Algoma Steel Net Worth
Algoma Steel Net Worth Breakdown | ASTLW |
Algoma Steel Net Worth Analysis
Algoma Steel's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Algoma Steel's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Algoma Steel's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Algoma Steel's net worth analysis. One common approach is to calculate Algoma Steel's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Algoma Steel's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Algoma Steel's net worth. This approach calculates the present value of Algoma Steel's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Algoma Steel's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Algoma Steel's net worth. This involves comparing Algoma Steel's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Algoma Steel's net worth relative to its peers.
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To determine if Algoma Steel is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Algoma Steel's net worth research are outlined below:
| Algoma Steel Group had very high historical volatility over the last 90 days | |
| Algoma Steel Group may become a speculative penny stock | |
| Algoma Steel Group has high likelihood to experience some financial distress in the next 2 years | |
| Algoma Steel Group has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Tranche Update on Algoma Steel Group Inc.s Equity Buyback Plan announced on August 30, 2024. - Marketscreener.com |
Project Algoma Steel's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.07 | 0.08 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.07 | 0.09 |
When accessing Algoma Steel's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Algoma Steel's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Algoma Steel's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Algoma Steel's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Algoma Steel Group. Check Algoma Steel's Beneish M Score to see the likelihood of Algoma Steel's management manipulating its earnings.
Evaluate Algoma Steel's management efficiency
The company has return on total asset (ROA) of (0.0352) % which means that it has lost $0.0352 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.104) %, meaning that it generated substantial loss on money invested by shareholders. Algoma Steel's management efficiency ratios could be used to measure how well Algoma Steel manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to climb to 0.04 in 2024. Return On Capital Employed is likely to climb to 0.08 in 2024. At this time, Algoma Steel's Non Currrent Assets Other are fairly stable compared to the past year. Return On Tangible Assets is likely to climb to 0.04 in 2024, whereas Non Current Assets Total are likely to drop slightly above 842.5 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.00 | 10.50 | |
| Tangible Book Value Per Share | 9.99 | 10.49 | |
| Enterprise Value Over EBITDA | 6.93 | 5.18 | |
| Price Book Value Ratio | 1.17 | 1.23 | |
| Enterprise Value Multiple | 6.93 | 5.18 | |
| Price Fair Value | 1.17 | 1.23 | |
| Enterprise Value | 1.8 B | 3.4 B |
The decision-making processes within Algoma Steel are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Revenue 2.5 B | Quarterly Revenue Growth (0.18) | Revenue Per Share 22.941 | Return On Equity (0.10) |
Algoma Steel Earnings per Share Projection vs Actual
Algoma Steel Corporate Management
| Rory Brandow | Vice Sales | Profile | |
| Brenda Stenta | Manager Branding | Profile | |
| Rajat Marwah | Chief Officer | Profile | |
| Mike Panzeri | Senior Production | Profile | |
| Michael Moraca | Treasurer Officer | Profile | |
| Danielle Baker | Chief Officer | Profile |
Already Invested in Algoma Steel Group?
The danger of trading Algoma Steel Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Algoma Steel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Algoma Steel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Algoma Steel Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Algoma Stock Analysis
When running Algoma Steel's price analysis, check to measure Algoma Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Algoma Steel is operating at the current time. Most of Algoma Steel's value examination focuses on studying past and present price action to predict the probability of Algoma Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Algoma Steel's price. Additionally, you may evaluate how the addition of Algoma Steel to your portfolios can decrease your overall portfolio volatility.