Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Sigma Lithium share price today

Sigma Lithium Corporation · SGML · Materials · Other Industrial Metals & Mining · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Sigma Lithium share price: $5.62 at the close on 4 November 2026, +5.6% in a year.

$5.62Price +5.6% in a year
$54.7 MRevenue (Jun 2026) +223.9% on a year ago
−$2.6 MProfit (Jun 2026)
24.6%Operating margin +145.0 points on a year ago
−89%ROE FY25
9.9%ROIC against a 7.3% cost of capital: +2.6 points

Sigma Lithium Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been between phases. Over the last four quarters, results have been improving. What will decide it: the next one or two quarters of results.

What is the Sigma Lithium share price today?

Sigma Lithium Corporation's share price was $5.62 at the close on 4 November 2026. That is 55.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between $5 and $22, and at that close it sat 2% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 20 weeks running.

Nov 2026: $5.62, 55.9% below its 200-day average.

  • Price $5.62
  • 50-day avg $9.41
  • 200-day avg $12.75
Nov 2026: $5.62, 55.9% below its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$5.63––
18 Jul 2025$6.65––
25 Jul 2025$7.12––
1 Aug 2025$5.08––
8 Aug 2025$5.44––
15 Aug 2025$6.40––
22 Aug 2025$6.12––
29 Aug 2025$6.71––
5 Sep 2025$6.43––
12 Sep 2025$5.41––
19 Sep 2025$6.06$6.05–
26 Sep 2025$7.03$6.10–
3 Oct 2025$7.49$6.10–
10 Oct 2025$6.24$6.21–
17 Oct 2025$6.21$6.36–
24 Oct 2025$6.02$6.38–
31 Oct 2025$6.49$6.35–
7 Nov 2025$5.32$6.24–
14 Nov 2025$6.06$6.21–
21 Nov 2025$9.85$6.55–
28 Nov 2025$11.31$6.91–
5 Dec 2025$9.43$7.30–
12 Dec 2025$10.93$7.76–
19 Dec 2025$12.19$8.11–
26 Dec 2025$14.50$8.69–
2 Jan 2026$14.21$9.25–
9 Jan 2026$13.51$10.14–
16 Jan 2026$12.27$11.06–
23 Jan 2026$14.74$11.69–
30 Jan 2026$10.78$12.33–
6 Feb 2026$12.22$12.56–
13 Feb 2026$13.35$12.76–
20 Feb 2026$12.47$13.00–
27 Feb 2026$14.41$13.32–
6 Mar 2026$12.34$13.44–
13 Mar 2026$11.07$13.30–
20 Mar 2026$9.04$12.86–
27 Mar 2026$10.46$12.40–
2 Apr 2026$14.37$12.35–
10 Apr 2026$14.85$12.45–
17 Apr 2026$19.72$13.15–
24 Apr 2026$19.69$14.02$9.91
1 May 2026$21.97$14.84$10.30
8 May 2026$21.71$15.70$10.70
15 May 2026$16.82$16.27$11.01
22 May 2026$14.88$16.53$11.26
29 May 2026$16.77$16.90$11.45
5 Jun 2026$13.28$17.41$11.68
12 Jun 2026$15.98$17.71$11.89
18 Jun 2026$13.65$17.72$12.05
26 Jun 2026$11.71$17.33$12.21
2 Jul 2026$12.29$16.65$12.34
10 Jul 2026$11.91$15.78$12.49
17 Jul 2026$10.26$14.67$12.60
24 Jul 2026$9.63$13.49$12.68
31 Jul 2026$9.87$12.80$12.74
7 Aug 2026$11.38$12.36$12.85
14 Aug 2026$11.99$11.93$12.99
21 Aug 2026$11.97$11.68$13.13
28 Aug 2026$12.26$11.40$13.30
4 Sep 2026$12.39$11.37$13.46
11 Sep 2026$9.50$11.21$13.48
18 Sep 2026$9.97$10.93$13.44
25 Sep 2026$9.58$10.80$13.44
2 Oct 2026$9.09$10.70$13.39
9 Oct 2026$9.35$10.69$13.34
16 Oct 2026$8.53$10.50$13.21
23 Oct 2026$7.83$10.15$13.04
30 Oct 2026$7.00$9.81$12.86
4 Nov 2026$5.62$9.41$12.75
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 30 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025+6.1%
17 Oct 2025−12.5%
24 Oct 2025−21.8%
31 Oct 2025+18.1%
7 Nov 2025−7.5%
14 Nov 2025−9.7%
21 Nov 2025+58.8%
28 Nov 2025+62.6%
5 Dec 2025+40.7%
12 Dec 2025+98.3%
19 Dec 2025+98.6%
26 Dec 2025+102.0%
2 Jan 2026+87.6%
9 Jan 2026+110.2%
16 Jan 2026+93.5%
23 Jan 2026+143.1%
30 Jan 2026+64.6%
6 Feb 2026+126.8%
13 Feb 2026+118.8%
20 Feb 2026+22.0%
27 Feb 2026+27.0%
6 Mar 2026+32.8%
13 Mar 2026+4.1%
20 Mar 2026−21.1%
27 Mar 2026−19.7%
2 Apr 2026+5.1%
10 Apr 2026+12.0%
17 Apr 2026+58.0%
24 Apr 2026+30.0%
1 May 2026+99.7%
8 May 2026+70.9%
15 May 2026+17.6%
22 May 2026+11.2%
29 May 2026+6.1%
5 Jun 2026−2.1%
12 Jun 2026+32.4%
18 Jun 2026+35.9%
26 Jun 2026−3.0%
2 Jul 2026−28.0%
10 Jul 2026−30.9%
17 Jul 2026−52.6%
24 Jul 2026−54.6%
31 Jul 2026−58.7%
7 Aug 2026−52.4%
14 Aug 2026−33.7%
21 Aug 2026−22.2%
28 Aug 2026−28.6%
4 Sep 2026−11.1%
11 Sep 2026−43.6%
18 Sep 2026−29.0%
25 Sep 2026−24.0%
2 Oct 2026−29.4%
9 Oct 2026−24.6%
16 Oct 2026−19.5%
23 Oct 2026−21.5%
30 Oct 2026−30.2%
4 Nov 2026−49.8%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved +0% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Sigma Lithium pay?

