FirstService is now ranked among the top 25 undervalued stocks included in the S&P/TSX Composite Index.
- 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 market cap category are held primarily for capital appreciation and/or dividends.
Inclusion in a major index means a company ranks among the largest in their market. This also implies stability by-way of institutional support for the stock by index funds.
Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
---|
NTR | Nutrien | 70.84 | 103.72 | 32.88 (46.4%) | 1026110 | 35207.1 | 4.0 | 20.6 |
AQN | Algonquin Power | 7.93 | 10.63 | 2.70 (34.0%) | 4598591 | 5459.2 | 7.3 | 0.0 |
CAE | CAE | 25.34 | 31.76 | 6.42 (25.3%) | 885695 | 8421.8 | 0.0 | 29.8 |
BIP-UN | Brookfield Infr Partners | 38.66 | 46.44 | 7.78 (20.1%) | 464845 | 17760.4 | 5.3 | 207.3 |
K | Kinross Gold | 6.64 | 7.72 | 1.08 (16.3%) | 2589130 | 8211.5 | 2.4 | 14.9 |
FTS | Fortis | 52.33 | 58.56 | 6.23 (11.9%) | 2251136 | 25458.5 | 4.4 | 16.9 |
FSV | FirstService | 223.34 | 249.64 | 26.30 (11.8%) | 68112 | 10004.5 | 0.5 | 74.0 |
MG | Magna International | 74.78 | 83.18 | 8.40 (11.2%) | 1929922 | 21431.9 | 3.4 | 12.8 |
EMA | Emera | 47.60 | 52.88 | 5.28 (11.1%) | 1192859 | 13032.9 | 5.9 | 13.4 |
L | Loblaw Cos | 144.64 | 156.50 | 11.86 (8.2%) | 344560 | 46284.8 | 1.2 | 22.3 |
MRU | Metro | 73.48 | 79.38 | 5.90 (8.0%) | 549863 | 16826.9 | 1.7 | 16.8 |
CVE | Cenovus Energy | 23.65 | 25.46 | 1.81 (7.7%) | 4042698 | 45536.7 | 2.2 | 11.3 |
FNV | Franco-Nevada | 142.09 | 152.96 | 10.87 (7.7%) | 309686 | 27338.1 | 1.3 | 30.2 |
BMO | Bank of Montreal | 122.84 | 132.20 | 9.36 (7.6%) | 3228486 | 89009.9 | 4.8 | 16.9 |
SAP | Saputo | 27.61 | 29.55 | 1.94 (7.0%) | 434678 | 11693.4 | 2.7 | 34.8 |
ABX | Barrick Gold | 19.79 | 21.06 | 1.27 (6.4%) | 3324491 | 34731.4 | 2.7 | 20.7 |
TD | Toronto-Dominion Bank | 81.49 | 86.73 | 5.24 (6.4%) | 3898385 | 144905.5 | 4.8 | 12.8 |
BCE | BCE | 50.36 | 52.99 | 2.63 (5.2%) | 2640940 | 45938.4 | 7.7 | 22.0 |
SU | Suncor Energy | 46.63 | 48.67 | 2.04 (4.4%) | 10784653 | 61085.3 | 4.5 | 7.5 |
OTEX | Open Text | 52.19 | 54.31 | 2.12 (4.1%) | 680936 | 14203.0 | 2.5 | 81.7 |
T | TELUS | 23.67 | 24.52 | 0.85 (3.6%) | 3224242 | 34487.2 | 6.1 | 41.1 |
CTC-A | Canadian Tire Corp | 138.10 | 142.63 | 4.53 (3.3%) | 302937 | 7796.8 | 5.0 | 36.6 |
BN | Brookfield | 56.00 | 57.45 | 1.45 (2.6%) | 1906335 | 88939.2 | 0.7 | 68.0 |
BNS | Bank of Nova Scotia | 65.81 | 67.46 | 1.65 (2.5%) | 3328122 | 80354.0 | 6.4 | 10.8 |
PPL | Pembina Pipeline | 47.23 | 48.40 | 1.17 (2.5%) | 2593430 | 26023.7 | 5.6 | 15.9 |
All data provided as of March 04, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
FirstService
FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives.
FirstService is listed under FSV 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.