Logo image of KALU

KAISER ALUMINUM CORP (KALU) Stock Fundamental Analysis

USA - NASDAQ:KALU - US4830077040 - Common Stock

79.75 USD
-0.25 (-0.31%)
Last: 10/21/2025, 8:26:57 PM
79.75 USD
0 (0%)
After Hours: 10/21/2025, 8:26:57 PM
Fundamental Rating

5

Taking everything into account, KALU scores 5 out of 10 in our fundamental rating. KALU was compared to 155 industry peers in the Metals & Mining industry. There are concerns on the financial health of KALU while its profitability can be described as average. KALU has a correct valuation and a medium growth rate. KALU also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

KALU had positive earnings in the past year.
KALU had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: KALU reported negative net income in multiple years.
KALU had a positive operating cash flow in 4 of the past 5 years.
KALU Yearly Net Income VS EBIT VS OCF VS FCFKALU Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M -400M

1.2 Ratios

Looking at the Return On Assets, with a value of 2.54%, KALU is in the better half of the industry, outperforming 67.74% of the companies in the same industry.
KALU's Return On Equity of 8.23% is fine compared to the rest of the industry. KALU outperforms 74.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.59%, KALU is in the better half of the industry, outperforming 62.58% of the companies in the same industry.
KALU had an Average Return On Invested Capital over the past 3 years of 3.08%. This is significantly below the industry average of 12.30%.
The 3 year average ROIC (3.08%) for KALU is below the current ROIC(4.59%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 2.54%
ROE 8.23%
ROIC 4.59%
ROA(3y)0.94%
ROA(5y)0.72%
ROE(3y)3.18%
ROE(5y)2.16%
ROIC(3y)3.08%
ROIC(5y)3.31%
KALU Yearly ROA, ROE, ROICKALU Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 -20 -30

1.3 Margins

The Profit Margin of KALU (2.05%) is better than 64.52% of its industry peers.
In the last couple of years the Profit Margin of KALU has declined.
Looking at the Operating Margin, with a value of 3.90%, KALU is in line with its industry, outperforming 56.77% of the companies in the same industry.
KALU's Operating Margin has declined in the last couple of years.
KALU has a Gross Margin (11.55%) which is in line with its industry peers.
KALU's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 3.9%
PM (TTM) 2.05%
GM 11.55%
OM growth 3Y0.96%
OM growth 5Y-20.66%
PM growth 3YN/A
PM growth 5Y-17.68%
GM growth 3Y1.76%
GM growth 5Y-11.02%
KALU Yearly Profit, Operating, Gross MarginsKALU Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20

3

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), KALU is destroying value.
Compared to 1 year ago, KALU has more shares outstanding
Compared to 5 years ago, KALU has more shares outstanding
Compared to 1 year ago, KALU has an improved debt to assets ratio.
KALU Yearly Shares OutstandingKALU Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M
KALU Yearly Total Debt VS Total AssetsKALU Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

KALU has an Altman-Z score of 2.25. This is not the best score and indicates that KALU is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of KALU (2.25) is worse than 62.58% of its industry peers.
KALU has a Debt/Equity ratio of 1.39. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.39, KALU is not doing good in the industry: 89.68% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF N/A
Altman-Z 2.25
ROIC/WACC0.57
WACC8.05%
KALU Yearly LT Debt VS Equity VS FCFKALU Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B

2.3 Liquidity

KALU has a Current Ratio of 2.70. This indicates that KALU is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.70, KALU is in line with its industry, outperforming 56.13% of the companies in the same industry.
KALU has a Quick Ratio of 1.30. This is a normal value and indicates that KALU is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of KALU (1.30) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.7
Quick Ratio 1.3
KALU Yearly Current Assets VS Current LiabilitesKALU Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

6

3. Growth

3.1 Past

KALU shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 27.84%, which is quite impressive.
Measured over the past years, KALU shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -18.22% on average per year.
KALU shows a small growth in Revenue. In the last year, the Revenue has grown by 4.62%.
Measured over the past years, KALU shows a quite strong growth in Revenue. The Revenue has been growing by 14.84% on average per year.
EPS 1Y (TTM)27.84%
EPS 3Y1.36%
EPS 5Y-18.22%
EPS Q2Q%86.15%
Revenue 1Y (TTM)4.62%
Revenue growth 3Y4.87%
Revenue growth 5Y14.84%
Sales Q2Q%6.43%

3.2 Future

The Earnings Per Share is expected to grow by 59.75% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 17.02% on average over the next years. This is quite good.
EPS Next Y88.56%
EPS Next 2Y59.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.3%
Revenue Next 2Y17.02%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
KALU Yearly Revenue VS EstimatesKALU Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1B 2B 3B 4B
KALU Yearly EPS VS EstimatesKALU Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 22.85, which indicates a rather expensive current valuation of KALU.
Based on the Price/Earnings ratio, KALU is valued a bit cheaper than 77.42% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.77, KALU is valued at the same level.
Based on the Price/Forward Earnings ratio of 12.45, the valuation of KALU can be described as correct.
74.19% of the companies in the same industry are more expensive than KALU, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.23. KALU is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 22.85
Fwd PE 12.45
KALU Price Earnings VS Forward Price EarningsKALU Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

KALU's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. KALU is cheaper than 76.13% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 9.82
KALU Per share dataKALU EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as KALU's earnings are expected to grow with 59.75% in the coming years.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y59.75%
EPS Next 3YN/A

7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 3.87%, KALU has a reasonable but not impressive dividend return.
KALU's Dividend Yield is rather good when compared to the industry average which is at 2.42. KALU pays more dividend than 94.19% of the companies in the same industry.
KALU's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
Industry RankSector Rank
Dividend Yield 3.87%

5.2 History

The dividend of KALU has a limited annual growth rate of 5.17%.
KALU has paid a dividend for at least 10 years, which is a reliable track record.
KALU has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.17%
Div Incr Years0
Div Non Decr Years17
KALU Yearly Dividends per shareKALU Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3

5.3 Sustainability

79.97% of the earnings are spent on dividend by KALU. This is not a sustainable payout ratio.
The dividend of KALU is growing, but earnings are growing more, so the dividend growth is sustainable.
DP79.97%
EPS Next 2Y59.75%
EPS Next 3YN/A
KALU Yearly Income VS Free CF VS DividendKALU Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200M -400M
KALU Dividend Payout.KALU Dividend Payout, showing the Payout Ratio.KALU Dividend Payout.PayoutRetained Earnings

KAISER ALUMINUM CORP

NASDAQ:KALU (10/21/2025, 8:26:57 PM)

After market: 79.75 0 (0%)

79.75

-0.25 (-0.31%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)07-23 2025-07-23/amc
Earnings (Next)10-22 2025-10-22/amc
Inst Owners98.15%
Inst Owner Change0.26%
Ins Owners1.14%
Ins Owner Change1.57%
Market Cap1.29B
Analysts43.33
Price Target75.48 (-5.35%)
Short Float %3.41%
Short Ratio4.88
Dividend
Industry RankSector Rank
Dividend Yield 3.87%
Yearly Dividend3.16
Dividend Growth(5Y)5.17%
DP79.97%
Div Incr Years0
Div Non Decr Years17
Ex-Date07-25 2025-07-25 (0.77)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)93.25%
Min EPS beat(2)55.07%
Max EPS beat(2)131.44%
EPS beat(4)2
Avg EPS beat(4)24.32%
Min EPS beat(4)-49.45%
Max EPS beat(4)131.44%
EPS beat(8)4
Avg EPS beat(8)92.14%
EPS beat(12)7
Avg EPS beat(12)-5.09%
EPS beat(16)7
Avg EPS beat(16)-18.9%
Revenue beat(2)1
Avg Revenue beat(2)-1.77%
Min Revenue beat(2)-6.14%
Max Revenue beat(2)2.6%
Revenue beat(4)2
Avg Revenue beat(4)-1.68%
Min Revenue beat(4)-6.14%
Max Revenue beat(4)2.6%
Revenue beat(8)3
Avg Revenue beat(8)-1.74%
Revenue beat(12)5
Avg Revenue beat(12)-1.28%
Revenue beat(16)8
Avg Revenue beat(16)-0.24%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)10.63%
EPS NQ rev (3m)-18.81%
EPS NY rev (1m)-9.9%
EPS NY rev (3m)-5.6%
Revenue NQ rev (1m)-6.39%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)5.45%
Valuation
Industry RankSector Rank
PE 22.85
Fwd PE 12.45
P/S 0.41
P/FCF N/A
P/OCF 8.58
P/B 1.66
P/tB 1.81
EV/EBITDA 9.82
EPS(TTM)3.49
EY4.38%
EPS(NY)6.41
Fwd EY8.03%
FCF(TTM)-2.38
FCFYN/A
OCF(TTM)9.3
OCFY11.66%
SpS192.44
BVpS47.96
TBVpS44.13
PEG (NY)0.26
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 2.54%
ROE 8.23%
ROCE 5.82%
ROIC 4.59%
ROICexc 4.62%
ROICexgc 4.76%
OM 3.9%
PM (TTM) 2.05%
GM 11.55%
FCFM N/A
ROA(3y)0.94%
ROA(5y)0.72%
ROE(3y)3.18%
ROE(5y)2.16%
ROIC(3y)3.08%
ROIC(5y)3.31%
ROICexc(3y)3.17%
ROICexc(5y)4.17%
ROICexgc(3y)3.29%
ROICexgc(5y)4.37%
ROCE(3y)3.91%
ROCE(5y)4.2%
ROICexcg growth 3Y0.26%
ROICexcg growth 5Y-19.86%
ROICexc growth 3Y1.34%
ROICexc growth 5Y-19.63%
OM growth 3Y0.96%
OM growth 5Y-20.66%
PM growth 3YN/A
PM growth 5Y-17.68%
GM growth 3Y1.76%
GM growth 5Y-11.02%
F-Score7
Asset Turnover1.24
Health
Industry RankSector Rank
Debt/Equity 1.39
Debt/FCF N/A
Debt/EBITDA 4.49
Cap/Depr 159.81%
Cap/Sales 6.07%
Interest Coverage 2.92
Cash Conversion 62.75%
Profit Quality N/A
Current Ratio 2.7
Quick Ratio 1.3
Altman-Z 2.25
F-Score7
WACC8.05%
ROIC/WACC0.57
Cap/Depr(3y)140.16%
Cap/Depr(5y)249.82%
Cap/Sales(3y)4.92%
Cap/Sales(5y)8.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)27.84%
EPS 3Y1.36%
EPS 5Y-18.22%
EPS Q2Q%86.15%
EPS Next Y88.56%
EPS Next 2Y59.75%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.62%
Revenue growth 3Y4.87%
Revenue growth 5Y14.84%
Sales Q2Q%6.43%
Revenue Next Year15.3%
Revenue Next 2Y17.02%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y23.6%
EBIT growth 3Y5.87%
EBIT growth 5Y-8.89%
EBIT Next Year167.33%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y80.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y774.44%
OCF growth 3Y28.15%
OCF growth 5Y-6.38%