Algoma Steel Group Inc. (ASTL) vs Mechel PAO (MTL)

Algoma Steel Group Inc. and Mechel PAO are both Steel companies. Mechel PAO is the larger, with a market value of $1.2B against $442.7M — 2.7× the size. Algoma Steel Group Inc. has negative trailing earnings, so its P/E is not meaningful; Mechel PAO trades at 0.8×. Mechel PAO grew revenue faster over the last twelve months: 48.0% against −34.4%. Mechel PAO has the higher net margin (20.0% vs −71.1%) and the higher return on invested capital (0.00% vs −72.5%). Across the 18 metrics below, Mechel PAO leads on 16 and Algoma Steel Group Inc. on 2.

Valuation

Metric ASTL MTL Steel median
P/E n/m 0.84 21.10
P/S 0.42 0.10 0.70
P/B 2.18 n/m 1.39
Price to free cash flow n/m 0.50 23.71
EV/EBITDA n/m 2.62 10.71
EV/Sales 0.97 0.78 0.85
Earnings yield (172.54%) 119.61% 4.56%
Free cash flow yield (55.91%) 201.98% 0.00%

Profitability

Metric ASTL MTL Steel median
Gross margin (47.42%) 44.30% 13.91%
Operating margin (86.59%) 0.00% 4.77%
Net margin (71.10%) 20.04% 3.40%
Free cash flow margin (23.33%) 23.08% 0.00%
Return on equity (138.17%) (40.08%) 2.21%
Return on assets (43.83%) 37.90% 1.83%
Return on invested capital (72.46%) 0.00% 2.52%

Growth

Metric ASTL MTL Steel median
Revenue growth (TTM) (34.43%) 48.03% 11.33%
EPS growth (last fiscal year) (1,205.05%) 10,700.00% —
Revenue growth, 5-year CAGR (13.24%) 5.72% 6.73%
Net income growth, 5-year CAGR 0.00% 59.28% 0.00%

Health

Metric ASTL MTL Steel median
Debt to equity 3.12 (1.81) 0.22
Current ratio 2.49 0.32 2.58
Net debt to EBITDA (0.84) 2.26 0.10

Dividend

Metric ASTL MTL Steel median
Dividend yield 2.52% — 2.48%
Payout ratio 0.25 0.00 0.04

Size

Metric ASTL MTL Steel median
Market cap 442.72m 1.21b 1.46b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack