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Altech Chemicals Limited
(Sydney:ATC)
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Rating:41Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Upgraded
Date:10/03/26
The score is primarily driven by very weak financial performance: zero/near-zero revenue, widening losses, and persistent negative operating and free cash flow alongside shrinking equity and assets. Valuation provides limited support due to a non-meaningful negative P/E and no dividend yield data. Technical assessment is constrained by missing indicators, with beta implying elevated volatility.
Positive Factors
HPA project focus
The HPA focus targets technically demanding applications in battery materials and advanced technologies, offering exposure to specialized end markets. If development reaches commercial production, this product positioning could provide a more differentiated opportunity than an undifferentiated chemicals business.
Negative Factors
No operating revenue
The absence of meaningful operating revenue shows that the company has not yet established a commercial earnings base. This leaves future financial performance dependent on advancing the HPA project to production and securing sales, making revenue visibility weak over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
HPA project focus
The HPA focus targets technically demanding applications in battery materials and advanced technologies, offering exposure to specialized end markets. If development reaches commercial production, this product positioning could provide a more differentiated opportunity than an undifferentiated chemicals business.
Read all positive factors
Altech Chemicals Limited (ATC) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$4.00M
Dividend YieldN/A
Average Volume (3M)6.33M
Price to Earnings (P/E)―
Beta (1Y)1.36
Revenue GrowthN/A
EPS Growth-107.04%
CountryAU
Employees24
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,669,056,400
10 Day Avg. Volume3,756,349
30 Day Avg. Volume6,329,042
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.65
Price to Sales (P/S)0.00
P/FCF Ratio-3.04
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Altech Chemicals Limited Business Overview & Revenue Model
Company Description
Altech Chemicals Limited is engaged in the production of high-purity alumina, a substance vital for manufacturing synthetic sapphire. The company holds a 100% ownership stake in a significant kaolin deposit located in Meckering, Western Australia....
How the Company Makes Money
ATC’s business model, as publicly described, has been primarily project-development focused rather than a mature, recurring-operating-revenue model. The company’s potential future revenue would be expected to come from selling high-purity alumina ...
Altech Chemicals Limited Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
34
Negative
Cash Flow
14
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 82.22K | 88.45K | 20.81K | 0.00 |
| Gross Profit | -3.09M | 82.22K | -311.25K | -326.96K | -328.89K |
| EBITDA | -5.25M | -12.82M | -32.45M | -61.69M | -5.65M |
| Net Income | -39.24M | -11.72M | -28.06M | -59.72M | -5.73M |
Balance Sheet | |||||
| Total Assets | 9.00M | 36.89M | 38.10M | 44.88M | 98.39M |
| Cash, Cash Equivalents and Short-Term Investments | 1.00M | 448.23K | 2.12M | 3.57M | 10.91M |
| Total Debt | 3.53M | 12.94M | 9.45M | 4.28M | 89.93K |
| Total Liabilities | 5.00M | 16.45M | 15.47M | 11.00M | 850.53K |
| Stockholders Equity | 15.33M | 30.92M | 28.98M | 35.99M | 97.61M |
Cash Flow | |||||
| Free Cash Flow | -8.35M | -15.93M | -27.67M | -15.49M | -7.44M |
| Operating Cash Flow | -7.30M | -7.65M | -11.41M | -8.28M | -4.82M |
| Investing Cash Flow | -269.53K | -8.28M | -13.66M | -2.15M | -4.33M |
| Financing Cash Flow | 7.69M | 14.26M | 23.63M | 3.08M | 13.35M |
Altech Chemicals Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | AU$18.01M | -4.96 | -10.76% | ― | ― | 49.10% | |
46 Neutral | AU$80.35M | -7.63 | -87.35% | ― | -96.81% | -19.09% | |
45 Neutral | AU$28.85M | -16.67 | -11.53% | ― | ― | -783.33% | |
42 Neutral | AU$48.78M | -9.02 | -67.92% | ― | 14.77% | 16.88% | |
41 Neutral | AU$4.00M | -0.10 | -174.71% | ― | ― | -107.04% | |
40 Underperform | AU$18.04M | -2.12 | -26.48% | ― | ― | 79.00% |
* Basic Materials Sector Average
AU:ATC
Altech Chemicals Limited
0.01
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-80.00%
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0.01
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0.00%
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Greentech Metals Ltd.
