XASEHWMp
Market cap44bUSD
Dec 23, Last price
59.72USD
1D
-3.68%
1Q
-11.45%
Name
Howmet Aerospace Inc
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 6,640,000 17.25% | 5,663,000 13.90% | 4,972,000 -5.46% | |||||||
Cost of revenue | 5,405,000 | 4,423,000 | 3,864,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,235,000 | 1,240,000 | 1,108,000 | |||||||
NOPBT Margin | 18.60% | 21.90% | 22.28% | |||||||
Operating Taxes | 210,000 | 137,000 | 66,000 | |||||||
Tax Rate | 17.00% | 11.05% | 5.96% | |||||||
NOPAT | 1,025,000 | 1,103,000 | 1,042,000 | |||||||
Net income | 765,000 63.11% | 469,000 81.78% | 258,000 -1.15% | |||||||
Dividends | (73,000) | (44,000) | (19,000) | |||||||
Dividend yield | 0.32% | 0.27% | 0.14% | |||||||
Proceeds from repurchase of equity | (250,000) | (384,000) | (408,000) | |||||||
BB yield | 1.11% | 2.31% | 2.95% | |||||||
Debt | ||||||||||
Debt current | 238,000 | 32,000 | 5,000 | |||||||
Long-term debt | 3,726,000 | 4,277,000 | 4,341,000 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 1,010,000 | 1,010,000 | 1,231,000 | |||||||
Net debt | 3,354,000 | 3,518,000 | 3,626,000 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 901,000 | 733,000 | 449,000 | |||||||
CAPEX | (219,000) | (193,000) | (199,000) | |||||||
Cash from investing activities | (215,000) | (135,000) | 107,000 | |||||||
Cash from financing activities | (868,000) | (526,000) | (1,444,000) | |||||||
FCF | 575,000 | 1,105,000 | 1,176,000 | |||||||
Balance | ||||||||||
Cash | 610,000 | 791,000 | 720,000 | |||||||
Long term investments | ||||||||||
Excess cash | 278,000 | 507,850 | 471,400 | |||||||
Stockholders' equity | 355,000 | (346,000) | (783,000) | |||||||
Invested Capital | 8,604,000 | 9,103,000 | 9,693,000 | |||||||
ROIC | 11.58% | 11.74% | 10.00% | |||||||
ROCE | 13.90% | 14.16% | 12.44% | |||||||
EV | ||||||||||
Common stock shares outstanding | 416,000 | 421,000 | 435,000 | |||||||
Price | 54.12 37.33% | 39.41 23.81% | 31.83 11.53% | |||||||
Market cap | 22,513,920 35.69% | 16,591,610 19.83% | 13,846,050 10.51% | |||||||
EV | 25,922,920 | 20,164,610 | 17,527,050 | |||||||
EBITDA | 1,507,000 | 1,505,000 | 1,378,000 | |||||||
EV/EBITDA | 17.20 | 13.40 | 12.72 | |||||||
Interest | 218,000 | 229,000 | 259,000 | |||||||
Interest/NOPBT | 17.65% | 18.47% | 23.38% |