Alcoa Corp (NYSE:AA)

Watchlist Manager

Watchlist

Price: 37.84 USD 3.33%

Market Cap: 9.8B USD

Have any thoughts about
Alcoa Corp?

Write Note

Section:

Relative Value

The Relative Value of one AA stock under the Base Case scenario is 41.89 USD. Compared to the current market price of 37.84 USD, Alcoa Corp is Undervalued by 10%.

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?

AA Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

0.9

P/S

vs History	14
vs Industry	73

Median 5Y

0.6

Industry

1.7

Forward

0.8

More Details

Negative

P/E

vs History
vs Industry

Median 5Y

-5.2

Industry

15.4

Forward

39.4

More Details

24.1

P/OCF

vs History	30
vs Industry	9

Median 5Y

12.1

Industry

9.1

More Details

18.7

P/FCFE

vs History	33
vs Industry	16

Median 5Y

8.9

Industry

More Details

1.9

P/B

vs History	33
vs Industry	36

Median 5Y

1.5

Industry

1.4

More Details

EV/S

vs History	9
vs Industry	71

Median 5Y

0.6

Industry

2.1

Forward

0.9

More Details

8.8

EV/GP

vs History	20
vs Industry	34

Median 5Y

3.9

Industry

7.2

More Details

11.7

EV/EBITDA

vs History	28
vs Industry	13

Median 5Y

4.6

Industry

9.9

Forward

7.2

More Details

37.7

EV/EBIT

vs History	4
vs Industry	25

Median 5Y

5.2

Industry

12.6

Forward

12.5

More Details

EV/OCF

vs History	28
vs Industry	10

Median 5Y

13.1

Industry

10.3

More Details

Negative

EV/FCFF

vs History
vs Industry	9

Median 5Y

11.3

Industry

More Details

0.9

EV/IC

vs History	11
vs Industry	62

Median 5Y

0.6

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		Alcoa Corp NYSE:AA	9.8B USD	0.9	-33.5	11.7	37.7
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
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
IN		National Aluminium Co Ltd NSE:NATIONALUM	395.5B INR	2.9	12.8	8.1	9.8

				Revenue Growth	P/S to Growth
US		Alcoa Corp NYSE:AA	Average P/S: 1.2 0.9	23%	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
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
IN		National Aluminium Co Ltd NSE:NATIONALUM	2.9	28%	0.1

				Earnings Growth	P/E to Growth
US		Alcoa Corp NYSE:AA	Average P/E: 19.8 Negative Multiple: -33.5	N/A	N/A
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
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
IN		National Aluminium Co Ltd NSE:NATIONALUM	12.8	72%	0.2

				EBITDA Growth	EV/EBITDA to Growth
US		Alcoa Corp NYSE:AA	Average EV/EBITDA: 7.8 11.7	347%	0
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
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
IN		National Aluminium Co Ltd NSE:NATIONALUM	8.1	172%	0

				EBIT Growth	EV/EBIT to Growth
US		Alcoa Corp NYSE:AA	Average EV/EBIT: 11.5 37.7	N/A	N/A
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
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
IN		National Aluminium Co Ltd NSE:NATIONALUM	9.8	243%	0

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

	Franklin Covey Co NYSE:FC	36.41 USD -1.03%
	Mohawk Industries Inc NYSE:MHK	119.16 USD 2%
	Ardmore Shipping Corp NYSE:ASC	11.31 USD 0.18%
	ASGN Inc NYSE:ASGN	83.87 USD -0.97%
	Skyworks Solutions Inc NASDAQ:SWKS	88.75 USD 0.56%
	Weatherford International PLC NASDAQ:WFRD	67.1 USD -2.13%

	Johnson & Johnson NYSE:JNJ	144.47 USD 0.62%
	Bank of America Corp NYSE:BAC	44.17 USD 1.82%
	Mastercard Inc NYSE:MA	528.03 USD 0.91%
	Salesforce Inc NYSE:CRM	343.65 USD 2.21%
	Abbvie Inc NYSE:ABBV	175.58 USD 2.37%
	Home Depot Inc NYSE:HD	392.6 USD 1.97%

	Arista Networks Inc NYSE:ANET	112.81 USD 3.43%
	Visa Inc NYSE:V	317.71 USD 0.9%
	Texas Pacific Land Corp NYSE:TPL	1 133.12 USD 3.36%
	KLA Corp NASDAQ:KLAC	629.37 USD 1.16%
	Manhattan Associates Inc NASDAQ:MANH	280.26 USD -0.81%
	Pinduoduo Inc NASDAQ:PDD	99.51 USD -1.48%

	Salesforce Inc NYSE:CRM	343.65 USD 2.21%
	Accenture PLC NYSE:ACN	366.37 USD -1.56%
	ServiceNow Inc NYSE:NOW	1 091.25 USD 1.52%
	EOG Resources Inc NYSE:EOG	119.04 USD 0.69%
	Copart Inc NASDAQ:CPRT	58.22 USD -0.39%
	Applied Materials Inc NASDAQ:AMAT	163.59 USD 1.33%

Alcoa Corp
NYSE:AA

Relative Value

Valuation Multiples

Multiples Across Competitors

AA Competitors Multiples
Alcoa Corp Competitors

See Also

Company

Help

Tools

Stocks

52 Week Range	25.2485 47.42
Price Target

Alcoa Corp NYSE:AA

Relative Value

Valuation Multiples

Multiples Across Competitors

AA Competitors Multiples Alcoa Corp Competitors

See Also

Company

Help

Tools

Stocks

Alcoa Corp
NYSE:AA

AA Competitors Multiples
Alcoa Corp Competitors