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Aluar Aluminio Argentino S.A. (ALUA) Fair Value & Analysis

Basic Materials · AR · Market cap 2.9T ARS

AA Aluar Aluminio Argentino S.A. ALUA · BA
Price1,001 ARS
Fair Value115.54 ARS
Upside-88.5%
Quality32/100
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Expensive Growth
Thin margins · 0.1% net margin
Low debt · negative free cash flow
Trails peers (3/10)
Narrow moat 30/100
Evidence: High Range 65.74 ARS – 150.21 ARS Share as image

Fair value as of: Jul 14, 2026

From 16 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from 346.47 ARS to 115.54 ARS (−66.7%) since Jun 24, 2026. Share price +9.9% over the past month.

Below-average quality, and screening another 88% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (150.21 ARS). The favourable scenario is already priced in.
  • Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (65.74 ARS to 150.21 ARS) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1,277 ARS 36.42 ARS Fair Value 115.54 ARS Feb 2021 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 36.42 ARS – 1,277 ARS · fair‑value band 65.74 ARS – 150.21 ARS · the 1,001 ARS price screens above the 115.54 ARS fair value. Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Aluar Aluminio Argentino S.A. (ALUA) currently trades at 1,001 ARS, while our model-based Fair Value estimate is 115.54 ARS, implying the stock looks roughly 88.5% overvalued today. The Quality Score stands at 32/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Aluar Aluminio Argentino S.A. generated revenue of 1.8T ARS at a net margin of 0.1%. Revenue grew 28.8% year over year. It earns a return on equity of 1.0%. Net debt stands at 691B ARS. Fundamentals as of Jul 14, 2026

Our scenario range runs from 65.74 ARS (bear case) to 150.21 ARS (bull case); at 1,001 ARS, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 14% below its 52-week high and 72% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at 19% fair-value upside, at -88%, ALUA screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 377.26 ARS 353.20 ARS 251.26 ARS 76
ROIC Compounder 297.08 ARS 369.57 ARS 434.01 ARS 72
Gordon GGM 31.12 ARS 67.95 ARS 114.32 ARS 70
All 16 models by family
Earnings-Based
Graham-Dodd 18.25 ARS 127.25 ARS 178.57 ARS 54
Lynch FV 65.74 ARS 93.92 ARS 122.09 ARS 50
PEG = 1.0 65.74 ARS 93.92 ARS 122.09 ARS 46
EPV 297.08 ARS 369.57 ARS 434.01 ARS 59
Dividend Discount
Gordon GGM 31.12 ARS 67.95 ARS 114.32 ARS 70
DDM Multi-Stage 31.12 ARS 55.66 ARS 70.81 ARS 61
Multiples
P/E Multiple 34.21 ARS 45.62 ARS 57.02 ARS 63
P/S Multiple 34.21 ARS 45.62 ARS 57.02 ARS 58
P/B Multiple 34.21 ARS 45.62 ARS 57.02 ARS 55
EV/EBIT 365.54 ARS 525.30 ARS 685.06 ARS 53
EV/EBITDA 500.51 ARS 705.26 ARS 910.01 ARS 54
EV/Revenue 301.64 ARS 479.66 ARS 657.67 ARS 43
Asset-Based
NCAV (Graham) 274.52 ARS 367.85 ARS 549.04 ARS 50
Economic Profit
Residual Income 377.26 ARS 353.20 ARS 251.26 ARS 76
ROIC Compounder 297.08 ARS 369.57 ARS 434.01 ARS 72
Growth Earnings
Growth-Adj P/E 80.88 ARS 115.54 ARS 150.21 ARS 68

Widest divergence: Asset-Based (367.85 ARS) versus Multiples (45.62 ARS). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.8T ARS
Revenue growth (YoY) +28.8%
Net margin 0.1%
Return on equity 1.0%
Free cash flow −305B ARS FY2025
Operating margin 15.0%
More key figures
EPS (TTM) -20.27 ARS
EPS growth (YoY) -86.8%
Net debt 691B ARS FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 32/100

Of which business quality 36 · Market factors (momentum, volatility) 70

Profitability 20
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 68
Price trend over the last 3–12 months (market factor)
52W Momentum 85
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Aluar Aluminio Argentino S.A.I.C. engages in the production and sale of aluminum products in Argentina and internationally. It operates in four segments: Primary Division; Processed Division; Energy Generation; and Engineering, Construction, and Industrial Assembly.

Full company description

Aluar Aluminio Argentino S.A.I.C. engages in the production and sale of aluminum products in Argentina and internationally. It operates in four segments: Primary Division; Processed Division; Energy Generation; and Engineering, Construction, and Industrial Assembly. The company offers ingots, bars, wire rods, and plates; value-added products, including profiles, bars, tubes, thick laminates, and foils; and zincalum. It also supplies energy; and markets energy from the wind farm. Aluar Aluminio Argentino S.A.I.C. was incorporated in 1970 and is headquartered in Buenos Aires, Argentina.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aluar Aluminio Argentino S.A. reported revenue of 1.6T ARS in FY2025 versus 84.7B ARS in FY2021, a compound +107.2%/yr. Reported net income was 7.5B ARS in FY2025, compounding +14.4%/yr from FY2021.

Growth Quality 46/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.6T ARS
Latest YoY
−9.4%
Avg. growth/yr (3Y)
+108.6%
Avg. growth/yr (5Y)
+89.8%
Avg. growth/yr (9Y)
+73.2%
Revenue +107.2%/yr
FY21 84.7B ARS
FY22 172B ARS
FY23 326B ARS
FY24 1.7T ARS
FY25 1.6T ARS
Net income +14.4%/yr
FY21 4.4B ARS
FY22 29.4B ARS
FY23 68.9B ARS
FY24 170B ARS
FY25 7.5B ARS

ALUA screens 88% overvalued. Compare with Shandong Hongqiao Aluminum Industry Holding →

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Cite: Fair Value Calculator (2026). "Aluar Aluminio Argentino S.A. Fair Value". https://www.fairvalue-calculator.com/stock/ALUA

Peer Group

Aluminum · 83 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 32 · Bottom 25%
Fair Value upside −89% · Bottom 25%
Return on equity (TTM) 1% · Bottom 25%
Return on assets 3% · Below median
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 29% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.27× · Higher than median

Valuation Multiples vs Aluminum median · lower = cheaper

EV/EBITDA 1.3× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 15
FUTURE 100 · sector 26
PAST 4 · sector 30
HEALTH 86 · sector 91
DIVIDEND 0 · sector 33

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Aluminum stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Shandong Hongqiao Aluminum Industry Holding 002379 ¥18.54 ¥26.70 +44%
China Hongqiao Group 1378 HK$24.54 HK$45.53 +86%
Hindalco Industries Limited HINDALCO ₹955.80 ₹1,026 +7%
Aluminum Corporation 601600 ¥8.11 ¥12.58 +55%
Norsk Hydro ASA NHY kr 84.96 kr 58.10 -32%
Press Metal Aluminium Holdings 8869 8.02 MYR 3.88 MYR -52%
Alcoa Corporation AAI A$70.60 A$49.53 -30%
Yunnan Aluminium Co 000807 ¥25.12 ¥29.68 +18%
Henan Shenhuo Coal Industry and Electricity Power Co 000933 ¥25.51 ¥30.28 +19%
Tianshan Aluminum Group 002532 ¥11.99 ¥21.86 +82%

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Frequently asked questions

Is Aluar Aluminio Argentino S.A. (ALUA) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 115.54 ARS versus a price of 1,001 ARS, about −88% (overvalued).
What is the fair value of ALUA?
Our model-based fair value for Aluar Aluminio Argentino S.A. is 115.54 ARS (as of Jul 14, 2026), built from audited fundamentals. The current price is 1,001 ARS.
What is the quality score of ALUA?
Aluar Aluminio Argentino S.A. has a Quality Score of 32/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Aluar Aluminio Argentino S.A. (ALUA)?
Aluar Aluminio Argentino S.A. reported trailing-twelve-month revenue of about 1.8T ARS (latest available figure, as of Jul 14, 2026).
What is the net profit margin of ALUA?
The net profit margin of Aluar Aluminio Argentino S.A. is about 0.1%, meaning it keeps roughly 0.1% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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