Algoma Steel Group Stock Current Valuation
| ASTL Stock | USD 11.37 0.12 1.07% |
Valuation analysis of Algoma Steel Group helps investors to measure Algoma Steel's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is expected to rise to about 3.5 B this year, although Enterprise Value Over EBITDA will most likely fall to 5.10. Fundamental drivers impacting Algoma Steel's valuation include:
Price Book 1.1735 | Enterprise Value 1.3 B | Enterprise Value Ebitda 132.4794 | Price Sales 0.4784 | Forward PE 9.1158 |
Undervalued
Today
Please note that Algoma Steel's price fluctuation is not too volatile at this time. Calculation of the real value of Algoma Steel Group is based on 3 months time horizon. Increasing Algoma Steel's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Algoma stock is determined by what a typical buyer is willing to pay for full or partial control of Algoma Steel Group. Since Algoma Steel is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Algoma Stock. However, Algoma Steel's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.37 | Real 13.53 | Target 12.88 | Hype 11.37 | Naive 10.87 |
The intrinsic value of Algoma Steel's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence Algoma Steel's stock price.
Estimating the potential upside or downside of Algoma Steel Group helps investors to forecast how Algoma stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Algoma Steel more accurately as focusing exclusively on Algoma Steel's fundamentals will not take into account other important factors: Algoma Steel Group Company Current Valuation Analysis
Algoma Steel's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Algoma Steel Current Valuation | 1.31 B |
Most of Algoma Steel's fundamental indicators, such as Current Valuation, 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.
Algoma Current Valuation 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 Current Valuation. 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 Current Valuation Historical Pattern
Today, most investors in Algoma Steel Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Algoma Steel's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Algoma Steel current valuation as a starting point in their analysis.
Algoma Steel Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Algoma Steel Group has a Current Valuation of 1.31 B. This is 88.53% lower than that of the Metals & Mining sector and 80.52% lower than that of the Materials industry. The current valuation for all United States stocks is 92.13% higher than that of the company.
Algoma Current Valuation 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 Current Valuation 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 current valuation 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.0B | 1.8B | 2.1B | 1.3B | 1.8B | 3.5B |
Algoma Steel ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Algoma Steel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Algoma Steel's managers, analysts, and investors.Environmental | Governance | Social |
Algoma Fundamentals
| Return On Equity | -0.1 | |||
| Return On Asset | -0.0352 | |||
| Profit Margin | (0.06) % | |||
| Operating Margin | (0.17) % | |||
| Current Valuation | 1.31 B | |||
| Shares Outstanding | 104.42 M | |||
| Shares Owned By Insiders | 7.55 % | |||
| Shares Owned By Institutions | 75.81 % | |||
| Number Of Shares Shorted | 4.36 M | |||
| Price To Earning | 1.15 X | |||
| Price To Book | 1.17 X | |||
| Price To Sales | 0.48 X | |||
| Revenue | 2.8 B | |||
| Gross Profit | 389.8 M | |||
| EBITDA | 282.3 M | |||
| Net Income | 105.2 M | |||
| Cash And Equivalents | 1.14 B | |||
| Cash Per Share | 10.79 X | |||
| Total Debt | 156.5 M | |||
| Debt To Equity | 0.07 % | |||
| Current Ratio | 2.09 X | |||
| Book Value Per Share | 13.54 X | |||
| Cash Flow From Operations | 294.9 M | |||
| Short Ratio | 9.92 X | |||
| Earnings Per Share | (1.04) X | |||
| Target Price | 20.0 | |||
| Number Of Employees | 2.84 K | |||
| Beta | 1.49 | |||
| Market Capitalization | 1.19 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.
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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algoma Steel. If investors know Algoma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algoma Steel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 0.236 | Earnings Share (1.04) | Revenue Per Share 22.941 | Quarterly Revenue Growth (0.18) |
The market value of Algoma Steel Group is measured differently than its book value, which is the value of Algoma that is recorded on the company's balance sheet. Investors also form their own opinion of Algoma Steel's value that differs from its market value or its book value, called intrinsic value, which is Algoma Steel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algoma Steel's market value can be influenced by many factors that don't directly affect Algoma Steel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Algoma Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algoma Steel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algoma Steel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.