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Albemarle Corporation provides energy storage solutions worldwide. It operates through three segments: Energy Storage, Specialties, and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride for use in lithium batteries used in consumer electronics and electric vehicles, power grids and solar panels, high performance greases, specialty glass used in consumer appliances and electronics, organic synthesis processes in the areas of steroid chemistry and vitamins, and various life science applications, as well as intermediates in the pharmaceutical industry; technical services, including handling and use of reactive lithium products; and recycling services for lithium-containing by-products. The Specialties segment provides bromine and highly specialized lithium solutions for various industries, such as energy, mobility, connectivity, and health comprising fire safety compounds; bromine-based specialty chemicals products, including elemental bromine, alkyl bromides, inorganic bromides, brominated powdered activated carbon, and various bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators. The Ketjen segment offers clean fuels technologies, including hydroprocessing catalysts together with isomerization and akylation catalysts; fluidized catalytic cracking catalysts and additives; and performance catalyst solutions comprising organometallics and curatives. It serves grid storage, automotive, aerospace, conventional energy, electronics, construction, agriculture and food, pharmaceuticals and medical device industries. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
Lithium Market Dynamics | Explore Albemarle's position amidst lithium price volatility, oversupply concerns, and potential future undersupply risks shaping the industry landscape |
Financial Resilience | Analyst projections for Albemarle vary widely, with FY 2024 EBITDA estimates ranging from $1.06 billion to $1.39 billion, reflecting market uncertainties |
Strategic Adaptation | Delve into Albemarle's cost reduction initiatives, targeting $300-400 million in improvements by 2025, and its approach to capital expenditure management |
Competitive Landscape | Learn how Albemarle navigates intensifying competition, particularly from Chinese producers, while leveraging its low-cost, high-quality lithium resources |
Metrics to compare | ALB | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipALBPeersSector | |
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P/E Ratio | −5.5x | 11.4x | 1.6x | |
PEG Ratio | 0.01 | 0.14 | 0.00 | |
Price/Book | 0.9x | 1.3x | 1.6x | |
Price / LTM Sales | 1.4x | 0.9x | 1.2x | |
Upside (Analyst Target) | 23.5% | 19.2% | 24.6% | |
Fair Value Upside | Unlock | 11.9% | 3.5% | Unlock |