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Labrador Iron Ore Royalty (LIF) Competitors

Labrador Iron Ore Royalty logo
C$29.85 -0.02 (-0.07%)
(As of 12/6/2024 ET)

LIF vs. MEG, QBR.B, SJ, NVEI, QBR.A, EFX, CHR, TIXT, MAX, and FC

Should you be buying Labrador Iron Ore Royalty stock or one of its competitors? The main competitors of Labrador Iron Ore Royalty include MEG Energy (MEG), Quebecor (QBR.B), Stella-Jones (SJ), Nuvei (NVEI), Quebecor (QBR.A), Enerflex (EFX), Chorus Aviation (CHR), TELUS International (Cda) (TIXT), Midas Gold Corp. (MAX.TO) (MAX), and Firm Capital Mortgage Investment (FC). These companies are all part of the "business services" industry.

Labrador Iron Ore Royalty vs.

MEG Energy (TSE:MEG) and Labrador Iron Ore Royalty (TSE:LIF) are both energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, media sentiment, risk, earnings, valuation, institutional ownership, community ranking and dividends.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MEG EnergyC$5.62B1.14C$586MC$2.1011.33
Labrador Iron Ore RoyaltyC$211M9.05C$210.38MC$3.328.99

In the previous week, MEG Energy had 3 more articles in the media than Labrador Iron Ore Royalty. MarketBeat recorded 4 mentions for MEG Energy and 1 mentions for Labrador Iron Ore Royalty. MEG Energy's average media sentiment score of 1.58 beat Labrador Iron Ore Royalty's score of 0.00 indicating that MEG Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MEG Energy
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Labrador Iron Ore Royalty
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

MEG Energy pays an annual dividend of C$0.40 per share and has a dividend yield of 1.7%. Labrador Iron Ore Royalty pays an annual dividend of C$2.70 per share and has a dividend yield of 9.0%. MEG Energy pays out 19.0% of its earnings in the form of a dividend. Labrador Iron Ore Royalty pays out 81.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Labrador Iron Ore Royalty has a net margin of 99.70% compared to MEG Energy's net margin of 10.43%. Labrador Iron Ore Royalty's return on equity of 31.89% beat MEG Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
MEG Energy10.43% 12.99% 8.96%
Labrador Iron Ore Royalty 99.70%31.89%11.52%

MEG Energy currently has a consensus price target of C$32.45, indicating a potential upside of 36.36%. Labrador Iron Ore Royalty has a consensus price target of C$33.00, indicating a potential upside of 10.55%. Given MEG Energy's higher probable upside, analysts clearly believe MEG Energy is more favorable than Labrador Iron Ore Royalty.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MEG Energy
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Labrador Iron Ore Royalty
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

MEG Energy received 99 more outperform votes than Labrador Iron Ore Royalty when rated by MarketBeat users. Likewise, 56.35% of users gave MEG Energy an outperform vote while only 52.05% of users gave Labrador Iron Ore Royalty an outperform vote.

CompanyUnderperformOutperform
MEG EnergyOutperform Votes
417
56.35%
Underperform Votes
323
43.65%
Labrador Iron Ore RoyaltyOutperform Votes
318
52.05%
Underperform Votes
293
47.95%

44.4% of MEG Energy shares are owned by institutional investors. Comparatively, 21.6% of Labrador Iron Ore Royalty shares are owned by institutional investors. 0.3% of MEG Energy shares are owned by insiders. Comparatively, 0.1% of Labrador Iron Ore Royalty shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

MEG Energy has a beta of 2.89, meaning that its stock price is 189% more volatile than the S&P 500. Comparatively, Labrador Iron Ore Royalty has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.

Summary

MEG Energy beats Labrador Iron Ore Royalty on 13 of the 19 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.
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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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LIF vs. The Competition

MetricLabrador Iron Ore RoyaltySteel IndustryMaterials SectorTSE Exchange
Market CapC$1.91BC$1.07BC$2.91BC$6.30B
Dividend Yield8.33%4.14%5.07%5.82%
P/E Ratio8.9948.56118.6826.12
Price / Sales9.0519.18710,783.471,477.30
Price / Cash50.9717.9124.1780.70
Price / Book2.850.993.473.18
Net IncomeC$210.38MC$54.43MC$148.56MC$296.57M
7 Day Performance0.64%5.79%7.32%0.03%
1 Month Performance0.74%4.95%7.59%4.09%
1 Year Performance-6.95%1.14%24.69%40.61%

Labrador Iron Ore Royalty Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LIF
Labrador Iron Ore Royalty
1.7513 of 5 stars
C$29.85
-0.1%
C$33.00
+10.6%
-4.8%C$1.91BC$211M8.99600News Coverage
MEG
MEG Energy
3.9417 of 5 stars
C$25.01
-0.8%
C$32.45
+29.8%
+0.7%C$6.74BC$5.62B12.00449News Coverage
Positive News
QBR.B
Quebecor
1.5435 of 5 stars
C$33.54
+1.5%
C$37.94
+13.1%
+7.0%C$5.29BC$5.67B10.4310,039
SJ
Stella-Jones
2.4559 of 5 stars
C$71.65
+0.5%
C$88.00
+22.8%
-10.1%C$4.04BC$3.46B11.56280Analyst Revision
News Coverage
NVEI
Nuvei
N/AC$47.61
-0.5%
N/AN/AC$3.13BC$1.31B-432.821,370
QBR.A
Quebecor
N/AC$36.24
+9.1%
N/A+1.9%C$2.78BC$5.67B10.4810,000
EFX
Enerflex
2.3841 of 5 stars
C$12.87
+0.6%
C$12.34
-4.1%
+134.4%C$1.60BC$2.37B-11.0814,000Positive News
CHR
Chorus Aviation
1.4826 of 5 stars
C$3.35
-0.9%
C$3.45
+3.0%
+54.1%C$640.22MC$1.72B14.704,573News Coverage
TIXT
TELUS International (Cda)
3.3107 of 5 stars
C$5.23
-3.1%
C$10.00
+91.2%
-43.8%C$580.53MC$2.66B41.5473,100
MAX
Midas Gold Corp. (MAX.TO)
N/AC$9.08
-4.0%
N/AN/AC$431.51MN/A-1.90160
FC
Firm Capital Mortgage Investment
1.4186 of 5 stars
C$11.59
-1.9%
C$13.00
+12.2%
+6.3%C$425.70MC$45.43M11.931,150

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This page (TSE:LIF) was last updated on 12/8/2024 by MarketBeat.com Staff
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