document.addEventListener('contextmenu', function(e) { e.preventDefault(); }, false);
top of page
Search

Why I’m Rating Century Aluminum A Strong Buy

Summary

  • I rate Century Aluminum a Strong Buy because the earnings setup has improved quickly, helped by stronger aluminum prices, firmer regional premiums, and visible operational recovery.

  • The story is not just a commodity bounce. Mt. Holly is restarting, Grundartangi is recovering, and Jamalco should benefit from lower power costs, giving CENX multiple self-help levers at once.

  • I frame valuation with FWD P/E, FWD EV/EBITDA, and FWD PEG, but I place more weight on forward earnings because that best captures the improving setup.

  • Key risk is if aluminum prices, premiums, or tariff support weaken while restart execution or energy costs move the wrong way.


White metal tank with Century Aluminum logo in blue and gray text. Clear sky background, slight rust marks visible on top.
Image source: Al Circle News

Want to read more?

Subscribe to henriotgroup.com to keep reading this exclusive post.

bottom of page