Albemarle Fundamentals
ALB  Stock  USD 271.70 1.68 0.62% 
Albemarle Corp fundamentals help investors to digest information that contributes to Albemarle Corp's financial success or failures. It also enables traders to predict the movement of Albemarle Stock. The fundamental analysis module provides a way to measure Albemarle Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Albemarle Corp stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Albemarle  Select Account or Indicator 
Albemarle Z Score Analysis
Albemarle Corp's ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2020  2021  2022 (projected)  
Consolidated Income  604.36 M  446.62 M  199.94 M  205.2 M 
Direct Expenses  2.33 B  2.13 B  2.33 B  2.06 B 
Z Score  =  Sum Of   5 Factors 
Current Albemarle Corp Z Score  5.4 
Most of Albemarle Corp's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Albemarle Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, Albemarle Corp has a Z Score of 5.4. This is 115.14% higher than that of the Basic Materials sector and 50.84% higher than that of the Specialty Chemicals industry. The z score for all United States stocks is 38.07% higher than that of the company.
Albemarle Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Albemarle Corp's current stock value. Our valuation model uses many indicators to compare Albemarle Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Albemarle Corp competition to find correlations between indicators driving Albemarle Corp's intrinsic value. More Info.Albemarle Corp is number one stock in debt to equity category among related companies. It is number one stock in current asset category among related companies fabricating about 3,647,416,335 of Current Asset per Debt to Equity. The current year Net Current Assets as percentage of Total Assets is expected to grow to 1.25, whereas Current Assets are forecasted to decline to about 1.9 B.. Comparative valuation analysis is a catchall model that can be used if you cannot value Albemarle Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Albemarle Corp's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the pricetoearnings (P/E), pricetobook (P/B), pricetosales (P/S), pricetocash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Albemarle Corp's earnings, one of the primary drivers of an investment's value.Albemarle Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Albemarle Corp's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Albemarle Corp could also be used in its relative valuation, which is a method of valuing Albemarle Corp by comparing valuation metrics of similar companies.Albemarle Corp is currently under evaluation in beta category among related companies.
Albemarle Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Albemarle Corp from analyzing Albemarle Corp's financial statements. These drivers represent accounts that assess Albemarle Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Albemarle Corp's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  10.16 K  117.55 K  88.87 K  63.52 K  20.61 K  21.15 K  
Revenue Per Employee  568.88 K  572.02 K  598.24 K  528.88 K  554.66 K  633.09 K  
Average Assets  7.48 B  7.54 B  8.49 B  10.18 B  10.72 B  9.71 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  731.65 M  1.02 B  803.95 M  650.24 M  420.69 M  493.34 M  
Earnings Before Interest Taxes and Depreciation Amortization USD  798.95 M  1.09 B  892.57 M  735.29 M  468.59 M  659.45 M  
Earnings before Tax  486.67 M  838.39 M  621.39 M  430.19 M  153.12 M  157.15 M  
Average Equity  3.74 B  3.65 B  3.81 B  4.07 B  5.81 B  4.85 B  
Enterprise Value  14.88 B  9.24 B  9.37 B  18.55 B  28.77 B  31.04 B  
Free Cash Flow  (13.72 M)  (153.83 M)  (122.07 M)  (51.56 M)  (609.41 M)  (625.45 M)  
Invested Capital  5.22 B  5.6 B  8.96 B  9.46 B  9.15 B  8.32 B  
Invested Capital Average  5.01 B  5.41 B  6.93 B  9.5 B  8.94 B  8.06 B  
Market Capitalization  14.13 B  8.19 B  7.74 B  15.7 B  27.35 B  29.5 B  
Tangible Asset Value  5.72 B  5.63 B  7.93 B  8.44 B  9.07 B  8.18 B  
Working Capital  1.28 B  815.25 M  816.11 M  404.33 M  133.65 M  137.16 M 
Albemarle Corp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Albemarle Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Albemarle Corp's managers, analysts, and investors.Environment Score  Governance Score  Social Score 
Albemarle Corp Institutional Holders
Institutional Holdings refers to the ownership stake in Albemarle Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Albemarle Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Albemarle Corp's value.Security Type  Shares  Value  
Zwj Investment Counsel Inc  Common Shares  7.3 K  768 K  
Zwj Investment Counsel Inc  Common Shares  97.3 K  8.4 M  
Zwj Investment Counsel Inc  Common Shares  99.2 K  8.5 M  
Zwj Investment Counsel Inc  Common Shares  107.6 K  8.5 M  
Zwj Investment Counsel Inc  Common Shares  175.1 K  11.2 M  
Zwj Investment Counsel Inc  Common Shares  172 K  9.6 M  
Zwj Investment Counsel Inc  Common Shares  118 K  7.1 M 
Let's try to break down what Albemarle's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Albemarle Corp will likely underperform.
Albemarle Fundamentals
Return On Equity  25.88 %  
Return On Asset  9.32 %  
Profit Margin  27.77 %  
Operating Margin  37.96 %  
Current Valuation  35.61 B  
Shares Outstanding  117.15 M  
Shares Owned by Insiders  0.16 %  
Shares Owned by Institutions  85.71 %  
Number of Shares Shorted  2.14 M  
Price to Earning  21.52 X  
Price to Book  4.94 X  
Price to Sales  5.95 X  
Revenue  5.59 B  
Gross Profit  1.01 B  
EBITDA  2.12 B  
Net Income  1.55 B  
Cash and Equivalents  1.38 B  
Cash per Share  11.80 X  
Total Debt  3.5 B  
Debt to Equity  0.50 %  
Current Ratio  1.73 X  
Book Value Per Share  57.47 X  
Cash Flow from Operations  809.27 M  
Short Ratio  1.51 X  
Earnings Per Share  13.19 X  
Price to Earnings To Growth  0.17 X  
Number of Employees  6 K  
Beta  1.41  
Market Capitalization  33.26 B  
Total Asset  9.62 B  
Retained Earnings  2.62 B  
Working Capital  214.32 M  
Current Asset  1.83 B  
Current Liabilities  1.62 B  
Z Score  5.4  
Five Year Return  1.34 %  
Last Dividend Paid  0.4 
About Albemarle Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Albemarle Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Albemarle Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Albemarle Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported  Projected for 2022  
Cost of Revenue  2.3 B  2.3 B  
Revenues  3.3 B  3 B  
Revenue to Assets  0.30  0.45  
Revenue Per Employee  554.7 K  633.1 K 
Be your own money manager
Our tools can tell you how much better you can do entering a position in Albemarle Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Pair Trading with Albemarle Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Albemarle Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Albemarle Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Albemarle Corp could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Albemarle Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Albemarle Corp  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Albemarle Corp to buy it.
The correlation of Albemarle Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Albemarle Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albemarle Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Albemarle Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Please continue to Albemarle Corp Piotroski F Score and Albemarle Corp Altman Z Score analysis. You can also try Stock Tickers module to use highimpact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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Is Albemarle Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albemarle Corp. If investors know Albemarle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albemarle Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY (0.044)  Market Capitalization 31.2 B  Quarterly Revenue Growth YOY 1.52  Return On Assets 0.0933  Return On Equity 0.26 
The market value of Albemarle Corp is measured differently than its book value, which is the value of Albemarle that is recorded on the company's balance sheet. Investors also form their own opinion of Albemarle Corp's value that differs from its market value or its book value, called intrinsic value, which is Albemarle Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albemarle Corp's market value can be influenced by many factors that don't directly affect Albemarle Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albemarle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Albemarle Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albemarle Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.