Century Aluminum Company Common Stock (CENX)

FairStock Score: 19/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Century Aluminum is a primary aluminum and alumina producer, a commodity business where cost position and smelter location matter more than brand. It has no wide moat; prices are set globally, though U.S. and Iceland smelters plus alumina and anode assets provide some integration. The record is volatile. In fiscal 2023 (the year ended 2023-12-31), net income was a loss of $43.1M. In fiscal 2024 (the year ended 2024-12-31), net income was $336.8M. In fiscal 2025 (the year ended 2025-12-31), it fell to $41.8M. Then in fiscal Q1 2026 (the quarter ended 2026-03-31), net income was $337.5M on revenue of $649.2M, and in fiscal Q2 2026 (the quarter ended 2026-06-30), net income was $249.3M on revenue of $752.1M. That sharp rebound is why the computed Lynch category is TURNAROUND — returned to profit after a loss within the last three years. Financial health is mixed: D/E is 0.31, free cash flow is $151.2M, and FCF yield is 4.5%, but Altman Z-Score is 1.88 and Piotroski is 6/9. At the 2026-10-13 close of $34.16, FairStock calculations show P/E 5.90, P/B 2.41, EV/EBITDA 5.02, Graham Number $42.97, margin of safety 20.50%, and FairStock Score 19/100. ROE is 51.75%, but commodity-cycle profits can vanish. The stock is far below its 52-week high of $70.43 and has beta 1.99. I would want to see sustainable free cash flow and normalized earnings before treating this as durable value rather than a cyclical spike.

In plain English: Century Aluminum makes primary aluminum and alumina, mostly in the United States and Iceland. The business has swung from losses to profits, and the latest quarter was very profitable. Compared with the profit it reports, the shares look inexpensive, but aluminum is a boom-and-bust business and the company's safety measures are not strong.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer