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S&P 500   4,283.85
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High Dividend REITs: Are They an Ideal Way to Diversify?
Your Ultimate Investment Research Platform (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Your Ultimate Investment Research Platform (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Your Ultimate Investment Research Platform (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
NASDAQ:ASTL

Algoma Steel Group (ASTL) Competitors

$7.80
+0.28 (+3.72%)
(As of 06/6/2023 ET)
Compare
Today's Range
$7.47
$7.84
50-Day Range
$6.85
$8.08
52-Week Range
$5.64
$9.94
Volume
583,960 shs
Average Volume
1.03 million shs
Market Capitalization
$807.85 million
P/E Ratio
3.66
Dividend Yield
2.56%
Price Target
$12.88

ASTL vs. TMST, CRS, NFGC, WLKP, SCHN, NGD, KOP, MERC, EXK, and MATV

Should you be buying Algoma Steel Group stock or one of its competitors? The main competitors of Algoma Steel Group include TimkenSteel (TMST), Carpenter Technology (CRS), New Found Gold (NFGC), Westlake Chemical Partners (WLKP), Schnitzer Steel Industries (SCHN), New Gold (NGD), Koppers (KOP), Mercer International (MERC), Endeavour Silver (EXK), and Mativ (MATV). These companies are all part of the "basic materials" sector.

Algoma Steel Group vs.

Algoma Steel Group (NASDAQ:ASTL) and TimkenSteel (NYSE:TMST) are both small-cap basic materials companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, community ranking, media sentiment, valuation, earnings, institutional ownership, analyst recommendations, risk and dividends.

Algoma Steel Group has a net margin of 18.84% compared to TimkenSteel's net margin of 3.26%. Algoma Steel Group's return on equity of 38.45% beat TimkenSteel's return on equity.

Company Net Margins Return on Equity Return on Assets
Algoma Steel Group 18.84% 38.45% 20.83%
TimkenSteel 3.26% 11.03% 6.98%

63.8% of Algoma Steel Group shares are owned by institutional investors. Comparatively, 81.4% of TimkenSteel shares are owned by institutional investors. 1.6% of TimkenSteel shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Algoma Steel Group$3.00 billion0.27$684.27 million$2.133.66
TimkenSteel$1.33 billion0.62$65.10 million$0.6827.63

In the previous week, Algoma Steel Group had 2 more articles in the media than TimkenSteel. MarketBeat recorded 4 mentions for Algoma Steel Group and 2 mentions for TimkenSteel. TimkenSteel's average media sentiment score of 1.31 beat Algoma Steel Group's score of 0.50 indicating that TimkenSteel is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Algoma Steel Group
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
TimkenSteel
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

TimkenSteel received 360 more outperform votes than Algoma Steel Group when rated by MarketBeat users. Likewise, 63.13% of users gave TimkenSteel an outperform vote while only 18.75% of users gave Algoma Steel Group an outperform vote.

CompanyUnderperformOutperform
Algoma Steel GroupOutperform Votes
3
18.75%
Underperform Votes
13
81.25%
TimkenSteelOutperform Votes
363
63.13%
Underperform Votes
212
36.87%

Algoma Steel Group currently has a consensus target price of $12.88, suggesting a potential upside of 65.06%. TimkenSteel has a consensus target price of $24.00, suggesting a potential upside of 27.73%. Given Algoma Steel Group's higher probable upside, research analysts clearly believe Algoma Steel Group is more favorable than TimkenSteel.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Algoma Steel Group
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
TimkenSteel
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Algoma Steel Group has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500. Comparatively, TimkenSteel has a beta of 1.71, indicating that its stock price is 71% more volatile than the S&P 500.

Summary

Algoma Steel Group and TimkenSteel tied by winning 8 of the 16 factors compared between the two stocks.


New MarketBeat Followers Over Time

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.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ 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 GroupBlast furnaces & steel mills IndustryMaterials SectorNASDAQ Exchange
Market Cap$807.85M$10.60B$2.59B$6.29B
Dividend Yield2.72%3.20%5.02%6.53%
P/E Ratio3.6612.3593.4214.95
Price / Sales0.270.6173,355.7596.96
Price / Cash1.464.8723.8723.57
Price / Book0.911.072.915.39
Net Income$684.27M$2.48B$403.02M$192.60M
7 Day Performance13.87%7.99%2.34%4.21%
1 Month Performance8.94%1.44%3.45%5.13%
1 Year Performance-18.32%-9.50%-11.12%1.30%

Algoma Steel Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TMST
TimkenSteel
2.5621 of 5 stars
$17.28
-2.4%
$24.00
+38.9%
-21.9%$758.25M$1.33B25.411,700Positive News
CRS
Carpenter Technology
1.9863 of 5 stars
$44.91
-2.1%
$49.50
+10.2%
+40.2%$2.18B$1.84B106.934,100
NFGC
New Found Gold
0.2223 of 5 stars
$4.24
+2.2%
$10.00
+135.8%
-13.2%$746.58MN/A-11.16N/AGap Up
WLKP
Westlake Chemical Partners
2.6713 of 5 stars
$21.48
+0.9%
$25.67
+19.5%
-19.4%$756.53M$1.59B12.002,020Analyst Upgrade
SCHN
Schnitzer Steel Industries
2.8558 of 5 stars
$28.26
-2.7%
$39.00
+38.0%
-26.7%$775.74M$3.49B11.823,471Positive News
NGD
New Gold
0 of 5 stars
$1.16
+0.9%
N/AN/A$793.03M$604.40M-8.291,578
KOP
Koppers
2.748 of 5 stars
$29.11
-2.1%
$40.00
+37.4%
+11.0%$606.36M$1.98B8.822,119
MERC
Mercer International
2.6321 of 5 stars
$9.07
-0.4%
$13.90
+53.3%
-42.0%$602.52M$2.28B4.753,320
EXK
Endeavour Silver
2.2561 of 5 stars
$3.07
-1.6%
$5.83
+90.0%
-17.5%$587.94M$210.16M-307.001,115
MATV
Mativ
2.8304 of 5 stars
$15.28
-0.2%
$32.00
+109.4%
N/A$837.96M$2.17B-89.887,500Positive News

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This page (NASDAQ:ASTL) was last updated on 6/7/2023 by MarketBeat.com Staff

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