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Algoma Steel Group Inc

Algoma Steel Group Inc share price today

(ASTL)

Algoma Steel Group Inc share price is $10.15 & ₹859.60 as on 7 Dec 2024, 2.30 'hrs' IST

$10.15

▲

-0.07

(-0.68%)

Market is closed - opens 8 PM, 09 Dec 2024

View live Algoma Steel Group Inc share price in Dollar and Rupees. Guide to invest in Algoma Steel Group Inc from India. Also see the sentimental analysis on Indian investors investing in Algoma Steel Group Inc. Get details on the Indian mutual funds that are investing in Algoma Steel Group Inc. Get Analyst recommendations and forecasts along with all the Algoma Steel Group Inc's financials.

Algoma Steel Group Inc share price movements

$10.08
$10.27
$10.15
0.69%
Downside
Day's Volatility :1.8%
Upside
1.12%
$6.67
$12.14
$10.15
34.29%
Downside
52 Weeks Volatility :45.06%
Upside
16.39%

Algoma Steel Group Inc Returns

Period	Algoma Steel Group Inc	Sector (Materials)	Index (Russel 2000)
3 Months	-3.31%	2.6%	0.0%
6 Months	37.92%	2.8%	0.0%
1 Year	25.71%	13.0%	0.0%
3 Years	2.92%	5.0%	-21.5%

Algoma Steel Group Inc Key Statistics

in dollars & INR

Previous Close	$10.22
Open	$10.28
Today's High	$10.265
Today's Low	$10.08
Market Capitalization	$1.1B
Today's Volume	$378.4K
52 Week High	$12.14
52 Week Low	$6.67
Revenue TTM	$2.5B
EBITDA	$-28.5M
Earnings Per Share (EPS)	$-1.01
Dividend Yield	1.88%
Profit Margin	-6.33%
Quarterly Earnings Growth YOY	-0.93%
Return On Equity TTM	-10.4%

How to invest in Algoma Steel Group Inc from India?

It is very easy for Indian residents to invest directly in Algoma Steel Group Inc from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Algoma Steel Group Inc stock in both rupees (INR) and dollars (USD). Search for Algoma Steel Group Inc or ASTL on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Algoma Steel Group Inc or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Algoma Steel Group Inc shares which would translate to 0.083 fractional shares of Algoma Steel Group Inc as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Algoma Steel Group Inc

10%

Period: Sep 8, 2024 to Dec 7, 2024. Change in 30 Days versus previous period

Search volume for Algoma Steel Group Inc on INDmoney from India has grown in the last 30 days as on Dec 8, 2024. 10% more investors are searching Algoma Steel Group Inc in the last 30 days versus the previous period.

Global Institutional Holdings in Algoma Steel Group Inc

Donald Smith & Co Inc
7.72%
Mmcap International Inc. Spc
6.70%
Maple Rock Capital Partners, Inc.
5.83%
Millennium Management LLC
3.73%
THOMIST CAPITAL MANAGEMENT, LP
3.48%
Contrarian Capital Management LLC
3.47%

Analyst Recommendation on Algoma Steel Group Inc

Analyst Forecast on Algoma Steel Group Inc

What analysts predicted

Upside of 97.04%

Current:

$10.15

Target:

$20.00

Insights on Algoma Steel Group Inc

Decreasing Revenue
Revenue is down for the last 2 quarters, 650.5M → 600.3M (in $), with an average decrease of 7.7% per quarter
Decreasing Net Profit
Netprofit is down for the last 4 quarters, 28.0M → -106.6M (in $), with an average decrease of 641.9% per quarter
Vs STLD
In the last 3 years, Steel Dynamics Inc. has given 123.0% return, outperforming this stock by 124.4%

Algoma Steel Group Inc Financials in INR & Dollars

	FY19	Y/Y Change
Revenue	$2.0B	↑ 50.54%
Net Income	$24.1M	↓ 110.26%
Net Profit Margin	1.19%	↑ 18.7%

	FY20	Y/Y Change
Revenue	$1.4B	↓ 27.48%
Net Income	$-126.4M	↓ 646.27%
Net Profit Margin	-8.99%	↓ 10.18%

	FY21	Y/Y Change
Revenue	$1.4B	↓ 8.28%
Net Income	$-127.6M	↓ 8.81%
Net Profit Margin	-8.94%	↑ 0.05%

	FY22	Y/Y Change
Revenue	$3.0B	↑ 112.05%
Net Income	$677.8M	↓ 634.73%
Net Profit Margin	22.54%	↑ 31.48%

	FY23	Y/Y Change
Revenue	$2.0B	↓ 27.0%
Net Income	$218.0M	↓ 65.2%
Net Profit Margin	10.74%	↓ 11.8%

	FY24	Y/Y Change
Revenue	$2.1B	↑ 0.62%
Net Income	$77.7M	↓ 64.76%
Net Profit Margin	3.76%	↓ 6.98%

	Q2 FY23	Q/Q Change
Revenue	$551.4M	↓ 11.44%
Net Income	$23.4M	↓ 76.24%
Net Profit Margin	4.25%	↓ 11.57%

	Q3 FY23	Q/Q Change
Revenue	$454.2M	↓ 16.0%
Net Income	$-62.6M	↓ 372.67%
Net Profit Margin	-13.78%	↓ 18.03%

	Q4 FY23	Q/Q Change
Revenue	$462.6M	↑ 0.84%
Net Income	$20.9M	↓ 133.02%
Net Profit Margin	4.51%	↑ 18.29%

	Q1 FY24	Q/Q Change
Revenue	$480.5M	↑ 4.82%
Net Income	$4.5M	↓ 78.21%
Net Profit Margin	0.94%	↓ 3.57%

	Q2 FY24	Q/Q Change
Revenue	$474.7M	↑ 0.0%
Net Income	$4.5M	↑ 0.0%
Net Profit Margin	0.94%	↑ 0.0%

	Q3 FY24	Q/Q Change
Revenue	$600.3M	↓ 7.72%
Net Income	$-106.6M	↓ 1847.54%
Net Profit Margin	-17.76%	↓ 18.7%

	FY20	Y/Y Change
Total Assets	$1.3B	-
Total Liabilities	$1.1B	-

	FY21	Y/Y Change
Total Assets	$1.2B	↓ 15.07%
Total Liabilities	$1.1B	↓ 9.79%

	FY22	Y/Y Change
Total Assets	$2.1B	↑ 73.34%
Total Liabilities	$878.0M	↓ 19.5%

	FY23	Y/Y Change
Total Assets	$1.8B	↓ 8.84%
Total Liabilities	$725.6M	↓ 10.59%

	FY24	Y/Y Change
Total Assets	$2.0B	↑ 8.98%
Total Liabilities	$866.9M	↑ 18.14%

	Q2 FY23	Q/Q Change
Total Assets	$2.0B	↑ 3.25%
Total Liabilities	$829.0M	↑ 1.15%

	Q3 FY23	Q/Q Change
Total Assets	$2.0B	↓ 2.27%
Total Liabilities	$893.8M	↑ 9.94%

	Q4 FY23	Q/Q Change
Total Assets	$2.0B	↑ 0.92%
Total Liabilities	$874.8M	↓ 3.08%

	Q1 FY24	Q/Q Change
Total Assets	$2.3B	↑ 16.71%
Total Liabilities	$1.2B	↑ 34.61%

	Q2 FY24	Q/Q Change
Total Assets	$2.3B	↑ 0.0%
Total Liabilities	$1.2B	↑ 0.0%

	Q3 FY24	Q/Q Change
Total Assets	$3.1B	↓ 0.87%
Total Liabilities	$1.7B	↑ 6.48%

	FY19	Y/Y Change
Operating Cash Flow	$206.5M	↑ 292.32%
Investing Cash Flow	$-426.6M	↑ 1702.85%
Financing Cash Flow	$321.8M	↓ 714.0%

	FY20	Y/Y Change
Operating Cash Flow	$-3.4M	↓ 101.7%
Investing Cash Flow	$-82.7M	↓ 79.8%
Financing Cash Flow	$177.2M	↓ 42.6%

	FY21	Y/Y Change
Operating Cash Flow	$6.4M	↓ 272.34%
Investing Cash Flow	$-58.0M	↓ 36.66%
Financing Cash Flow	$-133.1M	↓ 167.86%

	FY22	Y/Y Change
Operating Cash Flow	$998.4M	↑ 15497.53%
Investing Cash Flow	$-130.9M	↑ 127.3%
Financing Cash Flow	$-157.0M	↑ 18.7%

