COMPARE · Data as of October 9, 2026

CENX vs BTG

Verdict: Side-by-side breakdown using the Bull Rankings model. CENX scored 62.2, BTG scored 71.5 — BTG leads.
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CENX
Century Aluminum Company
Aluminum · Quality-Growth
62.2
$36.76 · $3.6B
fundamentals as of
Score gap
9.3
BTG leads
BTG
B2Gold Corp.
Gold · Quality-Growth
71.5
$5.25 · $6.9B
fundamentals as of
  • CheapestCENX6.3x
  • Fastest growthBTG+60.9%
  • Strongest balance sheetBTG0.11
  • Highest qualityBTG79 / 100
  • Largest discount to fair valueBTG-57%
THE BULL RANKINGS SCORECARD62.2/ 100 · BULL SCOREPEER MEDIANQUALITY71.2GROWTH50.0VALUE67.6
THE BULL RANKINGS SCORECARD71.5/ 100 · BULL SCOREPEER MEDIANQUALITY78.7GROWTH50.0VALUE92.8
CENXBTGQuality71.278.7Growth50.050.0Value67.692.8
cheap & fastrevenue growth →← cheaper (lower multiple)4%24%+1.3x11x+CENXoff-scaleBTG

Growth against the P/E multiple. Up and to the right is cheaper and faster — the quality-growth idea in one picture. Points beyond the axis are pinned to the edge and marked off-scale rather than allowed to compress everything else.

FCFCENX$151mBTG$923m
RevCENX+13.9%BTG+60.9%
D/ECENX0.31BTG0.11
P/ECENX6.3xBTG9.5x
PEGCENX0.06BTG0.11
CENX
stronger →← stronger
BTG
71
Qualityreturns · margins · balance sheet
79
50
Growthrevenue & earnings expansion
50
68
Valuevaluation vs sector peers
93
BTG is stronger on 2 of 3 pillars.
CENX
BTG
$151mC
FCF
$923mC+
+13.9%B+
Rev
+60.9%A
0.31B
D/E
0.11A-
6.3xA
P/E
9.5xA-
0.06A
PEG
0.11A
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
CENX
BTG
111% above
Price vs fair valuelower is cheaper
57% below
~30%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
~-6%/yr
-58%
1-yr DCF upside
+80%
-53%
5-yr DCF upside
+132%
-44%
10-yr DCF upside
+233%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
CENX
Why this score
  • Diluting shareholders
  • Cyclical growth
BTG
Why this score
  • Cut its dividend
  • Cyclical growth
CENXCentury Aluminum Company
Aluminum · $36.76 · beta 2.08
Why now
Aluminum · market cap $3.6b. Down 48% from 52-week high of $70.43 — deep drawdown territory. Revenue growing +14%, comfortably above the S&P median. PEG 0.06 — paying under fair value for the growth rate. 4 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $65.25 (implying +78% upside).
Moat
Net margin 23% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 52% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
Down 48% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Beta 2.08 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return.
BTGB2Gold Corp.
Gold · $5.25 · beta 1.41
Why now
Gold · market cap $6.9b. 17% off the 52-week high of $6.29. Revenue growing +61% — in hypergrowth territory. PEG 0.11 — paying under fair value for the growth rate. 5 sell-side analysts rate this a Buy with a mean 1-yr target of $6.45 (implying +23% upside).
Moat
Net margin 21% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 23% is above 15% — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 114% of net income — earnings translate cleanly into cash.
Risk
Beta 1.41 implies above-market volatility — position-size to the drawdowns this name will produce in a market correction, not to its bull-case return. Hedge-book exposure — many commodity producers hedge forward production; if the hedge book is concentrated at prices well below spot, the upside the market expects is already locked away.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where CENX and BTG diverge

On the headline score the gap is 9.3 points in favor of BTG. The widest single difference is Value, where BTG leads by 25.2 points.

Pillars run 0–100. Value is judged against each company's own sector, so a Value score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.

Common questions

Is BTG or CENX the better stock?

BTG scores higher: BTG 71.5, CENX 62.2 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.

Where do BTG and CENX differ most?

The widest gap is value, where BTG leads by 25 points on the 0–100 pillar scale. BTG also leads quality, while growth is effectively level between them.

How are BTG and CENX scored?

Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.

How current is this comparison?

The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.