Velan: Top 10 Undervalued Industrial Products Industry Stocks (VLN)
Velan 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 |
|---|---|---|---|---|---|---|---|---|
| VLN-T | Velan | 6.74 | 13.2 | 6.46 (95.85) | 18,522 | 145.5 | 0.5 | 0 |
| AKMY-X | K.B. Recycling Industries | 0.07 | 0.16 | 0.09 (133.77) | 20,773 | 10.2 | 0 | 0 |
| QST-X | Questor Tech | 0.91 | 1.06 | 0.15 (17) | 14,717 | 25.3 | 0 | 0 |
| BLDP-T | Ballard Power Systems | 8.28 | 10.9 | 2.62 (31.62) | 881,337 | 2,468.9 | 0 | 0 |
| OML-X | Omni-Lite Industries | 0.52 | 0.72 | 0.2 (39.05) | 10,616 | 8 | 0 | 0 |
| TMS-H-X | Targeted Microwave Solns | 0.01 | 0.04 | 0.03 (176.81) | 10,561 | 1.9 | 0 | 0 |
| ENW-X | EnWave | 0.35 | 0.57 | 0.22 (62.3) | 51,089 | 38.6 | 0 | 0 |
| CAG-X | Composite Alliance Group | 0.04 | 0.08 | 0.05 (134.84) | 2,685 | 3.9 | 0 | 0 |
| LPEN-T | Loop Energy | 1.05 | 2.11 | 1.06 (100.57) | 23,808 | 35.5 | 0 | 0 |
| ENEV-X | Enerev5 Metals | 0.02 | 0.03 | 0.01 (59.09) | 25,580 | 4.6 | 0 | 0 |
More about Velan
All data provided as-at market close February 08, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Velan Velan Inc designs, manufactures and markets industrial valves for use in industries including power generation, oil and gas, refining and petrochemicals, pulp and paper, LNG and cryogenics, mining and shipbuilding. Velan is listed under VLN 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) and Analyst Consensus
Artificial intelligence at Report on Business
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.
