Algoma Steel Shares Owned By Insiders vs. Current Valuation
| ASTL Stock | 14.95 0.16 1.06% |
For Algoma Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Algoma Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Algoma Steel Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Algoma Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Algoma Steel Group over time as well as its relative position and ranking within its peers.
Algoma |
Algoma Steel Group Current Valuation vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Algoma Steel's current stock value. Our valuation model uses many indicators to compare Algoma Steel value to that of its competitors to determine the firm's financial worth. Algoma Steel Group is rated fifth in shares owned by insiders category among its peers. It is rated fourth in current valuation category among its peers reporting about 228,792,386 of Current Valuation per Shares Owned By Insiders. Comparative valuation analysis is a catch-all model that can be used if you cannot value Algoma Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Algoma Steel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Algoma Current Valuation vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Algoma Steel |
| = | 7.55 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.
Algoma Steel |
| = | 1.73 B |
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.
Algoma Current Valuation vs Competition
Algoma Steel Group is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is presently estimated at about 19.51 Billion. Algoma Steel holds roughly 1.73 Billion in current valuation claiming about 9% of all equities under Materials industry.
Algoma Steel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Algoma Steel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Algoma Steel will eventually generate negative long term returns. The profitability progress is the general direction of Algoma Steel's change in net profit over the period of time. It can combine multiple indicators of Algoma Steel, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 267.1 M | 280.5 M | |
| Operating Income | 164 M | 234.5 M | |
| Income Before Tax | 144.9 M | 121.4 M | |
| Total Other Income Expense Net | -19.1 M | -20.1 M | |
| Net Income Applicable To Common Shares | 343.3 M | 360.4 M | |
| Net Income | 105.2 M | 72.1 M | |
| Income Tax Expense | 39.7 M | 76.3 M | |
| Interest Income | 10 M | 9.5 M | |
| Net Interest Income | -34.9 M | -36.6 M | |
| Net Income From Continuing Ops | 105.2 M | 99.9 M | |
| Change To Netincome | -34 M | -32.3 M | |
| Net Income Per Share | 0.70 | 0.57 | |
| Income Quality | 2.80 | 2.94 | |
| Net Income Per E B T | 0.73 | 1.11 |
Algoma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Algoma Steel. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Algoma Steel position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Algoma Steel's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Algoma Steel without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Theme Ratings Now
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Use Investing Themes to Complement your Algoma Steel position
In addition to having Algoma Steel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Silver Thematic Idea Now
Silver
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Silver Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
To fully project Algoma Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Algoma Steel Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Algoma Steel's income statement, its balance sheet, and the statement of cash flows.