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← CockpitCompetitor Analysis › ELV.AX Elevra Lithium LimitedOpen in the cockpit ↗

Elevra Lithium LimitedELV.AXCompetitor analysis, valuation and peers

Australia · AUD·Materials›Other Metals/Minerals
Momentum laggard 1
Mkt cap
$445M
US dollars, full cap
Free float
91%
of shares outstanding
$/day
$7.86M
20-day average traded
P/B
0.61×
price to book
ROE
9.4%
delivered
Implied ROE
13.1%
what the price asks
Next earnings
117 days
3 Mar 2027
Close · AUDA$3.34
1D-6.4%
1W+4.7%
1M-33.1%
3M-60.8%
6M-73.7%
YTD-58.5%
1Y-12.8%
ATR %9.3%
52w lowhigh76.2% off high

What Elevra Lithium does

Employees: 246

Elevra Lithium at a glance

Size Elevra Lithium (ELV.AX) is an Australia Materials company (Other Metals/Minerals) with a market value of $445M, the 273rd largest of 316 Australia companies the cockpit tracks. Shares closed at A$3.34 on 6 Nov 2026.

Performance Over six months the shares fell 73.7%, against -37.3% for the median peer and +4.1% for the Australia market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue fell 8.1% over the last twelve months (peer median +20.6%); the operating margin is -34.2% (peer median 8.9%).

Valuation It trades at 0.61× book value against a peer median of 1.77× (2nd cheapest of 21).

Price implies The share price implies a return on equity of about 13.1%; Elevra Lithium delivers 9.4%, so the price asks more than the business earns today.

Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 64ELV.AX 28
Six months, rebased to 100: Elevra Lithium against the median of its 20 peers (local-currency closes).

Elevra Lithium financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$212MA$211MA$230MA$255MA$0
Revenue growth—-8%-10%——
Gross profit-A$79.6M-A$81.0M-A$95.5M-A$14.0M-A$6.16M
EBITDA-A$38.3M-A$39.5M-A$59.8MA$7.87M-A$10.0M
Net incomeA$68.8MA$63.6M-A$294M-A$101M-A$11.0M
Free cash flow-A$96.3M-A$99.8M-A$34.5M-A$165M-A$194M
Capital expenditureA$34.9MA$36.2MA$51.2MA$129MA$193M
Total debtn/aA$113MA$77.6MA$30.6MA$31.2M

Quarterly statements and history in the cockpit →

Elevra Lithium competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-30%-20%-10%0%IPI3833300056001396PMET001296CAML9936NICULXFRALOYMOILG6MNBUAMYASHAPURMINECORGSMLINWA1ELV.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Elevra Lithium is the large dot.

Fundamentals: return on equity against price-to-book

-100%-50%0%20×40×IPI3833300056001396PMET001296CAML9936NICUALOYG6MNBUAMYASHAPURMINGSMLINWA1ELV.AXReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Elevra Lithium is the large dot.

Capital: ROE delivered against the ROE the price implies

0%200%400%600%0%250%500%750%IPI3833300056NICUALOYG6MELV.AXROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Elevra Lithium is the large dot.

Elevra Lithium competitors and peer comparison

How Elevra Lithium compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Elevra Lithium against its 20 peers (data as of 6 Nov 2026)
MeasureELV.AXPeer medianRank in peer set
1-month return-33.1%-14.8%2nd lowest of 21
6-month return-73.7%-37.3%lowest of 21
Return on equity9.4%3.0%6th highest of 21
Price / book0.61×1.77×2nd cheapest of 21
Trailing P/E5.9×14.9×2nd cheapest of 12
ROE the price implies13.1%14.1%9th least demanding of 21
ROE delivered9.4%3.0%5th highest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Elevra Lithium ELV.AXAustralia$445M-74%-8%9%0.61×13.1%9.4%
Intrepid Potash IPIUnited States$443M-13%+5%2%0.84×9.0%2.1%
Xinjiang Xinxin Mining Industry 3833.HKHong Kong$457M-39%+20%7%0.55×8.2%6.7%
Xiamen Zhongchuang Environmental Technology 300056.SZChina$434M-32%-12%-112%63.87×721.1%-111.9%
Shanghai Re.fine Environment Sci-tech 001396.SZChina$433M-42%+4%8%2.00×21.2%7.7%
PMET Resources PMET.TOCanada$431M-56%n/a-3%1.38×13.1%-3.0%
Chongqing Changjiang River Moulding Material (Group) 001296.SZChina$430M-16%-1%5%1.54×12.9%4.7%
Central Asia Metals CAML.LUnited Kingdom$430M-17%+23%-14%0.97×15.0%-13.8%
Ximei Resources 9936.HKHong Kong$461M-40%+52%16%1.52×6.5%16.0%
Magna Mining NICU.TOCanada$429M-15%+299%-63%5.56×71.4%-63.0%
Luxfer LXFRUnited States$463M+11%-9%4%2.09×18.6%4.2%
REalloys ALOYUnited States$427M-38%+21%-150%2.21×24.0%-150.2%
Moil MOIL.NSIndia$465M-32%+3%11%1.55×20.5%10.7%
Group 6 Metals G6M.AXAustralia$424M-9%+508%198%3.94×19.1%197.6%
NioCorp Developments NBUnited States$423M-52%n/a-21%0.98×6.3%n/a
United States Antimony UAMYUnited States$422M-74%+36%-15%2.33×13.1%-14.9%
Ashapura Minechem ASHAPURMIN.NSIndia$421M-37%+63%28%2.41×40.7%n/a
Ecora Royalties ECOR.LUnited Kingdom$475M-4%+168%11%0.97×10.7%11.0%
Ferroglobe GSMUnited States$477M-37%+4%4%0.61×7.8%3.9%
Lindian Resources LIN.AXAustralia$481M-50%n/a-21%2.83×13.0%-21.0%
WA1 Resources WA1.AXAustralia$410M-51%n/a-2%2.71×49.1%-2.3%

Questions

Which companies are Elevra Lithium's closest peers?
The cockpit's peer set: Intrepid Potash (IPI), Xinjiang Xinxin Mining Industry (3833.HK), Xiamen Zhongchuang Environmental Technology (300056.SZ), Shanghai Re.fine Environment Sci-tech (001396.SZ), PMET Resources (PMET.TO), Chongqing Changjiang River Moulding Material (Group) (001296.SZ), Central Asia Metals (CAML.L), Ximei Resources (9936.HK).
Is Elevra Lithium expensive compared with its peers?
On price / book it trades at 0.61× against a peer median of 1.77×, 2nd cheapest of 21 in its peer set. The share price implies a return on equity of about 13.1%; Elevra Lithium delivers 9.4%, so the price asks more than the business earns today.
How has Elevra Lithium stock performed?
Over six months to 6 Nov 2026 the shares returned -73.7% against -37.3% for the median peer; over one year -12.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.