(CENX) Century Aluminum - Overview

Sector: Basic Materials | Industry: Aluminum | Exchange: NASDAQ (USA) | Market Cap: 5.624m USD | Total Return: 320.2% in 12m

Primary Aluminum, Alumina, Carbon Anodes, Bauxite
Total Rating 55
Safety 52
Buy Signal 1.80
Aluminum
Industry Rotation: -3.7
Market Cap: 5.62B
Avg Turnover: 91.8M
Risk 3d forecast
Volatility66.8%
VaR 5th Pctl10.9%
VaR vs Median-0.51%
Reward TTM
Sharpe Ratio2.35
Rel. Str. IBD97.5
Rel. Str. Peer Group97.2
Character TTM
Beta1.963
Beta Downside2.057
Hurst Exponent0.425
Drawdowns 3y
Max DD42.77%
CAGR/Max DD2.29
CAGR/Mean DD6.77
EPS (Earnings per Share) EPS (Earnings per Share) of CENX over the last years for every Quarter: "2021-03": -0.54, "2021-06": -0.27, "2021-09": -0.06, "2021-12": 0.17, "2022-03": 0.59, "2022-06": 0.3, "2022-09": -0.34, "2022-12": -0.31, "2023-03": -0.11, "2023-06": 0.16, "2023-09": -0.13, "2023-12": 0.39, "2024-03": -0.03, "2024-06": 0.01, "2024-09": 0.63, "2024-12": 0.49, "2025-03": 0.36, "2025-06": -0.05, "2025-09": 0.56, "2025-12": 1.25, "2026-03": 1.63,
Last SUE: -0.55
Qual. Beats: 0
Revenue Revenue of CENX over the last years for every Quarter: 2021-03: 444, 2021-06: 528, 2021-09: 581.4, 2021-12: 659.1, 2022-03: 753.6, 2022-06: 856.6, 2022-09: 637.2, 2022-12: 529.9, 2023-03: 552.4, 2023-06: 575.5, 2023-09: 545.2, 2023-12: 512.3, 2024-03: 489.5, 2024-06: 560.8, 2024-09: 539.1, 2024-12: 630.9, 2025-03: 633.9, 2025-06: 628.1, 2025-09: 632.2, 2025-12: 633.7, 2026-03: 649.2,
Rev. CAGR: 6.44%
Rev. Trend: 76.4%
Last SUE: 0.35
Qual. Beats: 0

Warnings

Altman Z'' -0.54 < 1.0 - financial distress zone

Tailwinds

Leader, Tailwind, Pullback 52w, Avwap Ph Month, Confidence

Description: CENX Century Aluminum

Century Aluminum Company (CENX) is a global producer of primary aluminum and alumina with core operations in the United States and Iceland. The company manages a vertically integrated supply chain that includes bauxite mining and alumina refining in Jamaica, as well as carbon anode production in the Netherlands. Its output consists of both standard-grade and value-added aluminum products tailored for various industrial applications.

The primary aluminum industry is highly energy-intensive, often locating smelters near low-cost power sources like hydroelectric or geothermal energy to maintain margin stability. As a commodity-linked business, CENX’s profitability is heavily influenced by global LME (London Metal Exchange) aluminum prices and fluctuations in raw material costs like alumina and electricity. You can evaluate these pricing sensitivities further on ValueRay.

