Alcoa Fundamentals

AA -  USA Stock  

USD 37.06  0.17  0.46%

Alcoa Corp fundamentals help investors to digest information that contributes to Alcoa Corp's financial success or failures. It also enables traders to predict the movement of Alcoa Stock. This fundamental analysis module provides a way for investors to measures Alcoa Corp's intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alcoa Corp stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

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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).

Alcoa Operating Margin Analysis

Alcoa Corp's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Alcoa Corp Operating Margin

2.36Share
Operating Margin 
 = 
Operating Income 
Revenue 
X
100 
More About Operating Margin | All Equity Analysis

Current Alcoa Corp Operating Margin

    
  12.89 %  
Most of Alcoa Corp's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alcoa Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Alcoa Operating Margin Historical Pattern

Today, most investors in Alcoa Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Alcoa Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's operating margin growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Alcoa Corp operating margin as a starting point in their analysis.
 Alcoa Corp Operating Margin 
Share
      Timeline 
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Alcoa Operating Margin

Operating Margin

2.36Share
Alcoa Corp Operating Margin is projected to increase significantly based on the last few years of reporting. The past year's Operating Margin was at 2.19
Based on the recorded statements, Alcoa Corp has an Operating Margin of 12.89%. This is 982.88% lower than that of the Basic Materials sector and 39.96% higher than that of the Aluminum industry. The operating margin for all United States stocks is notably lower than that of the firm.

Alcoa Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Alcoa Corp's current stock value. Our valuation model uses many indicators to compare Alcoa Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alcoa Corp competition to find correlations between indicators driving Alcoa Corp's intrinsic value. More Info.
Alcoa Corp is number one stock in short ratio category among related companies. It is number one stock in debt to equity category among related companies fabricating about  0.39  of Debt to Equity per Short Ratio. The ratio of Short Ratio to Debt to Equity for Alcoa Corp is roughly  2.59 . Alcoa Corp Long Term Debt to Equity is projected to increase slightly based on the last few years of reporting. The past year's Long Term Debt to Equity was at 0.74. The current year Average Equity is expected to grow to about 4.5 B, whereas Debt to Equity Ratio is forecasted to decline to 2.53.

Alcoa Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alcoa Corp's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alcoa Corp could also be used in its relative valuation, which is a method of valuing Alcoa Corp by comparing valuation metrics of similar companies.
Alcoa Corp is currently under evaluation in retained earnings category among related companies.

Alcoa Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Alcoa Corp from analyzing Alcoa Corp's financial statements. These drivers represent accounts that assess Alcoa Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Alcoa Corp's important valuation drivers and their relationship over time.
201620172018201920202021 (projected)
Net Income Per Employee(28.49 K)14.86 K16.21 K(81.52 K)(13.14 K)(14.18 K)
Revenue Per Employee663.75 K798.08 K957.36 K756.01 K717.88 K700.15 K
Average Assets16.58 B17.18 B16.48 B15.15 B14.02 B14.18 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA745 M1.73 B1.84 B124 M816 M840.09 M
Earnings Before Interest Taxes and Depreciation Amortization USD745 M1.73 B1.84 B124 M816 M840.09 M
Earnings before Tax(216 M)871 M982 M(710 M)17 M18.34 M
Average Equity7.55 B5.55 B5.31 B4.68 B3.67 B4.51 B
Free Cash Flow(715 M)819 M49 M307 M41 M42.08 M
Invested Capital14.51 B14.24 B13.9 B12.99 B12.96 B12.72 B
Invested Capital Average14.09 B14.73 B14.15 B13.47 B12.5 B12.45 B
Tangible Asset Value16.74 B17.45 B16.13 B14.63 B14.86 B14.72 B
Working Capital360 M986 M1.41 B967 M1.76 B1.41 B

Alcoa Fundamentals

About Alcoa Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Alcoa Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alcoa Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alcoa Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2021
Cost of RevenueB8.1 B
Revenues9.3 B9.7 B
Revenue to Assets 0.62  0.61 
Revenue Per Employee717.9 K700.1 K
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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98% Bullish
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 First Majestic Silver. 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 Alcoa Corp Piotroski F Score and Alcoa Corp Altman Z Score analysis. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Alcoa Corp 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 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.
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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.