Algoma Steel Group Inc.

Algoma Steel Group Inc.verified

ASTLW

Price:

$1.73

Market Cap:

$1.43B

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides 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 that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.[Read more]

Industry

Steel

IPO Date

Stock Exchange

NASDAQ

Ticker

ASTLW

The ROE as of September 2024 (TTM) for Algoma Steel Group Inc. (ASTLW) is -1.29%

According to Algoma Steel Group Inc.’s latest financial reports and current stock price. The company's current ROE is -1.29%. This represents a change of 202.95% compared to the average of -0.42% of the last 4 quarters.

Algoma Steel Group Inc. (ASTLW) Historical ROE (quarterly & annually)

How has ASTLW ROE performed in the past?

The mean historical ROE of Algoma Steel Group Inc. over the last ten years is -4.17%. The current -1.29% ROE has changed -69.14% with respect to the historical average. Over the past ten years (40 quarters), ASTLW's ROE was at its highest in in the March 2021 quarter at 57.59%. The ROE was at its lowest in in the December 2023 quarter at -5.89%.

Quarterly (TTM)
Annual

Average

-4.17%

Median

7.00%

Minimum

-58.65%

Maximum

54.20%

Algoma Steel Group Inc. (ASTLW) ROE by Quarter and Year

Discovering the peaks and valleys of Algoma Steel Group Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual ROE = 54.20%

Minimum Annual Increase = -223.77%

Minimum Annual ROE = -58.65%

Quarterly (TTM)
Annual
YearROEChange
20247.00%-65.70%
202320.41%-62.33%
202254.20%-223.77%
2021-43.79%-25.35%

Algoma Steel Group Inc. (ASTLW) Average ROE

How has ASTLW ROE performed in the past?

The current ROE of Algoma Steel Group Inc. (ASTLW) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

27.20%

5-year avg

-4.17%

10-year avg

-4.17%

Algoma Steel Group Inc. (ASTLW) ROE vs. Peers

How is ASTLW’s ROE compared to its peers?

Algoma Steel Group Inc.’s ROE is greater than Algoma Steel Group Inc. (-1.29%), greater than indie Semiconductor, Inc. (-18.50%), greater than Evolv Technologies Holdings, Inc. (-12.78%), greater than Benson Hill, Inc. (-119.56%), greater than Valens Semiconductor Ltd. WT (-18.06%),

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