Alcoa Enterprise Value over EBIT Trend from 2010 to 2021

AA -  USA Stock  

USD 38.27  0.69  1.77%

Alcoa Corp Enterprise Value over EBIT is decreasing over the years with slightly volatile fluctuation. Ongoing Enterprise Value over EBIT is projected to grow to 35.68 this year. From 2010 to 2021 Alcoa Corp Enterprise Value over EBIT quarterly data regression line had arithmetic mean of 117.64 and significance of  0.00083759. Alcoa Corp Direct Expenses is projected to decrease significantly based on the last few years of reporting. The past year's Direct Expenses was at 7.97 Billion. The current year Cost of Revenue is expected to grow to about 8.1 B, whereas Consolidated Income is forecasted to decline to (15.1 M).

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Check Alcoa Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alcoa main balance sheet or income statement drivers, such as Direct Expenses of 9.6 B, Cost of Revenue of 8.1 B or Earning Before Interest and Taxes EBIT of 175.9 M, as well as many exotic indicators such as Interest Coverage of 1.28, Long Term Debt to Equity of 0.8 or Calculated Tax Rate of 66.01. Alcoa financial statements analysis is a perfect complement when working with Alcoa Corp Valuation or Volatility modules. It can also supplement various Alcoa Corp Technical models. Please continue to the analysis of Alcoa Corp Correlation against competitors.

Alcoa Corp Quarterly Enterprise Value over EBIT

24.0Share

Alcoa Enterprise Value over EBIT Breakdown

Showing smoothed Enterprise Value over EBIT of Alcoa Corp with missing and latest data points interpolated. Measures the ratio between [EV] and [EBITUSD].Alcoa Corp's Enterprise Value over EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alcoa Corp's overall financial position and show how it may be relating to other accounts over time.
Enterprise Value over EBIT10 Years Trend
Decreasing
Slightly volatile
 Enterprise Value over EBIT 
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      Timeline 

Alcoa Enterprise Value over EBIT Regression Statistics

Arithmetic Mean 117.64
Coefficient Of Variation 77.63
Mean Deviation 85.59
Median 191.00
Standard Deviation 91.32
Sample Variance 8,340
Range 199.00
R-Value(0.83)
Mean Square Error 2,856
R-Squared 0.69
Significance 0.00083759
Slope(21.02)
Total Sum of Squares 91,740

Alcoa Enterprise Value over EBIT History

2017  11.00 
2018  5.00 
2019 (8.00) 
2020  31.00 
2021  35.68 

Other Fundumenentals of Alcoa Corp

About Alcoa Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alcoa Corp income statement, its balance sheet, and the statement of cash flows. Alcoa Corp investors use historical funamental indicators, such as Alcoa Corp's Enterprise Value over EBIT, to determine how well the company is positioned to perform in the future. Although Alcoa Corp investors may use each financial statement separately, they are all related. The changes in Alcoa Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alcoa Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alcoa Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alcoa Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Enterprise Value over EBIT 31.00  35.68 
Enterprise Value over EBITDA 6.24  6.40 
Enterprise Value5.1 B5.3 B
Tangible Asset Value14.9 B14.7 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA816 M840.1 M
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Brazil, Canada, and internationally. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania. Alcoa Corp operates under Aluminum classification in the United States and is traded on New York Stock Exchange. It employs 12900 people.

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 markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - AA

Alcoa Corp Investor Sentiment

Nearly all of Macroaxis users are presently bullish on Alcoa Corp. What is your sentiment towards investing in Alcoa Corp? Are you bullish or bearish?
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2% Bearish
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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.

Alcoa Corp Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Alcoa Corp and Aluminum Corp. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to the analysis of Alcoa Corp Correlation against competitors. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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 underlying business (such as 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 Alcoa Corp value 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.