ASTL (Algoma Steel Group) ROCE %: -33.74% (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 ROCE %?

Algoma Steel Group ASTL -3.86% 59 ROCE % is -33.74% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Algoma Steel Group's annualized ROCE % for the quarter that ended in Mar. 2026 was -33.74%.

Algoma Steel Group  (NAS:ASTL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Algoma Steel Group ROCE % Related Terms

Algoma Steel Group ROCE % Historical Data

* Premium members only.

The historical data trend for Algoma Steel Group's ROCE % 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 ROCE % Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Dec25
ROCE %
Get a 7-Day Free Trial 0.67 72.12 18.40 8.62 -62.19

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
ROCE % 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 -4.45 -20.19 -111.16 -101.60 -33.74
ASTL
59GF Score
Algoma Steel Group Inc ASTL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Steel Group ROCE % Calculation

Algoma Steel Group's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Mar. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Mar. 2024 )(A: Dec. 2025 )
=-881.116/( ( (1976.95 - 316.563) + (1533.817 - 360.565) )/ 2 )
=-881.116/( (1660.387+1173.252)/ 2 )
=-881.116/1416.8195
=-62.19 %

Algoma Steel Group's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-396.5/( ( (1533.817 - 360.565) + (1459.329 - 282.58) )/ 2 )
=-396.5/( ( 1173.252 + 1176.749 )/ 2 )
=-396.5/1175.0005
=-33.74 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -33.74% mean?
Algoma Steel Group (ASTL) has a ROCE % of -33.74% as of Mar. 2026.
Is Algoma Steel Group's ROCE % too high?
Algoma Steel Group's current ROCE % is -33.74%. 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 ROCE % compare to NUE and STLD?
Algoma Steel Group's ROCE % of -33.74% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Steel company?
The median ROCE % among Steel companies is 5.61, based on 625 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current ROCE % is -33.74%. 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 ROCE % is -33.74%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Algoma Steel Group (ASTL), the current ROCE % is -33.74% 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:

  • ROCE %: -33.74%
  • 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

Get the complete analysis for ASTL

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

$3.99
Price
$5.50
GF Value