TMX Group (X) Competitors

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

Which has better valuation & 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$1.87B	8.47	C$482.27M	C$1.73	32.84
Algoma Steel Group	C$2.38B	0.28	-C$150.59M	-C$1.46	-4.42

Does the media favor X or ASTL?

In the previous week, TMX Group had 7 more articles in the media than Algoma Steel Group. MarketBeat recorded 8 mentions for TMX Group and 1 mentions for Algoma Steel Group. Algoma Steel Group's average media sentiment score of 0.67 beat TMX Group's score of 0.62 indicating that Algoma Steel Group is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
TMX Group	2 Very Positive mention(s)	3 Positive mention(s)	2 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive
Algoma Steel Group	0 Very Positive mention(s)	1 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

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

57.3% of TMX Group shares are held by institutional investors. Comparatively, 69.7% 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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

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%

Do analysts recommend X or ASTL?

TMX Group presently has a consensus target price of C$59.81, indicating a potential upside of 5.14%. Algoma Steel Group has a consensus target price of C$9.67, indicating a potential upside of 50.10%. 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

Is X or ASTL a better dividend stock?

TMX Group pays an annual dividend of C$0.74 per share and has a dividend yield of 1.3%. Algoma Steel Group pays an annual dividend of C$0.27 per share and has a dividend yield of 4.2%. TMX Group pays out 42.7% of its earnings in the form of a dividend. Algoma Steel Group pays out -18.5% 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 more volatility and risk, X or ASTL?

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

Summary

TMX Group beats Algoma Steel Group on 10 of the 18 factors compared between the two stocks.