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Algoma Steel Group (Algoma Steel Group) 3-Year FCF Growth Rate : -0.20% (As of Dec. 2023)


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What is Algoma Steel Group 3-Year FCF Growth Rate?

Algoma Steel Group's Free Cash Flow per Share for the three months ended in Dec. 2023 was $-0.99.

During the past 12 months, Algoma Steel Group's average Free Cash Flow per Share Growth Rate was -530.10% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -0.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 4 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Algoma Steel Group was -0.20% per year. The lowest was -0.20% per year. And the median was -0.20% per year.


Competitive Comparison of Algoma Steel Group's 3-Year FCF Growth Rate

For the Steel subindustry, Algoma Steel Group's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate 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 3-Year FCF Growth Rate Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Algoma Steel Group's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Algoma Steel Group's 3-Year FCF Growth Rate falls into.



Algoma Steel Group 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.


Algoma Steel Group  (NAS:ASTL) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.


Algoma Steel Group 3-Year FCF Growth Rate Related Terms

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Algoma Steel Group (Algoma Steel Group) 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.