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Hardwoods Distribution Inc(HDI-T)
TSX

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Hardwoods Distribution: Top 10 Undervalued Industrial Distribution Industry Stocks (HDI)

The Globe and Mail - Fri Nov 11, 2022
Industry Group

Hardwoods Distribution is now ranked among the top 10 undervalued stocks in the Industrial Distribution 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 Distribution: Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
WJX-TWajax19.923.043.14
(15.79)
26,481441.757.3
HDI-THardwoods Distribution26.7129.242.53
(9.47)
63,190637.71.83
RUS-TRussel Metals29.6436.937.29
(24.59)
219,2291,872.85.14.1

More about Hardwoods Distribution

All data provided as-at market close November 09, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Hardwoods Distribution Hardwoods Distribution Inc is a Canadian company which operates a network of distribution centers in Canada and the US engaged in the wholesale distribution of hardwood lumber and related sheet goods and specialty products. Hardwoods Distribution is listed under HDI 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.