Go Pro
→ Wall Street is staring at the wrong AI trade (From The Oxford Club) (Ad)tc pixel Free ASTL Stock Alerts

Algoma Steel Group (ASTL) Competitors

Algoma Steel Group logo
C$5.94 -0.26 (-4.19%)
As of 04:00 PM Eastern
Compare

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

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), New Millennium Iron Corp (NML.TO) (NML), and Tree Island Steel (TSL). 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?

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

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. Champion Iron's average media sentiment score of 0.71 beat Algoma Steel Group's score of 0.00 indicating that Champion Iron is being referred to more favorably in the news media.

Company Overall Sentiment
Algoma Steel Group Neutral
Champion Iron Positive

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
Algoma Steel Group-55.02% -180.34% -0.63%
Champion Iron 5.99%6.81%13.11%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Algoma Steel GroupC$1.54B0.41-C$150.59M-C$10.16N/A
Champion IronC$1.74B1.09C$128.81MC$0.2016.85

Algoma Steel Group has a beta of 1.743024, suggesting that its share price is 74% more volatile than the broader market. Comparatively, Champion Iron has a beta of 0.285903, suggesting that its share price is 71% less volatile than the broader market.

Algoma Steel Group currently has a consensus price target of C$7.13, indicating a potential upside of 19.95%. Champion Iron has a consensus price target of C$6.08, indicating a potential upside of 80.51%. Given Champion Iron's stronger consensus rating and higher possible 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
Algoma Steel Group
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
Champion Iron
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
3.00

17.8% of Algoma Steel Group shares are owned by institutional investors. Comparatively, 30.8% of Champion Iron shares are owned by institutional investors. 7.6% of Algoma Steel Group shares are owned by insiders. Comparatively, 11.3% of Champion Iron shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

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 business? We will compare the two businesses based on the strength of their risk, analyst recommendations, dividends, media sentiment, institutional ownership, profitability, valuation and earnings.

Labrador Iron Ore Royalty has a beta of 0.326943, meaning that its stock price is 67% less volatile than the broader market. Comparatively, Algoma Steel Group has a beta of 1.743024, meaning that its stock price is 74% more volatile than the broader market.

In the previous week, Labrador Iron Ore Royalty had 2 more articles in the media than Algoma Steel Group. MarketBeat recorded 2 mentions for Labrador Iron Ore Royalty and 0 mentions for Algoma Steel Group. Labrador Iron Ore Royalty's average media sentiment score of 0.00 equaled Algoma Steel Group'saverage media sentiment score.

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

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 Royalty50.38% 12.04% 11.52%
Algoma Steel Group -55.02%-180.34%-0.63%

28.2% of Labrador Iron Ore Royalty shares are held by institutional investors. Comparatively, 17.8% of Algoma Steel Group shares are held by institutional investors. 0.1% of Labrador Iron Ore Royalty shares are held by company insiders. Comparatively, 7.6% of Algoma Steel Group shares are held by company 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.

Labrador Iron Ore Royalty currently has a consensus target price of C$29.50, suggesting a potential upside of 9.67%. Algoma Steel Group has a consensus target price of C$7.13, suggesting a potential upside of 19.95%. Given Algoma Steel Group's stronger consensus rating and higher possible upside, analysts plainly believe Algoma Steel Group is more favorable than Labrador Iron Ore Royalty.

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)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Labrador Iron Ore RoyaltyC$153.03M11.25C$197.32MC$1.2022.42
Algoma Steel GroupC$1.54B0.41-C$150.59M-C$10.16N/A

Summary

Labrador Iron Ore Royalty beats Algoma Steel Group on 9 of the 15 factors compared between the two stocks.

How does Algoma Steel Group compare to Oceanic Iron Ore?

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

In the previous week, Algoma Steel Group's average media sentiment score of 0.00 equaled Oceanic Iron Ore'saverage media sentiment score.

Company Overall Sentiment
Algoma Steel Group Neutral
Oceanic Iron Ore Neutral

17.8% of Algoma Steel Group shares are held by institutional investors. Comparatively, 0.0% of Oceanic Iron Ore shares are held by institutional investors. 7.6% of Algoma Steel Group shares are held by insiders. Comparatively, 9.0% of Oceanic Iron Ore shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

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
Algoma Steel Group-55.02% -180.34% -0.63%
Oceanic Iron Ore N/A -6.02%-0.79%

Algoma Steel Group currently has a consensus price target of C$7.13, indicating a potential upside of 19.95%. Oceanic Iron Ore has a consensus price target of C$1.85, indicating a potential upside of 164.29%. Given Oceanic Iron Ore's stronger consensus rating and higher probable upside, 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
Algoma Steel Group
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
Oceanic Iron Ore
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Algoma Steel Group has a beta of 1.743024, meaning that its share price is 74% more volatile than the broader market. Comparatively, Oceanic Iron Ore has a beta of 2.835585, meaning that its share price is 184% more volatile than the broader market.

Oceanic Iron Ore has lower revenue, but higher earnings 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Algoma Steel GroupC$1.54B0.41-C$150.59M-C$10.16N/A
Oceanic Iron OreN/AN/A-C$2.29M-C$0.73N/A

Summary

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

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

New Millennium Iron Corp (NML.TO) (TSE:NML) 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 dividends, media sentiment, institutional ownership, analyst recommendations, profitability, valuation, earnings and risk.