	FY23	Y/Y Change
Operating Cash Flow	$129.5M	↓ 85.97%
Investing Cash Flow	$-243.6M	↑ 101.27%
Financing Cash Flow	$-416.1M	↑ 186.66%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$43.1M	↓ 40.04%
Investing Cash Flow	$-80.1M	↑ 28.81%
Financing Cash Flow	$4.0M	↓ 164.63%

Algoma Steel Group Inc Technicals Summary

Sell

Neutral

Buy

Algoma Steel Group Inc is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Algoma Steel Group Inc Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Algoma Steel Group Inc	-11.97%	37.92%	25.71%	2.92%	-12.87%
Steel Dynamics Inc.	-6.25%	12.15%	20.85%	127.15%	297.65%
Reliance Inc	-4.18%	8.09%	13.95%	96.1%	155.63%
United States Steel Corp.	-7.48%	2.1%	7.5%	68.62%	179.7%
Nucor Corporation	-9.68%	-7.46%	-11.55%	28.95%	152.11%
Posco Holdings Inc	-21.17%	-31.12%	-47.46%	-23.89%	-2.77%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Algoma Steel Group Inc	17.78	NA	NA	0.39	-0.1	-0.04	0.02	13.54
Steel Dynamics Inc.	13.08	13.08	10.91	10.14	0.2	0.09	0.01	59.34
Reliance Inc	16.83	16.83	1.2	16.44	0.14	0.08	0.01	135.82
United States Steel Corp.	23.84	23.84	1.68	2.35	0.03	0.01	0.01	51.42
Nucor Corporation	14.93	14.93	0.75	8.37	0.13	0.07	0.01	87.19
Posco Holdings Inc	17.24	17.24	0.89	4.25	0.02	0.02	0.04	669333.4

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Algoma Steel Group Inc	NA	$1.1B	-12.87%	17.78	-6.33%
Steel Dynamics Inc.	Hold	$22.1B	297.65%	13.08	9.8%
Reliance Inc	Buy	$16.6B	155.63%	16.83	7.42%
United States Steel Corp.	Hold	$8.6B	179.7%	23.84	2.41%
Nucor Corporation	Buy	$36.4B	152.11%	14.93	8.05%
Posco Holdings Inc	Buy	$14.6B	-2.77%	17.24	1.79%

About Algoma Steel Group Inc

essar steel algoma inc. is a fully integrated steel producer with a manufacturing capacity approaching 4 million tons per annum. we are an organization of action-oriented, customer-focused, original thinkers who are dedicated to best practices and continuous improvement. acquired by essar in 2007, essar brings a wealth of technical know-how and a proven positive attitude to algoma’s 100+ years of steelmaking tradition. essar produces some of the cleanest, most consistent light gauge steel in north america, specializing in carbon and high strength low-alloy (hsla) grades. our direct strip production complex offers superior surface quality, dimensional control and consistent chemical and mechanical properties, and our highly automated plate mill produces a full range of as-rolled and heat treated plate. together these facilities produce quality steel products that exceed most international performance standards for manufacturing, construction, mining, energy, ship, rail and military ap

Organization	Algoma Steel Group Inc
Employees	2844
CEO	Mr. Michael Dennis Garcia
Industry	Basic Materials

Management People of Algoma Steel Group Inc

Name	Title
Mr. Michael Dennis Garcia	CEO & Director
Mr. Rajat Marwah	Chief Financial Officer
Mr. John Ralph Naccarato	VP of Strategy & Chief Legal Officer
Mr. Mike Panzeri	Senior Vice President of Production
Michael Moraca	Treasurer & Investor Relations Officer
Ms. Danielle Baker	Chief Human Resource Officer
Mr. Chris Ford	Chief Commercial Officer

Important FAQs about investing in Algoma Steel Group Inc from India :

What is Algoma Steel Group Inc share price today?

Algoma Steel Group Inc (ASTL) share price today is $10.15.

Can Indians buy Algoma Steel Group Inc shares?

Yes, Indians can invest in the Algoma Steel Group Inc (ASTL) from India.

With INDmoney, you can buy Algoma Steel Group Inc at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Algoma Steel Group Inc at zero transaction cost.

How can I buy Algoma Steel Group Inc shares from India?

It is very easy to buy Algoma Steel Group Inc from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Algoma Steel Group Inc be purchased?

Yes, you can buy fractional shares of Algoma Steel Group Inc with INDmoney app.

What are the documents required to start investing in Algoma Steel Group Inc stocks?

To start investing in Algoma Steel Group Inc, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.