Free Trial

Algoma Steel Group (ASTL) Competitors

Algoma Steel Group logo
C$15.23 -0.01 (-0.07%)
(As of 11/15/2024 ET)

ASTL vs. TXR, SIM, CMC, ATI, TG, 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), Altai Resources (ATI), Trifecta Gold (TG), 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 better stock? We will compare the two businesses based on the strength of their risk, media sentiment, community ranking, profitability, institutional ownership, dividends, earnings, analyst recommendations and valuation.

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 24.00% of users gave Algoma Steel Group an outperform vote.

CompanyUnderperformOutperform
Algoma Steel GroupOutperform Votes
12
24.00%
Underperform Votes
38
76.00%
TerraX MineralsOutperform Votes
60
65.93%
Underperform Votes
31
34.07%

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$2.62B0.61-C$19.60M-C$0.22-69.23
TerraX MineralsN/AN/AN/A-C$0.01-25.45

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 2 more articles in the media than TerraX Minerals. MarketBeat recorded 2 mentions for Algoma Steel Group and 0 mentions for TerraX Minerals. Algoma Steel Group's average media sentiment score of 0.50 beat TerraX Minerals' score of 0.00 indicating that Algoma Steel Group is being referred to more favorably in the media.

Company Overall Sentiment
Algoma Steel Group Positive
TerraX Minerals Neutral

Algoma Steel Group presently has a consensus price target of C$16.69, indicating a potential upside of 9.57%. Given Algoma Steel Group's stronger consensus rating and higher possible upside, equities research analysts plainly 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

69.7% of Algoma Steel Group shares are held by institutional investors. 7.6% of Algoma Steel Group shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Algoma Steel Group beats TerraX Minerals on 8 of the 15 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.
Skip Chart

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.
Skip Chart

ASTL vs. The Competition

MetricAlgoma Steel GroupSteel IndustryMaterials SectorTSE Exchange
Market CapC$1.59BC$1.00BC$2.92BC$6.13B
Dividend Yield1.96%4.13%5.08%5.35%
P/E Ratio-69.2342.42104.8325.89
Price / Sales0.6114.98565,512.341,442.58
Price / Cash1.8717.9124.0382.51
Price / Book1.030.923.713.07
Net Income-C$19.60MC$54.43MC$152.16MC$293.09M
7 Day Performance-5.87%-1.22%-3.62%-0.14%
1 Month Performance9.57%3.61%-4.59%-1.48%
1 Year Performance43.81%-2.02%28.24%42.74%

Algoma Steel Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASTL
Algoma Steel Group
0.8484 of 5 stars
C$15.23
-0.1%
C$16.69
+9.6%
+47.6%C$1.59BC$2.62B-69.232,730Dividend Announcement
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-1.315,310Negative News
CMC
Cielo Waste Solutions
N/AC$0.14
flat
N/A+175.0%C$16.76MN/A-2.3312,500Gap Up
ATI
Altai Resources
N/AC$0.07
+16.7%
N/A+40.0%C$3.92MC$193,312.00-26.676,500Upcoming Earnings
Gap Up
TG
Trifecta Gold
N/AC$0.09
+5.9%
N/A+171.4%C$2.72MN/A-4.502,400News Coverage
Gap Up
AA
Alba Minerals
N/AC$0.03
+20.0%
N/A+0.0%C$2.02MN/A-45.0013,100Gap Up
X
TMX Group
1.0253 of 5 stars
C$45.04
+0.6%
N/A+49.0%C$12.50BC$3.06B30.6422,700Dividend Announcement
STLC
Stelco
3.2868 of 5 stars
C$68.14
-0.4%
N/AN/AC$3.71BC$2.85B21.702,185High Trading Volume
CIA
Champion Iron
2.579 of 5 stars
C$5.64
-4.1%
N/A-27.2%C$2.92BC$1.69B9.89220Gap Down
LIF
Labrador Iron Ore Royalty
1.6081 of 5 stars
C$29.63
-2.5%
N/A-7.0%C$1.90BC$211M8.92600

Related Companies and Tools


This page (TSE:ASTL) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners