Ratings Companhia Brasileira de Alumínio

Equities

CBAV3

BRCBAVACNOR5

Delayed Sao Paulo Other stock markets 01:02:13 2024-07-03 pm EDT			5-day change	1st Jan Change
7.05 ^BRL	+37.70%		+3.22%	+38.24%

May. 06	Companhia Brasileira de Alumínio Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Mar. 07	Companhia Brasileira de Alumínio Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
The company appears to be poorly valued given its net asset value.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
The opinion of analysts covering the stock has improved over the past four months.

Weaknesses

The company sustains low margins.
The group shows a rather high level of debt in proportion to its EBITDA.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Aluminum

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
COMPANHIA BRASILEIRA DE ALUMÍNIO	+39.02%	788M		B-
HINDALCO INDUSTRIES LIMITED	+12.42%	18.5B		A-
ALUMINUM CORPORATION OF CHINA LIMITED	+36.67%	16.9B		B
NORSK HYDRO ASA	-1.14%	12.36B		B
ALCOA CORPORATION	+25.88%	7.33B		A-
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	+55.92%	6.86B		C+
HENAN SHENHUO COAL INDUSTRY AND ELECTRICITY POWER CO. LTD	+23.10%	6.4B		C-
EN+ GROUP INTERNATIONAL	-.--%	5.94B	-	B
NATIONAL ALUMINIUM COMPANY LIMITED	+46.83%	4.24B		B-
ALUMINA LIMITED	+90.61%	3.23B	-	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes