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Algoma Central TSX:ALC Stock Report

Last Price

CA$14.89

Market Cap

CA$581.4m

7D

-0.4%

1Y

-5.0%

Updated

19 Apr, 2024

Data

Company Financials +

Algoma Central Corporation

TSX:ALC Stock Report

Market Cap: CA$581.4m

ALC Stock Overview

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers activities in Canada.

ALC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends3/6

Algoma Central Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Algoma Central
Historical stock prices
Current Share PriceCA$14.89
52 Week HighCA$15.88
52 Week LowCA$14.14
Beta0.72
1 Month Change0.61%
3 Month Change-0.13%
1 Year Change-4.98%
3 Year Change-11.16%
5 Year Change12.12%
Change since IPO1,194.78%

Recent News & Updates

Algoma Central's (TSE:ALC) Dividend Will Be Increased To CA$0.19

Feb 13
Algoma Central's (TSE:ALC) Dividend Will Be Increased To CA$0.19

Recent updates

Algoma Central's (TSE:ALC) Dividend Will Be Increased To CA$0.19

Feb 13
Algoma Central's (TSE:ALC) Dividend Will Be Increased To CA$0.19

Algoma Central (TSE:ALC) Is Increasing Its Dividend To CA$0.19

Jan 19
Algoma Central (TSE:ALC) Is Increasing Its Dividend To CA$0.19

Algoma Central (TSE:ALC) Will Pay A Dividend Of CA$0.18

Nov 09
Algoma Central (TSE:ALC) Will Pay A Dividend Of CA$0.18

Algoma Central (TSE:ALC) Will Pay A Dividend Of CA$0.18

May 07
Algoma Central (TSE:ALC) Will Pay A Dividend Of CA$0.18

Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18

Jan 30
Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18

Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18

Jan 16
Algoma Central (TSE:ALC) Has Announced That It Will Be Increasing Its Dividend To CA$0.18

Algoma Central (TSE:ALC) Is Due To Pay A Dividend Of CA$0.17

Nov 11
Algoma Central (TSE:ALC) Is Due To Pay A Dividend Of CA$0.17

Algoma Central (TSE:ALC) Has Affirmed Its Dividend Of CA$0.17

Aug 11
Algoma Central (TSE:ALC) Has Affirmed Its Dividend Of CA$0.17

Algoma Central (TSE:ALC) Has A Pretty Healthy Balance Sheet

Jun 17
Algoma Central (TSE:ALC) Has A Pretty Healthy Balance Sheet

Algoma Central (TSE:ALC) Has Announced A Dividend Of CA$0.17

May 08
Algoma Central (TSE:ALC) Has Announced A Dividend Of CA$0.17

Algoma Central (TSE:ALC) Has A Somewhat Strained Balance Sheet

Jun 10
Algoma Central (TSE:ALC) Has A Somewhat Strained Balance Sheet

When Should You Buy Algoma Central Corporation (TSE:ALC)?

Apr 12
When Should You Buy Algoma Central Corporation (TSE:ALC)?

Algoma Central (TSE:ALC) Is Experiencing Growth In Returns On Capital

Mar 30
Algoma Central (TSE:ALC) Is Experiencing Growth In Returns On Capital

Does Algoma Central Corporation (TSE:ALC) Have A Place In Your Dividend Portfolio?

Mar 17
Does Algoma Central Corporation (TSE:ALC) Have A Place In Your Dividend Portfolio?

Is Algoma Central (TSE:ALC) A Risky Investment?

Mar 04
Is Algoma Central (TSE:ALC) A Risky Investment?

Algoma Central Corporation's (TSE:ALC) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Feb 19
Algoma Central Corporation's (TSE:ALC) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

It Might Not Be A Great Idea To Buy Algoma Central Corporation (TSE:ALC) For Its Next Dividend

Feb 06
It Might Not Be A Great Idea To Buy Algoma Central Corporation (TSE:ALC) For Its Next Dividend

Here's What Algoma Central Corporation's (TSE:ALC) Shareholder Ownership Structure Looks Like

Feb 04
Here's What Algoma Central Corporation's (TSE:ALC) Shareholder Ownership Structure Looks Like

Algoma Central (TSE:ALC) Long Term Shareholders are 25% In The Black

Jan 18
Algoma Central (TSE:ALC) Long Term Shareholders are 25% In The Black

Is Now An Opportune Moment To Examine Algoma Central Corporation (TSE:ALC)?

Jan 03
Is Now An Opportune Moment To Examine Algoma Central Corporation (TSE:ALC)?

Here's Why We're Wary Of Buying Algoma Central's (TSE:ALC) For Its Upcoming Dividend

Dec 19
Here's Why We're Wary Of Buying Algoma Central's (TSE:ALC) For Its Upcoming Dividend

Here's How We Evaluate Algoma Central Corporation's (TSE:ALC) Dividend

Dec 14
Here's How We Evaluate Algoma Central Corporation's (TSE:ALC) Dividend

Algoma Central (TSE:ALC) Takes On Some Risk With Its Use Of Debt

Nov 26
Algoma Central (TSE:ALC) Takes On Some Risk With Its Use Of Debt

Shareholder Returns

ALCCA ShippingCA Market
7D-0.4%-3.4%-1.9%
1Y-5.0%19.2%3.7%

Return vs Industry: ALC underperformed the Canadian Shipping industry which returned 19.2% over the past year.

Return vs Market: ALC underperformed the Canadian Market which returned 3.7% over the past year.

Price Volatility

Is ALC's price volatile compared to industry and market?
ALC volatility
ALC Average Weekly Movement1.6%
Shipping Industry Average Movement4.5%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: ALC has not had significant price volatility in the past 3 months.

Volatility Over Time: ALC's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18991,600Gregg Ruhlwww.algonet.com

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.

Algoma Central Corporation Fundamentals Summary

How do Algoma Central's earnings and revenue compare to its market cap?
ALC fundamental statistics
Market capCA$581.38m
Earnings (TTM)CA$82.87m
Revenue (TTM)CA$721.22m

7.1x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALC income statement (TTM)
RevenueCA$721.22m
Cost of RevenueCA$539.09m
Gross ProfitCA$182.13m
Other ExpensesCA$99.26m
EarningsCA$82.87m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)2.10
Gross Margin25.25%
Net Profit Margin11.49%
Debt/Equity Ratio48.4%

How did ALC perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

33%

Payout Ratio
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