Algoma Steel Group Inc. (ASTL) vs National Steel Company (SID)

Algoma Steel Group Inc. and National Steel Company are both Steel companies. National Steel Company is the larger, with a market value of $1.5B against $442.7M — 3.3× the size. National Steel Company grew revenue faster over the last twelve months: 9.26% against −34.4%. National Steel Company has the higher net margin (−5.61% vs −71.1%) and the higher return on invested capital (3.18% vs −72.5%). Both pay a dividend; National Steel Company yields more (14.3% vs 2.52%). Across the 19 metrics below, National Steel Company leads on 14 and Algoma Steel Group Inc. on 5.

Valuation

Metric ASTL SID Steel median
P/E n/m n/m 21.10
P/S 0.42 0.17 0.70
P/B 2.18 0.48 1.39
Price to free cash flow n/m n/m 23.71
EV/EBITDA n/m 6.66 10.71
EV/Sales 0.97 1.08 0.85
Earnings yield (172.54%) (30.91%) 4.56%
Free cash flow yield (55.91%) (86.32%) 0.00%

Profitability

Metric ASTL SID Steel median
Gross margin (47.42%) 27.75% 13.91%
Operating margin (86.59%) 6.41% 4.77%
Net margin (71.10%) (5.61%) 3.40%
Free cash flow margin (23.33%) (13.90%) 0.00%
Return on equity (138.17%) (15.97%) 2.21%
Return on assets (43.83%) (2.54%) 1.83%
Return on invested capital (72.46%) 3.18% 2.52%

Growth

Metric ASTL SID Steel median
Revenue growth (TTM) (34.43%) 9.26% 11.33%
EPS growth (last fiscal year) (1,205.05%) 25.00% —
Revenue growth, 5-year CAGR (13.24%) 6.59% 6.73%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ASTL SID Steel median
Debt to equity 3.12 3.50 0.22
Current ratio 2.49 1.15 2.58
Net debt to EBITDA (0.84) 4.48 0.10

Dividend

Metric ASTL SID Steel median
Dividend yield 2.52% 14.27% 2.48%
Payout ratio 0.25 5.08 0.04

Size

Metric ASTL SID Steel median
Market cap 442.72m 1.46b 1.46b

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