EMAT vs SQM vs IPX Stock Comparison

Evolution Metals & Technologies, Chemical & Mining Co Of Chile and Iperionx Prices as of Nov 3, 2026 Peers: Industry group
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IPX IPERIONX Ltd
$14.89 -12.3% 1M -64.3% 1Y
Market cap
$510.49M
P/E
–
Revenue (TTM)
—
Div. yield
–
Copper Basic Materials

Head to Head

5 decided of 12

Chemical & Mining Co Of Chile leads on 5 of the 12 questions below (Chemical & Mining Co Of Chile 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEMATSQMIPXLeader
Larger companyMarket capitalisation $1.17B $16.40B $510.49M SQM
Cheaper on earningsLower P/E, profitable companies only -2.6x 11.8x -7.5x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 7.5x — –
Faster revenue growthRevenue growth, trailing twelve months — +59.0% — –
More profitableNet margin, trailing twelve months -9,992.8% 20.6% — SQM
Better return on capitalReturn on invested capital — 22.8% — –
Less leveragedLower net debt / EBITDA — 0.2x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -86.3% +10.5% -64.3% SQM
Better 5-year returnAnnualised price return, 5 years — -4.1%/yr — –
Less volatileAnnualised volatility, 1 year 190.1% 47.5% 86.0% SQM
Higher overall scoreMean of the five percentile scores vs peers 11/100 70/100 — SQM

Percentile Scorecard

EMATSQMIPX

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

AxisEMATSQMIPX
Valuation 25 #127 of 168 81 #33 of 168 6 #158 of 168
Growth 1 #150 of 152 67 #51 of 152 –
Profitability 7 #115 of 124 81 #24 of 124 –
Financial Health 10 #149 of 166 30 #116 of 166 56 #74 of 166
Shareholder Returns – 92 #10 of 115 –
Overall 11 70 –
  • EMAT ranked among 177 companies in Metals and Mining
  • SQM ranked among 177 companies in Metals and Mining
  • IPX ranked among 177 companies in Metals and Mining

Price Performance

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

Returns

PeriodEMATSQMIPXSPY
1 month -19.6%-16.7%-12.3% -2.0%
3 months -43.3%-21.7%-37.0% -2.2%
6 months -82.7%-42.0%-56.0% +4.2%
Year to date -85.1%-21.9%-58.9% +10.6%
1 year -86.3%+10.5%-64.3% +10.4%
3 years -84.7%+7.9%+64.0% +73.6%
3 years, per year -46.5%+2.6%+17.9% +20.2%
5 years —-18.9%— +61.6%
5 years, per year —-4.1%— +10.1%
10 years —+84.2%— +261.3%
10 years, per year —+6.3%— +13.7%

Risk

MeasureEMATSQMIPXSPY
Volatility, 1Y 190.1%47.5%86.0% 12.8%
Downside volatility, 1Y 158.6%44.4%93.5% 12.8%
Beta vs S&P 500, 1Y 0.491.043.67 1.00
Return / volatility, 1Y -0.450.22-0.75 0.81
Max drawdown, 5Y -93.7%-73.5%-79.3% -25.4%
From 52-week high -92.3%-43.6%-75.2% -3.2%
52-week high $21.29$95.31$60.11 $779.14
52-week low $1.35$46.10$12.44 $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.

MultipleEMATSQMIPX
P/E now vs peer median -2.3xmedian 12.4x 11.1xmedian 12.4x -7.5xmedian 12.4x
P/S now vs peer median 225.0xmedian 2.9x 2.3xmedian 2.9x -317.0xmedian 2.9x
EV/EBITDA now vs peer median —median 7.2x 4.6xmedian 7.2x —median 7.2x
P/FCF now vs peer median -52.5xmedian 14.8x —median 14.8x -7.9xmedian 14.8x
P/B now vs peer median -54.1xmedian 2.1x 1.8xmedian 2.1x 5.7xmedian 2.1x
PEG now vs peer median 0.07median 0.26 -1.54median 0.26 —median 0.26

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 monthsEMATSQMIPX
Revenue $4.53M $6.73B –
Gross profit – $2.83B –
Operating income -$28.67M $3.11B –
Net income -$452.97M $1.39B –
Free cash flow -$19.42M – –
EPS (diluted) $-0.73 $4.86 –
Cash & equivalents $5.25M $3.38B $35.24M
Total debt $6.18M $5.22B $32.45M
Shares (diluted) 621.76M 285.64M 33.57M
Enterprise value $1.15B $3.06B $277.48M

