AMG Stock Analysis: AMG Critical Materials | AS
Other Industrial Metals & Mining | AS, Netherlands | Market Cap: 1.147m EUR | 12M Return: 71.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.86M
Rev. Trend: 12.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 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. (formerly AMG Advanced Metallurgical Group N.V., renamed in May 2023) is a Netherlands-based specialty materials company operating through three segments: AMG Lithium, AMG Vanadium, and AMG Technologies. The company is vertically integrated across the critical materials value chain, extracting spodumene and producing technical-grade lithium carbonate and battery-grade lithium hydroxide, while also recycling vanadium from oil refining residues and manufacturing ferrovanadium, master alloys, chromium metals, and titanium aluminides. Beyond raw materials, AMG designs advanced vacuum furnace systems for aerospace and industrial customers, produces high-purity natural graphite and antimony trioxide, and offers the LIVA hybrid energy storage system. It serves the transportation, energy, infrastructure, and specialty metals and chemicals industries across the Americas, Europe, Asia, and Africa, and is headquartered in Amsterdam.
As a Diversified Metals & Mining player within the broader Materials sector, AMGs business model is anchored in supplying battery-grade and technology-grade inputs that feed directly into lithium-ion batteries, steel alloys, aerospace components, and grid-scale energy storage - markets tied to the global energy transition. Its combination of upstream mining (spodumene), midstream processing (lithium chemicals, ferrovanadium), and downstream engineering (vacuum furnaces, LIVA systems) distinguishes it from pure-play miners, giving it multiple revenue streams tied to electrification and industrial decarbonization themes.
- Battery-grade lithium hydroxide pricing pressures AMG Lithium margins
- Vanadium recycling volumes and ferrovanadium pricing drive segment results
- Aerospace engine demand supports AMG Technologies furnace revenue
| Net Income: -12.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.87 > 1.0 |
| NWC/Revenue: 20.02% < 20% (prev 24.65%; Δ -4.62% < -1%) |
| CFO/TA 0.02 > 3% & CFO 33.9m > Net Income -12.4m |
| Net Debt (712.7m) to EBITDA (193.6m): 3.68 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (34.0m) vs 12m ago 1.58% < -2% |
| Gross Margin: 18.47% > 18% (prev 16.97%; Δ 1.50% > 0.5%) |
| Asset Turnover: 81.03% > 50% (prev 69.52%; Δ 11.51% > 0%) |
| Interest Coverage Ratio: 1.76 > 6 (EBIT TTM 125.4m / Interest Expense TTM 71.3m) |
| A: 0.16 (Total Current Assets 1.01b - Total Current Liabilities 658.8m) / Total Assets 2.23b |
| B: 0.01 (Retained Earnings 19.0m / Total Assets 2.23b) |
| C: 0.06 (EBIT TTM 125.4m / Avg Total Assets 2.17b) |
| D: 0.34 (Book Value of Equity 557.2m / Total Liabilities 1.66b) |
| Altman-Z'' = 1.80 = BBB |
| DSRI: 0.93 (Receivables 196.7m/176.3m, Revenue 1.76b/1.47b) |
| GMI: 0.92 (GM 16.97% / 18.47%) |
| AQI: 1.01 (AQ_t 0.09 / AQ_t-1 0.09) |
| SGI: 1.20 (Revenue 1.76b / 1.47b) |
| TATA: -0.02 (NI -12.4m - CFO 33.9m) / TA 2.23b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of July 05, 2026, the stock is trading at EUR 33.08 with a total of 125,632 shares traded. Over the past week, the price has changed by +1.33%, over one month by +10.59%, over three months by +28.92% and over the past year by +71.09%.
Current recommended Stop Loss: 30.70 (which is 7.2% or 1.7 ATR below the current price).
AMG Critical Materials has no consensus analysts rating.
Market Cap USD = 1.31b (1.15b EUR * 1.1421 EUR.USD)
P/E Forward = 17.8891
P/S = 0.6628
P/B = 2.3846
P/EG = 2.7391
Revenue TTM = 1.76b USD
EBIT TTM = 125.4m USD
EBITDA TTM = 193.6m USD
Long Term Debt = 744.4m USD (from longTermDebt, last quarter)
Short Term Debt = 52.3m USD (from shortTermDebt, last quarter)
Debt = 904.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 57.5m
Net Debt = 712.7m USD (calculated: Debt 904.0m - CCE 191.2m)
Enterprise Value = 2.02b USD (1.31b + Debt 904.0m - CCE 191.2m)
Interest Coverage Ratio = 1.76 (Ebit TTM 125.4m / Interest Expense TTM 71.3m)
EV/FCF = -40.78x (Enterprise Value 2.02b / FCF TTM -49.6m)
FCF Yield = -2.45% (FCF TTM -49.6m / Enterprise Value 2.02b)
FCF Margin = -2.82% (FCF TTM -49.6m / Revenue TTM 1.76b)
Net Margin = -0.70% (Net Income TTM -12.4m / Revenue TTM 1.76b)
Gross Margin = 18.47% ((Revenue TTM 1.76b - Cost of Revenue TTM 1.44b) / Revenue TTM)
Gross Margin QoQ = 19.47% (prev 13.04%)
Tobins Q-Ratio = 0.91 (Enterprise Value 2.02b / Total Assets 2.23b)
Interest Expense / Debt = 7.89% (Interest Expense 71.3m / Debt 904.0m)
Taxrate = 23.89% (4.02m / 16.8m)
NOPAT = 95.4m (EBIT 125.4m * (1 - 23.89%))
Current Ratio = 1.53 (Total Current Assets 1.01b / Total Current Liabilities 658.8m)
Debt / Equity = 1.62 (Debt 904.0m / totalStockholderEquity, last quarter 557.2m)
Debt / EBITDA = 3.68 (Net Debt 712.7m / EBITDA 193.6m)
Debt / FCF = -14.37 (negative FCF - burning cash) (Net Debt 712.7m / FCF TTM -49.6m)
Total Stockholder Equity = 565.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.57% (Net Income -12.4m / Total Assets 2.23b)
RoE = -2.18% (Net Income TTM -12.4m / Total Stockholder Equity 565.8m)
RoCE = 9.57% (EBIT 125.4m / Capital Employed (Equity 565.8m + L.T.Debt 744.4m))
RoIC = 6.21% (NOPAT 95.4m / Invested Capital 1.54b)
WACC = 7.79% (E(1.31b)/V(2.21b) * Re(9.02%) + D(904.0m)/V(2.21b) * Rd(7.89%) * (1-Tc(0.24)))
Discount Rate = 9.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 46.00 | Cagr: 4.15%
[DCF] Fair Price = unknown (Cash Flow -49.6m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 12.75 | Revenue CAGR: 1.02% | SUE: -0.04 | # QB: 0
EPS current Year (2026-12-31): EPS=1.65 | Chg30d=+20.07% | Revisions=+25% | GrowthEPS=+56.7% | GrowthRev=+4.0%
EPS next Year (2027-12-31): EPS=3.16 | Chg30d=+15.54% | Revisions=+40% | GrowthEPS=+92.1% | GrowthRev=+9.7%
[Analyst] Revisions Ratio: +50% (up=3, down=0)