Cematrix: Top 10 Undervalued Building Materials Industry Stocks (CVX)
Cematrix is now ranked among the top 10 undervalued stocks in the Building Materials 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)
Building Materials: Companies that manufacture construction materials, including stone, clay, and brick products, cement, lime, gypsum, and concrete and other construction products. Excludes companies that manufacture finished and semi finished building products.
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 |
|---|---|---|---|---|---|---|---|---|
| TBL | Taiga Building Prods | 2.95 | 3.41 | 0.46 (15.6%) | 8275 | 318.5 | 0.0 | 5.2 |
| CVX | Cematrix | 0.33 | 0.34 | 0.01 (2.6%) | 139900 | 44.3 | 0.0 | 0.0 |
All data provided as of February 25, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Cematrix
Cematrix Corp manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. This unique cement-based material with superior thermal protection delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial (including oil and gas), and commercial markets.
Cematrix is listed under CVX on the TSX Venture 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.
