Alcoa Corp (AA)
Primary Production of Aluminum
Latest Price
$46.52
TTM P/E
9.67
Normalized P/E
74.31
Div Yield
0.21%
Book Value
27.92
P/B Ratio
1.67
Valuation metrics
adjust assumptions →EPS: $4.37
Book value / share: $23.54
Formula: √(22.5 × EPS × BVPS)
Graham Number
$48.11
+3% upside
Norm. op. income: $445M (median of 7yr)
Tax rate: 45%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$6.07
87% downside
Base FCF: $436M (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
$25.02
46% downside
EPS: $4.37
Target P/E: 74×
Formula: EPS × P/E
P/E Fair Value
$323.38
+595% upside
Institutional Ownership
83.0% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 29.32M | $1.53B | 11.10% | +923.1K | 2026-06-30 |
| FMR LLC | 17.00M | $886.0M | 6.44% | +4.14M | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 13.00M | $677.0M | 4.92% | +351.0K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 11.93M | $621.0M | 4.52% | +149.4K | 2026-06-30 |
| EAGLE CAPITAL MANAGEMENT LLC | 11.88M | $619.0M | 4.50% | -2.22M | 2026-06-30 |
| STATE STREET CORP | 10.88M | $567.0M | 4.12% | -5.6K | 2026-06-30 |
| CITADEL ADVISORS LLC | 6.31M | $328.0M | 2.39% | +2.72M | 2026-06-30 |
| DIMENSIONAL FUND ADVISORS LP | 5.85M | $304.0M | 2.21% | -2.78M | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 5.83M | $304.0M | 2.21% | -112.9K | 2026-06-30 |
| JANE STREET GROUP, LLC | 4.25M | $221.0M | 1.61% | +84.8K | 2026-06-30 |