Algoma Steel Group Inc.
ASTLBasic MaterialsNASDAQSteel · Last scanned May 29, 2026
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Daily timeframeAlgoma Steel Group Inc. produces and sells steel products in Canada, the United States, and internationally. Valued at $592.3M, ASTL is a small-cap name in its sector. 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 tube 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.
Market Cap
$592.3M
Beta
1.55
P/E (TTM)
—
P/E (Fwd)
-16.51
EPS (TTM)
$-7.43
EPS (Fwd)
$-0.34
ROE
-122.4%
ROA
-19.7%
Cash
$65.3M
Total Debt
$941.9M
Free CF
-$269.1M
52W Change
13.8%
Annual Financials
Cash vs Debt
The company holds $65.3M in cash, though total debt stands at $941.9M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$269.1M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -122.4% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has pulled back from $3.81B (2022) to $2.09B (2025), a 45% decline worth watching.
Algoma Steel Group Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing ASTL.