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Comparing Sigma Lithium (SGML) and Its Peers

Defense World ·  Sep 16, 2022 02:21

Sigma Lithium (NASDAQ:SGML – Get Rating) is one of 107 public companies in the "Metal mining" industry, but how does it contrast to its competitors? We will compare Sigma Lithium to similar companies based on the strength of its dividends, analyst recommendations, valuation, earnings, risk, institutional ownership and profitability.

Institutional & Insider Ownership

5.7% of Sigma Lithium shares are owned by institutional investors. Comparatively, 23.9% of shares of all "Metal mining" companies are owned by institutional investors. 12.3% of shares of all "Metal mining" companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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Analyst Recommendations

This is a summary of current ratings and target prices for Sigma Lithium and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sigma Lithium 0 0 2 0 3.00
Sigma Lithium Competitors 658 2036 2666 83 2.40
Sigma Lithium currently has a consensus price target of $22.50, indicating a potential downside of 17.43%. As a group, "Metal mining" companies have a potential upside of 52.05%. Given Sigma Lithium's competitors higher possible upside, analysts plainly believe Sigma Lithium has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Sigma Lithium and its competitors revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Sigma Lithium N/A -$27.04 million -56.77
Sigma Lithium Competitors $8.11 billion $2.45 billion -8.11

Sigma Lithium's competitors have higher revenue and earnings than Sigma Lithium. Sigma Lithium is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Sigma Lithium and its competitors' net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Sigma Lithium N/A -37.08% -35.00%
Sigma Lithium Competitors -875.28% 2.59% -1.11%

Summary

Sigma Lithium competitors beat Sigma Lithium on 9 of the 12 factors compared.

About Sigma Lithium

(Get Rating)

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 27 mineral rights covering an area of approximately 191 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil. The company was formerly known as Sigma Lithium Resources Corporation and changed its name to Sigma Lithium Corporation in July 2021. Sigma Lithium Corporation is headquartered in São Paulo, Brazil.

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