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Algoma Steel Group Inc

Algoma Steel Group Inc

ASTL · NASDAQ · Basic Materials / Steel

5.45USD-0.16 (-2.85%)

Price History

Full chart

Market Stats

Previous Close5.61
Open5.64
Day Range5.41 – 5.69
52-Week Range3.02 – 5.90
Volume710.20K
Market Cap442.72M
P/E (TTM)0.00
Forward P/E9.12
EPS-7.22
Dividend Yield0.00%
Beta1.64
50-Day Avg4.23
200-Day Avg4.42

About

Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. The company offers 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 structural tube product manufacturers, and the light manufacturing and transportation industries; and plate steel products consisting of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, armored products for military applications, diameter pipelines, and wind energy generation equipment. It also provides by-products, such as furnace and buckwheat coke, braize coke, and flue dust; high sulpur beach and kish iron, BOF pit grissly and scrap, BOF and pellet fines, and mill roll scale; light oil and coal tar; granulated and air cooled slag; and machine shop turnings, used mill rolls, recycled oil, non-ferrous metal, and lime fines. The company was founded in 1901 and is headquartered in Sault Sainte Marie, Canada.

Company Details

  • SectorBasic Materials
  • IndustrySteel
  • CEOMr. Rajat Marwah
  • Employees2.40K
  • Headquarters105 West Street, Sault Sainte Marie, ON, Canada, P6A 7B4, USA
  • Websitehttps://algoma.com

Leadership

  • Mr. Rajat MarwahCEO & Director · b. 1974
  • Mr. John Ralph NaccaratoVP of Strategy & Chief Legal Officer · b. 1967
  • Mr. Michael PanzeriSenior Vice President of Production
  • Mr. Michael MoracaChief Financial Officer
  • Ms. Danielle BakerChief Human Resource Officer
  • Mr. Chris FordChief Commercial Officer
  • Ms. Laura DevoniVice President of Human Resources and Corporate Affairs

Financials

Income Statement

Currency: CAD2013-03-312014-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue1.87B1.79B2.70B1.96B1.79B3.81B2.78B2.80B1.71B2.09B
Growth (%)--3.92%+50.54%-27.48%-8.28%+112.05%-27.00%+0.62%-38.99%+22.27%
Cost of Revenue1.88B1.95B2.33B2.04B1.64B2.29B2.39B2.49B1.82B2.75B
Gross Profit-18.60M-160.60M371.20M-80.10M157.20M1.51B389.80M306.90M-112.85M-664.80M
Gross Margin-1.00%-8.96%13.76%-4.09%8.76%39.78%14.03%10.98%-6.62%-31.87%
Operating Expense101.40M111.80M86.40M56.90M72.40M103.00M99.30M139.60M95.62M112.20M
Operating Income-120.00M-272.40M284.80M-137.00M84.80M1.41B290.50M167.30M-208.47M-777.00M
Operating Margin-6.43%-15.20%10.55%-7.00%4.72%37.07%10.46%5.98%-12.22%-37.25%
EBITDA17.20M-163.80M358.60M26.80M95.40M1.30B507.60M301.90M-137.40M-859.60M
EBITDA Margin0.92%-9.14%13.29%1.37%5.32%34.22%18.27%10.80%-8.05%-41.21%
Net Income-203.30M-313.80M32.20M-175.90M-76.10M857.70M298.50M105.20M-154.73M-984.90M
Net Income Margin-10.90%-17.51%1.19%-8.99%-4.24%22.54%10.74%3.76%-9.07%-47.22%
Interest Expense00044.82M84.30M38.84M10.57M42.00M47.35M85.20M
Interest Expense % of Total Revenue0.00%0.00%0.00%2.29%4.70%1.02%0.38%1.50%2.78%4.08%

Balance Sheet

Currency: CAD2013-03-312014-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets1.88B1.80B-1.83B1.55B2.69B2.46B2.68B3.19B2.12B
Total Liabilities2.18B2.34B-1.53B1.38B1.11B993.40M1.17B1.68B1.62B
Total Equity-300.20M-530.90M-299.90M173.80M1.58B1.46B1.50B1.51B491.10M
Cash32.50M3.60M-265.00M21.20M915.30M247.40M97.90M266.90M77.50M
Total Debt1.13B1.30B-801.80M615.80M96.20M122.70M146.10M673.20M862.00M
Net Debt1.10B1.29B-536.80M594.60M-819.10M-124.70M48.20M406.30M784.50M

