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Kinaxis Inc(KXS-T)
TSX

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Kinaxis: Top 10 Undervalued Growth Stocks on TSX (KXS)

AI-generated - The Globe and Mail - Fri Nov 17, 2023

Kinaxis is now ranked among the top 10 undervalued small cap growth stocks on the Toronto Stock Exchange (TSX).

  • 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)
  • Small, micro and nano group market capitalization (<10B)

Stocks in this category that have grown their revenue significantly in their latest quarterly report. They are held primarily for capital appreciation but do present downside risk. Growth stocks are always of interest to investors as they present upside opportunity. Stocks that are both growing their quarterly revenue and showing as undervalued are of special interest as these two factors are important when looking for prospects.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
TIXTTELUS Intl9.5921.2311.64 (121.4%)3007282646.80.036.9
AKEAllkem7.8013.225.42 (69.5%)683784999.10.08.2
BHCBausch Health Companies9.0515.086.03 (66.7%)3207763306.90.00.0
LSPDLightspeed Commerce21.9930.878.88 (40.4%)6404893375.00.00.0
BBBlackBerry4.966.771.81 (36.4%)11601302894.30.00.0
CLSCelestica37.8448.1410.30 (27.2%)5102474525.70.016.5
CAECAE28.6935.686.99 (24.4%)5226139308.30.030.5
IVNIvanhoe Mines10.7513.132.38 (22.1%)152875414072.70.028.1
ACAir Canada17.9021.003.10 (17.3%)24575946730.40.03.0
KXSKinaxis151.95174.4322.48 (14.8%)950844443.00.0217.7
EQXEquinox Gold6.567.410.85 (12.9%)3877292076.50.032.0
CEFSprott Physical Gold21.8724.542.67 (12.2%)4700.90.00.0
FFH-UFairfax Finl Hldgs844.97945.70100.73 (11.9%)14521372.20.06.8
ATZAritzia23.7926.472.68 (11.3%)3079752635.10.022.9
NXENexGen Energy8.499.330.84 (9.9%)16546044170.90.00.0
CDAYCeridian HCM Holding92.54100.738.19 (8.8%)3591714407.90.02254.2
U-UNSprott Physical Uranium25.7927.601.81 (7.0%)7717575688.30.022.4
FILFilo17.2218.060.84 (4.9%)1881572250.20.00.0
GLXYGalaxy Digital Hldgs7.908.070.17 (2.2%)9448552549.00.00.0
DMLDenison Mines2.392.440.05 (2.0%)20183052026.00.034.1
MEGMEG Energy25.5325.600.07 (0.3%)21246037352.60.011.9
ATHAthabasca Oil3.863.85-0.01 (-0.2%)31968592246.20.05.4
BLCOBausch & Lomb21.6721.44-0.23 (-1.1%)21457601.80.00.0
NVANuVista Energy12.3812.09-0.29 (-2.3%)6013102744.10.06.4
GIB-ACGI140.92135.38-5.54 (-3.9%)34433933497.00.020.5

All data provided as of November 17, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above have not paid a dividend in the last 12-months.

Kinaxis

Kinaxis Inc is a provider of cloud-based subscription software that enables its customers to improve and accelerate analysis and decision-making across their supply chain operations. The company has operations in the United States, Europe, Asia, and Canada, and a majority of its revenue comes from the United States.

Kinaxis is listed under KXS 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.