0.05
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-32.00%
Altech Chemicals Limited Corporate Events
Altech Batteries Sets November Date for 2026 AGM and Tightens Proxy Voting Rules
Oct 2, 2026
Altech Batteries Limited has issued a formal notice convening its Annual General Meeting to be held in Perth on 19 November 2026 at 3.00pm AWST. The company has set 17 November 2026 as the record date determining which registered shareholders are ...
Altech Batteries Sets 2026 AGM and Moves to Digital Shareholder Communications
Oct 2, 2026
Altech Batteries has called its 2026 Annual General Meeting for 19 November in Perth, signaling routine governance activity and continued engagement with its shareholder base. The company is shifting away from hard-copy distribution of AGM materia...
Altech Batteries Shares Resume Trading After ASX Reinstatement
Oct 1, 2026
Altech Batteries has had its securities reinstated to quotation on the ASX following the lodgement of its annual report for the year ended 30 June 2026, ending a trading suspension. The return to trading restores liquidity for shareholders and sig...
Altech Batteries Files Updated Corporate Governance Statement with ASX
Oct 1, 2026
Altech Batteries has lodged its corporate governance statement for the year to 30 June 2026 as part of its annual report, confirming that its governance disclosures are current as at 30 September 2026 and approved by the board. The filing, via an ...
Altech Batteries Cancels 12 Million Unvested Performance Rights
Sep 27, 2026
Altech Batteries has notified the market that 12,000,000 performance rights, trading under the code ATCAC, have lapsed as the conditions attached to those rights were not met or have become incapable of being satisfied. The cessation of these secu...
Altech Batteries Sets AGM Date and Director Nomination Deadline
Sep 24, 2026
Altech Batteries Limited has scheduled its Annual General Meeting for 19 November 2026 at 3:00 p.m. AWST, in line with ASX listing requirements and its constitution. The formal notice of meeting, including details of the venue and resolutions, wil...
Altech Batteries Switches External Auditor on Commercial Grounds
Sep 3, 2026
Altech Batteries Limited has announced a change in its external auditor, replacing Moore Australia (WA) Pty Ltd with Stantons International Audit Consulting Pty Ltd. The company cited commercial reasons for the switch, signalling a routine govern...
Altech Batteries’ German Subsidiary Set for Insolvency as CERENERGY Project Halted
Aug 9, 2026
Altech Batteries Limited has announced that its 75%-owned German subsidiary, Altech Batteries GmbH, is expected to file for insolvency after the company decided to discontinue the CERENERGY battery project and halt further funding. The move follow...
Altech Batteries Details Project Termination and Clarifies German Market Disclosure
Aug 7, 2026
Altech Batteries has confirmed that decisions to terminate its strategic partner search and discontinue a key project were considered material to its share price, and that its board formally resolved to wind down the initiative on 31 July 2026 aft...
Altech pivots to CERENERGY as German grant deadline extended and Silumina project shut down
Jul 30, 2026
Altech Chemicals’ German subsidiary Altech Batteries GmbH has secured an extension from the German Federal Ministry for Economic Affairs and Energy to achieve full financial close for its CERENERGY® battery project, pushing the deadline...
Altech Batteries Options Lapse, Simplifying Capital Structure
Jul 27, 2026
Altech Batteries Ltd has reported the cessation of 28,261,262 listed options expiring on 30 April 2026 with an exercise price of $0.08. The options lapsed after the conditional rights attached to them were not satisfied or became incapable of bein...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.