Synex Renewable Energy: Top 10 Undervalued Utilities Sector Stocks on TSX (SXI)
Synex Renewable Energy is now ranked among the top 10 undervalued stocks in the Utilities sector 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). The utilities sector contains firms that provide power or water.
All data provided as-at market close July 24, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Synex Renewable Energy Synex Renewable Energy Corp is engaged in the development, ownership, and operation of electric power facilities and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. Its projects include Barr Creek Hydro Plant, Mears Creek Hydro Project, Cypress Creek Hydro Project, and Sea Breeze products among others. Synex Renewable Energy is listed under SXI on the Toronto Stock Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| SXI-T | Synex Renewable Energy | 2.1 | 0 | 0 | 0 | 0 | 0 |
| ARR-T | Altius Renewable | 9.28 | 0 | 0 | 0 | 0 | 0 |
| MXG-T | Maxim Power | 4.7 | 0 | 8.1 | 0 | 0 | 0 |
| SPG-T | Spark Power Group | 0.46 | 0 | 0 | 0 | 0 | 0 |
| CUP-U-T | Caribbean Utilities Co | 11.5 | 0 | 13.4 | 0 | 0 | 0 |
| LCFS-T | Tidewater Renewables | 8.5 | 0 | 0 | 0 | 0 | 0 |
| PIF-T | Polaris Renewable Energy | 14.48 | 0 | 52.1 | 0 | 0 | 0 |
| HEO-T | H2O Innovation | 3.16 | 0 | 90.3 | 0 | 0 | 0 |
More about Synex Renewable Energy
Stocks in this category are held primarily for capital appreciation.
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