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Alcoa Corp Stock Research

AA

40.71USD+0.65(+1.62%)Market Closed

Market Summary

USD40.71+0.65
Market Closed
1.62%

AA Alerts

AA Stock Price

AA RSI Chart

AA Valuation

Market Cap

7.2B

Price/Earnings (Trailing)

-58.56

Price/Sales (Trailing)

0.58

EV/EBITDA

5.37

Price/Free Cashflow

21.06

AA Price/Sales (Trailing)

AA Profitability

EBT Margin

5.64%

Return on Equity

-2.42%

Return on Assets

-0.83%

Free Cashflow Yield

4.75%

AA Fundamentals

AA Revenue

Revenue (TTM)

12.5B

Revenue Y/Y

-20.27%

Revenue Q/Q

-6.59%

AA Earnings

Earnings (TTM)

-123.0M

Earnings Y/Y

-0.77%

Earnings Q/Q

47.05%

Price Action

52 Week Range

33.4797.48
(Low)(High)

Last 7 days

-0.1%

Last 30 days

-15.3%

Last 90 days

-7.9%

Trailing 12 Months

-56.5%

AA Financial Health

Current Ratio

1.75

Debt/Equity

0.36

Debt/Cashflow

0.46

AA Investor Care

Dividend Yield

0.25%

Dividend/Share (TTM)

0.1

Buy Backs (1Y)

5.43%

Diluted EPS (TTM)

-0.68

Peers (Alternatives to Alcoa)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
55.7B
10.0B
-3.08% -2.50%
21.04
5.55
-8.10% -22.37%
54.9B
22.8B
-10.03% -21.86%
12.26
2.41
-0.28% -16.51%
38.8B
41.5B
-8.32% 2.71%
5.11
0.94
13.78% 11.42%
38.2B
11.9B
6.60% -38.48%
-89
3.2
-2.51% -136.79%
18.8B
22.3B
-10.95% 28.06%
4.83
0.84
20.92% 19.49%
14.7B
17.0B
3.51% 30.62%
7.98
0.86
20.80% 30.11%
MID-CAP
7.2B
12.5B
-15.31% -56.52%
-58.56
0.58
2.46% -128.67%
4.9B
21.1B
-10.87% -29.11%
1.42
0.22
3.90% -39.53%
3.3B
718.9M
15.98% -12.37%
-87.3
4.54
-10.97% -206.42%
2.6B
9.0B
18.74% 5.62%
-14.37
0.29
19.42% 54.16%
2.2B
1.8B
1.49% 25.63%
26.03
1.27
16.32% 18.65%
SMALL-CAP
1.1B
3.4B
-22.17% -29.51%
-35.66
0.31
41.60% -60.00%
827.2M
2.8B
-11.78% -68.95%
-58.67
0.3
25.53% 91.56%
43.9M
381.2M
-11.02% -64.69%
-4.64
0.12
9.71% -615.11%
40.4M
11.8M
-4.55% -30.91%
32.93
3.43
82.07% 167.89%

Financials for Alcoa

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue-5.2%12,45113,12813,38612,57512,152
  S&GA Expenses-1.9%204208217219227
  R&D Expenses-3.0%32.0033.0034.0033.0031.00
EBITDA-11.7%1,4251,6142,880--
EBITDA Margin-6.9%0.11*0.12*0.22*--
Earnings Before Taxes-19.4%7028712,0971,6501,199
EBT Margin-15.0%0.06*0.07*0.16*--
Interest Expenses-1.9%106108141178195
Net Income-238.2%-12389.001,172848429
Net Income Margin-245.7%-0.01*0.01*0.07*--
Free Cahsflow-57.6%3428071,153--
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.9%14,75614,88515,70915,98815,025
  Current Assets-1.9%5,2505,3505,8635,5985,026
    Cash Equivalents-4.8%1,3631,4321,6381,5541,814
  Inventory1.1%2,4272,4002,5562,4951,956
  Net PPE3.8%6,4936,2546,4576,8246,623
Liabilities2.2%8,1677,9938,4179,7318,741
  Current Liabilities1.7%3,0042,9543,2363,4663,223
.    Short Term Borrowings-75.00----
  Long Term Debt4.7%1,8061,7251,7251,7271,726
    LT Debt, Current-1.00----
    LT Debt, Non Current-1,726----
Shareholder's Equity-5.5%5,0765,3717,2926,2574,672
  Retained Earnings-260.8%-570-158606114-315
  Additional Paid-In Capital0.1%9,1839,1719,3139,5379,577
Accumulated Depreciation-3.2%12,76513,19013,62113,130-
Minority Interest-0.5%1,5131,5211,6261,6781,612
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-35.2%8221,2691,570948920
  Share Based Compensation-2.4%40.0041.0041.0040.0039.00
Cashflow From Investing-115.2%-495-230-169-42.00565
Cashflow From Financing17.9%-768-935-1,295-1,795-1,158
  Dividend Payments-2.7%72.0074.0075.0074.0019.00
  Buy Backs-23.1%500650667450150

