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Lynas Rare Earths Limited (LYC) Report Analysis

Corporate Events

Neutral

Lynas Rare Earths Limited, Q3 2022 Earnings Cal...

2022-04-05 08:56:00

Lynas Rare Earths Limited, Q3 2022 Earnings Call, Apr 12, 2022

Neutral

Lynas Rare Earths Limited to Report Q3, 2022 Re...

2022-04-05 08:56:00

Lynas Rare Earths Limited announced that they will report Q3, 2022 results on Apr 12, 2022

Positive

Lynas Rare Earths Limited Announces Ministerial...

2022-02-01 04:34:00

Lynas Rare Earths Limited announced ministerial statement for the Kalgoorlie rare earth processing facility has been issued under the environm...

Neutral

Lynas Rare Earths Limited, Q1 2022 Earnings Cal...

2021-10-14 07:36:00

Lynas Rare Earths Limited, Q1 2022 Earnings Call, Oct 22, 2021

Neutral

Lynas Rare Earths Limited to Report Q1, 2022 Re...

2021-10-14 07:36:00

Lynas Rare Earths Limited announced that they will report Q1, 2022 results on Oct 22, 2021

Neutral

Lynas Rare Earths Limited, Annual General Meeti...

2021-09-28 09:01:00

Lynas Rare Earths Limited, Annual General Meeting, Nov 29, 2021, at 09:00 E. Australia Standard Time. Location: Fullerton Hotel, 1 Martin Plac...

Neutral

Lynas Rare Earths Limited - Shareholder/Analyst Call

2021-09-28 09:01:00

Annual General Meeting

Neutral

Lynas Rare Earths Limited to Report Fiscal Year...

2021-08-22 22:11:00

Lynas Rare Earths Limited announced that they will report fiscal year 2021 results on Aug 27, 2021

Neutral

Lynas Rare Earths Limited, 2021 Earnings Call, ...

2021-08-22 22:11:00

Lynas Rare Earths Limited, 2021 Earnings Call, Aug 27, 2021

Positive

Lynas Rare Earths Limited Conducts Deep Explora...

2021-08-01 22:16:00

Lynas Rare Earths Limited announced the successful completion of 1020m deep core drilling into fresh carbonatite below the current Rare Earth ...

Neutral

Lynas Rare Earths Limited, Q4 2021 Earnings Cal...

2021-07-18 23:07:00

Lynas Rare Earths Limited, Q4 2021 Earnings Call, Jul 26, 2021

Neutral

Lynas Rare Earths Limited to Report Q4, 2021 Re...

2021-07-18 23:07:00

Lynas Rare Earths Limited announced that they will report Q4, 2021 results on Jul 26, 2021

Neutral

Austmine Ltd, Austmine 2021, Aug 09, 2021

2021-07-08 12:02:00

Austmine Ltd, Austmine 2021, Aug 09, 2021.

Neutral

Lynas Rare Earths Limited Presents at Austmine ...

2021-07-08 12:02:00

Lynas Rare Earths Limited Presents at Austmine 2021, Aug-09-2021 01:00 PM. Speakers: Amanda M. Lacaze, MD, CEO & Director.

Neutral

Lynas Rare Earths Limited Presents at Diggers a...

2021-06-30 19:09:00

Lynas Rare Earths Limited Presents at Diggers and Dealers Mining Forum, Aug-02-2021 11:30 AM. Venue: Goldfields Arts Centre, Cheetham Street, ...

Neutral

Lynas Rare Earths Limited, Q3 2022 Earnings Call, Apr 12, 2022

2022-04-05 08:56:00

Lynas Rare Earths Limited, Q3 2022 Earnings Call, Apr 12, 2022

Neutral

Lynas Rare Earths Limited to Report Q3, 2022 Results on Apr 12, 2022

2022-04-05 08:56:00

Lynas Rare Earths Limited announced that they will report Q3, 2022 results on Apr 12, 2022

Positive

Lynas Rare Earths Limited Announces Ministerial Approval for Kalgoorlie Rare Earth Processing Facility

2022-02-01 04:34:00

Lynas Rare Earths Limited announced ministerial statement for the Kalgoorlie rare earth processing facility has been issued under the environmental protection act 1986 (WA). This statement approves the implementation of the Kalgoorlie rare earths processing facility and outlines the conditions for the construction and operation of the facility. The conditions are consistent with initiatives proposed by Lynas. Lynas is very pleased to be progressing this important project to establish a critical minerals value added processing facility in Kalgoorlie which meets the strict environmental conditions of Western Australian regulators. This is consistent with company environmental, social and governance (ESG) approach, company commitment to operating in a way that is safe for the company people, communities and the environment and objective to contribute positively to the communities in which the company operate. Lynas has worked closely with all levels of government to ensure the Kalgoorlie rare earths processing facility sustainably supports the critical minerals and modern manufacturing strategies of the Australian government, the Future battery and critical minerals industries strategy of the Western Australian government, and the city of Kalgoorlie-Boulder's economic diversification plans. Lynas is now working to finalise the secondary approvals required for project implementation.

