NYSE:ACH
$23.87
(2/9 12:05PM)
+4.6%
| Open | $23.54 |
Mkt Cap | $12.3 Billion |
| High | $23.92 |
52Wk High | $34.27 |
| Low | $23.33 |
52Wk Low | $10.70 |
| Volume | 902,950 |
Avg Vol 10D | 1.1 Million |
Ockham's Rating/Recommendation Summary
Rating specific information requires Premium Access.
Buy Now
or
Learn More about Ockham's Features and Services.
ACH Revenue
Cash earnings is the most important factor in our analysis, but it goes without saying that if a company cannot produce sales then there is no ability to generate cash flow. By that logic we look very closely at revenue numbers as our second most important factor in valuing a company's stock. We have established reasonable Price to Sales per share ranges based on historical data of the last 10 years. For, ACH the high and low end of the Price to Sales per share ratios are 2.49x and 0.79x respectively.
Notice that ACH's current Price to Sales per share ratio is 1.79x, which is above its historical average only slightly. So, while not a major concern it is worth noting that from a value perspective ACH does not look undervalued on a Price to Sales basis. However, were the Price to Sales ratio to drop by 9% (the historical average) then we would become more positive on this stock.
ACH Cash Earnings
As the old saying goes, "Cash is King!" We look at reported Cash Earnings, but the main emphasis of our analysis involves stripping out non-cash events such as depreciation from our cash earnings analysis. This helps us view the cash flows more clearly. Nevertheless, an analysis of Cash Earnings (both reported and otherwise) is absolutely pivotal to assessing a company's value, and currently ACH is significantly above its historical average multiple of Cash Earnings. Looking at the last 10 years we can get a good understanding of what investors have grown to expect from ACH. For example, ACH's Cash Earnings ratio per share has fluctuated between 13.60 and 34.45 over this historical timeframe. This range is based upon a proprietary weighted methodology at Ockham, but can clearly show an investor where ACH is with respect to prior business periods.
So what does this tell us about ACH in particular? Basically, we would value the current level of Cash Earnings per share (which is at 113.67) as significantly overvalued. Just by looking at the last closing price of ACH, which was $23.87, we can see that compared to the historical high Price to Cash Earnings levels we calculated, the market has already rewarded ACH with a higher stock price. So basically, we don't view this level of Cash Earnings or stock price as compatible with a long term value at this point. Just remember, that does not mean that ACH may not have other merits with which to find a good investment opportunity, it just means that we would prefer to see either an increase in Cash Earnings or a decrease in stock price before we would become bullish on this metric.
ACH Dividends
While it is not necessary to pay an attractive dividend or a dividend at all, to receive a positive rating from Ockham, we view dividends as an additionally helpful measure in determining the future potential of any company.
Emerging Markets and ACH Covered on Closing Bell
For growth, there is nowhere growing more rapidly than emerging markets. Recently, Closing Bell talked about emerging markets and their impact on Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H.
Crowd sentiment is favorable on this stock, as measured by the Motley Fool CAPS survey. As of this week's report, we have an Overvalued valuation on ACH because the price has gotten too high to be justified by the fundamentals. Investors are headed for the exit following today's news as the stock is trading down $1.85. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H has actually sunk a bit in comparison to the others.
“… Market, you saw names like ALUMINUM CORP OF CHINA, nucor and freeport-mcmoran. Sharply lower because of refining margins, exxonmobil, total and petrobras down. Oil down. …”
ACH in Developing Markets on Power Lunch
News related to emerging markets affecting Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H today, and Power Lunch discussed some recent developments.
The Motley Fool CAPS data suggests that investors believe Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H will beat the market in the foreseeable future. As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, ACH has been less covered in the news compared to the rest of our universe of stocks. At Ockham, we are not advising buying Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H at the current price level because according to our methodology it is not supported by the fundamentals.
“… And ALUMINUM CORP OF CHINA all sliding on the news. Chevron says it expects profits to be sharply lower because of a drop in refining margins and you've seen some of the oil ... …”
The Outlook for Emerging Markets and Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H Discussed on The Opening Bell on Fox Business
News related to emerging markets affecting Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H today, and The Opening Bell on Fox Business discussed some recent developments.
At the current price, value investors will want to look elsewhere for a buying opportunity as this stock has heated up and is currently Overvalued. Crowd sentiment is leaning to the bearish side, according to the robust data set collected by the Motley Fool CAPS survey. We noticed recently that in comparison to all other stocks we analyze in the news; ACH has received less coverage from the financial media in business television and blogs. The latest news on ACH has created quite a stir as the stock is trading $1.96 higher in today's session.
