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Algoma Steel Group (TSX:ASTL) Enterprise Value : C$1,177 Mil (As of Apr. 27, 2024)


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What is Algoma Steel Group Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Algoma Steel Group's Enterprise Value is C$1,177 Mil. Algoma Steel Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$138 Mil. Therefore, Algoma Steel Group's EV-to-EBIT ratio for today is 8.50.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Algoma Steel Group's Enterprise Value is C$1,177 Mil. Algoma Steel Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$244 Mil. Therefore, Algoma Steel Group's EV-to-EBITDA ratio for today is 4.82.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Algoma Steel Group's Enterprise Value is C$1,177 Mil. Algoma Steel Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was C$2,853 Mil. Therefore, Algoma Steel Group's EV-to-Revenue ratio for today is 0.41.


Algoma Steel Group Enterprise Value Historical Data

The historical data trend for Algoma Steel Group's Enterprise Value 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.

* Premium members only.

Algoma Steel Group Enterprise Value Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Enterprise Value
- - 1,258.23 1,009.37

Algoma Steel Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value 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 761.31 1,009.37 797.32 875.68 1,434.61

Competitive Comparison of Algoma Steel Group's Enterprise Value

For the Steel subindustry, Algoma Steel Group's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Algoma Steel Group's Enterprise Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Algoma Steel Group's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Algoma Steel Group's Enterprise Value falls into.



Algoma Steel Group Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Algoma Steel Group's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Algoma Steel Group's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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  (TSX:ASTL) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Algoma Steel Group's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1176.597/138.4
=8.50

Algoma Steel Group's current Enterprise Value is C$1,177 Mil.
Algoma Steel Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$138 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Algoma Steel Group's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1176.597/244.2
=4.82

Algoma Steel Group's current Enterprise Value is C$1,177 Mil.
Algoma Steel Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$244 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Algoma Steel Group's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1176.597/2852.6
=0.41

Algoma Steel Group's current Enterprise Value is C$1,177 Mil.
Algoma Steel Group's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,853 Mil.

* 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 Enterprise Value Related Terms

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Algoma Steel Group (TSX:ASTL) Business Description

Traded in Other Exchanges
Address
105 West Street, Sault Ste., Marie, ON, CAN, P6A 7B4
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.