KAISER ALUMINUM CORP (KALU) Stock Fundamental Analysis
USA - NASDAQ:KALU - US4830077040 - Common Stock
93.58 USD
+0.5 (+0.54%)
93.58 USD
0 (0%)
Overall KALU gets a fundamental rating of 4 out of 10. We evaluated KALU against 154 industry peers in the Metals & Mining industry. While KALU is still in line with the averages on profitability rating, there are concerns on its financial health. KALU has a correct valuation and a medium growth rate. Finally KALU also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year KALU was profitable.
KALU had a positive operating cash flow in the past year.
In multiple years KALU reported negative net income over the last 5 years.
Of the past 5 years KALU 4 years had a positive operating cash flow.
1.2 Ratios
KALU's Return On Assets of 2.54% is fine compared to the rest of the industry. KALU outperforms 66.88% of its industry peers.
KALU's Return On Equity of 8.23% is fine compared to the rest of the industry. KALU outperforms 74.03% of its industry peers.
The Return On Invested Capital of KALU (4.59%) is better than 62.99% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for KALU is significantly below the industry average of 12.40%.
The 3 year average ROIC (3.08%) for KALU is below the current ROIC(4.59%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
The Profit Margin of KALU (2.05%) is better than 64.94% of its industry peers.
KALU's Profit Margin has declined in the last couple of years.
The Operating Margin of KALU (3.90%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of KALU has declined.
KALU has a Gross Margin (11.55%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of KALU has declined.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
KALU has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
KALU has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, KALU has more shares outstanding
The debt/assets ratio for KALU has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.32 indicates that KALU is not a great score, but indicates only limited risk for bankruptcy at the moment.
KALU's Altman-Z score of 2.32 is in line compared to the rest of the industry. KALU outperforms 40.26% of its industry peers.
A Debt/Equity ratio of 1.39 is on the high side and indicates that KALU has dependencies on debt financing.
KALU has a worse Debt to Equity ratio (1.39) than 88.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.39 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.32 |
ROIC/WACC0.56
WACC8.15%
2.3 Liquidity
A Current Ratio of 2.70 indicates that KALU has no problem at all paying its short term obligations.
KALU's Current ratio of 2.70 is in line compared to the rest of the industry. KALU outperforms 55.84% of its industry peers.
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.
KALU has a Quick ratio (1.30) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.7 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 74.10% over the past year.
KALU shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -18.22% yearly.
Looking at the last year, KALU shows a small growth in Revenue. The Revenue has grown by 7.69% in the last year.
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)74.1%
EPS 3Y1.36%
EPS 5Y-18.22%
EPS Q2Q%264.71%
Revenue 1Y (TTM)7.69%
Revenue growth 3Y4.87%
Revenue growth 5Y14.84%
Sales Q2Q%12.81%
3.2 Future
Based on estimates for the next years, KALU will show a very strong growth in Earnings Per Share. The EPS will grow by 48.45% on average per year.
Based on estimates for the next years, KALU will show a small growth in Revenue. The Revenue will grow by 3.95% on average per year.
EPS Next Y92.22%
EPS Next 2Y63.02%
EPS Next 3Y48.45%
EPS Next 5YN/A
Revenue Next Year10.91%
Revenue Next 2Y11.16%
Revenue Next 3Y3.95%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.33, the valuation of KALU can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of KALU indicates a rather cheap valuation: KALU is cheaper than 81.17% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.00, KALU is valued a bit cheaper.
A Price/Forward Earnings ratio of 14.03 indicates a correct valuation of KALU.
Based on the Price/Forward Earnings ratio, KALU is valued a bit cheaper than the industry average as 67.53% of the companies are valued more expensively.
KALU is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.87, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.33 | ||
| Fwd PE | 14.03 |
4.2 Price Multiples
72.73% of the companies in the same industry are more expensive than KALU, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.76 |
4.3 Compensation for Growth
KALU's 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 48.45% in the coming years.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y63.02%
EPS Next 3Y48.45%
5. Dividend
5.1 Amount
KALU has a Yearly Dividend Yield of 3.31%.
Compared to an average industry Dividend Yield of 2.52, KALU pays a better dividend. On top of this KALU pays more dividend than 94.16% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, KALU pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
5.2 History
The dividend of KALU has a limited annual growth rate of 5.17%.
KALU has been paying a dividend for at least 10 years, so it has a reliable track record.
KALU has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.17%
Div Incr Years0
Div Non Decr Years17
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 2Y63.02%
EPS Next 3Y48.45%
93.58
+0.5 (+0.54%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners98.15%
Inst Owner Change1.89%
Ins Owners1.14%
Ins Owner Change1.57%
Market Cap1.51B
Revenue(TTM)3.21B
Net Income(TTM)63.90M
Analysts43.33
Price Target108.63 (16.08%)
Short Float %3.84%
Short Ratio4.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly Dividend3.16
Dividend Growth(5Y)5.17%
DP79.97%
Div Incr Years0
Div Non Decr Years17
Ex-Date
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)1.94%
EPS NY rev (3m)-3.76%
Revenue NQ rev (1m)-6.39%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)-3.81%
Revenue NY rev (3m)1.43%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.33 | ||
| Fwd PE | 14.03 | ||
| P/S | 0.49 | ||
| P/FCF | N/A | ||
| P/OCF | 10.07 | ||
| P/B | 1.95 | ||
| P/tB | 2.12 | ||
| EV/EBITDA | 10.76 |
EPS(TTM)4.84
EY5.17%
EPS(NY)6.67
Fwd EY7.13%
FCF(TTM)-2.38
FCFYN/A
OCF(TTM)9.3
OCFY9.93%
SpS192.44
BVpS47.96
TBVpS44.13
PEG (NY)0.21
PEG (5Y)N/A
Graham Number72.27
Profitability
| Industry Rank | Sector 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%
ROICexgc growth 3Y0.26%
ROICexgc 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 Rank | Sector 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 | 2.32 |
F-Score7
WACC8.15%
ROIC/WACC0.56
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)74.1%
EPS 3Y1.36%
EPS 5Y-18.22%
EPS Q2Q%264.71%
EPS Next Y92.22%
EPS Next 2Y63.02%
EPS Next 3Y48.45%
EPS Next 5YN/A
Revenue 1Y (TTM)7.69%
Revenue growth 3Y4.87%
Revenue growth 5Y14.84%
Sales Q2Q%12.81%
Revenue Next Year10.91%
Revenue Next 2Y11.16%
Revenue Next 3Y3.95%
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%
KAISER ALUMINUM CORP / KALU FAQ
What is the ChartMill fundamental rating of KAISER ALUMINUM CORP (KALU) stock?
ChartMill assigns a fundamental rating of 4 / 10 to KALU.
Can you provide the valuation status for KAISER ALUMINUM CORP?
ChartMill assigns a valuation rating of 5 / 10 to KAISER ALUMINUM CORP (KALU). This can be considered as Fairly Valued.
What is the profitability of KALU stock?
KAISER ALUMINUM CORP (KALU) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for KALU stock?
The Price/Earnings (PE) ratio for KAISER ALUMINUM CORP (KALU) is 19.33 and the Price/Book (PB) ratio is 1.95.
What is the earnings growth outlook for KAISER ALUMINUM CORP?
The Earnings per Share (EPS) of KAISER ALUMINUM CORP (KALU) is expected to grow by 92.22% in the next year.