Comparing Sigma Lithium (SGML) and Its Competitors

Sigma Lithium (NASDAQ:SGMLGet Rating) is one of 106 publicly-traded companies in the “Metal mining” industry, but how does it compare to its rivals? We will compare Sigma Lithium to similar businesses based on the strength of its valuation, earnings, dividends, institutional ownership, profitability, analyst recommendations and risk.

Analyst Ratings

This is a breakdown of current ratings and price targets for Sigma Lithium and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sigma Lithium 0 0 2 0 3.00
Sigma Lithium Competitors 653 2033 2663 83 2.40

Sigma Lithium currently has a consensus target price of $22.50, indicating a potential downside of 19.09%. As a group, “Metal mining” companies have a potential upside of 46.27%. Given Sigma Lithium’s rivals higher probable upside, analysts clearly believe Sigma Lithium has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

5.7% of Sigma Lithium shares are owned by institutional investors. Comparatively, 24.0% of shares of all “Metal mining” companies are owned by institutional investors. 11.5% of shares of all “Metal mining” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Valuation & Earnings

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

Gross Revenue Net Income Price/Earnings Ratio
Sigma Lithium N/A -$27.04 million -57.94
Sigma Lithium Competitors $8.11 billion $2.45 billion -8.30

Sigma Lithium’s rivals have higher revenue and earnings than Sigma Lithium. Sigma Lithium is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Sigma Lithium and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Sigma Lithium N/A -37.08% -35.00%
Sigma Lithium Competitors -875.28% 2.59% -1.11%

Summary

Sigma Lithium rivals beat Sigma Lithium on 9 of the 12 factors compared.

Sigma Lithium Company Profile

(Get Rating)

Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 27 mineral rights covering an area of approximately 191 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil. The company was formerly known as Sigma Lithium Resources Corporation and changed its name to Sigma Lithium Corporation in July 2021. Sigma Lithium Corporation is headquartered in São Paulo, Brazil.

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