Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Alcoa's Enterprise Value is CHF12,510 Mil.
Alcoa's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF823 Mil. Therefore, Alcoa's EV-to-EBIT ratio for today is 15.20.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Alcoa's Enterprise Value is CHF12,510 Mil.
Alcoa's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was CHF1,331 Mil. Therefore, Alcoa's EV-to-EBITDA ratio for today is 9.40.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Alcoa's Enterprise Value is CHF12,510 Mil.
Alcoa's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was CHF10,101 Mil. Therefore, Alcoa's EV-to-Revenue ratio for today is 1.24.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Alcoa's Enterprise Value is CHF12,510 Mil.
Alcoa's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was CHF237 Mil. Therefore, Alcoa's EV-to-FCF ratio for today is 52.69.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Alcoa (XSWX:AA) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Alcoa's current Enterprise Value is CHF12,510 Mil.
Alcoa's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF823 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Alcoa's current Enterprise Value is CHF12,510 Mil.
Alcoa's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,331 Mil.
Alcoa's current Enterprise Value is CHF12,510 Mil.
Alcoa's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF10,101 Mil.
Alcoa's current Enterprise Value is CHF12,510 Mil.
Alcoa's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF752 Mil.
Alcoa's current Enterprise Value is CHF12,510 Mil.
Alcoa's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF237 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Alcoa Enterprise Value Related Terms
Alcoa Enterprise Value Historical Data
* Premium members only.
The historical data trend for Alcoa's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:AA vs CENX, CSTM, KALU: Enterprise Value Comparison
For the Aluminum subindustry, Alcoa's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alcoa Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alcoa's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Alcoa's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Alcoa's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of CHF12,510 Mil mean?
Alcoa (XSWX:AA) has a Enterprise Value of CHF12,510 Mil as of Jun. 27, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Alcoa and its competitors.
Is Alcoa's Enterprise Value too high?
Alcoa's current Enterprise Value is CHF12,510 Mil. Overall, Alcoa has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Alcoa's Enterprise Value compare to CENX and CSTM?
Alcoa's Enterprise Value of CHF12,510 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Alcoa and its competitors. Alcoa's current Enterprise Value is CHF12,510 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcoa stock overvalued right now?
Alcoa (XSWX:AA) has a current Enterprise Value of CHF12,510 Mil. The stock's GF Value™ is CHF24.27, compared to a current price of CHF43.18 — trading 77.9% above its estimated fair value. The current Enterprise Value is CHF12,510 Mil. Alcoa's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Alcoa (XSWX:AA), the current Enterprise Value is CHF12,510 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alcoa (XSWX:AA) Overvalued in 2026?
Based on GuruFocus' analysis, Alcoa stock appears to be overvalued.
The current stock price of CHF43.18 is trading 77.9% above its estimated GF Value™ of CHF24.27.
Key valuation signals for XSWX:AA:
Enterprise Value: CHF12,510 Mil
GF Value™: CHF24.27 vs. price of CHF43.18 (77.9% above fair value)
No single metric tells the full story. See the XSWX:AA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. It is one of the world's largest bauxite miners and alumina refiners by production volume, but sits outside the top-10 aluminum producers, a list dominated by Chinese companies. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024.
65GF Score
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