Ratings Aluminum Corporation of China Limited

Equities

2600

CNE1000001T8

Market Closed - Hong Kong Stock Exchange Other stock markets 03:08:40 2023-12-08 am EST			5-day change	1st Jan Change
3.56 ^HKD	-2.47%		-6.81%	+7.23%

Dec. 06	Rio Tinto Plans $6.2 Billion Investment in Guinea Iron Ore Project -- Update	DJ
Nov. 06	Aluminum Corporation of China Hikes Stake in Subsidiary by 0.13%	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

The earnings growth currently anticipated by analysts for the coming years is particularly strong.
Its low valuation, with P/E ratio at 9.28 and 8.26 for the ongoing fiscal year and 2024 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company is one of the most undervalued, with an "enterprise value to sales" ratio at 0.38 for the 2023 fiscal year.
The company's share price in relation to its net book value makes it look relatively cheap.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
For several months, analysts have been revising their EPS estimates roughly upwards.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
Analyst opinion has improved significantly over the past four months.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company does not generate enough profits, which is an alarming weak point.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The company's earnings releases usually do not meet expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector : Aluminum

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
ALUMINUM CORPORATION OF CHINA LIMITED	+7.23%	11 445 M $		B
HINDALCO INDUSTRIES LIMITED	+9.97%	13 860 M $		A-
NORSK HYDRO ASA	-15.06%	11 354 M $		B
HENAN SHENHUO COAL & POWER CO.,LTD	+0.33%	4 716 M $		C-
EN+ GROUP INTERNATIONAL	-.--%	4 672 M $	-	B
INNER MONGOLIA DIAN TOU ENERGY CORPORATION LIMITED	+17.99%	4 556 M $		C+
ALCOA CORPORATION	-44.97%	4 465 M $		A-
SHENZHEN KEDALI INDUSTRY CO., LTD.	-29.88%	3 136 M $		D+
CONSTELLIUM SE	+48.77%	2 584 M $		B+
NATIONAL ALUMINIUM COMPANY LIMITED	+21.21%	2 145 M $		B-

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

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Unusual volumes