Almonty Industries Inc. (ALM) is a publicly traded company in the Basic Materials — Industrial Materials industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Almonty Industries, Inc. engages in the mining, processing, and shipment of tungsten concentrates. Its projects include Almonty Korea Tungsten, Panasquiera mine, Gentung, Almonty Korea Moly, Los Santos mine, and Valtreixal. The company was founded on September 28, 2009 and is headquartered in Dillon, MT.
Is Almonty Industries Inc. stock overvalued or undervalued in 2026?
As of October 2, 2026, Almonty Industries Inc. (ALM) trades at $13.40 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: there is not enough data to compare it with.
Kaplio overview: Almonty Industries Inc.
Market cap $4B · 52 weeks $6 – $23 (42 % below the high) · P/E no earnings · 2027 expected P/E 13.6× · Dividend none · Next earnings November 2, 2026 · expected EPS $0.12 · Price as of Oct 2 · accounts published Aug 11.
- Business: ROIC −5 % (weak).
- Balance sheet: Net debt/EBITDA 3.6× (fragile).
- Earnings: 2 of 7 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: there is not enough data to compare it with.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in materials: 1 of 6 pass
- FCF yield −3.2 %, fails.
- Gross margin 10.5 %, fails.
- Net debt / EBITDA (trough) 3.6×, fails.
- Capex / D&A 58.3×, fails.
- P/B across cycles 12.1×, fails.
- Altman Z-Score 6.2, passes.
Against its peers (same industry, similar size) — Almonty Industries Inc.: P/E —; EV/EBITDA —; ROIC -5.2 %; $3.8B. Materion Corporation (P/E 71.9×; EV/EBITDA 36.0×; ROIC 7.6 %; $6.5B), Vale S.A. (P/E 27.5×; EV/EBITDA 8.6×; ROIC 5.5 %; $56.7B), Rio Tinto Group (P/E 12.6×; EV/EBITDA 6.9×; ROIC 10.5 %; $153B).
Profitability
| Return on Equity | -45.25% |
| Return on Invested Capital | -5.18% |
| Return on Assets | -27.46% |
| Gross Margin | 29.26% |
| Operating Margin | -46.96% |
| Net Margin | -265.08% |
Financial Health
| Debt / Equity | 0.47 |
| Current Ratio | 2.45 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 6.17 |
Price Performance
| 1 month | -23.73% |
| 3 months | -10.37% |
| Year-to-date | +52.10% |
| 1 year | +100.30% |
Explore sector: Basic Materials · Industrial Materials
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