Algoma Steel Group stock
ASTLNASDAQAlgoma Steel Group Inc., Basic MaterialsISIN CA0156581070
40Score 40 out of 100, Weak
Price and trend
86 / 100
Price history
+43% in one yearThe chart shows daily closes over 6 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 25% above it.
Since November 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 67).
The price is 3.4% below its 52-week high. Largest decline in 6 years: 75% (November 2021 to October 2025).
Chart figures for advanced users
- SMA 50$4.56
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$4.48
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)67
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$3.28
- The lowest closing price of the last twelve months.
- Resistance$5.81
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Algoma Steel Group Inc. belongs to the Steel industry (Canada) and, with a market value of $592.76M, is number 39 of 42 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $1.46B (up 22.3% year on year) and a loss of $691.22M.
- MEQIRI Score 40 out of 100 (Weak): rank 390 of 461 in Basic Materials, median 57.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
None of our strength checks applies.
Weaknesses
- Margin fallingOperating margin −37.3%, average of the prior years 6% (to 2025).Profitability 12
- High debtDebt 4.78 times equity (latest quarter), Steel median 0.36.Stability 27
- Loss-makingLoss of $526.15M over the last 12 months.Fundamentals 17
Its standout strengths are momentum and technical analysis, while fundamentals and profitability hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansValuation
Valuation signal
not measuredA fair value is not meaningful here, so the signal follows the valuation grade.
Valuation metrics
The model puts the fair value at less than a quarter of the share price. That says more about the assumptions than about the company, so a fair value is not meaningful here and the valuation relies on the P/E and the other metrics.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 42.9% on the twelve months before. Revenue has changed sharply in recent years: $1.46B in 2026 after $1.96B in 2024.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2026: gross −32%, operating −37%, net −47%. Last 12 months: net −59%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 10 Mar 2027in 117 days
- Last reported
- 28 Oct 2026EPS reported −0.84 (expected −0.49)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- 1.180.0%
- Revenue
- $2.22B+42.9%
- Earnings per share
- 1.520.0%
- Revenue
- $2.43B+42.9%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: −3.4%Algoma expects fourth quarter shipments to rise 25% to 35% versus the third quarter and a substantial improvement in underlying EBITDA, as both EAF units are now producing after the turbine repair.
“With power restored and both EAF units now in our production schedule, we expect fourth quarter shipments to increase by approximately 25% to 35% versus the third quarter, with volumes weighted towards November and December as we ramp our second EAF unit.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases or sales in the last 6 months.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Algoma Steel Group
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
461 rated companies in Basic Materials
- This company
- 40
- Sector median
- 57
Categories against the sector medianMedian of 461 companies
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Steel
The next larger and next smaller companies by market value
- Worthington SteelWS $1.97B48
- OutokumpuOUT1V.HE $1.95B35
- Companhia Siderúrgica NacionalSID $1.02B32
- SunCoke EnergySXC $913.25M55
- MetallusMTUS $717.08M41
- Jacquet MetalsJCQ.PA $486.66M50
- TubacexTUB.MC $405.73M42
- Hongli GroupHLP $331.09M53
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = CA$1.4249)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 31 Aug 2024)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.