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Algoma Steel Group NasdaqGM:ASTL Stock Report

Last Price

US$9.45

Market Cap

US$986.0m

7D

9.0%

1Y

34.4%

Updated

02 Aug, 2024

Data

Company Financials +

Algoma Steel Group Inc.

NasdaqGM:ASTL Stock Report

Market Cap: US$986.0m

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$9.45
52 Week HighUS$10.25
52 Week LowUS$6.35
Beta1.48
11 Month Change33.47%
3 Month Change21.00%
1 Year Change34.42%
33 Year Change-8.70%
5 Year Changen/a
Change since IPO-2.68%

Recent News & Updates

Recent updates

There's No Escaping Algoma Steel Group Inc.'s (NASDAQ:ASTL) Muted Earnings Despite A 28% Share Price Rise

Aug 01
There's No Escaping Algoma Steel Group Inc.'s (NASDAQ:ASTL) Muted Earnings Despite A 28% Share Price Rise

Why Algoma Steel Group's (NASDAQ:ASTL) Shaky Earnings Are Just The Beginning Of Its Problems

Jun 27
Why Algoma Steel Group's (NASDAQ:ASTL) Shaky Earnings Are Just The Beginning Of Its Problems

Algoma Steel: Canadian Steel At 3.5 Times The LTM EBITDA

Jun 26

Algoma Steel Group (NASDAQ:ASTL) Has Announced A Dividend Of CA$0.05

Jun 26
Algoma Steel Group (NASDAQ:ASTL) Has Announced A Dividend Of CA$0.05

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
7D9.0%-4.5%-2.9%
1Y34.4%9.4%16.6%

Return vs Industry: ASTL exceeded the US Metals and Mining industry which returned 12.5% over the past year.

Return vs Market: ASTL exceeded the US Market which returned 18.6% over the past year.

Price Volatility

Is ASTL's price volatile compared to industry and market?
ASTL volatility
ASTL Average Weekly Movement5.8%
Metals and Mining Industry Average Movement7.9%
Market Average Movement6.1%
10% most volatile stocks in US Market14.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: ASTL's share price has been volatile over the past 3 months.

Volatility Over Time: ASTL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19012,844Mike 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, as well as energy and mining 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$986.05m
Earnings (TTM)US$75.88m
Revenue (TTM)US$2.02b

13.0x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASTL income statement (TTM)
RevenueCA$2.80b
Cost of RevenueCA$2.49b
Gross ProfitCA$306.90m
Other ExpensesCA$201.70m
EarningsCA$105.20m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.01
Gross Margin10.98%
Net Profit Margin3.76%
Debt/Equity Ratio9.6%

How did ASTL perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

28%

Payout Ratio
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