Albemarle Corporation (ALB)
Total Valuation
Albemarle has a market cap or net worth of $16.96 billion. The enterprise value is $19.01 billion.
| Market Cap | 16.96B |
| Enterprise Value | 19.01B |
Important Dates
The next estimated earnings date is Wednesday, February 14, 2024, after market close.
| Earnings Date | Feb 14, 2024 |
| Ex-Dividend Date | Dec 14, 2023 |
Share Statistics
Albemarle has 117.35 million shares outstanding. The number of shares has decreased by -0.07% in one year.
| Shares Outstanding | 117.35M |
| Shares Change (YoY) | -0.07% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 0.25% |
| Owned by Institutions (%) | 88.40% |
| Float | 117.00M |
Valuation Ratios
The trailing PE ratio is 5.12 and the forward PE ratio is 13.63. Albemarle's PEG ratio is 0.51.
| PE Ratio | 5.12 |
| Forward PE | 13.63 |
| PS Ratio | 1.72 |
| Forward PS | 2.01 |
| PB Ratio | 1.71 |
| P/FCF Ratio | 36.47 |
| PEG Ratio | 0.51 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.60, with an EV/FCF ratio of 40.90.
| EV / Earnings | 5.72 |
| EV / Sales | 1.92 |
| EV / EBITDA | 4.60 |
| EV / EBIT | 5.05 |
| EV / FCF | 40.90 |
Financial Position
The company has a current ratio of 1.81, with a Debt / Equity ratio of 0.37.
| Current Ratio | 1.81 |
| Quick Ratio | 0.84 |
| Debt / Equity | 0.37 |
| Debt / EBITDA | 0.88 |
| Debt / FCF | 7.87 |
| Interest Coverage | 35.61 |
Financial Efficiency
Return on equity (ROE) is 36.00% and return on invested capital (ROIC) is 12.96%.
| Return on Equity (ROE) | 36.00% |
| Return on Assets (ROA) | 18.70% |
| Return on Capital (ROIC) | 12.96% |
| Revenue Per Employee | $1.34M |
| Profits Per Employee | $449,135 |
| Employee Count | 7,400 |
| Asset Turnover | 0.56 |
| Inventory Turnover | 2.79 |
Taxes
In the past 12 months, Albemarle has paid $335.50 million in taxes.
| Income Tax | 335.50M |
| Effective Tax Rate | 9.17% |
Stock Price Statistics
The stock price has decreased by -33.56% in the last 52 weeks. The beta is 1.59, so Albemarle's price volatility has been higher than the market average.
| Beta (1Y) | 1.59 |
| 52-Week Price Change | -33.56% |
| 50-Day Moving Average | 131.02 |
| 200-Day Moving Average | 182.48 |
| Relative Strength Index (RSI) | 55.74 |
| Average Volume (30 Days) | 3,192,314 |
Short Selling Information
The latest short interest is 12.07 million, so 10.29% of the outstanding shares have been sold short.
| Short Interest | 12.07M |
| Short Previous Month | 11.48M |
| Short % of Shares Out | 10.29% |
| Short % of Float | 10.32% |
| Short Ratio (days to cover) | 3.38 |
Income Statement
In the last 12 months, Albemarle had revenue of $9.88 billion and earned $3.32 billion in profits. Earnings per share was $28.21.
| Revenue | 9.88B |
| Gross Profit | 2.89B |
| Operating Income | 1.93B |
| Pretax Income | 3.66B |
| Net Income | 3.32B |
| EBITDA | 4.14B |
| EBIT | 3.76B |
| Earnings Per Share (EPS) | $28.21 |
Balance Sheet
The company has $1.60 billion in cash and $3.66 billion in debt, giving a net cash position of -$2.06 billion or -$17.53 per share.
| Cash & Cash Equivalents | 1.60B |
| Total Debt | 3.66B |
| Net Cash | -2.06B |
| Net Cash Per Share | -$17.53 |
| Equity / Book Value | 9.90B |
| Book Value Per Share | 84.34 |
| Working Capital | 3.18B |
Cash Flow
In the last 12 months, operating cash flow was $2.38 billion and capital expenditures -$1.91 billion, giving a free cash flow of $464.88 million.
| Operating Cash Flow | 2.38B |
| Capital Expenditures | -1.91B |
| Free Cash Flow | 464.88M |
| FCF Per Share | $3.96 |
Margins
Gross margin is 29.26%, with operating and profit margins of 19.58% and 33.63%.
| Gross Margin | 29.26% |
| Operating Margin | 19.58% |
| Pretax Margin | 37.03% |
| Profit Margin | 33.63% |
| EBITDA Margin | 41.86% |
| EBIT Margin | 38.10% |
| FCF Margin | 4.70% |
Dividends & Yields
This stock pays an annual dividend of $1.60, which amounts to a dividend yield of 1.11%.
| Dividend Per Share | $1.60 |
| Dividend Yield | 1.11% |
| Earnings Yield | 19.60% |
| FCF Yield | 2.74% |
| Dividend Growth (YoY) | 1.27% |
| Payout Ratio | 5.67% |
| Buyback Yield | 0.07% |
| Shareholder Yield | 1.18% |
Analyst Forecast
The average price target for Albemarle is $214.06, which is 48.16% higher than the current price. The consensus rating is "Buy".
| Price Target | $214.06 |
| Price Target Difference | 48.16% |
| Analyst Consensus | Buy |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | 15.20% |
| EPS Growth Forecast (5Y) | 21.33% |
Stock Splits
The last stock split was on March 2, 2007. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 2, 2007 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Albemarle has an Altman Z-Score of 3.12 and a Piotroski F-Score of 5.
| Altman Z-Score | 3.12 |
| Piotroski F-Score | 5 |