Century Aluminum Company produces primary aluminum in the United States and Iceland. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. The company was founded in 1995 and is based in Chicago, Illinois.
CENX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CENX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Century Aluminum Co ranked in the 6th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for CENX, they are:
The company's compound free cash flow growth rate over the past 5.68 years comes in at -0.27%; that's greater than only 5.71% of US stocks we're applying DCF forecasting to.
The company has produced more trailing twelve month cash flow than merely 14.55% of its sector Basic Materials.
Century Aluminum Co's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -2.33. This coverage rate is greater than that of merely 16.99% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Century Aluminum Co? See RYAM, AG, ASH, CMCL, and CX.
Century Aluminum Company (CENX) Q2 2020 Earnings Conference Call August 05, 2020 05:00 PM ET Company Participants Peter Trpkovski - Finance Manager Mike Bless - President and Chief Executive Officer Craig Conti - Executive Vice President and Chief Financial Officer Shelly Harrison - Senior Vice President, Finance & Treasurer Conference...
Century Aluminum (CENX) -16.5% after-hours, as it posts a larger than forecast Q2 loss and a 15% Y/Y revenue decline to $402M.Q2 adjusted EBITDA plunged 83% Q/Q to $4.7M; shipment of primary aluminum rose 4% Q/Q to 210.3K metric tons, while sales fell 5% due to lower LME prices.CEO Mike...
CHICAGO, July 22, 2020 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) will report second quarter 2020 earnings on Wednesday, August 5, 2020 after the close of market trading. The news release will be issued through GlobeNewswire.The company will hold a follow-up conference call on Wednesday, August 5, 2020 at 5:00 p.m. Eastern time.The earnings call will be webcast live on the Century Aluminum Company website, located at www.centuryaluminum.com. Plan to begin the registration process at least 10 minutes before the live call is scheduled to begin. A replay of the webcast will be archived and available for replay approximately two hours following the live call.Contact: Peter Trpkovski (investors and media) [email protected] (312) 696-3112
An additional $3,135,000 aggregate principal amount of Notes were tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase and the related Notice of Guaranteed Delivery, each dated June 18, 2020, sent to holders of the Notes in connection with the Tender Offer (the “Tender Offer Documents”). Century will purchase all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time and all Notes validly tendered and delivered pursuant to the guaranteed delivery procedures described in the Tender Offer Documents on the settlement date for the Tender Offer, which is expected to be July 1, 2020 (the “Settlement Date”).