ABAT vs LAR vs SLI Stock Comparison

American Battery Technology, Lithium Argentina AG and Standard Lithium Prices as of Oct 26, 2026 Peers: Industry group
LAR Lithium Argentina AG
$4.16 -24.8% 1M -7.1% 1Y
Market cap
$729.77M
P/E
–
Revenue (TTM)
$225.80M
Div. yield
–
Lithium Basic Materials
6 wins
SLI Standard Lithium Ltd.
$1.38 -25.4% 1M -67.3% 1Y
Market cap
$305.43M
P/E
–
Revenue (TTM)
$6.02M
Div. yield
–
Lithium Basic Materials
2 wins

Head to Head

8 decided of 12

Lithium Argentina AG leads on 6 of the 12 questions below (Lithium Argentina AG 6, Standard Lithium 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionABATLARSLILeader
Larger companyMarket capitalisation $178.18M $729.77M $305.43M LAR
Cheaper on earningsLower P/E, profitable companies only -2.4x -13.5x -6.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 18.9x — –
Faster revenue growthRevenue growth, trailing twelve months +406.8% +371.3% +575.1% SLI
More profitableNet margin, trailing twelve months -337.5% -23.9% -791.4% LAR
Better return on capitalReturn on invested capital — 0.0% — –
Less leveragedLower net debt / EBITDA 0.6x -3.4x — LAR
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -78.6% -7.1% -67.3% LAR
Better 5-year returnAnnualised price return, 5 years -41.8%/yr -17.1%/yr -35.5%/yr LAR
Less volatileAnnualised volatility, 1 year 93.6% 74.2% 66.8% SLI
Higher overall scoreMean of the five percentile scores vs peers 29/100 66/100 59/100 LAR

Percentile Scorecard

ABATLARSLI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisABATLARSLI
Valuation 13 #141 of 162 71 #47 of 162 34 #108 of 162
Growth 36 #95 of 147 74 #39 of 147 67 #49 of 147
Profitability 10 #110 of 122 41 #73 of 122 17 #102 of 122
Financial Health 77 #38 of 165 74 #43 of 165 79 #35 of 165
Shareholder Returns 7 #100 of 107 72 #31 of 107 96 #5 of 107
Overall 29 66 59
  • ABAT ranked among 176 companies in Metals and Mining
  • LAR ranked among 176 companies in Metals and Mining
  • SLI ranked among 176 companies in Metals and Mining

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodABATLARSLISPY
1 month -43.4%-24.8%-25.4% -0.8%
3 months -43.6%-29.4%-35.5% +3.5%
6 months -61.3%-58.3%-64.9% +7.0%
Year to date -61.7%-25.4%-69.1% +12.2%
1 year -78.6%-7.1%-67.3% +13.0%
3 years -69.8%-28.4%-49.6% +86.3%
3 years, per year -32.9%-10.5%-20.4% +23.1%
5 years -93.3%-60.9%-88.8% +68.6%
5 years, per year -41.8%-17.1%-35.5% +11.0%
10 years -78.1%+255.6%— +258.0%
10 years, per year -14.1%+13.5%— +13.6%

Risk

MeasureABATLARSLISPY
Volatility, 1Y 93.6%74.2%66.8% 12.7%
Downside volatility, 1Y 91.3%72.6%72.7% 12.7%
Beta vs S&P 500, 1Y 3.512.592.15 1.00
Return / volatility, 1Y -0.84-0.10-1.01 1.02
Max drawdown, 5Y -97.0%-89.5%-91.5% -25.4%
From 52-week high -76.3%-64.7%-75.6% -1.8%
52-week high $5.39$11.79$5.65 $779.14
52-week low $1.28$3.72$1.38 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleABATLARSLI
P/E now vs peer median -2.2xmedian 12.8x -12.5xmedian 12.8x -6.0xmedian 12.8x
P/S now vs peer median 8.3xmedian 3.1x 3.0xmedian 3.1x 54.9xmedian 3.1x
EV/EBITDA now vs peer median -2.0xmedian 7.0x 3.5xmedian 7.0x —median 7.0x
P/FCF now vs peer median -4.8xmedian 15.2x -33.9xmedian 15.2x -22.6xmedian 15.2x
P/B now vs peer median 1.4xmedian 2.1x 0.8xmedian 2.1x 0.9xmedian 2.1x
PEG now vs peer median 0.52median 0.29 0.22median 0.29 —median 0.29

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsABATLARSLI
Revenue $21.74M $225.80M $6.02M
Gross profit -$3.09M $110.90M –
Operating income -$74.71M $256.12M -$22.81M
Net income -$73.38M -$18.74M -$47.66M
Free cash flow -$37.81M -$19.96M -$14.63M
R&D $17.87M $4.53M –
EPS (diluted) $-0.58 $-0.33 $-0.23
Cash & equivalents $49.52M $99.72M $137.30M
Total debt $8.00M -$925.15M –
Shares (diluted) 127.58M 162.17M 206.37M
Enterprise value $10.56M $289.36M -$364.57M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricABATLARSLI
P/E -2.2x -12.5x -6.0x
P/FCF -4.8x -33.9x -22.6x
P/Operating cash flow -7.5x -33.9x -22.6x
P/S 8.3x 3.0x 54.9x
P/B 1.4x 0.8x 0.9x
P/Tangible book 1.5x 0.8x 0.9x
EV/EBITDA -2.0x 3.5x –
EV/EBIT -1.9x 3.6x -6.2x
EV/Revenue 6.4x 1.5x 23.6x
EV/FCF -3.7x -17.2x -9.7x
EV/Operating cash flow -5.8x -17.2x -9.7x
PEG (3Y EPS CAGR) 0.52 0.22 –

