Which has stronger valuation & earnings, CIA or ASTL?

Champion Iron has higher revenue and earnings than Algoma Steel Group. Algoma Steel Group is trading at a lower price-to-earnings ratio than Champion Iron, indicating that it is currently the more affordable of the two stocks. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Champion Iron C$1.74B 0.85 C$128.81M C$0.20 13.25 Algoma Steel Group C$1.54B 0.42 -C$150.59M -C$10.16 N/A

Do analysts prefer ASTL or TSL?

Algoma Steel Group currently has a consensus price target of C$6.00, suggesting a potential downside of 1.80%. Given Algoma Steel Group's stronger consensus rating and higher possible upside, analysts plainly believe Algoma Steel Group is more favorable than Tree Island Steel. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Algoma Steel Group 0 Sell rating(s) 3 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 2.00 Tree Island Steel 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00

Do analysts prefer ASTL or NML?

Algoma Steel Group presently has a consensus target price of C$6.00, suggesting a potential downside of 1.80%. Given New Millennium Iron Corp (NML.TO)'s higher probable upside, analysts plainly believe New Millennium Iron Corp (NML.TO) is more favorable than Algoma Steel Group. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Algoma Steel Group 0 Sell rating(s) 3 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 2.00 New Millennium Iron Corp (NML.TO) 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00

Algoma Steel Group (ASTL) Competitors

C$6.11 -0.04 (-0.65%)

As of 10/13/2026 04:00 PM Eastern

Compare

ASTL vs. CIA, LIF, FEO, TSL, and NML

Should you buy Algoma Steel Group stock or one of its competitors? Algoma Steel Group's main competitors and comparable companies include Champion Iron (CIA), Labrador Iron Ore Royalty (LIF), Oceanic Iron Ore (FEO), Tree Island Steel (TSL), and New Millennium Iron Corp (NML.TO) (NML). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "steel" industry.

How does Algoma Steel Group compare to Champion Iron?

Champion Iron (TSE:CIA) and Algoma Steel Group (TSE:ASTL) are both small-cap materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, valuation, earnings, risk, analyst recommendations and media sentiment.

Champion Iron has a net margin of 5.99% compared to Algoma Steel Group's net margin of -55.02%. Champion Iron's return on equity of 6.81% beat Algoma Steel Group's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Champion Iron	5.99%	6.81%	13.11%
Algoma Steel Group	-55.02%	-180.34%	-0.63%

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Champion Iron	C$1.74B	0.85	C$128.81M	C$0.20	13.25
Algoma Steel Group	C$1.54B	0.42	-C$150.59M	-C$10.16	N/A

Champion Iron has a beta of 0.533298, meaning that its stock price is 47% less volatile than the broader market. Comparatively, Algoma Steel Group has a beta of 1.737385, meaning that its stock price is 74% more volatile than the broader market.

In the previous week, Champion Iron had 5 more articles in the media than Algoma Steel Group. MarketBeat recorded 5 mentions for Champion Iron and 0 mentions for Algoma Steel Group. Champion Iron's average media sentiment score of 0.74 beat Algoma Steel Group's score of 0.00 indicating that Champion Iron is being referred to more favorably in the media.

Company	Overall Sentiment
Champion Iron	Positive
Algoma Steel Group	Neutral

32.7% of Champion Iron shares are owned by institutional investors. Comparatively, 17.2% of Algoma Steel Group shares are owned by institutional investors. 11.3% of Champion Iron shares are owned by insiders. Comparatively, 7.6% of Algoma Steel Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Champion Iron presently has a consensus price target of C$5.88, suggesting a potential upside of 121.70%. Algoma Steel Group has a consensus price target of C$6.00, suggesting a potential downside of 1.80%. Given Champion Iron's stronger consensus rating and higher probable upside, analysts plainly believe Champion Iron is more favorable than Algoma Steel Group.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Champion Iron	0 Sell rating(s)	1 Hold rating(s)	6 Buy rating(s)	1 Strong Buy rating(s)	3.00
Algoma Steel Group	0 Sell rating(s)	3 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00

Summary

Champion Iron beats Algoma Steel Group on 16 of the 17 factors compared between the two stocks.

How does Algoma Steel Group compare to Labrador Iron Ore Royalty?

