KALU's current price/earnings ratio is 100.25, which is higher than 91.64% of US stocks with positive earnings.
With a year-over-year growth in debt of 117.77%, Kaiser Aluminum Corp's debt growth rate surpasses 89.52% of about US stocks.
Kaiser Aluminum Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -31.12%, greater than the shareholder yield of just 10.66% of stocks in our set.
Stocks that are quantitatively similar to KALU, based on their financial statements, market capitalization, and price volatility, are CWT, USCR, UHT, POR, and STKS.
Kaiser Aluminum is a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide with highly-engineered solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications. The company was founded in 1946 and is based in Foothill Ranch, California.
KALU Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Kaiser Aluminum Corp. To summarize, we found that Kaiser Aluminum Corp ranked in the 63th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for Kaiser Aluminum Corp ended up being:
The business' balance sheet reveals debt to be 41% of the company's capital (with equity being the remaining amount). Approximately 68.7% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Kaiser Aluminum Corp's weighted average cost of capital (WACC) is 10%; for context, that number is higher than 69.56% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than 64.06% of stocks in its sector (Basic Materials).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FF, SMID, RIO, ROCK, and CRH can be thought of as valuation peers to KALU, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.
Kaiser Aluminum Corporation (KALU) Q2 2020 Earnings Conference Call July 23, 2020, 01:00 PM ET Company Participants Melinda Ellsworth - VP, IR and Corporate Communications Jack Hockema - CEO and Chairman Keith Harvey - President and COO Neal West - SVP and CFO Conference Call Participants Josh Sullivan - Benchmark...
Ladies and gentlemen, thank you for standing by, and welcome to the Kaiser Aluminum Second Quarter 2020 Earnings Conference Call. If you have not seen a copy of our earnings release, please visit the Investor Relations page on our website at kaiseraluminum.com. Joining me on the call today are Chief Executive Officer and Chairman, Jack Hockema; President and Chief Operating Officer, Keith Harvey; Senior Vice President and Chief Financial Officer, Neal West; and Vice President and Chief Accounting Officer, Jennifer Huey.
Shares of Kaiser Aluminum (NASDAQ:KALU) fell 1.47% in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share decreased 74.29% year over year to $0.36, which beat the estimate of ($0.04).Revenue of $275,700,000 declined by 26.54% from the same period last year, which beat the estimate of $263,900,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.View more earnings on KALUKaiser Aluminum hasn't issued any revenue guidance for the time being.Technicals 52-week high: $117.06Company's 52-week low was at $54.54Price action over last quarter: down 1.59%Company Description Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The firm purchases primar...
Second Quarter 2020: * Net Sales $276 Million; Value Added Revenue $175 Million, Down 17% Year-over-Year * Net Loss $7 Million; Net Loss per Diluted Share $0.41, Includes Pre-tax Restructuring Charges of $12 Million, or $0.57 per Diluted Share After-tax * Adjusted Net Income $6 Million; Adjusted Earnings per Diluted Share $0.36 * Adjusted EBITDA $34 Million; Adjusted EBITDA Margin 19.7% * Total Liquidity ~$1.0 BillionFirst Half 2020: * Net Sales $645 Million; Value Added Revenue $391 Million, Down 9% Year-over-Year * Net Income $23 Million; Net Income per Diluted Share $1.41 * Adjusted Net Income $36 Million; Adjusted Earnings per Diluted Share $2.27 * Adjusted EBITDA $94 Million; Adjusted EBITDA Margin 24.0%FOOTHILL RANCH, Calif., July 22, 2020 (GLOBE NEWSWIRE) -- Kaiser Al...