Sigma Lithium Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Sigma Lithium on?

Sigma Lithium is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Sigma Lithium profitable?

Sigma Lithium Corporation posted a net loss of $2.6 M in the Jun 2026 quarter. The full FY25 year was a loss of $50.2 M. That loss is 4.8% of the quarter's revenue. The same quarter a year earlier lost $18.9 M. 9 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY25 profit −$50.2 M

  • Net profit −$50.2 M
FY25 profit −$50.2 M
QuarterNet profit
FY23−$29.0 M
FY24−$51.4 M
FY25−$50.2 M
Net profit each year, $ M. 3-year window. A grey bar is lower than the year before.

Jun 2026: −$2.6 M

  • Net profit (quarterly) −$2.6 M
Jun 2026: −$2.6 M
QuarterNet profit (quarterly)
Sep 2023$36.1 M
Dec 2023−$9.6 M
Mar 2024−$6.9 M
Jun 2024−$10.8 M
Sep 2024−$25.1 M
Dec 2024−$8.5 M
Mar 2025$4.7 M
Jun 2025−$18.9 M
Sep 2025−$11.6 M
Dec 2025−$24.5 M
Mar 2026$11.1 M
Jun 2026−$2.6 M

Growth on a year earlier

  • Growth on a year earlier 135.4%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024−169.5%
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 2026135.4%
Jun 2026–
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Sigma Lithium make, and is it growing?

Sigma Lithium Corporation reported $54.7 M of revenue in the Jun 2026 quarter, +223.9% on the same quarter a year earlier. Over 2 years it has grown −10.5% a year on average. The last full year, FY25, came in at $110 M. The last four reported quarters add to $142 M.

Revenue is everything the company billed its customers in the period.

FY25 revenue was $110 M, −27.3% on the year before.

