Sociedad Química y Minera de Chile S.A. (SQM)
Quantitative Summary
DeterministicSQM trades at 30.0x earnings, roughly in line with its sector average of 36.7x. Financial health is average: Piotroski 6/9, Altman Z 3.5.
Generated deterministically from quant metrics and financial statements. Not a recommendation.
Algorithmic Teardown
AI-GeneratedThe fundamental economics of Sociedad Química y Minera de Chile S.A. present a capital efficiency challenge, evidenced by an ROIC-WACC spread of -2.8%, indicating that recent returns on invested capital fail to cover the cost of financing. This value destruction is partially mitigated by robust profitability metrics; a DuPont-style analysis reveals healthy operating leverage with gross margins at 29.6% and net margins expanding to 12.8%. However, these margin strengths are not translating into top-line velocity, as revenue growth has stalled at merely 1.1% year-over-year. Financial stability remains intact according to solvency frameworks, supported by a Piotroski F-Score of 6/9 and an Altman Z-Score of 3.5, suggesting the balance sheet is currently safe from distress despite the compression in capital returns.
Valuation metrics suggest the market is pricing in a reversion to higher growth expectations that current fundamentals do not yet support. The stock trades at a premium P/E of 39.9x, which sits above both its five-year historical average of 30.7x and the broader sector average of 37.3x. This represents a valuation delta of approximately 30% over recent history, implying that investors are anticipating a significant acceleration in earnings or revenue multiple expansion to justify current price levels. Given the stagnant top-line growth and sub-par ROIC spread, the implied forward growth required to validate this premium appears aggressive relative to the underlying operational trajectory observed in the latest reporting period.
The risk profile is characterized by a divergence between defensive balance sheet metrics and weak capital generation efficiency. While the Altman Z-Score of 3.5 indicates low bankruptcy risk, the negative spread between ROIC (7.1%) and WACC (9.8%) signals that the firm's core business units are currently destroying value rather than creating it for shareholders. This structural inefficiency creates a scenario where downside protection is provided by strong margins and solvency scores, yet upside potential remains constrained until capital allocation strategies improve to restore positive spreads between returns on invested capital and the cost of debt or equity financing.
Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.
Valuation Context
Currently trading 30% above its 5-year average P/E of 30.7x.
Price Chart with Moving Averages
Quant Health Deep Dive
Profitability & Value Creation
Balance Sheet Health
Earnings Surprise History
EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.
Dividend History
| Date | Amount | Change |
|---|---|---|
| 2026-05-08 | $1.0300 | +383.6% |
| 2024-05-09 | $0.2130 | -57.7% |
| 2023-12-06 | $0.5030 | -17.4% |
| 2023-11-02 | $0.6090 | -22.7% |
| 2023-07-13 | $0.7880 | -75.6% |
| 2023-05-11 | $3.2240 | +4.6% |
| 2022-12-08 | $3.0810 | +66.6% |
| 2022-09-29 | $1.8490 | -33.7% |
| 2022-06-02 | $2.7870 | +2773.2% |
| 2022-04-28 | $0.0970 | -93.1% |
| 2021-12-31 | $1.4000 | +345.9% |
| 2021-09-02 | $0.3140 | +31.9% |
Dividend and split data from SEC filings and market data. Amounts are per share, not adjusted for splits. Source: yfinance.
Risk Profile
Sharpe = risk-adjusted return (higher is better). Max drawdown = largest peak-to-trough decline. 1,200+ trading days.
Underwater (Drawdown from Peak)
How far below the all-time high the price has been over time. Deeper = more pain for holders.
Rolling 60-Day Beta vs S&P 500 (VOO)
How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.
Fundamentals
Passive Flow Attribution
ETF Draft EffectWhen investors buy or sell ETFs like LIT or CWI, the fund manager is mechanically forced to buy or sell SQM shares regardless of Sociedad Química y Minera de Chile S.A.'s individual fundamentals. We estimate $70M of passive capital is structurally linked to SQM through 2 tracked ETFs. Passive flows have a limited but growing influence on SQM's daily trading dynamics.
Passive exposure = Σ (ETF AUM × stock weight in ETF) across 2 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.
ETF Contagion Visualizer
Simulate a price drop in Sociedad Química y Minera de Chile S.A. to visualize passive redemption contagion across ETFs and collateral stocks.
If Sociedad Química y Minera de Chile S.A. (SQM) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies Rio Tinto PLC ADR (RIO) as the most exposed collateral stock, sharing 1 ETFs with SQM. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.
Contagion model based on shared ETF exposure and constituent weights across 2 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.
