Valuation as at 2026-08-04 · refreshed with the ASX 300 Most Undervalued screen
About Alcoa Corporation
Alcoa Corporation, together with its subsidiaries, engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally. The company operates through two segments: Alumina and Aluminum. It operates bauxite and other aluminous ores mining and processes bauxite into alumina for sale to aluminum smelter customers and customers who process it into industrial chemical products through supply contracts to third parties, as well as aluminum smelting and casting businesses.
Source: Yahoo Finance company profile · factual description, not KashVector commentary
Alcoa Corporation AAI.AX
Basic Materials · Aluminum
AAI.AX's price & financial trends
Quarterly reporting periods — the most granular consistent series Yahoo provides for this market.
Data refreshed 2026-08-04
Share price · last 2 years
Earnings per share (diluted)
Free cash flow
Dividend per share
Intrinsic value estimate · 5-year forecast
Assumptions used in this valuation
Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.
| Bear | Base | Bull | |
|---|---|---|---|
| 5-yr FCF growth | 12.5% | 25.0% | 30.0% |
| Terminal growth | 2.5% | 2.5% | 2.5% |
| WACC (discount rate) | 14.31% | 13.31% | 12.31% |
Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.80% + 1.62 × 6.00% = 14.54% · WACC = weighted by 89%/11% capital structure
These numbers come from running Alcoa Corporation's cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or AAI.AX's competitive position. What is DCF?
Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with AAI.AX →
More ASX 300 Most Undervalued stocks
Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.
About this valuation
Refreshed on the same cycle as the ASX 300 Most Undervalued screen. Change any assumption yourself in the full interactive tool.
Frequently asked questions
Is AAI.AX undervalued?
The Base-case DCF estimates intrinsic value at $77.79 vs a current price of $65.46 — a +18.8% margin, so the Base case reads fairly valued. This is a mechanical output, not advice.