Century Aluminum Intrinsic Value Calculator – CENTURY ALUMINUM Reports Third Quarter FY2023 Earnings Results on September 30, 2023
November 30, 2023
🌥️Earnings Overview
On November 8, 2023, CENTURY ALUMINUM ($NASDAQ:CENX) reported its third quarter financial results for the fiscal year ending on that same day. Total revenue amounted to USD 545.2 million, a decrease of 14.4% from the same period in 2023.
Market Price
On Wednesday, September 30, 2023, CENTURY ALUMINUM reported their third quarter FY2023 earnings results. The company revealed that their stock opened at $6.5 and closed at $6.4, a decrease of 1.1% from their previous day’s closing price of $6.5. This news caused the markets to be uncertain and created an environment of volatility for investors. CENTURY ALUMINUM’s third quarter FY2023 earnings report was a mixed bag with some positive and some negative news. This was mainly due to higher costs related to raw materials and energy. Overall, CENTURY ALUMINUM’s third quarter FY2023 was a mixed bag with both good and bad news. The stock closed at $6.4, down 1.1% from its opening price of $6.5.
However, if the company can continue to improve its operations and reduce costs, its stock is likely to increase over time. Investors should keep an eye on the company’s future developments and earnings reports to make informed decisions. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Century Aluminum. More…
| Total Revenues | Net Income | Net Margin |
| 2.2k | -180.6 | -2.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Century Aluminum. More…
| Operations | Investing | Financing |
| 8.3 | -33 | 53.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Century Aluminum. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.76k | 1.37k | 3.61 |
Key Ratios Snapshot
Some of the financial key ratios for Century Aluminum are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.1% | -16.8% | -8.8% |
| FCF Margin | ROE | ROA |
| -3.2% | -34.5% | -6.9% |
Analysis – Century Aluminum Intrinsic Value Calculator
At GoodWhale, we analyze CENTURY ALUMINUM‘s financials to provide our customers with the best possible insights. Our proprietary Valuation Line suggests that the fair value of CENTURY ALUMINUM’s share is around $9.5. However, currently the stock is traded at $6.4, which implies that it is undervalued by 32.9%. Our analysis suggests that now can be a great time to invest in CENTURY ALUMINUM’s stocks. More…
Peers
The company’s main competitors are Tianshan Aluminum Group Co Ltd, Noranda Aluminum Holding Corp, and Nanjing Yunhai Special Metals Co Ltd.
– Tianshan Aluminum Group Co Ltd ($SZSE:002532)
Tianshan Aluminum Group Co Ltd is a Chinese aluminum producer. The company has a market cap of 30.98B as of 2022 and a Return on Equity of 16.7%. Tianshan Aluminum Group Co Ltd produces aluminum products for a variety of industries including construction, transportation, and packaging. The company has a strong presence in China and also exports its products to over 50 countries around the world.
– Noranda Aluminum Holding Corp ($OTCPK:NORNQ)
Noranda Aluminum Holding Corp is a Canada-based company that is engaged in the production of aluminum products. The Company operates through two segments: primary aluminum and alumina. The Company’s primary aluminum segment smelts and refines primary aluminum. The Company’s alumina segment mines, refines and markets alumina. The Company’s products include primary aluminum, alumina, aluminum fluoride, aluminum chloride and sodium aluminum fluoride.
– Nanjing Yunhai Special Metals Co Ltd ($SZSE:002182)
Nanjing Yunhai Special Metals Co Ltd is a Chinese company that manufactures and sells specialty metals. It has a market capitalization of 14.83 billion as of 2022 and a return on equity of 18.83%. The company produces a variety of metals such as titanium, zirconium, nickel, and tungsten. It also manufactures and sells a variety of products made from these metals, such as pipes, tubing, and fittings. The company has a strong presence in China and Asia, and its products are used in a variety of industries including aerospace, chemical processing, and oil and gas.
Summary
Investors in CENTURY ALUMINUM saw a decrease in the company’s third quarter earnings for FY2023, with revenue dropping 14.4% year-over-year and net income reaching a loss of USD -42.0 million. These numbers indicate that CENTURY ALUMINUM has been adversely affected by the current economic climate. Investors should carefully analyze the company’s financials and growth potential before making an investment decision.
Long-term investors may consider investing in CENTURY ALUMINUM based on the company’s solid financial fundamentals and strong balance sheet. Short-term investors may want to wait for further clarity on the company’s potential and direction.
