Altech Batteries - Stock

Altech Batteries Market capitalization 2024

Altech Batteries Market capitalization

55.9 M AUD

Ticker

ATC.AX

ISIN

AU000000ATC9

WKN

A12E90

In 2024, Altech Batteries's market cap stood at 55.9 M AUD, a -32.9% increase from the 83.3 M AUD market cap in the previous year.

The Altech Batteries Market capitalization history

YEARREVENUE (undefined AUD)GROSS MARGIN (%)NET INCOME (undefined AUD)
2023275.657,62-59.72
2022468.664,48-5.73
2021117.620,852.33
202018.05116,34-3.52
2019103.5620,28-6.19
201887.0724,12-4.57
201780.8725,97-3.79
201621.5897,31-1.23
201537.2756,35-1.39
2014---3.62
20137202,92-1.36
20126903,04-0.76
20114005,25-0.92
201021010,00-0.61
2009---

Altech Batteries Aktienanalyse

What does Altech Batteries do?

Altech Chemicals Ltd is an Australian company specializing in the production and marketing of high-purity aluminium oxide (HPA). It was founded in 2007 by Iggy Tan and is headquartered in Perth. The company's history began with the idea of developing a new innovative process for HPA production. It utilized a process called "aluminothermy," where aluminium powder and aluminium hydroxide are mixed in a special reactor and cured through controlled combustion. This results in pure aluminium oxide, used in various applications in the electronics, automotive, aerospace industries, as well as in LED lamp production and ceramics manufacturing. Altech Chemicals has been listed on the stock exchange since 2014 and has performed multiple capital raisings to finance its growth strategy. Leading institutional investors and funds are among its shareholders. The business model relies on the production and processing of high-purity aluminium oxide. The company has a vertically integrated value chain, covering the entire process from raw material extraction to refining and marketing the end product. It operates its own bauxite mine in Meckering, Western Australia, where the raw material for HPA production is obtained. The HPA production itself takes place in a factory in Johor Bahru, Malaysia, with a capacity of 4,500 tons per year. The company is divided into several divisions, specializing in the distribution of HPA products for various applications. The main sectors include electronics, automotive, aerospace, and lighting industries. Altech Chemicals has earned a reputation as a reliable supplier for the electronics industry by producing high-purity aluminium oxide for applications with the most stringent quality requirements. The products of Altech Chemicals include high-purity aluminium oxide for optoelectronic applications such as LED lamps, ceramic components for the same applications, as well as for the automotive, aerospace, and lithium nickel cobalt manganese oxide industries. The latter is a crucial component in lithium-ion batteries used in electric vehicles and energy storage applications. In recent years, Altech Chemicals has also developed innovative applications for its HPA products. The company works closely with customers and partners to develop and produce tailored solutions for specific applications. For example, Altech Chemicals has developed a product for use in GaN-LED manufacturing that reduces costs and shortens production time. The company intends to continue investing in research and development to explore new applications for its products and strengthen its competitiveness. In summary, Altech Chemicals Ltd is a dynamic and innovative company specializing in the production and marketing of high-purity aluminium oxide. It has a vertically integrated value chain and the capability to manufacture highly precise products for various applications. Altech Chemicals also plans to continue investing in research and development to deliver customized solutions to meet customer requirements and drive its growth strategy. Altech Batteries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Altech Batteries's Market Capitalization

Altech Batteries's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Altech Batteries's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Altech Batteries's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Altech Batteries’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Altech Batteries Stock

What is the current Altech Batteries market capitalization?

The current market capitalization of Altech Batteries is 55.9 M AUD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Altech Batteries.

How has the market capitalization of Altech Batteries developed in recent years?

The market capitalization of Altech Batteries has increased/decreased by -32.9% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Altech Batteries?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Altech Batteries?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Altech Batteries have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Altech Batteries pay?

Over the past 12 months, Altech Batteries paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Altech Batteries is expected to pay a dividend of 0 AUD.

What is the dividend yield of Altech Batteries?

The current dividend yield of Altech Batteries is .

When does Altech Batteries pay dividends?

Altech Batteries pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Altech Batteries?

Altech Batteries paid dividends every year for the past 0 years.

What is the dividend of Altech Batteries?

For the upcoming 12 months, dividends amounting to 0 AUD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Altech Batteries located?

Altech Batteries is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Altech Batteries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Altech Batteries from 7/3/2024 amounting to 0 AUD, you needed to have the stock in your portfolio before the ex-date on 7/3/2024.

When did Altech Batteries pay the last dividend?

The last dividend was paid out on 7/3/2024.

What was the dividend of Altech Batteries in the year 2023?

In the year 2023, Altech Batteries distributed 0 AUD as dividends.

In which currency does Altech Batteries pay out the dividend?

The dividends of Altech Batteries are distributed in AUD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Altech Batteries

Our stock analysis for Altech Batteries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Altech Batteries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.