TMX Group (X) Competitors

TMX Group (TSE:X) and Algoma Steel Group (TSE:ASTL) are both steel works companies, but which is the better business? We will compare the two businesses based on the strength of their risk, media sentiment, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.

Which has more volatility & risk, X or ASTL?

TMX Group has a beta of 0.101596, meaning that its share price is 90% less volatile than the S&P 500. Comparatively, Algoma Steel Group has a beta of 2.069954, meaning that its share price is 107% more volatile than the S&P 500.

Do insiders & institutionals believe in X or ASTL?

61.0% of TMX Group shares are held by institutional investors. Comparatively, 25.7% of Algoma Steel Group shares are held by institutional investors. 1.2% of TMX Group shares are held by insiders. Comparatively, 7.6% of Algoma Steel Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Is X or ASTL a better dividend stock?

TMX Group pays an annual dividend of C$0.78 per share and has a dividend yield of 1.4%. Algoma Steel Group pays an annual dividend of C$0.27 per share and has a dividend yield of 3.8%. TMX Group pays out 51.7% of its earnings in the form of a dividend. Algoma Steel Group pays out -18.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Algoma Steel Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

Is X or ASTL more profitable?

TMX Group has a net margin of 25.80% compared to Algoma Steel Group's net margin of -6.33%. TMX Group's return on equity of 3.37% beat Algoma Steel Group's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
TMX Group	25.80%	3.37%	2.76%
Algoma Steel Group	-6.33%	-10.66%	-0.63%

Does the media favor X or ASTL?

In the previous week, Algoma Steel Group had 1 more articles in the media than TMX Group. MarketBeat recorded 3 mentions for Algoma Steel Group and 2 mentions for TMX Group. TMX Group's average media sentiment score of 0.34 beat Algoma Steel Group's score of -0.32 indicating that TMX Group is being referred to more favorably in the media.

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

Do analysts recommend X or ASTL?

TMX Group presently has a consensus target price of C$59.81, suggesting a potential upside of 10.15%. Algoma Steel Group has a consensus target price of C$9.67, suggesting a potential upside of 35.96%. Given Algoma Steel Group's higher probable upside, analysts clearly believe Algoma Steel Group is more favorable than TMX Group.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TMX Group	0 Sell rating(s)	4 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.43
Algoma Steel Group	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33

Which has better valuation and earnings, X or ASTL?

TMX Group has higher earnings, but lower revenue than Algoma Steel Group. Algoma Steel Group is trading at a lower price-to-earnings ratio than TMX 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
TMX Group	C$1.59B	9.51	C$482.27M	C$1.51	35.96
Algoma Steel Group	C$2.49B	0.30	-C$150.59M	-C$1.45	-4.90

Summary

TMX Group beats Algoma Steel Group on 11 of the 18 factors compared between the two stocks.