Albemarle: riding the ev revolution - is lithium the future

Abstract

This Report contains a valuation of Albemarle Corporation (Ticker:ALB) as of December 2021. In this reports objective is to accurately value the stock price returns on a 12 month basis. In this report it was used a discounted cash flow valuation in order to arrive at the intrinsic value of Albemarle. The report will discuss and analyze the drivers that will influence Albemarle in the future, more specifically their balance sheet, income statement, and free cash flows in the next 19 years. At the end of the report a sensitivity analysis as well as a scenario analysis were made as a way to validate the results and test the model against different variables. A multiple analysis was performed in order to compare Albemarle with its peers.