(LAC) Lithium Americas - Ratings and Ratios
Lithium, Brine, Clay, Nevada, Canada
LAC EPS (Earnings per Share)
LAC Revenue
Description: LAC Lithium Americas October 23, 2025
Lithium Americas Corp. (NYSE:LAC) is a Vancouver-based miner that develops, builds, and operates lithium-rich hard-rock deposits and downstream chemical processing facilities across the United States and Canada. Its core asset is the Thacker Pass project in the McDermitt Caldera of northern Nevada, which is slated to become one of the largest domestic sources of battery-grade lithium in the United States.
Key operational metrics (as of Q2 2024) show Thacker Pass targeting an initial production capacity of ~ 65,000 tonnes of lithium carbonate equivalent (LCE) per year, with a projected cash-cost of roughly $5,500 per tonne LCE-significantly below the current market average of $7,000-$8,000 per tonne. The company also holds a 100 % interest in the Cauchari-Olaroz joint-venture in Argentina, which contributed ~ 30,000 tonnes LCE in 2023, providing a diversified revenue stream.
Sector drivers that materially affect LAC’s outlook include the accelerating demand for electric-vehicle batteries (global EV sales grew ≈ 45 % YoY in 2023) and the U.S. Inflation Reduction Act, which offers tax credits for domestically sourced lithium, thereby tightening the supply-side premium for projects like Thacker Pass. Conversely, the company’s 2023 incorporation date and relatively short operating history introduce execution risk, especially around permitting and capital-raising timelines.
For a deeper, data-driven dive into LAC’s valuation assumptions and scenario analysis, you may find the free analytical tools on ValueRay useful as a next step in your research.
LAC Stock Overview
| Market Cap in USD | 1,366m |
| Sub-Industry | Diversified Metals & Mining |
| IPO / Inception | 2018-01-25 |
LAC Stock Ratings
| Growth Rating | -32.8% |
| Fundamental | 28.6% |
| Dividend Rating | - |
| Return 12m vs S&P 500 | -0.16% |
| Analyst Rating | 3.73 of 5 |
LAC Dividends
Currently no dividends paidLAC Growth Ratios
| Growth Correlation 3m | 80.1% |
| Growth Correlation 12m | -7.9% |
| Growth Correlation 5y | -46.1% |
| CAGR 5y | -28.18% |
| CAGR/Max DD 3y (Calmar Ratio) | -0.34 |
| CAGR/Mean DD 3y (Pain Ratio) | -0.44 |
| Sharpe Ratio 12m | -0.65 |
| Alpha | -32.23 |
| Beta | 3.447 |
| Volatility | 96.79% |
| Current Volume | 18491k |
| Average Volume 20d | 37057.2k |
| Stop Loss | 4.7 (-7.7%) |
| Signal | -1.38 |
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (-53.4m TTM) > 0 and > 6% of Revenue (6% = -1.02 TTM) |
| FCFTA -0.38 (>2.0%) and ΔFCFTA -9.85pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -2.71b% (prev 685.6k%; Δ -2.71bpp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA -0.04 (>3.0%) and CFO -58.3m <= Net Income -53.4m (YES >=105%, WARN >=100%) |
| NO Net Debt/EBITDA fails (EBITDA <= 0) |
| Current Ratio 9.88 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (219.6m) change vs 12m ago 7.39% (target <= -2.0% for YES) |
| Gross Margin 1.38m% (prev -115.7%; Δ 1.38mpp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover -0.00% (prev 0.01%; Δ -0.01pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio -887.7 (EBITDA TTM -35.2m / Interest Expense TTM 41.0k) >= 6 (WARN >= 3) |
Altman Z'' 3.87
| (A) 0.34 = (Total Current Assets 511.7m - Total Current Liabilities 51.8m) / Total Assets 1.34b |
| (B) -0.06 = Retained Earnings (Balance) -78.8m / Total Assets 1.34b |
| (C) -0.04 = EBIT TTM -36.4m / Avg Total Assets 1.02b |
| (D) 1.95 = Book Value of Equity 591.8m / Total Liabilities 303.3m |
| Total Rating: 3.87 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 28.59
| 1. Piotroski 2.0pt = -3.0 |
| 2. FCF Yield -48.12% = -5.0 |
| 3. FCF Margin data missing |
| 4. Debt/Equity 0.34 = 2.44 |
| 5. Debt/Ebitda 8.58 = -2.50 |
| 6. ROIC - WACC (= -20.27)% = -12.50 |
| 7. RoE -8.42% = -1.40 |
| 8. Rev. Trend 4.36% = 0.33 |
| 9. EPS Trend 4.47% = 0.22 |
What is the price of LAC shares?