FY25 revenue $110 M (−27.3% on the year before), −10.5% a year over 2 years

  • Revenue $110 M
FY25 revenue $110 M (−27.3% on the year before), −10.5% a year over 2 years
QuarterRevenue
FY23$137 M
FY24$151 M
FY25$110 M

Growth on a year earlier

  • Growth on a year earlier −27.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY23–
FY2410.3%
FY25−27.3%
Top: revenue each year, $ M. Below: growth on the year before, %. 3-year window. A grey bar is lower than the year before.

Jun 2026: $54.7 M (+223.9% on a year earlier)

  • Revenue (quarterly) $54.7 M
Jun 2026: $54.7 M (+223.9% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$96.0 M
Dec 2023$38.9 M
Mar 2024$37.2 M
Jun 2024$45.9 M
Sep 2024$20.9 M
Dec 2024$47.3 M
Mar 2025$47.7 M
Jun 2025$16.9 M
Sep 2025$28.5 M
Dec 2025$16.9 M
Mar 2026$42.3 M
Jun 2026$54.7 M

Growth on a year earlier

  • Growth on a year earlier 223.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024−78.2%
Dec 202421.8%
Mar 202528.1%
Jun 2025−63.2%
Sep 202536.6%
Dec 2025−64.3%
Mar 2026−11.2%
Jun 2026223.9%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +46.3% on average, against −10.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +7.3%, against −19.2% a year over the last 8 quarters (accelerating).

How much of every $100 of sales does Sigma Lithium keep?

Sigma Lithium Corporation's operating margin was 24.6% in the Jun 2026 quarter, 145.0 percentage points higher than the same quarter a year ago. Across 3 years it has been between −19.4% and −2.4%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +145.0 percentage points on the year while gross margin changed +146.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY25: −19.4%, within a range of −19.4% to −2.4% over 3 years

  • Operating margin −19.4%
FY25: −19.4%, within a range of −19.4% to −2.4% over 3 years
QuarterOperating margin
FY23−11.9%
FY24−2.4%
FY25−19.4%

Change on the year before (points)

  • Change on the year before (points) −17.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY23–
FY24+9.5 pts
FY25−17.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 3-year window.

Jun 2026: operating margin 24.6% (+145.0 points on a year earlier)

  • Operating margin 24.6%
Jun 2026: operating margin 24.6% (+145.0 points on a year earlier)
QuarterOperating margin
Sep 202351.3%
Dec 2023−18.8%
Mar 2024−1%
Jun 202412.1%
Sep 2024−75.4%
Dec 202414.9%
Mar 202514.1%
Jun 2025−120.4%
Sep 2025−32.4%
Dec 20259.5%
Mar 202650.2%
Jun 202624.6%

Change on a year earlier (points)

  • Change on a year earlier (points) +145.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024−126.7 pts
Dec 2024+33.7 pts
Mar 2025+15.1 pts
Jun 2025−132.5 pts
Sep 2025+43.0 pts
Dec 2025−5.4 pts
Mar 2026+36.1 pts
Jun 2026+145.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Sigma Lithium's profit turning into cash?

Sigma Lithium Corporation's cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $2.4 M of operating cash against −$50.2 M of profit. After $10.9 M of spending on assets, free cash was −$8.4 M: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $2.4 M against profit −$50.2 M

  • Operating cash $2.4 M
  • Net profit −$50.2 M
  • Free cash −$8.4 M
FY25: operating cash $2.4 M against profit −$50.2 M
QuarterOperating cashNet profitFree cash
FY23−$23.3 M−$29.0 M−$75.8 M
FY24−$18.3 M−$51.4 M−$38.2 M
FY25$2.4 M−$50.2 M−$8.4 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 3-year window, yearly figures.

