Alset Capital: Top 10 Undervalued Software Industry Stocks (KSUM-H)
Alset Capital is now ranked among the top 10 undervalued stocks in the Software 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).
Software: Companies that provide computer-system design, network and systems operations, repair services, technical support, computer technology consulting, development, and implementation 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 |
|---|---|---|---|---|---|---|---|---|
| MCLD-X | mCloud Technologies | 1.17 | 2.94 | 1.77 (151.26) | 7,033 | 18.9 | 0 | 0 |
| FTEC-X | Fintech Select | 0.02 | 0.04 | 0.02 (123.32) | 9,797 | 1.6 | 0 | 1 |
| JPIM-X | Jasper Commerce | 0.02 | 0.04 | 0.02 (115.43) | 156,362 | 1.2 | 0 | 0 |
| NCI-X | NTG Clarity Networks | 0.03 | 0.06 | 0.03 (103.86) | 61,161 | 5 | 0 | 3.2 |
| DAC-X | Datable Technology | 0.01 | 0.14 | 0.13 (833.33) | 0 | 2.6 | 0 | 0 |
| VOYG-T | Voyager Digital | 0.34 | 2.83 | 2.49 (743.39) | 0 | 57.4 | 0 | 0 |
| KSUM-H-X | Alset Capital | 0.03 | 0.08 | 0.05 (155.47) | 1,333 | 0.8 | 0 | 0 |
| LSPK-T | LifeSpeak | 0.9 | 2.06 | 1.16 (129.37) | 19,514 | 45.8 | 0 | 0 |
| MOGO-T | Mogo | 0.8 | 1.65 | 0.85 (106.37) | 197,887 | 60.8 | 0 | 0 |
| PLUR-X | Plurilock Security | 0.14 | 0.28 | 0.14 (106.06) | 93,400 | 9.7 | 0 | 0 |
More about Alset Capital
All data provided as-at market close January 05, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Alset Capital ProSmart Enterprises Inc is engaged in application software sector, Internet sports team development service and sports software market. It also involved in customized practice plans, animated drills and personalized skill videos. Alset Capital is listed under KSUM-H 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) 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.
