X vs. ASTL, TXR, SIM, CMC, TG, ATI, AA, IFC, FFH, and NA
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), Trifecta Gold (TG), Altai Resources (ATI), Alba Minerals (AA), Intact Financial (IFC), Fairfax Financial (FFH), and National Bank of Canada (NA).
TMX Group vs.
TMX Group (TSE:X) and Algoma Steel Group (TSE:ASTL) are both financial services companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, media sentiment, profitability, risk, community ranking, earnings, analyst recommendations, dividends and valuation.
In the previous week, TMX Group had 1 more articles in the media than Algoma Steel Group. MarketBeat recorded 2 mentions for TMX Group and 1 mentions for Algoma Steel Group. TMX Group's average media sentiment score of 0.80 beat Algoma Steel Group's score of 0.00 indicating that TMX Group is being referred to more favorably in the media.
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.
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.
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 is poised for long-term growth.
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 2.0%. 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, meaning that its share price is 57% less volatile than the S&P 500. Comparatively, Algoma Steel Group has a beta of 1.5, meaning that its share price is 50% more volatile than the S&P 500.
TMX Group received 279 more outperform votes than Algoma Steel Group when rated by MarketBeat users. Likewise, 43.76% of users gave TMX Group an outperform vote while only 23.53% of users gave Algoma Steel Group an outperform vote.
TMX Group presently has a consensus price target of C$46.94, suggesting a potential upside of 7.11%. Algoma Steel Group has a consensus price target of C$17.44, suggesting a potential upside of 29.07%. Given Algoma Steel Group's stronger consensus rating and higher possible upside, analysts plainly believe Algoma Steel Group is more favorable than TMX Group.
Summary
TMX Group beats Algoma Steel Group on 13 of the 20 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.
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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This page (TSE:X) was last updated on 12/21/2024 by MarketBeat.com Staff
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