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ASTL Stock Chart & Stats
C$5.78
-C$0.01(-0.16%)
At close: 4:00 PM EDT
C$5.78
-C$0.01(-0.16%)
Day’s Range― - ―
52-Week RangeC$4.46 - C$8.16
Previous CloseN/A
Volume264.45K
Average Volume (3M)391.45K
Market Cap
C$616.01M
Enterprise ValueC$1.66B
Total Cash (Recent Filing)C$77.60M
Total Debt (Recent Filing)C$916.90M
Price to Earnings (P/E)―
Beta2.04
Next Earnings
Oct 28, 2026EPS Estimate
-0.7Next Dividend Ex-DateN/A
Dividend Yield2.48%
Share Statistics
EPS (TTM)-9.19
Shares Outstanding105,661,470
10 Day Avg. Volume431,741
30 Day Avg. Volume391,449
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$11.50Price Target Upside98.96% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-3.31
Revenue Forecast (FY)C$1.13B
Bulls Say, Bears Say
Bulls Say
EAF Transition ProgressThe EAF transition is creating a more modern production platform, with Unit 1 operating continuously and Unit 2 nearing start-up. Meeting quality targets across key grades supports the credibility of the conversion and could improve cost efficiency and emissions positioning as utilization rises.
Stronger Plate Mix And RealizationRecord plate shipments and higher realized pricing indicate progress toward a more favorable product mix rather than reliance solely on volume growth. Greater plate exposure can support revenue quality and customer diversification if the company sustains production and demand through the transition.
Liquidity Supports TransformationSubstantial available liquidity gives Algoma a financial buffer while Unit 2 is commissioned and production ramps. Revolver capacity, LETL availability, and expected tax refunds can help fund working capital and transition needs, reducing immediate pressure during operational disruption.
Bears Say
Severe Profitability DeteriorationThe large annual loss and deeply negative margins show that current earnings power is materially impaired. Even if operational improvements emerge, the scale of the deterioration leaves limited room for execution errors and makes recovery dependent on better prices, volumes, and cost absorption.
High Cash Burn And LeverageHigher debt alongside equity erosion reduces financial flexibility at a cyclical steel producer. Combined with deeply negative recent free cash flow, the capital structure may require continued liquidity management and constrains the funds available for growth, resilience, or shareholder returns.
Tariff And Market HeadwindsPersistent tariffs and Canadian oversupply pressure both market access and realized pricing. These conditions can weigh on margins beyond the current ramp period, complicate customer and contract decisions, and make it harder for improved production efficiency to translate into durable profitability.
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$4.46 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$616.01M.
When is Algoma Steel Group’s upcoming earnings report date?
Algoma Steel Group’s upcoming earnings report date is Oct 28, 2026 which is in 7 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 2.48%. See more information on Algoma Steel Group dividends here
What is Algoma Steel Group’s EPS estimate?
Algoma Steel Group’s EPS estimate is -0.7.
How many shares outstanding does Algoma Steel Group have?
Algoma Steel Group has 105,661,470 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
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$11.50 (98.96% Upside)
C$11.50 (98.96% Upside)
Blogger Sentiment
Neutral
TSE:ASTL Sentiment 50%
Sector Average 68%
Sector Average 68%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.97%
12-Months-Change
Fundamentals
Return on Equity
-220.30%
Trailing 12-Months
Asset Growth
-32.62%
Trailing 12-Months
Learn more about TipRanks Smart Score
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$11.50
▲(98.96% Upside)
Technical Analysis
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