Jun 2026: operating cash $29.9 M

  • Operating cash (quarterly) $29.9 M
Jun 2026: operating cash $29.9 M
QuarterOperating cash (quarterly)
Sep 2023−$6.2 M
Dec 2023$31.6 M
Mar 2024−$11.5 M
Jun 2024−$31.2 M
Sep 2024$32.9 M
Dec 2024−$8.5 M
Mar 2025−$2.2 M
Jun 2025−$6.0 M
Sep 2025$1.6 M
Dec 2025$9.0 M
Mar 2026−$2.7 M
Jun 2026$29.9 M

Operating cash as % of profit

  • Operating cash as % of profit −25%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023−17%
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025−46%
Jun 2025–
Sep 2025–
Dec 2025–
Mar 2026−25%
Jun 2026–
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Sigma Lithium's cash go?

Sigma Lithium Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $83.2 M on assets over the last 3 years. Averaged over those years that is 25.2% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $83.2 M over the last 3 years.

FY25: capex $10.9 M, down from the year before

  • Capex $10.9 M
FY25: capex $10.9 M, down from the year before
QuarterCapex
FY23$52.4 M
FY24$19.9 M
FY25$10.9 M
Capital spending each year, $ M.

Jun 2026: capex $1.5 M in the quarter

  • Capex (quarterly) $1.5 M
Jun 2026: capex $1.5 M in the quarter
QuarterCapex (quarterly)
Sep 2023$10.6 M
Dec 2023$5.6 M
Mar 2024$5.7 M
Jun 2024$7.8 M
Sep 2024$2.9 M
Dec 2024$3.4 M
Mar 2025$3.8 M
Jun 2025$3.3 M
Sep 2025$0.3 M
Dec 2025$3.6 M
Mar 2026$2.9 M
Jun 2026$1.5 M

Free cash

  • Free cash $28.4 M
Free cash
QuarterFree cash
Sep 2023−$16.8 M
Dec 2023$26.1 M
Mar 2024−$17.2 M
Jun 2024−$39.1 M
Sep 2024$30.0 M
Dec 2024−$11.9 M
Mar 2025−$5.9 M
Jun 2025−$9.3 M
Sep 2025$1.4 M
Dec 2025$5.4 M
Mar 2026−$5.6 M
Jun 2026$28.4 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Sigma Lithium's P/E ratio, and how does it compare with its own history?

Sigma Lithium Corporation has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Sigma Lithium Corporation at 5.8× its FY25 revenue of $110 M. The P/E comes back here once profit turns positive.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

PEG 0.51 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.51×
  • PEG = 1.0 1.00×
PEG 0.51 at the Jun 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Jun 20220.51×1.00×
Sep 20220.51×1.00×
Dec 20220.51×1.00×
Mar 20230.51×1.00×
Jun 20230.51×1.00×
Sep 20230.51×1.00×
Dec 20230.51×1.00×
Mar 20240.51×1.00×
Jun 20240.51×1.00×
Sep 20240.51×1.00×
Dec 20240.51×1.00×
Mar 20250.51×1.00×
Jun 20250.51×1.00×
Sep 20250.51×1.00×
Dec 20250.51×1.00×
Mar 20260.51×1.00×
Jun 20260.51×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 17 quarters.
—P/E · earnings negative
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Is the Sigma Lithium business getting better or worse?

Sigma Lithium Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −27.3% in FY25

  • Revenue growth −27.3%
Growth year by year: revenue −27.3% in FY25
QuarterRevenue growth
FY23–
FY2410.3%
FY25−27.3%
Growth on the year before, each year, %. Top: revenue. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating

  • Revenue 223.9%
Three growth lines over twelve quarters: revenue accelerating
QuarterRevenue
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024−78.2%
Dec 202421.8%
Mar 202528.1%
Jun 2025−63.2%
Sep 202536.6%
Dec 2025−64.3%
Mar 2026−11.2%
Jun 2026223.9%

Profit, EPS

  • Profit 135.4%
  • EPS −300%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024––
Jun 2024––
Sep 2024−169.5%–
Dec 2024––
Mar 2025––
Jun 2025–−300%
Sep 2025––
Dec 2025––
Mar 2026135.4%–
Jun 2026––
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROE: the return line, yearly figures

  • ROE −88.6%
ROE: the return line, yearly figures
QuarterROE
FY23−17.8%
FY24−55.7%
FY25−88.6%
Yearly figures: the quarterly balance-sheet figures this line needs are not available for this stock, so it changes once a year and counts for less in the reading.
RisingRevenue growth · latest +223.9%, range −78.2% to +78.2%
FallingROE · latest −88.6%, range −88.6% to −17.8%

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−27.3%———
Stock price+5.6%———
+223.9%Revenue growth (Jun 2026) · latest quarter against a year ago
−10.5%Revenue, 2 years · yearly growth over the long run

How much does Sigma Lithium earn on its capital?

