Albemarle Corporation (ALB) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-229.9%

-$118.94

vs $91.54 price

Levered DCF

-$70.70

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.27

Grey zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-24.6×	-7.69×	10.77×	9.44×	218.48×	41.79×	14.52×	12.04×
P/B	1.75×	1.02×	1.8×	3.18×	4.81×	3.68×	1.97×	2.33×
P/S	3.24×	1.88×	1.76×	3.47×	8.14×	5.02×	2.16×	2.48×
EV / EBITDA	32.84×	-42.63×	7.68×	7.5×	53.52×	24.6×	11.47×	10.28×
Gross margin	13.1%	1.1%	12.5%	42.2%	30.3%	31.8%	35.1%	36.2%
Operating margin	1.8%	-11.8%	2.5%	34.2%	16.0%	16.8%	19.1%	21.5%
Net margin	-9.9%	-21.9%	16.4%	36.7%	3.7%	12.0%	14.9%	20.6%
Current ratio	2.23×	1.95×	1.47×	1.89×	1.06×	1.22×	1.58×	1.69×
Debt / equity	0.35×	0.36×	0.45×	0.42×	0.45×	0.86×	0.81×	0.48×
Interest coverage	0.45×	-3.84×	2.08×	20.34×	8.66×	7.19×	11.88×	13.82×
Dividend yield	2.1%	3.1%	1.1%	0.7%	0.7%	1.0%	2.0%	1.7%
Payout ratio	-70.0%	-26.4%	11.9%	6.9%	143.8%	43.1%	28.5%	20.8%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-5.4%	-11.8%	16.7%	33.7%	2.2%	8.8%	13.6%	19.3%
Return on invested capital	0.6%	-4.2%	1.3%	17.3%	4.9%	5.0%	6.9%	9.0%
Return on assets	-3.1%	-7.1%	8.6%	17.4%	1.1%	3.6%	5.4%	9.1%
Free cash flow yield	4.2%	-9.8%	-4.9%	2.5%	-2.3%	-0.3%	-1.7%	-1.8%
Earnings yield	-3.1%	-11.7%	9.3%	10.6%	0.5%	2.4%	6.9%	8.3%
Enterprise value	$18.3B	$12.5B	$20.3B	$27.2B	$29.2B	$18.6B	$10.3B	$9.5B
Net debt / EBITDA	3.01×	-8.24×	1.28×	0.5×	3.82×	3.88×	2.86×	1.24×
Cash conversion cycle (days)	76	111	73	74	100	108	107	106