Neutral

Lynas Rare Earths Limited, Q1 2022 Earnings Call, Oct 22, 2021

2021-10-14 07:36:00

Lynas Rare Earths Limited, Q1 2022 Earnings Call, Oct 22, 2021

Neutral

Lynas Rare Earths Limited to Report Q1, 2022 Results on Oct 22, 2021

2021-10-14 07:36:00

Lynas Rare Earths Limited announced that they will report Q1, 2022 results on Oct 22, 2021

Neutral

Lynas Rare Earths Limited, Annual General Meeting, Nov 29, 2021

2021-09-28 09:01:00

Lynas Rare Earths Limited, Annual General Meeting, Nov 29, 2021, at 09:00 E. Australia Standard Time. Location: Fullerton Hotel, 1 Martin Place Syndey New South Wales Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 2021, consisting of the Annual Financial Report, the Directors' Report and the Auditor's Report; to consider remuneration report; to consider re-election of Philippe Etienne as a Director; and to consider grant of Performance Rights for the benefit of CEO and Managing Director Amanda Lacaze.

Neutral

Lynas Rare Earths Limited - Shareholder/Analyst Call

2021-09-28 09:01:00

Annual General Meeting

Neutral

Lynas Rare Earths Limited to Report Fiscal Year 2021 Results on Aug 27, 2021

2021-08-22 22:11:00

Lynas Rare Earths Limited announced that they will report fiscal year 2021 results on Aug 27, 2021

Neutral

Lynas Rare Earths Limited, 2021 Earnings Call, Aug 27, 2021

2021-08-22 22:11:00

Lynas Rare Earths Limited, 2021 Earnings Call, Aug 27, 2021

Positive

Lynas Rare Earths Limited Conducts Deep Exploration Drilling of Mt Weld Ore Body

2021-08-01 22:16:00

Lynas Rare Earths Limited announced the successful completion of 1020m deep core drilling into fresh carbonatite below the current Rare Earth Elements (REE) open pit mine. The exploration drilling program was designed to expand the ore body knowledge of Mt Weld by understanding the primary Rare Earth Elements mineralisation and the geology and structure of the carbonatite host rock. The program was partially funded by WA government under the Exploration Incentive Scheme (EIS), 2020-2021. The following report provides information about the exploration drill program which was completed ahead of schedule in June 2021.

Neutral

Lynas Rare Earths Limited, Q4 2021 Earnings Call, Jul 26, 2021

2021-07-18 23:07:00

Lynas Rare Earths Limited, Q4 2021 Earnings Call, Jul 26, 2021

Neutral

Lynas Rare Earths Limited to Report Q4, 2021 Results on Jul 26, 2021

2021-07-18 23:07:00

Lynas Rare Earths Limited announced that they will report Q4, 2021 results on Jul 26, 2021

Neutral

Austmine Ltd, Austmine 2021, Aug 09, 2021

2021-07-08 12:02:00

Austmine Ltd, Austmine 2021, Aug 09, 2021.

Neutral

Lynas Rare Earths Limited Presents at Austmine 2021, Aug-09-2021 01:00 PM

2021-07-08 12:02:00

Lynas Rare Earths Limited Presents at Austmine 2021, Aug-09-2021 01:00 PM. Speakers: Amanda M. Lacaze, MD, CEO & Director.

Neutral

Lynas Rare Earths Limited Presents at Diggers and Dealers Mining Forum, Aug-02-2021 11:30 AM

2021-06-30 19:09:00

Lynas Rare Earths Limited Presents at Diggers and Dealers Mining Forum, Aug-02-2021 11:30 AM. Venue: Goldfields Arts Centre, Cheetham Street, Kalgoolie, Western Australia, Australia. Speakers: Kam Leung, Vice President of Production.

Fundamental Summary

Lynas Rare Earths's financial results from Q4 demonstrated decent performance, but will likely only help Lynas Rare Earths remain on par with its peers. This typically translates into the stock performing on par with market performance for the upcoming quarter. Overall, Lynas Rare Earths's growth, value, and income factors are trending positively, and we, therefore, give Lynas Rare Earths an overall grade of 71 and a HOLD recommendation.

Business Description

Lynas Rare Earths, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals primarily in Australia and Malaysia. The company holds an interest in the Mount Weld project, Western Australia. Its products include neodymium and praseodymium, lanthanum, cerium, and mixed heavy rare earth materials. The company also develops and operates advanced material processing and concentration plants. In addition, it offers corporate services. The company was formerly known as Lynas Corporation Limited and changed its name to Lynas Corporation Limited in November 2020. Lynas Rare Earths was founded in 1983 and is headquartered in East Perth, Australia.

