KALU Stock Analysis: Kaiser Aluminum | NASDAQ

Rolled Aluminum, Extruded Shapes, Aerospace Alloys, Packaging Coils

Total Rating 48

Safety 87

Buy Signal -1.38

Aluminum
Industry Rotation: -12.7

Market Cap: 2.52B
Avg Turnover: 27.0M

Risk 3d forecast

Volatility122%

VaR 5^th Pctl20.1%

VaR vs Median-0.02%

Reward TTM

Sharpe Ratio0.94

Rel. Str. IBD20.7

Rel. Str. Peer Group37.6 pctl

Character TTM

Beta1.965

Beta Downside1.549

Hurst Exponent0.459

Choppyness75.0%

Drawdowns 3y

Max DD48.85%

CAGR/Max DD0.62

CAGR/Mean DD2.04

EPS (Earnings per Share)

EPS CAGR: 81.69%
EPS Trend: 89.0%

Last SUE: -0.16
Qual. Beats: 0

Revenue

Rev. CAGR: 13.96%
Rev. Trend: 84.8%

Last SUE: 0.02
Qual. Beats: 0

Warnings

Earnings Expected To Drop (P/E To P/E Forward)

Below Avwap Earnings

Below Sma 200d

Tailwinds

Confidence

Seasonality 11.7 years of data

Jan +0.1% 7

Feb -0.6% 5

Mar -2.4% 40

Apr +4.8% 21

May +0.3% 10

Jun +2.3% 18

Jul -3.2% 21

Aug -1.7% 44

Sep -1.0% 16

Oct -1.9% 0

Nov +5.8% 45

Dec +3.4% 2

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: KALU Kaiser Aluminum

Kaiser Aluminum Corporation (NASDAQ: KALU) is a U.S.-based producer of semi-fabricated specialty aluminum mill products, including flat-rolled plate, sheet, and coil; extruded rod, bar, hollows, and shapes; drawn rod, bar, pipe, tube, and wire; and cast aluminum products. Unlike primary aluminum producers that smelt raw metal, the company operates in the mill products stage of the value chain, converting raw aluminum inputs into engineered intermediate forms sold to industrial customers.

The company serves four primary end markets: aerospace, space, and defense (heat-treated plates, hard alloy extrusions, cold finish rods and bars, and seamless drawn tubes); packaging (3000 and 5000-series alloy coils for beverage and food cans); general engineering (6000-series products used in military armor, semiconductor manufacturing, electronics, power transmission, and machinery); and automotive (extrusions for structural components, crash management systems, anti-lock braking systems, and drive shaft tubes). Kaiser also offers sawing and cutting-to-length fabrication services.

Products are sold directly to aerospace and automotive manufacturers, tier-one suppliers, packaging producers, and metal service centers, with sales personnel based in the United States, Canada, and Western Europe. The company was founded in 1946 and is headquartered in Franklin, Tennessee, and is classified within the GICS Materials sectors aluminum sub-industry.

Headlines to Watch Out For

Aerospace and defense demand drives aero/HS segment revenue growth
Automotive lightweighting boosts extruded product shipments
Aluminum price volatility pressures mill product conversion margins

Piotroski VR-10 (Strict) 4.5

Net Income: 218.5m TTM > 0 and > 6% of Revenue
FCF/TA: -0.02 > 0.02 and ΔFCF/TA -2.27 > 1.0
NWC/Revenue: 21.30% < 20% (prev 22.57%; Δ -1.27% < -1%)
CFO/TA -0.01 > 3% & CFO -20.6m > Net Income 218.5m
Net Debt (1.04b) to EBITDA (415.4m): 2.51 < 3
Current Ratio: 2.50 > 1.5 & < 3
Outstanding Shares: last quarter (16.9m) vs 12m ago 2.61% < -2%
Gross Margin: 32.26% > 18% (prev 10.50%; Δ 21.76% > 0.5%)
Asset Turnover: 166.2% > 50% (prev 127.7%; Δ 38.51% > 0%)
Interest Coverage Ratio: 5.19 > 6 (EBIT TTM 296.6m / Interest Expense TTM 57.1m)

Altman Z'' 3.71

A: 0.33 (Total Current Assets 1.60b - Total Current Liabilities 641.9m) / Total Assets 2.91b
B: 0.09 (Retained Earnings 275.4m / Total Assets 2.91b)
C: 0.11 (EBIT TTM 296.6m / Avg Total Assets 2.71b)
D: 0.48 (Book Value of Equity 943.8m / Total Liabilities 1.97b)
Altman-Z'' = 3.71 = AA

Beneish M -3.43

DSRI: 0.95 (Receivables 647.3m/486.9m, Revenue 4.51b/3.21b)
GMI: 0.33 (GM 10.50% / 32.26%)
AQI: 0.92 (AQ_t 0.05 / AQ_t-1 0.05)
SGI: 1.40 (Revenue 4.51b / 3.21b)
TATA: 0.08 (NI 218.5m - CFO -20.6m) / TA 2.91b)
Beneish M = -3.43 (Cap -4..+1) = AA

What is the price of KALU shares?

