Almonty Industries Inc.

ALM Basic Materials Other Industrial Metals & Mining

Almonty Industries Inc.’s revenue for fiscal 2025 (year ended December 2025) was $23.3 million, up 10.6% from fiscal 2024. In the quarter to June 2026, revenue grew 497.2%, EPS grew 309.1%, free cash flow grew 133.4% and total debt rose 321.6%, each against the same quarter a year earlier.

9.84 0.26 −2.57%
Market cap
$2.9B
P/E
50.2×
Fwd P/E
—
Dividend yield
—
F-score
4/9
Altman Z
6.28
Beneish M
−3.62
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 25.17%

Capital & Financial Ratios $m

Market Cap 2,910.00
Revenue 62.13
Net Income 78.75
Free Cash Flow (37.57)
Net Debt (299.10)
Current Ratio 9.58 (at or above 1.5: strong)
Debt/Equity 1.47
P/E ratio 50.15 (above 35: high)
Fwd P/E —
P/S ratio 45.14 (above 10: high)
P/B ratio 7.04 (above 6: high)
Past 5Y EPS Growth —
This Y EPS Growth 218.20% (at or above 15%: strong)
Next Y EPS Growth 107.74% (at or above 15%: strong)
Next Y revenue growth —
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/B against its own 10 years 16.52%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 16 6 192 886
Receivables 2 3 4 12
Inventory 6 5 7 6
Other — — — —
27 15 205 909
2023 2024 2025 Q'26
Payables 23 21 24 40
ST’ Debt 25 16 20 42
Other — — 7 13
49 37 53 95

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue $m

Mar Jun Sep Dec Year
’26 19 31 — — —
’25 6 5 6 6 23
’24 6 6 5 4 21
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 7 16 — — —
’25 (3) (10) 8 (9) (14)
’24 (1) (3) (3) 1 (5)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (9) 5 — — —
’25 (8) (15) (18) (16) (57)
’24 (6) (10) (8) (8) (32)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.01) 0.44 — — —
’25 (0.09) (0.22) 0.09 (0.36) (0.56)
’24 (0.01) (0.01) (0.02) (0.02) (0.05)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 0.36 0.35 0.65 0.70 0.53 1.10 0.90 0.70 0.92 1.38

Analyst estimates 2026–2028

Powerpack
High 0.69 1.26 1.64 1.81 1.37 2.41 1.86 1.49 1.58 10.68
People
People Employees — — — — — — — 410 316 359
Revenue/emp, $m — — — — — — — 0.04 0.07 0.06
Income, $m
Income, $m Revenue — — — — — — — 17 21 23
Gross margin, % — — — — — — — 14.14 14.42 14.10
EBT — — — — — — — (6) (12) (116)
EBT margin, % — — — — — — — (38.96) (55.23) (496.53)
Net income — — — — — — — (7) (12) (116)
Depreciation — — — — — — — 1 1 1
Per share, $
Per share, $ Revenue — — — — — — — 0.07 0.08 0.11
Earnings — — — — — — — (0.03) (0.05) (0.56)
Cash flow — — — — — — — (0.04) (0.02) (0.07)
Capex — — — — — — — (0.06) (0.10) (0.21)
Free cash flow — — — — — — — (0.10) (0.13) (0.28)
Book value — — — — — — — 0.16 0.11 1.23
Shares, m — — — — — — — 227 254 208
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 0.00 0.00
P/S — — — — — — — 12.91 17.02 78.76
P/B — — — — — — — 5.99 12.56 7.16
EV/Sales — — — — — — — 17.71 22.23 75.49
EV/FCF — — — — — — — (13.66) (14.66) (30.69)
Cash, $m
Cash, $m Operating cash flow — — — — — — — (9) (5) (14)
Capex — — — — — — — (13) (26) (44)
Free cash flow — — — — — — — (22) (32) (57)
Balance, $m
Balance, $m Working capital — — — — — — — (23) (22) 153
Total debt — — — — — — — 96 115 116
Net debt — — — — — — — 80 110 (76)
Shareholders’ equity — — — — — — — 36 29 256
Returns, %
Returns, % ROA — — — — — — — 0.00 (6.58) (38.05)
ROIC — — — — — — — (2.35) (2.28) (7.26)
ROE — — — — — — — 0.00 (36.91) (81.43)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Almonty Industries Inc. vs peers in Other Industrial Metals & Mining (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MP MP Materials Corp. $7.4B — (loss-making) 1,057× +119.66% (above 0%: growing) n/m −638.46% (below 0%: shrinking) 42.66% (25.41%) Compare
MTRN Materion Corporation $5.3B 56.3× 37.8× +42.22% (above 0%: growing) +53.72% (above 0%: growing) +61.80% (above 0%: growing) 17.00% 8.42% Compare
USAR USA Rare Earth Inc. $4.2B — (loss-making) — (loss-making) — n/m −1,034.95% (below 0%: shrinking) (27.19%) (795.64%) Compare
SKE Skeena Resources Limited $4.0B — (loss-making) — — n/m −112.35% (below 0%: shrinking) 0.00% 0.00% Compare
ALM Almonty Industries Inc. $2.9B 50.2× — +497.16% (above 0%: growing) n/m +133.36% (above 0%: growing) 62.18% 37.51%
NEXA Nexa Resources S.A. $1.7B 6.0× 4.4× +28.16% (above 0%: growing) +5,100.00% (above 0%: growing) +28.53% (above 0%: growing) 28.32% 19.31% Compare
USAS Americas Gold and Silver Corporation $1.3B — (loss-making) — +72.05% (above 0%: growing) n/m −209.58% (below 0%: shrinking) 47.97% 10.95% Compare
TMC TMC the metals company Inc. $1.2B — (loss-making) — — n/m −87.95% (below 0%: shrinking) 0.00% 0.00% Compare
VZLA Vizsla Silver Corp. $1.2B — (loss-making) — — n/m +10.03% (above 0%: growing) 0.00% 0.00% Compare
Median of peers $2.8B — 37.8× +57.14% — −100.15% 8.50% 0.00%

All 46 Other Industrial Metals & Mining stocks →

Almonty Industries Inc. (ALM) key facts

  • Strength: Almonty Industries Inc.’s revenue for fiscal 2025 (year ended December 2025) was $23.3 million, up 10.6% from fiscal 2024.
  • Almonty Industries Inc. (ALM) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on Nasdaq.
  • As of October 16, 2026, ALM traded at $9.84, a market capitalization of $2.9 billion.
  • Return on equity was −81.4% and debt-to-equity 1.47.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 6.28 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Almonty Industries Inc. (ALM) Latest News

10 Sep

stockrow.com/ALM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com