Labrador Iron Ore Royalty (TSE:LIF) and Algoma Steel Group (TSE:ASTL) are both small-cap materials companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, earnings, dividends, risk, profitability, media sentiment, analyst recommendations and institutional ownership.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Labrador Iron Ore Royalty	C$153.03M	8.67	C$197.32M	C$1.20	17.28
Algoma Steel Group	C$1.54B	0.42	-C$150.59M	-C$10.16	N/A

Labrador Iron Ore Royalty presently has a consensus price target of C$29.50, indicating a potential upside of 42.31%. Algoma Steel Group has a consensus price target of C$6.00, indicating a potential downside of 1.80%. Given Labrador Iron Ore Royalty's higher probable upside, analysts clearly believe Labrador Iron Ore Royalty is more favorable than Algoma Steel Group.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Labrador Iron Ore Royalty	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00
Algoma Steel Group	0 Sell rating(s)	3 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00

In the previous week, Algoma Steel Group's average media sentiment score of 0.00 beat Labrador Iron Ore Royalty's score of -0.62 indicating that Algoma Steel Group is being referred to more favorably in the news media.

Company	Overall Sentiment
Labrador Iron Ore Royalty	Negative
Algoma Steel Group	Neutral

Labrador Iron Ore Royalty has a beta of 0.541728, indicating that its stock price is 46% less volatile than the broader market. Comparatively, Algoma Steel Group has a beta of 1.737385, indicating that its stock price is 74% more volatile than the broader market.

Labrador Iron Ore Royalty has a net margin of 50.38% compared to Algoma Steel Group's net margin of -55.02%. Labrador Iron Ore Royalty's return on equity of 12.04% beat Algoma Steel Group's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Labrador Iron Ore Royalty	50.38%	12.04%	11.52%
Algoma Steel Group	-55.02%	-180.34%	-0.63%

27.0% of Labrador Iron Ore Royalty shares are owned by institutional investors. Comparatively, 17.2% of Algoma Steel Group shares are owned by institutional investors. 0.1% of Labrador Iron Ore Royalty shares are owned by insiders. Comparatively, 7.6% of Algoma Steel Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Labrador Iron Ore Royalty beats Algoma Steel Group on 9 of the 13 factors compared between the two stocks.

How does Algoma Steel Group compare to Oceanic Iron Ore?

Oceanic Iron Ore (CVE:FEO) and Algoma Steel Group (TSE:ASTL) are both small-cap materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, media sentiment, risk, valuation, profitability, earnings, analyst recommendations and institutional ownership.

Oceanic Iron Ore has a net margin of 0.00% compared to Algoma Steel Group's net margin of -55.02%. Oceanic Iron Ore's return on equity of -6.02% beat Algoma Steel Group's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Oceanic Iron Ore	N/A	-6.02%	-0.79%
Algoma Steel Group	-55.02%	-180.34%	-0.63%

Oceanic Iron Ore has a beta of 3.009849, indicating that its stock price is 201% more volatile than the broader market. Comparatively, Algoma Steel Group has a beta of 1.737385, indicating that its stock price is 74% more volatile than the broader market.

Oceanic Iron Ore currently has a consensus target price of C$1.73, indicating a potential upside of 158.71%. Algoma Steel Group has a consensus target price of C$6.00, indicating a potential downside of 1.80%. Given Oceanic Iron Ore's stronger consensus rating and higher probable upside, equities analysts plainly believe Oceanic Iron Ore is more favorable than Algoma Steel Group.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Oceanic Iron Ore	0 Sell rating(s)	0 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	3.00
Algoma Steel Group	0 Sell rating(s)	3 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00

0.0% of Oceanic Iron Ore shares are owned by institutional investors. Comparatively, 17.2% of Algoma Steel Group shares are owned by institutional investors. 9.0% of Oceanic Iron Ore shares are owned by company insiders. Comparatively, 7.6% of Algoma Steel Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Oceanic Iron Ore has higher earnings, but lower revenue than Algoma Steel Group. Oceanic Iron Ore 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Oceanic Iron Ore	N/A	N/A	-C$2.29M	-C$0.66	N/A
Algoma Steel Group	C$1.54B	0.42	-C$150.59M	-C$10.16	N/A

In the previous week, Oceanic Iron Ore had 2 more articles in the media than Algoma Steel Group. MarketBeat recorded 2 mentions for Oceanic Iron Ore and 0 mentions for Algoma Steel Group. Algoma Steel Group's average media sentiment score of 0.00 beat Oceanic Iron Ore's score of -0.13 indicating that Algoma Steel Group is being referred to more favorably in the news media.

Company	Overall Sentiment
Oceanic Iron Ore	Neutral
Algoma Steel Group	Neutral

Summary

Oceanic Iron Ore beats Algoma Steel Group on 10 of the 15 factors compared between the two stocks.

