Atrium Mortgage: Top 10 Undervalued Banks Industry Stocks (AI)
Atrium Mortgage is now ranked among the top 10 undervalued stocks in the Banks industry on the Toronto Stock Exchange or TSX Venture Exchange. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).
Banks: Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| AI-T | Atrium Mortgage | 11.34 | 11.86 | 0.52 (4.61) | 28,874 | 609.7 | 7.9 | 10.1 |
| FC-T | Firm Cap Mortgage Inv | 11.16 | 11.81 | 0.65 (5.82) | 17,943 | 473.8 | 8.4 | 11.8 |
| VBNK-T | VersaBank | 8.98 | 9.5 | 0.52 (5.81) | 6,861 | 242.7 | 1.1 | 9.6 |
| MKP-T | MCAN Financial | 16.45 | 16.95 | 0.5 (3.03) | 19,182 | 568.1 | 8.7 | 8.6 |
| DLCG-T | Dominion Lending Centres | 2.65 | 2.66 | 0.01 (0.22) | 5,783 | 128.1 | 4.8 | 3.3 |
| FDI-X | Findev | 0.46 | 0.56 | 0.11 (23.36) | 414 | 13 | 6.6 | 9.1 |
| ECN-T | ECN Capital | 2.91 | 2.97 | 0.06 (2.22) | 840,792 | 715.2 | 1.4 | 0 |
| TII-X | Terra Firma Cap | 5.51 | 6.55 | 1.04 (18.82) | 298 | 31 | 4.4 | 15.1 |
| LB-T | Laurentian Bank of Canada | 30.73 | 34.97 | 4.24 (13.81) | 145,645 | 1,332.4 | 5.9 | 6.3 |
| TF-T | Timbercreek Financial | 7.43 | 8.17 | 0.74 (9.92) | 106,550 | 718.5 | 9.3 | 10.3 |
More about Atrium Mortgage
All data provided as-at market close May 22, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Atrium Mortgage Atrium Mortgage Investment Corp is a non-banking finance company providing residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium Mortgage is listed under AI on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus
Artificial intelligence at Report on Business
Artificial Intelligence at Report on Business Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
