Is LiCycle Holdings (USA Stocks:LICY) valuation viable?

LiCycle Holdings Corp has $509.6 million in liabilities and a Debt to Equity (D/E) ratio of 0.65, which is fairly typical for its industry peers. With a current ratio of 16.91, the company appears to be in a strong position to meet its short-term financial obligations. It's important to consider LiCycle's debt alongside its cash reserves and equity. We offer trading recommendations that align with the latest expert consensus on LiCycle Holdings Corp. Our recommendation engine uses a sophisticated algorithm to evaluate the company's growth potential, drawing on a comprehensive analysis of both technical and fundamental data.

Main Ideas

Li-Cycle Holdings, with its current valuation of 527.69M, presents an intriguing opportunity when examined from a valuation standpoint, particularly considering its price-to-book ratio of just 0.27X. This low ratio might suggest that the stock is undervalued relative to its assets, but potential investors should weigh this against the company's financial challenges, including a net income loss of 138M, which raises questions about its profitability and long-term viability.
Published over two weeks ago
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Reviewed by Rifka Kats

Li-Cycle Holdings Corp (NYSE: LICY), a key player in the waste management industry, has caught the attention of investors looking for opportunities in the industrials sector. However, assessing its investment potential requires a careful look at its financial metrics. The company currently shows a net income loss of $138 million, raising questions about its profitability. Despite this, Li-Cycle boasts a robust current ratio of 17.25X, indicating strong liquidity and the ability to meet its short-term obligations. Additionally, with a current valuation of $527.69 million, investors must weigh whether the high probability of bankruptcy, sitting at 94.73%, overshadows its liquidity strengths. Understanding these figures will help determine if Li-Cycle's valuation is indeed compelling or if caution is warranted. While some millennials might overlook the commercial services and supplies sector, taking a closer look at LiCycle Holdings Corp could be worthwhile. Let's explore whether LiCycle can still achieve above-average profit margins. Is the company's current valuation sustainable? We'll examine the key factors influencing LiCycle's valuation to provide you with a clearer perspective on whether investing in this stock makes sense.
We determine the current worth of LiCycle Holdings Corp using both absolute as well as relative valuation methodologies to arrive at its intrinsic value. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of LiCycle Holdings Corp based exclusively on its fundamental and basic technical indicators. By analyzing LiCycle Holdings's financials, quarterly and monthly indicators, and related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of LiCycle Holdings's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of LiCycle Holdings. We calculate exposure to LiCycle Holdings's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to LiCycle Holdings's related companies.

LiCycle Holdings Corp Investment Alerts

LiCycle investment alerts and warnings help investors to get more proficient at understanding not only critical technical and fundamental signals but also the significant portfolio-centered indicators. These indicators include beta, alpha, and other risk-related measures that will help you in monitoring LiCycle Holdings Corp performance across your portfolios.Please check all investment alerts for LiCycle

LiCycle Holdings Valuation Ratios as Compared to Competition

Our valuation model uses many indicators to compare LiCycle value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across LiCycle Holdings competition to find correlations between indicators driving the intrinsic value of LiCycle.

LiCycle Holdings Gross Profit

LiCycle Holdings Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing LiCycle Holdings previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show LiCycle Holdings Gross Profit growth over the last 10 years. Please check LiCycle Holdings' gross profit and other fundamental indicators for more details.

Is LiCycle Holdings valued reasonably by the market?

The entity reported the previous year's revenue of 18.3 M. Net Loss for the year was (138 M) with loss before overhead, payroll, taxes, and interest of (3.2 M).
 2021 2022 2023 2024 (projected)
Other Current Liab9.3M75.7M87.1M91.4M
Total Assets665.1M886M1.0B540.2M

Margins Breakdown

LiCycle profit margins show the degree to which it makes money. Margin indicators are used not only by investors but also by creditors or LiCycle Holdings itself as indicators of financial health and management effectiveness. Please look more closely at the different varieties of LiCycle Holdings profit margins.
Pretax Profit Margin(7.12)
Operating Profit Margin(8.25)
Net Profit Margin(7.13)
Gross Profit Margin(3.92)
LiCycle Holdings Book Value Per Share is fairly stable at the moment. LiCycle Holdings Days Sales Outstanding is decreasing over the last 7 years. Furthermore, LiCycle Holdings PTB Ratio is decreasing over the last 7 years. LiCycle Holdings Book Value Per Share is fairly stable at the moment.
LiCycle Holdings Days Sales Outstanding is decreasing over the last 7 years. The current value of LiCycle Holdings Days Sales Outstanding is 63.19. Furthermore, LiCycle Holdings PTB Ratio is decreasing over the last 7 years. In investing, timing can be everything, and with Li-Cycle Holdings (NYSE: LICY), the question is whether the current valuation offers a window of opportunity. Despite a challenging financial landscape marked by an operating loss of 159.8 million and a probability of bankruptcy at 94.73%, the company's price-to-book ratio of 0.27X suggests the stock is trading at a significant discount to its book value. This could imply a potential upside for investors willing to navigate the risks associated with the waste management industry. However, with a total debt of 509.6 million and a return on equity of negative 0.64, the financial headwinds are significant. Investors must weigh these factors carefully to determine if the potential rewards outweigh the risks..

Will LiCycle Holdings growth be real after the rise?

LiCycle Holdings Corp's stock has recently experienced a shift, with its skewness now at 1.61. This indicates a more balanced distribution of returns, suggesting that the stock's price movements are becoming less erratic. Investors are closely monitoring whether this stability will lead to actual growth, especially following its recent uptick. As LiCycle expands its battery recycling operations, the market is eager to see if this momentum can be maintained and if the company's growth prospects are as promising as they seem. Despite this, LiCycle's stock still exhibits above-average volatility, which can be challenging for investors.
During bear markets, heightened volatility can significantly impact stock prices, prompting investors to adjust their portfolios by exploring different financial instruments as prices fluctuate.Considering LiCycle Holdings Corp's current stock price, potential investors should weigh the opportunities and risks carefully. With an analyst target price estimated at $7.13, there's a notable upside from its current valuation. However, the possible downside price of $0.038 suggests caution is warranted. The analyst consensus leans towards a "Buy," but with only one buy recommendation and two holds, it's clear that opinions are mixed. As the fiscal year ends in December, keeping an eye on upcoming financial reports could provide further clarity. Balancing these factors, investors should approach LiCycle with a strategy that aligns with their risk tolerance and investment goals..

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Editorial Staff

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