ASTL

Algoma Steel Group Inc.

Fundamental data last updated:June 4, 2026

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company profile

SECTOR

Basic Materials

industry

Steel

Exchange

NASDAQ

County of HQ

CA

Next Earnings Date

Not Scheduled

Business Summary

Algoma Steel Group Inc. produces and sells steel products primarily in North America. It 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. Marie, Canada.

 


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VALUATION

P/E

-0.60

Market Cap ($M USD)

$573.99M

Forward P/E

2.57

PEG

0.02

PRICE TO SALES

0.42

PRICE TO BOOK

1.67

EV / EBITDA

-3.28

5-Year Average P/E

Free Cash Flow Yield

-52.20%

DCF Value

$-8.58

Graham Number

N/A

Price to FCF

-1.92

EV to FCF

-3.94

Earnings Yield

-119.98%

FCF Yield

-52.20%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

-1.52%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$9.06

Next Year EPS Growth Estimate

$2.12

Next Year Revenue Growth Estimate

$338.47B

Return on Equity (ROE)

-125.09%

FREE CASH FLOW

Operating Margin

-69.36%

Debt-to-Equity

1.76

Piotroski F-Score

2

Altman Z-Score

-0.44

Return on Invested Capital (ROIC)

-80.02%

Current Ratio

2.18

Quick Ratio

1.03

Net Debt to EBITDA

-1.69

Interest Coverage

-22.76

Gross Profit margin

-36.07%

FCF PER SHARE

$-3.81

REVENUE PER SHARE

$17.16

Analyze ASTL on TradingView

Gainseekers Quantitative Analysis

Summary

ASTL Algoma Steel Group Inc. presents a perplexing valuation scenario. Despite a deeply negative DCF Value, the stock’s recent pricing indicated it traded well above this metric, suggesting a market mispricing. The Forward P/E of 2.42 implies some optimism for future earnings, yet the negative Earnings Yield and Altman Z-score of -0.90 scream financial distress. The company’s negative ROIC and operating margin further highlight execution challenges, raising red flags about its ability to generate shareholder value. Overall, the financial health appears precarious, with significant risks overshadowing potential growth.

AI Exposure / Tech Reliance

In the steel industry, ASTL's exposure to AI and tech shifts is minimal, given the sector's traditional focus. However, advancements in manufacturing technology could offer efficiency gains. The company must innovate to remain competitive in a rapidly evolving industrial landscape.

The Bull Case

For the bold value investor, ASTL offers a tantalizing opportunity. The Forward PEG ratio of 0.02 suggests the stock is undervalued relative to its growth potential. Despite a low Piotroski F-Score of 2, the company's current ratio of 2.18 indicates liquidity strength. If management can harness its capital efficiently, there's potential for significant upside as the market corrects its mispricing.

The Bear Case

However, the bear case is compelling. ASTL's negative EPS and operating margin of -37.25% highlight severe profitability issues. The Price/Book ratio of 1.56, while not exorbitant, doesn't compensate for the company's poor cash flow metrics, such as a negative FCF Yield. With the stock extended above its 50-Day and 200-Day SMAs, technical indicators suggest it's overbought, adding to the risk profile.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

1.55

Insider Buying % (6 Mo)

Distance to 52-Week High

32.45%

Distance to 52-Week Low

44.79%

EARNINGS SURPRISE %

-35.90%

50-DAY SMA

$4.63

200-DAY SMA

$4.36

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.