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Noranda Aluminum Holding Stock

Noranda Aluminum Holding P/E 2024

Noranda Aluminum Holding P/E

0

Ticker

NORNQ

ISIN

US65542W2061

WKN

A14YWQ

As of Sep 10, 2024, Noranda Aluminum Holding's P/E ratio was 0, a 0% change from the 0 P/E ratio recorded in the previous year.

The Noranda Aluminum Holding P/E history

Noranda Aluminum Holding Aktienanalyse

What does Noranda Aluminum Holding do?

Noranda Aluminum Holding Corp is an American aluminum producer based in Franklin, Tennessee. The company was founded in 2007 and has several subsidiaries. Its largest customer is the automotive industry, which requires aluminum for the production of car parts. The history of Noranda dates back to 1922 when the company was founded in Canada. In the 1950s, Noranda Aluminum began focusing on the US market. In 1990, the company was acquired by the Norwegian company Norsk Hydro. However, in 2002, the company became independent again and operated under the name Noranda Inc. After a few years of restructuring and change, Noranda Inc. was eventually renamed Noranda Aluminum Holding Corp in 2007. The business model of Noranda Aluminum Holding Corp is based on selling aluminum products to customers in various industries. Noranda specializes in the production of primary aluminum products made from raw aluminum. These products are then further processed to meet specific applications. The different products offered by the company include rolled products, sheet products, pipes, and extrusion products. Noranda Aluminum Holding Corp operates several divisions to manufacture these various products. The main divisions are primary metal, rolled products, recycling, and energy. The primary metal division is involved in the production of raw aluminum and aluminum alloys. The rolled products division produces aluminum foils and sheets used in automobiles, food packaging, and other applications. Noranda Aluminum's recycling division is focused on reducing the consumption of aluminum by collecting aluminum scrap and processing it into new raw material. The energy division is involved in the production of electricity and heat from natural resources such as coal and natural gas. Noranda Aluminum also operates several production facilities in different countries. The main production facilities are located in the USA, in places like New Madrid and Missouri. The company also operates a production facility in Jamaica that mines bauxite, which is used as a raw material for aluminum production. The company is committed to producing sustainably and environmentally friendly. Noranda Aluminum has launched several initiatives to reduce energy consumption and greenhouse gas emissions. Additionally, the company also operates a community responsibility initiative aimed at benefiting the people in the communities where it operates. Overall, Noranda Aluminum Holding Corp is an important aluminum producer with numerous customers in various industries. The company has a long history in Canada and the USA and operates production facilities all over the world. Noranda Aluminum is committed to producing sustainably and environmentally friendly while meeting the needs of its customers. Noranda Aluminum Holding ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Noranda Aluminum Holding's P/E Ratio

The Price to Earnings (P/E) Ratio of Noranda Aluminum Holding is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Noranda Aluminum Holding's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Noranda Aluminum Holding is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Noranda Aluminum Holding’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Noranda Aluminum Holding stock

What is the price-to-earnings ratio of Noranda Aluminum Holding?

The price-earnings ratio of Noranda Aluminum Holding is currently 0.

How has the price-earnings ratio of Noranda Aluminum Holding changed compared to last year?

The price-to-earnings ratio of Noranda Aluminum Holding has increased by 0% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Noranda Aluminum Holding high compared to other companies?

Yes, the price-to-earnings ratio of Noranda Aluminum Holding is high compared to other companies.

How does an increase in the price-earnings ratio of Noranda Aluminum Holding affect the company?

An increase in the price-earnings ratio of Noranda Aluminum Holding would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Noranda Aluminum Holding affect the company?

A decrease in the price-earnings ratio of Noranda Aluminum Holding would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Noranda Aluminum Holding?

Some factors that influence the price-earnings ratio of Noranda Aluminum Holding are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Noranda Aluminum Holding pay?

Over the past 12 months, Noranda Aluminum Holding paid a dividend of 0.14 USD . This corresponds to a dividend yield of about 14 M %. For the coming 12 months, Noranda Aluminum Holding is expected to pay a dividend of 0 USD.

What is the dividend yield of Noranda Aluminum Holding?

The current dividend yield of Noranda Aluminum Holding is 14 M %.

When does Noranda Aluminum Holding pay dividends?

Noranda Aluminum Holding pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Noranda Aluminum Holding?

Noranda Aluminum Holding paid dividends every year for the past 0 years.

What is the dividend of Noranda Aluminum Holding?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Noranda Aluminum Holding located?

Noranda Aluminum Holding is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Noranda Aluminum Holding kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Noranda Aluminum Holding from 6/10/2015 amounting to 0.01 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2015.

When did Noranda Aluminum Holding pay the last dividend?

The last dividend was paid out on 6/10/2015.

What was the dividend of Noranda Aluminum Holding in the year 2023?

In the year 2023, Noranda Aluminum Holding distributed 2.531 USD as dividends.

In which currency does Noranda Aluminum Holding pay out the dividend?

The dividends of Noranda Aluminum Holding are distributed in USD.

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Andere Kennzahlen von Noranda Aluminum Holding

Our stock analysis for Noranda Aluminum Holding Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Noranda Aluminum Holding Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.