Alcoa Historical Valuation

AA -  USA Stock  

USD 37.06  0.17  0.46%

Some fundamental drivers such as market cap or Alcoa Corp enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Alcoa Corp valuation indicators such as Average Assets of 14.2 B or Earnings Before Interest Taxes and Depreciation Amortization EBITDA of 840.1 M 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 Corp's future value. Financial Statement Analysis is much more than just reviewing and breaking down Alcoa Corp prevalent accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alcoa Corp is a good buy for the upcoming year.
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About Alcoa Valuation Data Analysis

Valuation is the financial process of determining what Alcoa Corp is worth. Alcoa Corp valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Alcoa Corp valuation ratios help investors to determine whether Alcoa Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alcoa with respect to the benefits of owning Alcoa Corp security.

Alcoa Corp Valuation Data Chart

Alcoa valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Alcoa equity instrument and the benefits of owning shares of Alcoa Corp.
Alcoa Corp Average Assets are projected to decrease significantly based on the last few years of reporting. The past year's Average Assets were at 14.02 Billion. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 840.1 M, whereas Net Income Per Employee is forecasted to decline to (14.2 K).

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.

Enterprise Value

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

Market Capitalization

Market capitalization (or market cap) is the total value of the shares outstanding of Alcoa Corp. It is equal to Alcoa Corp current share price times the number of Alcoa Corp outstanding shares. Represents the product of [SharesBas]; [Price] and [ShareFactor].
Most indicators from Alcoa Corp valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators 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 valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Alcoa Corp Average Assets are projected to decrease significantly based on the last few years of reporting. The past year's Average Assets were at 14.02 Billion. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 840.1 M, whereas Net Income Per Employee is forecasted to decline to (14.2 K).
 2018 2019 2020 2021 (projected)
Enterprise Value5.76 B4.96 B5.09 B5.31 B
Average Equity5.31 B4.68 B3.67 B4.51 B

Alcoa Corp valuation accounts Correlations

Alcoa Corp Account Relationship Matchups

Alcoa Corp valuation accounts Accounts

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

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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 Century Aluminum C. 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 Trending Equities. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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.