Ratings Aluminium Bahrain B.S.C.

Equities

ALBH

BH0006000044

End-of-day quote Bahrain Bourse Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
1.27 ^BHD	+0.40%		-0.39%	+10.92%

Mar. 11	Aluminium Bahrain B.S.C. and Emirates Global Aluminium Inks Technology Services Agreement for Alba's Reduction Line 6	CI
Feb. 19	Transcript : Aluminium Bahrain B.S.C., Q4 2023 Earnings Call, Feb 19, 2024

Summary

Overall, the company has poor fundamentals for a medium to long-term investment strategy.
From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's high margin levels account for strong profits.
The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
The company appears to be poorly valued given its net asset value.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
The company is one of the best yield companies with high dividend expectations.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
Revenue estimates are regularly revised downwards for the current and coming years.
For the past year, analysts have significantly revised downwards their profit estimates.
For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
The overall consensus opinion of analysts has deteriorated sharply over the past four months.
Over the past twelve months, analysts' opinions have been revised negatively.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Aluminum

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ALUMINIUM BAHRAIN B.S.C.	+10.92%	4.75B		B
CHINA HONGQIAO GROUP LIMITED	+70.58%	12.56B		C
YUNNAN ALUMINIUM CO., LTD.	+17.43%	6.66B		B-
SHANDONG NANSHAN ALUMINIUM CO.,LTD.	+15.65%	5.38B		A-
UNITED COMPANY RUSAL, INTERNATIONAL	-5.56%	4.95B	-	B
QATAR ALUMINIUM MANUFACTURING COMPANY Q.P.S.C.	+1.14%	2.16B	-	D-
CENTURY ALUMINUM COMPANY	+45.06%	1.61B		B
KAISER ALUMINUM CORPORATION	+24.30%	1.39B		B
JIAOZUO WANFANG ALUMINUM MANUFACTURING CO., LTD	+37.39%	1.23B	-	-
GRÄNGES AB	+8.45%	1.14B		A

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes