EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Algoma Steel Group's Enterprise Value is $970 Mil.
Algoma Steel Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-285 Mil. Therefore, Algoma Steel Group's EV-to-FCF for today is -3.40.
The historical rank and industry rank for Algoma Steel Group's EV-to-FCF or its related term are showing as below:
ASTL'
s EV-to-FCF Range Over the Past 10 Years
Min: -7.92 Med: -3.62 Max: 7.39
Current: -3.4
During the past 6 years, the highest EV-to-FCF of Algoma Steel Group was 7.39. The lowest was -7.92. And the median was -3.62.
ASTL's EV-to-FCF is ranked worse than 100% of 359
companies
in the Steel industry
Industry Median: 16.45
vs ASTL: -3.40
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Algoma Steel Group (NAS:ASTL) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Algoma Steel Group's PE Ratio (TTM) for today is calculated as:
Algoma Steel Group's share price for today is $3.99.
Algoma Steel Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.470.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Algoma Steel Group EV-to-FCF Related Terms
Algoma Steel Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Algoma Steel Group's EV-to-FCF 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.
For the Steel subindustry, Algoma Steel Group's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group's EV-to-FCF falls into.
Algoma Steel Group's current Enterprise Value is $970 Mil.
Algoma Steel Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-285 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 (ASTL) has a EV-to-FCF of -3.40 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Algoma Steel Group and its competitors. According to the industry distribution chart, Algoma Steel Group ranks #999999 out of 359 companies in the Steel industry.
Is Algoma Steel Group's EV-to-FCF too high?
Algoma Steel Group's current EV-to-FCF is -3.40. Based on the distribution chart, Algoma Steel Group ranks #999999 out of 359 companies in the Steel industry, which is in the bottom quartile relative to peers. 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 EV-to-FCF compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #999999 out of 359 companies for EV-to-FCF. This places Algoma Steel Group in the lower half of its industry. The industry median EV-to-FCF is 16.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Steel company?
The median EV-to-FCF among Steel companies is 16.45, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Algoma Steel Group and its competitors. For the Steel industry, the median EV-to-FCF is 16.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current EV-to-FCF is -3.40. 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 EV-to-FCF is -3.40. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Algoma Steel Group (ASTL), the current EV-to-FCF is -3.40 as of Jun. 24, 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:
EV-to-FCF: -3.40
GF Value™: $5.50 vs. price of $3.99 (27.5% below fair value)
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 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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