Route1: Top 10 Undervalued Software Industry Stocks (ROI)
Route1 is now ranked among the top 10 undervalued stocks in the Software 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)
Software: Companies that provide computer-system design, network and systems operations, repair services, technical support, computer technology consulting, development, and implementation services.
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 |
|---|---|---|---|---|---|---|---|---|
| TBIX | TrustBIX | 0.01 | 0.02 | 0.02 (368.8%) | 24958 | 0.4 | 0.0 | 0.0 |
| DAC | Datable Technology | 0.01 | 0.02 | 0.01 (250.1%) | 153527 | 1.1 | 0.0 | 0.0 |
| BTV | BlueRush | 0.01 | 0.05 | 0.03 (207.3%) | 1361 | 0.5 | 0.0 | 0.0 |
| ROI | Route1 | 0.03 | 0.07 | 0.05 (194.2%) | 68597 | 1.1 | 0.0 | 0.0 |
| OEE | Memex | 0.01 | 0.01 | 0.01 (133.9%) | 31897 | 0.7 | 0.0 | 0.0 |
| DM | DataMetrex AI | 0.02 | 0.05 | 0.03 (126.7%) | 620700 | 7.9 | 0.0 | 0.0 |
| DEAL | Playgon Games | 0.04 | 0.09 | 0.05 (126.6%) | 56756 | 10.2 | 0.0 | 0.0 |
| BWLK | Boardwalktech Software | 0.23 | 0.53 | 0.29 (125.3%) | 18951 | 10.4 | 0.0 | 0.0 |
| UI | Urbanimmersive | 0.02 | 0.04 | 0.02 (115.5%) | 185911 | 1.0 | 0.0 | 0.0 |
| JPIM | Jasper Commerce | 0.01 | 0.01 | 0.01 (113.7%) | 48435 | 0.3 | 0.0 | 0.0 |
All data provided as of February 10, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Route1
Route1 Inc is a company which delivers security and identity management solutions to enterprises including businesses, government, and military which requires universal, secure access to all digital resources and sensitive data. The company's solutions enable the workforce to be more productive and more flexible without compromising system access, data-at-rest, or data-in-use.
Route1 is listed under ROI 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.
