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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 | -1.63% | -0.59% | -0.81% |
| 1-Month Return | -3.37% | -3.41% | -3.95% |
| 3-Month Return | -7.5% | 7.08% | 3.35% |
| 6-Month Return | -9.25% | 19.82% | 19.7% |
| 1-Year Return | -27.99% | 10.89% | 22.93% |
| 3-Year Return | 2.22% | 13.19% | 25.5% |
| 5-Year Return | 62.12% | 69.73% | 85.41% |
| 10-Year Return | 129.44% | 126.63% | 221.1% |
| 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 | 6.24 |
| Forward PE | 12.58 |
| P/S (TTM) | 1.90 |
| P/B | 2.48 |
| Price/FCF | NM |
| EV/R | 2.12 |
| EV/Ebitda | 5.39 |
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 …
The electric vehicle industry has had a difficult year. Valuations have tumbled as investors have begun to ask more questions about long-term pricing and competition within the industry. In particular, Tesla (NASDAQ: TSLA ) has shown the challenges in the industry right now; the longtime electric vehicle leader is having to cut prices and has seen profits slump amid more challenging economic conditions. As Chris Markoch recently pointed out, EV stocks are also under pressure as investors refocus on seemingly more promising opportunities in the AI space. With so much innovation going on in the tech landscape right now, EV companies have to earn their keep. These three EV stocks , however, can still deliver the goods for investors this year. Niu Technologies (NIU) Source: kaykhoon / Shutterstock.com Niu Technologies (NASDAQ: NIU ) designs, manufactures and sells electric motorcycles and scooters, primarily in China. In addition to its e-bikes and scooters, the company also sells a variety of spare parts, accessories, and branded apparel.
Beaten-down lithium prices aren’t sustainable. In fact, according to The Wall Street Journal , prices have fallen too much to cover the cost of supply needed for electric vehicles (EVs). All of which will eventually lead to a monster opportunity for lithium stocks to buy. “A recovery isn’t yet in sight, but one will have to come eventually. Lithium prices are now too low to justify a chunk of today’s ore extraction in Australia and China, let alone investment in new production necessary to feed expected growth in the EV market. That is setting up the conditions for a shortage and rally,” they added . We also have to consider that, “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,” as I noted on Jan. 21. All things considered, I’d start accumulating lithium stocks on the cheap now. As Sir John Templeton said : “People are always asking me where is the outlook good, but that’s the wrong question.
Crisis will turn into an opportunity for lithium stocks. That’s because supply issues are only temporary. And remember, 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.” Two, current lithium prices are not sustainable, as noted by Albemarle (NYSE: ALB ). In fact, according to the company, prices will need to rise “in order to trigger the supply investments needed to meet long-term demand growth,” as quoted by Mining.com. “Lithium suppliers around the world are reining in spending and, in some cases, production after demand for the key component in electric-vehicle batteries slowed just as new mines started up.” Three, we have to consider that some analysts forecast that “lithium supply is expected to enter a deficit relative to demand by 2025.” Eventually, all will contribute to higher lithium prices, just as we’ve seen with prior dips. That being said, investors may want to start loading up on beaten-down lithium stocks.
Lithium is a key component of electric vehicle (EV) batteries, which have surged in demand in the past few years, causing some of the best battery stocks to reach record highs in late 2022. Lithium carbonate prices have fallen more than 62% over the past twelve months, but prices seem to be back on the rise in 2024. According to Koyfin, lithium carbonate prices have risen nearly 20% on a year-to-date perspective. The upward price pressure is partially due to a strengthening market in China, and is benefiting certain favorite lithium stocks . Still, lithium stocks are trading at 12-month lows, meaning some of them are approaching an enticing price territory. Wall Street, in particular, has shown love to some of these lithium names. Below are three of Wall Street’s favorite lithium stocks. Ganfeng Lithium (GNENF) Source: T. Schneider / Shutterstock.com Ganfeng Lithium (OTCMKTS: GNENF ) is a China-based company that happens to be one of the world’s largest producers of lithium products. The Chinese lithium producer has established strategic partnerships with several battery and EV manufacturers, including LG Chem , Volkswagen (OTCMKTS: VWAGY ), BMW (OTCMKTS: BMWYY ) and Tesla (NASDAQ: TSLA ).
Sociedad Quimica y Minera de Chile SA ADR B (SQM) share price today is $44.79
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.
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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 11.42%
The market capitalization of Sociedad Quimica y Minera de Chile SA ADR B (SQM) is $6.40B
The stock symbol (or ticker) of Sociedad Quimica y Minera de Chile SA ADR B is SQM
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