Imperial Oil: Top 25 Undervalued S&P/TSX Composite Index Stocks (IMO)
Imperial Oil is now ranked among the top 25 undervalued stocks included in the S&P/TSX Composite Index.
- 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 market cap category are held primarily for capital appreciation and/or dividends.
Inclusion in a major index means a company ranks among the largest in their market. This also implies stability by-way of institutional support for the stock by index funds.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| BIP-UN | Brookfield Infr Partners | 35.23 | 61.48 | 26.25 (74.5%) | 718412 | 16163.5 | 5.8 | 82.3 |
| OTEX | Open Text | 50.53 | 74.96 | 24.43 (48.4%) | 514879 | 13739.2 | 2.6 | 28.4 |
| AQN | Algonquin Power | 7.73 | 10.61 | 2.88 (37.3%) | 3374288 | 5317.1 | 8.8 | 0.0 |
| NTR | Nutrien | 73.85 | 100.17 | 26.32 (35.6%) | 989200 | 36559.9 | 3.8 | 12.2 |
| SAP | Saputo | 27.35 | 36.75 | 9.40 (34.4%) | 333871 | 11570.8 | 2.6 | 18.2 |
| FM | First Quantum Minerals | 16.28 | 21.44 | 5.16 (31.7%) | 3718937 | 11297.0 | 1.3 | 13.4 |
| ABX | Barrick Gold | 20.98 | 27.39 | 6.41 (30.6%) | 2903052 | 36819.9 | 2.9 | 506.4 |
| K | Kinross Gold | 7.15 | 8.98 | 1.83 (25.6%) | 3009707 | 8850.5 | 2.3 | 27.2 |
| CAE | CAE | 30.13 | 36.46 | 6.33 (21.0%) | 455181 | 9605.4 | 0.0 | 33.9 |
| EMA | Emera | 48.08 | 57.11 | 9.03 (18.8%) | 1521997 | 13106.6 | 5.8 | 10.5 |
| SU | Suncor Energy | 45.78 | 51.39 | 5.61 (12.3%) | 5322202 | 59605.6 | 4.5 | 7.4 |
| BNS | Bank of Nova Scotia | 58.95 | 65.87 | 6.92 (11.7%) | 2863910 | 71565.3 | 7.1 | 9.2 |
| AEM | Agnico Eagle Mines | 64.90 | 71.11 | 6.21 (9.6%) | 1158678 | 32216.6 | 3.3 | 9.1 |
| CM | Canadian Imperial Bank | 51.98 | 56.76 | 4.78 (9.2%) | 2368989 | 47772.9 | 6.6 | 10.6 |
| CP | Canadian Pacific Kansas | 97.54 | 105.78 | 8.24 (8.4%) | 938097 | 91092.6 | 0.8 | 21.8 |
| CCL-B | CCL Industries | 53.96 | 58.51 | 4.55 (8.4%) | 175687 | 9559.5 | 1.9 | 15.2 |
| CAR-UN | CAPREIT | 44.97 | 48.36 | 3.39 (7.5%) | 366227 | 7632.6 | 3.2 | 0.0 |
| MFC | Manulife Financial | 25.79 | 27.73 | 1.94 (7.5%) | 5426469 | 47169.9 | 5.5 | 3.7 |
| MG | Magna International | 72.62 | 77.96 | 5.34 (7.3%) | 805751 | 20827.4 | 3.4 | 14.5 |
| IMO | Imperial Oil | 77.28 | 82.75 | 5.47 (7.1%) | 1501484 | 44768.3 | 2.4 | 8.7 |
| TRP | TC Energy | 49.49 | 52.75 | 3.26 (6.6%) | 5730229 | 51222.2 | 7.5 | 0.0 |
| GIL | Gildan Activewear | 46.74 | 49.81 | 3.07 (6.6%) | 479228 | 8195.8 | 2.1 | 13.0 |
| FTS | Fortis | 55.70 | 58.90 | 3.20 (5.8%) | 1670296 | 27164.9 | 4.1 | 18.0 |
| QSR | Restaurant Brands Intl | 94.79 | 99.68 | 4.89 (5.2%) | 715275 | 43508.6 | 3.1 | 23.7 |
| POW | Power Corp of Canada | 34.09 | 35.42 | 1.33 (3.9%) | 2453330 | 22731.2 | 6.1 | 17.2 |
All data provided as of November 13, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Imperial Oil
Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves.
Imperial Oil is listed under IMO 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.
