Lithium Ionic Corp. (LTH.V) 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

-71.2%

CA$0.11

vs CA$0.37 price

Levered DCF

CA$0.10

After debt service

Piotroski score

1 / 9

Weak

Altman Z-score

-2.95

Distress zone

Rating

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
P/E	-44.26×	-4.16×	-3.5×	-4.91×	-100.23×
P/B	9.04×	-38.71×	27.4×	4.97×	11.4×
P/S	0×	0×	0×	0×	0×
EV / EBITDA	-43.86×	-3.3×	-3.35×	-6.1×	0×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	4.42×	4.28×	2.51×	15.33×	8.28×
Debt / equity	0.01×	-0.07×	0.06×	0.01×	0×
Interest coverage	-54.71×	-214.58×	-1,835.55×	-3,991.5×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	-20.4%	955.1%	-786.5%	-101.0%	-11.3%
Return on invested capital	-24.0%	-106.7%	-732.3%	-69.3%	-11.3%
Return on assets	-7.5%	-89.3%	-487.3%	-94.0%	-9.9%
Free cash flow yield	-6.4%	-21.5%	-20.3%	-16.2%	0.2%
Earnings yield	-2.3%	-24.7%	-28.7%	-20.3%	-1.0%
Enterprise value	CA$155.8M	CA$94.8M	CA$213.4M	CA$130.6M	CA$70.8M
Net debt / EBITDA	4.89×	0.82×	0.17×	0.99×	0×
Cash conversion cycle (days)	0	-5,760	-5,140	-8,353	0