Athabasca Oil: Top 10 Undervalued Growth Stocks on TSX (ATH)
Athabasca Oil is now ranked among the top 10 undervalued small cap growth stocks on the Toronto Stock Exchange (TSX).
- 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, micro and nano group market capitalization (<10B)
Stocks in this category that have grown their revenue significantly in their latest quarterly report. They are held primarily for capital appreciation but do present downside risk. Growth stocks are always of interest to investors as they present upside opportunity. Stocks that are both growing their quarterly revenue and showing as undervalued are of special interest as these two factors are important when looking for prospects.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| TIXT | TELUS Intl | 9.59 | 21.23 | 11.64 (121.4%) | 300728 | 2646.8 | 0.0 | 36.9 |
| AKE | Allkem | 7.80 | 13.22 | 5.42 (69.5%) | 68378 | 4999.1 | 0.0 | 8.2 |
| BHC | Bausch Health Companies | 9.05 | 15.08 | 6.03 (66.7%) | 320776 | 3306.9 | 0.0 | 0.0 |
| LSPD | Lightspeed Commerce | 21.99 | 30.87 | 8.88 (40.4%) | 640489 | 3375.0 | 0.0 | 0.0 |
| BB | BlackBerry | 4.96 | 6.77 | 1.81 (36.4%) | 1160130 | 2894.3 | 0.0 | 0.0 |
| CLS | Celestica | 37.84 | 48.14 | 10.30 (27.2%) | 510247 | 4525.7 | 0.0 | 16.5 |
| CAE | CAE | 28.69 | 35.68 | 6.99 (24.4%) | 522613 | 9308.3 | 0.0 | 30.5 |
| IVN | Ivanhoe Mines | 10.75 | 13.13 | 2.38 (22.1%) | 1528754 | 14072.7 | 0.0 | 28.1 |
| AC | Air Canada | 17.90 | 21.00 | 3.10 (17.3%) | 2457594 | 6730.4 | 0.0 | 3.0 |
| KXS | Kinaxis | 151.95 | 174.43 | 22.48 (14.8%) | 95084 | 4443.0 | 0.0 | 217.7 |
| EQX | Equinox Gold | 6.56 | 7.41 | 0.85 (12.9%) | 387729 | 2076.5 | 0.0 | 32.0 |
| CEF | Sprott Physical Gold | 21.87 | 24.54 | 2.67 (12.2%) | 4700.9 | 0.0 | 0.0 | |
| FFH-U | Fairfax Finl Hldgs | 844.97 | 945.70 | 100.73 (11.9%) | 145 | 21372.2 | 0.0 | 6.8 |
| ATZ | Aritzia | 23.79 | 26.47 | 2.68 (11.3%) | 307975 | 2635.1 | 0.0 | 22.9 |
| NXE | NexGen Energy | 8.49 | 9.33 | 0.84 (9.9%) | 1654604 | 4170.9 | 0.0 | 0.0 |
| CDAY | Ceridian HCM Holding | 92.54 | 100.73 | 8.19 (8.8%) | 35917 | 14407.9 | 0.0 | 2254.2 |
| U-UN | Sprott Physical Uranium | 25.79 | 27.60 | 1.81 (7.0%) | 771757 | 5688.3 | 0.0 | 22.4 |
| FIL | Filo | 17.22 | 18.06 | 0.84 (4.9%) | 188157 | 2250.2 | 0.0 | 0.0 |
| GLXY | Galaxy Digital Hldgs | 7.90 | 8.07 | 0.17 (2.2%) | 944855 | 2549.0 | 0.0 | 0.0 |
| DML | Denison Mines | 2.39 | 2.44 | 0.05 (2.0%) | 2018305 | 2026.0 | 0.0 | 34.1 |
| MEG | MEG Energy | 25.53 | 25.60 | 0.07 (0.3%) | 2124603 | 7352.6 | 0.0 | 11.9 |
| ATH | Athabasca Oil | 3.86 | 3.85 | -0.01 (-0.2%) | 3196859 | 2246.2 | 0.0 | 5.4 |
| BLCO | Bausch & Lomb | 21.67 | 21.44 | -0.23 (-1.1%) | 2145 | 7601.8 | 0.0 | 0.0 |
| NVA | NuVista Energy | 12.38 | 12.09 | -0.29 (-2.3%) | 601310 | 2744.1 | 0.0 | 6.4 |
| GIB-A | CGI | 140.92 | 135.38 | -5.54 (-3.9%) | 344339 | 33497.0 | 0.0 | 20.5 |
All data provided as of November 17, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above have not paid a dividend in the last 12-months.
Athabasca Oil
Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.
Athabasca Oil is listed under ATH 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)
- 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.
