Century Aluminum's (NASDAQ:CENX) Earnings Might Not Be As Promising As They Seem
May 08
U.S. Aluminum Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies9
- 7D5.2%
- 3M33.3%
- 1Y22.0%
- YTDn/a
The Aluminum industry is up 5.2% in the last week, with Alcoa up 6.9%. In the last 12 months, the industry was up 22%. Earnings are forecast to grow by 72% annually.
Industry Valuation and Performance
Has the U.S. Aluminum Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | US$13.1b | US$23.9b | -US$376,055,489.41 | 22.9x | -34.9x | 0.5x |
| Fri, 05 Apr 2024 | US$13.3b | US$24.4b | -US$617,418,331.89 | 27.5x | -21.5x | 0.5x |
| Sun, 03 Mar 2024 | US$10.1b | US$24.4b | -US$585,797,696.14 | 22.9x | -17.3x | 0.4x |
| Tue, 30 Jan 2024 | US$13.6b | US$32.9b | -US$985,775,762.00 | 50.6x | -13.8x | 0.4x |
| Thu, 28 Dec 2023 | US$14.7b | US$33.1b | -US$1,226,854,334.00 | 53.7x | -12x | 0.4x |
| Sat, 25 Nov 2023 | US$12.1b | US$33.0b | -US$1,229,319,589.00 | 44.1x | -9.9x | 0.4x |
| Mon, 23 Oct 2023 | US$11.4b | US$33.2b | -US$1,038,193,591.00 | 54.8x | -11x | 0.3x |
| Wed, 20 Sep 2023 | US$12.7b | US$33.5b | -US$1,614,349,784.00 | 64.2x | -7.8x | 0.4x |
| Fri, 18 Aug 2023 | US$12.8b | US$33.7b | -US$1,610,346,391.00 | 64.6x | -8x | 0.4x |
| Sun, 16 Jul 2023 | US$14.0b | US$36.4b | -US$939,361,251.00 | 18.3x | -14.9x | 0.4x |
| Tue, 13 Jun 2023 | US$13.7b | US$36.0b | -US$946,077,981.00 | 18.5x | -14.5x | 0.4x |
| Thu, 11 May 2023 | US$13.5b | US$36.2b | -US$944,029,873.00 | 18.9x | -14.3x | 0.4x |
| Sat, 08 Apr 2023 | US$13.8b | US$37.4b | US$8.0m | 8.4x | 1738.8x | 0.4x |
| Mon, 06 Mar 2023 | US$17.9b | US$37.2b | US$25.0m | 7.5x | 719.2x | 0.5x |
| Wed, 01 Feb 2023 | US$16.1b | US$36.6b | US$407.7m | 6.9x | 39.6x | 0.4x |
| Fri, 30 Dec 2022 | US$14.1b | US$37.2b | US$384.1m | 5.7x | 36.7x | 0.4x |
| Sun, 27 Nov 2022 | US$14.7b | US$36.9b | US$376.5m | 6x | 39.1x | 0.4x |
| Tue, 25 Oct 2022 | US$13.1b | US$35.6b | US$314.6m | 10.4x | 41.8x | 0.4x |
| Thu, 22 Sep 2022 | US$12.3b | US$35.9b | US$1.4b | 8.8x | 8.8x | 0.3x |
| Sat, 20 Aug 2022 | US$16.0b | US$36.0b | US$1.4b | 11x | 11.4x | 0.4x |
| Mon, 18 Jul 2022 | US$14.7b | US$33.2b | US$681.0m | 7.9x | 21.6x | 0.4x |
| Wed, 15 Jun 2022 | US$16.3b | US$33.4b | US$693.8m | 8.8x | 23.4x | 0.5x |
| Fri, 13 May 2022 | US$18.1b | US$33.5b | US$698.6m | 9.9x | 25.9x | 0.5x |
| Sun, 10 Apr 2022 | US$24.4b | US$31.2b | US$125.9m | 22.4x | 194.1x | 0.8x |
| Tue, 08 Mar 2022 | US$26.4b | US$31.2b | US$125.5m | 22.7x | 210.3x | 0.8x |
| Thu, 03 Feb 2022 | US$19.6b | US$29.4b | US$38.2m | 16.6x | 511.7x | 0.7x |
| Sat, 01 Jan 2022 | US$20.2b | US$28.5b | US$428.3m | 10.9x | 47.2x | 0.7x |
| Mon, 29 Nov 2021 | US$17.3b | US$28.5b | US$426.8m | 9.6x | 40.5x | 0.6x |
| Wed, 27 Oct 2021 | US$15.4b | US$21.4b | US$99.9m | 11.3x | 154.4x | 0.7x |
| Fri, 24 Sep 2021 | US$15.4b | US$20.2b | -US$283,400,000.00 | 21.1x | -54.2x | 0.8x |
| Sun, 22 Aug 2021 | US$13.7b | US$20.8b | -US$341,742,883.53 | 16.3x | -40.2x | 0.7x |
| Fri, 09 Jul 2021 | US$13.9b | US$20.8b | -US$341,742,883.53 | 16x | -40.7x | 0.7x |
Price to Earnings Ratio
-29.7x
Current Industry PE
- Investors are relatively neutral on the American Aluminum industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have improved over the last three years.
- Revenues for these companies have grown 8.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does U.S. Aluminum compare with similar industries?
| US Market | 3.31% | |
| Materials | 3.06% | |
| Metals and Mining | 1.91% | |
| Aluminum | 5.23% | |
| Silver | 6.27% | |
| Gold | 2.71% | |
| Diversified Metals and Mining | 2.57% | |
| Steel | 1.82% | |
| Copper | 1.07% | |
| Precious Metals and Minerals | 0.77% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AA Alcoa | US$37.57 | 6.9% +US$436.4m | 2.9% | PS0.6x | |
| KALU Kaiser Aluminum | US$97.81 | 8.1% +US$116.5m | 58.0% | PE27.9x | |
| CSTM Constellium | US$20.27 | 2.9% +US$85.2m | 34.2% | PE22.9x | |
| CENX Century Aluminum | US$17.55 | 1.2% +US$18.5m | 125.0% | PE7.5x |
