Some fundamental drivers such as market cap or Alcoa enterprice value can be analyzed from historical prospective to project value of the company into the future. Some investors analyze Alcoa valuation indicators such as

Average Assets of 20.6 B or

Earnings Before Interest Taxes and Depreciation Amortization EBITDA of 1.6 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Alcoa future value. Financial Statement Analysis is much more than just reviewing and breaking down Alcoa prevalent accounting reports in order to predict its past. Macroaxis encourages investors to analyze financial statement over time for various trends across multiple indicators and accounts to determine whether Alcoa is a good buy for the upcoming year. Check also

Trending Equities.

## Alcoa Corporation Valuation Data Chart | |

Average Assets Earnings Before Interest Taxes and Depreciation Amortization EBITDA Average Equity Enterprise Value Free Cash Flow Invested Capital Invested Capital Average Market Capitalization ## Average Assets

Average asset value for the period used in calculation of

Return on Average Equity and

Return on Average Assets, derived from

Total Assets.

## Earnings Before Interest Taxes and Depreciation Amortization EBITDA

EBITDA is a non-GAAP accounting metric that is widely used when assessing the performance of companies, calculated by adding

Depreciation Amortization and Accretion back to

Earning Before Interest and Taxes EBIT.

## Average Equity

Average equity value for the period used in calculation of

Return on Average Equity, derived from

Shareholders Equity.

## Enterprise Value

Enterprise Value (or EV) is usually referred to as Alcoa theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Alcoa debt, but would also pocket its cash. Enterprise Value is more accurate representation of Alcoa value then its market capitalization because it takes into account all of Alcoa Corporation existing debt. Enterprise value is a measure of the value of a business as a whole, calculated as

Market Capitalization plus

Total Debt USD minus

Cash and Equivalents USD.

## Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as

Net Cash Flow from Operations minus

Capital Expenditure.

## Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Alcoa Corporation. There are two different methods for calculating Alcoa invested capital: operating approach and financing approach. Understanding ##company1# invested capital allows investors to to calculate measures of performance such as return on invested capital or return on capital employed. Invested capital is an input into the calculation of

Return on Invested Capital, and is calculated as:

Total Debt plus

Total Assets minus

Goodwill and Intangible Assets minus

Cash and Equivalents minus

Current Liabilities. Please note this calculation method is subject to change.

## Invested Capital Average

Average invested capital value for the period used in the calculation of

Return on Invested Capital, and derived from

Invested Capital. Invested capital is an input into the calculation of

Return on Invested Capital, and is calculated as:

Total Debt plus

Total Assets minus

Goodwill and Intangible Assets minus

Cash and Equivalents minus

Current Liabilities. Please note this calculation method is subject to change.

## Market Capitalization

Market capitalization (or market cap) is the total value of the shares outstanding of Alcoa Corporation. It is equal to Alcoa current share price times the number of Alcoa outstanding shares. Represents the product of Total Shares (Basic) , Adjusted Share Price and Entity Share Factor.