company background image
CBAV

Companhia Brasileira de Alumínio BOVESPA:CBAV3 Stock Report

Last Price

R$11.50

Market Cap

R$6.9b

7D

3.2%

1Y

n/a

Updated

24 Jun, 2022

Data

Company Financials +
CBAV3 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

CBAV3 Stock Overview

Companhia Brasileira de Alumínio produces and sells aluminum products in Brazil and internationally.

Companhia Brasileira de Alumínio Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Companhia Brasileira de Alumínio
Historical stock prices
Current Share PriceR$11.50
52 Week HighR$24.90
52 Week LowR$9.80
Beta0
1 Month Change-27.08%
3 Month Change-49.41%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-3.28%

Recent News & Updates

Mar 23
The Strong Earnings Posted By Companhia Brasileira de Alumínio (BVMF:CBAV3) Are A Good Indication Of The Strength Of The Business

The Strong Earnings Posted By Companhia Brasileira de Alumínio (BVMF:CBAV3) Are A Good Indication Of The Strength Of The Business

Companhia Brasileira de Alumínio's ( BVMF:CBAV3 ) strong earnings report was rewarded with a positive stock price move...

Shareholder Returns

CBAV3BR Metals and MiningBR Market
7D3.2%-3.3%-0.8%
1Yn/a-37.8%-29.7%

Return vs Industry: Insufficient data to determine how CBAV3 performed against the BR Metals and Mining industry.

Return vs Market: Insufficient data to determine how CBAV3 performed against the BR Market.

Price Volatility

Is CBAV3's price volatile compared to industry and market?
CBAV3 volatility
CBAV3 Average Weekly Movement8.8%
Metals and Mining Industry Average Movement6.2%
Market Average Movement5.9%
10% most volatile stocks in BR Market9.2%
10% least volatile stocks in BR Market2.8%

Stable Share Price: CBAV3 is more volatile than 75% of BR stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: CBAV3's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of BR stocks.

About the Company

FoundedEmployeesCEOWebsite
1941n/aRicardo de Carvalhohttps://www.cba.com.br

Companhia Brasileira de Alumínio produces and sells aluminum products in Brazil and internationally. The company provides foils, ingots, billets, sheets, coils, slabs, tiles, sheets, rebars, extruded profiles, and other aluminum products. It also holds an interest in the bauxite mining units located in Poços de Caldas, Miraí, and Itamarati de Minas, Minas Gerais state; and in Barro Alto in the state of Goiás.

Companhia Brasileira de Alumínio Fundamentals Summary

How do Companhia Brasileira de Alumínio's earnings and revenue compare to its market cap?
CBAV3 fundamental statistics
Market CapR$6.85b
Earnings (TTM)R$1.30b
Revenue (TTM)R$8.92b

5.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBAV3 income statement (TTM)
RevenueR$8.92b
Cost of RevenueR$7.19b
Gross ProfitR$1.73b
Other ExpensesR$431.92m
EarningsR$1.30b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.18
Gross Margin19.41%
Net Profit Margin14.57%
Debt/Equity Ratio50.4%

How did CBAV3 perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

3%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CBAV3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CBAV3?

Other financial metrics that can be useful for relative valuation.

CBAV3 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA3.4x
PEG Ratio-0.6x

Price to Earnings Ratio vs Peers

How does CBAV3's PE Ratio compare to its peers?

CBAV3 PE Ratio vs Peers
The above table shows the PE ratio for CBAV3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average2.4x

Price-To-Earnings vs Peers: CBAV3 is expensive based on its Price-To-Earnings Ratio (5.3x) compared to the peer average (2.4x).


Price to Earnings Ratio vs Industry

How does CBAV3's PE Ratio compare vs other companies in the Metals and Mining Industry?

Price-To-Earnings vs Industry: CBAV3 is expensive based on its Price-To-Earnings Ratio (5.3x) compared to the BR Metals and Mining industry average (3.1x)


Price to Earnings Ratio vs Fair Ratio

What is CBAV3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CBAV3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.3x
Fair PE Ratio5.5x

Price-To-Earnings vs Fair Ratio: CBAV3 is good value based on its Price-To-Earnings Ratio (5.3x) compared to the estimated Fair Price-To-Earnings Ratio (5.5x).


Share Price vs Fair Value

What is the Fair Price of CBAV3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CBAV3 (R$11.5) is trading below our estimate of fair value (R$47.82)

Significantly Below Fair Value: CBAV3 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: CBAV3's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Discover undervalued companies

Future Growth

How is Companhia Brasileira de Alumínio forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-9.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBAV3's earnings are forecast to decline over the next 3 years (-9.1% per year).

Earnings vs Market: CBAV3's earnings are forecast to decline over the next 3 years (-9.1% per year).

High Growth Earnings: CBAV3's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CBAV3's revenue (4.5% per year) is forecast to grow slower than the BR market (5.7% per year).

High Growth Revenue: CBAV3's revenue (4.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CBAV3's Return on Equity is forecast to be low in 3 years time (19.8%).


Discover growth companies

Past Performance

How has Companhia Brasileira de Alumínio performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CBAV3 has high quality earnings.

Growing Profit Margin: CBAV3 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CBAV3 has become profitable over the past 5 years, growing earnings by -2.2% per year.

Accelerating Growth: CBAV3 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CBAV3 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (134.5%).


Return on Equity

High ROE: CBAV3's Return on Equity (25.8%) is considered high.


Discover strong past performing companies

Financial Health

How is Companhia Brasileira de Alumínio's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CBAV3's short term assets (R$4.3B) exceed its short term liabilities (R$1.8B).

Long Term Liabilities: CBAV3's short term assets (R$4.3B) do not cover its long term liabilities (R$4.7B).


Debt to Equity History and Analysis

Debt Level: CBAV3's net debt to equity ratio (21.1%) is considered satisfactory.

Reducing Debt: CBAV3's debt to equity ratio has reduced from 67% to 50.4% over the past 5 years.

Debt Coverage: CBAV3's debt is well covered by operating cash flow (32.1%).

Interest Coverage: CBAV3's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Companhia Brasileira de Alumínio current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.56%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CBAV3's dividend (0.56%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (1.74%).

High Dividend: CBAV3's dividend (0.56%) is low compared to the top 25% of dividend payers in the BR market (7.74%).


Stability and Growth of Payments

Stable Dividend: CBAV3 is not paying a notable dividend for the BR market, therefore no need to check if payments are stable.

Growing Dividend: CBAV3 is not paying a notable dividend for the BR market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: CBAV3 is not paying a notable dividend for the BR market.


Cash Payout to Shareholders

Cash Flow Coverage: CBAV3 is not paying a notable dividend for the BR market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Ricardo de Carvalho

no data

Tenure

Mr. Ricardo Rodrigues de Carvalho serves as the Chief Executive Officer and a Member of Executive Board at Companhia Brasileira de Alumínio S.A.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: CBAV3 only recently listed within the past 12 months.


Top Shareholders

Company Information

Companhia Brasileira de Alumínio's employee growth, exchange listings and data sources


Key Information

  • Name: Companhia Brasileira de Alumínio
  • Ticker: CBAV3
  • Exchange: BOVESPA
  • Founded: 1941
  • Industry: Aluminum
  • Sector: Materials
  • Implied Market Cap: R$6.852b
  • Shares outstanding: 595.83m
  • Website: https://www.cba.com.br

Location

  • Companhia Brasileira de Alumínio
  • Av. Luis Carlos Berrini, 105
  • 14º andar
  • Sao Paulo
  • São Paulo
  • 04571-010
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.