YouTube · Q2 2026 · 2026-08-07
ABAT · NasdaqCM
American Battery Technology Company
Waste Management · United States
USD 2.18-2.7% daily changeQuote 2026-09-18 · USD
- Market cap (USD)
- US$310.82M
- Trailing P/E
- —
- Forward P/E
- —
- Quarterly revenue growth
- 196.6%
- Trailing net margin
- 0.0%
- Indicated dividend yield
- —
Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-11-06 (provider estimate, not issuer-confirmed).
Company background
American Battery Technology Company operates as a battery materials company in the United States. It explores critical minerals, such as lithium, nickel, cobalt, manganese, copper, aluminum, and graphite. The company also involved in the the development and commercialization of new technologies for the extraction of these critical minerals; and commercialization of an internally developed integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation and changed its name to American Battery Technology Company in August 2021. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.
Company websiteFY2026
Go beyond the headline.
ABAT Stock: Can Customers Still Place Orders? — FY2026
Published 2026-09-14
FY2026 REPORT HIGHLIGHTS
What’s changed for ABAT
Recycling gross profit improved, but customer access, stock compensation and mine financing determine what reaches each ABAT share.
Factory margins improved.
Derived fourth-quarter gross profit reached $1.29 million, while the full year still recorded a gross loss.
Customer access is the near-term test.
Black mass is a majority of revenue; the company seeks an exception to the domestic-allocation requirement.
Stock pay exceeded sales.
FY2026 compensation expense was $46.48 million, and the common-share count rose sharply.
Cash came from financing.
Outside capital more than offset operating and investing cash use; zero financial debt does not mean self-funding.
The mine is an option, not cash.
Our valuation separates project success, financing ownership and per-share dilution.
Comparable businesses
ABAT peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | ABATAmerican Battery Technology CompanySnapshot 2026-09-20Financial period: 2026-06-30 | RSGRepublic Services, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | WMWaste Management, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$310.82M | US$66.78B | US$84.38B |
| Forward P/EProvider forward earnings estimate | — | 27.06x | 23.16x |
| EV / EBITDAEnterprise value / trailing EBITDA | — | 15.40x | 13.79x |
| Revenue growthLatest quarter vs prior-year quarter | 196.6% | 4.6% | 4.0% |
| Operating marginLatest reported quarter | -246.5% | 20.4% | 19.0% |
| Free cash flow yieldTrailing cash flow / market cap | 0.8% | 2.9% | 2.8% |
| Net debt / EBITDANet debt / trailing EBITDA | — | 2.70x | 2.93x |
| Debt / equityTotal debt / positive book equity | 0.00x | 1.19x | 2.35x |
| Trailing P/ETrailing twelve-month earnings | — | 30.84x | 29.86x |
| Price / bookPrice / positive book equity per share | 2.44x | 5.55x | 8.51x |
| EV / salesEnterprise value / trailing revenue | 12.03x | 4.79x | 4.18x |
| Earnings growthLatest quarter vs prior-year quarter | — | 5.1% | 8.3% |
| Gross marginTrailing twelve months | -14.2% | 43.0% | 40.6% |
| Net marginTrailing twelve months | 0.0% | 12.9% | 11.1% |
| Return on equityProvider trailing return; positive equity only | -74.5% | 18.2% | 29.8% |
| Free cash flow marginTrailing free cash flow / revenue | 11.7% | 11.5% | 9.1% |
| Dividend yieldIndicated annual dividend / price | — | 1.2% | 1.8% |
| Earnings payoutProvider trailing dividend payout | 0.0% | 35.4% | 50.1% |
| Current ratioCurrent assets / current liabilities | 9.53x | 0.64x | 0.91x |
| BetaProvider historical market sensitivity | 1.25 | 0.40 | 0.43 |
YouTube · Q2 2026 · 2026-08-07
YouTube · Q1 2026 · 2026-05-02
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for ABAT
FY20262026-09-14
FREE RESEARCH PACKET · FY2026
ABAT Stock: Can the Customers Still Buy? — FY2026
Recycling gross profit improved, but customer access, stock compensation and mine financing determine what reaches each ABAT share.
Research published September 14, 2026 · Download original report
Read Research PacketABAT Stock: Can Customers Still Place Orders? — FY2026
Presentation · 2026-09-14 · YouTube