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ASTL Stock Chart & Stats
C$6.09
-C$0.01(-0.16%)
At close: 4:00 PM EDT
C$6.09
-C$0.01(-0.16%)
Day’s Range― - ―
52-Week RangeC$4.20 - C$8.16
Previous CloseN/A
Volume264.45K
Average Volume (3M)1.10M
Market Cap
C$568.04M
Enterprise ValueC$1.66K
Total Cash (Recent Filing)C$77.60M
Total Debt (Recent Filing)C$916.90M
Price to Earnings (P/E)―
Beta1.82
Next Earnings
Nov 04, 2026EPS Estimate
-0.66Next Dividend Ex-DateN/A
Dividend Yield2.63%
Share Statistics
EPS (TTM)-9.19
Shares Outstanding105,388,620
10 Day Avg. Volume1,435,079
30 Day Avg. Volume1,099,421
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.25
Price to Sales (P/S)0.29
P/FCF Ratio-1.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$7.88Price Target Upside29.31% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)-3.11
Revenue Forecast (FY)C$1.28B
Bulls Say, Bears Say
Bulls Say
EAF Transition And Capacity TargetCompleting the electric-arc-furnace (EAF) transition is a durable structural improvement: it lowers carbon intensity ~70%, enables more flexible scrap-based inputs, and supports a long-term capacity target (~3.7 Mt). This reduces future regulatory and input-cost risks and positions Algoma for green-steel demand.
Record Plate Shipments And Better RealizationsA sustained shift toward higher-margin plate and improving per-ton realizations indicate structural product-mix improvement. Plate serves infrastructure, energy and defense niches with steadier demand, supporting longer-term margin recovery as EAF volumes scale and mix stays biased to value-added products.
Material Near-term Liquidity AvailableRobust near-term liquidity (cash, unused revolver, LETL availability plus anticipated tax refunds) provides durable runway to fund EAF commissioning, working capital and capex through ramp. This reduces imminent refinancing pressure and supports execution of the multi-quarter throughput improvement plan.
Bears Say
Persistent Negative Cash GenerationSustained operating cash outflows and deeply negative free cash flow materially increase reliance on external financing and liquidity draws during the multi-quarter ramp. This elevates execution risk, constrains reinvestment flexibility, and lengthens the timeline to self-funded recovery if volumes or realizations lag.
Increased Leverage And Weaker Equity BaseDebt rising while equity declined concentrates balance-sheet risk in a cyclical sector. Higher leverage reduces financial flexibility, increases interest and refinancing exposure, and makes the company more vulnerable to prolonged low-price cycles or slower-than-expected ramping of EAF throughput.
Elevated Unit Costs During RampRamp-related low utilization is a structural drag: higher per-ton costs until Unit 2 and full throughput are achieved compress margins and prolong losses. In a fragmented regional market with tariff dynamics, sustained higher unit costs weaken competitiveness and extend the cash-burn period during the transition.
Algoma Steel Group News
ASTL FAQ
What was Algoma Steel Group’s price range in the past 12 months?
Algoma Steel Group lowest stock price was C$4.20 and its highest was C$8.16 in the past 12 months.
What is Algoma Steel Group’s market cap?
Algoma Steel Group’s market cap is C$568.04M.
When is Algoma Steel Group’s upcoming earnings report date?
Algoma Steel Group’s upcoming earnings report date is Nov 04, 2026 which is in 93 days.
How were Algoma Steel Group’s earnings last quarter?
Algoma Steel Group released its earnings results on Jul 29, 2026. The company reported -C$0.88 earnings per share for the quarter, missing the consensus estimate of -C$0.849 by -C$0.031.
Is Algoma Steel Group overvalued?
According to Wall Street analysts Algoma Steel Group’s price is currently Undervalued.
Does Algoma Steel Group pay dividends?
Algoma Steel Group pays a Quarterly dividend of C$0.07 which represents an annual dividend yield of 2.63%. See more information on Algoma Steel Group dividends here
What is Algoma Steel Group’s EPS estimate?
Algoma Steel Group’s EPS estimate is -0.66.
How many shares outstanding does Algoma Steel Group have?
Algoma Steel Group has 105,388,620 shares outstanding.
What happened to Algoma Steel Group’s price movement after its last earnings report?
Algoma Steel Group reported an EPS of -C$0.88 in its last earnings report, missing expectations of -C$0.849. Following the earnings report the stock price went down -10.385%.
Which hedge fund is a major shareholder of Algoma Steel Group?
Currently, no hedge funds are holding shares in TSE:ASTL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Algoma Steel Group Stock Smart Score
Underperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
C$7.88 (29.31% Upside)
C$7.88 (29.31% Upside)
Blogger Sentiment
Neutral
TSE:ASTL Sentiment 50%
Sector Average 69%
Sector Average 69%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-61.57%
12-Months-Change
Fundamentals
Return on Equity
2.63%
Trailing 12-Months
Asset Growth
-32.62%
Trailing 12-Months
Company Description
Algoma Steel Group
Algoma Steel Group Inc. is a North American producer and vendor of various steel products. The company supplies an array of flat and sheet steel materials, including temper rolled, cold rolled, hot-rolled pickled and oiled, floor plate, and cut-to-length items. These are integral to the automotive sector, hollow structural product manufacturers, and both light manufacturing and transportation industries. Additionally, Algoma Steel offers plate steel, available in rolled, hot-rolled, and heat-treated conditions, which is utilized in constructing or fabricating railcars, buildings, bridges, heavy-duty off-highway equipment, storage tanks, ships, and for military applications. Established in 1901, Algoma Steel Group Inc. is headquartered in Sault Ste. Marie, Canada.
ASTL Company Deck
ASTL Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a mixed but improving picture: the company achieved a positive adjusted EBITDA headline, set consecutive record plate shipments, materially reduced tariff costs and advanced its EAF transition (Unit 2 nearing start-up), and maintains liquidity with expected near-term tax refunds. However, the quarter also showed large year-over-year declines in shipments and revenue, elevated per-ton costs during the ramp, significant operating losses and near-term downtime that will depress Q3 volumes. Several benefits (insurance proceeds, capacity adjustments) are non-recurring or in the process of being eliminated. Overall, the company appears to be progressing through a challenging but managed transformation with tangible signs of operational and financial improvement, while substantial transition-related headwinds remain.View all TSE:ASTL earnings summariesASTL Stock 12 Month Forecast
Average Price Target
C$7.88
▲(29.31% Upside)
Technical Analysis
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