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.
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Albemarle Corp Consolidated Income is projected to decrease significantly based on the last few years of reporting. The past year's Consolidated Income was at 199.94 Million. The current year Cost of Revenue is expected to grow to about 2.3 B, whereas Direct Expenses is forecasted to decline to about 2.1 B.

Albemarle Z Score Analysis

Albemarle Corp's Z-Score is a simple linear, multi-factor 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 Income604.36 M446.62 M199.94 M205.2 M
Direct Expenses2.33 B2.13 B2.33 B2.06 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

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.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
To calculate Z-Score 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. Z-Score 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 Z-Scores 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 so-called '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 catch-all 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 price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash 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.
201720182019202020212022 (projected)
Net Income Per Employee10.16 K117.55 K88.87 K63.52 K20.61 K21.15 K
Revenue Per Employee568.88 K572.02 K598.24 K528.88 K554.66 K633.09 K
Average Assets7.48 B7.54 B8.49 B10.18 B10.72 B9.71 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA731.65 M1.02 B803.95 M650.24 M420.69 M493.34 M
Earnings Before Interest Taxes and Depreciation Amortization USD798.95 M1.09 B892.57 M735.29 M468.59 M659.45 M
Earnings before Tax486.67 M838.39 M621.39 M430.19 M153.12 M157.15 M
Average Equity3.74 B3.65 B3.81 B4.07 B5.81 B4.85 B
Enterprise Value14.88 B9.24 B9.37 B18.55 B28.77 B31.04 B
Free Cash Flow(13.72 M)(153.83 M)(122.07 M)(51.56 M)(609.41 M)(625.45 M)
Invested Capital5.22 B5.6 B8.96 B9.46 B9.15 B8.32 B
Invested Capital Average5.01 B5.41 B6.93 B9.5 B8.94 B8.06 B
Market Capitalization14.13 B8.19 B7.74 B15.7 B27.35 B29.5 B
Tangible Asset Value5.72 B5.63 B7.93 B8.44 B9.07 B8.18 B
Working Capital1.28 B815.25 M816.11 M404.33 M133.65 M137.16 M

Albemarle Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement 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 high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Albemarle Corp's value.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares7.3 K768 K
Zwj Investment Counsel IncCommon Shares97.3 K8.4 M
Zwj Investment Counsel IncCommon Shares99.2 K8.5 M
Zwj Investment Counsel IncCommon Shares107.6 K8.5 M
Zwj Investment Counsel IncCommon Shares175.1 K11.2 M
Zwj Investment Counsel IncCommon Shares172 K9.6 M
Zwj Investment Counsel IncCommon Shares118 K7.1 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

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 ReportedProjected for 2022
Cost of Revenue2.3 B2.3 B
Revenues3.3 BB
Revenue to Assets 0.30  0.45 
Revenue Per Employee554.7 K633.1 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 risk-adjusted returns of your individual positions relative to your overall portfolio.

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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 tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough 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 risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Albemarle Corp Piotroski F Score and Albemarle Corp Altman Z Score analysis. You can also try Stock Tickers module to use high-impact, 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.