Expensive and softening.

Trading above fair value while the fundamentals weaken — little to like right now.

Current price
$129.96
Market cap ≈ $15B
Intrinsic value
$98
range $69 – $142
Margin of safety
-25%
above fair value
1 FY16 -0 FY17 -0 FY18 -0 FY19 -0 FY20 -1 FY21 1 FY22 -1 FY23 -1 FY24 1 FY25

What the math is really telling you. Watch whether cash flow is compounding — that, more than any single year, is what a value read hangs on.

  • Warning:
    Overvalued
    Fair value ~$98 vs $130 — trading 25% above what the math supports.
  • Warning:
    Price assumes a big acceleration
    You'd need ~8%/yr free-cash-flow growth to justify today's price; it has done 2.3%/yr lately.
  • Warning:
    Revenue shrinking
    Down 4.4% last year — cheap may mean broken.
  • Good:
    Cash flow compounding
    Free cash flow up ~2.3%/yr — the engine is growing.
  • Caution:
    Manageable net debt
    Net debt of $2B — about 2.3× annual free cash flow. Normal for a mature company.

Where this number comes from →

How this was built. Every figure is computed from Albemarle Corporation's SEC filings — no estimates, no AI. Two-stage DCF: 9% discount rate, 5% free-cash-flow growth for 10 years, 2.5% terminal. Free cash flow is operating cash flow less capital spending. Net cash is cash and marketable securities less borrowings, commercial paper and finance leases; operating leases are disclosed but never counted as debt. We subtract net debt from the value of the business — for Albemarle that is about $2B, or $14 per share. Fundamentals are from the FY25 annual report and change only when a new one is filed. Price of $129.96 taken 2026-09-08 (Google Finance, manual entry, 2026-09-08) — it is not live and does not move during the day.

TickerMath is an educational tool, not investment advice — it computes one model from SEC filings and can be wrong. How we compute this →