Risks for AA

What is the probability of a big loss on AA?

100%


Probability that Alcoa stock will be more than 20% underwater in next one year

71.9%


Probability that Alcoa stock will be more than 30% underwater in next one year.

65%


Probability that Alcoa stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Alcoa was unfortunately bought at previous high price.

Drawdowns

Returns for AA

Cumulative Returns on AA

-1.7%


5-Year Cumulative Returns

93.5%


3-Year Cumulative Returns

What are the long-term rolling returns for AA?

FIve years rolling returns for Alcoa.

Annualized Returns

Which funds bought or sold AA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
40.68
6,452,360
13,617,400
0.01%
2023-03-06
Rockefeller Capital Management L.P.
added
42.05
485,000
1,013,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
955
1,955
-%
2023-02-28
Voya Investment Management LLC
reduced
-3.79
6,734,160
29,211,200
0.04%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-74.48
-9,441,630
4,966,370
0.01%
2023-02-24
SRS Capital Advisors, Inc.
added
10.26
960
1,960
-%
2023-02-24
NATIXIS
reduced
-93.00
-8,062,900
831,101
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
347,000
1,337,000
0.01%
2023-02-22
CVA Family Office, LLC
sold off
-100
-
-
-%
2023-02-21
Empirical Finance, LLC
added
0.7
128,437
484,437
0.05%

1–10 of 45

Latest Funds Activity

Are funds buying AA calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own AA
No. of Funds

Alcoa News

Nasdaq

May 5th Options Now Available For Alcoa (AA).

Nasdaq,
13 hours ago

Investing.com Australia

InvestorsObserver

Nasdaq

InvestorsObserver

InvestorsObserver

Schedule 13G FIlings of Alcoa

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 10, 2023
vanguard group inc
10.06%
17,806,700
SC 13G/A
Feb 09, 2023
vanguard group inc
9.99%
17,673,416
SC 13G/A
Jan 30, 2023
blackrock inc.
12.6%
22,267,957
SC 13G
Feb 09, 2022
vanguard group inc
9.68%
18,119,209
SC 13G/A
Jan 10, 2022
blackrock inc.
10.6%
19,840,330
SC 13G
Jul 12, 2021
blackrock inc.
4.4%
8,239,357
SC 13G/A
Feb 10, 2021
renaissance technologies llc
0.60%
1,111,996
SC 13G/A
Feb 10, 2021
vanguard group inc
8.80%
16,363,905
SC 13G/A
Jan 29, 2021
blackrock inc.
7.5%
13,925,422
SC 13G/A
Oct 09, 2020
capital research global investors
0.0%
27,753
SC 13G/A

AA Fair Value

Alcoa fair value in different scenarios

The table shows the Fair Value estimates for Alcoa for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

33.98

-16.53%

46.39

13.95%

66.72

63.89%

94.90

133.11%

122.96

202.04%
Current Inflation

32.61

-19.90%

43.95

7.96%

60.63

48.93%

84.97

108.72%

108.97

167.67%
Very High Inflation

30.84

-24.24%

40.83

0.29%

53.39

31.15%

73.28

80.00%

92.64

127.56%

Historical Alcoa Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Alcoa

View All Filings
Date Filed Form Type Document
Mar 16, 2023
8-K
Current Report
Mar 16, 2023
ARS
ARS
Mar 16, 2023
DEF 14A
DEF 14A
Mar 16, 2023
DEFA14A
DEFA14A
Mar 16, 2023
DEFA14A
DEFA14A
Feb 23, 2023
10-K
Annual Report
Feb 10, 2023
4
Insider Trading
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 03, 2023
4
Insider Trading

