Algoma Earnings Yield from 2010 to 2024

ASTLW Stock  USD 1.87  0.02  1.06%   
Algoma Steel Earnings Yield yearly trend continues to be fairly stable with very little volatility. Earnings Yield will likely drop to 0.04 in 2024. Earnings Yield is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. View All Fundamentals
 
Earnings Yield  
First Reported
2010-12-31
Previous Quarter
0.05977288
Current Value
0.0424
Quarterly Volatility
0.13040365
 
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Check Algoma Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algoma Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.6 M, Total Revenue of 2.7 B or Gross Profit of 337.6 M, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.0115 or PTB Ratio of 1.23. Algoma financial statements analysis is a perfect complement when working with Algoma Steel Valuation or Volatility modules.
  
Check out the analysis of Algoma Steel Correlation against competitors.

Latest Algoma Steel's Earnings Yield Growth Pattern

Below is the plot of the Earnings Yield of Algoma Steel Group over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Algoma Steel's Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algoma Steel's overall financial position and show how it may be relating to other accounts over time.
Earnings Yield10 Years Trend
Slightly volatile
   Earnings Yield   
       Timeline  

Algoma Earnings Yield Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation482.48
Mean Deviation0.08
Median0.01
Standard Deviation0.13
Sample Variance0.02
Range0.5013
R-Value0.48
Mean Square Error0.01
R-Squared0.23
Significance0.07
Slope0.01
Total Sum of Squares0.24

Algoma Earnings Yield History

2024 0.0424
2023 0.0598
2022 0.22
2021 0.41
2020 -0.0892
2019 -0.0871

About Algoma Steel Financial Statements

Algoma Steel investors use historical fundamental indicators, such as Algoma Steel's Earnings Yield, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Algoma Steel. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Earnings Yield 0.06  0.04 

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Additional Tools for Algoma Stock Analysis

When running Algoma Steel's price analysis, check to measure Algoma Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.