Alcoa Historical Financial Ratios
| AA Stock | USD 36.57 1.37 3.89% |
Alcoa Corp is presently reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0125 or PTB Ratio of 1.02 will help investors to properly organize and evaluate Alcoa Corp financial condition quickly.
Alcoa |
About Alcoa Financial Ratios Analysis
Alcoa CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Alcoa Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Alcoa financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Alcoa Corp history.
Alcoa Corp Financial Ratios Chart
Alcoa Corp financial ratios usually calculated using numerical values taken directly from Alcoa Corp financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Alcoa Corp. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At present, Alcoa Corp's Dividend Yield is projected to increase slightly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 34.18, whereas Price To Sales Ratio is forecasted to decline to 0.43. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Alcoa Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Alcoa Corp sales, a figure that is much harder to manipulate than other Alcoa Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Alcoa Corp dividend as a percentage of Alcoa Corp stock price. Alcoa Corp dividend yield is a measure of Alcoa Corp stock productivity, which can be interpreted as interest rate earned on an Alcoa Corp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Alcoa Corp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Alcoa Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.At present, Alcoa Corp's Dividend Yield is projected to increase slightly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 34.18, whereas Price To Sales Ratio is forecasted to decline to 0.43.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.001715 | 0.008748 | 0.0119 | 0.0125 | Price To Sales Ratio | 0.89 | 0.64 | 0.57 | 0.43 |
Alcoa Corp fundamentals Correlations
Click cells to compare fundamentals
Alcoa Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alcoa Corp fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.38 | 0.46 | 0.89 | 0.64 | 0.57 | 0.43 | |
| Ptb Ratio | 0.97 | 1.3 | 2.39 | 1.63 | 1.42 | 1.02 | |
| Days Sales Outstanding | 22.95 | 21.65 | 25.94 | 26.0 | 27.95 | 20.22 | |
| Book Value Per Share | 22.06 | 17.67 | 24.94 | 27.94 | 23.88 | 34.18 | |
| Free Cash Flow Yield | 0.0771 | 0.009563 | 0.0478 | 0.0416 | (0.0727) | (0.0691) | |
| Invested Capital | 0.33 | 0.44 | 0.75 | 0.37 | 0.36 | 0.43 | |
| Operating Cash Flow Per Share | 3.71 | 2.12 | 4.95 | 4.54 | 0.51 | 0.49 | |
| Stock Based Compensation To Revenue | 0.002859 | 0.002668 | 0.003136 | 0.003134 | 0.003317 | 0.002288 | |
| Pb Ratio | 0.97 | 1.3 | 2.39 | 1.63 | 1.42 | 1.02 | |
| Ev To Sales | 0.42 | 0.47 | 0.55 | 0.88 | 0.68 | 0.65 | |
| Free Cash Flow Per Share | 1.66 | 0.22 | 2.85 | 1.89 | (2.47) | (2.35) | |
| Roic | 0.23 | (0.005868) | 0.19 | 0.018 | (0.0762) | (0.0724) | |
| Inventory Turnover | 5.65 | 6.16 | 5.02 | 4.46 | 4.84 | 6.78 | |
| Net Income Per Share | (4.61) | (0.0753) | 2.31 | 0.33 | (3.66) | (3.84) | |
| Days Of Inventory On Hand | 64.57 | 59.29 | 72.74 | 81.8 | 75.41 | 48.96 | |
| Payables Turnover | 6.26 | 6.13 | 5.86 | 6.16 | 6.09 | 4.85 | |
| Research And Ddevelopement To Revenue | 0.002573 | 0.002881 | 0.002493 | 0.002507 | 0.003696 | 0.004292 | |
| Capex To Revenue | (0.0361) | (0.0377) | (0.0314) | (0.0376) | (0.0503) | (0.0528) | |
| Cash Per Share | 5.07 | 8.75 | 9.83 | 7.41 | 5.65 | 4.74 | |
| Pocfratio | 5.8 | 10.88 | 12.05 | 10.01 | 66.51 | 69.83 | |
| Capex To Operating Cash Flow | (0.55) | (0.9) | (0.42) | (0.58) | (5.84) | (5.54) | |
| Pfcf Ratio | 12.96 | 104.57 | 20.91 | 24.06 | (13.75) | (13.07) | |
| Days Payables Outstanding | 58.29 | 59.5 | 62.25 | 59.22 | 59.9 | 66.5 | |
| Income Quality | (0.8) | (28.14) | 1.61 | 13.93 | (0.14) | (0.15) | |
| Roe | 0.0421 | (0.21) | (0.004259) | 0.0925 | 0.0117 | (0.15) | |
| Ev To Operating Cash Flow | 7.14 | 13.06 | 11.95 | 10.55 | 75.68 | 79.47 | |
| Pe Ratio | (4.67) | (306.24) | 25.83 | 139.49 | (9.3) | (9.76) | |
| Return On Tangible Assets | (0.0591) | (9.54E-4) | 0.0289 | 0.004039 | (0.0466) | (0.0443) | |
| Ev To Free Cash Flow | 15.96 | 125.5 | 20.75 | 25.36 | (15.65) | (14.87) | |
| Intangibles To Total Assets | 0.0138 | 0.0128 | 0.012 | 0.0118 | 0.0129 | 0.0144 | |
| Net Debt To E B I T D A | 0.65 | 0.8 | (0.0273) | 0.21 | 3.01 | 3.17 | |
| Current Ratio | 1.38 | 1.64 | 1.56 | 1.75 | 1.45 | 1.1 | |
| Tangible Book Value Per Share | 30.56 | 25.81 | 32.63 | 35.35 | 31.81 | 44.37 | |
| Receivables Turnover | 15.9 | 16.86 | 14.07 | 14.04 | 13.06 | 16.57 | |
| Graham Number | 47.84 | 5.47 | 35.97 | 14.32 | 44.33 | 39.35 | |
| Shareholders Equity Per Share | 22.06 | 17.67 | 24.94 | 27.94 | 23.88 | 34.18 |
Alcoa Corp Investors Sentiment
The influence of Alcoa Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alcoa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alcoa Corp's public news can be used to forecast risks associated with an investment in Alcoa. The trend in average sentiment can be used to explain how an investor holding Alcoa can time the market purely based on public headlines and social activities around Alcoa Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alcoa Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alcoa Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alcoa Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alcoa Corp.
Alcoa Corp Implied Volatility | 97.25 |
Alcoa Corp's implied volatility exposes the market's sentiment of Alcoa Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alcoa Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alcoa Corp stock will not fluctuate a lot when Alcoa Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alcoa Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alcoa Corp's short interest history, or implied volatility extrapolated from Alcoa Corp options trading.
Pair Trading with Alcoa Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alcoa Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alcoa Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Alcoa Stock
| 0.93 | AG | First Majestic Silver Financial Report 2nd of May 2024 | PairCorr |
Moving against Alcoa Stock
| 0.64 | X | United States Steel Financial Report 25th of April 2024 | PairCorr |
| 0.64 | NC | NACCO Industries | PairCorr |
| 0.47 | VALE | Vale SA ADR Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Alcoa Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alcoa Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alcoa Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alcoa Corp to buy it.
The correlation of Alcoa Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alcoa Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alcoa Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alcoa Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for Alcoa Stock analysis
When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.81 | Dividend Share 0.4 | Earnings Share (3.65) | Revenue Per Share 59.275 | Quarterly Revenue Growth (0.03) |
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.