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Labrador Iron Ore Royalty (LIF) Competitors

Labrador Iron Ore Royalty logo
C$28.99 -0.01 (-0.03%)
(As of 11/15/2024 ET)

LIF vs. MEG, QBR.B, SJ, NVEI, QBR.A, EFX, TIXT, CHR, MAX, and FC

Should you be buying Labrador Iron Ore Royalty stock or one of its competitors? The main competitors of Labrador Iron Ore Royalty include MEG Energy (MEG), Quebecor (QBR.B), Stella-Jones (SJ), Nuvei (NVEI), Quebecor (QBR.A), Enerflex (EFX), TELUS International (Cda) (TIXT), Chorus Aviation (CHR), Midas Gold Corp. (MAX.TO) (MAX), and Firm Capital Mortgage Investment (FC). These companies are all part of the "business services" industry.

Labrador Iron Ore Royalty vs.

Labrador Iron Ore Royalty (TSE:LIF) and MEG Energy (TSE:MEG) are both basic materials companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings, analyst recommendations, media sentiment and community ranking.

Labrador Iron Ore Royalty presently has a consensus price target of C$33.00, suggesting a potential upside of 13.83%. MEG Energy has a consensus price target of C$32.55, suggesting a potential upside of 28.59%. Given MEG Energy's higher possible upside, analysts clearly believe MEG Energy is more favorable than Labrador Iron Ore Royalty.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Labrador Iron Ore Royalty
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
MEG Energy
0 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.45

Labrador Iron Ore Royalty pays an annual dividend of C$2.70 per share and has a dividend yield of 9.3%. MEG Energy pays an annual dividend of C$0.40 per share and has a dividend yield of 1.6%. Labrador Iron Ore Royalty pays out 81.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. MEG Energy pays out 19.0% of its earnings in the form of a dividend.

In the previous week, MEG Energy had 8 more articles in the media than Labrador Iron Ore Royalty. MarketBeat recorded 8 mentions for MEG Energy and 0 mentions for Labrador Iron Ore Royalty. MEG Energy's average media sentiment score of 0.80 beat Labrador Iron Ore Royalty's score of 0.00 indicating that MEG Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Labrador Iron Ore Royalty Neutral
MEG Energy Positive

MEG Energy has higher revenue and earnings than Labrador Iron Ore Royalty. Labrador Iron Ore Royalty is trading at a lower price-to-earnings ratio than MEG Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Labrador Iron Ore RoyaltyC$211M8.79C$210.38MC$3.328.73
MEG EnergyC$5.62B1.21C$586MC$2.1012.05

Labrador Iron Ore Royalty has a net margin of 99.70% compared to MEG Energy's net margin of 10.43%. Labrador Iron Ore Royalty's return on equity of 31.89% beat MEG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Labrador Iron Ore Royalty99.70% 31.89% 11.52%
MEG Energy 10.43%12.99%8.96%

Labrador Iron Ore Royalty has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500. Comparatively, MEG Energy has a beta of 2.89, meaning that its share price is 189% more volatile than the S&P 500.

MEG Energy received 99 more outperform votes than Labrador Iron Ore Royalty when rated by MarketBeat users. Likewise, 56.50% of users gave MEG Energy an outperform vote while only 52.05% of users gave Labrador Iron Ore Royalty an outperform vote.

CompanyUnderperformOutperform
Labrador Iron Ore RoyaltyOutperform Votes
318
52.05%
Underperform Votes
293
47.95%
MEG EnergyOutperform Votes
417
56.50%
Underperform Votes
321
43.50%

21.6% of Labrador Iron Ore Royalty shares are held by institutional investors. Comparatively, 44.4% of MEG Energy shares are held by institutional investors. 0.1% of Labrador Iron Ore Royalty shares are held by company insiders. Comparatively, 0.3% of MEG Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

MEG Energy beats Labrador Iron Ore Royalty on 13 of the 20 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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LIF vs. The Competition

MetricLabrador Iron Ore RoyaltySteel IndustryMaterials SectorTSE Exchange
Market CapC$1.86BC$1.00BC$2.91BC$6.08B
Dividend Yield8.33%4.13%5.10%5.33%
P/E Ratio8.7342.42104.5326.33
Price / Sales8.7914.98559,022.861,427.12
Price / Cash50.9717.9123.9682.02
Price / Book2.770.923.693.06
Net IncomeC$210.38MC$54.43MC$151.21MC$291.48M
7 Day Performance-2.16%-1.22%-3.59%-0.14%
1 Month Performance-8.11%3.61%-4.55%-1.45%
1 Year Performance-7.94%-2.02%28.01%42.59%

Labrador Iron Ore Royalty Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LIF
Labrador Iron Ore Royalty
1.6081 of 5 stars
C$28.99
0.0%
C$33.00
+13.8%
-7.0%C$1.86BC$211M8.73600
MEG
MEG Energy
4.1191 of 5 stars
C$26.03
+0.7%
N/A-0.9%C$7.02BC$5.62B12.40449
QBR.B
Quebecor
2.1469 of 5 stars
C$32.64
-0.2%
N/A+3.9%C$5.15BC$5.67B10.3010,039
SJ
Stella-Jones
3.6033 of 5 stars
C$70.92
-0.1%
N/A-18.9%C$4.00BC$3.46B11.46280Insider Buying
NVEI
Nuvei
N/AC$46.71
-0.2%
N/A+77.4%C$3.07BC$1.31B-424.641,370News Coverage
QBR.A
Quebecor
N/AC$33.20
flat
N/A+1.8%C$2.55BC$5.67B10.4710,000
EFX
Enerflex
0.7182 of 5 stars
C$10.28
+2.0%
N/A+101.2%C$1.28BC$2.37B-8.9414,000Dividend Increase
Analyst Forecast
Analyst Revision
News Coverage
TIXT
TELUS International (Cda)
3.8988 of 5 stars
C$6.19
+17.7%
N/A-46.7%C$687.09MC$2.66B47.6273,100High Trading Volume
CHR
Chorus Aviation
2.7639 of 5 stars
C$3.14
-0.6%
N/A+43.8%C$600.09MC$1.72B13.654,573
MAX
Midas Gold Corp. (MAX.TO)
N/AN/AN/AN/AC$431.51MN/A-1.90160
FC
Firm Capital Mortgage Investment
N/AC$11.31
-0.4%
N/A+15.0%C$415.42MC$45.43M11.421,150Positive News

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This page (TSE:LIF) was last updated on 11/17/2024 by MarketBeat.com Staff
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