# Algoma Steel Group Inc. (ASTL.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Basic Materials / Mining & Metals. Price C$7.47, market value C$789 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Algoma Steel Group Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.6×**. Each dollar of revenue is priced at 0.6×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 4.0×**. The shares trade at 4.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -20.7%** (5-yr avg -4.9%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: -54.7%**. Algoma Steel Group Inc. keeps -54.7% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -62.0%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -47.2%**. The company reported a net loss over the last twelve months.
- **Return on equity: -200.5%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -48.7%**. Return on all capital, debt included, is -48.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -35.4%**. Each dollar of assets produces -35.4% of profit.

## Growth
- **Revenue growth (1 yr): -25.4%** (3-yr -18.2%/yr). Revenue fell 25.4% over the last year.
- **EPS growth (1 yr): -1394.3%**. Earnings per share fell 1394.3%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.76**. Debt is 1.76 times equity, a leveraged balance sheet that needs steady cash flow to service.
- **Net debt / EBITDA: net cash**. Algoma Steel Group Inc. holds more cash than debt.
- **Interest coverage: -8.0×**. Operating profit covers interest only -8.0×: fragile.
- **Current ratio: 2.18** (quick 1.03). Current assets cover the next year's liabilities 2.18 times.
- **Altman Z-score: 0.69**. A Z-score of 0.69 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 1/9**. 1 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Algoma Steel Group Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: hold** (4 analysts). 4 analysts cover Algoma Steel Group Inc.; the consensus is hold, with an average price target of C$7.88 (+5% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 19.3%** (YTD 18.1%, 3-mo 23.7%). The shares are up 19.3% over twelve months including dividends.
- **From 52-week high: -8.5%** (67.5% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 58**. An RSI of 58 is neutral.
- **Beta (1 yr): 2.16** (volatility 67%). Beta of 2.16 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ASTL.TO · Page: https://foliofundamentals.com/stocks/astl.to

Not investment advice.