Algoma Steel Group Inc. (ASTL) vs Worthington Steel, Inc. (WS)

Algoma Steel Group Inc. and Worthington Steel, Inc. are both Steel companies. Worthington Steel, Inc. is the larger, with a market value of $2.0B against $433.2M — 4.6× the size. Worthington Steel, Inc. grew revenue faster over the last twelve months: 69.1% against −34.4%. Worthington Steel, Inc. has the higher net margin (−0.72% vs −71.1%) and the higher return on invested capital (0.11% vs −72.5%). Only Worthington Steel, Inc. pays a dividend (1.61%). Across the 18 metrics below, Worthington Steel, Inc. leads on 16 and Algoma Steel Group Inc. on 2.

Valuation

Metric ASTL WS Steel median
P/E n/m n/m 20.82
P/S 0.39 0.37 0.73
P/B 2.06 1.21 1.24
Price to free cash flow n/m 24.18 25.52
EV/EBITDA n/m 40.26 9.90
EV/Sales 0.95 0.74 0.91
Earnings yield (182.84%) (1.49%) 4.44%
Free cash flow yield (59.25%) 4.14% 0.00%

Profitability

Metric ASTL WS Steel median
Gross margin (47.42%) 10.37% 13.91%
Operating margin (86.59%) 0.12% 4.77%
Net margin (71.10%) (0.72%) 3.40%
Free cash flow margin (23.33%) 1.55% 0.00%
Return on equity (138.17%) (2.67%) 2.21%
Return on assets (43.83%) (0.93%) 1.83%
Return on invested capital (72.46%) 0.11% 2.52%

Growth

Metric ASTL WS Steel median
Revenue growth (TTM) (34.43%) 69.13% 15.09%
EPS growth (last fiscal year) (1,205.05%) (84.47%) (18.80%)
Revenue growth, 5-year CAGR (13.24%) — 6.73%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric ASTL WS Steel median
Debt to equity 3.12 1.35 0.25
Current ratio 2.49 1.81 2.58
Net debt to EBITDA (0.84) 2.15 0.10

Dividend

Metric ASTL WS Steel median
Dividend yield 0.00% 1.61% 1.30%
Payout ratio — 1.81 0.48

Size

Metric ASTL WS Steel median
Market cap 433.21m 2.01b 1.53b

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