Algoma Steel Group (TSX:ASTL) Float Percentage Of Total Shares Outstanding: 74.48% (As of Jul. 01, 2026)


TSX:ASTL Algoma Steel Group Inc TSX:ASTL
65 GF Score
Price C$5.78
GF Value C$7.83
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Algoma Steel Group Float Percentage Of Total Shares Outstanding?

Algoma Steel Group TSX:ASTL +0.70% 65 Float Percentage Of Total Shares Outstanding is 74.48% as of Jul. 01, 2026. GuruFocus rates TSX:ASTL with a GF Score™ of 65/100 and a GF Value™ of C$7.83 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Float percentage of total shares outstanding is the percentage of float shares relative to the total shares outstanding. As of today, Algoma Steel Group's float shares is 78.50 Mil. Algoma Steel Group's total shares outstanding is 105.39 Mil. Algoma Steel Group's float percentage of total shares outstanding is 74.48%.

Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding. As of today, Algoma Steel Group's Insider Ownership is 0.00%.

Institutional Ownership is the percentage of shares that are owned by institutions out of the total shares outstanding. As of today, Algoma Steel Group's Institutional Ownership is 18.32%.

TSX:ASTL
65GF Score
Algoma Steel Group Inc TSX:ASTL
Float Percentage Of Total Shares Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Steel Group Float Percentage Of Total Shares Outstanding Calculation

It is the percentage of float shares out of the total shares outstanding.

Algoma Steel Group's Float Percentage of Total Shares Outstanding for today is calculated as follows:

Float Percentage of Total Shares Outstanding=Float Shares/Total Shares Outstanding
=78.50/105.39
=74.48%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Float Percentage Of Total Shares Outstanding of 74.48% mean?
Algoma Steel Group (TSX:ASTL) has a Float Percentage Of Total Shares Outstanding of 74.48% as of Jul. 01, 2026. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Algoma Steel Group and its competitors.
Is Algoma Steel Group's Float Percentage Of Total Shares Outstanding too high?
Algoma Steel Group's current Float Percentage Of Total Shares Outstanding is 74.48%. Overall, Algoma Steel Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Float Percentage Of Total Shares Outstanding compare to NUE and STLD?
Algoma Steel Group's Float Percentage Of Total Shares Outstanding of 74.48% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Float Percentage Of Total Shares Outstanding for a Steel company?
A good Float Percentage Of Total Shares Outstanding depends on the Steel industry context. However, Float Percentage Of Total Shares Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Float Percentage Of Total Shares Outstanding mean?
A high Float Percentage Of Total Shares Outstanding can signal that a stock is expensive relative to its fundamentals. Float percent of shares outstanding equals the percent of float shares relative to total shares. View historical data on Algoma Steel Group and its competitors. Algoma Steel Group's current Float Percentage Of Total Shares Outstanding is 74.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (TSX:ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is C$7.83, compared to a current price of C$5.78 — trading 26.2% below its estimated fair value. The current Float Percentage Of Total Shares Outstanding is 74.48%. Algoma Steel Group's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Float Percentage Of Total Shares Outstanding calculated?
Float Percentage Of Total Shares Outstanding is calculated from a company's financial statements. For Algoma Steel Group (TSX:ASTL), the current Float Percentage Of Total Shares Outstanding is 74.48% as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Algoma Steel Group (TSX:ASTL) Overvalued in 2026?

Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued. The current stock price of C$5.78 is trading 26.2% below its estimated GF Value™ of C$7.83. GuruFocus considers Algoma Steel Group to be Modestly Undervalued.

Key valuation signals for TSX:ASTL:

  • Float Percentage Of Total Shares Outstanding: 74.48%
  • GF Value™: C$7.83 vs. price of C$5.78 (26.2% below fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the TSX:ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Algoma Steel Group Business Description

Other Exchanges ASTL:USA9ZY:Germany
Address 105 West Street, Sault Ste. Marie, ON, CAN, P6A 7B4
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 United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
65GF Score

Get the complete analysis for TSX:ASTL

Float Percentage Of Total Shares Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.78
Price
C$7.83
GF Value