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Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine derivatives, lithium derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, pharmaceutical synthesis, electronics, pigments, and dye components. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives, as well as ingredient in manufacturing of gunpowder. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. Additionally, it offers potassium chloride and potassium sulfate for various crops, including corn, rice, sugar, soybean, and wheat; industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts; and other fertilizers and blends. The company operates in Chile, Latin America and the Caribbean, Europe, North America, Asia, and internationally. The company was founded in 1960 and is headquartered in Santiago, Chile. more
| Time Frame | SQM | Sector | S&P500 |
|---|---|---|---|
| 1-Week Return | 3.43% | 3.5% | 2.41% |
| 1-Month Return | -6.34% | -1.43% | -0.39% |
| 3-Month Return | 20.03% | 10.73% | 3.53% |
| 6-Month Return | 3.18% | 21.24% | 20.14% |
| 1-Year Return | -25.77% | 18.98% | 27.84% |
| 3-Year Return | 6.54% | 11.47% | 29.57% |
| 5-Year Return | 82.4% | 87.03% | 96.12% |
| 10-Year Return | 160.05% | 135.29% | 231.45% |
| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
|---|---|---|---|---|---|---|
| Total Revenue | 1.94B | 1.82B | 2.86B | 10.71B | 7.47B | [{"date":"2019-12-31","value":18.15,"profit":true},{"date":"2020-12-31","value":16.97,"profit":true},{"date":"2021-12-31","value":26.72,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":69.72,"profit":true}] |
| Cost of Revenue | 1.38B | 1.33B | 1.77B | 4.97B | 4.39B | [{"date":"2019-12-31","value":27.82,"profit":true},{"date":"2020-12-31","value":26.83,"profit":true},{"date":"2021-12-31","value":35.63,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":88.34,"profit":true}] |
| Gross Profit | 560.05M | 482.87M | 1.09B | 5.74B | 3.07B | [{"date":"2019-12-31","value":9.76,"profit":true},{"date":"2020-12-31","value":8.42,"profit":true},{"date":"2021-12-31","value":19,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":53.58,"profit":true}] |
| Gross Margin | 28.81% | 26.57% | 38.08% | 53.56% | 41.16% | [{"date":"2019-12-31","value":53.8,"profit":true},{"date":"2020-12-31","value":49.61,"profit":true},{"date":"2021-12-31","value":71.11,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":76.85,"profit":true}] |
| Operating Expenses | 124.85M | 179.88M | 166.88M | 192.81M | 181.44M | [{"date":"2019-12-31","value":64.75,"profit":true},{"date":"2020-12-31","value":93.29,"profit":true},{"date":"2021-12-31","value":86.55,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":94.1,"profit":true}] |
| Operating Income | 433.65M | 302.50M | 927.29M | 5.53B | 2.89B | [{"date":"2019-12-31","value":7.84,"profit":true},{"date":"2020-12-31","value":5.47,"profit":true},{"date":"2021-12-31","value":16.76,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":52.29,"profit":true}] |
| Total Non-Operating Income/Expense | (93.68M) | (135.40M) | (164.77M) | (90.76M) | (101.32M) | [{"date":"2019-12-31","value":-9368300000,"profit":false},{"date":"2020-12-31","value":-13539800000,"profit":false},{"date":"2021-12-31","value":-16476600000,"profit":false},{"date":"2022-12-31","value":-9075900000,"profit":false},{"date":"2023-12-31","value":-10132400000,"profit":false}] |
| Pre-Tax Income | 390.62M | 238.54M | 841.22M | 5.49B | 2.81B | [{"date":"2019-12-31","value":7.12,"profit":true},{"date":"2020-12-31","value":4.35,"profit":true},{"date":"2021-12-31","value":15.33,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":51.15,"profit":true}] |
| Income Taxes | 110.02M | 70.18M | 249.02M | 1.57B | 787.27M | [{"date":"2019-12-31","value":7,"profit":true},{"date":"2020-12-31","value":4.46,"profit":true},{"date":"2021-12-31","value":15.84,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":50.07,"profit":true}] |
| Income After Taxes | 280.60M | 168.36M | 592.21M | 3.91B | 2.02B | [{"date":"2019-12-31","value":7.17,"profit":true},{"date":"2020-12-31","value":4.3,"profit":true},{"date":"2021-12-31","value":15.13,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":51.58,"profit":true}] |
| Income From Continuous Operations | 280.60M | 168.36M | 592.21M | 3.91B | 2.02B | [{"date":"2019-12-31","value":7.17,"profit":true},{"date":"2020-12-31","value":4.3,"profit":true},{"date":"2021-12-31","value":15.13,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":51.6,"profit":true}] |
| Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
| Net Income | 278.12M | 164.52M | 585.45M | 3.91B | 2.01B | [{"date":"2019-12-31","value":7.12,"profit":true},{"date":"2020-12-31","value":4.21,"profit":true},{"date":"2021-12-31","value":14.99,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":51.52,"profit":true}] |
| EPS (Diluted) | 1.06 | 0.62 | 2.07 | 13.68 | 7.05 | [{"date":"2019-12-31","value":7.75,"profit":true},{"date":"2020-12-31","value":4.53,"profit":true},{"date":"2021-12-31","value":15.13,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":51.54,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
| SQM | |
|---|---|
| Cash Ratio | 1.01 |
| Current Ratio | 2.50 |
| Quick Ratio | 1.74 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| SQM | |
|---|---|
| ROA (LTM) | 16.07% |
| ROE (LTM) | 38.47% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| SQM | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.52 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.47 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| SQM | |
|---|---|
| Trailing PE | 6.77 |
| Forward PE | 12.58 |
| P/S (TTM) | 1.90 |
| P/B | 2.48 |
| Price/FCF | NM |
| EV/R | 2.12 |
| EV/Ebitda | 5.39 |
The Andover project. Image: Azure Minerals. Lithium upstart Azure Minerals has been officially acquired by joint bidders Sociedad Química y Minera de Chile S.A. (SQM) and … Australian Mining .
