Century Aluminum Price To Earning vs. EBITDA

CENX Stock  USD 18.33  0.27  1.50%   
Taking into consideration Century Aluminum's profitability measurements, Century Aluminum may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Century Aluminum's ability to earn profits and add value for shareholders. At this time, Century Aluminum's Days Sales Outstanding is fairly stable compared to the past year. Days Of Sales Outstanding is likely to rise to 30.33 in 2024, whereas Price To Sales Ratio is likely to drop 0.50 in 2024. Accumulated Other Comprehensive Income is likely to drop to about (102.8 M) in 2024. Operating Income is likely to drop to about 30.5 M in 2024.
For Century Aluminum profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Century Aluminum to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Century Aluminum utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Century Aluminum's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Century Aluminum over time as well as its relative position and ranking within its peers.
  
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Century Aluminum. If investors know Century will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Century Aluminum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.80)
Earnings Share
3.15
Revenue Per Share
22.69
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0346
The market value of Century Aluminum is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Aluminum's value that differs from its market value or its book value, called intrinsic value, which is Century Aluminum'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 Century Aluminum's market value can be influenced by many factors that don't directly affect Century Aluminum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Century Aluminum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Aluminum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Aluminum'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.

Century Aluminum EBITDA vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Century Aluminum's current stock value. Our valuation model uses many indicators to compare Century Aluminum value to that of its competitors to determine the firm's financial worth.
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Century Aluminum is rated third in price to earning category among its peers. It is rated second in ebitda category among its peers totaling about  8,543,307  of EBITDA per Price To Earning. At this time, Century Aluminum's EBITDA is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Century Aluminum's earnings, one of the primary drivers of an investment's value.

Century Aluminum's Earnings Breakdown by Geography

Century EBITDA vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Century Aluminum

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
5.08 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Century Aluminum

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
43.4 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Century EBITDA Comparison

43.4M468.1M30.6M100%
Century Aluminum is currently under evaluation in ebitda category among its peers.

Century Aluminum Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Century Aluminum, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Century Aluminum will eventually generate negative long term returns. The profitability progress is the general direction of Century Aluminum's change in net profit over the period of time. It can combine multiple indicators of Century Aluminum, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-97.9 M-102.8 M
Operating Income31.8 M30.5 M
Income Before Tax-66.8 M-70.1 M
Total Other Income Expense Net-98.6 M-103.5 M
Net Loss-43.1 M-45.3 M
Income Tax Expense-14.6 M-13.9 M
Net Loss-12.7 M-13.3 M
Net Loss-191.4 M-181.8 M
Non Operating Income Net Other-210 M-199.5 M
Interest Income1.4 M856.3 K
Net Interest Income-33.6 M-35.3 M
Change To Netincome11.5 M10.9 M
Net Loss(0.47)(0.49)
Income Quality(2.45)(2.33)
Net Income Per E B T 0.65  0.59 

Century Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Century Aluminum. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Century Aluminum position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Century Aluminum's important profitability drivers and their relationship over time.

Use Century Aluminum in pair-trading

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 Century Aluminum 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 Century Aluminum will appreciate offsetting losses from the drop in the long position's value.

Century Aluminum Pair Trading

Century Aluminum Pair Trading Analysis

The ability to find closely correlated positions to Century Aluminum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Aluminum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Century Aluminum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Century Aluminum to buy it.
The correlation of Century Aluminum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Century Aluminum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Aluminum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Century Aluminum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Century Aluminum position

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Baby Boomer Prospects
Baby Boomer Prospects Theme
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Additional Tools for Century Stock Analysis

When running Century Aluminum's price analysis, check to measure Century Aluminum'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 Century Aluminum is operating at the current time. Most of Century Aluminum's value examination focuses on studying past and present price action to predict the probability of Century Aluminum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Aluminum's price. Additionally, you may evaluate how the addition of Century Aluminum to your portfolios can decrease your overall portfolio volatility.