Delta 9 Cannabis: Top 10 Undervalued Healthcare Sector Stocks on TSX (DN)
Delta 9 Cannabis is now ranked among the top 10 undervalued stocks in the Healthcare sector 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)
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 |
|---|---|---|---|---|---|---|---|---|
| VPH | Valeo Pharma | 0.10 | 0.33 | 0.23 (232.3%) | 119531 | 8.6 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.06 | 0.17 | 0.11 (190.8%) | 71527 | 7.0 | 0.0 | 0.7 |
| ATE | Antibe Therapeutics | 0.29 | 0.60 | 0.31 (103.8%) | 156587 | 15.5 | 0.0 | 0.0 |
| AVNT | Avant Brands | 0.08 | 0.16 | 0.08 (102.9%) | 302909 | 20.9 | 0.0 | 0.0 |
| CWEB | Charlottes Web Holdings | 0.27 | 0.51 | 0.24 (88.3%) | 45150 | 41.3 | 0.0 | 0.0 |
| SZLS | StageZero Life Sciences | 0.04 | 0.07 | 0.03 (87.0%) | 83570 | 4.9 | 0.0 | 0.0 |
| TLRY | Tilray Brands | 2.41 | 4.49 | 2.08 (86.4%) | 2702796 | 1818.2 | 0.0 | 0.0 |
| DN | Delta 9 Cannabis | 0.02 | 0.03 | 0.01 (74.4%) | 759976 | 3.6 | 0.0 | 0.0 |
| AEZS | AEterna Zentaris | 2.67 | 4.32 | 1.65 (62.0%) | 1139 | 13.0 | 0.0 | 0.0 |
| QIPT | Quipt Home Medical | 4.93 | 7.77 | 2.84 (57.6%) | 19217 | 193.8 | 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.
Delta 9 Cannabis
Delta 9 Cannabis Inc is a cannabis company. It sells cannabis products through its wholesale and retail sales channels and sells its cannabis grow pods to other businesses. The company owns and operates a chain of retail stores under the Delta 9 Cannabis store brand. Its reportable segments are Wholesale Cannabis, Retail Cannabis and Merchandise and Devices, and Business Business. It generates the majority of its revenue from the Retail Cannabis and Merchandise and Devices segment.
Delta 9 Cannabis is listed under DN 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.
