Algoma Central Corporation (TSX:ALC) Stock Price & Quote Analysis

ALC Stock Overview

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St.

ALC fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	4/6
Financial Health	4/6
Dividends	4/6

Rewards

Trading at 21.3% below our estimate of its fair value

Earnings have grown 25.9% per year over the past 5 years

Risk Analysis

Unstable dividend track record

My Notes

New

Notes are coming soon

Algoma Central Corporation Competitors

Logistec

TSX:LGT.B

CA$519.3m

Mullen Group

TSX:MTL

CA$1.3b

Westshore Terminals Investment

TSX:WTE

CA$1.6b

Exchange Income

TSX:EIF

CA$2.3b

Price History & Performance

Summary of all time highs, changes and price drops for Algoma Central
Historical stock prices
Current Share Price	CA$16.47
52 Week High	CA$18.90
52 Week Low	CA$14.81
Beta	0.87
1 Month Change	-10.63%
3 Month Change	-1.08%
1 Year Change	-3.46%
3 Year Change	28.37%
5 Year Change	10.31%
Change since IPO	1,035.86%

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

Jan 16

Recent updates

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

Jan 16

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

Mar 17

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

Mar 04

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

Feb 19

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

Feb 06

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

Feb 04

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

Jan 18

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

Jan 03

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

Dec 19

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

Dec 14

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

Nov 26

The Returns At Algoma Central (TSE:ALC) Provide Us With Signs Of What's To Come

Jul 30

Would Shareholders Who Purchased Algoma Central's(TSE:ALC) Stock Five Years Be Happy With The Share price Today?

Jul 15

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

Jun 30

Shareholder Returns

	ALC	CA Shipping	CA Market
7D	-0.9%	1.8%	0.6%
1Y	-3.5%	-28.6%	-0.6%

Return vs Industry: ALC exceeded the Canadian Shipping industry which returned -30.2% over the past year.

Return vs Market: ALC underperformed the Canadian Market which returned -0.6% over the past year.

Price Volatility

Is ALC's price volatile compared to industry and market?
ALC volatility
ALC Average Weekly Movement	4.4%
Shipping Industry Average Movement	6.8%
Market Average Movement	9.9%
10% most volatile stocks in CA Market	19.2%
10% least volatile stocks in CA Market	3.9%

Stable Share Price: ALC is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ALC's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1899	1,600	Gregg Ruhl	https://www.algonet.com

Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway in Canada. The company operates in six segments: Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Global Short Sea Shipping, Investment Properties, and Corporate. It operates self-unloading bulk carriers; and owns and manages tankers for the transportation of liquid petroleum products throughout the Great Lakes, the St. Lawrence waterway, and the Atlantic Canada regions.

Algoma Central Corporation Fundamentals Summary

How do Algoma Central's earnings and revenue compare to its market cap?
ALC fundamental statistics
Market Cap	CA$622.65m
Earnings (TTM)	CA$102.30m
Revenue (TTM)	CA$646.75m

6.1x

P/E Ratio

1.0x

P/S Ratio

Is ALC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALC income statement (TTM)
Revenue	CA$646.75m
Cost of Revenue	CA$459.53m
Gross Profit	CA$187.22m
Other Expenses	CA$84.92m
Earnings	CA$102.30m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.71
Gross Margin	28.95%
Net Profit Margin	15.82%
Debt/Equity Ratio	56.4%

How did ALC perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

25%

Payout Ratio

Does ALC pay a reliable dividends?

See ALC dividend history and benchmarks

When do you need to buy ALC by to receive an upcoming dividend?
Algoma Central dividend dates
Ex Dividend Date	Feb 14 2023
Dividend Pay Date	Mar 01 2023
Days until Ex dividend	17 days
Days until Dividend pay date	32 days

Does ALC pay a reliable dividends?

See ALC dividend history and benchmarks

ALC Stock Overview

Rewards

Risk Analysis

Algoma Central Corporation Competitors

TSX:LGT.B

CA$519.3m

TSX:MTL

CA$1.3b

TSX:WTE

CA$1.6b

TSX:EIF

CA$2.3b

Price History & Performance

Recent News & Updates

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

Algoma Central Corporation Increases Quarterly Dividend, Payable on March 1, 2023

Now 21% undervalued

Upcoming dividend of CA$1.35 per share

Algoma Central Corporation Announces Special Dividend, Payable on January 18, 2023

Price target increased to CA$24.17

Recent updates

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

Algoma Central Corporation Increases Quarterly Dividend, Payable on March 1, 2023

Now 21% undervalued

Upcoming dividend of CA$1.35 per share

Algoma Central Corporation Announces Special Dividend, Payable on January 18, 2023

Price target increased to CA$24.17

Insufficient new directors

Price target increased to CA$24.17

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

Third quarter 2022 earnings released: EPS: CA$1.13 (vs CA$1.06 in 3Q 2021)

Algoma Central Corporation Announces Resignation of Paul Gurtler from Board of Director

Algoma Central Corporation to Report Q3, 2022 Results on Nov 07, 2022

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

Second quarter 2022 earnings released: EPS: CA$1.24 (vs CA$0.85 in 2Q 2021)

Algoma Central Corporation Announces Quarterly Dividend, Payable on September 1, 2022

Algoma Central Corporation to Report Q2, 2022 Results on Aug 05, 2022

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

Upcoming dividend of CA$0.17 per share

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

First quarter 2022 earnings released: CA$0.52 loss per share (vs CA$0.59 loss in 1Q 2021)

Algoma Central Corporation Announces Quarterly Dividend, Payable on June 1, 2022

Price target increased to CA$22.83

Insufficient new directors

Price target increased to CA$22.83

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Algoma Central Corporation Announces Quarterly Dividend, Payable on March 1, 2022

Algoma Central Corporation, Annual General Meeting, May 04, 2022

Algoma Central Corporation to Report Fiscal Year 2021 Results on Feb 28, 2022

Upcoming dividend of CA$0.17 per share

Upcoming dividend of CA$0.17 per share

Third quarter 2021 earnings released: EPS CA$1.06 (vs CA$0.59 in 3Q 2020)

Second quarter 2021 earnings released: EPS CA$0.85 (vs CA$0.47 in 2Q 2020)

Price target increased to CA$19.75

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

Upcoming dividend of CA$0.17 per share

Algoma Central Corporation Announces Quarterly Dividend, Payable on June 1, 2021

First quarter 2021 earnings released: CA$0.59 loss per share (vs CA$0.63 loss in 1Q 2020)

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

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

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

Price target raised to CA$18.13

New 90-day high: CA$16.35

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

Price target raised to CA$17.70

Full year 2020 earnings released: EPS CA$1.21 (vs CA$0.63 in FY 2019)

Revenue and earnings beat expectations

Algoma Central Corporation, Annual General Meeting, May 05, 2021

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

Algoma Central Corporation to Report Fiscal Year 2020 Results on Feb 26, 2021

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

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

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

Investor sentiment improved over the past week

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

New 90-day high: CA$14.00

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

New 90-day high: CA$12.65