With the fallout in the electric vehicle sector, talking about the best lithium stocks to buy might seem premature. Nevertheless, lithium is more than just EVs. To be sure, the EV sector represents a major consumer of the critical metal. However, myriad other industries also utilize the commodity. They include consumer electronics, medical devices, aerospace and industrial applications, to name but a few. So, over the long run, lithium should make a recovery. Factor in the possible recovery of the EV ecosystem down the line along with geopolitical considerations and the sector becomes even more enticing, especially at these levels. With that, below are a few lithium stocks to buy. Albemarle (ALB) Source: IgorGolovniov/Shutterstock.com Headquartered in Charlotte, North Carolina, Albemarle (NYSE: ALB ) develops, manufactures and markets engineered specialty chemicals worldwide. It’s one of the top lithium stocks to buy, although it must be said that it’s seen better days. Since the start of the year, ALB lost almost 13% of equity value.
Investors should keep an eye out for lithium stocks to buy, as they could be poised to rise in the near term. Lithium is used to make batteries for electric vehicles and consumer electronics. The public companies that mine the rare earth mineral have hit major lows over the past 12 months. Oversupply in the broader lithium market as well as waning demand for electric vehicles led to plummeting prices for the rare earth mineral. Looking at movements in lithium carbonate prices in 2024, things seem to be changing. According to Koyfin, lithium carbonates prices have risen more than 14% YTD, indicating oversupply issues are likely coming to an end. However, stock market volatility remains. Elevated interest rates and sticky inflation will likely send jolts through U.S. equities. If a stock market crash ensues, these are the three lithium stocks to buy. Albemarle (ALB) Source: IgorGolovniov/Shutterstock.com Albemarle (NYSE: ALB ) continues to be a major player in the lithium carbonate mining space.
Lithium prices may finally be bottoming out, creating substantial opportunity for some of the world’s top lithium stocks to buy. For one, Bank of America analyst Steven Byrne sees lithium prices averaging about $14,000 per metric ton, as noted by Barron’s . That’s up from a previous estimate for $10,000. For 2025, he says prices could reach $16,300 from prior estimates for $15,500. Two, should we see a stronger green energy boom, and a global recovery in electric vehicle sales, lithium prices should explode even higher. Three, analysts at Fastmarkets say demand for lithium in the U.S. could grow by 487% to 412,000 tonnes by the time 2030 rolls around. Should that happen, a shortage of supply coupled with explosive demand will lead to another massive spike in lithium. In addition, according to the United Nation’s Conference on Trade and Development, demand for metals, such as lithium are “on track” to outpace production through 2050. The UN group also noted that “Lithium tops the list, with expected demand in 2045 more than tripling the likely supply in that year of nearly 1,400 metric tons.” That being said, investors may want to take advantage of the fear in lithium stocks to buy, such as: Albemarle (ALB) Source: IgorGolovniov/Shutterstock.com Albemarle (NYSE: ALB ) missed first quarter profit estimate with its latest earnings.
