Algoma Steel Group Future Growth
Future criteria checks 3/6
Algoma Steel Group is forecast to grow earnings and revenue by 66% and 0.9% per annum respectively. EPS is expected to grow by 96.4% per annum. Return on equity is forecast to be 9.5% in 3 years.
Key information
66.0%
Earnings growth rate
96.4%
EPS growth rate
| Metals and Mining earnings growth | 17.7% |
| Revenue growth rate | 0.9% |
| Future return on equity | 9.5% |
| Analyst coverage | Low |
| Last updated | 19 Apr 2024 |
Recent future growth updates
Recent updates
Algoma Steel Group (NASDAQ:ASTL) Is Reinvesting At Lower Rates Of Return
Jan 23
Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Nov 09Algoma Steel Group (NASDAQ:ASTL) Has Affirmed Its Dividend Of CA$0.05
Aug 15The Returns On Capital At Algoma Steel Group (NASDAQ:ASTL) Don't Inspire Confidence
Aug 01Algoma Steel Group (NASDAQ:ASTL) Is Paying Out A Dividend Of CA$0.05
Jun 28Improved Earnings Required Before Algoma Steel Group Inc. (NASDAQ:ASTL) Stock's 30% Jump Looks Justified
Feb 15Algoma Steel slumps after sees Q2 adjusted EBITDA $75M-$80M and decline in shipments amid production shortfall
Sep 28Algoma Steel Group goes ex-dividend tomorrow
Aug 29Is There An Opportunity With Algoma Steel Group Inc.'s (NASDAQ:ASTL) 31% Undervaluation?
Aug 04Algoma Steel Group GAAP EPS of C$1.49, revenue of C$934.1M
Aug 03Algoma Steel: Tender Offer Likely To Get Undersubscribed
Jun 22Algoma Steel Announces Massive Buyback, To Repurchase +30% In 30 Days
Jun 16Algoma Steel: Exceptional Steel Market Results In Record Performance
Feb 11Algoma Steel: Best Value In The Sector
Nov 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2026 | 2,963 | N/A | 266 | N/A | 2 |
| 3/31/2025 | 2,711 | 130 | 28 | 457 | 4 |
| 3/31/2024 | 2,763 | 75 | -244 | 241 | 4 |
| 12/31/2023 | 2,853 | 57 | -166 | 269 | N/A |
| 9/30/2023 | 2,805 | 72 | -246 | 188 | N/A |
| 6/30/2023 | 2,672 | 128 | -295 | 65 | N/A |
| 3/31/2023 | 2,779 | 299 | -156 | 177 | N/A |
| 12/31/2022 | 3,043 | 563 | 166 | 526 | N/A |
| 9/30/2022 | 3,540 | 754 | 678 | 973 | N/A |
| 6/30/2022 | 3,951 | 956 | 1,192 | 1,419 | N/A |
| 3/31/2022 | 3,806 | 858 | 1,097 | 1,263 | N/A |
| 12/31/2021 | 3,503 | 714 | 857 | 954 | N/A |
| 9/30/2021 | 2,868 | 519 | 501 | 586 | N/A |
| 6/30/2021 | 2,235 | 170 | 71 | 150 | N/A |
| 3/31/2021 | 1,795 | -76 | -64 | 8 | N/A |
| 3/31/2020 | 1,957 | -176 | -119 | -5 | N/A |
| 3/31/2019 | 2,698 | 32 | 187 | 276 | N/A |
| 9/30/2014 | 1,877 | -203 | N/A | 37 | N/A |
| 6/30/2014 | 1,768 | -366 | N/A | 40 | N/A |
| 3/31/2014 | 1,792 | -314 | N/A | 70 | N/A |
| 12/31/2013 | 1,813 | -270 | N/A | 84 | N/A |
| 9/30/2013 | 1,851 | -257 | N/A | 58 | N/A |
| 6/30/2013 | 1,798 | -225 | N/A | 19 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASTL's forecast earnings growth (66% per year) is above the savings rate (2.4%).
Earnings vs Market: ASTL's earnings (66% per year) are forecast to grow faster than the US market (14.1% per year).
High Growth Earnings: ASTL's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ASTL's revenue (0.9% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: ASTL's revenue (0.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ASTL's Return on Equity is forecast to be low in 3 years time (9.5%).