PLS 3.17% $3.05 pilbara minerals limited

I don't just think.PLS has a P/E of over 30 with an annual...

  1. 122 Posts.
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    I don't just think.

    PLS has a P/E of over 30 with an annual profit growth of NEGATIVE 89%.

    Its peers have P/E less than a third of PLS with more integrated and diversified operations and far more growth already under construction. How is PLS a sensible buy? There are over 20% short here for a reason and it's not because the stock price has been rising.

    LTM/ALTM has a market cap less than half this with higher quarterly revenue, much higher quarterly net profit, and a P/E around 5 with over 100ktp/a LCE capacity under construction. ALB and SQM both have quarterly revenues SIGNIFICANTLY more than PLS's annual revenue with not much higher market caps. There is not a single financial metric under which PLS is a compelling investment. NOT ONE!


 
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