Arconic Corp Stock Research

Market Summary

USD26.84+0.31

Delayed

1.17%

ARNC Alerts

Big fall in earnings (Y/Y)
Losses in recent quarter

ARNC Stock Price

ARNC RSI Chart

ARNC Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

-14.66

Price/Sales (Trailing)

0.3

EV/EBITDA

16.16

Price/Free Cashflow

28.7

ARNC Price/Sales (Trailing)

ARNC Profitability

EBT Margin

-2.14%

Return on Equity

-13.41%

Return on Assets

-3.03%

Free Cashflow Yield

3.48%

ARNC Fundamentals

ARNC Revenue

Revenue (TTM)

9.0B

Revenue Y/Y

-9.17%

Revenue Q/Q

-14.82%

ARNC Earnings

Earnings (TTM)

-182.0M

Earnings Y/Y

-618.42%

Earnings Q/Q

-320%

Price Action

52 Week Range

16.3331.24

(Low)(High)

Last 7 days

-2.6%

Last 30 days

15.2%

Last 90 days

25.5%

Trailing 12 Months

15.0%

ARNC Financial Health

Current Ratio

1.52

ARNC Investor Care

Buy Backs (1Y)

4.70%

Diluted EPS (TTM)

-1.75

Peers (Alternatives to Arconic)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	53.0B	10.0B	-7.68%	4.39%	20	5.27	-8.10%	-22.37%
FCX	51.7B	22.8B	-15.67%	-18.67%	11.53	2.27	-0.28%	-16.51%
NUE	37.7B	41.5B	-13.60%	7.71%	4.95	0.91	13.78%	11.42%
NEM	36.3B	11.9B	-4.53%	-36.64%	-84.62	3.05	-2.51%	-136.79%
STLD	18.4B	22.3B	-17.78%	40.45%	4.74	0.83	20.92%	19.49%
RS	14.5B	17.0B	4.78%	29.08%	7.84	0.85	20.80%	30.11%
MID-CAP
RGLD	7.9B	603.2M	-2.80%	-10.95%	32.95	13.06	-7.71%	-12.79%
AA	7.2B	12.5B	-17.06%	-45.71%	-58.62	0.58	2.46%	-128.67%
X	4.9B	21.1B	-13.46%	-23.24%	1.42	0.22	3.90%	-39.53%
ARNC	2.7B	9.0B	15.20%	14.95%	-14.66	0.3	19.42%	54.16%
MTRN	2.2B	1.8B	19.41%	23.81%	25.44	1.25	16.32%	18.65%
SMALL-CAP
KALU	1.0B	3.4B	-23.23%	-22.64%	-35.34	0.31	41.60%	-60.00%
CENX	836.3M	2.8B	-11.35%	-59.89%	-59.31	0.3	25.53%	91.56%
AP	46.6M	381.2M	-21.09%	-61.41%	-4.93	0.12	9.71%	-615.11%
UAMY	41.0M	11.8M	-7.22%	-25.09%	33.44	3.48	82.07%	167.89%

Financials for Arconic

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2021Q4	2021Q3
Revenue	-3.5%	8,961	9,288	8,768	7,504	6,828
S&GA Expenses	-6.8%	246	264	265	247	-
R&D Expenses	2.8%	37.00	36.00	35.00	34.00	-
EBITDA	-66.9%	149	450	568	-	-
EBITDA Margin	-65.7%	0.02*	0.05*	0.06*	-	-
Earnings Before Taxes	-295.9%	-192	98.00	215	-459	-
EBT Margin	-303.1%	-0.02*	0.01*	0.02*	-	-
Interest Expenses	0%	104	104	103	100	-
Net Income	-443.4%	-182	53.00	134	-397	-
Net Income Margin	-455.9%	-0.02*	0.01*	0.02*	-	-
Free Cahsflow	830.0%	93.00	10.00	-127	-	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-6.3%	6,015	6,422	6,913	6,768	6,580
Current Assets	-9.2%	3,002	3,306	3,674	3,369	3,168
Cash Equivalents	-16.3%	261	312	252	210	335
Inventory	-7.3%	1,622	1,750	1,910	1,833	1,630
Net PPE	-4.7%	2,361	2,478	2,592	2,634	2,651
Goodwill	-0.7%	292	294	308	319	322
Liabilities	-2.8%	4,658	4,793	5,105	5,207	5,021
Current Liabilities	-1.4%	1,971	2,000	2,256	2,324	2,063
. Short Term Borrowings	200.0%	150	50.00	100	-	-
LT Debt, Non Current	0.1%	1,597	1,596	1,596	1,595	1,594
Shareholder's Equity	-15.9%	1,357	1,614	1,808	1,561	1,545
Retained Earnings	-59.2%	-734	-461	-396	-510	-552
Additional Paid-In Capital	-0.1%	3,373	3,377	3,371	3,363	3,368
Accumulated Depreciation	1.7%	5,014	4,930	4,918	4,878	-
Shares Outstanding	-5.6%	99.00	105	-	-	-
Minority Interest	-100.0%	-	15.00	15.00	14.00	14.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	37.4%	338	246	113	-216	-407
Share Based Compensation	-42.3%	15.00	26.00	28.00	25.00	22.00
Cashflow From Investing	5.7%	-214	-227	-234	-248	-181
Cashflow From Financing	-263.0%	-196	-54.00	-167	-90.00	135
Buy Backs	-4.6%	185	194	205	177	161