Over the past week, the price has changed by -15.31%, over one month by -43.69%, over three months by +92.08% and over the past year by +21.19%.
Is Lithium Americas a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of LAC is around 4.63 USD . This means that LAC is currently overvalued and has a potential downside of -9.04%.
Is LAC a buy, sell or hold?
- Strong Buy: 4
- Buy: 3
- Hold: 8
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the LAC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 5.8 | 13.6% |
| Analysts Target Price | 5.8 | 13.6% |
| ValueRay Target Price | 5.5 | 8.4% |
LAC Fundamental Data Overview November 04, 2025
P/E Forward = 40.0
P/S = 177.9725
P/B = 2.6898
Beta = 3.447
Revenue TTM = -17.0 USD
EBIT TTM = -36.4m USD
EBITDA TTM = -35.2m USD
Long Term Debt = 186.9m USD (from longTermDebt, last quarter)
Short Term Debt = 11.4m USD (from shortTermDebt, last quarter)
Debt = 206.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -302.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.06b USD (1.37b + Debt 206.7m - CCE 508.9m)
Interest Coverage Ratio = -887.7 (Ebit TTM -36.4m / Interest Expense TTM 41.0k)
FCF Yield = -48.12% (FCF TTM -512.2m / Enterprise Value 1.06b)
WARNING: Negative Revenue TTM = -17.0
FCF Margin = 3.01b% (FCF TTM -512.2m / Revenue TTM -17.0)
WARNING: Negative Revenue TTM = -17.0
Net Margin = 314.1m% (Net Income TTM -53.4m / Revenue TTM -17.0)
WARNING: Negative Revenue TTM = -17.0
Gross Margin = 9999 % ((Revenue TTM -17.0 - Cost of Revenue TTM 234.0k) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 0.79 (Enterprise Value 1.06b / Total Assets 1.34b)
Interest Expense / Debt = 0.02% (Interest Expense 41.0k / Debt 206.7m)
Taxrate = 25.00% (-10.7m / -42.6m)
NOPAT = -27.3m (EBIT -36.4m * (1 - 25.00%)) [loss with tax shield]
Current Ratio = 9.88 (Total Current Assets 511.7m / Total Current Liabilities 51.8m)
Debt / Equity = 0.34 (Debt 206.7m / totalStockholderEquity, last quarter 616.3m)
Debt / EBITDA = 8.58 (negative EBITDA) (Net Debt -302.2m / EBITDA -35.2m)
Debt / FCF = 0.59 (negative FCF - burning cash) (Net Debt -302.2m / FCF TTM -512.2m)
Total Stockholder Equity = 633.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.99% (Net Income -53.4m / Total Assets 1.34b)
RoE = -8.42% (Net Income TTM -53.4m / Total Stockholder Equity 633.9m)
RoCE = -4.43% (EBIT -36.4m / Capital Employed (Equity 633.9m + L.T.Debt 186.9m))
RoIC = -4.01% (negative operating profit) (NOPAT -27.3m / Invested Capital 680.6m)
WACC = 16.26% (E(1.37b)/V(1.57b) * Re(18.72%) + D(206.7m)/V(1.57b) * Rd(0.02%) * (1-Tc(0.25)))
Discount Rate = 18.72% (= CAPM, Blume Beta Adj.) -> capped to 17.95%
Shares Correlation 3-Years: 100.0 | Cagr: 16.50%
Fair Price DCF = unknown (Cash Flow -512.2m)
EPS Correlation: 4.47 | EPS CAGR: 275.1% | SUE: 0.23 | # QB: 0
Revenue Correlation: 4.36 | Revenue CAGR: 0.0% | SUE: 0.0 | # QB: 0
Additional Sources for LAC Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle