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Alumina Limited (AWC) Report Analysis

Corporate Events

Neutral

Alumina Limited - Shareholder/Analyst Call

2022-04-22 01:20:00

Annual General Meeting

Negative

Alumina Limited Declares Fully Franked Final Dividend

2022-03-30 03:29:00

Alumina Limited declared a fully franked final dividend of 2.8 US cents per share, bringing the full year dividend to 6.2 US cents per share, ...

Neutral

Alumina Limited, Annual General Meeting, May 25, 2022

2022-03-09 05:07:00

Alumina Limited, Annual General Meeting, May 25, 2022, at 14:30 AUS Eastern Standard Time. Location: Pavilion, Arts Centre, 100 St Kilda Road ...

Negative

Alumina Limited Announces Resignation of Grant ...

2021-10-31 22:07:00

Alumina Limited announced that Mr. Grant Dempsey has resigned as the company's Chief Financial Officer. Mr. Dempsey will continue as Chief Fin...

Positive

Alumina Limited, 0.046483 (AUD), Cash Dividend,...

2021-08-24 00:00:00

Alumina Limited, 0.046483 (AUD), Cash Dividend, Aug-27-2021

Positive

Alumina Limited Announces Ordinary Franked Divi...

2021-08-23 22:24:00

Alumina Limited announced ordinary franked dividend of USD 0.03400000 per share for the six months ended June 30, 2021, payable on September 1...

Neutral

Alumina Limited, H1 2021 Earnings Call, Aug 24, 2021

2021-08-06 00:00:00

Alumina Limited, H1 2021 Earnings Call, Aug 24, 2021

Neutral

Alumina Limited - Shareholder/Analyst Call

2022-04-22 01:20:00

Annual General Meeting

Negative

Alumina Limited Declares Fully Franked Final Dividend

2022-03-30 03:29:00

Alumina Limited declared a fully franked final dividend of 2.8 US cents per share, bringing the full year dividend to 6.2 US cents per share, representing an average dividend yield of 7.3% over the last five years, fully franked.

Neutral

Alumina Limited, Annual General Meeting, May 25, 2022

2022-03-09 05:07:00

Alumina Limited, Annual General Meeting, May 25, 2022, at 14:30 AUS Eastern Standard Time. Location: Pavilion, Arts Centre, 100 St Kilda Road Melbourne Victoria Australia Agenda: To consider Financial and other reports; to consider Adoption of Remuneration Report ; to consider Election of Director -- Mr Chen Zeng; and to consider other matters.

Negative

Alumina Limited Announces Resignation of Grant Dempsey as Chief Financial Officer, Effective on January 31, 2022

2021-10-31 22:07:00

Alumina Limited announced that Mr. Grant Dempsey has resigned as the company's Chief Financial Officer. Mr. Dempsey will continue as Chief Financial Officer until 31 January 2022.

Positive

Alumina Limited, 0.046483 (AUD), Cash Dividend, Aug-27-2021

2021-08-24 00:00:00

Alumina Limited, 0.046483 (AUD), Cash Dividend, Aug-27-2021

Positive

Alumina Limited Announces Ordinary Franked Dividend for the Six Months Ended June 30, 2021, Payable on September 15, 2021

2021-08-23 22:24:00

Alumina Limited announced ordinary franked dividend of USD 0.03400000 per share for the six months ended June 30, 2021, payable on September 15, 2021. Ex-date is August 27, 2021 and record date is August 30, 2021.

Neutral

Alumina Limited, H1 2021 Earnings Call, Aug 24, 2021

2021-08-06 00:00:00

Alumina Limited, H1 2021 Earnings Call, Aug 24, 2021

Fundamental Summary

Alumina's recently released results from Q4 indicate that Alumina is performing reasonably well and on par with its peers. This typically translates into the stock performing on par with market performance for the upcoming quarter. Therefore, Alumina received an overall score of 70, translating into a HOLD ranking.

Alumina announced earnings results for the half year ended June 30, 2021. For the half year, the company announced net income was USD 73.6 million compared to USD 90.5 million a year ago. Basic earnings per share from continuing operations was USD 0.025 compared to USD 0.031 a year ago.

Business Description

Alumina, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, Guinea, Brazil, Spain, and Saudi Arabia; and holds a 55% interest in the Portland aluminum smelter in Victoria, Australia. It is also involved in shipping operations. The company was formerly known as WMC Limited and changed its name to Alumina in December 2002. Alumina was incorporated in 1970 and is headquartered in Southbank, Australia.

Sector Overview

Alumina is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. Alumina's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 1,754.7 -0.6% 69
Liabilities 69.1 186.7% 51
Price to Book 2.2 8.6% 84
Cash & Equivalents 9.1 -36.4% 46
Equity 1,685.6 -3.2% 50
EBITDA -14.9 0.0% 73
Total Revenues 0.0 0.0% 87
Parameter Value Change Score
Return on Equity 11.0 41.2% 76
Net Cashflow -1.3 92.9% 68
Capital Expenditure -0.1 0.0% 76
Asset Turnover 0.0 0.0% 70
Free Cashflow 0.1 2.0% 74

* All values are TTM

The below chart reflects Alumina's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Alumina's peer average final assessment score stands on 70.0, Alumina's score is 70.

  •  AWC
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
BHP Group Limited 208.5B 58 71 75
Hold
69
69 0 1
Fortescue Metals Group Limited 55.0B 65 67 75
Hold
68
68 1 1
Newcrest Mining Limited 19.4B 52 66 57
Underperform
56
56 2 1
South32 Limited 18.7B 84 72 78
Buy
82
82 3 1
Mineral Resources Limited 9.2B 55 63 61
Underperform
56
56 4 1
Lynas Rare Earths Limited 8.3B 70 69 70
Hold
71
71 5 1
Northern Star Resources Limited 8.2B 56 56 73
Underperform
55
55 6 1
IGO Limited 7.8B 50 78 72
Hold
71
71 7 1
BlueScope Steel Limited 7.3B 85 72 52
Hold
72
72 8 1
Pilbara Minerals Limited 6.9B 86 69 86
Buy
83
83 9 1
Allkem Limited 6.9B 57 61 82
Hold
65
65 10 1
OZ Minerals Limited 6.2B 74 66 78
Hold
74
74 11 1
Evolution Mining Limited 4.8B 82 64 50
Hold
64
64 12 1
OZ Minerals Holdings Pty Ltd 4.0B 84 61 50
Hold
73
73 13 1
Iluka Resources Limited 3.9B 77 60 74
Hold
68
68 14 1
Andean Resources Ltd. 3.7B 86 97 41
Buy
84
84 15 1
Coronado Global Resources Inc. 2.9B 83 74 81
Strong Buy
87
87 16 1
Nickel Industries Limited 2.8B 54 60 70
Underperform
56
56 17 1
AVZ Minerals Limited 2.8B 95 68 58
Hold
75
75 18 1
Sims Limited 2.7B 68 69 82
Hold
74
74 19 1
Zimplats Holdings Limited 2.6B 77 68 64
Hold
71
71 20 1
Liontown Resources Limited 2.4B 81 84 62
Buy
84
84 21 1
Perseus Mining Limited 2.3B 81 65 83
Hold
77
77 22 1
Deterra Royalties Limited 2.3B 77 61 75
Hold
69
69 23 1
Sandfire Resources Limited 1.9B 82 69 76
Buy
79
79 24 1
Core Lithium Ltd 1.8B 83 70 69
Hold
76
76 25 1
Chalice Mining Limited 1.5B 54 81 55
Hold
67
67 26 1
Grange Resources Limited 1.5B 65 64 73
Hold
66
66 27 1
Capricorn Metals Ltd 1.3B 86 69 82
Buy
82
82 28 1
West African Resources Limited 1.3B 87 59 66
Hold
68
68 29 1
Silver Lake Resources Limited 1.2B 66 63 58
Hold
62
62 30 1
De Grey Mining Limited 1.2B 66 47 73
Underperform
53
53 31 1
Gold Road Resources Limited 1.2B 64 67 56
Hold
63
63 32 1
Lake Resources NL 1.2B 66 73 68
Hold
71
71 33 1
Sayona Mining Limited 1.2B 66 73 68
Hold
71
71 34 1
Regis Resources Limited 1.1B 53 53 69
Underperform
50
50 35 1
Piedmont Lithium Inc. 1.1B 88 77 60
Buy
84
84 36 1
5E Advanced Materials Inc. 927.2M 47 58 61
Underperform
51
51 37 1
ioneer Ltd 867.9M 85 69 51
Hold
70
70 38 1
Syrah Resources Limited 856.9M 49 50 69
Underperform
46
46 39 1
Equigold NL 854.0M 50 65 87
Hold
67
67 40 1
Ramelius Resources Limited 828.4M 56 68 62
Hold
60
60 41 1
Vulcan Energy Resources Limited 826.7M 67 78 71
Hold
77
77 42 1
Jervois Global Limited 813.1M 78 71 54
Hold
72
72 43 1
Mincor Resources NL 808.9M 62 77 57
Hold
67
67 44 1
Imdex Limited 796.9M 71 56 74
Hold
70
70 45 1
Bellevue Gold Limited 722.0M 84 69 54
Hold
70
70 46 1
St Barbara Limited 701.5M 53 70 56
Underperform
59
59 47 1
Emerald Resources NL 679.4M 60 68 84
Hold
70
70 48 1
Red 5 Limited 671.6M 47 75 59
Hold
61
61 49 1
Boart Longyear Group Ltd. 651.0M 60 74 68
Hold
69
69 50 1
Mount Gibson Iron Limited 629.5M 48 78 64
Hold
66
66 51 1
Westgold Resources Limited 575.3M 54 65 63
Underperform
58
58 52 1
OM Holdings Limited 563.6M 84 75 82
Buy
85
85 53 1
Australian Strategic Materials Ltd 540.9M 51 74 72
Hold
67
67 54 1
Neometals Ltd 531.9M 60 72 60
Hold
65
65 55 1
Adriatic Metals PLC 528.8M 66 73 68
Hold
71
71 56 1
Argosy Minerals Limited 467.8M 66 73 68
Hold
71
71 57 1
Perenti Global Limited 461.4M 60 78 67
Hold
72
72 58 1
Champion Iron Limited 441.1M 58 71 55
Hold
64
64 59 1
Panoramic Resources Limited 420.4M 58 71 67
Hold
66
66 60 1
Hastings Technology Metals Limited 404.8M 65 68 67
Hold
68
68 61 1
Alkane Resources Limited 402.0M 78 70 68
Hold
73
73 62 1
Centaurus Metals Limited 397.2M 66 73 68
Hold
71
71 63 1
Bowen Coking Coal Limited 385.5M 66 73 68
Hold
71
71 64 1
Jupiter Mines Limited 372.2M 66 81 50
Hold
64
64 65 1
Galan Lithium Limited 362.2M 66 73 68
Hold
71
71 66 1
Talga Group Ltd 359.9M 53 60 62
Underperform
53
53 67 1
BCI Minerals Limited 349.8M 71 68 60
Hold
66
66 68 1
Metals X Limited 344.8M 68 87 68
Buy
82
82 69 1
Pantoro Limited 330.8M 66 73 68
Hold
71
71 70 1
Aurelia Metals Limited 327.8M 65 58 60
Underperform
56
56 71 1
Macmahon Holdings Limited 283.7M 68 65 62
Hold
66
66 72 1
Lotus Resources Limited 277.3M 66 73 68
Hold
71
71 73 1
Firefinch Limited 236.2M 66 73 68
Hold
71
71 74 1
Andromeda Metals Limited 229.8M 66 73 68
Hold
71
71 75 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Alumina's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Alumina's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.

Bearish 47
Close Price 1.54
52W Low 1.48
52W High 2.3
5D MA 1.51
50D MA 1.68
200D MA 1.91
MACD -0.05
RSI 0.4
STOCH 35.0

Balance Sheet Analysis

A few metrics from Alumina's current balance sheet were especially concerning: Cash & Equivalents and Equity. Alumina reported concerning cash and cash equivalents metrics in this filing. Specifically, they reported that cash and cash equivalents were 9.1, representing a -36.4% change from the last period. The company's cash and cash equivalents metrics highlight a difficult overall financial situation, which may, unfortunately, continue moving forward unless management makes significant changes. Its cash and cash equivalents movement, therefore, received a grade of 46. Also, Alumina management produced disappointing equity metrics this period, which stood at 1685.6, representing a -3.2% change. This parameter often affects companies in the same industry and market capitalization by up to 5.9%. These metrics are all the more disappointing relative to their peers and should blunt potential positive momentum in its's stock price. Consequently, their equity movement received a grade of 50. That said, one metric, Book Value Factors, stood out as strongly positive. Alumina publishes solid book value factor metrics in this report. Price to book ratio (P/B) now sits at 2.2 and represents a 8.6% change from the previous report. Their industry-leading book value factors momentum reinforces an expectation for future positive momentum for their stock price going forward. Consequently, their book value factors movement received a grade of 84. Therefore, the company's balance sheet earned a grade of 50.

Parameter Value Change Score
Assets 1,754.7 -0.6% 69
Liabilities 69.1 186.7% 51
Price to Book 2.2 8.6% 84
Cash & Equivalents 9.1 -36.4% 46
Equity 1,685.6 -3.2% 50
* All values are TTM

The below chart describes Alumina's performance as reflected on its balance sheet with respect to its peers. While Alumina received a balance sheet score of 50, the average of its peers stands on 69.0.

  •  AWC
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
BHP Group Limited 208.5B 74 92 47 52 76 58 0 1
Fortescue Metals Group Limited 55.0B 83 66 68 55 69 65 1 1
Newcrest Mining Limited 19.4B 85 72 46 46 73 52 2 1
South32 Limited 18.7B 74 73 80 79 74 84 3 1
Mineral Resources Limited 9.2B 83 73 52 42 90 55 4 1
Lynas Rare Earths Limited 8.3B 74 59 77 62 68 70 5 1
Northern Star Resources Limited 8.2B 87 70 56 48 65 56 6 1
IGO Limited 7.8B 43 37 80 42 63 50 7 1
BlueScope Steel Limited 7.3B 64 75 87 90 68 85 8 1
Pilbara Minerals Limited 6.9B 87 59 81 87 56 86 9 1
Allkem Limited 6.9B 53 64 44 65 89 57 10 1
OZ Minerals Limited 6.2B 87 72 72 69 72 74 11 1
Evolution Mining Limited 4.8B 47 57 76 96 54 82 12 1
OZ Minerals Holdings Pty Ltd 4.0B 81 62 51 97 87 84 13 1
Iluka Resources Limited 3.9B 76 66 87 69 53 77 14 1
Andean Resources Ltd. 3.7B 70 37 60 97 92 86 15 1
Coronado Global Resources Inc. 2.9B 44 56 87 85 71 83 16 1
Nickel Industries Limited 2.8B 41 44 72 50 70 54 17 1
AVZ Minerals Limited 2.8B 99 56 82 98 66 95 18 1
Sims Limited 2.7B 85 72 83 49 57 68 19 1
Zimplats Holdings Limited 2.6B 80 69 68 76 73 77 20 1
Liontown Resources Limited 2.4B 43 55 82 97 37 81 21 1
Perseus Mining Limited 2.3B 81 70 73 82 66 81 22 1
Deterra Royalties Limited 2.3B 99 79 61 75 68 77 23 1
Sandfire Resources Limited 1.9B 41 64 87 87 73 82 24 1
Core Lithium Ltd 1.8B 37 55 82 94 66 83 25 1
Chalice Mining Limited 1.5B 98 78 39 46 89 54 26 1
Grange Resources Limited 1.5B 54 70 51 71 92 65 27 1
Capricorn Metals Ltd 1.3B 69 59 81 91 65 86 28 1
West African Resources Limited 1.3B 92 56 81 92 42 87 29 1
Silver Lake Resources Limited 1.2B 69 62 62 71 57 66 30 1
De Grey Mining Limited 1.2B 44 49 79 69 48 66 31 1
Gold Road Resources Limited 1.2B 83 72 56 65 60 64 32 1
Lake Resources NL 1.2B 78 74 55 64 78 66 33 1
Sayona Mining Limited 1.2B 78 74 55 64 78 66 34 1
Regis Resources Limited 1.1B 77 74 51 48 63 53 35 1
Piedmont Lithium Inc. 1.1B 97 54 82 97 39 88 36 1
5E Advanced Materials Inc. 927.2M 44 83 54 45 37 47 37 1
ioneer Ltd 867.9M 98 56 80 86 52 85 38 1
Syrah Resources Limited 856.9M 63 75 38 46 94 49 39 1
Equigold NL 854.0M 57 46 86 50 45 50 40 1
Ramelius Resources Limited 828.4M 67 41 78 48 49 56 41 1
Vulcan Energy Resources Limited 826.7M 39 53 80 74 41 67 42 1
Jervois Global Limited 813.1M 71 71 44 94 95 78 43 1
Mincor Resources NL 808.9M 83 78 43 62 56 62 44 1
Imdex Limited 796.9M 59 69 83 61 75 71 45 1
Bellevue Gold Limited 722.0M 96 56 81 87 42 84 46 1
St Barbara Limited 701.5M 80 69 51 49 61 53 47 1
Emerald Resources NL 679.4M 51 58 80 51 57 60 48 1
Red 5 Limited 671.6M 49 45 39 55 96 47 49 1
Boart Longyear Group Ltd. 651.0M 85 79 39 60 87 60 50 1
Mount Gibson Iron Limited 629.5M 94 76 39 41 74 48 51 1
Westgold Resources Limited 575.3M 77 65 55 47 73 54 52 1
OM Holdings Limited 563.6M 84 69 84 81 50 84 53 1
Australian Strategic Materials Ltd 540.9M 44 69 55 46 84 51 54 1
Neometals Ltd 531.9M 97 77 46 50 97 60 55 1
Adriatic Metals PLC 528.8M 78 74 55 64 78 66 56 1
Argosy Minerals Limited 467.8M 78 74 55 64 78 66 57 1
Perenti Global Limited 461.4M 68 71 51 61 74 60 58 1
Champion Iron Limited 441.1M 66 49 73 47 67 58 59 1
Panoramic Resources Limited 420.4M 78 75 43 58 85 58 60 1
Hastings Technology Metals Limited 404.8M 75 72 56 67 67 65 61 1
Alkane Resources Limited 402.0M 45 56 83 88 40 78 62 1
Centaurus Metals Limited 397.2M 78 74 55 64 78 66 63 1
Bowen Coking Coal Limited 385.5M 78 74 55 64 78 66 64 1
Jupiter Mines Limited 372.2M 63 93 46 52 80 66 65 1
Galan Lithium Limited 362.2M 78 74 55 64 78 66 66 1
Talga Group Ltd 359.9M 90 78 38 45 95 53 67 1
BCI Minerals Limited 349.8M 86 73 58 67 82 71 68 1
Metals X Limited 344.8M 90 77 50 67 80 68 69 1
Pantoro Limited 330.8M 78 74 55 64 78 66 70 1
Aurelia Metals Limited 327.8M 85 69 59 60 72 65 71 1
Macmahon Holdings Limited 283.7M 47 61 72 78 44 68 72 1
Lotus Resources Limited 277.3M 78 74 55 64 78 66 73 1
Firefinch Limited 236.2M 78 74 55 64 78 66 74 1
Andromeda Metals Limited 229.8M 78 74 55 64 78 66 75 1

Income Statement Analysis

Two metrics jump up as the most significant positive drivers of the income statement's strength in Alumina's recent report: Revenue Efficiency and Return Factors. Alumina reported highly encouraging numbers for its revenue efficiency. This parameter often affects companies in the same industry and market capitalization by up to 24.0%. Their impressive revenue efficiency is even more impressive relative to its peers and competitors in the current market. As a result, its revenue efficiency earned a score of 87. Also, Alumina's reported return on equity (ROE) ratio was 11.0, representing a change of 41.2%. These numbers show that management has successfully encouraged growth while managing ROE and ROA metrics, especially relative to their peers. Therefore, its return factors component earned a score of 76. That said, one metric, EBITDA, stood out as strongly negative. Alumina's management didn't make significant improvements to their EBITDA this period. In terms of the raw numbers, EBITDA was reported as -14.9, which represents a 0.0% change from the last period. This metric might have a 20.0 percent impact on companies in the same industry and with the same market capitalization. Alumina appears to be headed in the wrong direction in terms of EBITDA momentum, likely due to insufficient capital controls and a weaker than expected overall financial performance. Therefore, their EBITDA component earned a score of 73. Consequently, their income statement earned a rank of 79.

Parameter Value Change Score
EBITDA -14.9 0.0% 73
Total Revenues 0.0 0.0% 87
Return on Equity 11.0 41.2% 76
* All values are TTM

The below chart describes Alumina's performance as reflected on its income statement with respect to its peers. While Alumina received a income statement score of 79 , the average of its peers stands on 69.0.

  •  AWC
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
BHP Group Limited 208.5B 64 79 79 71 0 1
Fortescue Metals Group Limited 55.0B 58 78 75 67 1 1
Newcrest Mining Limited 19.4B 95 45 48 66 2 1
South32 Limited 18.7B 47 94 95 72 3 1
Mineral Resources Limited 9.2B 94 42 44 63 4 1
Lynas Rare Earths Limited 8.3B 50 91 83 69 5 1
Northern Star Resources Limited 8.2B 48 66 68 56 6 1
IGO Limited 7.8B 98 72 48 78 7 1
BlueScope Steel Limited 7.3B 86 71 66 72 8 1
Pilbara Minerals Limited 6.9B 38 96 96 69 9 1
Allkem Limited 6.9B 46 75 74 61 10 1
OZ Minerals Limited 6.2B 48 82 82 66 11 1
Evolution Mining Limited 4.8B 94 46 43 64 12 1
OZ Minerals Holdings Pty Ltd 4.0B 39 88 45 61 13 1
Iluka Resources Limited 3.9B 50 62 89 60 14 1
Andean Resources Ltd. 3.7B 37 89 91 97 15 1
Coronado Global Resources Inc. 2.9B 39 98 97 74 16 1
Nickel Industries Limited 2.8B 66 61 55 60 17 1
AVZ Minerals Limited 2.8B 87 63 41 68 18 1
Sims Limited 2.7B 45 90 92 69 19 1
Zimplats Holdings Limited 2.6B 94 50 52 68 20 1
Liontown Resources Limited 2.4B 87 78 91 84 21 1
Perseus Mining Limited 2.3B 42 88 83 65 22 1
Deterra Royalties Limited 2.3B 45 83 66 61 23 1
Sandfire Resources Limited 1.9B 64 73 74 69 24 1
Core Lithium Ltd 1.8B 87 47 81 70 25 1
Chalice Mining Limited 1.5B 99 65 76 81 26 1
Grange Resources Limited 1.5B 74 61 61 64 27 1
Capricorn Metals Ltd 1.3B 37 98 97 69 28 1
West African Resources Limited 1.3B 43 84 63 59 29 1
Silver Lake Resources Limited 1.2B 95 42 41 63 30 1
De Grey Mining Limited 1.2B 44 45 76 47 31 1
Gold Road Resources Limited 1.2B 94 48 49 67 32 1
Lake Resources NL 1.2B 87 62 66 73 33 1
Sayona Mining Limited 1.2B 87 62 66 73 34 1
Regis Resources Limited 1.1B 65 50 45 53 35 1
Piedmont Lithium Inc. 1.1B 87 63 68 77 36 1
5E Advanced Materials Inc. 927.2M 74 37 56 58 37 1
ioneer Ltd 867.9M 87 55 60 69 38 1
Syrah Resources Limited 856.9M 38 67 62 50 39 1
Equigold NL 854.0M 79 44 91 65 40 1
Ramelius Resources Limited 828.4M 94 51 48 68 41 1
Vulcan Energy Resources Limited 826.7M 87 67 84 78 42 1
Jervois Global Limited 813.1M 37 94 93 71 43 1
Mincor Resources NL 808.9M 98 57 59 77 44 1
Imdex Limited 796.9M 77 60 56 56 45 1
Bellevue Gold Limited 722.0M 87 44 83 69 46 1
St Barbara Limited 701.5M 93 56 53 70 47 1
Emerald Resources NL 679.4M 37 96 94 68 48 1
Red 5 Limited 671.6M 95 58 66 75 49 1
Boart Longyear Group Ltd. 651.0M 93 58 67 74 50 1
Mount Gibson Iron Limited 629.5M 99 62 66 78 51 1
Westgold Resources Limited 575.3M 84 58 43 65 52 1
OM Holdings Limited 563.6M 50 96 97 75 53 1
Australian Strategic Materials Ltd 540.9M 91 62 66 74 54 1
Neometals Ltd 531.9M 87 66 56 72 55 1
Adriatic Metals PLC 528.8M 87 62 66 73 56 1
Argosy Minerals Limited 467.8M 87 62 66 73 57 1
Perenti Global Limited 461.4M 73 81 87 78 58 1
Champion Iron Limited 441.1M 95 50 45 71 59 1
Panoramic Resources Limited 420.4M 95 50 62 71 60 1
Hastings Technology Metals Limited 404.8M 90 51 53 68 61 1
Alkane Resources Limited 402.0M 68 74 74 70 62 1
Centaurus Metals Limited 397.2M 87 62 66 73 63 1
Bowen Coking Coal Limited 385.5M 87 62 66 73 64 1
Jupiter Mines Limited 372.2M 96 46 50 81 65 1
Galan Lithium Limited 362.2M 87 62 66 73 66 1
Talga Group Ltd 359.9M 87 40 47 60 67 1
BCI Minerals Limited 349.8M 94 47 56 68 68 1
Metals X Limited 344.8M 94 84 79 87 69 1
Pantoro Limited 330.8M 87 62 66 73 70 1
Aurelia Metals Limited 327.8M 68 58 49 58 71 1
Macmahon Holdings Limited 283.7M 88 51 48 65 72 1
Lotus Resources Limited 277.3M 87 62 66 73 73 1
Firefinch Limited 236.2M 87 62 66 73 74 1
Andromeda Metals Limited 229.8M 87 62 66 73 75 1

Cash Flow Analysis

Two metrics jump up as the most significant positive drivers of the cash flow's strength in Alumina's recent report: Capex and Free Cash flow. Alumina's published capital expenditures (CapEx) numbers were encouraging and reflected management's balanced change strategy. Alumina recorded CapEx of -0.1, which represents 0.0% change from the previous report. This remarkable CapEx growth is expected to reinforce upward momentum for its's stock price going forward. Therefore, its CapEx movement component earned a score of 76. Also, Alumina did a great job related to free cash flow this period, which stood at 0.1, representing a 2.0% change from the previous filing. This parameter coud affect companies in the same industry and market capitalization by up to 4.3%. These free cash flow numbers show that management has executed well while generating cash flow and encouraging growth. The company's free cash flow movement, therefore, received a grade of 74. That said, one metric, Net Cash Flow, stood out as particularly concerning. Alumina's management was not successful in meaningfully improving their cash flow metrics. As of the current filing, they were reported as -1.3 and represented a 92.9% change from the previous period. As demonstrated by these concerning net cash flow metrics, their priorities seem to be headed in the wrong direction. Hence, their net cash flow earned a score of 68. Because its management is doing an excellent job managing these critical metrics, the cash flow was given a score of 72.

Parameter Value Change Score
Net Cashflow -1.3 92.9% 68
Capital Expenditure -0.1 0.0% 76
Asset Turnover 0.0 0.0% 70
Free Cashflow 0.1 2.0% 74
* All values are TTM

The below chart describes Alumina's performance as reflected on its cash flow with respect to its peers. While Alumina received a cash flow score of 72, the average of its peers stands on 68.0.

  •  AWC
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
BHP Group Limited 208.5B 70 77 80 71 75 0 1
Fortescue Metals Group Limited 55.0B 74 78 69 74 75 1 1
Newcrest Mining Limited 19.4B 58 48 63 55 57 2 1
South32 Limited 18.7B 72 86 82 75 78 3 1
Mineral Resources Limited 9.2B 58 69 54 63 61 4 1
Lynas Rare Earths Limited 8.3B 78 63 76 58 70 5 1
Northern Star Resources Limited 8.2B 70 58 54 91 73 6 1
IGO Limited 7.8B 80 73 66 57 72 7 1
BlueScope Steel Limited 7.3B 48 47 56 70 52 8 1
Pilbara Minerals Limited 6.9B 87 97 76 78 86 9 1
Allkem Limited 6.9B 75 77 70 84 82 10 1
OZ Minerals Limited 6.2B 69 97 66 73 78 11 1
Evolution Mining Limited 4.8B 54 49 61 39 50 12 1
OZ Minerals Holdings Pty Ltd 4.0B 49 86 84 39 50 13 1
Iluka Resources Limited 3.9B 75 84 52 74 74 14 1
Andean Resources Ltd. 3.7B 40 55 56 37 41 15 1
Coronado Global Resources Inc. 2.9B 77 86 53 93 81 16 1
Nickel Industries Limited 2.8B 75 63 76 61 70 17 1
AVZ Minerals Limited 2.8B 60 69 76 37 58 18 1
Sims Limited 2.7B 83 98 56 82 82 19 1
Zimplats Holdings Limited 2.6B 75 77 63 44 64 20 1
Liontown Resources Limited 2.4B 59 69 76 51 62 21 1
Perseus Mining Limited 2.3B 69 94 90 83 83 22 1
Deterra Royalties Limited 2.3B 77 88 96 51 75 23 1
Sandfire Resources Limited 1.9B 73 85 63 71 76 24 1
Core Lithium Ltd 1.8B 61 69 76 72 69 25 1
Chalice Mining Limited 1.5B 53 62 84 38 55 26 1
Grange Resources Limited 1.5B 75 79 76 62 73 27 1
Capricorn Metals Ltd 1.3B 81 83 81 79 82 28 1
West African Resources Limited 1.3B 73 84 42 58 66 29 1
Silver Lake Resources Limited 1.2B 63 53 64 47 58 30 1
De Grey Mining Limited 1.2B 80 69 76 61 73 31 1
Gold Road Resources Limited 1.2B 57 57 54 50 56 32 1
Lake Resources NL 1.2B 68 69 76 60 68 33 1
Sayona Mining Limited 1.2B 68 69 76 60 68 34 1
Regis Resources Limited 1.1B 65 76 68 69 69 35 1
Piedmont Lithium Inc. 1.1B 59 62 69 54 60 36 1
5E Advanced Materials Inc. 927.2M 55 48 71 71 61 37 1
ioneer Ltd 867.9M 47 57 54 51 51 38 1
Syrah Resources Limited 856.9M 59 58 43 98 69 39 1
Equigold NL 854.0M 91 69 72 84 87 40 1
Ramelius Resources Limited 828.4M 59 56 81 58 62 41 1
Vulcan Energy Resources Limited 826.7M 67 69 76 69 71 42 1
Jervois Global Limited 813.1M 43 51 38 82 54 43 1
Mincor Resources NL 808.9M 63 63 72 45 57 44 1
Imdex Limited 796.9M 71 72 79 73 74 45 1
Bellevue Gold Limited 722.0M 51 64 56 51 54 46 1
St Barbara Limited 701.5M 54 46 71 55 56 47 1
Emerald Resources NL 679.4M 84 81 80 81 84 48 1
Red 5 Limited 671.6M 68 49 48 59 59 49 1
Boart Longyear Group Ltd. 651.0M 62 74 81 63 68 50 1
Mount Gibson Iron Limited 629.5M 68 69 59 56 64 51 1
Westgold Resources Limited 575.3M 59 69 71 59 63 52 1
OM Holdings Limited 563.6M 75 90 90 75 82 53 1
Australian Strategic Materials Ltd 540.9M 72 69 76 69 72 54 1
Neometals Ltd 531.9M 62 54 71 52 60 55 1
Adriatic Metals PLC 528.8M 68 69 76 60 68 56 1
Argosy Minerals Limited 467.8M 68 69 76 60 68 57 1
Perenti Global Limited 461.4M 61 69 54 78 67 58 1
Champion Iron Limited 441.1M 56 69 51 49 55 59 1
Panoramic Resources Limited 420.4M 69 69 79 54 67 60 1
Hastings Technology Metals Limited 404.8M 65 68 74 57 67 61 1
Alkane Resources Limited 402.0M 69 58 68 71 68 62 1
Centaurus Metals Limited 397.2M 68 69 76 60 68 63 1
Bowen Coking Coal Limited 385.5M 68 69 76 60 68 64 1
Jupiter Mines Limited 372.2M 51 51 84 44 50 65 1
Galan Lithium Limited 362.2M 68 69 76 60 68 66 1
Talga Group Ltd 359.9M 53 48 76 70 62 67 1
BCI Minerals Limited 349.8M 62 54 76 49 60 68 1
Metals X Limited 344.8M 70 81 72 55 68 69 1
Pantoro Limited 330.8M 68 69 76 60 68 70 1
Aurelia Metals Limited 327.8M 72 58 54 49 60 71 1
Macmahon Holdings Limited 283.7M 72 53 46 57 62 72 1
Lotus Resources Limited 277.3M 68 69 76 60 68 73 1
Firefinch Limited 236.2M 68 69 76 60 68 74 1
Andromeda Metals Limited 229.8M 68 69 76 60 68 75 1

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