Stock Analysis on Net

Albemarle Corp. (NYSE:ALB)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 3, 2023.

Enterprise Value to FCFF (EV/FCFF)

Microsoft Excel

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Free Cash Flow to The Firm (FCFF)

Albemarle Corp., FCFF calculation

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net income attributable to Albemarle Corporation
Net income attributable to noncontrolling interests
Net noncash charges
Changes in current assets and liabilities, net of effects of acquisitions and divestitures
Net cash provided by operating activities
Cash paid during the year for interest, net of capitalization, net of tax1
Interest capitalized on significant capital projects, net of tax2
Capital expenditures
Right-of-use assets obtained in exchange for finance lease obligations
Free cash flow to the firm (FCFF)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Item Description The company
FCFF Free cash flow to the firm is the cash flow available to the Albemarle Corp. suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. Albemarle Corp. FCFF decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.

Interest Paid, Net of Tax

Albemarle Corp., interest paid, net of tax calculation

US$ in thousands

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Effective Income Tax Rate (EITR)
EITR1
Interest Paid, Net of Tax
Cash paid during the year for interest, net of capitalization, before tax
Less: Cash paid during the year for interest, net of capitalization, tax2
Cash paid during the year for interest, net of capitalization, net of tax
Interest Costs Capitalized, Net of Tax
Interest capitalized on significant capital projects, before tax
Less: Interest capitalized on significant capital projects, tax3
Interest capitalized on significant capital projects, net of tax

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 See details »

2 2022 Calculation
Cash paid during the year for interest, net of capitalization, tax = Cash paid during the year for interest, net of capitalization × EITR
= × =

3 2022 Calculation
Interest capitalized on significant capital projects, tax = Interest capitalized on significant capital projects × EITR
= × =


Enterprise Value to FCFF Ratio, Current

Albemarle Corp., current EV/FCFF calculation, comparison to benchmarks

Microsoft Excel
Selected Financial Data (US$ in thousands)
Enterprise value (EV)
Free cash flow to the firm (FCFF)
Valuation Ratio
EV/FCFF
Benchmarks
EV/FCFF, Competitors1
Linde plc
EV/FCFF, Industry
Materials

Based on: 10-K (reporting date: 2022-12-31).

1 Click competitor name to see calculations.

If the company EV/FCFF is lower then the EV/FCFF of benchmark then company is relatively undervalued.
Otherwise, if the company EV/FCFF is higher then the EV/FCFF of benchmark then company is relatively overvalued.


Enterprise Value to FCFF Ratio, Historical

Albemarle Corp., historical EV/FCFF calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Enterprise value (EV)1
Free cash flow to the firm (FCFF)2
Valuation Ratio
EV/FCFF3
Benchmarks
EV/FCFF, Competitors4
Linde plc
EV/FCFF, Industry
Materials

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 See details »

2 See details »

3 2022 Calculation
EV/FCFF = EV ÷ FCFF
= ÷ =

4 Click competitor name to see calculations.