 572.4m / FCF TTM 9.11m)
Total Stockholder Equity = 602.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.18% (Net Income 4.09m / Total Assets 2.42b)
RoE = 0.68% (Net Income TTM 4.09m / Total Stockholder Equity 602.9m)
RoCE = 11.45% (EBIT 154.2m / Capital Employed (Equity 602.9m + L.T.Debt 743.4m))
RoIC = 5.55% (NOPAT 94.6m / Invested Capital 1.71b)
WACC = 7.46% (E(962.3m)/V(1.86b) * Re(9.96%) + D(902.6m)/V(1.86b) * Rd(7.80%) * (1-Tc(0.39)))
Discount Rate = 9.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 69.14 | Cagr: 5.26%
[DCF] Terminal Value 75.44% ; FCFF base≈9.11m ; Y1≈9.14m ; Y5≈9.68m
[DCF] Fair Price = N/A (negative equity: EV 150.6m - Net Debt 572.4m = -421.8m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 52.77 | Revenue CAGR: 4.88% | SUE: 0.19 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.70 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=2.00 | Chg30d=+6.21% | Revisions=+25% | GrowthEPS=+90.2% | GrowthRev=+8.2%
EPS next Year (2027-12-31): EPS=2.69 | Chg30d=-20.53% | Revisions=+40% | GrowthEPS=+34.7% | GrowthRev=+1.6%
[Analyst] Revisions Ratio: +50% (up=3, down=0)