Algoma Steel Group Stock Today
| ASTL Stock | USD 6.51 0.16 2.52% |
PerformanceVery Weak
| Odds Of DistressBelow Average
|
Algoma Steel is selling for 6.51 as of the 20th of March 2025. This is a 2.52 percent increase since the beginning of the trading day. The stock's lowest day price was 6.35. Algoma Steel has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Algoma Steel Group Inc. produces and sells steel products primarily in North America. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Algoma Steel operates under Steel classification in the United States and is traded on NASDAQ Exchange. The company has 104.86 M outstanding shares of which 4.06 M shares are presently shorted by private and institutional investors with about 4.79 trading days to cover. More on Algoma Steel Group
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Algoma Stock Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Steel Works Etc, Steel, Basic Materials, Iron, Materials, Metals & Mining, Steel, Basic Materials (View all Sectors) |
Algoma Steel Group (ASTL) is traded on NASDAQ Exchange in USA. It is located in 105 West Street, Sault Ste. Marie, ON, Canada, P6A 7B4 and employs 2,818 people. Algoma Steel is listed under Steel Works Etc category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 665.85 M. Algoma Steel Group conducts business under Metals & Mining sector and is part of Materials industry. The entity has 104.86 M outstanding shares of which 4.06 M shares are presently shorted by private and institutional investors with about 4.79 trading days to cover.
Algoma Steel Group currently holds about 1.14 B in cash with 294.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.79, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationAlgoma Steel holds a total of 104.86 Million outstanding shares. The majority of Algoma Steel Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Algoma Steel Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Algoma Steel. Please pay attention to any change in the institutional holdings of Algoma Steel Group as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Algoma Steel Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Algoma Steel market risk premium is the additional return an investor will receive from holding Algoma Steel long position in a well-diversified portfolio.
| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.6927 |
Algoma Stock Against Markets
Algoma Steel Corporate Management
| Michael Garcia | CEO Director | Profile | |
| Rory Brandow | Vice Sales | Profile | |
| Mike Panzeri | Senior Production | Profile | |
| Loris Molino | VP Services | Profile | |
| Piper Frech | Interim Officer | Profile | |
| Brenda Stenta | Manager Branding | Profile | |
| Michael Panzeri | Senior Production | Profile |
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The danger of trading Algoma Steel Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Algoma Steel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Algoma Steel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Algoma Steel Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Algoma Steel Group is a strong investment it is important to analyze Algoma Steel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Algoma Steel's future performance. For an informed investment choice regarding Algoma Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Algoma Steel Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Steel Works Etc space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algoma Steel. If investors know Algoma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algoma Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Algoma Steel Group is measured differently than its book value, which is the value of Algoma that is recorded on the company's balance sheet. Investors also form their own opinion of Algoma Steel's value that differs from its market value or its book value, called intrinsic value, which is Algoma Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algoma Steel's market value can be influenced by many factors that don't directly affect Algoma Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algoma Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.