SLI vs ATLX vs LAR Stock Comparison

Standard Lithium, Atlas Lithium and Lithium Argentina AG Prices as of Oct 26, 2026 Peers: Industry group
SLI Standard Lithium Ltd.
$1.38 -25.4% 1M -67.3% 1Y
Market cap
$303.39M
P/E
–
Revenue (TTM)
$6.02M
Div. yield
–
Lithium Basic Materials
2 wins
ATLX Atlas Lithium Corp
$1.85 -31.5% 1M -67.9% 1Y
Market cap
$56.37M
P/E
–
Revenue (TTM)
$126.77K
Div. yield
–
Lithium Basic Materials
LAR Lithium Argentina AG
$4.16 -24.8% 1M -7.1% 1Y
Market cap
$737.96M
P/E
–
Revenue (TTM)
$225.80M
Div. yield
–
Lithium Basic Materials
6 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.

QuestionSLIATLXLARLeader
Larger companyMarket capitalisation $303.39M $56.37M $737.96M LAR
Cheaper on earningsLower P/E, profitable companies only -6.4x -1.5x -13.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 18.9x –
Faster revenue growthRevenue growth, trailing twelve months +575.1% -69.3% +371.3% SLI
More profitableNet margin, trailing twelve months -791.4% -29,435.3% -23.9% 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 -67.3% -67.9% -7.1% LAR
Better 5-year returnAnnualised price return, 5 years -35.5%/yr -21.7%/yr -17.1%/yr LAR
Less volatileAnnualised volatility, 1 year 66.8% 78.8% 74.2% SLI
Higher overall scoreMean of the five percentile scores vs peers 59/100 16/100 66/100 LAR

Percentile Scorecard

SLIATLXLAR

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

AxisSLIATLXLAR
Valuation 34 #108 of 162 5 #154 of 162 71 #47 of 162
Growth 67 #49 of 147 25 #110 of 147 74 #39 of 147
Profitability 17 #102 of 122 11 #109 of 122 41 #73 of 122
Financial Health 79 #35 of 165 40 #99 of 165 74 #43 of 165
Shareholder Returns 96 #5 of 107 1 #106 of 107 72 #31 of 107
Overall 59 16 66
  • SLI ranked among 176 companies in Metals and Mining
  • ATLX ranked among 176 companies in Metals and Mining
  • LAR 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

PeriodSLIATLXLARSPY
1 month -25.4%-31.5%-24.8% -0.8%
3 months -35.5%-35.8%-29.4% +3.5%
6 months -64.9%-61.3%-58.3% +7.0%
Year to date -69.1%-56.3%-25.4% +12.2%
1 year -67.3%-67.9%-7.1% +13.0%
3 years -49.6%-91.7%-28.4% +86.3%
3 years, per year -20.4%-56.3%-10.5% +23.1%
5 years -88.8%-70.5%-60.9% +68.6%
5 years, per year -35.5%-21.7%-17.1% +11.0%
10 years —-97.5%+255.6% +258.0%
10 years, per year —-30.9%+13.5% +13.6%

Risk

MeasureSLIATLXLARSPY
Volatility, 1Y 66.8%78.8%74.2% 12.7%
Downside volatility, 1Y 72.7%83.2%72.6% 12.7%
Beta vs S&P 500, 1Y 2.152.442.59 1.00
Return / volatility, 1Y -1.01-0.86-0.10 1.02
Max drawdown, 5Y -91.5%-95.5%-89.5% -25.4%
From 52-week high -75.6%-71.4%-64.7% -1.8%
52-week high $5.65$6.46$11.79 $779.14
52-week low $1.38$1.85$3.72 $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.

MultipleSLIATLXLAR
P/E now vs peer median -6.0xmedian 12.8x -1.5xmedian 12.8x -12.5xmedian 12.8x
P/S now vs peer median 54.9xmedian 3.1x 438.7xmedian 3.1x 3.0xmedian 3.1x
EV/EBITDA now vs peer median —median 7.0x -0.7xmedian 7.0x 3.5xmedian 7.0x
P/FCF now vs peer median -22.6xmedian 15.2x -1.6xmedian 15.2x -33.9xmedian 15.2x
P/B now vs peer median 0.9xmedian 2.1x 1.0xmedian 2.1x 0.8xmedian 2.1x
PEG now vs peer median —median 0.29 -0.12median 0.29 0.22median 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 monthsSLIATLXLAR
Revenue $6.02M $126.77K $225.80M
Gross profit – $93.51K $110.90M
Operating income -$22.81M -$44.33M $256.12M
Net income -$47.66M -$43.45M -$18.74M
Free cash flow -$14.63M -$35.25M -$19.96M
R&D – $8.24M $4.53M
EPS (diluted) $-0.23 $-1.27 $-0.33
Cash & equivalents $137.30M $36.09M $99.72M
Total debt – $30.46M -$925.15M
Shares (diluted) 206.37M 29.36M 162.17M
Enterprise value -$366.61M -$70.99M $297.54M

