Algoma Steel Group Stock Analysis
| ASTL Stock | 15.02 0.10 0.67% |
Algoma Steel Group is fairly valued with Real Value of 14.98 and Hype Value of 14.97. The main objective of Algoma Steel stock analysis is to determine its intrinsic value, which is an estimate of what Algoma Steel Group is worth, separate from its market price. There are two main types of Algoma Steel's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Algoma Steel's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Algoma Steel's stock to identify patterns and trends that may indicate its future price movements.
The Algoma Steel stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Algoma Steel is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Algoma Stock trading window is adjusted to America/Toronto timezone.
Algoma |
Algoma Stock Analysis Notes
About 76.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.11. Some equities with similar Price to Book (P/B) outperform the market in the long run. Algoma Steel Group recorded a loss per share of 1.45. The entity last dividend was issued on the 27th of November 2024. For more info on Algoma Steel Group please contact Michael Garcia at 705 945 2351 or go to https://algoma.com.Algoma Steel Quarterly Total Revenue |
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Algoma Steel Group Investment Alerts
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: PCJ Investment Counsel Ltd. Makes New 1.88 Million Investment in Algoma Steel Group Inc. - MarketBeat |
Algoma Largest EPS Surprises
Earnings surprises can significantly impact Algoma Steel's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-13 | 2024-06-30 | -0.04 | -0.07 | -0.03 | 75 | ||
2023-11-02 | 2023-09-30 | 0.31 | 0.24 | -0.07 | 22 | ||
2022-11-07 | 2022-09-30 | 0.46 | 0.36 | -0.1 | 21 |
Algoma Steel Thematic Classifications
In addition to having Algoma Steel stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | IronSteel and Iron production |
Algoma Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.57 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Algoma Steel's market, we take the total number of its shares issued and multiply it by Algoma Steel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Algoma Profitablity
Algoma Steel's profitability indicators refer to fundamental financial ratios that showcase Algoma Steel's ability to generate income relative to its revenue or operating costs. If, let's say, Algoma Steel is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Algoma Steel's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Algoma Steel's profitability requires more research than a typical breakdown of Algoma Steel's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.17) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.17. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.07 | 0.08 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.07 | 0.09 |
Management Efficiency
Algoma Steel Group has return on total asset (ROA) of (0.0352) % which means that it has lost $0.0352 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.104) %, meaning that it generated substantial loss on money invested by shareholders. Algoma Steel's management efficiency ratios could be used to measure how well Algoma Steel manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of December 2024, Return On Tangible Assets is likely to grow to 0.04. Also, Return On Capital Employed is likely to grow to 0.08. At this time, Algoma Steel's Net Tangible Assets are very stable compared to the past year. As of the 1st of December 2024, Other Assets is likely to grow to about 7.5 M, while Total Assets are likely to drop about 2.3 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.00 | 10.50 | |
| Tangible Book Value Per Share | 9.99 | 10.49 | |
| Enterprise Value Over EBITDA | 5.99 | 5.03 | |
| Price Book Value Ratio | 1.17 | 1.23 | |
| Enterprise Value Multiple | 5.99 | 5.03 | |
| Price Fair Value | 1.17 | 1.23 | |
| Enterprise Value | 1.8 B | 3.4 B |
Leadership effectiveness at Algoma Steel Group is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.0187 | Operating Margin (0.17) | Profit Margin (0.06) | Forward Dividend Yield 0.0187 | Beta 1.493 |
Technical Drivers
As of the 1st of December, Algoma Steel shows the risk adjusted performance of 0.0712, and Mean Deviation of 1.67. Algoma Steel Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Algoma Steel Group Price Movement Analysis
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Algoma Steel Outstanding Bonds
Algoma Steel issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Algoma Steel Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Algoma bonds can be classified according to their maturity, which is the date when Algoma Steel Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Algoma Steel Predictive Daily Indicators
Algoma Steel intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Algoma Steel stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Algoma Steel Forecast Models
Algoma Steel's time-series forecasting models are one of many Algoma Steel's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Algoma Steel's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Algoma Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Algoma Steel prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Algoma shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Algoma Steel. By using and applying Algoma Stock analysis, traders can create a robust methodology for identifying Algoma entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.05 | 0.05 | |
| Operating Profit Margin | 0.06 | 0.04 | |
| Net Profit Margin | 0.04 | 0.04 | |
| Gross Profit Margin | 0.11 | 0.07 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Algoma Steel to your portfolios without increasing risk or reducing expected return.Did you try this?
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