Added to YB: 2025-08-11
Pitch date: 2025-08-08
CENX [bullish]
Century Aluminum Company
+157.36%
current return
Author Info
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Company Info
Century Aluminum Company, together with its subsidiaries, produces primary aluminum and alumina in the United States and Iceland.
Market Cap
$5.4B
Pitch Price
$22.84
Price Target
30.00
Dividend
N/A
EV/EBITDA
19.64
P/E
15.20
EV/Sales
2.31
Sector
Metals and Mining
Category
value
CENX: Premium Metal at a Discount
CENX: 25% tariff + Section 45X credit = $110M+ annual recurring cash flow. Iceland's hybrid power deal cuts costs 15%, Natur-Al billet earns $30-60/t green premium w/ doubled cast-house capacity. Net debt $448M, 1.7x EBITDA, no maturity until 2027. Trading 9x EBITDA, below $2.1B replacement cost. DCF $30 PT. Risks: tariff rollback, LME drop to $2k/t, power spike
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