Century Aluminum Company
Rank #450HypergrowthCENX · Nasdaq · Basic Materials
Century Aluminum Company (CENX) — Rank #450 by gross profitability (GP/assets 0.09) · ROE 3.0% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0000949157 · all metrics point-in-time as of the filing date.
About
Century Aluminum Company, together with its subsidiaries, produces primary aluminum and alumina in the United States and Iceland.
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The company engages in the production of standard-grade and value-added primary aluminum products. It also owns and operates a carbon anode production facility in Vlissingen, the Netherlands; and operates aluminum reduction facilities or smelters; and bauxite mining and alumina refining in Jamaica.
The company was founded in 1995 and is headquartered in Chicago, Illinois.
- Industry
- Aluminum
- Sector
- Basic Materials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- centuryaluminum.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$3.99B
P/E (annual)
96.0
P/S (annual)
1.6
P/B
2.8
P/OCF (annual)
21.6
Shareholder Yield
-8.3%
Employees
2,906
Industry
Aluminum
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
18.9%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 8.3% — per-share value needs a total required return of 27.2% once share-count change is priced in.
vs. own 6-year median revenue growth: 19.1%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
13.9%
r = 10% (base)
18.9%
r = 12%
23.1%
Net debt / market cap: -8.9%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Disclosure regression check
A previously-disclosed line item is no longer reported. Worth checking the filing for why.
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.09
Primary signal (Novy-Marx).
6th of 6 SIC 33 peers
Return on equity
3.0%
Gross margin
10.1%
6th of 6 SIC 33 peers
Revenue growth (YoY)
59.1%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2018 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
-3.1%
Revenue CAGR (5Y)
9.5%
Earnings CAGR (3Y)
—
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.87
3rd of 6 SIC 33 peers (best = lowest)
Current ratio
2.75×
2nd of 6 SIC 33 peers
Quick ratio
0.94×
Net cash
$343.40M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$84.80M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
1.03
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.9%
Stock-based comp intensity.
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.