(ASTL) Algoma Steel - Ratings and Ratios
Exchange: NASDAQ • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA0156581070
ASTL: Flat Steel, Plate Steel, By-Products
Algoma Steel Group Inc. is a steel production company with a diverse product portfolio catering to various industries, including automotive, construction, and energy. The companys product range includes flat/sheet steel and plate steel, which are used in the manufacture of vehicles, railcars, buildings, bridges, and equipment for the energy sector. Additionally, Algoma Steel generates revenue from the sale of by-products, such as coke, slag, and scrap metal, which are utilized in various industrial applications.
With a history dating back to 1901, Algoma Steel has established itself as a significant player in the North American steel industry. The companys headquarters in Sault Ste. Marie, Canada, serves as a strategic location for its operations, providing access to raw materials and transportation infrastructure. Algoma Steels products are sold not only in Canada and the United States but also internationally, making it a global supplier in the steel market.
Analyzing the provided
Using the available data, a forecast can be constructed. Given the current price and the forward P/E ratio of 9.93, which is relatively reasonable for the steel industry, we can anticipate a potential rebound in the stock price if the company improves its profitability. The negative RoE of -12.88% indicates current operational challenges, but a forward-looking approach suggests that if Algoma Steel can return to profitability, the stock might attract investors. Based on the technical indicators, a potential target price could be around $6.50, representing a 23% increase from the current price, assuming the stock can break through the SMA50 resistance level and stabilize above it.
To achieve this forecast, Algoma Steel would need to demonstrate improved operational efficiency, potentially through cost reduction, increased production volumes, or better pricing for its products. The global demand for steel, particularly in the automotive and energy sectors, will also play a crucial role in the companys future performance. As the steel industry continues to evolve, Algoma Steels ability to adapt to changing market conditions and technological advancements will be critical to its success.
Additional Sources for ASTL Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
ASTL Stock Overview
Market Cap in USD | 604m |
Sector | Basic Materials |
Industry | Steel |
GiC Sub-Industry | Diversified Metals & Mining |
IPO / Inception | 2021-10-20 |
ASTL Stock Ratings
Growth Rating | -41.5 |
Fundamental | -74.0 |
Dividend Rating | 39.9 |
Rel. Strength | -27.4 |
Analysts | 3.75/5 |
Fair Price Momentum | 4.85 USD |
Fair Price DCF | - |
ASTL Dividends
Dividend Yield 12m | 3.62% |
Yield on Cost 5y | 2.82% |
Annual Growth 5y | 0.00% |
Payout Consistency | 97.5% |
ASTL Growth Ratios
Growth Correlation 3m | -54% |
Growth Correlation 12m | -40.6% |
Growth Correlation 5y | -34.6% |
CAGR 5y | -10.83% |
CAGR/Max DD 5y | -0.17 |
Sharpe Ratio 12m | -1.71 |
Alpha | -42.80 |
Beta | 1.096 |
Volatility | 71.14% |
Current Volume | 389.1k |
Average Volume 20d | 882.8k |
As of May 22, 2025, the stock is trading at USD 5.47 with a total of 389,142 shares traded.
Over the past week, the price has changed by -6.01%, over one month by +13.69%, over three months by -26.58% and over the past year by -31.05%.
No, based on ValueRay Fundamental Analyses, Algoma Steel (NASDAQ:ASTL) is currently (May 2025) a stock to sell. It has a ValueRay Fundamental Rating of -73.97 and therefor a negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ASTL as of May 2025 is 4.85. This means that ASTL is currently overvalued and has a potential downside of -11.33%.
Algoma Steel has received a consensus analysts rating of 3.75. Therefor, it is recommend to hold ASTL.
- Strong Buy: 0
- Buy: 3
- Hold: 1
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, ASTL Algoma Steel will be worth about 5.4 in May 2026. The stock is currently trading at 5.47. This means that the stock has a potential downside of -0.55%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 20 | 265.6% |
Analysts Target Price | 20 | 265.6% |
ValueRay Target Price | 5.4 | -0.5% |