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Tree Island Steel (TSL) Competitors

Tree Island Steel logo
C$2.78 +0.19 (+7.34%)
As of 09/4/2026 03:16 PM Eastern

TSL vs. FEO, NML, TXR, BKI, and FTR

Should you buy Tree Island Steel stock or one of its competitors? Tree Island Steel's main competitors and comparable companies include Oceanic Iron Ore (FEO), New Millennium Iron Corp (NML.TO) (NML), TerraX Minerals (TXR), Black Iron (BKI), and Firesteel Resources (FTR). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "steel" industry.

How does Tree Island Steel compare to Oceanic Iron Ore?

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

Oceanic Iron Ore has a net margin of 0.00% compared to Tree Island Steel's net margin of -4.34%. Oceanic Iron Ore's return on equity of -6.02% beat Tree Island Steel's return on equity.

Company Net Margins Return on Equity Return on Assets
Oceanic Iron OreN/A -6.02% -0.79%
Tree Island Steel -4.34%-6.25%1.95%

Oceanic Iron Ore has a beta of 2.835585, meaning that its share price is 184% more volatile than the broader market. Comparatively, Tree Island Steel has a beta of 0.48425, meaning that its share price is 52% less volatile than the broader market.

0.0% of Oceanic Iron Ore shares are owned by institutional investors. Comparatively, 0.1% of Tree Island Steel shares are owned by institutional investors. 9.0% of Oceanic Iron Ore shares are owned by insiders. Comparatively, 63.4% of Tree Island Steel shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Oceanic Iron Ore currently has a consensus target price of C$1.73, indicating a potential upside of 131.11%. Given Oceanic Iron Ore's stronger consensus rating and higher probable upside, analysts clearly believe Oceanic Iron Ore is more favorable than Tree Island Steel.

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
Tree Island Steel
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Oceanic Iron OreN/AN/A-C$2.29M-C$0.66N/A
Tree Island SteelC$164.63M0.44-C$2.47M-C$0.27N/A

In the previous week, Oceanic Iron Ore had 1 more articles in the media than Tree Island Steel. MarketBeat recorded 2 mentions for Oceanic Iron Ore and 1 mentions for Tree Island Steel. Oceanic Iron Ore's average media sentiment score of 0.07 beat Tree Island Steel's score of 0.00 indicating that Oceanic Iron Ore is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Oceanic Iron Ore
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tree Island Steel
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

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

How does Tree Island Steel compare to New Millennium Iron Corp (NML.TO)?

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

New Millennium Iron Corp (NML.TO) has higher earnings, but lower revenue than Tree Island Steel. Tree Island Steel 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
Tree Island SteelC$164.63M0.44-C$2.47M-C$0.27N/A

In the previous week, Tree Island Steel had 1 more articles in the media than New Millennium Iron Corp (NML.TO). MarketBeat recorded 1 mentions for Tree Island Steel and 0 mentions for New Millennium Iron Corp (NML.TO). New Millennium Iron Corp (NML.TO)'s average media sentiment score of 0.00 equaled Tree Island Steel'saverage media sentiment score.

Company Overall Sentiment
New Millennium Iron Corp (NML.TO) Neutral
Tree Island Steel Neutral

New Millennium Iron Corp (NML.TO) has a net margin of 0.00% compared to Tree Island Steel's net margin of -4.34%. New Millennium Iron Corp (NML.TO)'s return on equity of 0.00% beat Tree Island Steel'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
Tree Island Steel -4.34%-6.25%1.95%

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

Summary

Tree Island Steel beats New Millennium Iron Corp (NML.TO) on 6 of the 10 factors compared between the two stocks.

How does Tree Island Steel compare to TerraX Minerals?

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

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

TerraX Minerals has lower revenue, but higher earnings than Tree Island Steel. TerraX Minerals is trading at a lower price-to-earnings ratio than Tree Island Steel, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tree Island SteelC$164.63M0.44-C$2.47M-C$0.27N/A
TerraX MineralsN/AN/AN/A-C$0.01N/A

TerraX Minerals has a net margin of 0.00% compared to Tree Island Steel's net margin of -4.34%. TerraX Minerals' return on equity of 0.00% beat Tree Island Steel's return on equity.

Company Net Margins Return on Equity Return on Assets
Tree Island Steel-4.34% -6.25% 1.95%
TerraX Minerals N/A N/A N/A

In the previous week, Tree Island Steel had 1 more articles in the media than TerraX Minerals. MarketBeat recorded 1 mentions for Tree Island Steel and 0 mentions for TerraX Minerals. Tree Island Steel's average media sentiment score of 0.00 equaled TerraX Minerals'average media sentiment score.

Company Overall Sentiment
Tree Island Steel Neutral
TerraX Minerals Neutral

Summary

Tree Island Steel beats TerraX Minerals on 6 of the 9 factors compared between the two stocks.

How does Tree Island Steel compare to Black Iron?

Black Iron (TSE:BKI) and Tree Island Steel (TSE:TSL) 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.

Black Iron has a net margin of 0.00% compared to Tree Island Steel's net margin of -4.34%. Black Iron's return on equity of 64.30% beat Tree Island Steel's return on equity.

Company Net Margins Return on Equity Return on Assets
Black IronN/A 64.30% -68.20%
Tree Island Steel -4.34%-6.25%1.95%

Black Iron has higher earnings, but lower revenue than Tree Island Steel.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Black IronN/AN/A-C$1.06MN/AN/A
Tree Island SteelC$164.63M0.44-C$2.47M-C$0.27N/A

In the previous week, Tree Island Steel had 1 more articles in the media than Black Iron. MarketBeat recorded 1 mentions for Tree Island Steel and 0 mentions for Black Iron. Black Iron's average media sentiment score of 0.00 equaled Tree Island Steel'saverage media sentiment score.

Company Overall Sentiment
Black Iron Neutral
Tree Island Steel Neutral

Black Iron has a beta of 2.356625, indicating that its share price is 136% more volatile than the broader market. Comparatively, Tree Island Steel has a beta of 0.48425, indicating that its share price is 52% less volatile than the broader market.

0.0% of Black Iron shares are owned by institutional investors. Comparatively, 0.1% of Tree Island Steel shares are owned by institutional investors. 2.1% of Black Iron 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 hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Tree Island Steel beats Black Iron on 6 of the 10 factors compared between the two stocks.

How does Tree Island Steel compare to Firesteel Resources?

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

Firesteel Resources has a net margin of 0.00% compared to Tree Island Steel's net margin of -4.34%. Firesteel Resources' return on equity of 0.00% beat Tree Island Steel's return on equity.

Company Net Margins Return on Equity Return on Assets
Tree Island Steel-4.34% -6.25% 1.95%
Firesteel Resources N/A N/A N/A

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

Firesteel Resources has lower revenue, but higher earnings than Tree Island Steel.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tree Island SteelC$164.63M0.44-C$2.47M-C$0.27N/A
Firesteel ResourcesN/AN/AN/AN/AN/A

In the previous week, Tree Island Steel had 1 more articles in the media than Firesteel Resources. MarketBeat recorded 1 mentions for Tree Island Steel and 0 mentions for Firesteel Resources. Tree Island Steel's average media sentiment score of 0.00 equaled Firesteel Resources'average media sentiment score.

Company Overall Sentiment
Tree Island Steel Neutral
Firesteel Resources Neutral

Summary

Tree Island Steel beats Firesteel Resources on 5 of the 7 factors compared between the two stocks.

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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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TSL vs. The Competition

MetricTree Island SteelMetals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$71.85MC$4.05BC$5.08BC$12.49B
Dividend Yield2.22%5.16%4.67%6.25%
P/E Ratio-10.3025.6726.0739.34
Price / Sales0.448,945.575,320.959.85
Price / Cash32.3129.7427.1382.29
Price / Book0.6712.7110.614.73
Net Income-C$2.47MC$125.28MC$156.45MC$299.09M
7 Day Performance23.01%-0.39%-0.32%-0.25%
1 Month Performance29.91%18.30%13.96%2.31%
1 Year Performance8.59%54.17%42.71%27.86%

Tree Island Steel Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TSL
Tree Island Steel
N/AC$2.78
+7.3%
N/A+9.0%C$71.85MC$164.63MN/A430
FEO
Oceanic Iron Ore
1.8168 of 5 stars
C$0.77
-2.5%
C$1.85
+140.3%
-5.1%C$200.68MN/AN/AN/A
NML
New Millennium Iron Corp (NML.TO)
N/AN/AN/AN/AC$61.56MC$264.80KN/A4
TXR
TerraX Minerals
N/AC$0.28
+16.7%
N/A+0.0%C$44.97MN/AN/A20,100
BKI
Black Iron
N/AC$0.10
+5.6%
N/A-25.0%C$31.57MN/AN/A6

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This page (TSE:TSL) was last updated on 9/5/2026 by MarketBeat.com Staff.
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