Cogeco: Top 10 Undervalued Communication Services Sector Stocks on TSX (CGO)
Cogeco is now ranked among the top 10 undervalued stocks in the Communication Services sector on the Toronto Stock 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)
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 |
|---|---|---|---|---|---|---|---|---|
| CJR-B | Corus Entertainment | 0.60 | 1.55 | 0.95 (157.7%) | 695260 | 119.7 | 20.7 | 0.0 |
| EAGR | East Side Games Grp | 0.39 | 0.92 | 0.54 (139.0%) | 17243 | 31.4 | 0.0 | 2.4 |
| VRTS | Vertiqal Studios | 0.03 | 0.06 | 0.03 (100.3%) | 115970 | 16.8 | 0.0 | 0.0 |
| BRMI | Boat Rocker Media | 1.35 | 2.36 | 1.01 (74.8%) | 1368 | 76.1 | 0.0 | 0.0 |
| GVC | Glacier Media | 0.11 | 0.18 | 0.07 (64.2%) | 62922 | 14.4 | 0.0 | 0.0 |
| RAY-A | Stingray Group | 5.36 | 7.92 | 2.56 (47.7%) | 22229 | 371.7 | 5.6 | 9.1 |
| CGO | Cogeco | 52.12 | 72.50 | 20.38 (39.1%) | 29693 | 816.7 | 5.8 | 11.6 |
| CGX | Cineplex | 8.13 | 10.29 | 2.16 (26.6%) | 364619 | 750.5 | 0.0 | 3.5 |
| FORA | VerticalScope Holdings | 4.99 | 6.26 | 1.27 (25.4%) | 19288 | 106.6 | 0.0 | 0.0 |
| RAY-B | Stingray Group | 5.20 | 6.36 | 1.16 (22.4%) | 332 | 360.6 | 5.7 | 9.0 |
All data provided as of December 12, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Cogeco
Cogeco Inc is a telecommunications company. The company has operating segments, namely Canadian broadband services, American broadband services and Others. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas.
Cogeco is listed under CGO 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)
- Analyst Consensus
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.
