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ASTL : Algoma Steel Group Inc Stock Profile

ASTL : Algoma Steel Group Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Algoma Steel Group Inc trades with the ticker ASTL on the TSX and is in the Steel industry.

Overview
Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides 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 product manufacturers, and the light manufacturing and transportation industries; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.
 

Looking to invest in Algoma Steel Group Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ASTL.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $1126.732MM

PE Ratio: 16.922

Price: 7.74 (Updated: 3/12/2024 0:47:16)



Algoma Steel Group Inc (ASTL) vs Competitors in Steel

Lets see how ASTL.TO stacks up against others in the Steel asset management industry. We have identified its main peers as:

Champion Iron Limited, Labrador Iron Ore Royalty Corporation, Stelco Holdings Inc

.

Steel Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Champion Iron Limited (CIA) $3,619.492 12.105 5.781 2.9%
Labrador Iron Ore Royalty Corporation (LIF) $1,961.6 10.908 12.578 8.3%
Stelco Holdings Inc (STLC) $2,276.815 15.296 4.244 4.8%
Algoma Steel Group Inc (ASTL) $1,126.732 16.922 4.822 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Steel

  • Algoma Steel Group Inc (ASTL) vs Champion Iron Limited (CIA)
    • ASTL has higher EPS (0.64 vs 0.57). CIA provides dividends, while ASTL does not. ASTL has a higher P/E ratio (16.922 vs 12.105) indicating it’s more expensive.
  • Algoma Steel Group Inc (ASTL) vs Labrador Iron Ore Royalty Corporation (LIF)
    • LIF has higher EPS (2.81 vs 0.64). LIF provides dividends, while ASTL does not. ASTL has a higher P/E ratio (16.922 vs 10.908) indicating it’s more expensive.
  • Algoma Steel Group Inc (ASTL) vs Stelco Holdings Inc (STLC)
    • STLC has higher EPS (2.7 vs 0.64). STLC provides dividends, while ASTL does not. ASTL has a higher P/E ratio (16.922 vs 15.296) indicating it’s more expensive.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (4.82) than the industry average (8.70), indicating attractive valuation.
 

How to Buy ASTL stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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