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Upturn AI SWOT - About
Algoma Steel Group Inc (ASTL)
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Upturn Advisory Summary
04/01/2025: ASTL (3-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 24.04% | Avg. Invested days 38 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 535.83M USD | Price to earnings Ratio - | 1Y Target Price 20 |
Price to earnings Ratio - | 1Y Target Price 20 | ||
Volume (30-day avg) 1390866 | Beta 1.58 | 52 Weeks Range 4.51 - 11.99 | Updated Date 04/4/2025 |
52 Weeks Range 4.51 - 11.99 | Updated Date 04/4/2025 | ||
Dividends yield (FY) 3.91% | Basic EPS (TTM) -1.01 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -9.07% | Operating Margin (TTM) -21.82% |
Management Effectiveness
Return on Assets (TTM) -3.52% | Return on Equity (TTM) -10.4% |
Valuation
Trailing PE - | Forward PE 5.41 | Enterprise Value 802208830 | Price to Sales(TTM) 0.22 |
Enterprise Value 802208830 | Price to Sales(TTM) 0.22 | ||
Enterprise Value to Revenue 0.46 | Enterprise Value to EBITDA 83.09 | Shares Outstanding 104859000 | Shares Floating 84180646 |
Shares Outstanding 104859000 | Shares Floating 84180646 | ||
Percent Insiders 7.55 | Percent Institutions 79.49 |
Analyst Ratings
Rating 4 | Target Price 20 | Buy 3 | Strong Buy - |
Buy 3 | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Algoma Steel Group Inc
Company Overview
History and Background
Algoma Steel Group Inc. (formerly Algoma Steel Inc.) has a history dating back to 1901 in Sault Ste. Marie, Ontario, Canada. Originally founded by Francis H. Clergue, it underwent several ownership changes and restructuring processes, including bankruptcy protection. It became a publicly traded company in 2021.
Core Business Areas
- Integrated Steel Production: Algoma Steel is a fully integrated steel producer, meaning it handles the entire steelmaking process from raw materials to finished products.
- Flat-Rolled Steel: The company specializes in the production and sale of various flat-rolled steel products including hot-rolled coils, cold-rolled coils, and plate.
Leadership and Structure
The leadership team consists of the CEO, CFO, and other senior executives. The organizational structure is typical of a large manufacturing company, with departments for operations, sales, finance, and human resources.
Top Products and Market Share
Key Offerings
- Competitors: U.S. Steel (X), Nucor (NUE), Cleveland-Cliffs (CLF)
- Hot-Rolled Steel: Hot-rolled steel is a primary product. Market share data for individual steel products is not readily available. Competitors include U.S. Steel (X), Nucor (NUE), and Cleveland-Cliffs (CLF). Revenue attributed specifically to this product is not publicly broken out.
- Cold-Rolled Steel: Cold-rolled steel is another key offering used in various applications. Competitors include U.S. Steel (X), Nucor (NUE), and Cleveland-Cliffs (CLF). Revenue attributed specifically to this product is not publicly broken out.
- Competitors: U.S. Steel (X), Nucor (NUE), Cleveland-Cliffs (CLF)
- Competitors: U.S. Steel (X), Nucor (NUE), Cleveland-Cliffs (CLF)
- Steel Plate: Steel plate is produced and sold for applications requiring strength and durability. Competitors include U.S. Steel (X), Nucor (NUE), and Cleveland-Cliffs (CLF). Revenue attributed specifically to this product is not publicly broken out.
Market Dynamics
Industry Overview
The steel industry is cyclical and influenced by global economic conditions, demand from key sectors like automotive and construction, and raw material prices. It's also subject to trade policies and tariffs.
Positioning
Algoma Steel is a significant player in the Canadian steel market, focusing on flat-rolled steel. A key competitive advantage is their location, and the cost position is expected to improve after the Electric Arc Furnace (EAF) transition is complete. The EAF will reduce greenhouse gas emissions and lower costs.
Total Addressable Market (TAM)
The global steel market is in the trillions of USD. Algoma Steel's TAM is the portion of the North American flat-rolled steel market that it can realistically serve and compete in. Their positioning will improve with the completion of the EAF.
Upturn SWOT Analysis
Strengths
- Integrated steel production
- Strategic location in Canada
- Focus on flat-rolled steel
- Expected cost improvements from EAF transition
- Well-established customer base
Weaknesses
- Exposure to cyclical steel market
- Reliance on raw material prices
- Geographic concentration in Canada
- Legacy pension and benefit obligations
- Capital intensive operations
Opportunities
- Growing demand for steel in North America
- Infrastructure spending initiatives
- Potential for expansion into new markets
- Adoption of sustainable steelmaking technologies
- Government support for domestic steel industry
Threats
- Global economic downturns
- Increased competition from international steel producers
- Fluctuations in raw material prices
- Trade policies and tariffs
- Environmental regulations
Competitors and Market Share
Key Competitors
- U.S. Steel (X)
- Nucor (NUE)
- Cleveland-Cliffs (CLF)
Competitive Landscape
Algoma Steel's competitive advantage lies in its strategic Canadian location and the future cost benefits of the EAF. Disadvantages include smaller scale compared to U.S. giants and exposure to Canadian-specific market dynamics.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been tied to steel demand and economic cycles. Recent growth tied to company restructuring and market rebound.
Future Projections: Future growth is projected to be driven by the EAF transition and increased demand for steel. Analyst estimates vary and need to be updated regularly.
Recent Initiatives: Key initiatives include the Electric Arc Furnace (EAF) project to reduce emissions and lower costs, improving their competitive position.
Summary
Algoma Steel is a Canadian steel producer undergoing a strategic shift to electric arc furnace technology. The EAF is expected to drive efficiency and reduce environmental impact. They are exposed to the cyclicality of the steel market and global economic conditions. Their long-term success hinges on the successful execution of their EAF transition and managing commodity price volatility.
Similar Companies
CLF
Cleveland-Cliffs Inc
CLF
Cleveland-Cliffs Inc
NUE
Nucor Corp
NUE
Nucor Corp
X
United States Steel Corporation
X
United States Steel Corporation
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- News articles
- Analyst reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Market share data is estimated and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Algoma Steel Group Inc
Exchange NASDAQ | Headquaters Sault Ste. Marie, ON, Canada | ||
IPO Launch date 2021-10-20 | CEO & Director Mr. Michael Dennis Garcia | ||
Sector Basic Materials | Industry Steel | Full time employees 2818 | Website https://algoma.com |
Full time employees 2818 | Website https://algoma.com | ||
Algoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. The company offers flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; and plate steel products consisting of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, armored products for military applications, diameter pipelines, and wind energy generation equipment. It also provides by-products, such as furnace and buckwheat coke, braize coke, and flue dust; high sulpur beach and kish iron, BOF pit grissly and scrap, BOF and pellet fines, and mill roll scale; light oil and coal tar; granulated and air cooled slag; and machine shop turnings, used mill rolls, recycled oil, non-ferrous metal, and lime fines. The company was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.
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