As of October 23, 2026, the stock is trading at USD 114.99 with a total of 1,090,608 shares traded. Over the past week, the price has changed by -22.52%, over one month by -25.26%, over three months by -29.72% and over the past year by +51.07%.

Current recommended Stop Loss: 107.70 (which is 6.3% or 1.3 ATR below the current price).

Is KALU a buy, sell or hold?

Kaiser Aluminum has received a consensus analysts rating of 3.80. Therefore, it is recommended to hold KALU.

StrongBuy: 2
Buy: 1
Hold: 1
Sell: 1
StrongSell: 0

What are the forecasts/targets for the KALU price?

Analysts Target Price	170.2	48%

Kaiser Aluminum (KALU) - Fundamental Data Overview as of 23 October 2026

Market Cap USD = 2.52b (2.52b USD * 1.0 USD.USD)
P/E Trailing = 11.4206
P/E Forward = 27.7008
P/S = 0.6086
P/B = 2.7084
P/EG = 1.168
Revenue TTM = 4.51b USD
EBIT TTM = 296.6m USD
EBITDA TTM = 415.4m USD
Long Term Debt = 1.04b USD (from longTermDebt, last quarter)
Short Term Debt = 9.20m USD (from shortTermDebt, last quarter)
Debt = 1.10b USD (from shortLongTermDebtTotal, last quarter) + Leases 30.6m
Net Debt = 1.04b USD (calculated: Debt 1.10b - CCE 58.5m)
Enterprise Value = 3.56b USD (2.52b + Debt 1.10b - CCE 58.5m)
Interest Coverage Ratio = 5.19 (Ebit TTM 296.6m / Interest Expense TTM 57.1m)
EV/FCF = -69.63x (Enterprise Value 3.56b / FCF TTM -51.1m)
FCF Yield = -1.44% (FCF TTM -51.1m / Enterprise Value 3.56b)
FCF Margin = -1.13% (FCF TTM -51.1m / Revenue TTM 4.51b)
Net Margin = 4.85% (Net Income TTM 218.5m / Revenue TTM 4.51b)
Gross Margin = 32.26% ((Revenue TTM 4.51b - Cost of Revenue TTM 3.05b) / Revenue TTM)
Gross Margin QoQ = none% (prev 13.46%)
Tobins Q-Ratio = 1.22 (Enterprise Value 3.56b / Total Assets 2.91b)
Interest Expense / Debt = 5.19% (Interest Expense 57.1m / Debt 1.10b)
Taxrate = 18.98% (55.5m / 292.4m)
NOPAT = 240.3m (EBIT 296.6m * (1 - 18.98%))
Current Ratio = 2.50 (Total Current Assets 1.60b / Total Current Liabilities 641.9m)
Debt / Equity = 1.16 (Debt 1.10b / totalStockholderEquity, last quarter 943.8m)
Debt / EBITDA = 2.51 (Net Debt 1.04b / EBITDA 415.4m)
Debt / FCF = -20.37 (negative FCF - burning cash) (Net Debt 1.04b / FCF TTM -51.1m)
Total Stockholder Equity = 863.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.06% (Net Income 218.5m / Total Assets 2.91b)
RoE = 25.31% (Net Income TTM 218.5m / Total Stockholder Equity 863.3m)
RoCE = 15.60% (EBIT 296.6m / Capital Employed (Equity 863.3m + L.T.Debt 1.04b))
RoIC = 10.83% (NOPAT 240.3m / Invested Capital 2.22b)
WACC = 9.79% (E(2.52b)/V(3.62b) * Re(12.23%) + D(1.10b)/V(3.62b) * Rd(5.19%) * (1-Tc(0.19)))
Discount Rate = 12.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 94.47 | Cagr: 1.31%
[DCF] Fair Price = unknown (Cash Flow -51.1m)
EPS Correlation: 89.00 | EPS CAGR: 81.69% | SUE: -0.16 | # QB: 0
Revenue Correlation: 84.78 | Revenue CAGR: 13.96% | SUE: 0.02 | # QB: 0
EPS current Year (2026-12-31): EPS=14.09 | Chg30d=+0.95% | Revisions=+0% | GrowthEPS=+133.7% | GrowthRev=+42.1%
EPS next Year (2027-12-31): EPS=11.63 | Chg30d=+0.36% | Revisions=+25% | GrowthEPS=-17.5% | GrowthRev=-0.3%
[Analyst] Revisions Ratio: +25% (up=1, down=0)