Algoma Steel Group (TSE:ASTL)
TSX:ASTL
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ASTL Stock Chart & Stats
C$6.50
-C$0.42(-3.39%)
At close: 4:00 PM EST
C$6.50
-C$0.42(-3.39%)
Day’s Range― - ―
52-Week RangeC$4.20 - C$9.92
Previous CloseN/A
Volume25.23K
Average Volume (3M)1.10M
Market Cap
C$690.30M
Enterprise ValueC$1.65B
Total Cash (Recent Filing)C$77.60M
Total Debt (Recent Filing)C$916.90M
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Aug 04, 2026EPS Estimate
-0.88Next Dividend Ex-DateN/A
Dividend Yield4.87%
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$8.50Price Target Upside30.77% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)-3.17
Revenue Forecast (FY)C$1.46B
Bulls Say, Bears Say
Bulls Say
EAF Ramp-up And Low-carbon Production PlatformSuccessful EAF commissioning establishes a modern, lower‑carbon meltshop and a scalable production base. Over months this reduces reliance on legacy blast‑furnace inputs, lowers long‑run energy and maintenance needs, and supports competitive cost/ESG positioning with more predictable metallurgical quality.
Higher‑value Plate Mix With Improved Per‑tonne RealizationA deliberate mix shift toward plate and value‑added products drives higher realizations and helps insulate margins from coil oversupply. Structural demand for plate in infrastructure, energy and construction is less elastic than commodity coil, supporting steadier margin recovery over the medium term.
Substantial Liquidity And Working‑capital ImprovementElevated liquidity and a meaningful working‑capital release provide a durable buffer to execute the EAF transition and absorb cyclical weakness. That cash headroom reduces near‑term refinancing pressure and supports maintenance capex, JV execution, and legal or tariff contingencies over coming months.
Bears Say
Higher Leverage And Eroded Equity BaseMaterial increase in leverage and equity erosion constrain financial flexibility in a cyclical industry. Higher debt/equity raises interest and covenant risk, limits ability to absorb further shocks, and makes execution of strategic projects more dependent on external financing or asset sales over the medium term.
Weak Operating Cash Flow And Deeply Negative Free Cash FlowSustained negative operating and free cash flow indicate cash burn and heavy funding reliance. Persistently weak cash generation limits de‑leveraging, increases dependency on revolver/LET L availability, and can force deferred investments or dilutive financing if profitability does not recover within months.
Severe Profitability Deterioration And Large Net LossA near‑term massive loss and negative margins undermine retained earnings and capital resilience. Continued unprofitability impairs ability to fund modernization and JV initiatives organically, elevates execution risk for the EAF transition, and lengthens the timeline to sustainable positive cash generation.
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$9.92 in the past 12 months.
What is Algoma Steel Group’s market cap?
Algoma Steel Group’s market cap is C$690.30M.
When is Algoma Steel Group’s upcoming earnings report date?
Algoma Steel Group’s upcoming earnings report date is Aug 04, 2026 which is in 52 days.
How were Algoma Steel Group’s earnings last quarter?
Algoma Steel Group released its earnings results on May 12, 2026. The company reported -C$1.46 earnings per share for the quarter, missing the consensus estimate of -C$1.039 by -C$0.421.
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 4.87%. See more information on Algoma Steel Group dividends here
What is Algoma Steel Group’s EPS estimate?
Algoma Steel Group’s EPS estimate is -0.88.
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$1.46 in its last earnings report, missing expectations of -C$1.039. Following the earnings report the stock price went same 0%.
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
Neutral
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Analyst Consensus
Hold
Average Price Target:
C$8.50 (30.77% Upside)
C$8.50 (30.77% Upside)
Blogger Sentiment
Bullish
TSE:ASTL Sentiment 100%
Sector Average ―
Sector Average ―
Technicals
SMA
Negative
20 days / 200 days
Momentum
-61.57%
12-Months-Change
Fundamentals
Return on Equity
-125.09%
Trailing 12-Months
Asset Growth
-33.18%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call conveyed a balanced message: meaningful operational progress (successful EAF ramp, record plate sales, improved per‑tonne realization and an $18M underlying EBITDA improvement) and solid liquidity provide a clear path toward stabilization. However, the quarter was a planned transitional trough with steep volume and revenue declines (shipments -52.4%, revenue -42.4%), a large capacity utilization charge ($90.2M), material tariff costs (CAD 27.4M) and ongoing market and legal uncertainties. Management expects capacity charges to be eliminated by Q4 and a path to breakeven, but near‑term volumes and pricing headwinds (coil oversupply, sheet weakness) present significant challenges.View all TSE:ASTL earnings summariesASTL Stock 12 Month Forecast
Average Price Target
C$8.50
▲(30.77% Upside)
Technical Analysis
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Options Prices
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