The historical rank and industry rank for Algoma Steel Group's ROE % or its related term are showing as below:
ASTL'
s ROE % Range Over the Past 10 Years
Min: -124.77 Med: -12.52 Max: 97.67
Current: -124.77
During the past 6 years, Algoma Steel Group's highest ROE % was 97.67%. The lowest was -124.77%. And the median was -12.52%.
ASTL's ROE % is ranked worse than 98.88% of 623
companies
in the Steel industry
Industry Median: 3.7
vs ASTL: -124.77
Algoma Steel Group (NAS:ASTL) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Algoma Steel Group ROE % Related Terms
Algoma Steel Group ROE % Historical Data
* Premium members only.
The historical data trend for Algoma Steel Group's ROE % 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's ROE % distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Algoma Steel Group (ASTL) has a ROE % of -152.84% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Algoma Steel Group and its competitors. According to the industry distribution chart, Algoma Steel Group ranks #616 out of 623 companies in the Steel industry, placing it in the top 98.9%.
Is Algoma Steel Group's ROE % too high?
Algoma Steel Group's current ROE % is -152.84%. Based on the distribution chart, Algoma Steel Group ranks #616 out of 623 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 ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #616 out of 623 companies for ROE %. This places Algoma Steel Group in the lower half of its industry. The industry median ROE % is 3.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Steel company?
The median ROE % among Steel companies is 3.70, based on 623 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Algoma Steel Group and its competitors. For the Steel industry, the median ROE % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Algoma Steel Group's current ROE % is -152.84%. 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 $5.55, compared to a current price of $3.99 — trading 28.1% below its estimated fair value. The current ROE % is -152.84%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Algoma Steel Group (ASTL), the current ROE % is -152.84% 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 28.1% below its estimated GF Value™ of $5.55.
GuruFocus considers Algoma Steel Group to be Modestly Undervalued.
Key valuation signals for ASTL:
ROE %: -152.84%
GF Value™: $5.55 vs. price of $3.99 (28.1% 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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