Piedmont Lithium (NASDAQ: PLL) is one of 26 publicly-traded companies in the “Mining & quarrying of nonmetallic minerals, except fuels” industry, but how does it compare to its competitors? We will compare Piedmont Lithium to similar companies based on the strength of its risk, profitability, valuation, dividends, institutional ownership, earnings and analyst recommendations.

Institutional and Insider Ownership

0.1% of Piedmont Lithium shares are held by institutional investors. Comparatively, 50.4% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are held by institutional investors. 15.5% of shares of all “Mining & quarrying of nonmetallic minerals, except fuels” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Piedmont Lithium and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Piedmont Lithium N/A -$9.95 million -5.42
Piedmont Lithium Competitors $1.80 billion $230.45 million 20.13

Piedmont Lithium’s competitors have higher revenue and earnings than Piedmont Lithium. Piedmont 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.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Piedmont Lithium and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Piedmont Lithium 0 0 0 0 N/A
Piedmont Lithium Competitors 309 960 1079 36 2.35

As a group, “Mining & quarrying of nonmetallic minerals, except fuels” companies have a potential upside of 7.98%. Given Piedmont Lithium’s competitors higher possible upside, analysts clearly believe Piedmont Lithium has less favorable growth aspects than its competitors.

Volatility and Risk

Piedmont Lithium has a beta of 1.67, suggesting that its stock price is 67% more volatile than the S&P 500. Comparatively, Piedmont Lithium’s competitors have a beta of 1.13, suggesting that their average stock price is 13% more volatile than the S&P 500.

Profitability

This table compares Piedmont Lithium and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Piedmont Lithium N/A N/A N/A
Piedmont Lithium Competitors 14.09% 8.00% 14.31%

Summary

Piedmont Lithium competitors beat Piedmont Lithium on 9 of the 10 factors compared.

Piedmont Lithium Company Profile

Piedmont Lithium Limited engages in the exploration and development of mineral properties in the United States. It primarily holds a 100% interest in the Piedmont lithium project covering a landholding of 1,092 acres in the Carolina Lithium Belt, North Carolina. The company was formerly known as WCP Resources Limited and changed its name to Piedmont Lithium Limited in August 2017. Piedmont Lithium Limited is based in Perth, Australia.

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