Algoma Steel Group Inc. (ASTL)

NASDAQ: ASTL · IEX Real-Time Price · USD
+0.01 (0.12%)
At close: Dec 4, 2023, 4:00 PM
-0.12 (-1.39%)
After-hours: Dec 4, 2023, 4:55 PM EST

Total Valuation

ASTL has a market cap or net worth of $894.83 million. The enterprise value is $834.02 million.

Market Cap 894.83M
Enterprise Value 834.02M

Important Dates

The last earnings date was Thursday, November 2, 2023, after market close.

Earnings Date Nov 2, 2023
Ex-Dividend Date Nov 29, 2023

Share Statistics

ASTL has 103.57 million shares outstanding. The number of shares has decreased by -29.98% in one year.

Shares Outstanding 103.57M
Shares Change (YoY) -29.98%
Shares Change (QoQ) +0.03%
Owned by Insiders (%) 10.83%
Owned by Institutions (%) 67.24%
Float 94.15M

Valuation Ratios

The trailing PE ratio is 45.03 and the forward PE ratio is 10.38.

PE Ratio 45.03
Forward PE 10.38
PS Ratio 0.43
Forward PS 0.34
PB Ratio 0.75
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 15.68
EV / Sales 0.40
EV / EBITDA 4.93
EV / EBIT 8.68
EV / FCF n/a

Financial Position

The company has a current ratio of 3.24, with a Debt / Equity ratio of 0.08.

Current Ratio 3.24
Quick Ratio 1.18
Debt / Equity 0.08
Debt / EBITDA 0.59
Debt / FCF n/a
Interest Coverage 6.71

Financial Efficiency

Return on equity (ROE) is 4.70% and return on invested capital (ROIC) is 5.83%.

Return on Equity (ROE) 4.70%
Return on Assets (ROA) 2.80%
Return on Capital (ROIC) 5.83%
Revenue Per Employee $729,813
Profits Per Employee $18,681
Employee Count 2,847
Asset Turnover 1.09
Inventory Turnover 3.02


In the past 12 months, ASTL has paid $28.78 million in taxes.

Income Tax 28.78M
Effective Tax Rate 35.11%

Stock Price Statistics

The stock price has increased by +31.91% in the last 52 weeks. The beta is 1.46, so ASTL's price volatility has been higher than the market average.

Beta (1Y) 1.46
52-Week Price Change +31.91%
50-Day Moving Average 7.17
200-Day Moving Average 7.37
Relative Strength Index (RSI) 78.97
Average Volume (30 Days) 478,322

Short Selling Information

The latest short interest is 3.54 million, so 3.42% of the outstanding shares have been sold short.

Short Interest 3.54M
Short Previous Month 3.87M
Short % of Shares Out 3.42%
Short % of Float 3.76%
Short Ratio (days to cover) 6.18

Income Statement

In the last 12 months, ASTL had revenue of $2.08 billion and earned $53.19 million in profits. Earnings per share was $0.19.

Revenue 2.08B
Gross Profit 190.55M
Operating Income 115.94M
Pretax Income 81.77M
Net Income 53.19M
EBITDA 169.07M
EBIT 96.08M
Earnings Per Share (EPS) $0.19
Full Income Statement

Balance Sheet

The company has $160.51 million in cash and $99.70 million in debt, giving a net cash position of $60.81 million or $0.59 per share.

Cash & Cash Equivalents 160.51M
Total Debt 99.70M
Net Cash 60.81M
Net Cash Per Share $0.59
Equity / Book Value 1.19B
Book Value Per Share 11.48
Working Capital 727.86M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $138.67 million and capital expenditures -$316.74 million, giving a free cash flow of -$178.07 million.

Operating Cash Flow 138.67M
Capital Expenditures -316.74M
Free Cash Flow -178.07M
FCF Per Share -$1.72
Full Cash Flow Statement


Gross margin is 9.17%, with operating and profit margins of 5.58% and 2.56%.

Gross Margin 9.17%
Operating Margin 5.58%
Pretax Margin 3.94%
Profit Margin 2.56%
EBITDA Margin 8.14%
EBIT Margin 4.62%
FCF Margin -8.57%

Dividends & Yields

This stock pays an annual dividend of $0.20, which amounts to a dividend yield of 2.32%.

Dividend Per Share $0.20
Dividend Yield 2.32%
Earnings Yield 5.94%
FCF Yield -19.90%
Dividend Growth (YoY) n/a
Payout Ratio 103.82%
Buyback Yield 29.98%
Shareholder Yield 32.29%
Dividend Details

Analyst Forecast

The average price target for ASTL is $14.25, which is 64.93% higher than the current price. The consensus rating is "Strong Buy".

Price Target $14.25
Price Target Difference 64.93%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) 3.62%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a


ASTL has an Altman Z-Score of 2.48 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.48
Piotroski F-Score 7