Headlines to Watch Out For
  • LME aluminum price fluctuations dictate primary revenue and operating margins
  • Regional electricity costs and long-term power contracts impact smelting profitability
  • Section 232 tariffs and trade policy shifts alter domestic market competitiveness
  • Value-added product demand from automotive and construction sectors drives premium growth
  • Raw material input costs for alumina and carbon anodes affect bottom-line performance
Piotroski VR‑10 (Strict) 3.0
Net Income: 349.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 1.61 > 1.0
NWC/Revenue: 27.91% < 20% (prev 15.84%; Δ 12.07% < -1%)
CFO/TA 0.07 > 3% & CFO 179.7m > Net Income 349.6m
Net Debt (323.6m) to EBITDA (201.1m): 1.61 < 3
Current Ratio: 2.30 > 1.5 & < 3
Outstanding Shares: last quarter (104.6m) vs 12m ago 5.44% < -2%
Gross Margin: 12.67% > 18% (prev 0.10%; Δ 1.26k% > 0.5%)
Asset Turnover: 110.3% > 50% (prev 121.0%; Δ -10.64% > 0%)
Interest Coverage Ratio: 2.31 > 6 (EBITDA TTM 201.1m / Interest Expense TTM 46.4m)
Altman Z'' -0.54
A: 0.27 (Total Current Assets 1.25b - Total Current Liabilities 544.7m) / Total Assets 2.65b
B: -0.49 (Retained Earnings -1.29b / Total Assets 2.65b)
C: 0.05 (EBIT TTM 107.3m / Avg Total Assets 2.30b)
D: -0.97 (Book Value of Equity -1.34b / Total Liabilities 1.37b)
Altman-Z'' = -0.54 = B
Beneish M -3.48
DSRI: 0.64 (Receivables 135.9m/198.8m, Revenue 2.54b/2.36b)
GMI: 0.76 (GM 12.67% / 9.69%)
AQI: 0.90 (AQ_t 0.07 / AQ_t-1 0.08)
SGI: 1.08 (Revenue 2.54b / 2.36b)
TATA: 0.06 (NI 349.6m - CFO 179.7m) / TA 2.65b)
Beneish M = -3.48 (Cap -4..+1) = AA
What is the price of CENX shares? As of May 23, 2026, the stock is trading at USD 60.46 with a total of 1,525,679 shares traded.
Over the past week, the price has changed by +14.48%, over one month by +3.11%, over three months by +25.48% and over the past year by +320.22%.
Is CENX a buy, sell or hold? Century Aluminum has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy CENX.
  • StrongBuy: 2
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the CENX price?
Analysts Target Price 80 32.3%
Century Aluminum (CENX) - Fundamental Data Overview as of 19 May 2026
P/E Trailing = 16.9107
P/E Forward = 6.4809
P/S = 2.2113
P/B = 5.0661
P/EG = 0.0623
Revenue TTM = 2.54b USD
EBIT TTM = 107.3m USD
EBITDA TTM = 201.1m USD
Long Term Debt = 479.5m USD (from longTermDebt, last fiscal year)
Short Term Debt = 66.1m USD (from shortTermDebt, last quarter)
Debt = 567.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 21.8m
Net Debt = 323.6m USD (calculated: Debt 567.7m - CCE 244.1m)
Enterprise Value = 5.95b USD (5.62b + Debt 567.7m - CCE 244.1m)
Interest Coverage Ratio = 2.31 (Ebit TTM 107.3m / Interest Expense TTM 46.4m)
EV/FCF = 217.9x (Enterprise Value 5.95b / FCF TTM 27.3m)
FCF Yield = 0.46% (FCF TTM 27.3m / Enterprise Value 5.95b)
FCF Margin = 1.07% (FCF TTM 27.3m / Revenue TTM 2.54b)
Net Margin = 13.75% (Net Income TTM 349.6m / Revenue TTM 2.54b)
Gross Margin = 12.67% ((Revenue TTM 2.54b - Cost of Revenue TTM 2.22b) / Revenue TTM)
Gross Margin QoQ = 18.30% (prev 14.20%)
Tobins Q-Ratio = 2.24 (Enterprise Value 5.95b / Total Assets 2.65b)
Interest Expense / Debt = 1.85% (Interest Expense 10.5m / Debt 567.7m)
Taxrate = 0.55% (1.80m / 328.8m)
NOPAT = 106.7m (EBIT 107.3m * (1 - 0.55%))
Current Ratio = 2.30 (Total Current Assets 1.25b / Total Current Liabilities 544.7m)
Debt / Equity = 0.49 (Debt 567.7m / totalStockholderEquity, last quarter 1.15b)
Debt / EBITDA = 1.61 (Net Debt 323.6m / EBITDA 201.1m)
Debt / FCF = 11.85 (Net Debt 323.6m / FCF TTM 27.3m)
Total Stockholder Equity = 860.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 15.17% (Net Income 349.6m / Total Assets 2.65b)
RoE = 16.27% (Net Income TTM 349.6m / Total Stockholder Equity 2.15b)
RoCE = 4.08% (EBIT 107.3m / Capital Employed (Equity 2.15b + L.T.Debt 479.5m))
RoIC = 5.52% (NOPAT 106.7m / Invested Capital 1.93b)
WACC = 11.88% (E(5.62b)/V(6.19b) * Re(12.89%) + D(567.7m)/V(6.19b) * Rd(1.85%) * (1-Tc(0.01)))
Discount Rate = 12.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 11.37 | Cagr: 0.56%
[DCF] Terminal Value 55.35% ; FCFF base≈27.3m ; Y1≈17.9m ; Y5≈8.20m
 [DCF] Fair Price = N/A (negative equity: EV 98.0m - Net Debt 323.6m = -225.6m; debt exceeds intrinsic value)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.55 | # QB: 0
Revenue Correlation: 76.43 | Revenue CAGR: 6.44% | SUE: 0.35 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.96 | Chg30d=+19.11% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=3.28 | Chg30d=+22.62% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=9.85 | Chg30d=+1.18% | Revisions=+33% | GrowthEPS=+300.4% | GrowthRev=+35.8%
EPS next Year (2027-12-31): EPS=10.49 | Chg30d=+12.92% | Revisions=+33% | GrowthEPS=+6.5% | GrowthRev=+17.1%
[Analyst] Revisions Ratio: +33%