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Algoma Steel Group (ASTL) Competitors

Algoma Steel Group logo
C$13.68 -0.06 (-0.44%)
(As of 12/17/2024 ET)

ASTL vs. TXR, SIM, CMC, TG, ATI, AA, X, STLC, CIA, and LIF

Should you be buying Algoma Steel Group stock or one of its competitors? The main competitors of Algoma Steel Group include TerraX Minerals (TXR), Siyata Mobile (SIM), Cielo Waste Solutions (CMC), Trifecta Gold (TG), Altai Resources (ATI), Alba Minerals (AA), TMX Group (X), Stelco (STLC), Champion Iron (CIA), and Labrador Iron Ore Royalty (LIF).

Algoma Steel Group vs.

Algoma Steel Group (TSE:ASTL) and TerraX Minerals (CVE:TXR) are both small-cap basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, community ranking, media sentiment, valuation, institutional ownership, analyst recommendations, risk and dividends.

69.7% of Algoma Steel Group shares are held by institutional investors. 7.6% of Algoma Steel Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Algoma Steel GroupC$2.62B0.54-C$19.60M-C$0.22-62.18
TerraX MineralsN/AN/AN/A-C$0.01-25.45

Algoma Steel Group currently has a consensus target price of C$17.44, indicating a potential upside of 27.47%. Given Algoma Steel Group's stronger consensus rating and higher possible upside, equities analysts clearly believe Algoma Steel Group is more favorable than TerraX Minerals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Algoma Steel Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67
TerraX Minerals
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

TerraX Minerals has a net margin of 0.00% compared to Algoma Steel Group's net margin of -0.75%. TerraX Minerals' return on equity of 0.00% beat Algoma Steel Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Algoma Steel Group-0.75% -1.27% -0.63%
TerraX Minerals N/A N/A N/A

In the previous week, Algoma Steel Group had 1 more articles in the media than TerraX Minerals. MarketBeat recorded 1 mentions for Algoma Steel Group and 0 mentions for TerraX Minerals. Algoma Steel Group's average media sentiment score of 0.00 equaled TerraX Minerals'average media sentiment score.

Company Overall Sentiment
Algoma Steel Group Neutral
TerraX Minerals Neutral

TerraX Minerals received 48 more outperform votes than Algoma Steel Group when rated by MarketBeat users. Likewise, 65.93% of users gave TerraX Minerals an outperform vote while only 23.53% of users gave Algoma Steel Group an outperform vote.

CompanyUnderperformOutperform
Algoma Steel GroupOutperform Votes
12
23.53%
Underperform Votes
39
76.47%
TerraX MineralsOutperform Votes
60
65.93%
Underperform Votes
31
34.07%

Summary

Algoma Steel Group and TerraX Minerals tied by winning 7 of the 14 factors compared between the two stocks.

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 TSE 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 GroupSteel IndustryMaterials SectorTSE Exchange
Market CapC$1.42BC$1.04BC$2.74BC$5.56B
Dividend Yield1.96%9.39%5.26%5.73%
P/E Ratio-62.1848.35118.1627.96
Price / Sales0.5416.74899,166.131,236.37
Price / Cash1.8716.2623.4377.84
Price / Book0.920.903.403.45
Net Income-C$19.60MC$271.99MC$150.23MC$292.90M
7 Day Performance-4.60%-2.03%-2.71%-2.14%
1 Month Performance-12.25%4.14%4.99%1.94%
1 Year Performance11.49%-1.97%20.30%36.30%

Algoma Steel Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASTL
Algoma Steel Group
1.9163 of 5 stars
C$13.68
-0.4%
C$17.44
+27.5%
+17.1%C$1.42BC$2.62B-62.182,730News Coverage
TXR
TerraX Minerals
N/AC$0.28
+16.7%
N/A+0.0%C$44.97MN/A-25.4520,100High Trading Volume
SIM
Siyata Mobile
N/AC$6.50
-3.7%
N/A+0.0%C$20.22MC$7.45M-1.315,310News Coverage
CMC
Cielo Waste Solutions
N/AC$0.10
flat
N/A+233.3%C$11.97MN/A-1.6712,500Gap Down
High Trading Volume
TG
Trifecta Gold
N/AC$0.13
-3.7%
N/A+200.0%C$3.93MN/A-6.502,400Gap Down
ATI
Altai Resources
N/AC$0.07
-6.7%
N/A+30.0%C$3.92MC$193,312.00-26.676,500Gap Down
AA
Alba Minerals
N/AC$0.03
+20.0%
N/A+0.0%C$2.02MN/A-45.0013,100Positive News
Gap Up
X
TMX Group
0.9965 of 5 stars
C$44.38
+0.8%
C$46.94
+5.8%
+43.9%C$12.32BC$3.06B29.9522,700
STLC
Stelco
3.0847 of 5 stars
C$68.14
-0.4%
C$58.25
-14.5%
N/AC$3.71BC$2.85B21.702,185High Trading Volume
CIA
Champion Iron
3.3654 of 5 stars
C$5.26
-0.8%
C$8.10
+54.0%
-24.5%C$2.73BC$1.69B9.18220Positive News
LIF
Labrador Iron Ore Royalty
1.8985 of 5 stars
C$30.04
+0.9%
C$33.00
+9.9%
-7.4%C$1.92BC$211M8.96600News Coverage

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This page (TSE:ASTL) was last updated on 12/18/2024 by MarketBeat.com Staff
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