CENTURY ALUMINUM COMPANY (CENX) Stock Fundamental Analysis
USA - NASDAQ:CENX - US1564311082 - Common Stock
28.78 USD
-0.26 (-0.9%)
28.73 USD
-0.05 (-0.17%)
CENX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. CENX has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on CENX.
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.
CENX had negative earnings in 4 of the past 5 years.
In multiple years CENX reported negative operating cash flow during the last 5 years.
1.2 Ratios
CENX's Return On Assets of 5.72% is fine compared to the rest of the industry. CENX outperforms 74.03% of its industry peers.
CENX has a Return On Equity of 15.39%. This is amongst the best in the industry. CENX outperforms 87.01% of its industry peers.
CENX has a better Return On Invested Capital (9.44%) than 79.22% 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 12.85%.
The 3 year average ROIC (3.18%) for CENX is below the current ROIC(9.44%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.72% | ||
| ROE | 15.39% | ||
| ROIC | 9.44% |
ROA(3y)4.39%
ROA(5y)-1.26%
ROE(3y)10.12%
ROE(5y)-6.38%
ROIC(3y)3.18%
ROIC(5y)N/A
1.3 Margins
CENX's Profit Margin of 4.58% is fine compared to the rest of the industry. CENX outperforms 68.18% of its industry peers.
Looking at the Operating Margin, with a value of 7.40%, CENX is in the better half of the industry, outperforming 62.99% of the companies in the same industry.
In the last couple of years the Operating Margin of CENX has grown nicely.
CENX has a Gross Margin (10.07%) which is comparable to the rest of the industry.
CENX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.4% | ||
| PM (TTM) | 4.58% | ||
| GM | 10.07% |
OM growth 3Y19.87%
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 remains at a similar level compared to 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
An Altman-Z score of 1.90 indicates that CENX is not a great score, but indicates only limited risk for bankruptcy at the moment.
CENX's Altman-Z score of 1.90 is on the low side compared to the rest of the industry. CENX is outperformed by 68.83% of its industry peers.
A Debt/Equity ratio of 0.64 indicates that CENX is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.64, CENX is not doing good in the industry: 81.17% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.9 |
ROIC/WACC0.98
WACC9.66%
2.3 Liquidity
A Current Ratio of 1.75 indicates that CENX should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.75, CENX is doing worse than 65.58% of the companies in the same industry.
A Quick Ratio of 0.61 indicates that CENX may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.61, CENX is doing worse than 83.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
CENX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 71.00%, which is quite impressive.
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)71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-11.11%
Revenue 1Y (TTM)1.6%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%17.27%
3.2 Future
Based on estimates for the next years, CENX will show a very strong growth in Earnings Per Share. The EPS will grow by 56.07% on average per year.
CENX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.02% yearly.
EPS Next Y134.14%
EPS Next 2Y91.87%
EPS Next 3Y56.07%
EPS Next 5YN/A
Revenue Next Year20.78%
Revenue Next 2Y14.75%
Revenue Next 3Y10.02%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.83, which indicates a correct valuation of CENX.
86.36% of the companies in the same industry are more expensive than CENX, based on the Price/Earnings ratio.
CENX's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.89.
CENX is valuated cheaply with a Price/Forward Earnings ratio of 7.11.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CENX indicates a rather cheap valuation: CENX is cheaper than 92.21% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.59. CENX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.83 | ||
| Fwd PE | 7.11 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CENX is valued a bit cheaper than 68.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.98 |
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.