Sigma Lithium Corporation earned a ROE of −89% in FY25. Its return on capital used (ROIC) is 2.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a −45.6% net margin and 0.37× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a −45.6% net margin × 0.37× asset turnover × 5.19× leverage (assets divided by equity) ≈ −87.6% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 9.9% − 7.3% = +2.6 percentage points. The 7.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

FY25: ROE −89%, the full history

  • ROE −88.6%
  • Cost of capital 7.3%
FY25: ROE −89%, the full history
QuarterROECost of capital
FY23−17.8%7.3%
FY24−55.7%7.3%
FY25−88.6%7.3%
Return on equity each year, % (line). 3-year window, low years included. The flat line is the 7.3% cost of capital used on this page.

Jun 2026: ROIC 7.6% (last 12 months) against a 7.3% cost of capital

  • ROIC (12 months) 7.6%
  • ROE (12 months) −199.4%
  • Cost of capital 7.3%
Jun 2026: ROIC 7.6% (last 12 months) against a 7.3% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 2023−18.8%−370.6%7.3%
Dec 202319.1%−242.4%7.3%
Mar 2024−2.9%−91.6%7.3%
Jun 2024−0.1%−43.1%7.3%
Sep 20242.1%27.4%7.3%
Dec 2024−6.2%−156%7.3%
Mar 20253.1%−166.4%7.3%
Jun 20251.4%−129.5%7.3%
Sep 2025−8.2%−174.9%7.3%
Dec 2025−3.8%−143.7%7.3%
Mar 20260.7%−249.3%7.3%
Jun 20267.6%−199.4%7.3%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Sigma Lithium have too much debt?

Sigma Lithium Corporation has total debt of $277 M against shareholder equity of $82.3 M as of Jun 2026, so its debt is 3.37× its equity. Year by year, that ratio went from 0.01 in FY21 to 2.63 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $149 M, 2.63× equity

  • Total debt $149 M
FY25: debt $149 M, 2.63× equity
QuarterTotal debt
FY21$2.0 M
FY22$59.9 M
FY23$134 M
FY24$177 M
FY25$149 M

Debt-to-equity

  • Debt-to-equity 2.63×
Debt-to-equity
QuarterDebt-to-equity
FY210.01×
FY220.44×
FY230.82×
FY241.91×
FY252.63×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $277 M, debt-to-equity 3.37

  • Total debt (quarterly) $277 M
Jun 2026: debt $277 M, debt-to-equity 3.37
QuarterTotal debt (quarterly)
Sep 2023$116 M
Dec 2023$134 M
Mar 2024$205 M
Jun 2024$223 M
Sep 2024$184 M
Dec 2024$177 M
Mar 2025$172 M
Jun 2025$172 M
Sep 2025$166 M
Dec 2025$149 M
Mar 2026$137 M
Jun 2026$277 M

Debt-to-equity

  • Debt-to-equity 3.37×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.72×
Dec 20230.82×
Mar 20241.35×
Jun 20241.72×
Sep 20241.68×
Dec 20241.91×
Mar 20251.62×
Jun 20251.87×
Sep 20251.99×
Dec 20252.63×
Mar 20261.89×
Jun 20263.37×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Sigma Lithium shareholding pattern?

11.9% of Sigma Lithium Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 3.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

11.9%Short interest · of the tradable float
3.0Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Sigma Lithium from balance-sheet trouble?

For Sigma Lithium Corporation, the Z-score is 1.11. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 1.11 is inside the danger zone, so the balance sheet is a real risk.

