Algoma Steel Group (NASDAQ:ASTL – Get Rating) and Grupo Simec (NYSE:SIM – Get Rating) are both basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, valuation, risk, earnings, institutional ownership and dividends.
Valuation and Earnings
This table compares Algoma Steel Group and Grupo Simec’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Algoma Steel Group||$3.00 billion||0.08||$684.27 million||N/A||N/A|
|Grupo Simec||$2.74 billion||1.63||$465.60 million||$3.00||9.67|
Risk & Volatility
Algoma Steel Group has a beta of 1.64, indicating that its stock price is 64% more volatile than the S&P 500. Comparatively, Grupo Simec has a beta of 0.48, indicating that its stock price is 52% less volatile than the S&P 500.
This table compares Algoma Steel Group and Grupo Simec’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Algoma Steel Group||N/A||81.52%||33.78%|
This is a breakdown of recent ratings and price targets for Algoma Steel Group and Grupo Simec, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Algoma Steel Group||0||0||1||0||3.00|
Algoma Steel Group presently has a consensus price target of $17.00, indicating a potential upside of 80.28%. Given Algoma Steel Group’s higher probable upside, equities analysts plainly believe Algoma Steel Group is more favorable than Grupo Simec.
Algoma Steel Group beats Grupo Simec on 7 of the 9 factors compared between the two stocks.
Algoma Steel Group Company Profile (Get Rating)
Algoma Steel Group Inc. produces and sells steel products primarily in North America. It provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled, floor plate, and cut-to-length products for the automotive industry; and plate steel products that consist of rolled, hot-rolled, and heat-treated for use in the construction or manufacture of railcars, buildings, bridges, off-highway equipment, storage tanks, ships, and military applications. Algoma Steel Group Inc. was founded in 1901 and is headquartered in Sault Ste. Marie, Canada.
Grupo Simec Company Profile (Get Rating)
Grupo Simec, S.A.B. de C.V. manufactures, processes, and distributes special bar quality (SBQ) steel and steel alloys products in Mexico, the United States, Brazil, Canada, and internationally. The company produces I-beams, channels, structural and commercial angles, hot rolled bars, flat bars, rebars, cold finished bars, electro-welded wire mesh and panels, and wire rods, as well as semi-finished tube rounds and other semi-finished trade products. Its SBQ steel products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment; and structural steel products are used in the non-residential construction market and other construction applications. The company also exports its steel products to Central and South America, and Europe. The company was founded in 1969 and is headquartered in Guadalajara, Mexico. Grupo Simec, S.A.B. de C.V. is a subsidiary of Industrias CH, S.A.B. de C.V.
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