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- Algoma Steel Group
Algoma Steel Group Valuation Multiples
Discover revenue and EBITDA valuation multiples for Algoma Steel Group and similar public comparables like Kocaer Çelik, 29Metals, Viscaria, Meeka Metals and more.
Algoma Steel Group Overview
About Algoma Steel Group
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. 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.
Founded
2021
HQ

Employees
2.8K
Website
Sectors
Financials (LTM)
EV
$1B
Algoma Steel Group Financials
Algoma Steel Group reported last 12-month revenue of $1B and negative EBITDA of ($164M).
In the same LTM period, Algoma Steel Group generated ($259M) in gross profit, ($164M) in EBITDA losses, and had net loss of ($603M).
Revenue (LTM)
Algoma Steel Group P&L
In the most recent fiscal year, Algoma Steel Group reported revenue of $2B and EBITDA of ($192M).
Algoma Steel Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | ($259M) | XXX | ($484M) | XXX | XXX | XXX |
| Gross Margin | (18%) | XXX | (32%) | XXX | XXX | XXX |
| EBITDA | ($164M) | XXX | ($192M) | XXX | XXX | XXX |
| EBITDA Margin | (11%) | XXX | (13%) | XXX | XXX | XXX |
| EBIT Margin | (55%) | XXX | (37%) | XXX | XXX | XXX |
| Net Profit | ($603M) | XXX | ($718M) | XXX | XXX | XXX |
| Net Margin | (42%) | XXX | (47%) | XXX | XXX | XXX |
| Net Debt | — | — | $571M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Algoma Steel Group Stock Performance
Algoma Steel Group has current market cap of $492M, and enterprise value of $1B.
Market Cap Evolution
Algoma Steel Group's stock price is $4.69.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $492M | 0.0% | XXX | XXX | XXX | $-6.84 |
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Start Free TrialAlgoma Steel Group Valuation Multiples
Algoma Steel Group trades at 0.7x EV/Revenue multiple, and (6.3x) EV/EBITDA.
EV / Revenue (LTM)
Algoma Steel Group Financial Valuation Multiples
As of March 24, 2026, Algoma Steel Group has market cap of $492M and EV of $1B.
Equity research analysts estimate Algoma Steel Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Algoma Steel Group has a P/E ratio of (0.8x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $492M | XXX | $492M | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | 0.7x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | (6.3x) | XXX | (5.4x) | XXX | XXX | XXX |
| EV/EBIT | (1.3x) | XXX | (1.8x) | XXX | XXX | XXX |
| EV/Gross Profit | (4.0x) | XXX | (2.1x) | XXX | XXX | XXX |
| P/E | (0.8x) | XXX | (0.7x) | XXX | XXX | XXX |
| EV/FCF | (4.3x) | XXX | (3.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Algoma Steel Group Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Algoma Steel Group Margins & Growth Rates
Algoma Steel Group's revenue in the last 12 month declined by (16%).
Algoma Steel Group's revenue per employee in the last FY averaged $0.5M.
Algoma Steel Group's rule of 40 is (27%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Algoma Steel Group's rule of X is (51%) (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Algoma Steel Group Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | (16%) | XXX | (25%) | XXX | XXX | XXX |
| EBITDA Margin | (11%) | XXX | (13%) | XXX | XXX | XXX |
| EBITDA Growth | (89%) | XXX | (66%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | (27%) | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | (51%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 5% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 5% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Algoma Steel Group Public Comps
See public comps and valuation multiples for other Metals & Mining comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Kocaer Çelik | XXX | XXX | XXX | XXX | XXX | XXX |
| 29Metals | XXX | XXX | XXX | XXX | XXX | XXX |
| Viscaria | XXX | XXX | XXX | XXX | XXX | XXX |
| Meeka Metals | XXX | XXX | XXX | XXX | XXX | XXX |
| Pensana | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Algoma Steel Group M&A Activity
Algoma Steel Group acquired XXX companies to date.
Last acquisition by Algoma Steel Group was on XXXXXXXX, XXXXX. Algoma Steel Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Algoma Steel Group
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAlgoma Steel Group Investment Activity
Algoma Steel Group invested in XXX companies to date.
Algoma Steel Group made its latest investment on XXXXXXXX, XXXXX. Algoma Steel Group invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Algoma Steel Group
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Algoma Steel Group
| When was Algoma Steel Group founded? | Algoma Steel Group was founded in 2021. |
| Where is Algoma Steel Group headquartered? | Algoma Steel Group is headquartered in Canada. |
| How many employees does Algoma Steel Group have? | As of today, Algoma Steel Group has over 2K employees. |
| Who is the CEO of Algoma Steel Group? | Algoma Steel Group's CEO is Michael Dennis Garcia. |
| Is Algoma Steel Group publicly listed? | Yes, Algoma Steel Group is a public company listed on Nasdaq. |
| What is the stock symbol of Algoma Steel Group? | Algoma Steel Group trades under ASTL ticker. |
| When did Algoma Steel Group go public? | Algoma Steel Group went public in 2021. |
| Who are competitors of Algoma Steel Group? | Algoma Steel Group main competitors are Kocaer Çelik, 29Metals, Viscaria, Meeka Metals. |
| What is the current market cap of Algoma Steel Group? | Algoma Steel Group's current market cap is $492M. |
| What is the current revenue of Algoma Steel Group? | Algoma Steel Group's last 12 months revenue is $1B. |
| What is the current revenue growth of Algoma Steel Group? | Algoma Steel Group revenue growth (NTM/LTM) is (16%). |
| What is the current EV/Revenue multiple of Algoma Steel Group? | Current revenue multiple of Algoma Steel Group is 0.7x. |
| Is Algoma Steel Group profitable? | No, Algoma Steel Group is not profitable. |
| What is the current EBITDA of Algoma Steel Group? | Algoma Steel Group has negative EBITDA and is not profitable. |
| What is Algoma Steel Group's EBITDA margin? | Algoma Steel Group's last 12 months EBITDA margin is (11%). |
| What is the current EV/EBITDA multiple of Algoma Steel Group? | Current EBITDA multiple of Algoma Steel Group is (6.3x). |
| What is the current FCF of Algoma Steel Group? | Algoma Steel Group's last 12 months FCF is ($242M). |
| What is Algoma Steel Group's FCF margin? | Algoma Steel Group's last 12 months FCF margin is (17%). |
| What is the current EV/FCF multiple of Algoma Steel Group? | Current FCF multiple of Algoma Steel Group is (4.3x). |
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