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
MetricEMATSQMIPX
P/E -2.3x 11.1x -7.5x
P/FCF -52.5x – -7.9x
P/Operating cash flow -87.3x – –
P/S 225.0x 2.3x -317.0x
P/B -54.1x 1.8x 5.7x
P/Tangible book -40.5x 1.8x 6.6x
EV/EBITDA – 4.6x –
EV/EBIT -35.6x 5.2x –
EV/Revenue 225.2x 2.4x –
EV/FCF -52.6x – –
EV/Operating cash flow -87.4x – –
PEG (3Y EPS CAGR) 0.07 -1.54 –

Growth

14 metrics
MetricEMATSQMIPX
Revenue growth (1Y) – 59.0% –
Revenue CAGR (3Y) – 9.0% –
Gross profit growth (1Y) – 150.2% –
Gross profit CAGR (3Y) – 4.2% –
Operating income growth (1Y) -332.1% 134.4% –
Operating income CAGR (3Y) – -16.6% –
Net income growth (1Y) -659.7% 190.5% –
Net income CAGR (3Y) -529.4% -7.2% –
EPS growth (1Y) -455.6% 190.5% –
EPS CAGR (3Y) -33.4% -7.2% –
Operating cash flow growth (1Y) -118.3% – –
Operating cash flow CAGR (3Y) -133.3% – –
Free cash flow growth (1Y) -262.8% – –
Free cash flow CAGR (3Y) -176.4% – –

Profitability

14 metrics
MetricEMATSQMIPX
Gross margin – 42.1% –
EBITDA margin – 52.7% –
Operating margin -632.5% 46.2% –
Pretax margin -9,994% 36.6% –
Net margin -9,993% 20.6% –
FCF margin -428.4% – –
Operating cash flow margin -257.8% – –
Return on equity – 16.4% –
Return on assets -501.3% 8.6% –
Return on invested capital – 22.8% –
Return on capital employed – 23.4% –
Asset turnover 0.1x 0.4x –
Cash conversion (OCF / net income) 0.0x – –
Stock comp / revenue – – –

Financial Health

11 metrics
MetricEMATSQMIPX
Debt / assets 6.5% 31.3% 30.7%
Debt / equity -0.3x 0.6x 0.4x
Net debt / EBITDA – 0.2x –
Debt / FCF -0.3x – –
Liabilities / assets 119.8% 47.9% 16.5%
Equity / assets -19.8% 52.1% 83.5%
Interest coverage – 15.3x –
Current ratio 0.2x 2.6x 3.2x
Quick ratio 0.2x 1.8x 2.8x
Cash ratio 0.1x 1.5x 2.6x
Altman Z-score -13.23 – –

Shareholder Returns

7 metrics
MetricEMATSQMIPX
Dividend yield – 4.5% –
Net buyback yield – – –
Shareholder yield – 4.5% 0.0%
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.

ConsensusEMATSQMIPX
Forward P/E – 7.5xFY2026 –
EPS, next fiscal year $-0.43FY2026 $7.12FY2026 $-0.17FY2027
EPS growth, next FY – +245.6%FY2026 –
EPS growth, the year after – -2.5% –
Revenue, next fiscal year $15.71MFY2026 $8.37BFY2026 $22.33MFY2027
Revenue growth, next FY +124.4%FY2026 +82.7%FY2026 –
Revenue growth, the year after +2,427.0% +2.9% +331.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEMATSQMIPX
Held by institutions – 13.4% 13.9%
Institutions holding – 317 59
Change in shares held, QoQ – -3.0% +9.4%
Institutions buying – 166 46
Institutions selling – 101 7
Buyers to sellers – 1.64 6.57

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.

EMATSQMIPX
EMAT 1.00 0.13 0.12
SQM 0.13 1.00 0.42
IPX 0.12 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EMAT, SQM and IPX?

Chemical & Mining Co Of Chile (SQM) is the largest by market capitalisation: Evolution Metals & Technologies (EMAT) $1.17B, Chemical & Mining Co Of Chile (SQM) $16.40B, Iperionx (IPX) $510.49M.

Which company is more profitable?

Chemical & Mining Co Of Chile (SQM) has the highest net margin (Evolution Metals & Technologies (EMAT) -9,992.8%, Chemical & Mining Co Of Chile (SQM) 20.6%).

Which stock has performed better?

Over the past year Chemical & Mining Co Of Chile (SQM) returned the most: Evolution Metals & Technologies (EMAT) -86.3%, Chemical & Mining Co Of Chile (SQM) +10.5%, Iperionx (IPX) -64.3%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Chemical & Mining Co Of Chile (SQM) has been the steadiest (Evolution Metals & Technologies (EMAT) 190.1%, Chemical & Mining Co Of Chile (SQM) 47.5%, Iperionx (IPX) 86.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EMAT, SQM and IPX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Chemical & Mining Co Of Chile (SQM) leads on 5. 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.