ASTL:TSX-Algoma Steel Group Inc (CAD)

COMMON STOCK | Steel | TSX

Last Closing Price

CAD 12.11

Change

0.00 (0.00)%

Market Cap

CAD 1.28B

Volume

0.11M

Avg Analyst Target

CAD 15.28 (+26.16%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


ASTL Stock Forecast & Price:
Based on the Algoma Steel Group Inc stock forecasts from 4 analysts, the average analyst target price for Algoma Steel Group Inc is CAD 15.28 over the next 12 months. Algoma Steel Group Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Algoma Steel Group Inc is Very Bullish, which is based on 11 positive signals and 1 negative signals. At the last closing, Algoma Steel Group Inc’s stock price was CAD 12.11. Algoma Steel Group Inc’s stock price has changed by -0.82% over the past week, +2.71% over the past month and 0% over the last year.

About Algoma Steel Group Inc (ASTL:CA:TSX)

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 s ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-08-14 )

Largest Industry Peers for Steel

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
STLC:CA Stelco Holdings Inc

N/A

CAD2.54B 1.49 0.75
CIA:CA Champion Iron Ltd

N/A

CAD2.40B 7.15 4.25
LIF:CA Labrador Iron Ore Royalty Corp

N/A

CAD1.90B 5.76 9.48
TSL:CA Tree Island Steel Ltd.

N/A

CAD0.11B 1.08 1.13

ETFs Containing ASTL:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Steel)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -10.82% 60% D- 45% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -10.82% 40% F 41% F
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 1.28B 40% F 70% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Steel)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 1.32 80% B- 96% A
Price/Book Ratio 0.91 80% B- 71% C-
Price / Cash Flow Ratio 1.01 100% A+ 70% C-
EV/EBITDA 0.15 100% A+ 70% C-
Management Effectiveness  
Return on Equity 107.75% 80% B- 99% A+
Return on Invested Capital 90.14% 80% B- 99% A+
Return on Assets 38.93% 80% B- 100% A+
Debt to Equity Ratio 5.38% 75% C 87% B+
Technical Ratios  
Dividend Yield 2.12% 20% F 25% F
Short Ratio 6.24 20% F 33% F
Short Percent 2.86% 40% F 26% F
Beta N/A N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.