ALGOMA STEEL GROUP INC (ASTL.CA) Stock Fundamental Analysis

TSX:ASTL • CA0156581070

6.38 CAD
-0.39 (-5.76%)
Last: Feb 23, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to ASTL. ASTL was compared to 802 industry peers in the Metals & Mining industry. Both the profitability and financial health of ASTL have multiple concerns. ASTL does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • ASTL had negative earnings in the past year.
  • In the past year ASTL has reported a negative cash flow from operations.
  • The reported net income has been mixed in the past 5 years: ASTL reported negative net income in multiple years.
  • ASTL had a positive operating cash flow in 4 of the past 5 years.
ASTL.CA Yearly Net Income VS EBIT VS OCF VS FCFASTL.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 500M 1B

1.2 Ratios

  • ASTL has a Return On Assets of -28.19%. This is comparable to the rest of the industry: ASTL outperforms 46.26% of its industry peers.
  • The Return On Equity of ASTL (-78.53%) is worse than 60.85% of its industry peers.
Industry RankSector Rank
ROA -28.19%
ROE -78.53%
ROIC N/A
ROA(3y)15.98%
ROA(5y)6.68%
ROE(3y)27.2%
ROE(5y)-4.17%
ROIC(3y)N/A
ROIC(5y)N/A
ASTL.CA Yearly ROA, ROE, ROICASTL.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

1.3 Margins

  • In the last couple of years the Profit Margin of ASTL has grown nicely.
  • ASTL's Operating Margin has declined in the last couple of years.
  • The Profit Margin and Operating Margin and Gross Margin are not available for ASTL so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3Y49.72%
OM growth 5Y-11.88%
PM growth 3YN/A
PM growth 5Y25.82%
GM growth 3YN/A
GM growth 5YN/A
ASTL.CA Yearly Profit, Operating, Gross MarginsASTL.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 10 20 30

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2

2. Health

2.1 Basic Checks

  • ASTL does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, ASTL has more shares outstanding
  • Compared to 1 year ago, ASTL has a worse debt to assets ratio.
ASTL.CA Yearly Shares OutstandingASTL.CA Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50M 100M
ASTL.CA Yearly Total Debt VS Total AssetsASTL.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 500M 1B 1.5B 2B 2.5B

2.2 Solvency

  • Based on the Altman-Z score of 0.76, we must say that ASTL is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of ASTL (0.76) is comparable to the rest of the industry.
  • ASTL has a Debt/Equity ratio of 0.84. This is a neutral value indicating ASTL is somewhat dependend on debt financing.
  • The Debt to Equity ratio of ASTL (0.84) is worse than 72.82% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF N/A
Altman-Z 0.76
ROIC/WACCN/A
WACC9.74%
ASTL.CA Yearly LT Debt VS Equity VS FCFASTL.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • ASTL has a Current Ratio of 2.29. This indicates that ASTL is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of ASTL (2.29) is comparable to the rest of the industry.
  • ASTL has a Quick Ratio of 2.29. This is a bad value and indicates that ASTL is not financially healthy enough and could expect problems in meeting its short term obligations.
  • ASTL's Quick ratio of 0.76 is on the low side compared to the rest of the industry. ASTL is outperformed by 63.34% of its industry peers.
Industry RankSector Rank
Current Ratio 2.29
Quick Ratio 0.76
ASTL.CA Yearly Current Assets VS Current LiabilitesASTL.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for ASTL have decreased strongly by -1858.57% in the last year.
  • Measured over the past years, ASTL shows a very strong growth in Earnings Per Share. The EPS has been growing by 22.22% on average per year.
  • The Revenue for ASTL has decreased by -10.69% in the past year. This is quite bad
  • ASTL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.71% yearly.
EPS 1Y (TTM)-1858.57%
EPS 3YN/A
EPS 5Y22.22%
EPS Q2Q%121.79%
Revenue 1Y (TTM)-10.69%
Revenue growth 3Y15.92%
Revenue growth 5Y0.71%
Sales Q2Q%-14.87%

3.2 Future

  • ASTL is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -38.62% yearly.
  • The Revenue is expected to grow by 7.33% on average over the next years.
EPS Next Y-1780.59%
EPS Next 2Y-184.23%
EPS Next 3Y-38.62%
EPS Next 5YN/A
Revenue Next Year-25.26%
Revenue Next 2Y-23.75%
Revenue Next 3Y-9.85%
Revenue Next 5Y7.33%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
ASTL.CA Yearly Revenue VS EstimatesASTL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2029 2030 2031 2032 1B 2B 3B 4B
ASTL.CA Yearly EPS VS EstimatesASTL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 0 5 -5 10

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Find the best growth stocksShow best growing peers

0

4. Valuation

4.1 Price/Earnings Ratio

  • ASTL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for ASTL. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ASTL.CA Price Earnings VS Forward Price EarningsASTL.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
ASTL.CA Per share dataASTL.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 15 20

