ARNC:NYE-Arconic Corporation (USD)

COMMON STOCK | Specialty Industrial Machinery | NYE

Last Closing Price

USD 23.05

Change

+0.22 (+0.96)%

Market Cap

USD 2.49B

Volume

2.67M

Average Target Price

USD 30.33 (+31.60%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Hungary, Russia, China, France, the United Kingdom, and internationally. It operates through three segments: Rolled Products, Extrusions, and Building and Construction Systems. The Rolled Products segment provides a range of aluminum sheet and plate products for ground transportation, aerospace, industrial, and packaging markets. 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 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. The company was formerly known as Arconic Rolled Products Corporation and changed its name to Arconic Corporation in Arpil 2020. Arconic Corporation was incorporated in 2019 and is headquartered in Pittsburgh, Pennsylvania.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-02-24 )

Largest Industry Peers for Specialty Industrial Machinery

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HON Honeywell International Inc

+5.99 (+2.92%)

USD141.86B 30.35 20.29
GE General Electric Company

+0.53 (+4.21%)

USD110.39B 21.86 9.39
MMM 3M Company

+1.46 (+0.83%)

USD102.02B 19.05 12.79
ITW Illinois Tool Works Inc

+2.06 (+1.02%)

USD63.82B 30.40 20.83
ETN Eaton Corporation plc

+1.82 (+1.39%)

USD52.16B 37.50 30.14
EMR Emerson Electric Co

+2.17 (+2.50%)

USD52.08B 25.12 16.08
ROP Roper Technologies, Inc

-9.02 (-2.33%)

USD40.70B 43.19 26.06
CMI Cummins Inc

+8.22 (+3.28%)

USD37.05B 20.89 11.71
PH Parker-Hannifin Corporation

+11.06 (+3.87%)

USD36.92B 25.96 15.92
ROK Rockwell Automation, Inc

+1.63 (+0.66%)

USD28.51B 21.95 16.96

ETFs Containing ARNC

Symbol Name Weight Mer Price(Change) Market Cap
PSCM Invesco S&P SmallCap Mate.. 0.00 % 0.29 %

+1.51 (+2.34%)

USD9.70M
DFEN Direxion Daily Aerospace .. 0.00 % 0.99 %

+1.75 (+9.57%)

USD0.30B
PQSV PGIM QMA Strategic Alpha .. 0.00 % 0.29 %

+1.39 (+2.32%)

USD0.01B

Market Performance

  Market Performance vs.
Industry/Classification (Specialty Industrial Machinery)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -22.65% 2% F 1% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -22.65% 2% F 1% F
Trailing 12 Months  
Capital Gain -27.63% 4% F 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -27.63% 4% F 5% F
Trailing 5 Years  
Capital Gain -13.38% 6% F 18% F
Dividend Return 3.34% 5% F 8% F
Total Return -10.03% 4% F 13% F
Average Annual (5 Year Horizon)  
Capital Gain -3.26% 20% F 27% F
Dividend Return 0.75% 19% F 19% F
Total Return -2.51% 20% F 22% F
Risk Return Profile  
Volatility (Standard Deviation) 30.67% 20% F 21% F
Risk Adjusted Return -8.18% 24% F 27% F
Market Capitalization 2.49B 30% F 63% D
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Specialty Industrial Machinery)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 14.57 96% A 63% D
Price/Book Ratio 1.91 89% B+ 48% F
Price / Cash Flow Ratio 5.45 91% A- 60% D-
EV/EBITDA 7.43 98% A+ 79% C+
Management Effectiveness  
Return on Equity 8.09% 39% F 59% F
Return on Invested Capital 11.31% 70% C- 79% C+
Return on Assets 2.84% 29% F 61% D-
Debt to Equity Ratio 9.21% 96% A 89% B+
Technical Ratios  
Short Ratio 3.45 36% F 27% F
Short Percent 2.83% 27% F 59% F
Beta 2.23 11% F 9% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector