Clip Money: Top 10 Undervalued Software Industry Stocks (CLIP)
Clip Money is now ranked among the top 10 undervalued stocks in the Software 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)
Software: Companies that provide computer-system design, network and systems operations, repair services, technical support, computer technology consulting, development, and implementation 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 |
|---|---|---|---|---|---|---|---|---|
| TBIX | TrustBIX | 0.01 | 0.02 | 0.02 (367.1%) | 5568 | 0.5 | 0.0 | 0.0 |
| DAC | Datable Technology | 0.01 | 0.02 | 0.01 (237.6%) | 101858 | 1.1 | 0.0 | 0.0 |
| BTV | BlueRush | 0.01 | 0.03 | 0.02 (230.7%) | 25391 | 0.4 | 0.0 | 0.0 |
| OVT | Oculus VisionTech | 0.06 | 0.18 | 0.12 (222.8%) | 12006 | 5.0 | 0.0 | 0.0 |
| WFLD | Wellfield Technologies | 0.06 | 0.13 | 0.07 (130.2%) | 202626 | 9.5 | 0.0 | 0.0 |
| DM | DataMetrex AI | 0.02 | 0.05 | 0.03 (126.4%) | 469957 | 7.9 | 0.0 | 0.0 |
| JPIM | Jasper Commerce | 0.01 | 0.01 | 0.01 (120.2%) | 0.3 | 0.0 | 0.0 | |
| ISGI | InsuraGuest Technologies | 0.01 | 0.03 | 0.02 (110.3%) | 66000 | 1.3 | 0.0 | 0.0 |
| CLIP | Clip Money | 0.23 | 0.46 | 0.23 (101.2%) | 16065 | 17.5 | 0.0 | 0.0 |
| VQS | VIQ Solns | 0.20 | 0.39 | 0.19 (98.2%) | 20313 | 7.6 | 0.0 | 0.0 |
All data provided as of May 04, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Clip Money
Clip Money Inc is a Canadian-based principally in the business of providing a proprietary deposit network to businesses and financial institutions located across North America. network of ClipDrop safes located in malls, box stores, and grocery chains, Clip improves the business deposit experience through transformational digital and mobile-enabled services. Its business is located in Canada and the United States. The majority of its revenue comes from the United States.
Clip Money is listed under CLIP on the TSX Venture 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.