Sector Overview

Lynas Rare Earths is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. Lynas Rare Earths's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 1,645.3 11.3% 59
Liabilities 392.4 -0.4% 74
Price to Book 7.0 47.1% 68
Cash & Equivalents 573.5 -1.3% 62
Equity 1,252.9 15.6% 77
EBITDA 282.5 72.5% 91
Total Revenues 601.4 23.0% 50
Parameter Value Change Score
Return on Equity 24.7 25.7% 83
Net Cashflow 260.8 -45.6% 78
Capital Expenditure -88.3 -118.3% 76
Asset Turnover 0.4 -0.7% 58
Free Cashflow 0.2 -10.1% 63

* All values are TTM

The below chart reflects Lynas Rare Earths's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Lynas Rare Earths's peer average final assessment score stands on 69.0, Lynas Rare Earths's score is 71.

  •  LYC
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
BHP Group Limited 208.5B 58 71 75
Hold
69
69 0 1
Fortescue Metals Group Limited 55.0B 65 67 75
Hold
68
68 1 1
Newcrest Mining Limited 19.4B 52 66 57
Underperform
56
56 2 1
South32 Limited 18.7B 84 72 78
Buy
82
82 3 1
Mineral Resources Limited 9.2B 55 63 61
Underperform
56
56 4 1
Northern Star Resources Limited 8.2B 56 56 73
Underperform
55
55 5 1
IGO Limited 7.8B 50 78 72
Hold
71
71 6 1
BlueScope Steel Limited 7.3B 85 72 52
Hold
72
72 7 1
Pilbara Minerals Limited 6.9B 86 69 86
Buy
83
83 8 1
Allkem Limited 6.9B 57 61 82
Hold
65
65 9 1
OZ Minerals Limited 6.2B 74 66 78
Hold
74
74 10 1
Evolution Mining Limited 4.8B 82 64 50
Hold
64
64 11 1
Alumina Limited 4.4B 50 79 72
Hold
70
70 12 1
OZ Minerals Holdings Pty Ltd 4.0B 84 61 50
Hold
73
73 13 1
Iluka Resources Limited 3.9B 77 60 74
Hold
68
68 14 1
Andean Resources Ltd. 3.7B 86 97 41
Buy
84
84 15 1
Coronado Global Resources Inc. 2.9B 83 74 81
Strong Buy
87
87 16 1
Nickel Industries Limited 2.8B 54 60 70
Underperform
56
56 17 1
AVZ Minerals Limited 2.8B 95 68 58
Hold
75
75 18 1
Sims Limited 2.7B 68 69 82
Hold
74
74 19 1
Zimplats Holdings Limited 2.6B 77 68 64
Hold
71
71 20 1
Liontown Resources Limited 2.4B 81 84 62
Buy
84
84 21 1
Perseus Mining Limited 2.3B 81 65 83
Hold
77
77 22 1
Deterra Royalties Limited 2.3B 77 61 75
Hold
69
69 23 1
Sandfire Resources Limited 1.9B 82 69 76
Buy
79
79 24 1
Core Lithium Ltd 1.8B 83 70 69
Hold
76
76 25 1
Chalice Mining Limited 1.5B 54 81 55
Hold
67
67 26 1
Grange Resources Limited 1.5B 65 64 73
Hold
66
66 27 1
Capricorn Metals Ltd 1.3B 86 69 82
Buy
82
82 28 1
West African Resources Limited 1.3B 87 59 66
Hold
68
68 29 1
Silver Lake Resources Limited 1.2B 66 63 58
Hold
62
62 30 1
De Grey Mining Limited 1.2B 66 47 73
Underperform
53
53 31 1
Gold Road Resources Limited 1.2B 64 67 56
Hold
63
63 32 1
Lake Resources NL 1.2B 66 73 68
Hold
71
71 33 1
Sayona Mining Limited 1.2B 66 73 68
Hold
71
71 34 1
Regis Resources Limited 1.1B 53 53 69
Underperform
50
50 35 1
Piedmont Lithium Inc. 1.1B 88 77 60
Buy
84
84 36 1
5E Advanced Materials Inc. 927.2M 47 58 61
Underperform
51
51 37 1
ioneer Ltd 867.9M 85 69 51
Hold
70
70 38 1
Syrah Resources Limited 856.9M 49 50 69
Underperform
46
46 39 1
Equigold NL 854.0M 50 65 87
Hold
67
67 40 1
Ramelius Resources Limited 828.4M 56 68 62
Hold
60
60 41 1
Vulcan Energy Resources Limited 826.7M 67 78 71
Hold
77
77 42 1
Jervois Global Limited 813.1M 78 71 54
Hold
72
72 43 1
Mincor Resources NL 808.9M 62 77 57
Hold
67
67 44 1
Imdex Limited 796.9M 71 56 74
Hold
70
70 45 1
Bellevue Gold Limited 722.0M 84 69 54
Hold
70
70 46 1
St Barbara Limited 701.5M 53 70 56
Underperform
59
59 47 1
Emerald Resources NL 679.4M 60 68 84
Hold
70
70 48 1
Red 5 Limited 671.6M 47 75 59
Hold
61
61 49 1
Boart Longyear Group Ltd. 651.0M 60 74 68
Hold
69
69 50 1
Mount Gibson Iron Limited 629.5M 48 78 64
Hold
66
66 51 1
Westgold Resources Limited 575.3M 54 65 63
Underperform
58
58 52 1
OM Holdings Limited 563.6M 84 75 82
Buy
85
85 53 1
Australian Strategic Materials Ltd 540.9M 51 74 72
Hold
67
67 54 1
Neometals Ltd 531.9M 60 72 60
Hold
65
65 55 1
Adriatic Metals PLC 528.8M 66 73 68
Hold
71
71 56 1
Argosy Minerals Limited 467.8M 66 73 68
Hold
71
71 57 1
Perenti Global Limited 461.4M 60 78 67
Hold
72
72 58 1
Champion Iron Limited 441.1M 58 71 55
Hold
64
64 59 1
Panoramic Resources Limited 420.4M 58 71 67
Hold
66
66 60 1
Hastings Technology Metals Limited 404.8M 65 68 67
Hold
68
68 61 1
Alkane Resources Limited 402.0M 78 70 68
Hold
73
73 62 1
Centaurus Metals Limited 397.2M 66 73 68
Hold
71
71 63 1
Bowen Coking Coal Limited 385.5M 66 73 68
Hold
71
71 64 1
Jupiter Mines Limited 372.2M 66 81 50
Hold
64
64 65 1
Galan Lithium Limited 362.2M 66 73 68
Hold
71
71 66 1
Talga Group Ltd 359.9M 53 60 62
Underperform
53
53 67 1
BCI Minerals Limited 349.8M 71 68 60
Hold
66
66 68 1
Metals X Limited 344.8M 68 87 68
Buy
82
82 69 1
Pantoro Limited 330.8M 66 73 68
Hold
71
71 70 1
Aurelia Metals Limited 327.8M 65 58 60
Underperform
56
56 71 1
Macmahon Holdings Limited 283.7M 68 65 62
Hold
66
66 72 1
Lotus Resources Limited 277.3M 66 73 68
Hold
71
71 73 1
Firefinch Limited 236.2M 66 73 68
Hold
71
71 74 1
Andromeda Metals Limited 229.8M 66 73 68
Hold
71
71 75 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Lynas Rare Earths's stock is now priced above its 5-day, 50-day, and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near, medium, and long-term. In particular, many institutional investors keep close watch of the 200-day moving average. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Lynas Rare Earths's stock indicates that it's likely oversold. Overall, these technical indicators signal positive upward momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 73.

