Reviewing Algoma Central (AGMJF) and Its Peers

Valuation and Earnings

This table compares Algoma Central and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Algoma Central	N/A	N/A	15.94
Algoma Central Competitors	$3.66 billion	$334.44 million	14.82

Algoma Central’s competitors have higher revenue and earnings than Algoma Central. Algoma Central is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Algoma Central and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Algoma Central	N/A	N/A	N/A
Algoma Central Competitors	27.80%	11.50%	5.72%

Dividends

Algoma Central pays an annual dividend of $0.28 per share and has a dividend yield of 1.7%. Algoma Central pays out 27.5% of its earnings in the form of a dividend. As a group, “Marine Transportation” companies pay a dividend yield of 4.5% and pay out 26.8% of their earnings in the form of a dividend. Algoma Central lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Institutional and Insider Ownership

69.3% of Algoma Central shares are owned by institutional investors. Comparatively, 30.7% of shares of all “Marine Transportation” companies are owned by institutional investors. 29.0% of shares of all “Marine Transportation” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Algoma Central competitors beat Algoma Central on 7 of the 9 factors compared.

Algoma Central Company Profile

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada. The company operates through Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, and Investment Properties segments. The company operates dry-bulk carriers for industrial sectors, including producers in iron and steel, aggregate, cement and building materials, and salt producers as well as, agricultural product distributors. It also provides transportation services for liquid petroleum products throughout the Great Lakes, St. Lawrence Seaway, and Atlantic Canada regions. In addition, the company operates ocean self-unloading vessels; three global fleets, including fleet of specialized cement carriers, short sea mini bulkers, and hand-size bulkers; and provides specialized equipment or services on niche marine transportation markets. The company was formerly known as Algoma Central Railway and changed its name to Algoma Central Corporation in 1990. Algoma Central Corporation was incorporated in 1899 and is headquartered in Saint Catharines, Canada.