Algoma Steel Group Stock Net Income
| ASTL Stock | 6.25 0.25 3.85% |
As of the 28th of February, Algoma Steel shows the risk adjusted performance of 0.0909, and Mean Deviation of 3.45. Algoma Steel Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Algoma Steel Total Revenue |
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Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 0.4223 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 343.3 M | 360.4 M | |
| Net Loss | -256.1 M | -243.3 M | |
| Net Income From Continuing Ops | 121 M | 222.1 M | |
| Net Loss | (1.85) | (1.76) | |
| Net Income Per E B T | 0.90 | 1.08 |
Algoma | Net Income |
Evaluating Algoma Steel's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Algoma Steel Group's fundamental strength.
Latest Algoma Steel's Net Income Growth Pattern
Below is the plot of the Net Income of Algoma Steel Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Algoma Steel Group financial statement analysis. It represents the amount of money remaining after all of Algoma Steel Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Algoma Steel's Net Loss 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.
| View | Last Reported (222.67 M) | 10 Years Trend |
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Net Income |
| Timeline |
Algoma Net Income Regression Statistics
| Arithmetic Mean | (27,958,521) | |
| Coefficient Of Variation | (1,004) | |
| Mean Deviation | 193,655,079 | |
| Median | (76,100,000) | |
| Standard Deviation | 280,761,924 | |
| Sample Variance | 78827.3T | |
| Range | 1.2B | |
| R-Value | 0.19 | |
| Mean Square Error | 80909.3T | |
| R-Squared | 0.04 | |
| Significance | 0.45 | |
| Slope | 10,800,832 | |
| Total Sum of Squares | 1261236.1T |
Algoma Net Income History
Algoma Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Algoma Steel is extremely important. It helps to project a fair market value of Algoma Stock properly, considering its historical fundamentals such as Net Income. Since Algoma Steel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Algoma Steel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Algoma Steel's interrelated accounts and indicators.
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Algoma Steel 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Algoma Steel's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Algoma Steel.
| 11/30/2025 |
| 02/28/2026 |
If you would invest 0.00 in Algoma Steel on November 30, 2025 and sell it all today you would earn a total of 0.00 from holding Algoma Steel Group or generate 0.0% return on investment in Algoma Steel over 90 days. Algoma Steel is related to or competes with Osisko Development, Fireweed Zinc, New Found, Itafos Corp, Troilus Gold, GoldQuest Mining, and Freegold Ventures. Algoma Steel is entity of Canada. It is traded as Stock on TO exchange. More
Algoma Steel Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Algoma Steel's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Algoma Steel Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.47 | |||
| Information Ratio | 0.0879 | |||
| Maximum Drawdown | 23.09 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.4 |
Algoma Steel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Algoma Steel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Algoma Steel's standard deviation. In reality, there are many statistical measures that can use Algoma Steel historical prices to predict the future Algoma Steel's volatility.| Risk Adjusted Performance | 0.0909 | |||
| Jensen Alpha | 0.26 | |||
| Total Risk Alpha | 0.0059 | |||
| Sortino Ratio | 0.0886 | |||
| Treynor Ratio | 0.1761 |
Algoma Steel February 28, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0909 | |||
| Market Risk Adjusted Performance | 0.1861 | |||
| Mean Deviation | 3.45 | |||
| Semi Deviation | 4.14 | |||
| Downside Deviation | 4.47 | |||
| Coefficient Of Variation | 926.73 | |||
| Standard Deviation | 4.5 | |||
| Variance | 20.27 | |||
| Information Ratio | 0.0879 | |||
| Jensen Alpha | 0.26 | |||
| Total Risk Alpha | 0.0059 | |||
| Sortino Ratio | 0.0886 | |||
| Treynor Ratio | 0.1761 | |||
| Maximum Drawdown | 23.09 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.4 | |||
| Downside Variance | 19.98 | |||
| Semi Variance | 17.13 | |||
| Expected Short fall | (3.92) | |||
| Skewness | (0.39) | |||
| Kurtosis | 1.55 |
Algoma Steel Group Backtested Returns
Algoma Steel appears to be moderately volatile, given 3 months investment horizon. Algoma Steel Group secures Sharpe Ratio (or Efficiency) of 0.0736, which signifies that the company had a 0.0736 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Algoma Steel Group, which you can use to evaluate the volatility of the firm. Please makes use of Algoma Steel's risk adjusted performance of 0.0909, and Mean Deviation of 3.45 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Algoma Steel holds a performance score of 5. The firm shows a Beta (market volatility) of 2.7, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Algoma Steel will likely underperform. Please check Algoma Steel's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Algoma Steel's price patterns will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Algoma Steel Group has weak reverse predictability. Overlapping area represents the amount of predictability between Algoma Steel time series from 30th of November 2025 to 14th of January 2026 and 14th of January 2026 to 28th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Algoma Steel Group price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Algoma Steel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Algoma Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Algoma Steel Group reported net income of (222.67 Million). This is much higher than that of the Metals & Mining sector and 132.03% lower than that of the Materials industry. The net income for all Canada stocks is 139.0% higher than that of the company.
Algoma Net Income 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 Net Income 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 net income category among its peers.
Algoma Steel Current Valuation Drivers
We derive many important indicators used in calculating different scores of Algoma Steel from analyzing Algoma Steel's financial statements. These drivers represent accounts that assess Algoma Steel's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Algoma Steel's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 2.1B | 1.3B | 1.3B | 1.5B | 1.8B | 3.2B | |
| Enterprise Value | 1.3B | 1.2B | 1.3B | 1.9B | 2.2B | 3.2B |
Algoma Fundamentals
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0352 | ||||
| Profit Margin | (0.35) % | ||||
| Operating Margin | (0.27) % | ||||
| Current Valuation | 1.05 B | ||||
| Shares Outstanding | 104.93 M | ||||
| Shares Owned By Insiders | 7.09 % | ||||
| Shares Owned By Institutions | 79.98 % | ||||
| Number Of Shares Shorted | 3.05 M | ||||
| Price To Book | 0.37 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 2.45 B | ||||
| Gross Profit | (405.07 M) | ||||
| EBITDA | (72.8 M) | ||||
| Net Income | (222.67 M) | ||||
| Total Debt | 659.6 M | ||||
| Book Value Per Share | 8.33 X | ||||
| Cash Flow From Operations | (62.6 M) | ||||
| Short Ratio | 2.30 X | ||||
| Earnings Per Share | (1.45) X | ||||
| Target Price | 8.5 | ||||
| Number Of Employees | 2.82 K | ||||
| Beta | 1.56 | ||||
| Market Capitalization | 576.09 M | ||||
| Total Asset | 3.19 B | ||||
| Retained Earnings | 102 M | ||||
| Working Capital | 834 M | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 3.19 B | ||||
| Last Dividend Paid | 0.43 |
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.
Pair Trading with Algoma Steel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Algoma Steel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Algoma Steel will appreciate offsetting losses from the drop in the long position's value.Moving together with Algoma Stock
Moving against Algoma Stock
The ability to find closely correlated positions to Algoma Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Algoma Steel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Algoma Steel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Algoma Steel Group to buy it.
The correlation of Algoma Steel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Algoma Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Algoma Steel Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Algoma Steel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 inflation. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.