Algoma Steel Group Stock Shares Owned By Institutions
9ZY Stock | 10.60 0.20 1.92% |
ALGOMA STEEL GROUP fundamentals help investors to digest information that contributes to ALGOMA STEEL's financial success or failures. It also enables traders to predict the movement of ALGOMA Stock. The fundamental analysis module provides a way to measure ALGOMA STEEL's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ALGOMA STEEL stock.
ALGOMA |
ALGOMA STEEL GROUP Company Shares Owned By Institutions Analysis
ALGOMA STEEL's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
More About Shares Owned By Institutions | All Equity Analysis
Shares Held by Institutions | = | Funds and Banks | + | Firms |
Current ALGOMA STEEL Shares Owned By Institutions | 70.29 % |
Most of ALGOMA STEEL's fundamental indicators, such as Shares Owned By Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ALGOMA STEEL GROUP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Competition |
Based on the latest financial disclosure, 70% of ALGOMA STEEL GROUP are shares owned by institutions. This is 154.4% higher than that of the Basic Materials sector and 44.66% higher than that of the Steel industry. The shares owned by institutions for all Germany stocks is 79.27% lower than that of the firm.
ALGOMA Shares Owned By Institutions Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALGOMA STEEL's direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ALGOMA STEEL could also be used in its relative valuation, which is a method of valuing ALGOMA STEEL by comparing valuation metrics of similar companies.ALGOMA STEEL is currently under evaluation in shares owned by institutions category among its peers.
ALGOMA Fundamentals
Return On Equity | 0.66 | |||
Return On Asset | 0.28 | |||
Profit Margin | 0.21 % | |||
Operating Margin | 0.31 % | |||
Shares Outstanding | 103.86 M | |||
Shares Owned By Insiders | 10.64 % | |||
Shares Owned By Institutions | 70.29 % | |||
Revenue | 3.54 B | |||
Gross Profit | 1.51 B | |||
EBITDA | 1.19 B | |||
Book Value Per Share | 14.78 X | |||
Earnings Per Share | 4.58 X | |||
Market Capitalization | 818.92 M | |||
Annual Yield | 0.02 % | |||
Last Dividend Paid | 0.2 |
About ALGOMA STEEL Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALGOMA STEEL GROUP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALGOMA STEEL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALGOMA STEEL GROUP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in ALGOMA Stock
When determining whether ALGOMA STEEL GROUP is a strong investment it is important to analyze ALGOMA STEEL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ALGOMA STEEL's future performance. For an informed investment choice regarding ALGOMA Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ALGOMA STEEL GROUP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.