Algoma Steel Price To Sales vs. Shares Owned By Insiders
| ASTL Stock | 14.94 0.09 0.61% |
Algoma Steel Price To Sales Ratio |
|
For Algoma Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Algoma Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Algoma Steel Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Algoma Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Algoma Steel Group over time as well as its relative position and ranking within its peers.
Algoma |
Algoma Steel Group Shares Owned By Insiders vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Algoma Steel's current stock value. Our valuation model uses many indicators to compare Algoma Steel value to that of its competitors to determine the firm's financial worth. Algoma Steel Group is rated fourth in price to sales category among its peers. It is rated fifth in shares owned by insiders category among its peers making about 12.03 of Shares Owned By Insiders per Price To Sales. At this time, Algoma Steel's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Algoma Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Algoma Steel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Algoma Shares Owned By Insiders vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Algoma Steel |
| = | 0.63 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Algoma Steel |
| = | 7.55 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Algoma Shares Owned By Insiders Comparison
Algoma Steel is currently under evaluation in shares owned by insiders category among its peers.
Algoma Steel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Algoma Steel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Algoma Steel will eventually generate negative long term returns. The profitability progress is the general direction of Algoma Steel's change in net profit over the period of time. It can combine multiple indicators of Algoma Steel, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 267.1 M | 280.5 M | |
| Operating Income | 164 M | 234.5 M | |
| Income Before Tax | 144.9 M | 121.4 M | |
| Total Other Income Expense Net | -19.1 M | -20.1 M | |
| Net Income Applicable To Common Shares | 343.3 M | 360.4 M | |
| Net Income | 105.2 M | 72.1 M | |
| Income Tax Expense | 39.7 M | 76.3 M | |
| Interest Income | 10 M | 9.5 M | |
| Net Interest Income | -34.9 M | -36.6 M | |
| Net Income From Continuing Ops | 105.2 M | 99.9 M | |
| Change To Netincome | -34 M | -32.3 M | |
| Net Income Per Share | 0.70 | 0.57 | |
| Income Quality | 2.80 | 2.94 | |
| Net Income Per E B T | 0.73 | 1.11 |
Algoma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Algoma Steel. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Algoma Steel position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Algoma Steel's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Algoma Steel without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Competition Analyzer Now
Competition AnalyzerAnalyze and compare many basic indicators for a group of related or unrelated entities |
| All Next | Launch Module |
Use Investing Themes to Complement your Algoma Steel position
In addition to having Algoma Steel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Automobiles and Trucks Thematic Idea Now
Automobiles and Trucks
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Automobiles and Trucks Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Trending Equities. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
To fully project Algoma Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Algoma Steel Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Algoma Steel's income statement, its balance sheet, and the statement of cash flows.