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Algoma Steel Group NasdaqGM:ASTL Stock Report

Last Price

US$7.71

Market Cap

US$820.3m

7D

-1.8%

1Y

6.9%

Updated

24 Apr, 2024

Data

Company Financials +

Algoma Steel Group Inc.

NasdaqGM:ASTL Stock Report

Market Cap: US$820.3m

ASTL Stock Overview

Algoma Steel Group Inc. produces and sells steel products primarily in North America.

ASTL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Algoma Steel Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Algoma Steel Group
Historical stock prices
Current Share PriceUS$7.71
52 Week HighUS$10.25
52 Week LowUS$6.35
Beta1.52
1 Month Change-5.40%
3 Month Change-7.89%
1 Year Change6.93%
3 Year Change-21.00%
5 Year Changen/a
Change since IPO-20.60%

Recent News & Updates

Algoma Steel Group (NASDAQ:ASTL) Is Reinvesting At Lower Rates Of Return

Jan 23
Algoma Steel Group (NASDAQ:ASTL) Is Reinvesting At Lower Rates Of Return

Recent updates

Algoma Steel Group (NASDAQ:ASTL) Is Reinvesting At Lower Rates Of Return

Jan 23
Algoma Steel Group (NASDAQ:ASTL) Is Reinvesting At Lower Rates Of Return

Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05

Nov 09
Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05

Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05

Aug 15
Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05

The Returns On Capital At Algoma Steel Group (NASDAQ:ASTL) Don't Inspire Confidence

Aug 01
The Returns On Capital At Algoma Steel Group (NASDAQ:ASTL) Don't Inspire Confidence

Algoma Steel Group (NASDAQ:ASTL) Is Paying Out A Dividend Of CA$0.05

Jun 28
Algoma Steel Group (NASDAQ:ASTL) Is Paying Out A Dividend Of CA$0.05

Improved Earnings Required Before Algoma Steel Group Inc. (NASDAQ:ASTL) Stock's 30% Jump Looks Justified

Feb 15
Improved Earnings Required Before Algoma Steel Group Inc. (NASDAQ:ASTL) Stock's 30% Jump Looks Justified

Algoma Steel slumps after sees Q2 adjusted EBITDA $75M-$80M and decline in shipments amid production shortfall

Sep 28

Algoma Steel Group goes ex-dividend tomorrow

Aug 29

Is There An Opportunity With Algoma Steel Group Inc.'s (NASDAQ:ASTL) 31% Undervaluation?

Aug 04
Is There An Opportunity With Algoma Steel Group Inc.'s (NASDAQ:ASTL) 31% Undervaluation?

Algoma Steel Group GAAP EPS of C$1.49, revenue of C$934.1M

Aug 03

Algoma Steel: Tender Offer Likely To Get Undersubscribed

Jun 22

Algoma Steel Announces Massive Buyback, To Repurchase +30% In 30 Days

Jun 16

Algoma Steel: Exceptional Steel Market Results In Record Performance

Feb 11

Algoma Steel: Best Value In The Sector

Nov 29

Shareholder Returns

ASTLUS Metals and MiningUS Market
7D-1.8%-3.7%1.2%
1Y6.9%17.8%24.9%

Return vs Industry: ASTL underperformed the US Metals and Mining industry which returned 17.8% over the past year.

Return vs Market: ASTL underperformed the US Market which returned 24.7% over the past year.

Price Volatility

Is ASTL's price volatile compared to industry and market?
ASTL volatility
ASTL Average Weekly Movement5.2%
Metals and Mining Industry Average Movement8.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: ASTL has not had significant price volatility in the past 3 months.

Volatility Over Time: ASTL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19012,847Mike Garciaalgoma.com

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste.

Algoma Steel Group Inc. Fundamentals Summary

How do Algoma Steel Group's earnings and revenue compare to its market cap?
ASTL fundamental statistics
Market capUS$820.33m
Earnings (TTM)US$41.46m
Revenue (TTM)US$2.08b

19.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASTL income statement (TTM)
RevenueCA$2.85b
Cost of RevenueCA$2.54b
Gross ProfitCA$314.90m
Other ExpensesCA$258.10m
EarningsCA$56.80m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.55
Gross Margin11.04%
Net Profit Margin1.99%
Debt/Equity Ratio10.1%

How did ASTL perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

51%

Payout Ratio
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