How does Algoma Steel Group compare to Tree Island Steel?

Algoma Steel Group (TSE:ASTL) and Tree Island Steel (TSE:TSL) are both small-cap materials companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, earnings, profitability, institutional ownership, dividends and risk.

Algoma Steel Group currently has a consensus price target of C$6.00, suggesting a potential downside of 1.80%. Given Algoma Steel Group's stronger consensus rating and higher possible upside, analysts plainly believe Algoma Steel Group is more favorable than Tree Island Steel.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Algoma Steel Group	0 Sell rating(s)	3 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00
Tree Island Steel	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00

In the previous week, Algoma Steel Group's average media sentiment score of 0.00 equaled Tree Island Steel'saverage media sentiment score.

Company	Overall Sentiment
Algoma Steel Group	Neutral
Tree Island Steel	Neutral

Algoma Steel Group has a beta of 1.737385, suggesting that its stock price is 74% more volatile than the broader market. Comparatively, Tree Island Steel has a beta of 0.502526, suggesting that its stock price is 50% less volatile than the broader market.

17.2% of Algoma Steel Group shares are owned by institutional investors. Comparatively, 0.1% of Tree Island Steel shares are owned by institutional investors. 7.6% of Algoma Steel Group shares are owned by company insiders. Comparatively, 63.4% of Tree Island Steel shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Tree Island Steel has a net margin of -4.34% compared to Algoma Steel Group's net margin of -55.02%. Tree Island Steel's return on equity of -6.25% beat Algoma Steel Group's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Algoma Steel Group	-55.02%	-180.34%	-0.63%
Tree Island Steel	-4.34%	-6.25%	1.95%

Tree Island Steel has lower revenue, but higher earnings than Algoma Steel Group. Tree Island Steel 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Algoma Steel Group	C$1.54B	0.42	-C$150.59M	-C$10.16	N/A
Tree Island Steel	C$164.63M	0.37	-C$2.47M	-C$0.27	N/A

Summary

Algoma Steel Group beats Tree Island Steel on 7 of the 13 factors compared between the two stocks.

How does Algoma Steel Group compare to New Millennium Iron Corp (NML.TO)?

Algoma Steel Group (TSE:ASTL) and New Millennium Iron Corp (NML.TO) (TSE:NML) are both small-cap materials companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, dividends, valuation, earnings, profitability, risk, institutional ownership and media sentiment.

In the previous week, Algoma Steel Group's average media sentiment score of 0.00 equaled New Millennium Iron Corp (NML.TO)'saverage media sentiment score.

Company	Overall Sentiment
Algoma Steel Group	Neutral
New Millennium Iron Corp (NML.TO)	Neutral

New Millennium Iron Corp (NML.TO) has lower revenue, but higher earnings than Algoma Steel Group. Algoma Steel Group is trading at a lower price-to-earnings ratio than New Millennium Iron Corp (NML.TO), indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Algoma Steel Group	C$1.54B	0.42	-C$150.59M	-C$10.16	N/A
New Millennium Iron Corp (NML.TO)	C$264.80K	0.00	-C$75.44K	-C$0.01	N/A

New Millennium Iron Corp (NML.TO) has a net margin of 0.00% compared to Algoma Steel Group's net margin of -55.02%. New Millennium Iron Corp (NML.TO)'s return on equity of 0.00% beat Algoma Steel Group's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Algoma Steel Group	-55.02%	-180.34%	-0.63%
New Millennium Iron Corp (NML.TO)	N/A	N/A	N/A

17.2% of Algoma Steel Group shares are owned by institutional investors. 7.6% of Algoma Steel Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Algoma Steel Group presently has a consensus target price of C$6.00, suggesting a potential downside of 1.80%. Given New Millennium Iron Corp (NML.TO)'s higher probable upside, analysts plainly believe New Millennium Iron Corp (NML.TO) is more favorable than Algoma Steel Group.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Algoma Steel Group	0 Sell rating(s)	3 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00
New Millennium Iron Corp (NML.TO)	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00

Summary

New Millennium Iron Corp (NML.TO) beats Algoma Steel Group on 6 of the 11 factors compared between the two stocks.

Get Algoma Steel Group News Delivered to You Automatically

Subscribe Now

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.

