Kaiser Aluminum
Market Cap
US$1.7b
Last Updated
2021/04/12 23:17 UTC
Data Sources
Company Financials +
Executive Summary
Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
High growth potential average dividend payer.
Similar Companies
Share Price & News
How has Kaiser Aluminum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KALU is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: KALU's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-2.0%
KALU
-2.8%
US Metals and Mining
0.9%
US Market
1 Year Return
53.2%
KALU
86.9%
US Metals and Mining
57.9%
US Market
Return vs Industry: KALU underperformed the US Metals and Mining industry which returned 90.5% over the past year.
Return vs Market: KALU underperformed the US Market which returned 56.3% over the past year.
Shareholder returns
| KALU | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | -2.8% | 0.9% |
| 30 Day | -11.5% | -3.7% | 2.3% |
| 90 Day | 2.4% | 4.8% | 6.3% |
| 1 Year | 58.8%53.2% | 91.0%86.9% | 60.8%57.9% |
| 3 Year | 12.7%3.7% | 35.7%26.6% | 64.5%53.9% |
| 5 Year | 46.3%28.8% | 120.9%101.0% | 120.9%96.4% |
Long-Term Price Volatility Vs. Market
How volatile is Kaiser Aluminum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
The Kaiser Aluminum (NASDAQ:KALU) Share Price Is Up 50% And Shareholders Are Holding On2 weeks ago | Simply Wall St
Should You Be Concerned About Kaiser Aluminum Corporation's (NASDAQ:KALU) ROE?Valuation
Is Kaiser Aluminum undervalued compared to its fair value and its price relative to the market?
60.93x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KALU ($111.05) is trading above our estimate of fair value ($45.93)
Significantly Below Fair Value: KALU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KALU is poor value based on its PE Ratio (60.9x) compared to the US Metals and Mining industry average (18.5x).
PE vs Market: KALU is poor value based on its PE Ratio (60.9x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: KALU is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: KALU's PB Ratio (2.4x) is in line with the US Metals and Mining industry average.
Future Growth
How is Kaiser Aluminum forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
52.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KALU's forecast earnings growth (52.5% per year) is above the savings rate (2%).
Earnings vs Market: KALU's earnings (52.5% per year) are forecast to grow faster than the US market (18.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KALU's revenue (25.4% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: KALU's revenue (25.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KALU's Return on Equity is forecast to be low in 3 years time (14.3%).
Past Performance
How has Kaiser Aluminum performed over the past 5 years?
10.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KALU has a large one-off loss of $10.8M impacting its December 31 2020 financial results.
Growing Profit Margin: KALU's current net profit margins (2.5%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: KALU has become profitable over the past 5 years, growing earnings by 10.1% per year.
Accelerating Growth: KALU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KALU had negative earnings growth (-53.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (-5%).
Return on Equity
High ROE: KALU's Return on Equity (3.9%) is considered low.
Financial Health
How is Kaiser Aluminum's financial position?
Financial Position Analysis
Short Term Liabilities: KALU's short term assets ($1.1B) exceed its short term liabilities ($158.3M).
Long Term Liabilities: KALU's short term assets ($1.1B) exceed its long term liabilities ($974.0M).
Debt to Equity History and Analysis
Debt Level: KALU's debt to equity ratio (114.4%) is considered high.
Reducing Debt: KALU's debt to equity ratio has increased from 25.1% to 114.4% over the past 5 years.
Debt Coverage: KALU's debt is well covered by operating cash flow (24.7%).
Interest Coverage: KALU's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Dividend
What is Kaiser Aluminum current dividend yield, its reliability and sustainability?
2.59%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KALU's dividend (2.59%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: KALU's dividend (2.59%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: KALU's dividends per share have been stable in the past 10 years.
Growing Dividend: KALU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (149.8%), KALU's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KALU's dividends in 3 years are forecast to be well covered by earnings (48.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Keith Harvey (60 yo)
0.75
Tenure
US$3,115,879
Compensation
Mr. Keith A. Harvey has been Chief Executive Officer of Kaiser Aluminum Corporation (Kaiser) since July 31, 2020. Mr. Harvey has been the President at Kaiser Aluminum Corporation since December 2015. He se...
CEO Compensation Analysis
Compensation vs Market: Keith's total compensation ($USD3.12M) is about average for companies of similar size in the US market ($USD3.67M).
Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: KALU's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: KALU's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KALU 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
Kaiser Aluminum Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kaiser Aluminum Corporation
- Ticker: KALU
- Exchange: NasdaqGS
- Founded: 1946
- Industry: Aluminum
- Sector: Materials
- Market Cap: US$1.747b
- Shares outstanding: 15.73m
- Website: https://www.kaiseraluminum.com
Number of Employees
Location
- Kaiser Aluminum Corporation
- 27422 Portola Parkway
- Suite 200
- Foothill Ranch
- California
- 92610-2831
- United States
Listings
Biography
Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The company provides rolled, extruded, and drawn aluminum products used principally for aerospace and de...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/12 23:17 |
| End of Day Share Price | 2021/04/12 00:00 |
| Earnings | 2020/12/31 |
| 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.