Algoma Steel Group Inc

Company Profile

Algoma Steel Group Inc had its IPO on 2021-10-20 under the ticker symbol ASTL.

The company operates in the Basic Materials sector and Steel industry. Algoma Steel Group Inc has a staff strength of 0 employees.

Stock update

Shares of Algoma Steel Group Inc opened at $7.07 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $7.03 - $7.2, and closed at $7.03.

This is a -0.85% slip from the previous day's closing price.

A total volume of 255,362 shares were traded at the close of the day’s session.

In the last one week, shares of Algoma Steel Group Inc have slipped by -7.26%.

Algoma Steel Group Inc's Key Ratios

Algoma Steel Group Inc has a market cap of $778.83 million, indicating a price to book ratio of 0.5478 and a price to sales ratio of 0.1696.

In the last 12-months Algoma Steel Group Inc’s revenue was $3.04 billion with a gross profit of $1.51 billion and an EBITDA of $672.60 million. The EBITDA ratio measures Algoma Steel Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Algoma Steel Group Inc’s operating margin was 19.09% while its return on assets stood at 14.32% with a return of equity of 48.44%.

In Q4, Algoma Steel Group Inc’s quarterly earnings growth was a negative -91.1% while revenue growth was a negative 46.7%.

Algoma Steel Group Inc’s PE and PEG Ratio

Forward PE

10.8225

Trailing PE

3.8367

PEG

Its diluted EPS in the last 12-months stands at $1.96 per share while it has a forward price to earnings multiple of 10.8225 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Algoma Steel Group Inc’s profitability.

Algoma Steel Group Inc stock is trading at a EV to sales ratio of 0.0983 and a EV to EBITDA ratio of 0.3027. Its price to sales ratio in the trailing 12-months stood at 0.1696.

Algoma Steel Group Inc stock pays annual dividends of $0.265 per share, indicating a yield of 2.92% and a payout ratio of 16.53%.

Balance sheet and cash flow metrics

Total Assets

$2.55 billion

Total Liabilities

$415.70 million

Operating Cash Flow

$0

Capital Expenditure

$85.60 million

Dividend Payout Ratio

16.53%

Algoma Steel Group Inc ended 2024 with $2.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.55 billion while shareholder equity stood at $1.47 billion.

Algoma Steel Group Inc ended 2024 with $0 in deferred long-term liabilities, $415.70 million in other current liabilities, 958400000.00 in common stock, $239.60 million in retained earnings and $0 in goodwill. Its cash balance stood at $244.70 million and cash and short-term investments were $244.70 million. The company’s total short-term debt was $22,400,000 while long-term debt stood at $98.10 million.

Algoma Steel Group Inc’s total current assets stands at $1.52 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $263.70 million compared to accounts payable of $56.60 million and inventory worth $912.20 million.

In 2024, Algoma Steel Group Inc's operating cash flow was $0 while its capital expenditure stood at $85.60 million.

Comparatively, Algoma Steel Group Inc paid $0.17 in dividends in 2024.

Other key metrics

Current Trading Price

$7.03

52-Week High

$9.7472

52-Week Low

$5.6022

Analyst Target Price

$13.8

Algoma Steel Group Inc stock is currently trading at $7.03 per share. It touched a 52-week high of $9.7472 and a 52-week low of $9.7472. Analysts tracking the stock have a 12-month average target price of $13.8.

Its 50-day moving average was $7.22 and 200-day moving average was $7.2 The short ratio stood at 7.18 indicating a short percent outstanding of 0%.

Around 1083.1% of the company’s stock are held by insiders while 7510.8% are held by institutions.