First National Financial: Top 10 Undervalued Banks Industry Stocks (FN)
First National Financial is now ranked among the top 10 undervalued stocks in the Banks 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).
Banks: 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 |
|---|---|---|---|---|---|---|---|---|
| AI-T | Atrium Mortgage | 10.72 | 13 | 2.28 (21.27) | 46,732 | 572.9 | 8.4 | 10.6 |
| FC-T | Firm Cap Mortgage Inv | 10.98 | 13.33 | 2.35 (21.43) | 29,461 | 476.9 | 8.5 | 11.7 |
| MKP-T | MCAN Financial | 14.97 | 15.73 | 0.76 (5.09) | 43,999 | 479.6 | 9.4 | 9.6 |
| DLCG-T | Dominion Lending Centres | 3.74 | 4.75 | 1.01 (27.01) | 4,448 | 181.3 | 2.4 | 24.1 |
| FDI-X | Findev | 0.47 | 0.54 | 0.08 (16.5) | 2,323 | 13.3 | 6.5 | 2.3 |
| CWB-T | Canadian Western Bank | 24.18 | 25.49 | 1.31 (5.41) | 539,207 | 2,212.2 | 5 | 7.1 |
| TII-X | Terra Firma Cap | 4.41 | 4.77 | 0.36 (8.07) | 413 | 24.9 | 5.4 | 6.9 |
| LB-T | Laurentian Bank of Canada | 32.11 | 34.39 | 2.28 (7.11) | 142,573 | 1,390.4 | 5.5 | 24.9 |
| TF-T | Timbercreek Financial | 7.56 | 7.66 | 0.1 (1.3) | 124,537 | 635.1 | 9.1 | 14.5 |
| FN-T | First National Financial | 35.29 | 35.62 | 0.33 (0.93) | 31,722 | 2,116.3 | 6.7 | 10.9 |
More about First National Financial
All data provided as-at market close December 05, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. First National Financial First National Financial Corp is a financial services company. It is an originator, underwriter and servicer of predominantly prime single family residential and multi-unit residential and commercial mortgages. First National Financial is listed under FN 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) and Analyst Consensus
Artificial intelligence at Report on Business
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.