SQM Ownership Dynamics
Passive funds hold 1 in every 9657 SQM shares, reducing daily market volatility.
Sociedad Química y Minera de Chile S.A. (SQM) exerts measurable gravity on the passive index market, currently representing 4.1% of the LIT (LIT) and 0.0% of the CWI (CWI). Across 1 tracked ETFs, approximately 0M shares (0.0% of float) are held by passive funds and rarely trade on the open market. As passive ownership grows, index inclusion changes may increasingly drive price discovery.
ETFs with Highest SQM Exposure
Float lock-up computed from 1 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).
SQM Institutional Volume Profile
252-day volume distribution by price level. The Point of Control (POC) marks — the price where the most institutional volume transacted — an implicit support/resistance floor.
The highest-volume price zone for Sociedad Química y Minera de Chile S.A. over the past year sits near $44.81 (16% of 252-day volume). The current price of $80.84 trades 80.4% above this institutional floor — a sign of upside momentum, though a pullback to the POC zone is a common reversion target. The highly concentrated volume profile (16% at POC) indicates strong consensus on fair value — institutional participants have repeatedly transacted near this price.
Volume Profile computed from 252 trading days of OHLCV data. Volume allocated to price bins proportionally based on daily high-low range. Not investment advice.
Fails-to-Deliver (FTD) History
SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.
| Date | Failed Shares | Close Price | Notional Value |
|---|---|---|---|
| 2026-05-14 | 537 | $91.62 | $49,199.94 |
| 2026-05-13 | 10,252 | $94.63 | $970,146.76 |
| 2026-05-12 | 69,588 | $93.42 | $6.5M |
| 2026-05-11 | 8,433 | $91.39 | $770,691.87 |
| 2026-05-07 | 35,576 | $93.46 | $3.3M |
| 2026-05-06 | 97,679 | $92.64 | $9.0M |
| 2026-05-05 | 41 | $89.75 | $3,679.75 |
| 2026-05-04 | 26,146 | $92.68 | $2.4M |
| 2026-05-01 | 222,068 | $92.17 | $20.5M |
| 2026-04-30 | 184,820 | $91.01 | $16.8M |
| 2026-04-28 | 4,605 | $91.29 | $420,390.45 |
| 2026-04-20 | 73,386 | $88.80 | $6.5M |
| 2026-04-17 | 72,169 | $95.31 | $6.9M |
| 2026-04-15 | 2,427 | $88.93 | $215,833.11 |
| 2026-04-14 | 26,555 | $87.63 | $2.3M |
| 2026-04-13 | 78 | $82.12 | $6,405.36 |
| 2026-04-09 | 52 | $82.48 | $4,288.96 |
| 2026-04-07 | 69 | $80.45 | $5,551.05 |
| 2026-04-06 | 116,206 | $83.21 | $9.7M |
| 2026-04-01 | 3,686 | $80.94 | $298,344.84 |
| 2026-03-30 | 178,216 | $82.70 | $14.7M |
| 2026-03-26 | 509 | $79.16 | $40,292.44 |
| 2026-03-25 | 60,947 | $76.94 | $4.7M |
| 2026-03-24 | 39,029 | $75.39 | $2.9M |
| 2026-03-23 | 23,339 | $71.16 | $1.7M |
| 2026-03-17 | 19 | $76.35 | $1,450.65 |
| 2026-03-16 | 1 | $74.45 | $74.45 |
| 2026-03-05 | 16 | $72.02 | $1,152.32 |
| 2026-02-09 | 147 | $71.48 | $10,507.56 |
| 2026-02-06 | 284 | $70.82 | $20,112.88 |
Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.
Price Correlations
Statistical correlation of daily returns with other stocks. High correlations indicate stocks that move together; negative correlations can offer diversification.
| Peer | 252-Day (1Y) | 126-Day (6M) | Direction |
|---|---|---|---|
| WTGXX | NaN | NaN | |
| ALB | 0.810 | 0.807 | High co-movement |
| BHP | 0.527 | 0.561 | Moderate |
| RIO | 0.520 | 0.516 | Moderate |
| FCX | 0.474 | 0.572 | Moderate |
| KEYS | 0.383 | 0.387 | Moderate |
| SNDK | 0.374 | 0.417 | Moderate |
| CMI | 0.358 | 0.325 | Moderate |
| AMAT | 0.357 | 0.412 | Moderate |
| TSM | 0.355 | 0.396 | Moderate |
Pearson correlation of daily log returns. 252d ≈ 1 trading year. Computed from price history. Not investment advice.
Compare SQM to Peers
Quant metrics computed deterministically from financial statements and price data. Updated: 2026-06-02.
SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.