Canada Jetlines (OTCMKTS:JETMF) and Sociedad Quimica y Minera de Chile (NYSE:SQM) are both transportation companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, valuation, risk and profitability.
Insider and Institutional Ownership
10.6% of Sociedad Quimica y Minera de Chile shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Canada Jetlines and Sociedad Quimica y Minera de Chile’s gross revenue, earnings per share and valuation.
Sociedad Quimica y Minera de Chile has higher revenue and earnings than Canada Jetlines.
Volatility and Risk
Canada Jetlines has a beta of 0.98, suggesting that its share price is 2% less volatile than the S&P 500. Comparatively, Sociedad Quimica y Minera de Chile has a beta of 1.23, suggesting that its share price is 23% more volatile than the S&P 500.
Sociedad Quimica y Minera de Chile pays an annual dividend of $0.80 per share and has a dividend yield of 1.9%. Canada Jetlines does not pay a dividend. Sociedad Quimica y Minera de Chile pays out 49.1% of its earnings in the form of a dividend.
This is a breakdown of recent ratings and target prices for Canada Jetlines and Sociedad Quimica y Minera de Chile, as reported by MarketBeat.com.
Sociedad Quimica y Minera de Chile has a consensus price target of $51.60, indicating a potential upside of 24.19%. Given Sociedad Quimica y Minera de Chile’s higher possible upside, analysts clearly believe Sociedad Quimica y Minera de Chile is more favorable than Canada Jetlines.
This table compares Canada Jetlines and Sociedad Quimica y Minera de Chile’s net margins, return on equity and return on assets.
Sociedad Quimica y Minera de Chile beats Canada Jetlines on 9 of the 10 factors compared between the two stocks.
About Canada Jetlines
Canada Jetlines Ltd. operates as an ultra-low cost carrier scheduled airline. The company plans to operate flights across Canada; and provide non-stop services from Canada to the United States, Mexico, and the Caribbean. It also provides services to passengers, such as in-flight food and baggage. The company is headquartered in Vancouver, Canada.
About Sociedad Quimica y Minera de Chile
Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, industrial chemicals, potassium, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty mixes, and other specialty fertilizers for crops, such as vegetables, fruits, and flowers under the Ultrasol, Qrop, Speedfol, and Allganic brands. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, pharmaceutical synthesis, electronics, pigments, and dye components under the QIodine brand. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. The company's lithium products are marketed under the QLithiumCarbonate, QLithiumHydroxide, and QLubelith brands. Additionally, it offers potassium chloride and potassium sulfate for various crops; and industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts under the QSodiumNitrate, QPotassiumNitrate, and QPotassiumChloride brands. The company sells its products through sales offices and a network of distributors in Chile, Latin America, the Caribbean, Europe, North America, Asia, Central and South America, and internationally. Sociedad Química y Minera de Chile S.A. was founded in 1968 and is headquartered in Santiago, Chile.