Lithium prices may be bottoming out, creating a big opportunity for some of the top lithium stocks to buy now. For one, analysts at UBS and Goldman Sachs just cut their 2024 supply estimates by 33% and 26%, respectively, says Mining.com. Meanwhile, Morgan Stanley just warned about lower inventories in China. In addition, “Double-digit capacity has already been taken out of the lithium market and that usually is a sign that the commodity price is bottoming,” added Jun Bei Liu, a hedge fund manager at Tribeca Investment Partners, as quoted by Bloomerg . Bank of America analysts also say lithium prices could average about $14,000 per metric ton this year. That’s up nicely from a prior call for $10,000 a ton. And, as I noted on Jan. 21, “With some lithium mines shutting down or reducing production we could see less supply . This could help stabilize prices and send lithium prices higher with demand.” That being said, it’s time to buy the blood in the streets with top lithium stocks to buy now.
Commodity prices have been rising faster than stock prices recently, offering potential opportunities for commodities stocks to buy. Commodities are normally used to hedge against inflation , and higher prices can bring profits for miners and producers. Normally, commodity prices reflect the dollar’s relative value as its purchasing power diminishes due to inflation. However, with a stronger dollar currently, picking which commodities stocks to buy becomes more complex . Crude oil prices have increased due to geopolitical tensions in the Middle East. A drought in Africa has impacted cocoa prices. Increased demand for copper has accompanied the transition to cleaner energy sources. Central banks are accumulating gold due to fears of resurgent inflation. Although rising commodity prices could present opportunities, economists are concerned that the rising costs may become a self-fulfilling prophecy. This could get businesses to raise prices and generate the inflation investors seek to hedge against.
Crisis will lead to opportunity for lithium stocks . For one, the blood is flowing in the streets with many of the top lithium names. Two, some analysts now believe lithium prices may have bottomed out. As noted by Bank of America analyst Steve Byrne, “2023 marked a huge drop in lithium prices, as the market flipped from the 2022 deficit into surplus. Inventory levels in China for lithium carbonate were elevated in February but started to trend down in March [and pricing] started to show some strength. While EV sales growth has slowed, it is still 20% for the next few years, and thus we expect the global lithium market to tighten near-term,” as quoted by Barron’s . The analyst also believes lithium prices could average about $14,000 per metric ton this year. That’s up nicely from a prior call for $10,000 a ton. That being said, investors may want to start buying beaten-down lithium stocks again now. Some of the top lithium stocks you may want to start accumulating include: Albemarle (ALB) Source: IgorGolovniov/Shutterstock.com Since bottoming out at around $110, Albemarle (NYSE: ALB ) is now up to $127.02.
Lithium carbonate, the rare earth mineral needed to make lithium-ion batteries that power everything from electric vehicles to smartphones, had seen quite some price pressure since interest rates became elevated towards the end of 2022. Looking at lithium prices today, the story is a bit different. While lithium carbonate prices have fallen more than 48% over the past twelve months, they have experienced an uptick since the beginning of the year, increasing more than 16% on a year-to-date perspective. This is great news for the top lithium stocks to buy. Given how the market has hammered lithium stocks lately, there are bound to be investing opportunities in the space. Here are the three lithium stocks to consider if you can only buy one. Lithium Americas (LAC) Source: Wirestock Creators / Shutterstock.com Lithium Americas (NYSE: LAC ) is a lithium company that primarily mines lithium out of the Thacker Pass project in Nevada, the largest lithium deposit in the U.S. The Thacker project already has tremendous potential, with 16.1 million tons of battery-grade lithium carbonate equivalent (LCE) available for extraction.
Sociedad Química y Minera de Chile S.A. (NYSE:SQM), which produces lithium, fertilizer, and chemical products (and also pays large dividends), has …
Sociedad Quimica y Minera de Chile SA ADR B (SQM) share price today is $48.3
Yes, Indians can buy shares of Sociedad Quimica y Minera de Chile SA ADR B (SQM) on Vested. To buy Sociedad Quimica y Minera de Chile SA ADR B from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in SQM stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of Sociedad Quimica y Minera de Chile SA ADR B (SQM) via the Vested app. You can start investing in Sociedad Quimica y Minera de Chile SA ADR B (SQM) with a minimum investment of $1.
You can invest in shares of Sociedad Quimica y Minera de Chile SA ADR B (SQM) via Vested in three simple steps:
The 52-week high price of Sociedad Quimica y Minera de Chile SA ADR B (SQM) is $78.86. The 52-week low price of Sociedad Quimica y Minera de Chile SA ADR B (SQM) is $38.5.
The price-to-earnings (P/E) ratio of Sociedad Quimica y Minera de Chile SA ADR B (SQM) is
The price-to-book (P/B) ratio of Sociedad Quimica y Minera de Chile SA ADR B (SQM) is 2.48
The dividend yield of Sociedad Quimica y Minera de Chile SA ADR B (SQM) is 10.53%
The market capitalization of Sociedad Quimica y Minera de Chile SA ADR B (SQM) is $7.05B
The stock symbol (or ticker) of Sociedad Quimica y Minera de Chile SA ADR B is SQM
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