ALGOMA CENTRAL chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 16.46
Dividend & Yield0.68C$ (4.07%)
Beta 0.98
Market capitalization 629.45M
Operating cash flow 149.18M
ESG Scores unknown

Company description

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. The company also owns eight ocean-going self-unloading vessels that carry coal for power generation, crushed aggregates for construction, gypsum for wallboard manufacturing, iron ore for the steel industry, and salt for winter road safety. In addition, it provides management services to third parties, as well as owns a shopping center. It serves iron and steel, aggregate, cement and building material, and salt producers; agricultural product distributors; and oil refiners, wholesale distributors, and large consumers of petroleum products. 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 St. Catharines, Canada.

Sector: Industrials - Industry: Marine Shipping

Financial Ratios
Quick Ratio2.11
Working Capital0.77
Return On Equity0.13
Debt To Equity0.61
Fixed Asset Ratio0.01
Fixed Interest Cover4.88

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -2.59M 11.03M 6.89M 11.24M
Total Cashflows From Investing Activities -46.68M -153.37M -88.06M -16.23M
Net Borrowings -47.12M 81.68M 65.23M -143k
Total Cash From Financing Activities -81.43M 11.7M 17.19M -141.02M
Change To Operating Activities -8.77M -3.88M 3.08M -2.67M
Issuance Of Stock
Net Income 50.94M 24.16M 45.85M 82.17M
Change In Cash -43.32M -6.67M 85.05M 5.03M
Effect Of Exchange Rate 1.44M -2.77M -1.15M -108k
Total Cash From Operating Activities 83.35M 137.76M 157.06M 162.38M
Depreciation 55.71M 70.02M 75.15M 67.85M
Change To Account Receivables -8.39M 5.1M 2.77M 7.68M
Other Cashflows From Financing Activities -17.77M -18.58M -29.33M -18.13M
Change To Netincome -5.69M 32.62M 21.91M -351k
Capital Expenditures -68.1M -209.15M -75.19M -31.88M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 59.49M 29.27M 55.35M 93.98M
Net Income 50.94M 24.16M 45.85M 82.17M
Selling General Administrative 30.41M 32.09M 30.64M 33.99M
Gross Profit 132.07M 159.67M 178.97M 195.91M
Ebit 45.94M 57.56M 73.17M 94.06M
Operating Income 45.94M 57.56M 73.17M 94.06M
Interest Expense -25.18M -19.05M -18.82M -19.29M
Income Tax Expense 8.55M 5.11M 9.5M 11.81M
Total Revenue 508.2M 567.91M 545.66M 598.87M
Cost Of Revenue 376.13M 408.24M 366.69M 402.97M
Total Other Income ExpenseNet 13.55M -28.29M -17.82M -77k
Net Income From Continuing Ops 50.94M 24.16M 45.85M 82.17M
Net Income Applicable To Common Shares 50.94M 24.16M 45.85M 82.17M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 409.34M 486.96M 662.48M 559.8M
Total Stockholder Equity 702.55M 660.42M 560.62M 640.28M
Other Current Liabilities 14.15M 10.49M 106.61M 5.52M
Total Assets 1.11B 1.15B 1.22B 1.2B
Common Stock 8.24M 8.12M 8.11M 8.11M
Other Current Assets 1.57M 9k 246k
Retained Earnings 694.01M 674.76M 581.96M 660.2M
Treasury Stock -8.54M -23.64M -30.48M -29.01M
Cash 25.54M 18.86M 103.91M 108.94M
Total Current Liabilities 73.61M 156.84M 179.32M 84.51M
Other Stockholder Equity -8.54M -23.64M -30.48M -29.01M
Property, Plant, and Equipment 668.42M 840.03M 841.95M 819.56M
Total Current Assets 199.99M 114.43M 188.78M 190.57M
Net Tangible Assets 686.9M 649.23M 552.71M 632.37M
Net Receivables 160.29M 75.56M 69.72M 60.61M
Accounts Payable 53.09M 60.67M 70.92M 77.22M


