Kaiser Aluminum Corp (NASDAQ:KALU)

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Price: 69.78 USD 0.61%

Market Cap: 1.1B USD

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Section:

Relative Value

The Relative Value of one KALU stock under the Base Case scenario is 206.91 USD. Compared to the current market price of 69.78 USD, Kaiser Aluminum Corp is Undervalued by 66%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

KALU Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

0.4

P/S

vs History	55
vs Industry	75

Median 5Y

0.5

Industry

1.7

Forward

0.4

More Details

23.7

P/E

vs History	28
vs Industry	8

Median 5Y

22.9

Industry

15.4

Forward

More Details

5.7

P/OCF

vs History	38
vs Industry	23

Median 5Y

5.8

Industry

9.1

More Details

75.5

P/FCFE

vs History	0
vs Industry	13

Median 5Y

2.9

Industry

More Details

1.7

P/B

vs History	26
vs Industry	26

Median 5Y

1.9

Industry

1.4

More Details

0.7

EV/S

vs History	39
vs Industry	68

Median 5Y

0.7

Industry

2.1

Forward

0.7

More Details

6.3

EV/GP

vs History	46
vs Industry	39

Median 5Y

Industry

7.2

More Details

EV/EBITDA

vs History	49
vs Industry	15

Median 5Y

11.2

Industry

9.9

Forward

9.6

More Details

22.1

EV/EBIT

vs History	49
vs Industry	9

Median 5Y

24.8

Industry

12.6

Forward

20.6

More Details

10.7

EV/OCF

vs History	33
vs Industry	20

Median 5Y

8.8

Industry

10.3

More Details

42.4

EV/FCFF

vs History	3
vs Industry	12

Median 5Y

6.1

Industry

More Details

1.1

EV/IC

vs History	47
vs Industry	40

Median 5Y

1.2

Industry

1.3

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
US		Kaiser Aluminum Corp NASDAQ:KALU	1.1B USD	0.4	23.7	10	22.1
CN		Aluminum Corporation of China Ltd SSE:601600	124.9B CNY	0.6	12	6.8	6.8
IN		Hindalco Industries Ltd NSE:HINDALCO	1.4T INR	0.6	11.1	6.1	8.2
CN	A	Aluminum Corp of China Ltd OTC:ALMMF	14.4B USD	0.5	10.1	6	6
CN	C	China Hongqiao Group Ltd HKEX:1378	109.7B HKD	0.7	5.7	3.2	3.2
NO		Norsk Hydro ASA OSE:NHY	124.2B NOK	0.6	92.6	4.6	9.9
US		Alcoa Corp NYSE:AA	9.8B USD	0.9	-33.5	11.7	37.7
MY		Press Metal Aluminium Holdings Bhd KLSE:PMETAL	38.8B MYR	2.7	25.2	15	20.9
CN		Yunnan Aluminium Co Ltd SZSE:000807	48.8B CNY	0.9	9.3	6.8	6.8
CN		Shandong Nanshan Aluminium Co Ltd SSE:600219	44.9B CNY	1.4	9.3	6.2	6.2
CN		Tianshan Aluminum Group Co Ltd SZSE:002532	38.3B CNY	1.4	10.5	11.4	11.4

				Revenue Growth	P/S to Growth
US		Kaiser Aluminum Corp NASDAQ:KALU	Average P/S: 1 0.4	13%	0
CN		Aluminum Corporation of China Ltd SSE:601600	0.6	8%	0.1
IN		Hindalco Industries Ltd NSE:HINDALCO	0.6	22%	0
CN	A	Aluminum Corp of China Ltd OTC:ALMMF	0.5	8%	0.1
CN	C	China Hongqiao Group Ltd HKEX:1378	0.7	20%	0
NO		Norsk Hydro ASA OSE:NHY	0.6	9%	0.1
US		Alcoa Corp NYSE:AA	0.9	23%	0
MY		Press Metal Aluminium Holdings Bhd KLSE:PMETAL	2.7	17%	0.2
CN		Yunnan Aluminium Co Ltd SZSE:000807	0.9	31%	0
CN		Shandong Nanshan Aluminium Co Ltd SSE:600219	1.4	33%	0
CN		Tianshan Aluminum Group Co Ltd SZSE:002532	1.4	29%	0

