CENTURY ALUMINUM COMPANY (CENX) Stock Fundamental Analysis
NASDAQ:CENX - Nasdaq - US1564311082 - Common Stock - Currency: USD
Overall CENX gets a fundamental rating of 4 out of 10. We evaluated CENX against 153 industry peers in the Metals & Mining industry. While CENX is still in line with the averages on profitability rating, there are concerns on its financial health. CENX is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
CENX had positive earnings in the past year.
CENX had a positive operating cash flow in the past year.
In the past 5 years CENX reported 4 times negative net income.
The reported operating cash flow has been mixed in the past 5 years: CENX reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of CENX (5.80%) is better than 79.08% of its industry peers.
CENX has a better Return On Equity (15.60%) than 88.24% of its industry peers.
CENX has a better Return On Invested Capital (8.64%) than 78.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CENX is significantly below the industry average of 8.62%.
The last Return On Invested Capital (8.64%) for CENX is above the 3 year average (3.18%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 15.6% | ||
| ROIC | 8.64% |
ROA(3y)4.38%
ROA(5y)-1.26%
ROE(3y)10.09%
ROE(5y)-6.4%
ROIC(3y)3.18%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of CENX (4.79%) is better than 71.24% of its industry peers.
CENX has a Operating Margin of 7.00%. This is in the better half of the industry: CENX outperforms 60.78% of its industry peers.
In the last couple of years the Operating Margin of CENX has grown nicely.
CENX's Gross Margin of 9.69% is in line compared to the rest of the industry. CENX outperforms 41.83% of its industry peers.
In the last couple of years the Gross Margin of CENX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7% | ||
| PM (TTM) | 4.79% | ||
| GM | 9.69% |
OM growth 3Y20%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.87%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CENX is destroying value.
The number of shares outstanding for CENX has been increased compared to 1 year ago.
The number of shares outstanding for CENX has been increased compared to 5 years ago.
Compared to 1 year ago, CENX has a worse debt to assets ratio.
2.2 Solvency
CENX has an Altman-Z score of 1.27. This is a bad value and indicates that CENX is not financially healthy and even has some risk of bankruptcy.
CENX has a worse Altman-Z score (1.27) than 67.32% of its industry peers.
CENX has a Debt/Equity ratio of 0.64. This is a neutral value indicating CENX is somewhat dependend on debt financing.
CENX has a Debt to Equity ratio of 0.64. This is amonst the worse of the industry: CENX underperforms 80.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.27 |
ROIC/WACC0.86
WACC10.02%
2.3 Liquidity
A Current Ratio of 1.84 indicates that CENX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.84, CENX is doing worse than 62.09% of the companies in the same industry.
A Quick Ratio of 0.63 indicates that CENX may have some problems paying its short term obligations.
CENX has a Quick ratio of 0.63. This is amonst the worse of the industry: CENX underperforms 83.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.84 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 282.05% over the past year.
CENX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.41%.
Measured over the past years, CENX shows a small growth in Revenue. The Revenue has been growing by 3.87% on average per year.
EPS 1Y (TTM)282.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1300%
Revenue 1Y (TTM)11.41%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%29.5%
3.2 Future
The Earnings Per Share is expected to grow by 62.41% on average over the next years. This is a very strong growth
Based on estimates for the next years, CENX will show a quite strong growth in Revenue. The Revenue will grow by 10.44% on average per year.
EPS Next Y123.94%
EPS Next 2Y47.93%
EPS Next 3Y62.41%
EPS Next 5YN/A
Revenue Next Year10.48%
Revenue Next 2Y6.98%
Revenue Next 3Y10.44%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 10.40, the valuation of CENX can be described as reasonable.
Based on the Price/Earnings ratio, CENX is valued cheaply inside the industry as 92.81% of the companies are valued more expensively.
CENX's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.25.
CENX is valuated cheaply with a Price/Forward Earnings ratio of 6.43.
