CareSpan Health: Top 10 Undervalued Healthcare Providers & Services Industry Stocks (CSPN)
CareSpan Health is now ranked among the top 10 undervalued stocks in the Healthcare Providers & Services 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)
Healthcare Providers & Services: Companies that provide medical services through the ownership and operation of hospitals, and other auxiliary healthcare-related services, including healthcare staffing and ambulatory services. Also, companies that operate long-term-care facilities, such as assisted-living centers, nursing and retirement homes, substance-abuse centers, and centers for rehabilitation 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 |
|---|---|---|---|---|---|---|---|---|
| KOVO | Kovo Healthtech | 0.04 | 0.14 | 0.10 (295.3%) | 50107 | 2.0 | 0.0 | 0.0 |
| CHS | Comprehensive Healthcare | 0.01 | 0.03 | 0.02 (226.2%) | 173427 | 1.2 | 0.0 | 0.0 |
| JNH | Jack Nathan Medical | 0.05 | 0.13 | 0.08 (161.9%) | 28638 | 4.5 | 0.0 | 0.0 |
| XYBN | Xybion Digital | 0.45 | 1.17 | 0.72 (159.1%) | 811 | 0.7 | 0.0 | 0.9 |
| CRBK | Carebook Technologies | 0.06 | 0.11 | 0.05 (89.3%) | 6425 | 5.7 | 0.0 | 0.0 |
| DOC | CloudMD Software & Servs | 0.07 | 0.14 | 0.06 (81.3%) | 127324 | 22.7 | 0.0 | 0.0 |
| NLH | Nova Leap Health | 0.22 | 0.32 | 0.10 (45.2%) | 9548 | 19.2 | 0.0 | 0.0 |
| FAF | Fire & Flower Holdings | 0.29 | 0.42 | 0.13 (43.7%) | 13.2 | 0.0 | 0.0 | |
| CSPN | CareSpan Health | 0.04 | 0.06 | 0.02 (40.0%) | 4800 | 2.1 | 0.0 | 0.0 |
| NURS | Hydreight Technologies | 0.26 | 0.35 | 0.09 (34.3%) | 21027 | 9.9 | 0.0 | 0.0 |
All data provided as of April 29, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
CareSpan Health
CareSpan Health Inc is engaged in providing a digital care platform that integrates digital care tools, capabilities, and data in one place. Its platform enables its provider networks with an integrated digital care platform and business support services, that address the shortage in primary and urgent care, as well as behavioral/mental health.
CareSpan Health is listed under CSPN 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.
