ADF Group: Top 10 Undervalued Industrial Products Industry Stocks (DRX)
ADF Group is now ranked among the top 10 undervalued stocks in the Industrial Products 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)
Industrial Products: Companies that manufacture and market office and business machines, such as copiers, fax machines, postage meters, point-ofsale terminals, and ATMs.
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 |
|---|---|---|---|---|---|---|---|---|
| ENEV | Enerev5 Metals | 0.01 | 0.02 | 0.01 (214.1%) | 31137 | 1.2 | 0.0 | 0.0 |
| GRN | Greenlane Renewables | 0.15 | 0.29 | 0.14 (90.3%) | 97624 | 23.0 | 0.0 | 0.0 |
| SAY | Sparta Cap | 0.02 | 0.04 | 0.02 (84.5%) | 61456 | 3.6 | 0.0 | 0.0 |
| LPEN | Loop Energy | 0.10 | 0.17 | 0.07 (71.6%) | 105731 | 3.4 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 5.10 | 8.08 | 2.98 (58.5%) | 455376 | 1523.4 | 0.0 | 0.0 |
| CTEK | Cleantek Industries | 0.14 | 0.18 | 0.04 (25.9%) | 2508 | 4.6 | 0.0 | 0.0 |
| NHHH | FuelPositive | 0.05 | 0.06 | 0.01 (16.7%) | 425830 | 17.8 | 0.0 | 0.0 |
| DRX | ADF Group | 6.68 | 7.73 | 1.05 (15.7%) | 51127 | 218.0 | 0.3 | 7.1 |
| VLN | Velan | 5.15 | 5.92 | 0.77 (14.9%) | 18785 | 111.2 | 0.6 | 0.0 |
| DYA | DynaCERT | 0.18 | 0.21 | 0.03 (14.0%) | 139255 | 70.4 | 0.0 | 0.0 |
All data provided as of December 15, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
ADF Group
ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures.
ADF Group is listed under DRX 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.