Bullish 73
Close Price 9.34
52W Low 5.62
52W High 11.39
5D MA 8.82
50D MA 9.11
200D MA 8.96
MACD -0.11
RSI 1.5
STOCH 73.48

Balance Sheet Analysis

Lynas Rare Earths appears likely to maintain its strong balance sheet metrics and momentum going forward. Lynas Rare Earths produced great equity metrics for this filing, demonstrating management's skill in increasing shareholder value. Lynas Rare Earths's equity was reported as 1252.9, which represents a 15.6% change from the last report. This parameter often affects companies in the same industry and market capitalization by up to 5.9%. This performance is significantly more impressive than its peers and competitors. Therefore, its equity movement component earned a score of 77. Also, In terms of liabilities, Lynas Rare Earths published good numbers. Their reported liabilities were 392.4, representing a -0.4% change from the previous report. These liabilities changes appear balanced compared to their peers and project the message that management is capable and focused on balancing asset growth, resource allocation, and growing liabilities. Therefore, we rated their liabilities movement with a score of 74. At the same time, one critical balance sheet metric, Assets, was notably weak. Lynas Rare Earths assets metrics were reported as 1645.3, representing a 11.3% change from the last filing. This unimpressive metric is weaker than its peers and competitors. Consequently, their asset movement received a grade of 59. Its balance sheet, therefore, earned a score of 70.

Parameter Value Change Score
Assets 1,645.3 11.3% 59
Liabilities 392.4 -0.4% 74
Price to Book 7.0 47.1% 68
Cash & Equivalents 573.5 -1.3% 62
Equity 1,252.9 15.6% 77
* All values are TTM

The below chart describes Lynas Rare Earths's performance as reflected on its balance sheet with respect to its peers. While Lynas Rare Earths received a balance sheet score of 70, the average of its peers stands on 70.0.

