Standard Lithium Ltd. (SLI.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

-62.7%

CA$0.72

vs CA$1.94 price

Levered DCF

CA$0.74

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

10.39

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-26.39×	-6.5×	2.12×	2.12×	-24×	-32.35×	-46.27×	-9.09×
P/B	3.54×	1.68×	0.91×	1.96×	5.73×	11.95×	8.64×	1.95×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-21.78×	-6.36×	1.41×	-5.62×	-18.34×	-32.23×	-41.32×	-18.14×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	15.63×	5.77×	3.3×	4.68×	9.15×	4.19×	11.78×	0.63×
Debt / equity	0×	0×	0×	0.01×	0×	0.01×	0.07×	0.11×
Interest coverage	829.97×	-432.68×	540.66×	-987.17×	-868.79×	-1,386.32×	-58.46×	-186.31×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-13.7%	-24.7%	42.6%	92.6%	-21.6%	-53.3%	-35.6%	-20.9%
Return on invested capital	6.8%	-8.5%	9.8%	-22.8%	-23.9%	-36.3%	-12.2%	-16.8%
Return on assets	-12.5%	-21.7%	36.8%	85.0%	-20.8%	-51.4%	-34.3%	-16.5%
Free cash flow yield	-1.0%	-3.0%	-22.4%	-15.9%	-7.8%	-3.2%	-3.1%	-21.8%
Earnings yield	-3.9%	-14.6%	47.0%	47.2%	-3.8%	-4.5%	-4.1%	-10.7%
Enterprise value	CA$1.1B	CA$352.4M	CA$256M	CA$253.8M	CA$882.9M	CA$827.4M	CA$595.2M	CA$89.6M
Net debt / EBITDA	3.01×	0.56×	-0.29×	1.29×	2.67×	1.08×	1.6×	-0.16×
Cash conversion cycle (days)	0	-1,747	-2,699	-295	-148	-63	-195	-16,806