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Algoma Steel Group (ASTL) Competitors

Algoma Steel Group logo
$11.25 -0.12 (-1.06%)
(As of 11/20/2024 ET)

ASTL vs. WS, CSTM, SPLP, MTUS, ACNT, HUHU, APWC, BWEN, OCC, and AQMS

Should you be buying Algoma Steel Group stock or one of its competitors? The main competitors of Algoma Steel Group include Worthington Steel (WS), Constellium (CSTM), Steel Partners (SPLP), Metallus (MTUS), Ascent Industries (ACNT), HUHUTECH International Group (HUHU), Asia Pacific Wire & Cable (APWC), Broadwind (BWEN), Optical Cable (OCC), and Aqua Metals (AQMS). These companies are all part of the "steel works" industry.

Algoma Steel Group vs.

Algoma Steel Group (NASDAQ:ASTL) and Worthington Steel (NYSE:WS) are both basic materials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, dividends, earnings, media sentiment, risk, community ranking and profitability.

72.0% of Algoma Steel Group shares are owned by institutional investors. Comparatively, 45.4% of Worthington Steel shares are owned by institutional investors. 7.8% of Algoma Steel Group shares are owned by company insiders. Comparatively, 2.2% of Worthington Steel shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Worthington Steel has a consensus target price of $40.00, suggesting a potential downside of 9.00%. Given Worthington Steel's stronger consensus rating and higher probable upside, analysts plainly believe Worthington Steel is more favorable than Algoma Steel Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Algoma Steel Group
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Worthington Steel
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Algoma Steel Group pays an annual dividend of $0.20 per share and has a dividend yield of 1.8%. Worthington Steel pays an annual dividend of $0.64 per share and has a dividend yield of 1.5%. Algoma Steel Group pays out -15.7% of its earnings in the form of a dividend. Worthington Steel pays out 25.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Algoma Steel Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

Algoma Steel Group received 1 more outperform votes than Worthington Steel when rated by MarketBeat users. However, 60.00% of users gave Worthington Steel an outperform vote while only 23.53% of users gave Algoma Steel Group an outperform vote.

CompanyUnderperformOutperform
Algoma Steel GroupOutperform Votes
4
23.53%
Underperform Votes
13
76.47%
Worthington SteelOutperform Votes
3
60.00%
Underperform Votes
2
40.00%

In the previous week, Algoma Steel Group had 1 more articles in the media than Worthington Steel. MarketBeat recorded 2 mentions for Algoma Steel Group and 1 mentions for Worthington Steel. Algoma Steel Group's average media sentiment score of 0.89 beat Worthington Steel's score of 0.50 indicating that Algoma Steel Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Algoma Steel Group
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Worthington Steel
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Worthington Steel has higher revenue and earnings than Algoma Steel Group. Algoma Steel Group is trading at a lower price-to-earnings ratio than Worthington Steel, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Algoma Steel Group$2.07B0.57$77.99M-$1.27-8.86
Worthington Steel$3.43B0.65$154.70M$2.4817.72

Worthington Steel has a net margin of 3.71% compared to Algoma Steel Group's net margin of -6.30%. Worthington Steel's return on equity of 12.14% beat Algoma Steel Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Algoma Steel Group-6.30% -10.63% -5.43%
Worthington Steel 3.71%12.14%7.34%

Summary

Worthington Steel beats Algoma Steel Group on 12 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ASTL vs. The Competition

MetricAlgoma Steel GroupBlast furnaces & steel mills IndustryMaterials SectorNASDAQ Exchange
Market Cap$1.19B$11.22B$2.82B$8.89B
Dividend Yield1.76%2.70%5.26%4.07%
P/E Ratio-8.8617.78108.3812.93
Price / Sales0.570.85593,019.9288.33
Price / Cash7.255.9323.4236.25
Price / Book1.131.153.326.25
Net Income$77.99M$1.44B$149.36M$225.93M
7 Day Performance3.97%1.23%0.61%-1.32%
1 Month Performance15.15%4.31%1.39%0.60%
1 Year Performance44.05%13.64%27.36%26.23%

Algoma Steel Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASTL
Algoma Steel Group
1.3523 of 5 stars
$11.25
-1.1%
N/A+43.5%$1.19B$2.07B-8.862,844News Coverage
WS
Worthington Steel
3.1614 of 5 stars
$43.96
+0.5%
$40.00
-9.0%
N/A$2.22B$3.43B17.724,600
CSTM
Constellium
4.4433 of 5 stars
$11.66
+0.7%
$21.00
+80.1%
-34.5%$1.67B$7.83B15.7612,000
SPLP
Steel Partners
2.1578 of 5 stars
$40.53
flat
N/A+5.0%$777.59M$1.91B4.165,100
MTUS
Metallus
3.4418 of 5 stars
$14.62
-0.4%
N/AN/A$623.82M$1.36B28.121,840Positive News
ACNT
Ascent Industries
1.2462 of 5 stars
$10.49
+1.5%
N/A+30.3%$104.26M$193.18M0.00710
HUHU
HUHUTECH International Group
N/A$4.00
-8.3%
N/AN/A$91.78MN/A0.00N/AGap Up
APWC
Asia Pacific Wire & Cable
0.0953 of 5 stars
$1.91
+1.1%
N/A+32.9%$38.97M$425.77M0.001,210Analyst Forecast
News Coverage
BWEN
Broadwind
3.8591 of 5 stars
$1.55
-1.9%
$5.17
+233.3%
-29.2%$34.94M$203.48M11.07490
OCC
Optical Cable
N/A$2.37
+1.3%
N/A-7.1%$19.24M$72.17M-3.12327Gap Up
AQMS
Aqua Metals
2.8523 of 5 stars
$1.44
-4.0%
$30.00
+1,983.3%
-92.0%$10.70M$30,000.000.0020

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This page (NASDAQ:ASTL) was last updated on 11/21/2024 by MarketBeat.com Staff
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