ASTL vs. CIA, STLC, LIF, TSL, CMC, OR, CGG, UFS, PVG, and ERO
Should you be buying Algoma Steel Group stock or one of its competitors? The main competitors of Algoma Steel Group include Champion Iron (CIA), Stelco (STLC), Labrador Iron Ore Royalty (LIF), Tree Island Steel (TSL), Commercial Metals (CMC), Osisko Gold Royalties (OR), China Gold International Resources (CGG), Domtar (UFS), Pretium Resources (PVG), and Ero Copper (ERO). These companies are all part of the "basic materials" sector.
Algoma Steel Group (TSE:ASTL) and Champion Iron (TSE:CIA) are both basic materials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their valuation, risk, dividends, institutional ownership, community ranking, analyst recommendations, profitability, earnings and media sentiment.
In the previous week, Champion Iron had 1 more articles in the media than Algoma Steel Group. MarketBeat recorded 1 mentions for Champion Iron and 0 mentions for Algoma Steel Group. Algoma Steel Group's average media sentiment score of 0.00 equaled Champion Iron'saverage media sentiment score.
Champion Iron has lower revenue, but higher earnings than Algoma Steel Group. Champion Iron is trading at a lower price-to-earnings ratio than Algoma Steel Group, indicating that it is currently the more affordable of the two stocks.
Algoma Steel Group has a beta of 1.54, meaning that its share price is 54% more volatile than the S&P 500. Comparatively, Champion Iron has a beta of 1.23, meaning that its share price is 23% more volatile than the S&P 500.
Champion Iron has a net margin of 17.92% compared to Algoma Steel Group's net margin of 1.99%. Champion Iron's return on equity of 23.32% beat Algoma Steel Group's return on equity.
Algoma Steel Group presently has a consensus target price of C$15.25, suggesting a potential upside of 45.38%. Champion Iron has a consensus target price of C$8.13, suggesting a potential upside of 24.81%. Given Algoma Steel Group's higher possible upside, analysts plainly believe Algoma Steel Group is more favorable than Champion Iron.
Algoma Steel Group pays an annual dividend of C$0.27 per share and has a dividend yield of 2.6%. Champion Iron pays an annual dividend of C$0.20 per share and has a dividend yield of 3.1%. Algoma Steel Group pays out 42.2% of its earnings in the form of a dividend. Champion Iron pays out 35.1% 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. Champion Iron is clearly the better dividend stock, given its higher yield and lower payout ratio.
70.5% of Algoma Steel Group shares are owned by institutional investors. Comparatively, 45.0% of Champion Iron shares are owned by institutional investors. 4.9% of Algoma Steel Group shares are owned by company insiders. Comparatively, 11.8% of Champion Iron shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Champion Iron received 225 more outperform votes than Algoma Steel Group when rated by MarketBeat users. Likewise, 71.78% of users gave Champion Iron an outperform vote while only 20.93% of users gave Algoma Steel Group an outperform vote.
Summary
Champion Iron beats Algoma Steel Group on 13 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASTL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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