Alcoa Current Valuation

AA -  USA Stock  

USD 38.27  0.69  1.77%

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 Current Valuation Analysis

Alcoa Corp's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
 2018 2019 2020 2021 (projected)
Interest Expense122 M121 M146 M162.11 M
Gross Profit3.35 B1.9 B1.32 B1.59 B
Enterprise Value 
 = 
Market Cap + Debt 
-  
Cash 
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Current Alcoa Corp Current Valuation

    
  8.91 B  
Most of Alcoa Corp's fundamental indicators, such as Current Valuation, 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 Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Alcoa Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Current Valuation. Since Alcoa Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alcoa Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alcoa Corp's interrelated accounts and indicators.

Alcoa Current Valuation 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 current valuation 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 current valuation as a starting point in their analysis.
 Alcoa Corp Current Valuation 
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Compare to competition

In accordance with the recently published financial statements, Alcoa Corp has a Current Valuation of 8.91 B. This is 21.91% lower than that of the Basic Materials sector and 29.26% lower than that of the Aluminum industry. The current valuation for all United States stocks is 46.4% higher than that of the company.

Alcoa Current Valuation 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 Current Valuation 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 current valuation 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.
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.

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Our tools can tell you how much better you can do entering a position in Alcoa Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.