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
MetricSLIATLXLAR
P/E -6.0x -1.5x -12.5x
P/FCF -22.6x -1.6x -33.9x
P/Operating cash flow -22.6x -1.7x -33.9x
P/S 54.9x 438.7x 3.0x
P/B 0.9x 1.0x 0.8x
P/Tangible book 0.9x 1.0x 0.8x
EV/EBITDA – -0.7x 3.5x
EV/EBIT -6.2x -0.7x 3.6x
EV/Revenue 23.6x 233.2x 1.5x
EV/FCF -9.7x -0.8x -17.2x
EV/Operating cash flow -9.7x -0.9x -17.2x
PEG (3Y EPS CAGR) – -0.12 0.22

Growth

14 metrics
MetricSLIATLXLAR
Revenue growth (1Y) 575.1% -69.3% 371.3%
Revenue CAGR (3Y) – – –
Gross profit growth (1Y) – 1,960% 32,338%
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -363.9% -19.5% 213.4%
Operating income CAGR (3Y) – -35.0% –
Net income growth (1Y) 69.6% -15.0% 48.1%
Net income CAGR (3Y) – -34.0% -17.8%
EPS growth (1Y) 72.6% 34.0% 95.8%
EPS CAGR (3Y) – 11.8% -57.1%
Operating cash flow growth (1Y) 12.4% -103.0% 39.6%
Operating cash flow CAGR (3Y) – -76.4% 31.4%
Free cash flow growth (1Y) 32.6% -21.6% 43.8%
Free cash flow CAGR (3Y) – -96.3% 31.2%

Profitability

14 metrics
MetricSLIATLXLAR
Gross margin – 73.8% 49.1%
EBITDA margin – -34,866% 43.1%
Operating margin -378.8% -34,967% 113.4%
Pretax margin -867.8% -34,273% -12.2%
Net margin -791.4% -29,435% -23.9%
FCF margin -242.9% -27,809% -8.8%
Operating cash flow margin -242.6% -25,301% -8.8%
Return on equity -13.0% -81.6% 1.6%
Return on assets -12.1% -49.1% 1.2%
Return on invested capital – – 0.0%
Return on capital employed -5.9% -60.7% 6.9%
Asset turnover 0.0x 0.0x 0.2x
Cash conversion (OCF / net income) 0.3x 0.7x 1.1x
Stock comp / revenue 104.0% 8,646% 6.9%

Financial Health

11 metrics
MetricSLIATLXLAR
Debt / assets – 11.2% -14.7%
Debt / equity – 0.2x -0.2x
Net debt / EBITDA – 0.6x -3.4x
Debt / FCF – -0.3x 8.5x
Liabilities / assets 7.1% 39.9% 27.2%
Equity / assets 92.9% 60.1% 72.8%
Interest coverage -950.4x – 161.6x
Current ratio 17.9x 2.4x -2.0x
Quick ratio 23.6x 2.3x -0.7x
Cash ratio 23.3x 2.3x -0.7x
Altman Z-score 6.96 -3.43 1.63

Shareholder Returns

7 metrics
MetricSLIATLXLAR
Dividend yield – – –
Net buyback yield 4.2% -93.1% -0.2%
Shareholder yield 4.2% -93.1% -0.2%
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.

ConsensusSLIATLXLAR
Forward P/E – – 18.9xFY2026
EPS, next fiscal year – $-1.57FY2026 $0.22FY2026
EPS growth, the year after – – +27.3%
Revenue, next fiscal year – $94.14KFY2026 $0.00FY2026
Revenue growth, next FY – -5.9%FY2026 –
Revenue growth, the year after – +236,636.9% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSLIATLXLAR
Held by institutions 31.0% 9.5% 33.9%
Institutions holding 137 43 164
Change in shares held, QoQ +2.1% -44.5% +0.6%
Institutions buying 60 19 75
Institutions selling 33 9 48
Buyers to sellers 1.82 2.11 1.56

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.

SLIATLXLAR
SLI 1.00 0.51 0.66
ATLX 0.51 1.00 0.64
LAR 0.66 0.64 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SLI, ATLX and LAR?

Lithium Argentina AG (LAR) is the largest by market capitalisation: Standard Lithium (SLI) $303.39M, Atlas Lithium (ATLX) $56.37M, Lithium Argentina AG (LAR) $737.96M.

Which company is growing faster?

Standard Lithium (SLI) grew revenue fastest over the trailing twelve months: Standard Lithium (SLI) +575.1%, Atlas Lithium (ATLX) -69.3%, Lithium Argentina AG (LAR) +371.3%.

Which company is more profitable?

Lithium Argentina AG (LAR) has the highest net margin (Standard Lithium (SLI) -791.4%, Atlas Lithium (ATLX) -29,435.3%, Lithium Argentina AG (LAR) -23.9%).

Which stock has performed better?

Over the past year Lithium Argentina AG (LAR) returned the most: Standard Lithium (SLI) -67.3%, Atlas Lithium (ATLX) -67.9%, Lithium Argentina AG (LAR) -7.1%. Over five years, Lithium Argentina AG (LAR) compounded fastest (Standard Lithium (SLI) -35.5%/yr, Atlas Lithium (ATLX) -21.7%/yr, Lithium Argentina AG (LAR) -17.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Standard Lithium (SLI) has been the steadiest (Standard Lithium (SLI) 66.8%, Atlas Lithium (ATLX) 78.8%, Lithium Argentina AG (LAR) 74.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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.