Growth

14 metrics
MetricABATLARSLI
Revenue growth (1Y) 406.8% 371.3% 575.1%
Revenue CAGR (3Y) – – –
Gross profit growth (1Y) 70.8% 32,338% –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -77.8% 213.4% -363.9%
Operating income CAGR (3Y) -49.3% – –
Net income growth (1Y) -56.9% 48.1% 69.6%
Net income CAGR (3Y) -49.0% -17.8% –
EPS growth (1Y) 1.2% 95.8% 72.6%
EPS CAGR (3Y) -4.3% -57.1% –
Operating cash flow growth (1Y) 16.2% 39.6% 12.4%
Operating cash flow CAGR (3Y) -21.9% 31.4% –
Free cash flow growth (1Y) -20.1% 43.8% 32.6%
Free cash flow CAGR (3Y) 8.9% 31.2% –

Profitability

14 metrics
MetricABATLARSLI
Gross margin -14.2% 49.1% –
EBITDA margin -320.6% 43.1% –
Operating margin -343.6% 113.4% -378.8%
Pretax margin -339.1% -12.2% -867.8%
Net margin -337.5% -23.9% -791.4%
FCF margin -173.9% -8.8% -242.9%
Operating cash flow margin -111.4% -8.8% -242.6%
Return on equity -61.7% 1.6% -13.0%
Return on assets -58.5% 1.2% -12.1%
Return on invested capital – 0.0% –
Return on capital employed -62.4% 6.9% -5.9%
Asset turnover 0.2x 0.2x 0.0x
Cash conversion (OCF / net income) 0.3x 1.1x 0.3x
Stock comp / revenue 213.9% 6.9% 104.0%

Financial Health

11 metrics
MetricABATLARSLI
Debt / assets 6.0% -14.7% –
Debt / equity 0.1x -0.2x –
Net debt / EBITDA 0.6x -3.4x –
Debt / FCF -0.2x 8.5x –
Liabilities / assets 4.9% 27.2% 7.1%
Equity / assets 95.1% 72.8% 92.9%
Interest coverage -76.2x 161.6x -950.4x
Current ratio 9.5x -2.0x 17.9x
Quick ratio 8.9x -0.7x 23.6x
Cash ratio 7.7x -0.7x 23.3x
Altman Z-score 12.13 1.63 6.96

Shareholder Returns

7 metrics
MetricABATLARSLI
Dividend yield – – –
Net buyback yield -42.2% -0.2% 4.2%
Shareholder yield -42.2% -0.2% 4.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusABATLARSLI
Forward P/E – 18.9xFY2026 –
EPS, next fiscal year – $0.22FY2026 –
EPS growth, the year after – +27.3% –
Revenue, next fiscal year – $0.00FY2026 –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersABATLARSLI
Held by institutions 36.6% 33.9% 31.0%
Institutions holding 176 164 137
Change in shares held, QoQ +5.9% +0.6% +2.1%
Institutions buying 102 75 60
Institutions selling 33 48 33
Buyers to sellers 3.09 1.56 1.82

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ABATLARSLI
ABAT 1.00 0.48 0.53
LAR 0.48 1.00 0.66
SLI 0.53 0.66 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ABAT, LAR and SLI?

Lithium Argentina AG (LAR) is the largest by market capitalisation: American Battery Technology (ABAT) $178.18M, Lithium Argentina AG (LAR) $729.77M, Standard Lithium (SLI) $305.43M.

Which company is growing faster?

Standard Lithium (SLI) grew revenue fastest over the trailing twelve months: American Battery Technology (ABAT) +406.8%, Lithium Argentina AG (LAR) +371.3%, Standard Lithium (SLI) +575.1%.

Which company is more profitable?

Lithium Argentina AG (LAR) has the highest net margin (American Battery Technology (ABAT) -337.5%, Lithium Argentina AG (LAR) -23.9%, Standard Lithium (SLI) -791.4%).

Which stock has performed better?

Over the past year Lithium Argentina AG (LAR) returned the most: American Battery Technology (ABAT) -78.6%, Lithium Argentina AG (LAR) -7.1%, Standard Lithium (SLI) -67.3%. Over five years, Lithium Argentina AG (LAR) compounded fastest (American Battery Technology (ABAT) -41.8%/yr, Lithium Argentina AG (LAR) -17.1%/yr, Standard Lithium (SLI) -35.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Standard Lithium (SLI) has been the steadiest (American Battery Technology (ABAT) 93.6%, Lithium Argentina AG (LAR) 74.2%, Standard Lithium (SLI) 66.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ABAT, LAR and SLI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Lithium Argentina AG (LAR) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.