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Altech Chemicals Limited (AU:ATC)
ASX:ATC
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Altech Chemicals Limited (ATC) AI Stock Analysis

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AU:ATC

Altech Chemicals Limited

(Sydney:ATC)

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Rating:47Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Upgraded
Date:05/14/26
The overall score of 47 reflects significant financial challenges and bearish technicals, offset slightly by an oversold condition. The company's persistent losses and cash burn pose substantial risk, while valuation offers no margin of safety.
Positive Factors
Moderate leverage
A debt-to-equity ratio of ~0.42 implies moderate leverage, lowering fixed interest burden and preserving borrowing capacity. For a development-stage HPA project this structural balance improves financial flexibility to pursue project financing or capital raises without excessive interest stress over the next 2–6 months.
Negative Factors
Severe revenue and profitability decline
A ~73% revenue decline and a deeply negative net margin (-142%) reflect weak commercial traction or one-off write‑downs and persistent operating losses. These structural income statement failures increase the probability of further capital raises, impair long-term investor returns, and constrain ability to fund project milestones without dilution.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate leverage
A debt-to-equity ratio of ~0.42 implies moderate leverage, lowering fixed interest burden and preserving borrowing capacity. For a development-stage HPA project this structural balance improves financial flexibility to pursue project financing or capital raises without excessive interest stress over the next 2–6 months.
Read all positive factors

Altech Chemicals Limited (ATC) vs. iShares MSCI Australia ETF (EWA)

Altech Chemicals Limited Business Overview & Revenue Model

Company Description
Altech Chemicals Limited is engaged in the production of high-purity alumina, a substance vital for manufacturing synthetic sapphire. The company holds a 100% ownership stake in a significant kaolin deposit located in Meckering, Western Australia....
How the Company Makes Money
ATC’s business model, as publicly described, has been primarily project-development focused rather than a mature, recurring-operating-revenue model. The company’s potential future revenue would be expected to come from selling high-purity alumina ...

Altech Chemicals Limited Financial Statement Overview

Summary
Financial health is weak with steep revenue decline, persistent losses, and negative cash flows. Balance sheet shows moderate leverage but eroding equity. Gross margin improvement is a positive, but overall challenges remain.
Income Statement
15
Very Negative
Balance Sheet
25
Negative
Cash Flow
20
Very Negative
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue-142.27K82.22K88.45K20.81K0.00696.00
Gross Profit-1.70M82.22K-311.25K-326.96K-328.89K-229.93K
EBITDA-9.23M-12.82M-32.45M-61.69M-5.65M2.76M
Net Income-10.86M-11.72M-28.06M-59.72M-5.73M2.33M
Balance Sheet
Total Assets33.86M36.89M38.10M44.88M98.39M89.77M
Cash, Cash Equivalents and Short-Term Investments2.40M448.23K2.12M3.57M10.91M6.73M
Total Debt3.57M12.94M9.45M4.28M89.93K84.23K
Total Liabilities8.22M16.45M15.47M11.00M850.53K840.48K
Stockholders Equity29.60M30.92M28.98M35.99M97.61M88.93M
Cash Flow
Free Cash Flow-15.59M-15.93M-27.67M-15.49M-7.44M-8.91M
Operating Cash Flow-9.88M-7.65M-11.41M-8.28M-4.82M-3.70M
Investing Cash Flow-4.07M-8.28M-13.66M-2.15M-4.33M-6.79M
Financing Cash Flow9.18M14.26M23.63M3.08M13.35M16.38M

Altech Chemicals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
49
Neutral
AU$49.50M-7.50-88.71%59.14%8.54%
47
Neutral
AU$5.34M-0.15-35.91%59.65%
47
Neutral
AU$20.65M-5.99-10.76%28.50%
45
Neutral
AU$92.41M-13.39-47.73%55.67%
45
Neutral
AU$28.85M-16.67-11.53%37.50%
33
Underperform
AU$22.47M-0.67-104.93%-100.00%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ATC
Altech Chemicals Limited
0.01
-0.03
-75.00%
AU:FGR
First Graphene Ltd
0.06
0.01
33.33%
AU:HZR
Hazer Group Ltd.
0.34
-0.02
-5.56%
AU:VRC
Volt Resources Ltd
0.01
0.00
0.00%
AU:GRE
Greentech Metals Ltd.
0.06
>-0.01
-11.59%
AU:SGA
Sarytogan Graphite Limited
0.08
<0.01
2.50%

Altech Chemicals Limited Corporate Events

Altech pivots to CERENERGY as German grant deadline extended and Silumina project shut down
Jul 30, 2026
Altech Chemicals&#8217; German subsidiary Altech Batteries GmbH has secured an extension from the German Federal Ministry for Economic Affairs and Energy to achieve full financial close for its CERENERGY&#174; battery project, pushing the deadline...
Altech Batteries Options Lapse, Simplifying Capital Structure
Jul 27, 2026
Altech Batteries Ltd has reported the cessation of 28,261,262 listed options expiring on 30 April 2026 with an exercise price of $0.08. The options lapsed after the conditional rights attached to them were not satisfied or became incapable of bein...
Altech Batteries Sees Lapse of 43 Million Performance Rights
Jul 1, 2026
Altech Batteries has reported the lapse of 43,150,000 performance rights after the conditions attached to these securities were not met or became incapable of being satisfied by 30 June 2026. The cessation of these conditional rights effectively r...
Altech Batteries Relocates Registered Office to New West Perth Address
May 4, 2026
Altech Batteries Limited has updated investors that it has changed its registered office and principal place of business to new premises at Prowse Street in West Perth, Western Australia. The move, which does not affect the company&#8217;s existin...
Altech Batteries Updates Market on Expiry of Unlisted Options and Current Capital Structure
May 4, 2026
Altech Batteries Limited has confirmed that 28,261,262 unlisted options with an exercise price of $0.08, which were due to expire on 30 April 2026, have now lapsed. Following this expiry, the company&#8217;s capital structure comprises 2,669,056,3...
Altech Batteries lodges application to quote new ordinary shares on ASX
May 4, 2026
Altech Batteries Ltd has applied for quotation on the ASX of 15,384 new fully paid ordinary shares, to be issued on 29 April 2026. The modest share issuance stems from the exercise or conversion of existing options or other convertible securities,...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 14, 2026