ASTL:NSD-Algoma Steel Group Inc. Common Shares (USD)

COMMON STOCK | Steel | NSD

Last Closing Price

USD 9.43

Change

+0.30 (+3.29)%

Market Cap

USD 1.38B

Volume

0.44M

Avg Analyst Target

USD 17.00 (+80.28%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Algoma Steel Group Inc. Common Shares (ASTL) Stock Analysis:
Based on the Algoma Steel Group Inc. Common Shares stock forecasts from 1 analysts, the average analyst target price for Algoma Steel Group Inc. Common Shares is USD 17.00 over the next 12 months. Algoma Steel Group Inc. Common Shares’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Algoma Steel Group Inc. Common Shares is Slightly Bullish , which is based on 6 positive signals and 5 negative signals. At the last closing, Algoma Steel Group Inc. Common Shares’s stock price was USD 9.43. Algoma Steel Group Inc. Common Shares’s stock price has changed by +2.61% over the past week, -3.68% over the past month and 0% over the last year.

About

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, floor plate, and cut-to-length products for the automotive industry; and plate steel products that consi ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2022-05-25 )

Largest Industry Peers for Steel

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
STLD Steel Dynamics Inc

+2.54 (+3.25%)

USD14.74B 4.06 2.94
SCHN Schnitzer Steel Industries Inc

+1.27 (+3.36%)

USD1.04B 5.91 4.41
ZEUS Olympic Steel Inc

+0.53 (+1.53%)

USD0.39B 2.99 3.27
SYNL Synalloy Corporation

+0.04 (+0.25%)

USD0.16B 5.24 5.33
USAP Universal Stainless & Alloy Pr..

+0.37 (+4.73%)

USD0.07B 33.36 6.74
ZKIN ZK International Group Co. Ltd

-0.02 (-1.60%)

USD0.04B 15.97 16.80
OSN Ossen Innovation Co. Ltd

N/A

USD0.03B 3.01 3.98
ASTLW Algoma Steel Group Inc. Warran..

+0.12 (+5.50%)

N/A N/A N/A

ETFs Containing ASTL

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 -12.77% 38% F 59% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -12.77% 38% F 58% 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 1.38B 86% B 75% 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 1.77 100% A+ 91% A-
Price/Book Ratio 2.05 29% F 41% F
Price / Cash Flow Ratio 170.95 14% F 2% F
EV/EBITDA 0.90 100% A+ 84% B
Management Effectiveness  
Return on Equity N/A N/A N/A N/A N/A
Return on Invested Capital 8.97% 38% F 72% C-
Return on Assets N/A N/A N/A N/A N/A
Debt to Equity Ratio 302.47% 14% F 8% F
Technical Ratios  
Dividend Yield 2.25% 100% A+ 43% F
Short Ratio 2.84 57% F 54% F
Short Percent N/A N/A N/A N/A N/A
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 (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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.

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.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector