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Alternative stocks to Mount Gibson Iron (ASX:MGX)


These are the alternatives to Mount Gibson Iron that fall within the same industry, Steel, or region, Australia.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See Mount Gibson Iron Performance

Mount Gibson Iron stock research in summary

mtgibsoniron.com.au


Mount Gibson Iron shares are less expensive than other comparable stocks. They are good value and are safely financed, but show below average growth. We recommend evaluating whether the future of the company Mount Gibson Iron is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


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Country Australia
Industry Steel
Index
Size class X-Small

Large companies - similar industry as Mount Gibson Iron

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Kobe Steel (XXL, JP)  Steel
1. Kobe Steel (XXL, JP)   Steel 86 79 71 100
2. Nippon Steel (XXL, JP)  Steel
2. Nippon Steel (XXL, JP)   Steel 96 61 64 98
3. JFE (XXL, JP)  Steel
3. JFE (XXL, JP)   Steel 96 71 45 85
4. Dongkuk Steel Mill (XL, KR)  Steel
4. Dongkuk Steel Mill (XL, KR)   Steel 100 33 79 81
5. Bluescope Steel (XXL, AU)  Steel
5. Bluescope Steel (XXL, AU)   Steel 74 37 90 76
6. Daido Steel (XL, JP)  Steel
6. Daido Steel (XL, JP)   Steel 78 23 86 65
7. Posco (XXL, KR)  Steel
7. Posco (XXL, KR)   Steel 51 65 63 61
8. Ta Chen Stainless Pipe (XL, TW)  Steel
8. Ta Chen Stainless Pipe (XL, TW)   Steel 46 79 36 42
9. Hyundai Steel (XXL, KR)  Steel
9. Hyundai Steel (XXL, KR)   Steel 86 13 42 37
10. Fortescue (XXL, AU)  Steel
10. Fortescue (XXL, AU)   Steel 45 43 45 34

May 16, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Mount Gibson Iron

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. AGL (XL, AU)  Multi-Utilities
1. AGL (XL, AU)   Multi-Utilities 81 45 80 94
2. Metcash (XL, AU)  Food Distributors
2. Metcash (XL, AU)   Food Distributors 94 71 48 92
3. Whitehaven Coal (XL, AU)  Coal & Consumable Fuels
3. Whitehaven Coal (XL, AU)   Coal & Consumable Fuels 81 43 92 91
4. Downer EDI (XL, AU)  Diversified Support Services
4. Downer EDI (XL, AU)   Diversified Support Services 99 93 16 86
5. Suncorp (XL, AU)  Property & Casualty Insurance
5. Suncorp (XL, AU)   Property & Casualty Insurance 37 66 36 82
6. GrainCorp (XL, AU)  Food Distributors
6. GrainCorp (XL, AU)   Food Distributors 55 47 86 77
7. IAG (XL, AU)  Property & Casualty Insurance
7. IAG (XL, AU)   Property & Casualty Insurance 51 95 90 76
8. Bluescope Steel (XXL, AU)  Steel
8. Bluescope Steel (XXL, AU)   Steel 74 37 90 76
9. LendLease (XL, AU)  Real Estate: Diversified Operations
9. LendLease (XL, AU)   Real Estate: Diversified Operations 88 67 12 67
10. Medibank Private (XL, AU)  Life & Health Insurance
10. Medibank Private (XL, AU)   Life & Health Insurance 49 35 54 66

May 16, 2024


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Mid sized companies - similar industry as Mount Gibson Iron

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Champion Iron (L, AU)  Steel
1. Champion Iron (L, AU)   Steel 70 89 60 94
2. Yamato Kogyo (L, JP)  Steel
2. Yamato Kogyo (L, JP)   Steel 61 53 98 83
3. Evergreen Steel (M, TW)  Steel
3. Evergreen Steel (M, TW)   Steel 22 97 71 72
4. Feng Hsin Steel (L, TW)  Steel
4. Feng Hsin Steel (L, TW)   Steel 33 81 75 67
5. Chun Yuan Steel Industry (L, TW)  Steel
5. Chun Yuan Steel Industry (L, TW)   Steel 75 61 51 62
6. Coronado Global Resources (L, AU)  Steel
6. Coronado Global Resources (L, AU)   Steel 88 13 68 59
7. Maruichi Steel Tube (L, JP)  Steel
7. Maruichi Steel Tube (L, JP)   Steel 49 15 100 48
8. Hsin Kuang Steel (M, TW)  Steel
8. Hsin Kuang Steel (M, TW)   Steel 60 85 14 37
9. Tung Ho Steel (L, TW)  Steel
9. Tung Ho Steel (L, TW)   Steel 54 45 25 26
10. Chung Hung Steeloration (L, TW)  Steel
10. Chung Hung Steeloration (L, TW)   Steel 20 87 12 26

May 16, 2024


Mid sized companies - similar region as Mount Gibson Iron

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Westgold Resources (M, AU)  Gold Production
1. Westgold Resources (M, AU)   Gold Production 70 93 65 100
2. Perpetual (M, AU)  Asset Management & Custody
2. Perpetual (M, AU)   Asset Management & Custody 79 38 82 96
3. Champion Iron (L, AU)  Steel
3. Champion Iron (L, AU)   Steel 70 89 60 94
4. Austal (L, AU)  Aerospace & Defense
4. Austal (L, AU)   Aerospace & Defense 67 99 46 94
5. West African Resources (M, AU)  Gold Production
5. West African Resources (M, AU)   Gold Production 49 77 90 91
6. Ramelius Resources (M, AU)  Gold Production
6. Ramelius Resources (M, AU)   Gold Production 36 89 84 85
7. Beach (L, AU)  Oil & Gas Production
7. Beach (L, AU)   Oil & Gas Production 84 49 82 83
8. Goodman (L, AU)  REITs: Industrials
8. Goodman (L, AU)   REITs: Industrials 5 97 75 83
9. Perseus (M, AU)  Gold Production
9. Perseus (M, AU)   Gold Production 36 77 96 82
10. Steadfast Group (M, AU)  Insurance Brokers
10. Steadfast Group (M, AU)   Insurance Brokers 8 88 72 81

May 16, 2024



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