Findev: Top 25 Undervalued Dividend Stocks on TSX-V (FDI)
Findev is now ranked among the top 25 undervalued dividend-paying stocks on the TSX Venture Exchange (TSXV). 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).
All data provided as-at market close July 12, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Companies included above paid a dividend in the last 12-months. Findev Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above-average returns in a two to three-year timeframe. It focuses on lending to residential and retail development projects within the Greater Toronto Area. It focuses on real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments. Findev is listed under FDI on the TSX Venture Exchange.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| FCA-U-X | Firm Capital Apartment | 3.07 | 0 | 0 | 0 | 0 | 0 |
| AFM-X | Alphamin Res | 1.05 | 0 | 13.4 | 0 | 0 | 0 |
| NXLV-X | NexLiving Communities | 0.13 | 0 | 3.6 | 0 | 0 | 0 |
| WBE-X | WestBond Enterprises | 0.23 | 0 | 14.4 | 0 | 0 | 0 |
| FDI-X | Findev | 0.44 | 0 | 8.8 | 0 | 0 | 0 |
| MAR-UN-X | Marwest Apartment | 0.63 | 0 | 1.1 | 0 | 0 | 0 |
| FCA-UN-X | Firm Capital Apartment | 4.35 | 0 | 0 | 0 | 0 | 0 |
| TII-X | Terra Firma Cap | 5.97 | 0 | 16.8 | 0 | 0 | 0 |
| LPC-X | Lorne Park Capital | 1.15 | 0 | 28 | 0 | 0 | 0 |
| PINE-UN-X | Pine Trail | 0.05 | 0 | 0 | 0 | 0 | 0 |
More about Findev
Stocks in this category are held primarily for potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.
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AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
