Alpha HPA Valuation Multiples

Alpha HPA Overview

About Alpha HPA

Alpha HPA Ltd is an Australian metals and technology company. It is engaged in producing ultra-high purity alumina (HPA) and related aluminium materials through its proprietary solvent extraction (SX) and refining technology. The group's product offerings include a range of ultra-high purity aluminium oxides, hydroxides, and nitrates suitable for various high technology industries, including technical ceramics, LED lighting, synthetic sapphire, semiconductors, specialty catalysts, Direct Lithium Extraction (DLE) technology, and lithium-ion battery markets, among others. It has two reportable segments being the development of the HPA First Project, which generates maximum revenue, and the Alpha Sapphire Project.

Founded

2003

HQ

Employees

N/A

Website

alphahpa.com.au

Sectors

Advanced MaterialsDeepTech

Financials (LTM)

Revenue: $818K

EBITDA: ($24M)

EV

$534M

Valuation Multiples

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Alpha HPA Financials

Alpha HPA reported last 12-month revenue of $818K and negative EBITDA of ($24M).

In the same LTM period, Alpha HPA generated ($24M) in EBITDA losses and had net loss of ($15M).

Alpha HPA P&L

In the most recent fiscal year, Alpha HPA reported revenue of $220K and EBITDA of ($20M).

Alpha HPA expects next 12-month revenue of XXX and NTM EBITDA of XXX

Alpha HPA Stock Performance

Alpha HPA has current market cap of $564M, and enterprise value of $534M.

Alpha HPA's stock price is $0.44.

Alpha HPA Valuation Multiples

Alpha HPA trades at 652.6x EV/Revenue multiple, and (22.3x) EV/EBITDA.

Alpha HPA Financial Valuation Multiples

As of April 3, 2026, Alpha HPA has market cap of $564M and EV of $534M.

Equity research analysts estimate Alpha HPA's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Alpha HPA has a P/E ratio of (38.3x).

Alpha HPA Margins & Growth Rates

Alpha HPA's revenue in the last 12 month grew by 967%.

Alpha HPA's rule of 40 is 588% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Alpha HPA's rule of X is 1924% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Alpha HPA Public Comps

See public comps and valuation multiples for other Advanced Materials comps.

Alpha HPA M&A Activity

Alpha HPA acquired XXX companies to date.

Last acquisition by Alpha HPA was on XXXXXXXX, XXXXX. Alpha HPA acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Alpha HPA Investment Activity

Alpha HPA invested in XXX companies to date.

Alpha HPA made its latest investment on XXXXXXXX, XXXXX. Alpha HPA invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).