Algoma Steel Group Stock Price To Earnings To Growth
| ASTL Stock | 14.95 0.16 1.06% |
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 | Price To Earnings To Growth |
Algoma Steel Group Company Price To Earnings To Growth Analysis
Algoma Steel's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Algoma Price To Earnings To Growth 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 Price To Earnings To Growth. 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.
Click cells to compare fundamentals
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Algoma Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, Algoma Steel Group has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The price to earnings to growth for all Canada stocks is 100.0% higher than that of the company.
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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.0B | 1.8B | 2.1B | 1.3B | 1.8B | 3.5B |
Algoma Fundamentals
| Return On Equity | -0.1 | ||||
| Return On Asset | -0.0352 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 1.73 B | ||||
| Shares Outstanding | 104.42 M | ||||
| Shares Owned By Insiders | 7.55 % | ||||
| Shares Owned By Institutions | 75.81 % | ||||
| Number Of Shares Shorted | 1.28 M | ||||
| Price To Book | 1.10 X | ||||
| Price To Sales | 0.63 X | ||||
| Revenue | 2.8 B | ||||
| Gross Profit | 389.8 M | ||||
| EBITDA | 282.3 M | ||||
| Net Income | 105.2 M | ||||
| Total Debt | 156.5 M | ||||
| Book Value Per Share | 13.54 X | ||||
| Cash Flow From Operations | 294.6 M | ||||
| Short Ratio | 18.05 X | ||||
| Earnings Per Share | (1.45) X | ||||
| Target Price | 20.67 | ||||
| Number Of Employees | 2.84 K | ||||
| Beta | 1.49 | ||||
| Market Capitalization | 1.56 B | ||||
| Total Asset | 2.68 B | ||||
| Retained Earnings | 288.4 M | ||||
| Working Capital | 834 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 2.68 B | ||||
| Last Dividend Paid | 0.24 |
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.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.