Sparta Cap: Top 10 Undervalued Industrial Products Industry Stocks (SAY)
Sparta Cap is now ranked among the top 10 undervalued stocks in the Industrial Products 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)
Industrial Products: Companies that manufacture and market office and business machines, such as copiers, fax machines, postage meters, point-ofsale terminals, and ATMs.
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 |
|---|---|---|---|---|---|---|---|---|
| EWS | Environmental Waste Intl | 0.01 | 0.04 | 0.02 (138.7%) | 79126 | 3.5 | 0.0 | 0.0 |
| SAY | Sparta Cap | 0.02 | 0.04 | 0.02 (93.9%) | 187024 | 4.7 | 0.0 | 0.0 |
| LPEN | Loop Energy | 0.17 | 0.30 | 0.13 (75.1%) | 38507 | 5.8 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 4.26 | 7.20 | 2.94 (69.1%) | 581832 | 1272.5 | 0.0 | 0.0 |
| QST | Questor Tech | 0.56 | 0.86 | 0.30 (53.5%) | 14870 | 15.7 | 0.0 | 0.0 |
| EXRO | Exro Technologies | 0.80 | 1.11 | 0.31 (38.4%) | 172282 | 135.0 | 0.0 | 0.0 |
| GRN | Greenlane Renewables | 0.13 | 0.17 | 0.04 (32.1%) | 111995 | 19.9 | 0.0 | 0.0 |
| DYA | DynaCERT | 0.17 | 0.20 | 0.03 (19.0%) | 341961 | 64.7 | 0.0 | 0.0 |
| NHHH | FuelPositive | 0.05 | 0.06 | 0.01 (15.2%) | 304284 | 24.2 | 0.0 | 0.0 |
| DRX | ADF Group | 9.84 | 11.07 | 1.23 (12.5%) | 113468 | 321.2 | 0.2 | 11.0 |
All data provided as of March 08, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Sparta Cap
Sparta Capital Ltd is a Canada-based company focused on product development, manufacturing, distribution, sales, and service across a range of complementary products. The company's business segments include Illumineris; Re-Eco and Sparta. It generates maximum revenue from the Re-Eco Electronic segment.
Sparta Cap is listed under SAY 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.
