TMX Group (X) Competitors

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

Is ASTL or X a better dividend stock?

Algoma Steel Group pays an annual dividend of C$0.27 per share and has a dividend yield of 3.1%. TMX Group pays an annual dividend of C$0.74 per share and has a dividend yield of 1.4%. Algoma Steel Group pays out -18.5% of its earnings in the form of a dividend. TMX Group pays out 42.7% 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.

Which has better earnings & valuation, ASTL or X?

TMX Group has lower revenue, but higher earnings 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
Algoma Steel Group	C$2.38B	0.38	-C$150.59M	-C$1.46	-5.97
TMX Group	C$1.87B	8.13	C$482.27M	C$1.73	31.53

Does the MarketBeat Community prefer ASTL or X?

TMX Group received 276 more outperform votes than Algoma Steel Group when rated by MarketBeat users. Likewise, 43.26% of users gave TMX Group an outperform vote while only 27.59% of users gave Algoma Steel Group an outperform vote.

Company	Underperform	Outperform
Algoma Steel Group	Outperform Votes 16 27.59%	Underperform Votes 42 72.41%
TMX Group	Outperform Votes 292 43.26%	Underperform Votes 383 56.74%

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

69.7% of Algoma Steel Group shares are owned by institutional investors. Comparatively, 57.3% of TMX Group shares are owned by institutional investors. 7.6% of Algoma Steel Group shares are owned by insiders. Comparatively, 1.2% of TMX Group shares are owned by 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.

Which has more volatility & risk, ASTL or X?

Algoma Steel Group has a beta of 1.5, indicating that its stock price is 50% more volatile than the S&P 500. Comparatively, TMX Group has a beta of 0.43, indicating that its stock price is 57% less volatile than the S&P 500.

Is ASTL or X 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
Algoma Steel Group	-6.33%	-10.66%	-0.63%
TMX Group	25.80%	3.37%	2.76%

Do analysts rate ASTL or X?

Algoma Steel Group currently has a consensus target price of C$11.94, suggesting a potential upside of 37.21%. TMX Group has a consensus target price of C$55.13, suggesting a potential upside of 0.92%. Given Algoma Steel Group's higher possible upside, equities research analysts plainly believe Algoma Steel Group is more favorable than TMX Group.

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

Does the media prefer ASTL or X?

In the previous week, TMX Group had 1 more articles in the media than Algoma Steel Group. MarketBeat recorded 1 mentions for TMX Group and 0 mentions for Algoma Steel Group. TMX Group's average media sentiment score of 0.46 beat Algoma Steel Group's score of -0.21 indicating that TMX Group is being referred to more favorably in the news media.

Company	Overall Sentiment
Algoma Steel Group	Neutral
TMX Group	Neutral

Summary

TMX Group beats Algoma Steel Group on 12 of the 19 factors compared between the two stocks.