Alcoa Corporation, together with its subsidiaries, engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally. The company operates through two segments, Alumina and Aluminum. It operates bauxite and other aluminous ores mining; and processes bauxite into alumina for sale to aluminum smelter customers and customers who process it into industrial chemical products through supply contracts to third parties, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for transportation, building and construction, packaging, wire, other industrial markets, and traders. In addition, it provides energy that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.
Navigating Challenges | Learn how Alcoa addresses environmental concerns and operational hurdles while leveraging strategic initiatives to optimize assets and improve cash flow generation. |
Market Dynamics Shift | Delve into the aluminum market's evolving landscape, where rising alumina prices and supply constraints create a favorable environment for producers like Alcoa. |
Financial Resurgence | Explore Alcoa's projected financial turnaround, with ROCE expected to rise from -2.7% to 13.5% and ROE from -8.7% to 22.9% by 2025, signaling robust growth potential. |
Aluminum Giant's Edge | Alcoa's vertically integrated structure and cost-efficient operations position it as a leader in the aluminum industry, capitalizing on strong demand and supply constraints. |
Metrics to compare | AA | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipAAPeersSector | |
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P/E Ratio | 8.8x | 8.4x | 1.2x | |
PEG Ratio | 0.04 | −0.32 | 0.00 | |
Price / Book | 1.3x | 1.4x | 1.6x | |
Price / LTM Sales | 0.6x | 1.4x | 1.2x | |
Upside (Analyst Target) | 23.3% | 4.5% | 27.7% | |
Fair Value Upside | Unlock | −8.3% | 3.4% | Unlock |