Arconic
Market Cap
US$2.9b
Last Updated
2021/04/13 23:38 UTC
Data Sources
Company Financials +
Executive Summary
Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, and the United Kingdom. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has Arconic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ARNC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: ARNC's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
0.04%
ARNC
-1.9%
US Metals and Mining
1.3%
US Market
1 Year Return
172.8%
ARNC
87.9%
US Metals and Mining
53.9%
US Market
Return vs Industry: ARNC exceeded the US Metals and Mining industry which returned 86.9% over the past year.
Return vs Market: ARNC exceeded the US Market which returned 57.9% over the past year.
Shareholder returns
| ARNC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.04% | -1.9% | 1.3% |
| 30 Day | -12.0% | -3.4% | 2.8% |
| 90 Day | -11.0% | 7.2% | 6.6% |
| 1 Year | 172.8%172.8% | 92.0%87.9% | 56.6%53.9% |
| 3 Year | n/a | 34.5%25.5% | 62.7%52.3% |
| 5 Year | n/a | 113.7%94.5% | 120.5%95.9% |
Long-Term Price Volatility Vs. Market
How volatile is Arconic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Announcing: Arconic (NYSE:ARNC) Stock Increased An Energizing 267% In The Last Year1 month ago | Simply Wall St
Have Insiders Been Buying Arconic Corporation (NYSE:ARNC) Shares?3 months ago | Simply Wall St
Arconic Corporation's (NYSE:ARNC) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?Valuation
Is Arconic undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ARNC ($26.45) is trading below our estimate of fair value ($78.85)
Significantly Below Fair Value: ARNC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ARNC is unprofitable, so we can't compare its PE Ratio to the US Metals and Mining industry average.
PE vs Market: ARNC 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 ARNC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ARNC is good value based on its PB Ratio (2x) compared to the US Metals and Mining industry average (2.3x).
Future Growth
How is Arconic forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
64.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ARNC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ARNC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ARNC's is expected to become profitable in the next 3 years.
Revenue vs Market: ARNC's revenue (7.9% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: ARNC's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ARNC's Return on Equity is forecast to be low in 3 years time (13.3%).
Past Performance
How has Arconic performed over the past 5 years?
-17.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ARNC is currently unprofitable.
Growing Profit Margin: ARNC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ARNC is unprofitable, and losses have increased over the past 5 years at a rate of 17.2% per year.
Accelerating Growth: Unable to compare ARNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ARNC is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-5%).
Return on Equity
High ROE: ARNC has a negative Return on Equity (-7.53%), as it is currently unprofitable.
Financial Health
How is Arconic's financial position?
Financial Position Analysis
Short Term Liabilities: ARNC's short term assets ($2.6B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: ARNC's short term assets ($2.6B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: ARNC's debt to equity ratio (88.3%) is considered high.
Reducing Debt: Insufficient data to determine if ARNC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: ARNC's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: ARNC is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Dividend
What is Arconic current dividend yield, its reliability and sustainability?
0.59%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ARNC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ARNC'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 ARNC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ARNC'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 ARNC'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?
1.1yrs
Average management tenure
CEO
Tim Myers (54 yo)
1
Tenure
US$3,351,658
Compensation
Mr. Timothy Donald Myers, also known as Tim, serves as the Chief Executive Officer of Arconic Corporation since April 01, 2020 and has been its Director since 2020. He served as an Executive Vice President...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD3.35M) is below average for companies of similar size in the US market ($USD5.10M).
Compensation vs Earnings: Tim's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: ARNC's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
Experienced Board: ARNC's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ARNC insiders have bought more shares than they have sold 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
Arconic Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Arconic Corporation
- Ticker: ARNC
- Exchange: NYSE
- Founded: 1888
- Industry: Aluminum
- Sector: Materials
- Market Cap: US$2.899b
- Shares outstanding: 110.02m
- Website: https://www.arconic.com
Number of Employees
Location
- Arconic Corporation
- 201 Isabella Street
- Pittsburgh
- Pennsylvania
- 15212-5872
- United States
Listings
Biography
Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, and the United Kingdom. It ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 23:38 |
| End of Day Share Price | 2021/04/13 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.