CENX's Price/Forward Earnings ratio is rather cheap when compared to the industry. CENX is cheaper than 86.93% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.15, CENX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.4 | ||
| Fwd PE | 6.43 |
4.2 Price Multiples
CENX's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CENX is cheaper than 75.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.69 |
4.3 Compensation for Growth
CENX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CENX has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CENX's earnings are expected to grow with 62.41% in the coming years.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y47.93%
EPS Next 3Y62.41%
5. Dividend
5.1 Amount
CENX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
15.49
-0.36 (-2.27%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners58.39%
Inst Owner Change0.54%
Ins Owners1.08%
Ins Owner Change0.29%
Market Cap1.45B
Analysts84.44
Price Target23.8 (53.65%)
Short Float %9.92%
Short Ratio2.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-14.23%
Min EPS beat(2)-36.41%
Max EPS beat(2)7.95%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)13.83%
Min Revenue beat(2)7.6%
Max Revenue beat(2)20.06%
Revenue beat(4)3
Avg Revenue beat(4)9.29%
Min Revenue beat(4)-1.34%
Max Revenue beat(4)20.06%
Revenue beat(8)6
Avg Revenue beat(8)7.05%
Revenue beat(12)7
Avg Revenue beat(12)4.28%
Revenue beat(16)8
Avg Revenue beat(16)2.39%
PT rev (1m)-7.89%
PT rev (3m)-2.78%
EPS NQ rev (1m)-50.46%
EPS NQ rev (3m)21.35%
EPS NY rev (1m)-22.47%
EPS NY rev (3m)17.52%
Revenue NQ rev (1m)-3.73%
Revenue NQ rev (3m)11.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.4 | ||
| Fwd PE | 6.43 | ||
| P/S | 0.61 | ||
| P/FCF | N/A | ||
| P/OCF | 23.12 | ||
| P/B | 1.99 | ||
| P/tB | 1.99 | ||
| EV/EBITDA | 7.69 |
EPS(TTM)1.49
EY9.62%
EPS(NY)2.41
Fwd EY15.54%
FCF(TTM)-0.12
FCFYN/A
OCF(TTM)0.67
OCFY4.32%
SpS25.35
BVpS7.78
TBVpS7.78
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 15.6% | ||
| ROCE | 10.99% | ||
| ROIC | 8.64% | ||
| ROICexc | 8.9% | ||
| ROICexgc | 8.9% | ||
| OM | 7% | ||
| PM (TTM) | 4.79% | ||
| GM | 9.69% | ||
| FCFM | N/A |
ROA(3y)4.38%
ROA(5y)-1.26%
ROE(3y)10.09%
ROE(5y)-6.4%
ROIC(3y)3.18%
ROIC(5y)N/A
ROICexc(3y)3.31%
ROICexc(5y)N/A
ROICexgc(3y)3.31%
ROICexgc(5y)N/A
ROCE(3y)4.05%
ROCE(5y)N/A
ROICexcg growth 3Y6.18%
ROICexcg growth 5YN/A
ROICexc growth 3Y6.18%
ROICexc growth 5YN/A
OM growth 3Y20%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.87%
GM growth 5YN/A
F-Score6
Asset Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 89.35% | ||
| Cap/Sales | 3.12% | ||
| Interest Coverage | 4.36 | ||
| Cash Conversion | 25.18% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.84 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 1.27 |
F-Score6
WACC10.02%
ROIC/WACC0.86
Cap/Depr(3y)115.12%
Cap/Depr(5y)92.4%
Cap/Sales(3y)3.72%
Cap/Sales(5y)3.15%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)282.05%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%1300%
EPS Next Y123.94%
EPS Next 2Y47.93%
EPS Next 3Y62.41%
EPS Next 5YN/A
Revenue 1Y (TTM)11.41%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%29.5%
Revenue Next Year10.48%
Revenue Next 2Y6.98%
Revenue Next 3Y10.44%
Revenue Next 5YN/A
EBIT growth 1Y2805.26%
EBIT growth 3Y20.15%
EBIT growth 5YN/A
EBIT Next Year219.85%
EBIT Next 3Y66.3%
EBIT Next 5YN/A
FCF growth 1Y86.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y634.19%
OCF growth 3YN/A
OCF growth 5YN/A