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. There are concerns on the financial health of CENX while its profitability can be described as average. CENX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CENX had positive earnings in the past year.
CENX had a negative operating cash flow in the past year.
In the past 5 years CENX reported 4 times negative net income.
In multiple years CENX reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of CENX (16.43%) is better than 94.77% of its industry peers.
CENX has a better Return On Equity (45.90%) than 97.39% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.46%, CENX is in the better half of the industry, outperforming 68.63% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CENX is significantly below the industry average of 8.53%.
The 3 year average ROIC (3.18%) for CENX is below the current ROIC(6.46%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.43% | ||
| ROE | 45.9% | ||
| ROIC | 6.46% |
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 (14.35%) is better than 83.66% of its industry peers.
CENX has a Operating Margin (5.47%) which is in line with its industry peers.
CENX's Operating Margin has improved in the last couple of years.
CENX has a worse Gross Margin (8.33%) than 60.78% of its industry peers.
CENX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.47% | ||
| PM (TTM) | 14.35% | ||
| GM | 8.33% |
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.
CENX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CENX has been increased compared to 5 years ago.
The debt/assets ratio for CENX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.10, we must say that CENX is in the distress zone and has some risk of bankruptcy.
CENX's Altman-Z score of 1.10 is on the low side compared to the rest of the industry. CENX is outperformed by 69.28% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that CENX is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.67, CENX is doing worse than 81.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.1 |
ROIC/WACC0.64
WACC10.18%
2.3 Liquidity
CENX has a Current Ratio of 1.73. This is a normal value and indicates that CENX is financially healthy and should not expect problems in meeting its short term obligations.
CENX has a Current ratio of 1.73. This is in the lower half of the industry: CENX underperforms 63.40% of its industry peers.
A Quick Ratio of 0.57 indicates that CENX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.57, CENX is doing worse than 83.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 254.84% over the past year.
CENX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.60%.
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)254.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%25.64%
Revenue 1Y (TTM)1.6%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%23.17%
3.2 Future
CENX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 62.41% yearly.
The Revenue is expected to grow by 10.44% on average over the next years. This is quite good.
EPS Next Y188.85%
EPS Next 2Y48.09%
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
The Price/Earnings ratio is 15.72, which indicates a correct valuation of CENX.
CENX's Price/Earnings ratio is rather cheap when compared to the industry. CENX is cheaper than 85.62% of the companies in the same industry.
CENX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.22.
A Price/Forward Earnings ratio of 5.44 indicates a rather cheap valuation of CENX.
Based on the Price/Forward Earnings ratio, CENX is valued cheaply inside the industry as 97.39% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.86, CENX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.72 | ||
| Fwd PE | 5.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CENX is valued a bit cheaper than 64.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.03 |
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's earnings are expected to grow with 62.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y48.09%
EPS Next 3Y62.41%
5. Dividend
5.1 Amount
No dividends for CENX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
17.29
+0.49 (+2.92%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners58.39%
Inst Owner Change0.06%
Ins Owners1.08%
Ins Owner Change0.29%
Market Cap1.60B
Analysts84.44
Price Target23.8 (37.65%)
Short Float %11.37%
Short Ratio3.04
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)2
Avg EPS beat(2)66.28%
Min EPS beat(2)7.95%
Max EPS beat(2)124.6%
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)1
Avg Revenue beat(2)9.36%
Min Revenue beat(2)-1.34%
Max Revenue beat(2)20.06%
Revenue beat(4)2
Avg Revenue beat(4)6.75%
Min Revenue beat(4)-2.59%
Max Revenue beat(4)20.06%
Revenue beat(8)6
Avg Revenue beat(8)6.86%
Revenue beat(12)7
Avg Revenue beat(12)3.73%
Revenue beat(16)7
Avg Revenue beat(16)1.6%
PT rev (1m)-6.67%
PT rev (3m)1.45%
EPS NQ rev (1m)-0.89%
EPS NQ rev (3m)38.75%
EPS NY rev (1m)24.6%
EPS NY rev (3m)76.49%
Revenue NQ rev (1m)-4.08%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.93%
Revenue NY rev (3m)3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.72 | ||
| Fwd PE | 5.44 | ||
| P/S | 0.72 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.3 | ||
| P/tB | 2.3 | ||
| EV/EBITDA | 10.03 |
EPS(TTM)1.1
EY6.36%
EPS(NY)3.18
Fwd EY18.38%
FCF(TTM)-1.16
FCFYN/A
OCF(TTM)-0.27
OCFYN/A
SpS24.06
BVpS7.52
TBVpS7.52
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.43% | ||
| ROE | 45.9% | ||
| ROCE | 8.23% | ||
| ROIC | 6.46% | ||
| ROICexc | 6.61% | ||
| ROICexgc | 6.61% | ||
| OM | 5.47% | ||
| PM (TTM) | 14.35% | ||
| GM | 8.33% | ||
| 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-Score4
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.29 | ||
| Cap/Depr | 100.61% | ||
| Cap/Sales | 3.71% | ||
| Interest Coverage | 3.37 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.73 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 1.1 |
F-Score4
WACC10.18%
ROIC/WACC0.64
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)254.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%25.64%
EPS Next Y188.85%
EPS Next 2Y48.09%
EPS Next 3Y62.41%
EPS Next 5YN/A
Revenue 1Y (TTM)1.6%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%23.17%
Revenue Next Year10.48%
Revenue Next 2Y6.98%
Revenue Next 3Y10.44%
Revenue Next 5YN/A
EBIT growth 1Y287.86%
EBIT growth 3Y20.15%
EBIT growth 5YN/A
EBIT Next Year248.74%
EBIT Next 3Y66.3%
EBIT Next 5YN/A
FCF growth 1Y-1108.49%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-123.29%
OCF growth 3YN/A
OCF growth 5YN/A