How does Sigma Lithium rank in its industry?

49.1 out of 100, rank 9 of 29 in Other Industrial Metals & Mining, with 64% of the evidence available.

Sigma Lithium Corporation scores 49.1 out of 100 against the 29 companies it is compared with in Other Industrial Metals & Mining, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 21 + 14.9 + 11.2 + 2 = 49.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Sigma Lithium compared with?

Sigma Lithium ranks 9 of 29 Other Industrial Metals & Mining companies on the 4-Factor Sector Score, with 49.1 out of 100.

  1. 1Santacruz Silver Mining Ltd.SCZM · losing its lead · Most evidence points up · 81% evidence68.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.8/35 · Revenue 39.9% · Profit -32.8% · Operating margin change 12.1 points · 83% evidenceCapital efficiency 20.2/25 · ROCE 36.5% · Operating margin 38.8% · 76% evidenceValuation 14.3/20 · P/E 14.2× · PEG 0.41 · 65% evidenceRelative strength 15.4/20 · Lead over its industry 25.9% · Lead over S&P 500 -17.2% · 1 year 45.6% · 100% evidence · 10 of 12 weeks aheadExact sum: 18.8 + 20.2 + 14.3 + 15.4 = 68.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Teck Resources LimitedTECK · losing its lead · Most evidence points up · 64% evidence68.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.4/35 · Revenue 40.5% · Profit — · Operating margin change 29.8 points · 62% evidenceCapital efficiency 16.2/25 · ROCE 10.3% · Operating margin 43.1% · 76% evidenceValuation 9.0/20 · P/E 16.6× · PEG — · 15% evidenceRelative strength 20.0/20 · Lead over its industry 57.5% · Lead over S&P 500 5.6% · 1 year 56.8% · 100% evidence · 6 of 12 weeks aheadExact sum: 23.4 + 16.2 + 9 + 20 = 68.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3BHP Group LimitedBHP · quiet · Too little evidence to rank firmly · 51% evidence67.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.2/35 · Revenue — · Profit — · Operating margin change 5.6 points · 26% evidenceCapital efficiency 21.5/25 · ROCE 23.6% · Operating margin 43.3% · 76% evidenceValuation 8.9/20 · P/E 21.2× · PEG — · 15% evidenceRelative strength 17.9/20 · Lead over its industry 46.6% · Lead over S&P 500 -1.9% · 1 year 45.3% · 100% evidence · 2 of 12 weeks aheadExact sum: 19.2 + 21.5 + 8.9 + 17.9 = 67.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  4. 4Nexa Resources S.A.NEXA · quiet · Evidence leans up · 64% evidence63.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.9/35 · Revenue 24.3% · Profit — · Operating margin change 11.1 points · 62% evidenceCapital efficiency 17.1/25 · ROCE 17.5% · Operating margin 19.8% · 76% evidenceValuation 9.6/20 · P/E 5.8× · PEG — · 15% evidenceRelative strength 15.7/20 · Lead over its industry 40.4% · Lead over S&P 500 -7.2% · 1 year 126.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.9 + 17.1 + 9.6 + 15.7 = 63.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Rio Tinto GroupRIO · quiet · Too little evidence to rank firmly · 51% evidence61.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.6/35 · Revenue — · Profit — · Operating margin change 2.9 points · 26% evidenceCapital efficiency 18.1/25 · ROCE 14% · Operating margin 28% · 76% evidenceValuation 9.5/20 · P/E 13.5× · PEG — · 15% evidenceRelative strength 15.2/20 · Lead over its industry 29.8% · Lead over S&P 500 -13.8% · 1 year 22% · 100% evidence · 0 of 12 weeks aheadExact sum: 18.6 + 18.1 + 9.5 + 15.2 = 61.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  6. 6MP Materials Corp.MP · quiet · Evidence leans up · 64% evidence54.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.1/35 · Revenue 72.3% · Profit — · Operating margin change 62.4 points · 62% evidenceCapital efficiency 9.4/25 · ROCE -2.5% · Operating margin -14.7% · 76% evidenceValuation 11.5/20 · P/E -104.3× · PEG — · 15% evidenceRelative strength 10.2/20 · Lead over its industry -7.1% · Lead over S&P 500 -39% · 1 year -38.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.1 + 9.4 + 11.5 + 10.2 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Almonty Industries Inc.ALM · quiet · Evidence leans up · 64% evidence51.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.9/35 · Revenue 100% · Profit — · Operating margin change 201.6 points · 62% evidenceCapital efficiency 12.2/25 · ROCE 0.3% · Operating margin 37.5% · 76% evidenceValuation 8.6/20 · P/E 63× · PEG — · 15% evidenceRelative strength 5.3/20 · Lead over its industry -9.3% · Lead over S&P 500 -41.3% · 1 year 25.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.9 + 12.2 + 8.6 + 5.3 = 51 · What this means: Earnings are strong; relative strength in its sector is -9.3% and the one-year return is 25.6%.