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 56.07% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y91.87%
EPS Next 3Y56.07%
5. Dividend
5.1 Amount
CENX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
28.78
-0.26 (-0.9%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners61.86%
Inst Owner Change1%
Ins Owners0.97%
Ins Owner Change-44.51%
Market Cap2.69B
Revenue(TTM)2.22B
Net Income(TTM)111.40M
Analysts82.22
Price Target31.28 (8.69%)
Short Float %15.48%
Short Ratio4.15
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)0
Avg EPS beat(2)-23.64%
Min EPS beat(2)-36.41%
Max EPS beat(2)-10.87%
EPS beat(4)2
Avg EPS beat(4)21.32%
Min EPS beat(4)-36.41%
Max EPS beat(4)124.6%
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)4.14%
Min Revenue beat(2)0.68%
Max Revenue beat(2)7.6%
Revenue beat(4)3
Avg Revenue beat(4)6.75%
Min Revenue beat(4)-1.34%
Max Revenue beat(4)20.06%
Revenue beat(8)6
Avg Revenue beat(8)5.91%
Revenue beat(12)8
Avg Revenue beat(12)4.73%
Revenue beat(16)9
Avg Revenue beat(16)2.71%
PT rev (1m)13.58%
PT rev (3m)36.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)23.53%
EPS NY rev (1m)10.26%
EPS NY rev (3m)3.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.1%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)5.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.83 | ||
| Fwd PE | 7.11 | ||
| P/S | 1.1 | ||
| P/FCF | N/A | ||
| P/OCF | 46.08 | ||
| P/B | 3.71 | ||
| P/tB | 3.71 | ||
| EV/EBITDA | 11.98 |
EPS(TTM)1.71
EY5.94%
EPS(NY)4.05
Fwd EY14.07%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)0.62
OCFY2.17%
SpS26.06
BVpS7.76
TBVpS7.76
PEG (NY)0.13
PEG (5Y)N/A
Graham Number17.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.72% | ||
| ROE | 15.39% | ||
| ROCE | 12.02% | ||
| ROIC | 9.44% | ||
| ROICexc | 9.71% | ||
| ROICexgc | 9.71% | ||
| OM | 7.4% | ||
| PM (TTM) | 4.58% | ||
| GM | 10.07% | ||
| FCFM | N/A |
ROA(3y)4.39%
ROA(5y)-1.26%
ROE(3y)10.12%
ROE(5y)-6.38%
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
ROICexgc growth 3Y6.08%
ROICexgc growth 5YN/A
ROICexc growth 3Y6.08%
ROICexc growth 5YN/A
OM growth 3Y19.87%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y12.87%
GM growth 5YN/A
F-Score6
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 98.77% | ||
| Cap/Sales | 3.29% | ||
| Interest Coverage | 4.74 | ||
| Cash Conversion | 22.34% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 1.9 |
F-Score6
WACC9.66%
ROIC/WACC0.98
Cap/Depr(3y)114.75%
Cap/Depr(5y)92.17%
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)71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-11.11%
EPS Next Y134.14%
EPS Next 2Y91.87%
EPS Next 3Y56.07%
EPS Next 5YN/A
Revenue 1Y (TTM)1.6%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%17.27%
Revenue Next Year20.78%
Revenue Next 2Y14.75%
Revenue Next 3Y10.02%
Revenue Next 5YN/A
EBIT growth 1Y1306.25%
EBIT growth 3Y20.01%
EBIT growth 5YN/A
EBIT Next Year231.45%
EBIT Next 3Y66.3%
EBIT Next 5YN/A
FCF growth 1Y81.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y230.72%
OCF growth 3YN/A
OCF growth 5YN/A
CENTURY ALUMINUM COMPANY / CENX FAQ
Can you provide the ChartMill fundamental rating for CENTURY ALUMINUM COMPANY?
ChartMill assigns a fundamental rating of 4 / 10 to CENX.
What is the valuation status of CENTURY ALUMINUM COMPANY (CENX) stock?
ChartMill assigns a valuation rating of 7 / 10 to CENTURY ALUMINUM COMPANY (CENX). This can be considered as Undervalued.
How profitable is CENTURY ALUMINUM COMPANY (CENX) stock?
CENTURY ALUMINUM COMPANY (CENX) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for CENX stock?
The Price/Earnings (PE) ratio for CENTURY ALUMINUM COMPANY (CENX) is 16.83 and the Price/Book (PB) ratio is 3.71.