Analyzing Olympic Steel (NASDAQ:ZEUS) and Atlas Lithium (NASDAQ:ATLX)

Atlas Lithium (NASDAQ:ATLXGet Free Report) and Olympic Steel (NASDAQ:ZEUSGet Free Report) are both small-cap materials companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, earnings, dividends, profitability, risk, valuation and analyst recommendations.

Valuation & Earnings

This table compares Atlas Lithium and Olympic Steel”s top-line revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Atlas Lithium $109,897.00 882.88 -$28.11 million ($1.56) -2.11
Olympic Steel $1.90 billion 0.28 $22.98 million $1.17 40.91

Olympic Steel has higher revenue and earnings than Atlas Lithium. Atlas Lithium is trading at a lower price-to-earnings ratio than Olympic Steel, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

18.4% of Atlas Lithium shares are owned by institutional investors. Comparatively, 87.1% of Olympic Steel shares are owned by institutional investors. 22.8% of Atlas Lithium shares are owned by insiders. Comparatively, 13.8% of Olympic Steel shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current recommendations for Atlas Lithium and Olympic Steel, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atlas Lithium 1 1 1 0 2.00
Olympic Steel 0 1 0 0 2.00

Atlas Lithium currently has a consensus target price of $12.50, suggesting a potential upside of 279.94%. Given Atlas Lithium’s higher possible upside, research analysts plainly believe Atlas Lithium is more favorable than Olympic Steel.

Profitability

This table compares Atlas Lithium and Olympic Steel’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Atlas Lithium N/A -76.72% -44.33%
Olympic Steel 0.73% 2.11% 1.14%

Risk & Volatility

Atlas Lithium has a beta of 0.05, suggesting that its share price is 95% less volatile than the S&P 500. Comparatively, Olympic Steel has a beta of 1.75, suggesting that its share price is 75% more volatile than the S&P 500.

Summary

Olympic Steel beats Atlas Lithium on 9 of the 13 factors compared between the two stocks.

About Atlas Lithium

(Get Free Report)

Atlas Lithium Corporation operates as a mineral exploration and development company in Brazil. It operates the Minas Gerais lithium project that consists of 54 mineral rights covering an area of 59,275 acres located within the Brazilian Eastern Pegmatitic Province; and Northeastern Brazil lithium project, which consists of 7 mineral rights covering an area of 16,266 acres in the States of ParaĆ­ba and Rio Grande do Norte in northeastern Brazil. The company also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and early-stage projects and properties in other minerals, such as nickel, copper, rare earths, graphite, and titanium; as well as participates in iron and quartzite projects. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation was founded in 2011 and is based in Belo Horizonte, Brazil.

About Olympic Steel

(Get Free Report)

Olympic Steel, Inc. processes, distributes, and stores metal products primarily in the United States, Canada, and Mexico. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The company offers stainless steel and aluminum coil and sheet products, angles, rounds, and flat bars; alloy, heat treated, and abrasion resistant coils, sheets and plates; coated metals, including galvanized, galvannealed, electro galvanized, advanced high strength steels, aluminized, and automotive grades of steel; commercial quality, advanced high strength steel, drawing steel, and automotive grades cold rolled steel coil and sheet products; hot rolled carbon comprising hot rolled coil, pickled and oiled sheet and plate steel products, automotive grades, advanced high strength steels, and high strength low alloys; tube, pipe, and bar products, including round, square, and rectangular mechanical and structural tubing; hydraulic and stainless tubing; boiler tubing; carbon, stainless, and aluminum pipes; valves and fittings; and tin mill products, such as electrolytic tinplate, electrolytic chromium coated steel, and black plates. The company also provides cutting-to-length, slitting, shearing, blanking, tempering, stretcher-leveling, plate and laser processing, forming and machining, tube processing, finishing, and fabrication services, as well as value-added services, such as saw cutting, laser cutting, beveling, threading, and grooving services. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, agriculture equipment, storage tanks, environmental and energy generation equipment, automobiles, food service, and electrical equipment, as well as general and plate fabricators, and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is based in Highland Hills, Ohio.

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