  •  LYC
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
BHP Group Limited 208.5B 74 92 47 52 76 58 0 1
Fortescue Metals Group Limited 55.0B 83 66 68 55 69 65 1 1
Newcrest Mining Limited 19.4B 85 72 46 46 73 52 2 1
South32 Limited 18.7B 74 73 80 79 74 84 3 1
Mineral Resources Limited 9.2B 83 73 52 42 90 55 4 1
Northern Star Resources Limited 8.2B 87 70 56 48 65 56 5 1
IGO Limited 7.8B 43 37 80 42 63 50 6 1
BlueScope Steel Limited 7.3B 64 75 87 90 68 85 7 1
Pilbara Minerals Limited 6.9B 87 59 81 87 56 86 8 1
Allkem Limited 6.9B 53 64 44 65 89 57 9 1
OZ Minerals Limited 6.2B 87 72 72 69 72 74 10 1
Evolution Mining Limited 4.8B 47 57 76 96 54 82 11 1
Alumina Limited 4.4B 51 69 50 46 84 50 12 1
OZ Minerals Holdings Pty Ltd 4.0B 81 62 51 97 87 84 13 1
Iluka Resources Limited 3.9B 76 66 87 69 53 77 14 1
Andean Resources Ltd. 3.7B 70 37 60 97 92 86 15 1
Coronado Global Resources Inc. 2.9B 44 56 87 85 71 83 16 1
Nickel Industries Limited 2.8B 41 44 72 50 70 54 17 1
AVZ Minerals Limited 2.8B 99 56 82 98 66 95 18 1
Sims Limited 2.7B 85 72 83 49 57 68 19 1
Zimplats Holdings Limited 2.6B 80 69 68 76 73 77 20 1
Liontown Resources Limited 2.4B 43 55 82 97 37 81 21 1
Perseus Mining Limited 2.3B 81 70 73 82 66 81 22 1
Deterra Royalties Limited 2.3B 99 79 61 75 68 77 23 1
Sandfire Resources Limited 1.9B 41 64 87 87 73 82 24 1
Core Lithium Ltd 1.8B 37 55 82 94 66 83 25 1
Chalice Mining Limited 1.5B 98 78 39 46 89 54 26 1
Grange Resources Limited 1.5B 54 70 51 71 92 65 27 1
Capricorn Metals Ltd 1.3B 69 59 81 91 65 86 28 1
West African Resources Limited 1.3B 92 56 81 92 42 87 29 1
Silver Lake Resources Limited 1.2B 69 62 62 71 57 66 30 1
De Grey Mining Limited 1.2B 44 49 79 69 48 66 31 1
Gold Road Resources Limited 1.2B 83 72 56 65 60 64 32 1
Lake Resources NL 1.2B 78 74 55 64 78 66 33 1
Sayona Mining Limited 1.2B 78 74 55 64 78 66 34 1
Regis Resources Limited 1.1B 77 74 51 48 63 53 35 1
Piedmont Lithium Inc. 1.1B 97 54 82 97 39 88 36 1
5E Advanced Materials Inc. 927.2M 44 83 54 45 37 47 37 1
ioneer Ltd 867.9M 98 56 80 86 52 85 38 1
Syrah Resources Limited 856.9M 63 75 38 46 94 49 39 1
Equigold NL 854.0M 57 46 86 50 45 50 40 1
Ramelius Resources Limited 828.4M 67 41 78 48 49 56 41 1
Vulcan Energy Resources Limited 826.7M 39 53 80 74 41 67 42 1
Jervois Global Limited 813.1M 71 71 44 94 95 78 43 1
Mincor Resources NL 808.9M 83 78 43 62 56 62 44 1
Imdex Limited 796.9M 59 69 83 61 75 71 45 1
Bellevue Gold Limited 722.0M 96 56 81 87 42 84 46 1
St Barbara Limited 701.5M 80 69 51 49 61 53 47 1
Emerald Resources NL 679.4M 51 58 80 51 57 60 48 1
Red 5 Limited 671.6M 49 45 39 55 96 47 49 1
Boart Longyear Group Ltd. 651.0M 85 79 39 60 87 60 50 1
Mount Gibson Iron Limited 629.5M 94 76 39 41 74 48 51 1
Westgold Resources Limited 575.3M 77 65 55 47 73 54 52 1
OM Holdings Limited 563.6M 84 69 84 81 50 84 53 1
Australian Strategic Materials Ltd 540.9M 44 69 55 46 84 51 54 1
Neometals Ltd 531.9M 97 77 46 50 97 60 55 1
Adriatic Metals PLC 528.8M 78 74 55 64 78 66 56 1
Argosy Minerals Limited 467.8M 78 74 55 64 78 66 57 1
Perenti Global Limited 461.4M 68 71 51 61 74 60 58 1
Champion Iron Limited 441.1M 66 49 73 47 67 58 59 1
Panoramic Resources Limited 420.4M 78 75 43 58 85 58 60 1
Hastings Technology Metals Limited 404.8M 75 72 56 67 67 65 61 1
Alkane Resources Limited 402.0M 45 56 83 88 40 78 62 1
Centaurus Metals Limited 397.2M 78 74 55 64 78 66 63 1
Bowen Coking Coal Limited 385.5M 78 74 55 64 78 66 64 1
Jupiter Mines Limited 372.2M 63 93 46 52 80 66 65 1
Galan Lithium Limited 362.2M 78 74 55 64 78 66 66 1
Talga Group Ltd 359.9M 90 78 38 45 95 53 67 1
BCI Minerals Limited 349.8M 86 73 58 67 82 71 68 1
Metals X Limited 344.8M 90 77 50 67 80 68 69 1
Pantoro Limited 330.8M 78 74 55 64 78 66 70 1
Aurelia Metals Limited 327.8M 85 69 59 60 72 65 71 1
Macmahon Holdings Limited 283.7M 47 61 72 78 44 68 72 1
Lotus Resources Limited 277.3M 78 74 55 64 78 66 73 1
Firefinch Limited 236.2M 78 74 55 64 78 66 74 1
Andromeda Metals Limited 229.8M 78 74 55 64 78 66 75 1

Income Statement Analysis

EBITDA and Return Factors stand out as the most significant drivers of Lynas Rare Earths's income statement's strength. Lynas Rare Earths's management was effective in improving its EBIDTA, which now sits at 282.5 and represents a 72.5% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 20.0%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. Therefore, its EBITDA component earned a score of 91. Also, Lynas Rare Earths's reported return on equity (ROE) ratio was 24.7, representing a change of 25.7%. Its return factor metrics are even more remarkable when compared to their peers. Therefore, its return factors component earned a score of 83. At the same time, one critical income statement metric, Revenue Efficiency, was notably weak. Lynas Rare Earths reported discouraging numbers for its revenue efficiency. As of the current filing, they were reported as 601.4 and represented 23.0% change from the previous period. This metric might have a 24.0 percent impact on companies in the same industry and with the same market capitalization. Their revenue efficiency does not make a compelling case for upward pressure on the company's stock price. Its revenue efficiency, therefore, received a grade of 50. Therefore, their income statement earned a grade of 69.

Parameter Value Change Score
EBITDA 282.5 72.5% 91
Total Revenues 601.4 23.0% 50
Return on Equity 24.7 25.7% 83
* All values are TTM

The below chart describes Lynas Rare Earths's performance as reflected on its income statement with respect to its peers. While Lynas Rare Earths received a income statement score of 69 , the average of its peers stands on 69.0.

  •  LYC
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
BHP Group Limited 208.5B 64 79 79 71 0 1
Fortescue Metals Group Limited 55.0B 58 78 75 67 1 1
Newcrest Mining Limited 19.4B 95 45 48 66 2 1
South32 Limited 18.7B 47 94 95 72 3 1
Mineral Resources Limited 9.2B 94 42 44 63 4 1
Northern Star Resources Limited 8.2B 48 66 68 56 5 1
IGO Limited 7.8B 98 72 48 78 6 1
BlueScope Steel Limited 7.3B 86 71 66 72 7 1
Pilbara Minerals Limited 6.9B 38 96 96 69 8 1
Allkem Limited 6.9B 46 75 74 61 9 1
OZ Minerals Limited 6.2B 48 82 82 66 10 1
Evolution Mining Limited 4.8B 94 46 43 64 11 1
Alumina Limited 4.4B 87 73 76 79 12 1
OZ Minerals Holdings Pty Ltd 4.0B 39 88 45 61 13 1
Iluka Resources Limited 3.9B 50 62 89 60 14 1
Andean Resources Ltd. 3.7B 37 89 91 97 15 1
Coronado Global Resources Inc. 2.9B 39 98 97 74 16 1
Nickel Industries Limited 2.8B 66 61 55 60 17 1
AVZ Minerals Limited 2.8B 87 63 41 68 18 1
Sims Limited 2.7B 45 90 92 69 19 1
Zimplats Holdings Limited 2.6B 94 50 52 68 20 1
Liontown Resources Limited 2.4B 87 78 91 84 21 1
Perseus Mining Limited 2.3B 42 88 83 65 22 1
Deterra Royalties Limited 2.3B 45 83 66 61 23 1
Sandfire Resources Limited 1.9B 64 73 74 69 24 1
Core Lithium Ltd 1.8B 87 47 81 70 25 1
Chalice Mining Limited 1.5B 99 65 76 81 26 1
Grange Resources Limited 1.5B 74 61 61 64 27 1
Capricorn Metals Ltd 1.3B 37 98 97 69 28 1
West African Resources Limited 1.3B 43 84 63 59 29 1
Silver Lake Resources Limited 1.2B 95 42 41 63 30 1
De Grey Mining Limited 1.2B 44 45 76 47 31 1
Gold Road Resources Limited 1.2B 94 48 49 67 32 1
Lake Resources NL 1.2B 87 62 66 73 33 1
Sayona Mining Limited 1.2B 87 62 66 73 34 1
Regis Resources Limited 1.1B 65 50 45 53 35 1
Piedmont Lithium Inc. 1.1B 87 63 68 77 36 1
5E Advanced Materials Inc. 927.2M 74 37 56 58 37 1
ioneer Ltd 867.9M 87 55 60 69 38 1
Syrah Resources Limited 856.9M 38 67 62 50 39 1
Equigold NL 854.0M 79 44 91 65 40 1
Ramelius Resources Limited 828.4M 94 51 48 68 41 1
Vulcan Energy Resources Limited 826.7M 87 67 84 78 42 1
Jervois Global Limited 813.1M 37 94 93 71 43 1
Mincor Resources NL 808.9M 98 57 59 77 44 1
Imdex Limited 796.9M 77 60 56 56 45 1
Bellevue Gold Limited 722.0M 87 44 83 69 46 1
St Barbara Limited 701.5M 93 56 53 70 47 1
Emerald Resources NL 679.4M 37 96 94 68 48 1
Red 5 Limited 671.6M 95 58 66 75 49 1
Boart Longyear Group Ltd. 651.0M 93 58 67 74 50 1
Mount Gibson Iron Limited 629.5M 99 62 66 78 51 1
Westgold Resources Limited 575.3M 84 58 43 65 52 1
OM Holdings Limited 563.6M 50 96 97 75 53 1
Australian Strategic Materials Ltd 540.9M 91 62 66 74 54 1
Neometals Ltd 531.9M 87 66 56 72 55 1
Adriatic Metals PLC 528.8M 87 62 66 73 56 1
Argosy Minerals Limited 467.8M 87 62 66 73 57 1
Perenti Global Limited 461.4M 73 81 87 78 58 1
Champion Iron Limited 441.1M 95 50 45 71 59 1
Panoramic Resources Limited 420.4M 95 50 62 71 60 1
Hastings Technology Metals Limited 404.8M 90 51 53 68 61 1
Alkane Resources Limited 402.0M 68 74 74 70 62 1
Centaurus Metals Limited 397.2M 87 62 66 73 63 1
Bowen Coking Coal Limited 385.5M 87 62 66 73 64 1
Jupiter Mines Limited 372.2M 96 46 50 81 65 1
Galan Lithium Limited 362.2M 87 62 66 73 66 1
Talga Group Ltd 359.9M 87 40 47 60 67 1
BCI Minerals Limited 349.8M 94 47 56 68 68 1
Metals X Limited 344.8M 94 84 79 87 69 1
Pantoro Limited 330.8M 87 62 66 73 70 1
Aurelia Metals Limited 327.8M 68 58 49 58 71 1
Macmahon Holdings Limited 283.7M 88 51 48 65 72 1
Lotus Resources Limited 277.3M 87 62 66 73 73 1
Firefinch Limited 236.2M 87 62 66 73 74 1
Andromeda Metals Limited 229.8M 87 62 66 73 75 1

