Algoma Steel Overview

  • Year Founded
  • 1901

Year Founded

  • Status
  • Public

  • Employees
  • 2,847

Employees

  • Stock Symbol
  • ASTL

Stock Symbol

  • Investments
  • 3

  • Share Price
  • $7.90
  • (As of Tuesday Closing)

Algoma Steel General Information

Description

Algoma Steel Group Inc is a Canadian company engaged in the production of clean and consistent light gauge steel. The company offers a range of hot and cold rolled steel sheet and plate products. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The Company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.

Contact Information

Website
www.algoma.com
Formerly Known As
Essar Steel Algoma, 1295908 B.C. Ltd.
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Industrial Supplies and Parts
Stock Exchange
TSE
Corporate Office
  • 105 West Street
  • Sault Suite Marie, Ontario P6A 7B4
  • Canada
+1 (705) 000-0000

Algoma Steel Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Algoma Steel Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$7.90 $7.81 $6.35 - $10.26 $822M 104M 48.7K $0.39

Algoma Steel Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022 FY 2021 31-Mar-2021
EV 983,544 746,924 872,305
Revenue 2,112,270 2,098,502 3,034,531 1,356,279
EBITDA 173,122 370,759 1,038,725 71,256
Net Income 42,059 225,446 683,846 (57,503)
Total Assets 1,998,794 1,815,467 2,157,538 1,231,017
Total Debt 109,754 90,714 77,055 498,618
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Algoma Steel Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Algoma Steel Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Algoma Steel Group Inc is a Canadian company engaged in the production of clean and consistent light gauge steel. The co
Industrial Supplies and Parts
Sault Suite Marie, Canada
2,847 As of 2023
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Charlotte, NC
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Columbus, OH
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Algoma Steel Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nucor Corporation Charlotte, NC 00000 00.00 000000000 00.00
Worthington Enterprises Formerly PE-Backed Columbus, OH 0000 00000 000000000 00 00000
Federal Steel Supply Private Equity-Backed Chesterfield, MO 00 000000000000
Siegal Steel Company Corporate Backed or Acquired Chicago, IL 000000&0
United Poly Systems Formerly PE-Backed Springfield, MO 000 000.00 000000&0 000.00
To view Algoma Steel’s complete competitors history, request access »

Algoma Steel Executive Team (12)

Name Title Board Seat Contact Info
Michael Garcia Chief Executive Officer & Board Member
Rajat Marwah Chief Financial Officer, Finance
John Naccarato Vice President & Chief Legal Officer, Legal
Danielle Baker Executive
Michael Moraca Investor Relations Officer & Treasurer
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Algoma Steel Board Members (10)

Name Representing Role Since
000 0000000000 Algoma Steel Board Member 000 0000
00000 0000 Algoma Steel Board Member 000 0000
0000 000000000 Self Board Member 000 0000
00000 00000 Self Board Member 000 0000
0000 0000000000 00 Algoma Steel Board Member 000 0000
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Algoma Steel Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Algoma Steel Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Algoma Steel Investments & Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ATM Metals 27-Oct-2021 00000 0000 Environmental Services (B2B) 0000000 0
Legato Merger 19-Oct-2021 0000000000 Special Purpose Acquisition Company (SPAC) 0000000 0
Nayara Energy 20-Jun-2014 Secondary Transaction - Open Market 00000 Energy Exploration
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Algoma Steel ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Machinery

Industry

Rank

Percentile

Industrial Machinery

Subindustry

Rank

Percentile

To view Algoma Steel’s complete esg history, request access »

Algoma Steel FAQs

  • When was Algoma Steel founded?

    Algoma Steel was founded in 1901.

  • Who is the CEO of Algoma Steel?

    Michael Garcia is the CEO of Algoma Steel.

  • Where is Algoma Steel headquartered?

    Algoma Steel is headquartered in Sault Suite Marie, Canada.

  • What is the size of Algoma Steel?

    Algoma Steel has 2,847 total employees.

  • What industry is Algoma Steel in?

    Algoma Steel’s primary industry is Industrial Supplies and Parts.

  • Is Algoma Steel a private or public company?

    Algoma Steel is a Public company.

  • What is Algoma Steel’s stock symbol?

    The ticker symbol for Algoma Steel is ASTL.

  • What is the current stock price of Algoma Steel?

    As of 23-Apr-2024 the stock price of Algoma Steel is $7.90.

  • What is the current market cap of Algoma Steel?

    The current market capitalization of Algoma Steel is $822M.

  • What is Algoma Steel’s current revenue?

    The trailing twelve month revenue for Algoma Steel is $2.11B.

  • Who are Algoma Steel’s competitors?

    Nucor, Worthington Enterprises, Federal Steel Supply, Siegal Steel Company, and United Poly Systems are some of the 6 competitors of Algoma Steel.

  • What is Algoma Steel’s annual earnings per share (EPS)?

    Algoma Steel’s EPS for 12 months was $0.39.

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