ALB : Allbanc Split Corp. II Stock Profile

Last Updated: 3/12/2024 0:47:16

Allbanc Split Corp. II trades with the ticker ALB on the TSX and is in the Specialty Chemicals industry.

Overview
Allbanc Split Corp. II is an equity mutual fund launched and managed by Scotiabank Global Banking and Markets. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating in the banking sector. The fund primarily invests in stocks of the Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, The Bank of Nova Scotia, Royal Bank of Canada, and The Toronto-Dominion Bank. It benchmarks the performance of its portfolio against the S&P/TSX 60 Index. Allbanc Split Corp. II was formed on December 7, 2005 and is domiciled in Canada.
 

Looking to invest in Allbanc Split Corp. II? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ALB.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $28.105MM

PE Ratio:

Price: 124.75 (Updated: 3/12/2024 0:47:16)



Allbanc Split Corp. II (ALB) vs Competitors in Specialty Chemicals

Lets see how ALB.TO stacks up against others in the Specialty Chemicals asset management industry. We have identified its main peers as:

AirBoss of America Corp, EcoSynthetix Inc, Neo Performance Materials Inc, 5N Plus Inc

.

Specialty Chemicals Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Allbanc Split Corp. II (ALB) $28.105 N/A 0.0 2.3%
AirBoss of America Corp (BOS) $141.079 N/A -24.944 5.4%
EcoSynthetix Inc (ECO) $280.148 N/A -72.916 N/A%
Neo Performance Materials Inc (NEO) $294.853 N/A 8.586 5.8%
5N Plus Inc (VNP) $406.268 19.913 12.447 N/A%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Specialty Chemicals

  • Allbanc Split Corp. II (ALB) vs AirBoss of America Corp (BOS)
    • BOS has higher EPS (-2.07 vs -3.077). BOS has higher dividend yield (5.4% vs 2.3%). BOS and ALB both have P/E’s under 0.
  • Allbanc Split Corp. II (ALB) vs EcoSynthetix Inc (ECO)
    • ECO has higher EPS (-0.07 vs -3.077). ALB provides dividends, while ECO does not. ECO and ALB both have P/E’s under 0.
  • Allbanc Split Corp. II (ALB) vs Neo Performance Materials Inc (NEO)
    • NEO has higher EPS (-0.47 vs -3.077). NEO has higher dividend yield (5.8% vs 2.3%). NEO and ALB both have P/E’s under 0.
  • Allbanc Split Corp. II (ALB) vs 5N Plus Inc (VNP)
    • VNP has higher EPS (0.23 vs -3.077). ALB provides dividends, while VNP does not. ALB has a P/E under 0, indicating VNP (P/E 19.913) is in a better position.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy ALB stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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