ASTL vs. LIF, STLC, CIA, EDR, OSK, CHE.UN, ALS, KRR, IFP, and SVM
Should you be buying Algoma Steel Group stock or one of its competitors? The main competitors of Algoma Steel Group include Labrador Iron Ore Royalty (LIF), Stelco (STLC), Champion Iron (CIA), Endeavour Silver (EDR), Osisko Mining (OSK), Chemtrade Logistics Income Fund (CHE.UN), Altius Minerals (ALS), Karora Resources (KRR), Interfor (IFP), and Silvercorp Metals (SVM). These companies are all part of the "basic materials" sector.
Algoma Steel Group (TSE:ASTL) and Labrador Iron Ore Royalty (TSE:LIF) are both small-cap basic materials companies, but which is the better business? We will contrast the two companies based on the strength of their community ranking, earnings, dividends, institutional ownership, profitability, valuation, analyst recommendations, media sentiment and risk.
Algoma Steel Group currently has a consensus target price of C$15.25, suggesting a potential upside of 43.33%. Labrador Iron Ore Royalty has a consensus target price of C$32.50, suggesting a potential upside of 8.12%. Given Algoma Steel Group's stronger consensus rating and higher possible upside, analysts clearly believe Algoma Steel Group is more favorable than Labrador Iron Ore Royalty.
In the previous week, Labrador Iron Ore Royalty had 1 more articles in the media than Algoma Steel Group. MarketBeat recorded 1 mentions for Labrador Iron Ore Royalty and 0 mentions for Algoma Steel Group. Labrador Iron Ore Royalty's average media sentiment score of 1.08 beat Algoma Steel Group's score of 0.00 indicating that Labrador Iron Ore Royalty is being referred to more favorably in the news media.
Algoma Steel Group pays an annual dividend of C$0.27 per share and has a dividend yield of 2.5%. Labrador Iron Ore Royalty pays an annual dividend of C$2.50 per share and has a dividend yield of 8.3%. Algoma Steel Group pays out 42.2% of its earnings in the form of a dividend. Labrador Iron Ore Royalty pays out 85.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Labrador Iron Ore Royalty has lower revenue, but higher earnings than Algoma Steel Group. Labrador Iron Ore Royalty is trading at a lower price-to-earnings ratio than Algoma Steel Group, indicating that it is currently the more affordable of the two stocks.
Labrador Iron Ore Royalty received 309 more outperform votes than Algoma Steel Group when rated by MarketBeat users. Likewise, 52.56% of users gave Labrador Iron Ore Royalty an outperform vote while only 20.93% of users gave Algoma Steel Group an outperform vote.
Algoma Steel Group has a beta of 1.52, meaning that its stock price is 52% more volatile than the S&P 500. Comparatively, Labrador Iron Ore Royalty has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500.
Labrador Iron Ore Royalty has a net margin of 93.08% compared to Algoma Steel Group's net margin of 1.99%. Labrador Iron Ore Royalty's return on equity of 28.73% beat Algoma Steel Group's return on equity.
70.4% of Algoma Steel Group shares are held by institutional investors. Comparatively, 21.6% of Labrador Iron Ore Royalty shares are held by institutional investors. 4.9% of Algoma Steel Group shares are held by company insiders. Comparatively, 0.1% of Labrador Iron Ore Royalty shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary
Labrador Iron Ore Royalty beats Algoma Steel Group on 11 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ASTL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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