TMX Group (X) Competitors

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

Do institutionals and insiders 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

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%

Does the media favor ASTL or X?

In the previous week, TMX Group had 4 more articles in the media than Algoma Steel Group. MarketBeat recorded 7 mentions for TMX Group and 3 mentions for Algoma Steel Group. TMX Group's average media sentiment score of 0.08 beat Algoma Steel Group's score of 0.00 indicating that TMX Group is being referred to more favorably in the news media.

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

Which has stronger 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	0.41	-C$150.59M	-C$1.46	-6.46
TMX Group	C$1.87B	8.59	C$482.27M	C$1.73	33.32

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 2.9%. TMX Group pays an annual dividend of C$0.74 per share and has a dividend yield of 1.3%. 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 more volatility and risk, ASTL or X?

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

Do analysts rate ASTL or X?

Algoma Steel Group presently has a consensus price target of C$11.94, suggesting a potential upside of 26.86%. TMX Group has a consensus price target of C$55.13, suggesting a potential downside of 4.50%. Given Algoma Steel Group's higher probable upside, research analysts clearly 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

Summary

TMX Group beats Algoma Steel Group on 10 of the 17 factors compared between the two stocks.