Risks for ARNC

What is the probability of a big loss on ARNC?

93.8%

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

62.7%

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

45.8%

Probability that Arconic 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 ARNC drawdown profile look like?

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

Drawdowns

Returns for ARNC

Cumulative Returns on ARNC

3.9%

10-Year Cumulative Returns

3.3%

7-Year Cumulative Returns

1.9%

5-Year Cumulative Returns

8.9%

3-Year Cumulative Returns

What are the long-term rolling returns for ARNC?

FIve years rolling returns for Arconic.

Annualized Returns

Which funds bought or sold ARNC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	40.25	322,607	758,607	-%
2023-03-06	Rockefeller Capital Management L.P.	unchanged	-	-	-	-%
2023-02-28	Voya Investment Management LLC	reduced	-1.04	200,261	1,076,260	-%
2023-02-27	Parallax Volatility Advisers, L.P.	new	-	204,406	204,406	-%
2023-02-24	SRS Capital Advisors, Inc.	new	-	529	529	-%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	unchanged	-	128,000	663,000	0.01%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	added	24.16	3,115	10,115	-%
2023-02-21	MACQUARIE GROUP LTD	reduced	-4.13	8,703,000	54,549,000	0.06%
2023-02-16	HARBOUR INVESTMENTS, INC.	reduced	-36.72	-5,858	5,142	-%
2023-02-15	CAPTRUST FINANCIAL ADVISORS	reduced	-2.11	109,233	614,233	-%

Latest Funds Activity

Are funds buying ARNC calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own ARNC

No. of Funds

Arconic News

Schedule 13G FIlings of Arconic

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	orbis investment management ltd	5.4%	5,489,866	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	11.73%	11,901,158	SC 13G/A
Jan 26, 2023	blackrock inc.	19.6%	19,900,942	SC 13G/A
Jan 20, 2023	blackrock inc.	19.6%	19,900,942	SC 13G
Feb 14, 2022	elliott investment management l.p.	0.5%	550,000	SC 13G/A
Feb 14, 2022	orbis investment management ltd	9%	9,471,109	SC 13G/A
Feb 10, 2022	state street corp	5.14%	5,473,563	SC 13G
Feb 09, 2022	vanguard group inc	10.20%	10,861,880	SC 13G/A
Jan 27, 2022	blackrock inc.	18.1%	19,320,483	SC 13G/A

ARNC Fair Value

Arconic fair value in different scenarios

The table shows the Fair Value estimates for Arconic 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 Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	18.66 -30.48%	22.26 -17.06%	30.97 15.39%	51.59 92.21%	72.97 171.87%
Current Inflation	17.37 -35.28%	20.47 -23.73%	27.91 3.99%	45.76 70.49%	64.22 139.27%
Very High Inflation	15.76 -41.28%	18.27 -31.93%	24.25 -9.65%	38.90 44.93%	54.01 101.23%

Historical Arconic Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Arconic

View All Filings

Date Filed	Form Type	Document
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Feb 21, 2023	10-K	Annual Report
Feb 21, 2023	8-K	Current Report

Latest Insider Trading transactions for ARNC

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-01	MYERS TIMOTHY DONALD	acquired	-	-	85,461	ceo
2023-03-01	Perreiah Diana B.	acquired	-	-	12,949	executive vice president
2023-03-01	ASMUSSEN ERICK R	acquired	-	-	24,048	executive vp and cfo
2023-03-01	Vrablec Mark J	acquired	-	-	11,099	evp&cco
2023-03-01	Zik Mary	acquired	-	-	5,087	vp and controller
2023-03-01	Woodall Robert L.	acquired	-	-	11,099	executive vice president
2023-03-01	Fayock Daniel G	acquired	-	-	12,949	evp & chief legal officer
2023-03-01	Miller Melissa M	acquired	-	-	12,949	evp and chro
2022-12-30	ONEAL E STANLEY	acquired	-	-	1,594	-
2022-11-21	Austen William F.	bought	198,406	19.8406	10,000	-

About Arconic

Timothy D. Myers

http://www.arconic.com/

13900

Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, the United Kingdom, and internationally. It operates through three segments: Rolled Products, Building and Construction Systems, and Extrusions. The Rolled Products segment provides a range of aluminum sheet and plate products for ground transportation, aerospace, industrial, and packaging markets; and roofing, architectural composite panels, ventilated facades and ceiling panels, spacers, culvert pipes, and gutters for building and construction markets. The Building and Construction Systems segment provides various products and building envelope solutions, such as entrances, curtain walls, windows, composite panels, and coil coated sheets for fabricators and glazing subcontractors under the Kawneer, Reynobond, and Reynolux brands. The Extrusions segment offers extruded products, including aerospace shapes, automotive shapes, seamless tubes, hollows, mortar fins, and high strength rods and bars for ground transportation, aerospace, and industrial markets. The company offers its products directly to customers, as well as through distributors. The company was formerly known as Arconic Rolled Products Corporation and changed its name to Arconic Corporation in April 2020. Arconic Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.

ARNC Income Statement

2022-09-30

Statement of Combined Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Statement of Combined Operations - USD ($) $ in Millions	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Total sales	$ 2,280	$ 1,890	$ 7,019	$ 5,366
Cost of goods sold (exclusive of expenses below)	2,074	1,676	6,288	4,674
Selling, general administrative, and other expenses	62	63	200	183
Research and development expenses	9	8	27	25
Provision for depreciation and amortization	59	61	181	186
Restructuring and other charges (E)	112	14	119	612
Operating (loss) income	(36)	68	204	(314)
Interest expense	27	26	78	74
Other expenses, net	27	15	9	52
(Loss) Income before income taxes	(90)	27	117	(440)
(Benefit) Provision for income taxes	(25)	11	25	(81)
Net (loss) income	(65)	16	92	(359)
Net Income (Loss) Attributable to Noncontrolling Interest	0	0	1	0
Net (loss) income attributable to Arconic Corporation	$ (65)	$ 16	$ 91	$ (359)
Earnings Per Share Attributable to Arconic Corporation Common Stockholders
Basic	$ (0.64)	$ 0.15	$ 0.87	$ (3.28)
Diluted	$ (0.64)	$ 0.15	$ 0.85	$ (3.28)

ARNC Balance Sheet

2022-09-30

Consolidated Balance Sheet - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 312	$ 335
Accounts Receivable, after Allowance for Credit Loss, Current	846	922
Other receivables	170	226
Inventories	1,750	1,630
Fair value of hedging instruments and derivatives (Q)	138	1
Prepaid expenses and other current assets	90	54
Total current assets	3,306	3,168
Properties, plants, and equipment	7,492	7,529
Less: accumulated depreciation and amortization	5,014	4,878
Properties, plants, and equipment, net	2,478	2,651
Goodwill	294	322
Operating lease right-of-use assets	110	122
Deferred income taxes	157	229
Other noncurrent assets	77	88
Total assets	6,422	6,580
Current liabilities:
Short-term Debt	150	0
Accounts Payable, Trade, Current	1,489	1,718
Accrued compensation and retirement costs	127	116
Taxes, including income taxes	74	61
Environmental remediation	27	15
Operating lease liabilities	31	35
Derivative Liability, Current	1	23
Other current liabilities	101	95
Total current liabilities	2,000	2,063
Long-term debt	1,596	1,594
Accrued pension benefits	589	717
Accrued other postretirement benefits	392	411
Environmental remediation	52	49
Operating lease liabilities	82	90
Deferred income taxes	11	12
Other noncurrent liabilities	71	85
Total liabilities	4,793	5,021
Contingencies and commitments
Arconic Corporation stockholders’ equity:
Common stock	1	1
Additional capital	3,377	3,368
Accumulated deficit	(461)	(552)
Treasury stock (J)	(300)	(161)
Accumulated other comprehensive loss (K)	(1,003)	(1,111)
Total Arconic Corporation stockholders’ equity	1,614	1,545
Noncontrolling interest	15	14
Total equity	1,629	1,559
Total liabilities and equity	$ 6,422	$ 6,580