abrdn Asia-Pacific Income: Top 10 Undervalued Financial Services Sector Stocks on TSX (FAP)
abrdn Asia-Pacific Income is now ranked among the top 10 undervalued stocks in the Financial Services 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 |
|---|---|---|---|---|---|---|---|---|
| AXIS | Axis Auto Fin | 0.07 | 0.15 | 0.08 (126.1%) | 11497 | 7.9 | 0.0 | 0.0 |
| XMF-A | M Split | 0.24 | 0.49 | 0.25 (105.4%) | 238 | 0.5 | 0.0 | 0.0 |
| FTU | US Financial 15 Split | 0.37 | 0.69 | 0.32 (86.6%) | 3672 | 0.7 | 0.0 | 0.0 |
| RCG | RF Capital Gr | 6.71 | 11.47 | 4.76 (71.0%) | 3570 | 104.4 | 0.0 | 0.0 |
| AIM | Aimia | 2.36 | 4.00 | 1.64 (69.5%) | 23409 | 199.9 | 0.0 | 0.0 |
| ACD | Accord Financial | 4.53 | 6.97 | 2.44 (53.8%) | 2105 | 38.8 | 3.3 | 0.0 |
| LCS | Brompton Lifeco Split | 6.22 | 8.60 | 2.38 (38.3%) | 29503 | 52.4 | 14.5 | 2.1 |
| SFC | Sagicor Financial | 6.74 | 8.78 | 2.04 (30.3%) | 10137 | 977.1 | 4.6 | 1.3 |
| FAP | abrdn Asia-Pacific Income | 2.55 | 3.32 | 0.77 (30.3%) | 33522 | 109.6 | 8.2 | 5.3 |
| MKZ-UN | Mackenzie Master | 0.32 | 0.41 | 0.09 (30.1%) | 7975 | 2.0 | 26.0 | 3.9 |
All data provided as of April 29, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
abrdn Asia-Pacific Income
abrdn Asia-Pacific Income Fund VCC formerly Aberdeen Asia-Pacific Income Investment Co Ltd is a closed-ended investment company. Its investment objective is to obtain current income and may also achieve incidental capital appreciation. The Company seeks to obtain these objectives primarily from investment in long-term debt securities.
abrdn Asia-Pacific Income is listed under FAP 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.