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

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

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
New Millennium Iron Corp (NML.TO)N/A N/A N/A
Algoma Steel Group -55.02%-180.34%-0.63%

Algoma Steel Group has a consensus target price of C$7.13, suggesting a potential upside of 19.95%. Given Algoma Steel Group's stronger consensus rating and higher possible upside, analysts plainly believe Algoma Steel Group is more favorable than New Millennium Iron Corp (NML.TO).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
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
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

New Millennium Iron Corp (NML.TO) has higher earnings, but lower revenue 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New Millennium Iron Corp (NML.TO)C$264.80K0.00-C$75.44K-C$0.01N/A
Algoma Steel GroupC$1.54B0.41-C$150.59M-C$10.16N/A

17.8% of Algoma Steel Group shares are held by institutional investors. 7.6% of Algoma Steel Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Algoma Steel Group beats New Millennium Iron Corp (NML.TO) on 7 of the 12 factors compared between the two stocks.

How does Algoma Steel Group compare to Tree Island Steel?

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

0.1% of Tree Island Steel shares are held by institutional investors. Comparatively, 17.8% of Algoma Steel Group shares are held by institutional investors. 63.4% of Tree Island Steel shares are held by insiders. Comparatively, 7.6% of Algoma Steel Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Algoma Steel Group has a consensus target price of C$7.13, suggesting a potential upside of 19.95%. 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
Tree Island Steel
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Algoma Steel Group
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25

In the previous week, Tree Island Steel had 3 more articles in the media than Algoma Steel Group. MarketBeat recorded 3 mentions for Tree Island Steel and 0 mentions for Algoma Steel Group. Tree Island Steel's average media sentiment score of 0.45 beat Algoma Steel Group's score of 0.00 indicating that Tree Island Steel is being referred to more favorably in the media.

Company Overall Sentiment
Tree Island Steel Neutral
Algoma Steel Group Neutral

Tree Island Steel has a beta of 0.350931, indicating that its stock price is 65% less volatile than the broader market. Comparatively, Algoma Steel Group has a beta of 1.743024, indicating that its stock price is 74% more volatile than the broader market.

Tree Island Steel has higher earnings, but lower revenue 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tree Island SteelC$160.57M0.38-C$2.47M-C$0.26N/A
Algoma Steel GroupC$1.54B0.41-C$150.59M-C$10.16N/A

Tree Island Steel has a net margin of -4.20% compared to Algoma Steel Group's net margin of -55.02%. Tree Island Steel's return on equity of -5.86% beat Algoma Steel Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Tree Island Steel-4.20% -5.86% 1.95%
Algoma Steel Group -55.02%-180.34%-0.63%

Summary

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

Get Algoma Steel Group News Delivered to You Automatically

Sign up to receive the latest news and ratings for ASTL and its competitors with MarketBeat's FREE daily newsletter.

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.

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 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.
Skip Chart

ASTL vs. The Competition

Export
MetricAlgoma Steel GroupMetals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$626.01MC$3.77BC$4.83BC$12.54B
Dividend Yield2.43%5.22%4.71%6.20%
P/E Ratio-0.5823.4321.8830.69
Price / Sales0.417,586.334,510.319.75
Price / Cash1.8729.7127.1382.29
Price / Book2.2010.488.884.64
Net Income-C$150.59MC$122.18MC$154.16MC$299.09M
7 Day Performance4.58%1.36%1.01%0.94%
1 Month Performance15.34%7.90%6.62%3.90%
1 Year Performance-8.05%56.00%44.31%36.05%

Algoma Steel Group Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASTL
Algoma Steel Group
1.2695 of 5 stars		C$5.94
-4.2%		C$7.13
+19.9%		-4.2%C$626.01MC$1.54BN/A2,730
CIA
Champion Iron
4.2076 of 5 stars		C$3.45
+0.3%		C$6.08
+76.3%		-13.1%C$1.93BC$1.74B17.25220
LIF
Labrador Iron Ore Royalty
1.2147 of 5 stars		C$26.88
-0.3%		C$29.50
+9.7%		-0.7%C$1.72BC$153.03M22.40600
FEO
Oceanic Iron Ore
N/AC$0.67
-1.5%		C$1.85
+176.1%		+67.5%C$174.62MN/AN/AN/A
NML
New Millennium Iron Corp (NML.TO)
N/AN/AN/AN/AC$61.56MC$264.80KN/A4

Related Companies and Tools

Related Companies
Top 10 Stock Comparisons

This page (TSE:ASTL) was last updated on 8/14/2026 by MarketBeat.com Staff.
From Our Partners
Here’s the stock symbol I’ve promised
Whitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding - b...
Stansberry Research | Sponsoredtc pixel
Leading AI Insider Issues Urgent Market Warning
A leading AI pioneer has spent $17 million on AI research and tools since 2022, building a platform now used b...
TradeSmith | Sponsoredtc pixel
The $15 Gold Fund That Pays Up to $1,152/Month
Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying...
Investors Alley | Sponsoredtc pixel
Trump’s New Currency Reset
Trump is launching a new $250 bill - but that may be a distraction. Behind the scenes, Executive Order 14241 i...
Porter & Company | Sponsoredtc pixel
They didn't warn anyone in 1971. This time someone is warning you.
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Wall Street is staring at the wrong AI trade
Anthropic just signed a 9.1 billion dollar, 20 year data center agreement covering 191 megawatts of capacity, ...
The Oxford Club | Sponsoredtc pixel
Huge AI Announcement Coming on September 3
A $51 billion backlog, a SpaceX partnership, and a presidential endorsement are fueling renewed attention on t...
InvestorPlace | Sponsoredtc pixel
Your book is inside
The "Sucker's Bet" Most New Options Traders Fall For Most people who try options lose money the same way. ...
Profits Run | Sponsoredtc pixel