ASTL (Algoma Steel Group) Construction In Progress: $135 Mil (As of Mar. 2026)


ASTL Algoma Steel Group Inc ASTL
59 GF Score
Price $3.99
GF Value $5.50
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Algoma Steel Group Construction In Progress?

Algoma Steel Group ASTL -3.86% 59 Construction In Progress is $135 Mil as of Mar. 2026. GuruFocus rates ASTL with a GF Score™ of 59/100 and a GF Value™ of $5.50 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Algoma Steel Group's quarterly construction in progress increased from Sep. 2025 ($0 Mil) to Dec. 2025 ($176 Mil) but then declined from Dec. 2025 ($176 Mil) to Mar. 2026 ($135 Mil).

Algoma Steel Group's annual construction in progress increased from Mar. 2023 ($247 Mil) to Mar. 2024 ($472 Mil) but then declined from Mar. 2024 ($472 Mil) to Dec. 2025 ($176 Mil).

Algoma Steel Group Construction In Progress Historical Data

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The historical data trend for Algoma Steel Group's Construction In Progress can be seen below:

* 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.

Algoma Steel Group Construction In Progress Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Dec25
Construction In Progress
Get a 7-Day Free Trial 25.94 93.84 247.39 471.56 175.72

Algoma Steel Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 623.99 606.16 0.00 175.72 134.62
ASTL
59GF Score
Algoma Steel Group Inc ASTL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Steel Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $135 Mil mean?
Algoma Steel Group (ASTL) has a Construction In Progress of $135 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Algoma Steel Group and its competitors.
Is Algoma Steel Group's Construction In Progress too high?
Algoma Steel Group's current Construction In Progress is $135 Mil. Overall, Algoma Steel Group has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Construction In Progress compare to NUE and STLD?
Algoma Steel Group's Construction In Progress of $135 Mil 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 Construction In Progress for a Steel company?
A good Construction In Progress depends on the Steel industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Algoma Steel Group and its competitors. Algoma Steel Group's current Construction In Progress is $135 Mil. 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 (ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.50, compared to a current price of $3.99 — trading 27.5% below its estimated fair value. The current Construction In Progress is $135 Mil. Algoma Steel Group's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Algoma Steel Group (ASTL), the current Construction In Progress is $135 Mil as of Mar. 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 (ASTL) Overvalued in 2026?

Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued. The current stock price of $3.99 is trading 27.5% below its estimated GF Value™ of $5.50. GuruFocus considers Algoma Steel Group to be Modestly Undervalued.

Key valuation signals for ASTL:

  • Construction In Progress: $135 Mil
  • GF Value™: $5.50 vs. price of $3.99 (27.5% below fair value)
  • GF Score™: 59/100 with 7 warning signs

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

Algoma Steel Group Business Description

Other Exchanges 9ZY:GermanyASTL:Canada
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.
59GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.99
Price
$5.50
GF Value