AutoCanada: Top 10 Undervalued Small Cap Stocks on TSX (ACQ)
AutoCanada is now ranked among the top 10 small cap stocks 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). Small caps total market capitalization (300M-2B).
All data provided as-at market close May 11, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. AutoCanada AutoCanada Inc through its subsidiaries, is engaged in the operation of franchised automobile dealerships. The company offers automotive products and services, including new vehicles, used vehicles, vehicle parts. AutoCanada is listed under ACQ on the Toronto Stock Exchange.
|Symbol||Name||Close Price||Shares Outstanding||P/E||P/B||Cash per Share||Net Cash per Share|
|BLDP-T||Ballard Power Systems||5.91||0||0||0||0||0|
|CTS-T||Converge Tech Solns||3.15||0||24.2||0||0||0|
More about AutoCanada
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
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.