  8. 8Americas Gold and Silver CorporationUSAS · quiet · Evidence leans up · 64% evidence50.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Revenue 87.6% · Profit — · Operating margin change 50.8 points · 62% evidenceCapital efficiency 10.7/25 · ROCE 8% · Operating margin 11% · 76% evidenceValuation 11.0/20 · P/E -29× · PEG — · 15% evidenceRelative strength 4.2/20 · Lead over its industry -19% · Lead over S&P 500 -47.8% · 1 year -20.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.3 + 10.7 + 11 + 4.2 = 50.2 · What this means: Earnings are strong; relative strength in its sector is -19% and the one-year return is -20.8%.
  9. 9Sigma Lithium Corporation this pageSGML · quiet · Evidence leans down · 64% evidence49.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.0/35 · Revenue 7.5% · Profit — · Operating margin change 145 points · 62% evidenceCapital efficiency 14.9/25 · ROCE 12.9% · Operating margin 24.6% · 76% evidenceValuation 11.2/20 · P/E -31.4× · PEG — · 15% evidenceRelative strength 2.0/20 · Lead over its industry -33.8% · Lead over S&P 500 -57.4% · 1 year 5.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 21 + 14.9 + 11.2 + 2 = 49.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Materion CorporationMTRN · losing its lead · Too little evidence to rank firmly · 58% evidence49.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.8/35 · Revenue — · Profit — · Operating margin change 0.5 points · 45% evidenceCapital efficiency 13.3/25 · ROCE 8.4% · Operating margin 8.6% · 76% evidenceValuation 8.8/20 · P/E 61.3× · PEG — · 15% evidenceRelative strength 11.1/20 · Lead over its industry 33.8% · Lead over S&P 500 -9.4% · 1 year 61.3% · 100% evidence · 5 of 12 weeks aheadExact sum: 15.8 + 13.3 + 8.8 + 11.1 = 49 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  11. 11Compass Minerals International, Inc.CMP · quiet · Evidence leans down · 74% evidence47.7out of 100GrowthCapitalValuationRelative
  12. 12Ferroglobe PLCGSM · quiet · Evidence leans down · 64% evidence47.6out of 100GrowthCapitalValuationRelative
  13. 13United States Antimony CorporationUAMY · quiet · Most evidence points down · 64% evidence31.5out of 100GrowthCapitalValuationRelative
  14. 14Skeena Resources LimitedSKE · losing its lead · Too little evidence to rank firmly · 47% evidence55.5out of 100GrowthCapitalValuationRelative
  15. 15Vizsla Silver Corp.VZLA · quiet · Too little evidence to rank firmly · 50% evidence50.5out of 100GrowthCapitalValuationRelative
  16. 16Critical Metals Corp.CRML · basing · Too little evidence to rank firmly · 47% evidence50.1out of 100GrowthCapitalValuationRelative
  17. 17Elevra Lithium LimitedELVR · quiet · Too little evidence to rank firmly · 45% evidence47.7out of 100GrowthCapitalValuationRelative
  18. 18NioCorp Developments Ltd.NB · quiet · Too little evidence to rank firmly · 50% evidence45.0out of 100GrowthCapitalValuationRelative
  19. 19Lithium Americas Corp.LAC · quiet · Too little evidence to rank firmly · 50% evidence44.0out of 100GrowthCapitalValuationRelative
  20. 20Western Copper and Gold CorporationWRN · quiet · Too little evidence to rank firmly · 47% evidence42.4out of 100GrowthCapitalValuationRelative
  21. 21Lithium Argentina AGLAR · quiet · Too little evidence to rank firmly · 50% evidence41.6out of 100GrowthCapitalValuationRelative
  22. 22Standard Lithium Ltd.SLI · basing · Too little evidence to rank firmly · 50% evidence39.4out of 100GrowthCapitalValuationRelative
  23. 23USA Rare Earth, Inc.USAR · quiet · Too little evidence to rank firmly · 46% evidence37.7out of 100GrowthCapitalValuationRelative
  24. 24Evolution Metals & Technologies Corp.EMAT · basing · Too little evidence to rank firmly · 22% evidence37.0out of 100GrowthCapitalValuationRelative
  25. 25IperionX LimitedIPX · quiet · Too little evidence to rank firmly · 47% evidence36.4out of 100GrowthCapitalValuationRelative
  26. 26Trilogy Metals Inc.TMQ · quiet · Too little evidence to rank firmly · 50% evidence35.2out of 100GrowthCapitalValuationRelative
  27. 27REalloys Inc.ALOY · quiet · Too little evidence to rank firmly · 47% evidence34.2out of 100GrowthCapitalValuationRelative
  28. 28TMC the metals company Inc.TMC · quiet · Too little evidence to rank firmly · 47% evidence31.2out of 100GrowthCapitalValuationRelative
  29. 29Northern Dynasty Minerals Ltd.NAK · quiet · Too little evidence to rank firmly · 50% evidence29.4out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Other Industrial Metals & Mining, all 29 compared on one page.

