Algoma Steel Group Net Income

ASTL Stock  USD 4.32  0.29  6.29%   
As of the 5th of February, Algoma Steel shows the risk adjusted performance of 0.0627, and Mean Deviation of 3.22. 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. Please confirm Algoma Steel Group variance, as well as the relationship between the value at risk and skewness to decide if Algoma Steel Group is priced correctly, providing market reflects its regular price of 4.32 per share. Given that Algoma Steel has jensen alpha of 0.1709, we suggest you to validate Algoma Steel Group's prevailing market performance to make sure the company can sustain itself at a future point.

Algoma Steel Total Revenue

2.68 Billion

Algoma Steel's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Algoma Steel's valuation are provided below:
Gross Profit
-405.1 M
Profit Margin
(0.35)
Market Capitalization
412.1 M
Enterprise Value Revenue
0.5557
Revenue
2.2 B
There are over one hundred nineteen available fundamental signals for Algoma Steel Group, which can be analyzed over time and compared to other ratios. We recommend to validate Algoma Steel's prevailing fundamental drivers against the all of the trends between 2010 and 2026. Market Cap is expected to rise to about 3.2 B this year. Enterprise Value is expected to rise to about 3.2 B this year This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income Applicable To Common Shares343.3 M360.4 M
Net Loss-256.1 M-243.3 M
Net Income From Continuing Ops121 M222.1 M
Net Loss(1.85)(1.76)
Net Income Per E B T 0.90  1.08 
At this time, Algoma Steel's Net Income Applicable To Common Shares is quite stable compared to the past year. Net Income From Continuing Ops is expected to rise to about 222.1 M this year, although the value of Net Loss is projected to rise to (243.3 M).
  
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Historical Net Income data for Algoma Steel serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Algoma Steel Group represents a compelling investment opportunity.

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.
ViewLast Reported (222.67 M)10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Algoma Net Income Regression Statistics

Arithmetic Mean(32,917,440)
Coefficient Of Variation(857.92)
Mean Deviation198,322,297
Median(160,400,000)
Standard Deviation282,405,064
Sample Variance79752.6T
Range1.2B
R-Value0.19
Mean Square Error82134.5T
R-Squared0.03
Significance0.48
Slope10,387,568
Total Sum of Squares1276041.9T

Algoma Net Income History

2026-243.3 M
2025-256.1 M
2024-222.7 M
2023105.2 M
2022298.5 M
2021857.7 M
2020-160.4 M

Other Fundumenentals of Algoma Steel Group

Algoma Steel Net Income component correlations

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.
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. Comprehensive Algoma Steel assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.93)
Dividend Share
0.427
Earnings Share
(1.03)
Revenue Per Share
20.378
Quarterly Revenue Growth
(0.13)
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.
Understanding that Algoma Steel's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Algoma Steel represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Algoma Steel's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

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.
0.00
11/07/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/05/2026
0.00
If you would invest  0.00  in Algoma Steel on November 7, 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 Olympic Steel, Rayonier Advanced, Dakota Gold, New Found, Nova Minerals, Nouveau Monde, and Tronox Holdings. Algoma Steel Group Inc. produces and sells steel products primarily in North America 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Algoma Steel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.694.658.61
Details
Intrinsic
Valuation
LowRealHigh
4.258.2112.17
Details
Naive
Forecast
LowNextHigh
0.414.378.33
Details
4 Analysts
Consensus
LowTargetHigh
18.2020.0022.20
Details

Algoma Steel February 5, 2026 Technical Indicators

Algoma Steel Group Backtested Returns

Algoma Steel appears to be slightly risky, given 3 months investment horizon. Algoma Steel Group secures Sharpe Ratio (or Efficiency) of 0.0774, which signifies that the company had a 0.0774 % 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 0.0627, and Mean Deviation of 3.22 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 6. The firm shows a Beta (market volatility) of 2.17, 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 value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Algoma Steel's price patterns will revert.

Auto-correlation

    
  0.58  

Modest predictability

Algoma Steel Group has modest predictability. Overlapping area represents the amount of predictability between Algoma Steel time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th 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 0.58 indicates that roughly 58.0% of current Algoma Steel price fluctuation can be explain by its past prices.
Correlation Coefficient0.58
Spearman Rank Test0.54
Residual Average0.0
Price Variance0.04
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

521.28 Million

At this time, Algoma Steel's Accumulated Other Comprehensive Income is quite stable compared to the past year.
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 United States 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.
202120222023202420252026 (projected)
Market Cap2.1B1.3B1.3B1.5B1.8B3.2B
Enterprise Value1.3B1.2B1.3B1.9B2.2B3.2B

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 Steel Institutional Holders

Institutional Holdings refers to the ownership stake in Algoma Steel that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of Algoma Steel's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Algoma Steel's value.
Shares
Intact Investment Management, Inc.2025-06-30
M
Aegis Financial Corporation2025-06-30
1.8 M
Connor Clark & Lunn Inv Mgmt Ltd2025-06-30
1.6 M
Towle & Co2025-06-30
1.5 M
Solas Capital Management Llc2025-06-30
1.4 M
Td Asset Management Inc2025-06-30
1.4 M
Arrowstreet Capital Limited Partnership2025-06-30
1.1 M
Newgen Asset Management Ltd2025-06-30
1.1 M
Tcw Group Inc2025-06-30
1.1 M
Maple Rock Capital Partners, Inc.2025-06-30
8.4 M
Mmcap International Inc. Spc2025-06-30
7.2 M

Algoma Fundamentals

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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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:
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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. Comprehensive Algoma Steel assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.93)
Dividend Share
0.427
Earnings Share
(1.03)
Revenue Per Share
20.378
Quarterly Revenue Growth
(0.13)
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.
Understanding that Algoma Steel's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Algoma Steel represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Algoma Steel's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.