CENTURY ALUMINUM COMPANY (CENX) Stock Fundamental Analysis
USA - NASDAQ:CENX - US1564311082 - Common Stock
32.01 USD
-0.9 (-2.73%)
32.03 USD
+0.02 (+0.06%)
Overall CENX gets a fundamental rating of 4 out of 10. We evaluated CENX against 156 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
In the past year CENX was profitable.
In the past year CENX had a positive cash flow from operations.
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
CENX has a Return On Assets of 5.71%. This is in the better half of the industry: CENX outperforms 77.56% of its industry peers.
Looking at the Return On Equity, with a value of 15.35%, CENX belongs to the top of the industry, outperforming 87.82% of the companies in the same industry.
CENX has a better Return On Invested Capital (9.44%) than 82.05% 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 12.18%.
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 | 5.71% | ||
| ROE | 15.35% | ||
| ROIC | 9.44% |
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 (4.57%) is better than 71.15% of its industry peers.
CENX has a better Operating Margin (7.40%) than 62.18% of its industry peers.
CENX's Operating Margin has improved in the last couple of years.
The Gross Margin of CENX (10.07%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CENX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.4% | ||
| PM (TTM) | 4.57% | ||
| GM | 10.07% |
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
CENX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CENX has more shares outstanding
The number of shares outstanding for CENX has been increased compared to 5 years ago.
CENX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.09 indicates that CENX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CENX (2.09) is worse than 68.59% of its industry peers.
A Debt/Equity ratio of 0.64 indicates that CENX is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.64, CENX is doing worse than 81.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.09 |
ROIC/WACC0.99
WACC9.55%
2.3 Liquidity
CENX has a Current Ratio of 1.75. This is a normal value and indicates that CENX is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.75, CENX is not doing good in the industry: 63.46% of the companies in the same industry are doing better.
A Quick Ratio of 0.61 indicates that CENX may have some problems paying its short term obligations.
With a Quick ratio value of 0.61, CENX is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
| 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 641.67%, which is quite impressive.
Looking at the last year, CENX shows a quite strong growth in Revenue. The Revenue has grown by 15.38% in the last year.
CENX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.87% yearly.
EPS 1Y (TTM)641.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%2900%
Revenue 1Y (TTM)15.38%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%12%
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 Y112.35%
EPS Next 2Y59.98%
EPS Next 3Y62.41%
EPS Next 5YN/A
Revenue Next Year21.11%
Revenue Next 2Y11.33%
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 17.98, the valuation of CENX can be described as rather expensive.
84.62% of the companies in the same industry are more expensive than CENX, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.50. CENX is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 11.37 indicates a reasonable valuation of CENX.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CENX indicates a somewhat cheap valuation: CENX is cheaper than 79.49% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of CENX to the average of the S&P500 Index (22.99), we can say CENX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.98 | ||
| Fwd PE | 11.37 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CENX is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.44 |
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.
The decent profitability rating of CENX 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)0.16
PEG (5Y)N/A
EPS Next 2Y59.98%
EPS Next 3Y62.41%
5. Dividend
5.1 Amount
CENX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
32.01
-0.9 (-2.73%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners61.86%
Inst Owner Change0.24%
Ins Owners0.97%
Ins Owner Change0%
Market Cap2.99B
Analysts82.5
Price Target27.54 (-13.96%)
Short Float %11.87%
Short Ratio3.58
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)5.88%
PT rev (3m)19.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)12.16%
EPS NY rev (1m)29.38%
EPS NY rev (3m)-6.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)10.99%
Revenue NY rev (1m)0%
Revenue NY rev (3m)9.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.98 | ||
| Fwd PE | 11.37 | ||
| P/S | 1.23 | ||
| P/FCF | N/A | ||
| P/OCF | 50.73 | ||
| P/B | 4.12 | ||
| P/tB | 4.12 | ||
| EV/EBITDA | 13.44 |
EPS(TTM)1.78
EY5.56%
EPS(NY)2.82
Fwd EY8.79%
FCF(TTM)-0.23
FCFYN/A
OCF(TTM)0.63
OCFY1.97%
SpS26.06
BVpS7.76
TBVpS7.76
PEG (NY)0.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.71% | ||
| ROE | 15.35% | ||
| ROCE | 12.01% | ||
| ROIC | 9.44% | ||
| ROICexc | 9.7% | ||
| ROICexgc | 9.7% | ||
| OM | 7.4% | ||
| PM (TTM) | 4.57% | ||
| GM | 10.07% | ||
| 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 Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 99.02% | ||
| Cap/Sales | 3.32% | ||
| Interest Coverage | 4.72 | ||
| Cash Conversion | 22.53% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 2.09 |
F-Score6
WACC9.55%
ROIC/WACC0.99
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)641.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%2900%
EPS Next Y112.35%
EPS Next 2Y59.98%
EPS Next 3Y62.41%
EPS Next 5YN/A
Revenue 1Y (TTM)15.38%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%12%
Revenue Next Year21.11%
Revenue Next 2Y11.33%
Revenue Next 3Y10.44%
Revenue Next 5YN/A
EBIT growth 1Y1305.47%
EBIT growth 3Y20.15%
EBIT growth 5YN/A
EBIT Next Year231.45%
EBIT Next 3Y66.3%
EBIT Next 5YN/A
FCF growth 1Y81.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y232.06%
OCF growth 3YN/A
OCF growth 5YN/A