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ASTL Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
4.415
Open
4.270
VWAP
4.31
Vol
1.66M
Mkt Cap
451.22M
Low
4.220
Amount
7.17M
EV/EBITDA(TTM)
--
Total Shares
104.93M
EV
986.74M
EV/OCF(TTM)
--
P/S(TTM)
0.23
Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. The Company offers a wide range of steel plate products, which include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip, and The Heavies. Its sheet products include Hot Rolled Sheet - DSPC, AR200, and Cold Rolled Sheet. The Company has a raw steel production capacity of an estimated over 2.8 million liquid tons per year. Its Direct Strip Production Complex is a continuous casting and rolling mill, producing high-quality hot-rolled sheet steel directly from liquid steel. The Company also generates by-products from its operations.
Show More

Events Timeline

(ET)
2026-01-26
12:50:00
Algoma Steel Enters $250M Strategic Agreement with Hanwha Ocean
select
2026-01-08 (ET)
2026-01-08
17:40:00
Algoma Steel Group Provides Q4 2025 Guidance
select
2025-12-22 (ET)
2025-12-22
08:50:00
Polestar Automotive (PSNY) Sees Borrow Rate Surge 211.69%
select
2025-11-17 (ET)
2025-11-17
08:12:45
Algoma Steel Finalizes $500 Million Government Financing Deal
select
2025-10-29 (ET)
2025-10-29
17:03:38
Algoma Steel Announces Q3 Revenue of C$523.9M, Down from C$600.3M Last Year
select
2025-10-29
17:02:23
Algoma Steel's CEO Announces Retirement
select

News

Newsfilter
9.5
02-26Newsfilter
Algoma Steel Group to Release 2025 Financial Results on March 11
  • Financial Release Schedule: Algoma Steel Group will release its fourth quarter and full year financial results for 2025 after market close on March 11, 2026, reflecting the company's ongoing commitment to transparency and investor communication.
  • Conference Call Details: A webcast and conference call will be held on March 12, 2026, at 11:00 a.m. Eastern Time to discuss the financial results and recent events, which is expected to attract significant attention from investors and analysts.
  • Sustainability Strategy: Algoma is transitioning to electric arc furnace (EAF) steelmaking, which is anticipated to reduce carbon emissions by approximately 70%, aligning with environmental trends and enhancing the company's competitive position in the market.
  • Brand Innovation: The newly launched Volta™ brand represents steel produced through Algoma's EAF technology, promising the same performance with significantly lower emissions, further solidifying the company's leadership in sustainable steel manufacturing.
Fool
8.5
02-24Fool
MMCAP Increases Stake in NexGen Energy by 2.38 Million Shares
  • Share Increase: According to a February 9, 2026 SEC filing, MMCAP International Inc. SPC increased its stake in NexGen Energy Ltd. by 2,379,891 shares during Q4 2025, with an estimated transaction value of approximately $21.01 million, indicating confidence in the company's growth potential.
  • Asset Allocation: NexGen Energy now accounts for 2.23% of MMCAP's 13F reportable assets, suggesting a growing position in MMCAP's portfolio that could influence future investment decisions and market performance.
  • Market Performance: As of February 8, 2026, NexGen Energy's shares were priced at $11.04, reflecting a 71.2% increase over the past year, outperforming the S&P 500 by 57.21 percentage points, showcasing optimistic market expectations regarding uranium supply and nuclear energy demand.
  • Project Outlook: NexGen's Rook I project, located in Saskatchewan's Athabasca Basin, has significant high-grade uranium resource development potential, although it is not yet producing; future success hinges on regulatory approvals and securing capital, highlighting the strategic importance of long-term investments.
NASDAQ.COM
8.5
02-24NASDAQ.COM
MMCAP International Increases Stake in NexGen Energy
  • Increased Holdings: MMCAP International Inc. SPC added 2,379,891 shares of NexGen Energy in Q4 2025, with an estimated transaction value of approximately $21.01 million, indicating the company's bullish outlook on the future uranium market.
  • Asset Value Growth: Post-transaction, MMCAP's total holdings in NexGen reached 2,429,898 shares valued at $22.36 million, reflecting a $21.91 million increase from the previous quarter, showcasing the positive impact of rising uranium prices on the investment portfolio.
  • Strong Market Performance: As of February 8, 2026, NexGen Energy's stock price stood at $11.04, up 71.2% over the past year, significantly outperforming the S&P 500 by 57.21 percentage points, indicating a resurgence in the uranium sector and increased investor confidence.
  • Strategic Implications: NexGen Energy focuses on uranium exploration and development, with its Rook I project located in one of the world's highest-grade uranium regions in Saskatchewan; while not yet in production, its future potential hinges on regulatory approvals and capital acquisition, reflecting a focus on long-term nuclear energy demand.
seekingalpha
8.5
02-13seekingalpha
Trump Considers Rolling Back Steel and Aluminum Tariffs, Boosting Algoma Steel Shares
  • Stock Surge: Algoma Steel (ASTL) saw an 11.1% increase in Friday's trading, primarily driven by reports of Trump considering rolling back steel and aluminum tariffs, indicating a positive market reaction to potential policy changes.
  • Tariff Impact: Trump's 50% tariffs on imported steel and aluminum aim to curb the flow of Chinese metals, yet U.S. Commerce Department officials believe these tariffs are raising consumer prices for goods like auto parts and food cans, highlighting a conflict between trade policy and consumer interests.
  • Market Response: Unlike U.S. steelmakers, Algoma Steel's shares surged on the potential tariff rollback news, although the stock remains down 45% from a year ago, reflecting ongoing pressures from tariffs and duties imposed by its largest trading partner.
  • Competitive Pressure: In the U.S. market, Steel Dynamics (STLD) and Nucor (NUE) fell by 3.4% and 2.6%, respectively, illustrating the negative impact of tariff policies on the industry, while Algoma Steel's rise underscores its relative advantage in the current environment.
seekingalpha
7.5
01-27seekingalpha
Algoma Steel Signs MOU with Hanwha Ocean for C$345M Investment
  • Investment Agreement Signed: Algoma Steel's memorandum of understanding with Hanwha Ocean secures up to C$345 million (US$250 million) for a new structural steel beam mill in Ontario, reflecting strong confidence in future production capacity expansion.
  • Funding Allocation Details: Of the committed C$345 million, approximately C$275 million is earmarked for the development of the beam mill, while the remaining funds will support Algoma Steel's other products, indicating a strategic focus on product diversification.
  • Sales Revenue Sharing Terms: The agreement stipulates that Algoma Steel will make annual payments to Hanwha Ocean equal to 3% of the net sales from the beam mill for 10 years post-operation, which will directly impact the company's cash flow and profitability.
  • Project Dependency: The effectiveness of the MOU is contingent upon Hanwha winning an order to build up to 12 submarines for the Royal Canadian Navy, emphasizing the close ties to government projects and commitment to local investment.
NASDAQ.COM
2.0
01-15NASDAQ.COM
Algoma Steel Group Inc. (ASTL) Stock Rises 7.8%, Ideal for Momentum Investing
  • Price Increase: Algoma Steel Group's stock has risen 7.8% over the past four weeks, reflecting growing investor interest and enhancing its market appeal.
  • Long-Term Momentum: The stock gained 4.7% over the past 12 weeks, indicating not only strong short-term performance but also sustained upward potential, making it suitable for long-term momentum investors.
  • Momentum Score: With a Momentum Score of B, Algoma Steel is positioned as an attractive entry point for investors, suggesting a high probability of success and drawing further market attention.
  • Reasonable Valuation: Despite its fast-paced momentum, Algoma Steel trades at a Price-to-Sales ratio of just 0.31, meaning investors pay only 31 cents for each dollar of sales, indicating significant room for growth.
Wall Street analysts forecast ASTL stock price to rise
3 Analyst Rating
Wall Street analysts forecast ASTL stock price to rise
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
4.43
Averages
5.79
High
8.49
Current: 0.000
sliders
Low
4.43
Averages
5.79
High
8.49
Jefferies
Hold
initiated
$6
AI Analysis
2026-01-02
Reason
Jefferies
Price Target
$6
AI Analysis
2026-01-02
initiated
Hold
Reason
Jefferies initiated coverage of Algoma Steel with a Hold rating and C$6 price target. The company is transitioning its steelmaking, which should increase its volumes from higher value-add products and improve through-cycle margins, the analyst tells investors in a research note. Jefferies cites the "challenging" Canadian steel market dynamics as a result of tariffs for the Hold rating.
Stifel
Buy
downgrade
$13
2025-09-30
Reason
Stifel
Price Target
$13
2025-09-30
downgrade
Buy
Reason
Stifel lowered the firm's price target on Algoma Steel to C$10.75 from C$13 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for ASTL
Unlock Now

Valuation Metrics

The current forward P/E ratio for Algoma Steel Group Inc (ASTL.O) is -2.18, compared to its 5-year average forward P/E of -4.80. For a more detailed relative valuation and DCF analysis to assess Algoma Steel Group Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-4.80
Current PE
-2.18
Overvalued PE
16.44
Undervalued PE
-26.04

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
4.73
Current EV/EBITDA
-5.34
Overvalued EV/EBITDA
19.86
Undervalued EV/EBITDA
-10.40

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
0.39
Current PS
0.35
Overvalued PS
0.53
Undervalued PS
0.24

Financials

AI Analysis
Annual
Quarterly

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Whales Holding ASTL

M
Maple Rock Capital Partners Inc.
Holding
ASTL
+22.09%
3M Return
S
Scheer, Rowlett & Associates Investment Management Ltd.
Holding
ASTL
+8.90%
3M Return
G
GoldenTree Asset Management LP
Holding
ASTL
-6.20%
3M Return
D
Donald Smith & Co., Inc.
Holding
ASTL
-18.80%
3M Return

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Frequently Asked Questions

What is Algoma Steel Group Inc (ASTL) stock price today?

The current price of ASTL is 4.3 USD — it has decreased -0.92

What is Algoma Steel Group Inc (ASTL)'s business?

Algoma Steel Group Inc. is a Canada-based integrated producer of hot and cold rolled steel products including sheet and plate. The Company delivers responsive, customer-driven product solutions for applications in the automotive, construction, energy, defense, and manufacturing sectors. It is a key supplier of steel products to customers in North America and is the producer of discrete plate products in Canada. The Company offers a wide range of steel plate products, which include AR225, Heat Treated Plate, AlgoLaser, AlgoGrip, and The Heavies. Its sheet products include Hot Rolled Sheet - DSPC, AR200, and Cold Rolled Sheet. The Company has a raw steel production capacity of an estimated over 2.8 million liquid tons per year. Its Direct Strip Production Complex is a continuous casting and rolling mill, producing high-quality hot-rolled sheet steel directly from liquid steel. The Company also generates by-products from its operations.

What is the price predicton of ASTL Stock?

Wall Street analysts forecast ASTL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASTL is5.79 USD with a low forecast of 4.43 USD and a high forecast of 8.49 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Algoma Steel Group Inc (ASTL)'s revenue for the last quarter?

Algoma Steel Group Inc revenue for the last quarter amounts to 523.90M USD, decreased -12.73

What is Algoma Steel Group Inc (ASTL)'s earnings per share (EPS) for the last quarter?

Algoma Steel Group Inc. EPS for the last quarter amounts to -4.46 USD, increased 355.10

How many employees does Algoma Steel Group Inc (ASTL). have?

Algoma Steel Group Inc (ASTL) has 2818 emplpoyees as of March 11 2026.

What is Algoma Steel Group Inc (ASTL) market cap?

Today ASTL has the market capitalization of 451.22M USD.