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Atlantic Lithium Ltd (ALL) Fair Value & Analysis

Basic Materials · GB · Market cap 124M GBX

AL Atlantic Lithium Ltd ALL · LSE
Price£0.1490
Fair Value£0.1312
Upside-12.0%
Quality24/100
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Risks

!Trades 14% ABOVE our fair value of £0.1312
!Mixed Growth (revenue 5y +198.4 %/yr)
!Thin margins · 0.0% net margin
!negative free cash flow
Mixed Growth (revenue 5y +198.4 %/yr)
Thin margins · 0.0% net margin
negative free cash flow
Trails peers (2/7)
Narrow moat 8/100
Evidence: Low Range £0.0765 – £0.1749 Share as image

Fair value as of: Aug 24, 2026

From 3 valuation models · updated today

Fair value updated Aug 24, 2026, revised from £2.53 to £0.1312 (−94.8%) since Jul 18, 2026. Share price −3.2% over the past month.

Below-average quality, and screening another 12% overvalued on our models.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • A fairly wide model range (£0.0765 to £0.1749) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

£0.6660 £0.0569 Fair Value £0.1312 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 24, 2026.

How to read this chart

60‑month range £0.0569 – £0.6660 · fair‑value band £0.0765 – £0.1749 · the £0.1490 price screens above the £0.1312 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 24, 2026.

Full chart & analysis →

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Analysis

Atlantic Lithium Ltd (ALL) currently trades at £0.1490, while our model-based Fair Value estimate is £0.1312, implying the stock looks roughly 12.0% overvalued today. The Quality Score stands at 24/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at £289K. It earns a return on equity of -13.6%. The balance sheet holds a net cash position of £5.2M. Fundamentals as of Aug 24, 2026

Our scenario range runs from £0.0765 (bear case) to £0.1749 (bull case); at £0.1490, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Basic Materials peers we cover trades at -40% fair-value upside, at -12%, ALL screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Gordon GGM £1.26 £2.11 £2.74 70
DDM Multi-Stage £1.26 £2.00 £2.27 61
NCAV (Graham) £0.0300 £0.0300 £0.0500 50
All 3 models by family
Dividend Discount
Gordon GGM £1.26 £2.11 £2.74 70
DDM Multi-Stage £1.26 £2.00 £2.27 61
Asset-Based
NCAV (Graham) £0.0300 £0.0300 £0.0500 50

Widest divergence: Dividend Discount (£2.00) versus Asset-Based (£0.0300). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Return on equity -13.6% TTM
Return on assets -6.0% TTM
Operating margin -4,395% TTM
EPS (TTM) £-0.0100
Revenue (TTM) 289K GBX TTM
Revenue growth (YoY) -91.7%
More key figures
Balance sheet & cash flow
Free cash flow −24.5M GBX FY2025
Net cash 5.2M GBX FY2025

Figures from reported company fundamentals · as of Aug 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 24/100

Of which business quality 29 · Market factors (momentum, volatility) 58

Profitability 0
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 50
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)
Net Issuance 4
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Atlantic Lithium Limited engages in the exploration and development of mineral properties in Australia, Ivory Coast, and Ghana. The company primarily explores for lithium deposits. The company evaluation, development and production of its flagship project is the Ewoyaa lithium project located in Ghana.

Full company description

Atlantic Lithium Limited engages in the exploration and development of mineral properties in Australia, Ivory Coast, and Ghana. The company primarily explores for lithium deposits. The company evaluation, development and production of its flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 771 square kilometers in Côte d'Ivoire. The company was formerly known as IronRidge Resources Limited and changed its name to Atlantic Lithium Limited in November 2021. Atlantic Lithium Limited was incorporated in 2007 and is based in Sydney, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Atlantic Lithium Ltd reported revenue of £10.6K in FY2025 versus £45 in FY2021, a compound +292.2%/yr. Reported net income was −£6.6M in FY2025.

Growth Quality 22/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
£10.6K
Latest YoY
−98.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+198.4%
Avg. growth/yr (14Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+79.3%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +292.2%/yr
FY21 £45
FY22 £0
FY23 £0
FY24 £718K
FY25 £10.6K
Net income
FY21 −£4.9M
FY22 −£34.6M
FY23 −£13.0M
FY24 −£12.5M
FY25 −£6.6M

ALL screens 12% overvalued. Compare with BHP Group →

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Cite: Fair Value Calculator (2026). "Atlantic Lithium Ltd Fair Value". https://www.fairvalue-calculator.com/stock/ALL.LSE

Peer Group

Other Industrial Metals & Mining · 478 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 24 · Bottom 25%
Fair Value upside −13% · Above median
Return on assets -6% · Below median
Net margin (TTM) 0% · Above median
Revenue growth -92% · Bottom 25%

Valuation Multiples vs Other Industrial Metals & Mining median · lower = cheaper

P/B 4.17× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE16 · sector 0
FUTURE0 · sector 32
PAST0 · sector 0
HEALTH0 · sector 96
DIVIDEND0 · sector 33

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Other Industrial Metals & Mining stocks, each showing price versus our Fair Value estimate (as of Aug 24, 2026).

Stock Price Fair Value vs Fair Value
BHP Group BHPN 1,425 MXN 745.46 MXN -48%
Rio Tinto Group RIO A$179.43 A$81.76 -54%
Grupo México, S.A. GMEXICOB 216.56 MXN 173.04 MXN -20%
Vale S.A VALEN 233.40 MXN 139.49 MXN -40%
Saudi Arabian Mining Company 1211 65.50 SAR 33.87 SAR -48%
CMOC Group 603993 ¥19.00 ¥19.80 +4%
China Tungsten And Hightech Materials Co 000657 ¥70.43 ¥9.55 -86%
Hindustan Zinc Limited HINDZINC ₹573.00 ₹508.34 -11%
China Northern Rare Earth (Group) High-Tech Co 600111 ¥41.02 ¥10.59 -74%
Boliden AB BOL kr 527.80 kr 461.48 -13%

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Frequently asked questions

Is Atlantic Lithium Ltd (ALL) overvalued or undervalued?
As of Aug 24, 2026, our model estimates a fair value of £0.1312 versus a price of £0.1490, about −12% (overvalued).
What is the fair value of ALL?
Our model-based fair value for Atlantic Lithium Ltd is £0.1312 (as of Aug 24, 2026), built from audited fundamentals. The current price: £0.1490.
What is the quality score of ALL?
Atlantic Lithium Ltd has a Quality Score of 24/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Atlantic Lithium Ltd (ALL)?
Atlantic Lithium Ltd reported trailing-twelve-month revenue of about £289K (latest available figure, as of Aug 24, 2026).
What is the net profit margin of ALL?
The net profit margin of Atlantic Lithium Ltd is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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