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.
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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.
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