Century Aluminum
Market Cap
US$1.4b
Last Updated
2021/05/07 23:01 UTC
Data Sources
Company Financials +
Executive Summary
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with worrying balance sheet.
Similar Companies
Share Price & News
How has Century Aluminum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CENX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: CENX's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
Market Performance
7 Day Return
1.0%
CENX
9.9%
US Metals and Mining
-0.3%
US Market
1 Year Return
226.7%
CENX
96.2%
US Metals and Mining
50.2%
US Market
Return vs Industry: CENX exceeded the US Metals and Mining industry which returned 98.1% over the past year.
Return vs Market: CENX exceeded the US Market which returned 52.8% over the past year.
Shareholder returns
| CENX | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 9.9% | -0.3% |
| 30 Day | 3.8% | 13.1% | 2.2% |
| 90 Day | 34.9% | 24.0% | 3.8% |
| 1 Year | 226.7%226.7% | 100.4%96.2% | 52.7%50.2% |
| 3 Year | -0.4%-0.4% | 57.8%47.6% | 63.4%53.1% |
| 5 Year | 141.7%141.7% | 151.7%129.4% | 129.6%104.0% |
Long-Term Price Volatility Vs. Market
How volatile is Century Aluminum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Century Aluminum (NASDAQ:CENX) Is Carrying A Fair Bit Of Debt1 month ago | Simply Wall St
Imagine Holding Century Aluminum (NASDAQ:CENX) Shares While The Price Zoomed 328% Higher2 months ago | Simply Wall St
Have Century Aluminum Company (NASDAQ:CENX) Insiders Been Selling Their Stock?Valuation
Is Century Aluminum undervalued compared to its fair value and its price relative to the market?
3.49x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CENX ($15.24) is trading above our estimate of fair value ($14.68)
Significantly Below Fair Value: CENX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CENX is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: CENX is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CENX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CENX is overvalued based on its PB Ratio (3.4x) compared to the US Metals and Mining industry average (2.4x).
Future Growth
How is Century Aluminum forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
86.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CENX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CENX is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CENX's is expected to become profitable in the next 3 years.
Revenue vs Market: CENX's revenue (11.5% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: CENX's revenue (11.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CENX's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Century Aluminum performed over the past 5 years?
6.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CENX is currently unprofitable.
Growing Profit Margin: CENX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CENX is unprofitable, but has reduced losses over the past 5 years at a rate of 6.5% per year.
Accelerating Growth: Unable to compare CENX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CENX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (17.3%).
Return on Equity
High ROE: CENX has a negative Return on Equity (-63.83%), as it is currently unprofitable.
Financial Health
How is Century Aluminum's financial position?
Financial Position Analysis
Short Term Liabilities: CENX's short term assets ($440.9M) exceed its short term liabilities ($364.3M).
Long Term Liabilities: CENX's short term assets ($440.9M) do not cover its long term liabilities ($590.8M).
Debt to Equity History and Analysis
Debt Level: CENX's debt to equity ratio (77.1%) is considered high.
Reducing Debt: CENX's debt to equity ratio has increased from 25.4% to 77.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CENX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CENX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Dividend
What is Century Aluminum current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CENX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CENX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CENX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CENX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CENX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Mike Bless (55 yo)
9.5yrs
Tenure
US$5,208,386
Compensation
Mr. Michael A. Bless, also known as Mike, has been the Chief Executive Officer and President at Century Aluminum Company since November 2011. Previously, Mr. Bless served as Chief Financial Officer of Cent...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD5.21M) is above average for companies of similar size in the US market ($USD3.76M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CENX's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: CENX's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CENX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Century Aluminum Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Century Aluminum Company
- Ticker: CENX
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Aluminum
- Sector: Materials
- Market Cap: US$1.372b
- Shares outstanding: 90.09m
- Website: https://centuryaluminum.com
Number of Employees
Location
- Century Aluminum Company
- One South Wacker Drive
- Suite 1000
- Chicago
- Illinois
- 60606
- United States
Listings
Biography
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was incorporated in 1981 and is hea...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 23:01 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.