Mint: Top 10 Undervalued Credit Services Industry Stocks (MIT)
Mint is now ranked among the top 10 undervalued stocks in the Credit Services 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)
Credit Services: Companies that extend credit and make loans to individuals and businesses through credit cards, installment loans, student loans, and business loans that are associated with other consumer and business credit instruments.
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 |
|---|---|---|---|---|---|---|---|---|
| AXIS | Axis Auto Fin | 0.05 | 0.09 | 0.04 (79.0%) | 47447 | 6.1 | 0.0 | 0.0 |
| ACD | Accord Financial | 4.61 | 6.82 | 2.21 (48.0%) | 3455 | 39.4 | 4.9 | 0.0 |
| MIT | Mint | 0.04 | 0.04 | 0.00 (13.1%) | 4588 | 8.3 | 0.0 | 0.0 |
| CRWN | Crown Cap Partners | 5.77 | 6.40 | 0.63 (10.9%) | 337 | 32.3 | 0.0 | 0.0 |
All data provided as of January 04, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Mint
The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments.
Mint is listed under MIT 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.
