IGM Financial: Top 10 Undervalued Asset Management Industry Stocks on TSE (IGM)
IGM Financial is now ranked among the top 10 undervalued stocks in the Asset Management industry 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).
All data provided as-at market close September 12, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. IGM Financial IGM Financial Inc is a financial services company. It is engaged in the distribution, management and administration of its investment funds. In addition, it also offers mortgage banking and servicing activities. IGM Financial is listed under IGM on the Toronto Stock Exchange.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| IGM-T | IGM Financial | 36.72 | 43.5 | 6.78 (118.46) | 230,799 | 8,785 | 6.1 | 9.1 |
| BAM-A-T | Brookfield Asset Mgmt | 65.01 | 58.96 | -6.05 (90.69) | 1,292,268 | 105,127.703 | 1.1 | 21.8 |
| ONEX-T | Onex | 68.2 | 80.89 | 12.69 (118.61) | 173,285 | 5,865.2 | 0.6 | 5.8 |
| CEF-U-T | Sprott Physical Gold | 16 | 14.42 | -1.58 (90.12) | 383 | 3,490.2 | 0 | 0 |
| PHYS-U-T | Sprott Physical Gold | 13.27 | 6.97 | -6.3 (52.55) | 567 | 5,221 | 0 | 94.8 |
| PSLV-U-T | Sprott Physical Silver | 6.73 | 7.46 | 0.73 (110.87) | 510 | 3,043.3 | 0 | 0 |
| CEF-T | Sprott Physical Gold | 21.87 | 19 | -2.87 (86.9) | 0 | 4,770.7 | 0 | 0 |
| PSLV-T | Sprott Physical Silver | 8.78 | 9.54 | 0.76 (108.64) | 57,687 | 3,970.2 | 0 | 0 |
| PHYS-T | Sprott Physical Gold | 17.46 | 12.47 | -4.99 (71.43) | 24,399 | 6,869.5 | 0 | 95.7 |
More about IGM Financial
Asset Management: Investment management firms offering diversified services such as asset administration, investment advice, portfolio or mutual fund management, money management, and venture capital. Stocks in this category are held primarily for capital appreciation.
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