Tianqi Lithium Valuation Multiples

Tianqi Lithium Overview

About Tianqi Lithium

Tianqi Lithium is a leading new energy materials company headquartered in Sichuan, China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world’s fourth largest and Asia’s second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Founded

1995

HQ

Employees

3.2K

Website

tianqilithium.com

Sectors

Advanced Materials

Financials (LTM)

Revenue: $2B

EBITDA: $1B

EV

$26B

Valuation Multiples

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Tianqi Lithium Financials

Tianqi Lithium reported last 12-month revenue of $2B and EBITDA of $1B.

In the same LTM period, Tianqi Lithium generated $784M in gross profit, $1B in EBITDA, and $198M in net income.

Tianqi Lithium P&L

In the most recent fiscal year, Tianqi Lithium reported revenue of $1B and EBITDA of $871M.

Tianqi Lithium expects next 12-month revenue of XXX and NTM EBITDA of XXX

Tianqi Lithium Stock Performance

Tianqi Lithium has current market cap of $25B, and enterprise value of $26B.

Tianqi Lithium's stock price is $14.62.

Tianqi Lithium Valuation Multiples

Tianqi Lithium trades at 14.2x EV/Revenue multiple, and 26.2x EV/EBITDA.

Tianqi Lithium Financial Valuation Multiples

As of March 28, 2026, Tianqi Lithium has market cap of $25B and EV of $26B.

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

Tianqi Lithium has a P/E ratio of 126.2x.

Tianqi Lithium Margins & Growth Rates

Tianqi Lithium's revenue in the last 12 month grew by 70%.

Tianqi Lithium's revenue per employee in the last FY averaged $0.6M.

Tianqi Lithium's rule of 40 is 124% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Tianqi Lithium's rule of X is 228% (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).

Tianqi Lithium Public Comps

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

Tianqi Lithium M&A Activity

Tianqi Lithium acquired XXX companies to date.

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

Tianqi Lithium Investment Activity

Tianqi Lithium invested in XXX companies to date.

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