				Earnings Growth	P/E to Growth
US		Kaiser Aluminum Corp NASDAQ:KALU	Average P/E: 20.9 23.7	150%	0.2
CN		Aluminum Corporation of China Ltd SSE:601600	12	97%	0.1
IN		Hindalco Industries Ltd NSE:HINDALCO	11.1	53%	0.2
CN	A	Aluminum Corp of China Ltd OTC:ALMMF	10.1	97%	0.1
CN	C	China Hongqiao Group Ltd HKEX:1378	5.7	79%	0.1
NO		Norsk Hydro ASA OSE:NHY	92.6	332%	0.3
US		Alcoa Corp NYSE:AA	Negative Multiple: -33.5	N/A	N/A
MY		Press Metal Aluminium Holdings Bhd KLSE:PMETAL	25.2	85%	0.3
CN		Yunnan Aluminium Co Ltd SZSE:000807	9.3	82%	0.1
CN		Shandong Nanshan Aluminium Co Ltd SSE:600219	9.3	46%	0.2
CN		Tianshan Aluminum Group Co Ltd SZSE:002532	10.5	109%	0.1

				EBITDA Growth	EV/EBITDA to Growth
US		Kaiser Aluminum Corp NASDAQ:KALU	Average EV/EBITDA: 8 10	53%	0.2
CN		Aluminum Corporation of China Ltd SSE:601600	6.8	103%	0.1
IN		Hindalco Industries Ltd NSE:HINDALCO	6.1	40%	0.2
CN	A	Aluminum Corp of China Ltd OTC:ALMMF	6	103%	0.1
CN	C	China Hongqiao Group Ltd HKEX:1378	3.2	50%	0.1
NO		Norsk Hydro ASA OSE:NHY	4.6	28%	0.2
US		Alcoa Corp NYSE:AA	11.7	347%	0
MY		Press Metal Aluminium Holdings Bhd KLSE:PMETAL	15	46%	0.3
CN		Yunnan Aluminium Co Ltd SZSE:000807	6.8	88%	0.1
CN		Shandong Nanshan Aluminium Co Ltd SSE:600219	6.2	134%	0
CN		Tianshan Aluminum Group Co Ltd SZSE:002532	11.4	165%	0.1

				EBIT Growth	EV/EBIT to Growth
US		Kaiser Aluminum Corp NASDAQ:KALU	Average EV/EBIT: 12.7 22.1	105%	0.2
CN		Aluminum Corporation of China Ltd SSE:601600	6.8	50%	0.1
IN		Hindalco Industries Ltd NSE:HINDALCO	8.2	46%	0.2
CN	A	Aluminum Corp of China Ltd OTC:ALMMF	6	50%	0.1
CN	C	China Hongqiao Group Ltd HKEX:1378	3.2	71%	0
NO		Norsk Hydro ASA OSE:NHY	9.9	92%	0.1
US		Alcoa Corp NYSE:AA	37.7	N/A	N/A
MY		Press Metal Aluminium Holdings Bhd KLSE:PMETAL	20.9	67%	0.3
CN		Yunnan Aluminium Co Ltd SZSE:000807	6.8	55%	0.1
CN		Shandong Nanshan Aluminium Co Ltd SSE:600219	6.2	76%	0.1
CN		Tianshan Aluminum Group Co Ltd SZSE:002532	11.4	87%	0.1

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Kaiser Aluminum Corp
NASDAQ:KALU

Relative Value

Valuation Multiples

Multiples Across Competitors

KALU Competitors Multiples
Kaiser Aluminum Corp Competitors

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Company

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52 Week Range	60.3 101.2
Price Target

Kaiser Aluminum Corp NASDAQ:KALU

Relative Value

Valuation Multiples

Multiples Across Competitors

KALU Competitors Multiples Kaiser Aluminum Corp Competitors

See Also

Company

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Kaiser Aluminum Corp
NASDAQ:KALU

KALU Competitors Multiples
Kaiser Aluminum Corp Competitors