CENTURY ALUMINUM CO (CENX)

Primary Production of Aluminum

Latest Price

$44.77

TTM P/E

13.32

Normalized P/E

33.28

Div Yield

Book Value

11.63

P/B Ratio

3.85

Valuation metrics

EPS: $0.42

Book value / share: $8.14

Formula: √(22.5 × EPS × BVPS)

Graham Number

$8.77

80% downside

Norm. op. income: $32M (median of 7yr)

Tax rate: 5%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$0.05

100% downside

Base FCF: $48M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$5.22

88% downside

EPS: $0.42

Target P/E: 33×

Formula: EPS × P/E

P/E Fair Value

$13.86

69% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
Glencore plc	29.69M	$1.74B	30.00%	-23.82M	2026-03-31
BlackRock, Inc.	9.01M	$528.0M	9.10%	-474.2K	2026-03-31
STATE STREET CORP	4.67M	$273.0M	4.72%	+371.8K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	4.24M	$248.0M	4.29%	--	2026-03-31
Sourcerock Group LLC	2.69M	$157.0M	2.72%	-934.7K	2026-03-31
FMR LLC	2.66M	$156.0M	2.69%	+2.65M	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	2.59M	$151.0M	2.61%	--	2026-03-31
DIMENSIONAL FUND ADVISORS LP	2.19M	$128.0M	2.21%	-574.2K	2026-03-31
Invesco Ltd.	2.08M	$121.0M	2.10%	+1.45M	2026-03-31
MILLENNIUM MANAGEMENT LLC	1.99M	$116.0M	2.01%	+554.6K	2026-03-31