Cash Flow

Currency: CAD2013-03-312014-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow8.10M70.30M275.80M-4.70M8.10M1.26B177.30M294.90M-86.90M-66.10M
Investing Cash Flow-58.80M-31.60M-569.70M-115.10M-72.90M-165.70M-333.50M-490.10M-189.15M-312.30M
Financing Cash Flow53.60M-70.00M429.80M246.70M-167.40M-198.70M-569.60M44.40M336.12M200.80M
Capital Expenditure51.20M29.70M86.90M113.90M71.80M167.90M333.50M490.10M208.54M328.50M
Free Cash Flow-43.10M40.60M188.90M-118.60M-63.70M1.10B-156.20M-195.20M-295.44M-394.60M
Dividends Paid-9.30M9.30M9.30M9.30M9.30M30.70M27.90M14.94M14.80M
FCF to OCF-532.10%57.75%68.49%2523.40%-786.42%86.71%-88.10%-66.19%339.97%596.97%
Dividend Paid to FCF-22.91%4.92%-7.84%-14.60%0.85%-19.65%-14.29%-5.06%-3.75%

Earnings

Report DateMay 24, 2021Aug 13, 2021Nov 12, 2021Feb 10, 2022Jun 14, 2022Aug 3, 2022Nov 7, 2022Feb 13, 2023Jun 21, 2023Aug 10, 2023Nov 2, 2023Feb 6, 2024Jun 20, 2024Aug 13, 2024Nov 6, 2024Mar 12, 2025Apr 29, 2025Jul 29, 2025Oct 29, 2025Mar 20, 2026May 12, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate---2.111.571.340.46-0.45-0.030.930.31-0.25-0.02-0.04-0.28-0.70-1.07-0.55-0.98-0.61-1.15-0.51-0.53
EPS Actual0.01-0.042.571.771.451.330.61-0.62-0.190.730.23-0.480.020.07-0.48-0.44-0.47-0.91-1.14-2.54-1.50-0.64-
Surprise----16.11%-7.64%-0.75%32.61%-37.78%-533.33%-21.51%-25.81%-92.00%200.00%275.00%-71.43%37.14%56.07%-65.45%-16.33%-313.38%-30.43%-25.49%-
Timing--Pre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-

Key Statistics & Ratios

Market Cap442.72M
Enterprise Value1.08B
Trailing P/E0.00
Forward P/E9.12
Price / Sales0.29
Price / Book2.22
EPS-7.22
Book Value1.98
Revenue (TTM)1.54B
Gross Profit (TTM)-702.60M
EBITDA-506.90M
Profit Margin-71.61%
Operating Margin-51.44%
Return on Equity-139.13%
Return on Assets-21.09%
Shares Outstanding105.66M
Shares Float70.51M
Beta1.64
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 20.00
  • Buy
    3
  • Hold
    1

Ownership Breakdown

Institutions
69.96%
Insiders
5.04%
Retail / Other
25.00%

Top Institutional Holders

  • Maple Rock Capital Partners, Inc.
    16.86M15.96%
  • Mmcap International Inc. Spc
    12.85M12.16%
  • Donald Smith & Co Inc
    5.28M4.99%
  • BlackRock Inc
    4.12M3.89%
  • Scheer, Rowlett & Assoc Invest Mgmt Ltd.
    3.85M3.64%
  • LITTLEJOHN & CO LLC
    3.45M3.26%
  • Aegis Financial Corporation
    1.79M1.69%
  • CDC Financial, Inc.
    1.75M1.65%
  • Connor Clark & Lunn Inv Mgmt Ltd
    1.73M1.63%
  • Brightline Capital Management LLC
    1.66M1.57%
  • Morgan Stanley - Brokerage Accounts
    1.48M1.40%
  • Sourcerock Group LLC
    1.25M1.18%
  • Solas Capital Management LLC
    1.05M0.99%
  • Two Sigma Investments LLC
    1.04M0.99%
  • LM Asset (IM) Inc.
    1.02M0.96%
  • Bracebridge Capital, LLC
    924.93K0.88%
  • Jane Street Group LLC
    895.57K0.85%
  • Jb Capital Partners LP
    872.28K0.83%

Top Fund Holders

  • Aegis Value I
    1.73M1.63%
  • BlackRock Strategic Income Opps Instl
    1.25M1.18%

Dividends

20252×
0.05May 13, 20250.05Mar 21, 2025
20244×
0.05Nov 27, 20240.05Aug 23, 20240.05Jul 2, 20240.05Feb 28, 2024
20234×
0.05Nov 29, 20230.05Aug 24, 20230.05Jul 3, 20230.05Feb 27, 2023
20224×
0.05Nov 29, 20220.05Aug 30, 20220.05Jun 24, 20220.05Feb 25, 2022