Algoma Steel Group (NASDAQ:ASTL) and Salzgitter (OTCMKTS:SZGPY) Critical Analysis

Salzgitter (OTCMKTS:SZGPYGet Free Report) and Algoma Steel Group (NASDAQ:ASTLGet Free Report) are both basic materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their risk, valuation, analyst recommendations, profitability, earnings, dividends and institutional ownership.

Analyst Recommendations

This is a summary of current ratings for Salzgitter and Algoma Steel Group, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Salzgitter 2 3 3 1 2.33
Algoma Steel Group 1 4 0 0 1.80

Earnings & Valuation

This table compares Salzgitter and Algoma Steel Group”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Salzgitter $10.83 billion 0.25 -$381.12 million ($0.40) -12.69
Algoma Steel Group $2.07 billion 0.20 -$62.28 million ($4.75) -0.83

Algoma Steel Group has lower revenue, but higher earnings than Salzgitter. Salzgitter 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.

Insider and Institutional Ownership

72.0% of Algoma Steel Group shares are held by institutional investors. 7.8% of Algoma Steel Group 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.

Risk and Volatility

Salzgitter has a beta of 1.38, meaning that its stock price is 38% more volatile than the S&P 500. Comparatively, Algoma Steel Group has a beta of 1.56, meaning that its stock price is 56% more volatile than the S&P 500.

Dividends

Salzgitter pays an annual dividend of $0.01 per share and has a dividend yield of 0.2%. Algoma Steel Group pays an annual dividend of $0.10 per share and has a dividend yield of 2.6%. Salzgitter pays out -2.5% of its earnings in the form of a dividend. Algoma Steel Group pays out -2.1% 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.

Profitability

This table compares Salzgitter and Algoma Steel Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Salzgitter -2.09% -4.31% -1.83%
Algoma Steel Group -31.27% -15.13% -6.51%

Summary

Salzgitter beats Algoma Steel Group on 10 of the 16 factors compared between the two stocks.

About Salzgitter

(Get Free Report)

Salzgitter AG, together with its subsidiaries, engages in steel and technology businesses worldwide. It operates through four segments: Steel Production, Steel Processing, Trading, and Technology. The Steel Production segment manufactures steel and special steels, such as hot-rolled wide strip, steel sheet, sections, tailored blanks, as well as scrap trading. The Steel Processing segment produces various high-grade heavy plates; and manufactures line pipes, HFI-welded tubes, and precision and stainless-steel tubes. The Trading segment operates a European sales network, as well as trading companies and agencies worldwide. The Technology segment engages in the provision of machinery and plants for the filling and packaging of beverages, as well as special machinery engineering for shoe manufacturing and elastomer production. The company also provides IT, facility management, logistics, automotive engineering, and research and development services, as well as supplies raw materials. The company was founded in 1858 and is headquartered in Salzgitter, Germany.

About Algoma Steel Group

(Get Free Report)

Algoma Steel Group Inc. produces and sells steel products primarily in North America. The company provides flat/sheet steel products, including temper rolling, cold rolled, hot-rolled pickled and oiled products, floor plate, and cut-to-length products for the automotive industry, hollow structural product manufacturers, and the light manufacturing and transportation industries; 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.

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