ASTL vs. The Competition

Export

Metric	Algoma Steel Group	Metals & Mining Industry	Materials Sector	TSE Exchange
Market Cap	C$645.59M	C$3.79B	C$4.73B	C$12.72B
Dividend Yield	2.43%	5.25%	4.78%	6.34%
P/E Ratio	-0.60	22.17	21.98	38.35
Price / Sales	0.42	27,199.17	16,198.85	8.68
Price / Cash	1.87	27.04	24.90	82.29
Price / Book	2.26	11.70	9.73	4.44
Net Income	-C$150.59M	C$127.33M	C$159.31M	C$299.09M
7 Day Performance	0.99%	-0.96%	-0.86%	0.69%
1 Month Performance	3.74%	77.47%	56.71%	-1.38%
1 Year Performance	8.33%	12.35%	11.49%	15.18%

Algoma Steel Group Competitors List

Export

Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
ASTL Algoma Steel Group	0.1209 of 5 stars	C$6.11 -0.7%	C$6.00 -1.8%	+23.4%	C$645.59M	C$1.54B	N/A	2,400
CIA Champion Iron	4.1866 of 5 stars	C$2.84 -2.1%	C$5.88 +106.9%	-38.4%	C$1.59B	C$1.74B	14.20	220
LIF Labrador Iron Ore Royalty	2.6513 of 5 stars	C$22.06 -1.1%	C$29.50 +33.7%	-25.1%	C$1.41B	C$153.03M	18.38	600
FEO Oceanic Iron Ore	1.476 of 5 stars	C$0.70 -2.8%	C$1.73 +147.6%	-34.3%	C$183.06M	N/A	N/A	N/A
TSL Tree Island Steel	N/A	C$2.41 +1.7%	N/A	-12.3%	C$62.29M	C$164.63M	N/A	300	Gap Up

Related Companies and Tools

Related Companies

Top 10 Stock Comparisons

This page (TSE:ASTL) was last updated on 10/14/2026 by MarketBeat.com Staff.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Algoma Steel Group (ASTL) Competitors

ASTL vs. CIA, LIF, FEO, TSL, and NML

How does Algoma Steel Group compare to Champion Iron?

Summary

How does Algoma Steel Group compare to Labrador Iron Ore Royalty?

Summary

How does Algoma Steel Group compare to Oceanic Iron Ore?

Summary

How does Algoma Steel Group compare to Tree Island Steel?

Summary

How does Algoma Steel Group compare to New Millennium Iron Corp (NML.TO)?

Summary

Media Sentiment Over Time

ASTL vs. The Competition

Algoma Steel Group Competitors List

Related Companies and Tools

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Algoma Steel Group (ASTL) Competitors

ASTL vs. CIA, LIF, FEO, TSL, and NML

How does Algoma Steel Group compare to Champion Iron?

Is CIA or ASTL more profitable?

Which has stronger valuation & earnings, CIA or ASTL?

Which has more risk & volatility, CIA or ASTL?

Does the media prefer CIA or ASTL?

Do insiders & institutionals have more ownership in CIA or ASTL?

Do analysts rate CIA or ASTL?

Summary

How does Algoma Steel Group compare to Labrador Iron Ore Royalty?

Which has higher earnings & valuation, LIF or ASTL?

Do analysts prefer LIF or ASTL?

Does the media prefer LIF or ASTL?

Which has more risk & volatility, LIF or ASTL?

Is LIF or ASTL more profitable?

Do institutionals & insiders have more ownership in LIF or ASTL?

Summary

How does Algoma Steel Group compare to Oceanic Iron Ore?

Is FEO or ASTL more profitable?

Which has more risk and volatility, FEO or ASTL?

Do analysts prefer FEO or ASTL?

Do institutionals and insiders have more ownership in FEO or ASTL?

Which has preferable earnings and valuation, FEO or ASTL?

Does the media prefer FEO or ASTL?

Summary

How does Algoma Steel Group compare to Tree Island Steel?

Do analysts prefer ASTL or TSL?

Does the media favor ASTL or TSL?

Which has more volatility and risk, ASTL or TSL?

Do insiders and institutionals hold more shares of ASTL or TSL?

Is ASTL or TSL more profitable?

Which has higher valuation and earnings, ASTL or TSL?

Summary

How does Algoma Steel Group compare to New Millennium Iron Corp (NML.TO)?

Does the media prefer ASTL or NML?

Which has preferable valuation & earnings, ASTL or NML?

Is ASTL or NML more profitable?

Do institutionals & insiders hold more shares of ASTL or NML?

Do analysts prefer ASTL or NML?

Summary

Media Sentiment Over Time

ASTL vs. The Competition

Algoma Steel Group Competitors List

Related Companies and Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools