Jinhua Capital: Top 10 Undervalued Diversified Financial Services Industry Stocks (JHC)
Jinhua Capital is now ranked among the top 10 undervalued stocks in the Diversified Financial Services 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)
Diversified Financial Services: A development-stage company with no or minimal revenue. Includes capital pool, blank check, shell, and holding companies.
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 |
|---|---|---|---|---|---|---|---|---|
| SVP-H | Sceptre Ventures | 0.03 | 0.08 | 0.05 (166.5%) | 125 | 0.4 | 0.0 | 0.0 |
| BEN-H | Butte Energy | 0.17 | 0.46 | 0.29 (164.9%) | 6714 | 11.4 | 0.0 | 0.0 |
| CAC-P | Cinaport Acquisition | 0.03 | 0.06 | 0.04 (146.7%) | 0.4 | 0.0 | 0.4 | |
| CBAR-P | Castlebar Capital | 0.04 | 0.11 | 0.06 (140.7%) | 100 | 0.0 | 0.0 | 0.0 |
| JHC | Jinhua Capital | 0.04 | 0.08 | 0.05 (130.3%) | 18661 | 0.3 | 0.0 | 0.0 |
| MVD-H | Mega View Digital Enter | 0.02 | 0.04 | 0.02 (119.4%) | 47 | 0.2 | 0.0 | 0.0 |
| EVOC-P | Evocati Capital Resources | 0.03 | 0.05 | 0.03 (108.0%) | 2255 | 0.3 | 0.0 | 0.0 |
| ALTN-P | Altina Capital | 0.06 | 0.12 | 0.06 (94.2%) | 100 | 0.5 | 0.0 | 0.0 |
| KAC-P | Kalon Acquisition | 0.02 | 0.04 | 0.02 (93.7%) | 1500 | 0.2 | 0.0 | 0.0 |
| FGAA-U | FG Acquisition | 9.75 | 18.57 | 8.82 (90.4%) | 170 | 28.0 | 0.0 | 5.8 |
All data provided as-at market close September 14, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Jinhua Capital
Diversified Financial Services: A development-stage company with no or minimal revenue. Includes capital pool, blank check, shell, and holding companies. Stocks in this category are held primarily for capital appreciation.
Jinhua Capital is listed under JHC on the TSX Venture 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.
