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← CockpitCompetitor Analysis › SLI.V Standard Lithium Ltd.Open in the cockpit ↗

Standard Lithium Ltd.SLI.VCompetitor analysis, valuation and peers

Canada · CAD·Materials›Other Metals/Minerals
Momentum laggard 5
Mkt cap
$365M
US dollars, full cap
Free float
91%
of shares outstanding
$/day
$450,824
20-day average traded
P/B
0.97×
price to book
ROE
-15.5%
delivered
Implied ROE
15.9%
what the price asks
Next earnings
3 days
9 Nov 2026
Close · CADC$2.07
1D+5.1%
1W+2.0%
1M-12.3%
3M-38.2%
6M-61.6%
YTD-65.9%
1Y-55.5%
ATR %6.6%
52w lowhigh74.7% off high

What Standard Lithium does

Employees: 53

Standard Lithium at a glance

Size Standard Lithium (SLI.V) is a Canada Materials company (Other Metals/Minerals) with a market value of $365M, the 388th largest of 420 Canada companies the cockpit tracks. Shares closed at C$2.07 on 6 Nov 2026.

Performance Over six months the shares fell 61.6%, against -23.2% for the median peer and +5.2% for the Canada market (cap-weighted) — 3rd lowest of 21 in its peer set.

Valuation It trades at 0.97× book value against a peer median of 1.98× (5th cheapest of 21).

Price implies The share price implies a return on equity of about 15.9%; Standard Lithium delivers -15.5%, so the price asks more than the business earns today.

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 76SLI.V 38
Six months, rebased to 100: Standard Lithium against the median of its 20 peers (local-currency closes).

Standard Lithium financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$0C$0C$0C$0C$0
Revenue growth—————
Gross profit-C$720,958-C$1.29M-C$1.65M-C$598,000-C$13.6M
EBITDA-C$33.9M-C$32.1M-C$30.4M-C$48.7M-C$26.3M
Net income-C$66.3M-C$67.6M-C$80.9M-C$42.0M-C$38.1M
Free cash flow-C$20.2M-C$17.7M-C$16.4M-C$27.1M-C$24.2M
Capital expenditureC$27,298C$89,426C$3.05MC$53.3MC$6.25M
Total debtC$235,512C$352,283C$686,021C$1.25MC$390,495

Quarterly statements and history in the cockpit →

Standard 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

-50%0%+50%-20%0%+20%VULRMA4N2009300828LZMTTSA1MNDM600281SLVR336370TMQ603527JMSSTPARAREGSICOSLI.V6-month return →1-month return →
Up and to the right = strong over both horizons. Standard Lithium is the large dot.

Fundamentals: return on equity against price-to-book

-100%-75%-50%-25%0%00×200×400×VULRMA4N2009300828LZMTTSNDM600281336370TMQJMSREGSLI.VReturn 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. Standard Lithium is the large dot.

Capital: ROE delivered against the ROE the price implies

0%500%1,000%1,500%2,000%0%1,000%2,000%VULRMA4NTTSNDMSLI.VROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Standard Lithium is the large dot.

Standard Lithium competitors and peer comparison

How Standard 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.

Standard Lithium against its 20 peers (data as of 6 Nov 2026)
MeasureSLI.VPeer medianRank in peer set
1-month return-12.3%-15.5%9th highest of 21
6-month return-61.6%-23.2%3rd lowest of 21
Return on equity-15.5%-5.9%9th lowest of 21
Price / book0.97×1.98×5th cheapest of 21
ROE the price implies15.9%22.6%10th least demanding of 21
ROE delivered-15.5%-5.2%8th lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Standard Lithium SLI.VCanada$365M-62%n/a-15%0.97×15.9%-15.5%
Vulcan Energy Resources VUL.AXAustralia$370M-70%-33%-18%0.47×9.5%-17.9%
Roxmore Resources RM.TOCanada$357M+65%n/a-19%6.05×97.7%-18.8%
Alpha HPA A4N.AXAustralia$372M-42%+135%-14%1.31×14.6%-13.5%
First Copper Technology 2009.TWTaiwan$355M-14%+7%5%1.34×6.9%4.7%
Tianjin Ruixin Technology 300828.SZChina$353M-35%+22%5%2.90×26.0%4.5%
Lifezone Metals LZMUnited States$378M-30%+652%-17%4.24×39.2%n/a
Tintina Mines TTS.VCanada$380M+219%n/a-100%173.11×2,008.6%-99.6%
AIC Mines A1M.AXAustralia$349M-2%+29%13%1.46×8.1%13.3%
Northern Dynasty Minerals NDM.TOCanada$349M-69%n/a-261%42.65×198.2%-261.3%
Shanxi Huayang New Material 600281.SSChina$385M-11%+10%-59%14.25×102.7%-59.5%
Silver Tiger Metals SLVR.TOCanada$344M-12%n/a-4%1.97×28.7%-3.9%
Solus Advanced Materials 336370.KSSouth Korea$343M-52%+1%-7%0.74×7.4%-6.6%
Trilogy Metals TMQ.TOCanada$391M-50%n/a-39%3.22×29.5%-39.3%
Western Copper and Gold WRN.TOCanada$339M-48%n/a-3%1.70×19.3%-2.6%
Anhui Zhongyuan New Materials 603527.SSChina$396M-36%+59%1%1.25×11.2%1.1%
Jupiter Mines JMS.AXAustralia$334M-16%-2%7%0.83×7.2%6.6%
Stalprodukt STP.WAPoland$333M-1%-7%-1%0.34×5.1%-1.5%
Aclara Resources ARA.TOCanada$402M-50%n/a-5%1.98×12.9%-5.2%
Regulus Resources REG.VCanada$402M+15%n/a-4%8.32×26.3%-3.8%
Silverco Mining SICO.VCanada$331M-17%n/a-19%2.07×29.0%-19.4%

Questions

Which companies are Standard Lithium's closest peers?
The cockpit's peer set: Vulcan Energy Resources (VUL.AX), Roxmore Resources (RM.TO), Alpha HPA (A4N.AX), First Copper Technology (2009.TW), Tianjin Ruixin Technology (300828.SZ), Lifezone Metals (LZM), Tintina Mines (TTS.V), AIC Mines (A1M.AX).
Is Standard Lithium expensive compared with its peers?
On price / book it trades at 0.97× against a peer median of 1.98×, 5th cheapest of 21 in its peer set. The share price implies a return on equity of about 15.9%; Standard Lithium delivers -15.5%, so the price asks more than the business earns today.
How has Standard Lithium stock performed?
Over six months to 6 Nov 2026 the shares returned -61.6% against -23.2% for the median peer; over one year -55.5%.

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.