“… And number four, the ALUMINUM CORPORATION OF CHINA, some more commodity stocks in here this the company known as chalco by the way. …”
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H (ACH) Discussed on CNBC's Fast Money
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H is in the news. Find out how this impacts ACH trading on Ockham Research.
Throughout the emerging markets this week, so I would say note to the wary that this market is not a one-way ticket up, and I would be very careful on the chinese assets. Right here i'd be most careful on CHINALCO or ach and petro note china. They are state companies. They've had a huge run and I do think china looks wounded here. >> what looks good, though, tim? With the pullback, are there opportunities? >> well, I think you are safe in the mobile phone space. I think china mobile, chl, china unicom, chu, are places and china life. The reason I like china life here is because, in fact, sadly this is a short-term view but that 30% of their revenues come from their investments in the mark the et which has gone up 80% in three months. I don't know how sustainable that is. But these are places getting pokesve exposure to the chinese
“… te companies. They've had a huge run and I do think china looks wounded here. >> what looks good, though, tim? With the pullback, are there opportunities? >> well, I think you are safe in the mobile phone space. I think china mobile, chl, china unicom, chu, are places and china life. The reason I like china life here is because, in fact, sadly this is a short-term view but that 30% of their revenues come from their investments in the mark the et which has gone up 80% in three months. I don't know how sustainable that is. But these are places getting pokesve exposure to the chinese …”
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H (ACH) Discussed on Fox Business's Fox Business
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H is in the news. Find out how this impacts ACH trading on Ockham Research.
London-b , a american, a stake in chinese's producer, CHINALCO is denying the talks and said to be talking the talks and said to be to a middle eastern and japanese, nnx, japanese, nnx, a brazilian ore
“… London-b , a american, a stake in chinese's producer, CHINALCO is denying the talks and said to be talking the talks and said to be to a middle eastern and japanese, nnx, japanese, nnx, a brazilian ore …”
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H (ACH) Discussed on Fox Business's Money For Breakfast
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H is in the news. Find out how this impacts ACH trading on Ockham Research.
London and hostile really. London based giant anglo american is reported to be in talks to sell a major stake to china CHINALCO. They are denying the talks. Anglo also said to be talking to
“… London and hostile really. London based giant anglo american is reported to be in talks to sell a major stake to china CHINALCO. They are denying the talks. Anglo also said to be talking to …”
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H (ACH) Discussed on CNBC's Closing Bell
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H is in the news. Find out how this impacts ACH trading on Ockham Research.
See the gold stocks look very choppy here for most of the week they have had troubles here. Ie rio tinto, we want to highlight the fact that they are now going to be dropping their deal with CHINALCO and the big secondary $15 billion, and what that's going to do is enable them to reduce their debt level that was a major problem for that stock was up, bhp billiken also to the up side. For the week, the dow jones
“… g to do is enable them to reduce their debt level that was a major problem for that stock was up, bhp billiken also to the up side. For the week, the dow jones …”
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H (ACH) Discussed on CNBC's Closing Bell
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H is in the news. Find out how this impacts ACH trading on Ockham Research.
Unemployment rate, a stronger dollar and flattening yield curve taking a toll as well. And rio tinto ending a deal with CHINALCO. They will instead raise $15 billion through a new stock here's a look at how we finished the day on wall street. The dow is struggling to hang on to positive territory, but looks like it will get it done, up 14
“… truggling to hang on to positive territory, but looks like it will get it done, up 14 …”
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H (ACH) Discussed on CNBC's Closing Bell
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H is in the news. Find out how this impacts ACH trading on Ockham Research.
The books to the chinese, as people say, instead of, perhaps, going with a company where you're doing a mega merger and not necessarily opening it up to >> I don't see the CHINALCO transaction as being that much different than joint ventures we've had over the years and decades, where we've had say steel mill customers both in gentleman pand china as joint ventures in our businesses.
“… r the years and decades, where we've had say steel mill customers both in gentleman pand china as joint ventures in our businesses. …”
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H (ACH) Discussed on CNBC's Closing Bell
Aluminum Corporation of China Ltd ADS Repr 25 Shs Series H is in the news. Find out how this impacts ACH trading on Ockham Research.
The week of the g-20, and one of the main topics of discussion is the idea of protectionism, people looking inward for investment and protecting their own countries. CHINALCO gets two seats on the board, correct? Is there concern that it would be better to not open up sort of the books to the chinese, as
“… o not open up sort of the books to the chinese, as …”