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TMX Group (X) Competitors

TMX Group logo
C$43.78 +0.31 (+0.71%)
(As of 11/20/2024 ET)

X vs. ASTL, TXR, SIM, CMC, ATI, TG, AA, IFC, NA, and GWO

Should you be buying TMX Group stock or one of its competitors? The main competitors of TMX Group include Algoma Steel Group (ASTL), TerraX Minerals (TXR), Siyata Mobile (SIM), Cielo Waste Solutions (CMC), Altai Resources (ATI), Trifecta Gold (TG), Alba Minerals (AA), Intact Financial (IFC), National Bank of Canada (NA), and Great-West Lifeco (GWO).

TMX Group vs.

TMX Group (TSE:X) and Algoma Steel Group (TSE:ASTL) are both financial services companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, media sentiment, institutional ownership, community ranking, risk, valuation, dividends, earnings and analyst recommendations.

TMX Group pays an annual dividend of C$0.74 per share and has a dividend yield of 1.7%. Algoma Steel Group pays an annual dividend of C$0.27 per share and has a dividend yield of 1.7%. TMX Group pays out 50.3% of its earnings in the form of a dividend. Algoma Steel Group pays out -122.7% 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.

TMX Group has a beta of 0.43, indicating that its share price is 57% less volatile than the S&P 500. Comparatively, Algoma Steel Group has a beta of 1.5, indicating that its share price is 50% more volatile than the S&P 500.

TMX Group currently has a consensus target price of C$44.81, indicating a potential upside of 2.36%. Algoma Steel Group has a consensus target price of C$16.69, indicating a potential upside of 6.22%. Given Algoma Steel Group's stronger consensus rating and higher probable upside, analysts plainly believe Algoma Steel Group is more favorable than TMX Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TMX Group
0 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.43
Algoma Steel Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

TMX Group received 279 more outperform votes than Algoma Steel Group when rated by MarketBeat users. Likewise, 43.89% of users gave TMX Group an outperform vote while only 24.00% of users gave Algoma Steel Group an outperform vote.

CompanyUnderperformOutperform
TMX GroupOutperform Votes
291
43.89%
Underperform Votes
372
56.11%
Algoma Steel GroupOutperform Votes
12
24.00%
Underperform Votes
38
76.00%

57.3% of TMX Group shares are held by institutional investors. Comparatively, 69.7% of Algoma Steel Group shares are held by institutional investors. 1.2% of TMX Group shares are held by insiders. Comparatively, 7.6% of Algoma Steel Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TMX GroupC$3.06B3.97C$409.20MC$1.4729.78
Algoma Steel GroupC$2.62B0.62-C$19.60M-C$0.22-71.41

In the previous week, TMX Group had 3 more articles in the media than Algoma Steel Group. MarketBeat recorded 4 mentions for TMX Group and 1 mentions for Algoma Steel Group. Algoma Steel Group's average media sentiment score of 1.00 beat TMX Group's score of 0.34 indicating that Algoma Steel Group is being referred to more favorably in the news media.

Company Overall Sentiment
TMX Group Neutral
Algoma Steel Group Positive

TMX Group has a net margin of 13.39% compared to Algoma Steel Group's net margin of -0.75%. TMX Group's return on equity of 10.08% beat Algoma Steel Group's return on equity.

Company Net Margins Return on Equity Return on Assets
TMX Group13.39% 10.08% 2.76%
Algoma Steel Group -0.75%-1.27%-0.63%

Summary

TMX Group beats Algoma Steel Group on 12 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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X vs. The Competition

MetricTMX GroupFinancial Data & Stock Exchanges IndustryFinancial SectorTSE Exchange
Market CapC$12.15BC$26.30BC$3.26BC$6.25B
Dividend Yield1.73%2.22%4.58%5.27%
P/E Ratio29.78730.85441.0926.81
Price / Sales3.97270.633,275.461,531.29
Price / Cash15.9718.4348.2383.81
Price / Book2.804.391.483.15
Net IncomeC$409.20MC$684.83MC$396.75MC$299.38M
7 Day Performance-0.59%0.84%0.14%0.76%
1 Month Performance0.55%0.07%7.05%12.82%
1 Year Performance52.86%19.95%15.55%44.03%

TMX Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
X
TMX Group
1.0176 of 5 stars
C$43.78
+0.7%
C$44.81
+2.4%
+51.4%C$12.15BC$3.06B29.7822,700Dividend Announcement
ASTL
Algoma Steel Group
0.9919 of 5 stars
C$15.71
-1.1%
C$16.69
+6.2%
+46.0%C$1.64BC$2.62B-71.412,730Dividend Announcement
Positive News
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-1.315,310
CMC
Cielo Waste Solutions
N/AC$0.11
flat
N/A+175.0%C$13.17MN/A-1.8312,500Gap Down
ATI
Altai Resources
N/AC$0.07
+16.7%
N/A+40.0%C$3.92MC$193,312.00-26.676,500Gap Up
TG
Trifecta Gold
N/AC$0.10
+5.6%
N/A+171.4%C$2.87MN/A-4.752,400Gap Up
AA
Alba Minerals
N/AC$0.03
+20.0%
N/A+0.0%C$2.02MN/A-45.0013,100Gap Up
IFC
Intact Financial
1.321 of 5 stars
C$272.20
+1.2%
C$274.90
+1.0%
+29.6%C$48.55BC$29.55B23.9630,000
NA
National Bank of Canada
1.0587 of 5 stars
C$137.09
+1.2%
C$126.36
-7.8%
+50.7%C$46.66BC$10.61B13.3528,730Analyst Forecast
GWO
Great-West Lifeco
1.5733 of 5 stars
C$49.70
+0.3%
C$47.63
-4.2%
+14.8%C$46.33BC$33.04B12.4933,500Insider Trade
High Trading Volume

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