Latest Insider Trading transactions for AA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-08
Harvey Roy Christopher
sold
-1,540,170
51.339
-30,000
president, ceo & director
2023-02-01
Bacchi Renato
sold
-535,000
53.5
-10,000
evp & csio
2023-01-31
Elam Harden Sonya
sold
-234,142
51.8702
-4,514
evp & chief ext. aff. officer
2023-01-30
Oplinger William F
sold
-11.9215
52.75
-0.226
evp & cfo
2023-01-27
Oplinger William F
sold
-7,130,250
53.0351
-134,444
evp & cfo
2023-01-27
Oplinger William F
acquired
274,204
27.96
9,807
evp & cfo
2023-01-27
Heeter Jeffrey D.
sold
-2,055,060
51.21
-40,130
evp & gen. counsel
2023-01-25
Oplinger William F
sold (taxes)
-2,240,150
52.19
-42,923
evp & cfo
2023-01-25
Jones Tammi A
acquired
-
-
2,880
evp & chro
2023-01-25
Heeter Jeffrey D.
acquired
-
-
73,540
evp & gen. counsel

1–10 of 50

Roy C. Harvey
12200
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, 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 the transportation, building and construction, packaging, wire, and other industrial markets. In addition, it owns hydro power plants 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 1888 and is headquartered in Pittsburgh, Pennsylvania.

AA Income Statement

2022-12-31
Statement of Consolidated Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Sales (E)$ 12,451$ 12,152$ 9,286
Cost of goods sold (exclusive of expenses below)10,2129,1537,969
Selling, general administrative, and other expenses204227206
Research and development expenses323127
Provision for depreciation, depletion, and amortization617664653
Restructuring and other charges, net (D)6961,128104
Interest expense (U)106195146
Other (income) expenses, net (U)(118)(445)8
Total costs and expenses11,74910,9539,113
Income before income taxes7021,199173
Provision for income taxes (Q)664629187
Net income (loss)38570(14)
Less: Net income attributable to noncontrolling interest161141156
Net (loss) income attributable to Alcoa Corporation$ (123)$ 429$ (170)
Earnings per share attributable to Alcoa Corporation common shareholders (F):   
Basic$ (0.68)$ 2.30$ (0.91)
Diluted$ (0.68)$ 2.26$ (0.91)

AA Balance Sheet

2022-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents (P)$ 1,363$ 1,814
Receivables from customers778757
Other receivables131127
Inventories (J)2,4271,956
Fair value of derivative instruments (P)13414
Prepaid expenses and other current assets417358
Total current assets5,2505,026
Properties, plants, and equipment, net (K)6,4936,623
Investments (H)1,1221,199
Deferred income taxes (Q)296506
Fair value of derivative instruments (P)27
Other noncurrent assets (U)1,5931,664
Total Assets14,75615,025
Current liabilities:  
Accounts payable, trade1,7571,674
Accrued compensation and retirement costs335383
Taxes, including income taxes230374
Fair value of derivative instruments (P)200274
Other current liabilities481517
Long-term debt due within one year (M & P)11
Total current liabilities3,0043,223
Long-term debt, less amount due within one year (M & P)1,8061,726
Accrued pension benefits (O)213417
Accrued other postretirement benefits (O)480650
Asset retirement obligations (R)711622
Environmental remediation (S)226265
Fair value of derivative instruments (P)1,0261,048
Noncurrent income taxes (Q)215191
Other noncurrent liabilities and deferred credits (U)486599
Total liabilities8,1678,741
Contingencies and commitments (S)
Alcoa Corporation shareholders’ equity:  
Common stock (N)22
Additional capital9,1839,577
Accumulated deficit(570)(315)
Accumulated other comprehensive loss (G)(3,539)(4,592)
Total Alcoa Corporation shareholders’ equity5,0764,672
Noncontrolling interest (A)1,5131,612
Total equity6,5896,284
Total Liabilities and Equity$ 14,756$ 15,025