Cash Flow Analysis

Net Cash Flow and Capex stand out as the most significant drivers of Lynas Rare Earths's cash flow's strength. Lynas Rare Earths's management was effective in improving their net cash flow, which now sits at 260.8 and represents a -45.6% change from the previous report. This industry-leading net cash flow momentum should reinforce broader positive momentum for its's stock price going forward. The company's net cash flow, therefore, received a grade of 78. Also, Lynas Rare Earths's published capital expenditures (CapEx) numbers were encouraging and reflected management's balanced change strategy. Lynas Rare Earths recorded CapEx of -88.3, which represents -118.3% change from the previous report. This performance is all the more impressive relative to their peers and competitors. Consequently, their CapEx movement received a grade of 76. That said, one metric, Asset Turnover, stood out as strongly negative. Asset turnover metrics during this period were surprisingly weak. Their reported asset turnover metrics of 0.4, which represents a -0.7% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 2.7%. Their lackluster asset turnover metrics, specifically in contrast to leading industry peers' performance, could present significant headwinds. Correspondingly, their asset turnover movement received a grade of 58. Because their management is doing an excellent job managing these critical metrics, the cash_flow was given a score of 70.

Parameter Value Change Score
Net Cashflow 260.8 -45.6% 78
Capital Expenditure -88.3 -118.3% 76
Asset Turnover 0.4 -0.7% 58
Free Cashflow 0.2 -10.1% 63
* All values are TTM

The below chart describes Lynas Rare Earths's performance as reflected on its cash flow with respect to its peers. While Lynas Rare Earths received a cash flow score of 70, the average of its peers stands on 69.0.

