(ALM) Almonty Industries Common - Overview
Sector: Basic Materials | Industry: Other Industrial Metals & Mining | Exchange: NASDAQ (USA) | Market Cap: 5.295m USD | Total Return: 9.9% in 12m
Avg Turnover: 90.0M
Qual. Beats: 0
Rev. Trend: 98.1%
Warnings
Share dilution 53.5% YoY
Interest Coverage Ratio -7.1 is critical
Altman Z'' -1.28 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Confidence
Almonty Industries Inc. (ALM) is a Montana-based mining company focused on the exploration, extraction, and processing of tungsten and tin concentrates. The firm maintains a globally diversified portfolio with 100% ownership interests in operational mines and development projects across South Korea, Portugal, Spain, Canada, and the United States.
Tungsten is classified as a critical raw material due to its high melting point and hardness, making it essential for industrial applications such as metalworking, mining tools, and defense technologies. The sector is characterized by high barriers to entry and a concentrated global supply chain, where Almonty operates as a key non-Chinese producer of tungsten trioxide.
Investors can further evaluate the companys valuation and growth metrics at ValueRay. Almonty’s business model centers on the long-term vertical integration of its assets to secure a stable supply of strategic metals for international markets.
- Sangdong Mine production commencement scales global tungsten supply capacity
- Tungsten price volatility impacts revenue margins and operational profitability
- Low-cost financing from KfW IPB secures long-term infrastructure development
- Strategic metal status drives demand from defense and aerospace sectors
- Geological and regulatory risks affect exploration success in European jurisdictions
| Net Income: -132.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.13 > 0.02 and ΔFCF/TA 2.54 > 1.0 |
| NWC/Revenue: 338.9% < 20% (prev -62.35%; Δ 401.3% < -1%) |
| CFO/TA -0.01 > 3% & CFO -5.06m > Net Income -132.6m |
| Net Debt/EBITDA: error (cannot be calculated) |
| Current Ratio: 2.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (282.8m) vs 12m ago 53.55% < -2% |
| Gross Margin: 29.26% > 18% (prev 0.07%; Δ 2.92k% > 0.5%) |
| Asset Turnover: 11.31% > 50% (prev 9.60%; Δ 1.71% > 0%) |
| Interest Coverage Ratio: -7.07 > 6 (EBITDA TTM -22.5m / Interest Expense TTM 3.32m) |
| A: 0.28 (Total Current Assets 286.6m - Total Current Liabilities 117.1m) / Total Assets 605.6m |
| B: -0.47 (Retained Earnings -287.4m / Total Assets 605.6m) |
| C: -0.05 (EBIT TTM -23.5m / Avg Total Assets 442.3m) |
| D: -1.16 (Book Value of Equity -287.4m / Total Liabilities 248.8m) |
| Altman-Z'' = -1.28 = CCC |
| DSRI: 1.54 (Receivables 10.3m/3.60m, Revenue 50.0m/26.8m) |
| GMI: 0.26 (GM 29.26% / 7.49%) |
| AQI: 0.47 (AQ_t 0.06 / AQ_t-1 0.13) |
| SGI: 1.87 (Revenue 50.0m / 26.8m) |
| TATA: -0.21 (NI -132.6m - CFO -5.06m) / TA 605.6m) |
| Beneish M = -3.17 (Cap -4..+1) = AA |
As of May 26, 2026, the stock is trading at USD 18.66 with a total of 2,869,700 shares traded.
Over the past week, the price has changed by +4.07%,
over one month by -5.28%,
over three months by -9.73% and
over the past year by +9.92%.
Almonty Industries Common has no consensus analysts rating.
Market Cap CAD = 7.31b (5.29b USD * 1.3805 USD.CAD)
P/E Forward = 60.9756
P/S = 105.8798
P/B = 20.3882
Revenue TTM = 50.0m CAD
EBIT TTM = -23.5m CAD
EBITDA TTM = -22.5m CAD
Long Term Debt = 108.5m CAD (from longTermDebt, last quarter)
Short Term Debt = 56.9m CAD (from shortLongTermDebt, last quarter)
Debt = unknown
Net Debt = unknown
Enterprise Value = 7.05b CAD (7.31b + (null Debt) - CCE 259.9m)
Interest Coverage Ratio = -7.07 (Ebit TTM -23.5m / Interest Expense TTM 3.32m)
EV/FCF = -88.25x (Enterprise Value 7.05b / FCF TTM -79.9m)
FCF Yield = -1.13% (FCF TTM -79.9m / Enterprise Value 7.05b)
FCF Margin = -159.7% (FCF TTM -79.9m / Revenue TTM 50.0m)
Net Margin = -265.1% (Net Income TTM -132.6m / Revenue TTM 50.0m)
Gross Margin = 29.26% ((Revenue TTM 50.0m - Cost of Revenue TTM 35.4m) / Revenue TTM)
Gross Margin QoQ = 51.22% (prev 15.06%)
Tobins Q-Ratio = 11.64 (Enterprise Value 7.05b / Total Assets 605.6m)
Interest Expense / Debt = unknown (Interest Expense 3.32m / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = -18.6m (EBIT -23.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.45 (Total Current Assets 286.6m / Total Current Liabilities 117.1m)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA -22.5m)
Debt / FCF = unknown (Net Debt none / FCF TTM -79.9m)
Total Stockholder Equity = 224.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -29.97% (Net Income -132.6m / Total Assets 605.6m)
RoE = -25.91% (Net Income TTM -132.6m / Total Stockholder Equity 511.5m)
RoCE = -3.79% (EBIT -23.5m / Capital Employed (Equity 511.5m + L.T.Debt 108.5m))
RoIC = -8.11% (negative operating profit) (NOPAT -18.6m / Invested Capital 228.6m)
WACC = 10.88% (E(7.31b)/V(7.31b) * Re(10.88%) + (debt-free company))
Discount Rate = 10.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 30.75%
[DCF] Fair Price = unknown (Cash Flow -79.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.08 | # QB: 0
Revenue Correlation: 98.05 | Revenue CAGR: 20.18% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.17 | Chg30d=N/A | Revisions=N/A | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.35 | Chg30d=+96.07% | Revisions=N/A | Analysts=2
EPS current Year (2026-12-31): EPS=1.04 | Chg30d=+137.43% | Revisions=N/A | GrowthEPS=+773.3% | GrowthRev=+1107.7%
EPS next Year (2027-12-31): EPS=2.59 | Chg30d=+139.67% | Revisions=+20% | GrowthEPS=+148.1% | GrowthRev=+122.7%
[Analyst] Revisions Ratio: +20%