Algoma Steel Group Stock Three Year Return
| ASTL Stock | USD 10.71 0.36 3.25% |
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 | Three Year Return |
Algoma Steel Group Company Three Year Return Analysis
Algoma Steel's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Algoma Three Year Return 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 Three Year Return. 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
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Algoma Return On Tangible Assets
Return On Tangible Assets |
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Based on the latest financial disclosure, Algoma Steel Group has a Three Year Return of 0.0%. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Algoma Three Year Return 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 Three Year Return 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 three year return 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 | 1.24 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 | 1.12 X | |||
| Price To Sales | 0.45 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 | 7.42 X | |||
| Earnings Per Share | (1.03) X | |||
| Target Price | 20.0 | |||
| Number Of Employees | 2.84 K | |||
| Beta | 1.49 | |||
| Market Capitalization | 1.12 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 (1.03) | 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.