Kelso Technologies: Top 10 Undervalued Transportation Industry Stocks (KLS)
Kelso Technologies is now ranked among the top 10 undervalued stocks in the Transportation 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)
Transportation: Air transportation companies that provide related air services, including helicopter transportation, air-charter services, in-flight catering services, and air emergency and business-related services.
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 |
|---|---|---|---|---|---|---|---|---|
| CHR | Chorus Aviation | 2.09 | 3.99 | 1.90 (91.0%) | 235389 | 417.3 | 0.0 | 5.0 |
| TTNM | Titanium Transportation | 2.51 | 4.13 | 1.62 (64.4%) | 18659 | 114.7 | 3.2 | 6.3 |
| CJT | Cargojet | 80.25 | 108.83 | 28.58 (35.6%) | 41988 | 1661.2 | 1.4 | 10.1 |
| KLS | Kelso Technologies | 0.24 | 0.32 | 0.08 (32.1%) | 10355 | 13.3 | 0.0 | 0.0 |
| MTL | Mullen Group | 13.29 | 15.76 | 2.47 (18.6%) | 205225 | 1301.0 | 5.4 | 7.6 |
| ALC | Algoma Central | 14.55 | 15.25 | 0.70 (4.8%) | 6683 | 626.3 | 4.9 | 5.7 |
| LGT-A | Logistec | 63.27 | 65.57 | 2.30 (3.6%) | 159 | 822.4 | 0.7 | 18.9 |
| LGT-B | Logistec | 63.36 | 64.88 | 1.52 (2.4%) | 18045 | 823.5 | 0.8 | 18.9 |
| WTE | Westshore Terminals | 23.56 | 23.69 | 0.13 (0.6%) | 63890 | 1472.8 | 5.7 | 19.0 |
All data provided as of November 03, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Kelso Technologies
Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various pressure relief valves and manway securement systems designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars.
Kelso Technologies is listed under KLS 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.