4.3 Compensation for Growth

  • A cheap valuation may be justified as ASTL's earnings are expected to decrease with -38.62% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-184.23%
EPS Next 3Y-38.62%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • ASTL has a Yearly Dividend Yield of 1.72%.
  • ASTL's Dividend Yield is rather good when compared to the industry average which is at 0.41. ASTL pays more dividend than 97.76% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.80, ASTL has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.72%

5.2 History

  • ASTL has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
ASTL.CA Yearly Dividends per shareASTL.CA Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0.05 0.1 0.15 0.2

5.3 Sustainability

  • ASTL has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-3.22%
EPS Next 2Y-184.23%
EPS Next 3Y-38.62%
ASTL.CA Yearly Income VS Free CF VS DividendASTL.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2019 2020 2021 2022 2023 2024 0 200M 400M 600M 800M 1B

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Find the best dividend stocksShow peers with best dividend

ALGOMA STEEL GROUP INC

TSX:ASTL (2/23/2026, 7:00:00 PM)

6.38

-0.39 (-5.76%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-29
Earnings (Next)N/A
Inst Owners77.83%
Inst Owner ChangeN/A
Ins Owners4.1%
Ins Owner ChangeN/A
Market Cap669.45M
Revenue(TTM)2.22B
Net Income(TTM)-686.70M
Analysts43.33
Price Target14.19 (122.41%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.72%
Yearly Dividend0.27
Dividend Growth(5Y)N/A
DP-3.22%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.27%
Min EPS beat(2)-93.55%
Max EPS beat(2)120.08%
EPS beat(4)2
Avg EPS beat(4)184.43%
Min EPS beat(4)-93.55%
Max EPS beat(4)753.6%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.5%
Min Revenue beat(2)-2.29%
Max Revenue beat(2)3.3%
Revenue beat(4)3
Avg Revenue beat(4)3.64%
Min Revenue beat(4)-2.29%
Max Revenue beat(4)7.73%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.59%
EPS NQ rev (1m)-1.4%
EPS NQ rev (3m)-126.04%
EPS NY rev (1m)-31.16%
EPS NY rev (3m)-118.25%
Revenue NQ rev (1m)14.67%
Revenue NQ rev (3m)-13.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.48%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.3
P/FCF N/A
P/OCF N/A
P/B 0.77
P/tB 0.77
EV/EBITDA N/A
EPS(TTM)-2.21
EYN/A
EPS(NY)-2.49
Fwd EYN/A
FCF(TTM)-5.25
FCFYN/A
OCF(TTM)-1.33
OCFYN/A
SpS21.17
BVpS8.33
TBVpS8.33
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -28.19%
ROE -78.53%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)15.98%
ROA(5y)6.68%
ROE(3y)27.2%
ROE(5y)-4.17%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)28.88%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y49.72%
OM growth 5Y-11.88%
PM growth 3YN/A
PM growth 5Y25.82%
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0.91
Health
Industry RankSector Rank
Debt/Equity 0.84
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 272.76%
Cap/Sales 18.48%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.29
Quick Ratio 0.76
Altman-Z 0.76
F-Score2
WACC9.74%
ROIC/WACCN/A
Cap/Depr(3y)322.39%
Cap/Depr(5y)227.68%
Cap/Sales(3y)11.3%
Cap/Sales(5y)8.74%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1858.57%
EPS 3YN/A
EPS 5Y22.22%
EPS Q2Q%121.79%
EPS Next Y-1780.59%
EPS Next 2Y-184.23%
EPS Next 3Y-38.62%
EPS Next 5YN/A
Revenue 1Y (TTM)-10.69%
Revenue growth 3Y15.92%
Revenue growth 5Y0.71%
Sales Q2Q%-14.87%
Revenue Next Year-25.26%
Revenue Next 2Y-23.75%
Revenue Next 3Y-9.85%
Revenue Next 5Y7.33%
EBIT growth 1Y-156.81%
EBIT growth 3Y73.56%
EBIT growth 5Y-11.25%
EBIT Next Year-261.44%
EBIT Next 3Y8.12%
EBIT Next 5Y26.39%
FCF growth 1Y-112.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-251.35%
OCF growth 3Y231.43%
OCF growth 5Y1.35%

ALGOMA STEEL GROUP INC / ASTL.CA FAQ

What is the ChartMill fundamental rating of ALGOMA STEEL GROUP INC (ASTL.CA) stock?

ChartMill assigns a fundamental rating of 2 / 10 to ASTL.CA.


What is the valuation status of ALGOMA STEEL GROUP INC (ASTL.CA) stock?

ChartMill assigns a valuation rating of 0 / 10 to ALGOMA STEEL GROUP INC (ASTL.CA). This can be considered as Overvalued.


Can you provide the profitability details for ALGOMA STEEL GROUP INC?

ALGOMA STEEL GROUP INC (ASTL.CA) has a profitability rating of 2 / 10.


What is the financial health of ALGOMA STEEL GROUP INC (ASTL.CA) stock?

The financial health rating of ALGOMA STEEL GROUP INC (ASTL.CA) is 2 / 10.


Can you provide the dividend sustainability for ASTL stock?

The dividend rating of ALGOMA STEEL GROUP INC (ASTL.CA) is 3 / 10 and the dividend payout ratio is -3.22%.