Algoma Central: Top 10 Undervalued Transportation Industry Stocks (ALC)
Algoma Central is now ranked among the top 10 undervalued stocks in the Transportation 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).
Transportation: Air transportation companies that provide related air services, including helicopter transportation, air-charter services, in-flight catering services, and air emergency and business-related 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 |
|---|---|---|---|---|---|---|---|---|
| LGT-B-T | Logistec | 62.5 | 65.61 | 3.11 (4.98) | 3,433 | 801 | 0.8 | 15.9 |
| CHR-T | Chorus Aviation | 3.15 | 4.29 | 1.14 (36.31) | 229,696 | 639.8 | 0 | 28.4 |
| AND-T | Andlauer Healthcare Group | 44.1 | 46.64 | 2.54 (5.77) | 23,692 | 1,882.8 | 0.7 | 24.9 |
| CJT-T | Cargojet | 95.66 | 96.93 | 1.27 (1.33) | 43,879 | 1,951.5 | 1.2 | 6.3 |
| MTL-T | Mullen Group | 14.82 | 15.28 | 0.46 (3.08) | 147,418 | 1,508.4 | 4.8 | 8.5 |
| ALC-T | Algoma Central | 15.04 | 15.44 | 0.4 (2.68) | 7,709 | 652 | 4.7 | 5.2 |
| TTNM-T | Titanium Transportation | 2.48 | 2.81 | 0.33 (13.3) | 30,157 | 113.5 | 3.2 | 5.1 |
More about Algoma Central
All data provided as-at market close July 12, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Algoma Central Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Corporate, Investment Properties, and Global Short Sea Shipping. Algoma Central is listed under ALC 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
AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