  •  LYC
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
BHP Group Limited 208.5B 70 77 80 71 75 0 1
Fortescue Metals Group Limited 55.0B 74 78 69 74 75 1 1
Newcrest Mining Limited 19.4B 58 48 63 55 57 2 1
South32 Limited 18.7B 72 86 82 75 78 3 1
Mineral Resources Limited 9.2B 58 69 54 63 61 4 1
Northern Star Resources Limited 8.2B 70 58 54 91 73 5 1
IGO Limited 7.8B 80 73 66 57 72 6 1
BlueScope Steel Limited 7.3B 48 47 56 70 52 7 1
Pilbara Minerals Limited 6.9B 87 97 76 78 86 8 1
Allkem Limited 6.9B 75 77 70 84 82 9 1
OZ Minerals Limited 6.2B 69 97 66 73 78 10 1
Evolution Mining Limited 4.8B 54 49 61 39 50 11 1
Alumina Limited 4.4B 68 74 76 70 72 12 1
OZ Minerals Holdings Pty Ltd 4.0B 49 86 84 39 50 13 1
Iluka Resources Limited 3.9B 75 84 52 74 74 14 1
Andean Resources Ltd. 3.7B 40 55 56 37 41 15 1
Coronado Global Resources Inc. 2.9B 77 86 53 93 81 16 1
Nickel Industries Limited 2.8B 75 63 76 61 70 17 1
AVZ Minerals Limited 2.8B 60 69 76 37 58 18 1
Sims Limited 2.7B 83 98 56 82 82 19 1
Zimplats Holdings Limited 2.6B 75 77 63 44 64 20 1
Liontown Resources Limited 2.4B 59 69 76 51 62 21 1
Perseus Mining Limited 2.3B 69 94 90 83 83 22 1
Deterra Royalties Limited 2.3B 77 88 96 51 75 23 1
Sandfire Resources Limited 1.9B 73 85 63 71 76 24 1
Core Lithium Ltd 1.8B 61 69 76 72 69 25 1
Chalice Mining Limited 1.5B 53 62 84 38 55 26 1
Grange Resources Limited 1.5B 75 79 76 62 73 27 1
Capricorn Metals Ltd 1.3B 81 83 81 79 82 28 1
West African Resources Limited 1.3B 73 84 42 58 66 29 1
Silver Lake Resources Limited 1.2B 63 53 64 47 58 30 1
De Grey Mining Limited 1.2B 80 69 76 61 73 31 1
Gold Road Resources Limited 1.2B 57 57 54 50 56 32 1
Lake Resources NL 1.2B 68 69 76 60 68 33 1
Sayona Mining Limited 1.2B 68 69 76 60 68 34 1
Regis Resources Limited 1.1B 65 76 68 69 69 35 1
Piedmont Lithium Inc. 1.1B 59 62 69 54 60 36 1
5E Advanced Materials Inc. 927.2M 55 48 71 71 61 37 1
ioneer Ltd 867.9M 47 57 54 51 51 38 1
Syrah Resources Limited 856.9M 59 58 43 98 69 39 1
Equigold NL 854.0M 91 69 72 84 87 40 1
Ramelius Resources Limited 828.4M 59 56 81 58 62 41 1
Vulcan Energy Resources Limited 826.7M 67 69 76 69 71 42 1
Jervois Global Limited 813.1M 43 51 38 82 54 43 1
Mincor Resources NL 808.9M 63 63 72 45 57 44 1
Imdex Limited 796.9M 71 72 79 73 74 45 1
Bellevue Gold Limited 722.0M 51 64 56 51 54 46 1
St Barbara Limited 701.5M 54 46 71 55 56 47 1
Emerald Resources NL 679.4M 84 81 80 81 84 48 1
Red 5 Limited 671.6M 68 49 48 59 59 49 1
Boart Longyear Group Ltd. 651.0M 62 74 81 63 68 50 1
Mount Gibson Iron Limited 629.5M 68 69 59 56 64 51 1
Westgold Resources Limited 575.3M 59 69 71 59 63 52 1
OM Holdings Limited 563.6M 75 90 90 75 82 53 1
Australian Strategic Materials Ltd 540.9M 72 69 76 69 72 54 1
Neometals Ltd 531.9M 62 54 71 52 60 55 1
Adriatic Metals PLC 528.8M 68 69 76 60 68 56 1
Argosy Minerals Limited 467.8M 68 69 76 60 68 57 1
Perenti Global Limited 461.4M 61 69 54 78 67 58 1
Champion Iron Limited 441.1M 56 69 51 49 55 59 1
Panoramic Resources Limited 420.4M 69 69 79 54 67 60 1
Hastings Technology Metals Limited 404.8M 65 68 74 57 67 61 1
Alkane Resources Limited 402.0M 69 58 68 71 68 62 1
Centaurus Metals Limited 397.2M 68 69 76 60 68 63 1
Bowen Coking Coal Limited 385.5M 68 69 76 60 68 64 1
Jupiter Mines Limited 372.2M 51 51 84 44 50 65 1
Galan Lithium Limited 362.2M 68 69 76 60 68 66 1
Talga Group Ltd 359.9M 53 48 76 70 62 67 1
BCI Minerals Limited 349.8M 62 54 76 49 60 68 1
Metals X Limited 344.8M 70 81 72 55 68 69 1
Pantoro Limited 330.8M 68 69 76 60 68 70 1
Aurelia Metals Limited 327.8M 72 58 54 49 60 71 1
Macmahon Holdings Limited 283.7M 72 53 46 57 62 72 1
Lotus Resources Limited 277.3M 68 69 76 60 68 73 1
Firefinch Limited 236.2M 68 69 76 60 68 74 1
Andromeda Metals Limited 229.8M 68 69 76 60 68 75 1

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