48.3 USD
+0.55 (+1.15%)
48.3 USD
0 (0%)
CENX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 156 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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year CENX was profitable.
- CENX had a positive 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
- CENX has a Return On Assets of 3.78%. This is in the better half of the industry: CENX outperforms 71.15% of its industry peers.
- The Return On Equity of CENX (10.88%) is better than 77.56% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 8.91%, CENX is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- CENX had an Average Return On Invested Capital over the past 3 years of 3.18%. This is significantly below the industry average of 10.34%.
- The 3 year average ROIC (3.18%) for CENX is below the current ROIC(8.91%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 10.88% | ||
| ROIC | 8.91% |
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 (3.20%) is better than 64.10% of its industry peers.
- CENX's Operating Margin of 6.89% is fine compared to the rest of the industry. CENX outperforms 60.26% of its industry peers.
- In the last couple of years the Operating Margin of CENX has grown nicely.
- Looking at the Gross Margin, with a value of 9.52%, CENX is doing worse than 60.90% of the companies in the same industry.
- In the last couple of years the Gross Margin of CENX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.89% | ||
| PM (TTM) | 3.2% | ||
| GM | 9.52% |
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.
- 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
- An Altman-Z score of 2.57 indicates that CENX is not a great score, but indicates only limited risk for bankruptcy at the moment.
- CENX has a Altman-Z score of 2.57. This is in the lower half of the industry: CENX underperforms 64.74% of its industry peers.
- A Debt/Equity ratio of 0.66 indicates that CENX is somewhat dependend on debt financing.
- CENX's Debt to Equity ratio of 0.66 is on the low side compared to the rest of the industry. CENX is outperformed by 78.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.57 |
ROIC/WACC0.85
WACC10.47%
2.3 Liquidity
- CENX has a Current Ratio of 1.71. 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 worse Current ratio (1.71) than 65.38% of its industry peers.
- CENX has a Quick Ratio of 1.71. This is a bad value and indicates that CENX is not financially healthy enough and could expect problems in meeting its short term obligations.
- CENX's Quick ratio of 0.79 is on the low side compared to the rest of the industry. CENX is outperformed by 78.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 71.00% over the past year.
- Looking at the last year, CENX shows a very strong growth in Revenue. The Revenue has grown by 20.15%.
- The Revenue has been growing slightly by 3.87% on average over the past years.
EPS 1Y (TTM)71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-11.11%
Revenue 1Y (TTM)20.15%
Revenue growth 3Y0.12%
Revenue growth 5Y3.87%
Sales Q2Q%17.27%
3.2 Future
- CENX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 68.18% yearly.
- The Revenue is expected to grow by 15.21% on average over the next years. This is quite good.
EPS Next Y129.04%
EPS Next 2Y125.63%
EPS Next 3Y68.18%
EPS Next 5YN/A
Revenue Next Year20.74%
Revenue Next 2Y13.26%
Revenue Next 3Y15.21%
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
- With a Price/Earnings ratio of 28.25, CENX can be considered very expensive at the moment.
- Based on the Price/Earnings ratio, CENX is valued a bit cheaper than 76.92% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.32. CENX is around the same levels.
- With a Price/Forward Earnings ratio of 8.63, the valuation of CENX can be described as very reasonable.
- 92.31% of the companies in the same industry are more expensive than CENX, based on the Price/Forward Earnings ratio.
- CENX is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.25 | ||
| Fwd PE | 8.63 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CENX indicates a somewhat cheap valuation: CENX is cheaper than 62.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.66 |
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 CENX's earnings are expected to grow with 68.18% in the coming years.
PEG (NY)0.22
PEG (5Y)N/A
EPS Next 2Y125.63%
EPS Next 3Y68.18%
5. Dividend
5.1 Amount
- CENX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 for CENX stock?
ChartMill assigns a valuation rating of 5 / 10 to CENTURY ALUMINUM COMPANY (CENX). This can be considered as Fairly Valued.
What is the profitability of CENX stock?
CENTURY ALUMINUM COMPANY (CENX) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for CENX stock?
The Price/Earnings (PE) ratio for CENTURY ALUMINUM COMPANY (CENX) is 28.25 and the Price/Book (PB) ratio is 6.08.