Which companies are close to Sigma Lithium in size?

Sigma Lithium is the 13th largest of 20 Other Industrial Metals & Mining companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Compass Minerals International, Inc., Critical Metals Corp. and Santacruz Silver Mining. Just below it: Ferroglobe PLC, REalloys Inc. and United States Antimony Corporation.

Other Industrial Metals & Mining companies close in size

  1. Compass Minerals International, Inc. $976 million
  2. Critical Metals Corp. $936 million
  3. Santacruz Silver Mining Ltd. $717 million
  4. Sigma Lithium Corporation $633 million
  5. Ferroglobe PLC $548 million
  6. REalloys Inc. $459 million
  7. United States Antimony Corporation $446 million

All 20 Other Industrial Metals & Mining companies, largest first

Companies close in size in other industries

  1. Matthews International Corporation $634 million · Conglomerates
  2. SL Science Holding Limited $633 million · Biotechnology
  3. Sigma Lithium Corporation $633 million
  4. Sprout Social, Inc. $630 million · Software - Application
  5. Mama's Creations, Inc. $629 million · Packaged Foods

What else do people ask about Sigma Lithium?

What were Sigma Lithium's latest quarterly results?

Sigma Lithium Corporation reported revenue of $54.7 M and a net loss of $2.6 M for the Jun 2026 quarter. Earnings per share were −$0.02. The operating margin was 24.6%, 145.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Sigma Lithium's market cap?

Sigma Lithium Corporation's market capitalisation is $633 M at a stock price of $5.62. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Sigma Lithium performing?

Sigma Lithium Corporation's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 20 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will Sigma Lithium's stock price go up?

This page does not forecast Sigma Lithium Corporation's stock price. What it shows instead: the stock price is $5.62. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Sigma Lithium in its business cycle?

Sigma Lithium Corporation's FY25 operating margin was −19.4%, against a 3-year range of −19.4% to −2.4%: the low end of its own range, which is often where recoveries start. The latest quarter was 24.6%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Sigma Lithium story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Sigma Lithium a stock worth studying right now?

What the numbers show: Sigma Lithium Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.