Emera: Top 10 Undervalued Large Cap Stocks on TSX (EMA)
Emera is now ranked among the top 10 large cap stocks 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)
- Large caps total market capitalization (10-200B)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| OTEX | Open Text | 45.03 | 72.37 | 27.34 (60.7%) | 400408 | 12178.4 | 2.9 | 58.3 |
| SAP | Saputo | 27.17 | 37.00 | 9.83 (36.2%) | 342639 | 11474.2 | 2.7 | 18.4 |
| RBA | RB Global | 86.34 | 115.03 | 28.69 (33.2%) | 184031 | 15783.8 | 1.7 | 57.9 |
| NTR | Nutrien | 76.96 | 99.33 | 22.37 (29.1%) | 1017625 | 38166.9 | 3.6 | 7.7 |
| EMA | Emera | 45.93 | 58.60 | 12.67 (27.6%) | 1728490 | 12520.5 | 6.0 | 10.0 |
| BNS | Bank of Nova Scotia | 55.41 | 67.68 | 12.27 (22.1%) | 3787057 | 67267.7 | 7.5 | 8.7 |
| PPL | Pembina Pipeline | 42.21 | 51.10 | 8.89 (21.1%) | 1944454 | 23257.7 | 5.7 | 8.7 |
| CM | Canadian Imperial Bank | 48.15 | 56.52 | 8.37 (17.4%) | 2573616 | 44252.9 | 7.1 | 9.8 |
| ABX | Barrick Gold | 22.67 | 26.55 | 3.88 (17.1%) | 2976210 | 39785.8 | 2.7 | 0.0 |
| SU | Suncor Energy | 45.06 | 51.41 | 6.35 (14.1%) | 4625323 | 59028.6 | 4.6 | 9.7 |
All data provided as of October 28, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Emera
Emera is a geographically diverse energy and services company investing in electricity generation, transmission, and distribution as well as gas transmission and utility energy services. Emera has operations throughout North America and the Caribbean countries.
Emera is listed under EMA 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.