Insider Transactions

Here are the insider transactions of stock shares related to ALGOMA CENTRAL:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Hutcheson (Edward McVicar Blake)Acquisition or disposition under a purchase/ownership plan at price 11.96 per share.D2021-12-31Director of Issuer2.22k
Lazarz (Christopher)Acquisition or disposition under a purchase/ownership plan at price 11.99 per share.D2021-12-31Senior Officer of Issuer548
Stevenson (Eric Arthur)Acquisition or disposition under a purchase/ownership plan at price 11.96 per share.D2021-12-31Director or Senior Officer of Insider or Subsidiary of Issuer (other than in 4,5,6)1.11k
Winkley, Peter DAcquisition or disposition under a purchase/ownership plan at price 11.67 per share.D2021-12-31Senior Officer of Issuer2.19k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ALGOMA CENTRAL. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ALGOMA CENTRAL

Here is the result of two systematic investment strategies applied to ALGOMA CENTRAL. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ALGOMA CENTRAL

The following chart shows the equity curve of the two systematic investment strategies applied to ALGOMA CENTRAL:

ALGOMA CENTRAL automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 19.8% on the backtest period.

Performance at glance

Performance

19.8 %

Latent gain

344.31 C$

Invested capital

1739.04 C$

Annualized return

4.76 %
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Momentum strategy results on ALGOMA CENTRAL

This is the result of two momentum investment strategies applied to ALGOMA CENTRAL. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ALGOMA CENTRAL

The following chart shows all the entries opened by the momentum investment system on ALGOMA CENTRAL:

ALGOMA CENTRAL momentum entries
  • The first momentum investment strategy would give 18.66% of return on ALGOMA CENTRAL. That represents 1165.81C$ of latent gain with 6247.04C$ of employed capital.
  • The second momentum investment strategy would give 20.48% of return on ALGOMA CENTRAL. That represents 922.4C$ of latent gain with 4504.0C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

18.66 %

Latent gain

1165.81 C$

Invested capital

6247.04 C$

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

20.48 %

Latent gain

922.4 C$

Invested capital

4504.0 C$

Annualized return

5.57 %

Momentum equity curve on ALGOMA CENTRAL

The following chart shows the equity curve of the two momentum strategies applied to ALGOMA CENTRAL:

ALGOMA CENTRAL momentum equity

Note: the dividends potentially given by ALGOMA CENTRAL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ALGOMA CENTRAL

The following chart shows the employed capital evolution of the two momentum strategies on ALGOMA CENTRAL since the beginning:

ALGOMA CENTRAL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on ALGOMA CENTRAL

Buy the dip entry openings on ALGOMA CENTRAL

ALGOMA CENTRAL

The performance achieved by the robo-advisor on ALGOMA CENTRAL is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows ALGOMA CENTRAL stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ALGOMA CENTRAL, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

0.0 %

Equity curve of the strategy applied to ALGOMA CENTRAL

The following chart shows the result of the investment strategy applied to ALGOMA CENTRAL:

ALGOMA CENTRAL

Note: the dividends potentially given by ALGOMA CENTRAL are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ALGOMA CENTRAL

The following chart shows the employed capital evolution since the beginning of the investment strategy on ALGOMA CENTRAL:

ALGOMA CENTRAL

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ALGOMA CENTRAL

In this section, I will compare the three previous investment strategies applied to ALGOMA CENTRAL.

Equity curve comparison on ALGOMA CENTRAL

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ALGOMA CENTRAL investment strategy comparison

Employed capital comparison on ALGOMA CENTRAL

ALGOMA CENTRAL investment comparison

Performance comparison on ALGOMA CENTRAL

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 19.8% 344.31C$ 1739.04C$ 4.76%
Momentum 1 quarter 18.66% 1165.81C$ 6247.04C$ 4.76%
Momentum 2 quarters 20.48% 922.4C$ 4504.0C$ 5.57%
Non-directional 0% 0.0C$ 0.0C$ 0.0%
Annualized return comparison

Automatic investment

4.76 %

Momentum 1Q

5.57 %

Momentum 2Q

5.57 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ALGOMA CENTRAL:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

  • TERMBRAY IND

  • Note: The algorithm computes the probability of correlation between ALGOMA CENTRAL and the other stocks. There may be false positives or some missing correlated stocks. If the price of ALGOMA CENTRAL does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name ALGOMA CENTRAL
    Country Canada
    City Saint Catharines
    Address 63 Church Street
    Phone 905-687-7888
    Website www.algonet.com
    FullTime employees 1600
    Industry Marine Shipping
    Sector Industrials
    Exchange XTSE
    Ticker ALC.XTSE
    Market

    ALGOMA CENTRAL ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown