Laurentian Bank of Canada: Top 10 Undervalued Banks Industry Stocks (LB)
Laurentian Bank of Canada is now ranked among the top 10 undervalued stocks in the Banks 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)
Banks: ul
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 |
|---|---|---|---|---|---|---|---|---|
| ECN | ECN Capital | 1.80 | 2.30 | 0.50 (27.6%) | 421322 | 471.6 | 2.2 | 0.0 |
| FDI | Findev | 0.36 | 0.44 | 0.07 (19.4%) | 5246 | 10.5 | 8.2 | 7.3 |
| BCF | Builders Capital Mortgage | 8.50 | 9.87 | 1.37 (16.1%) | 748 | 27.0 | 9.4 | 8.6 |
| AI | Atrium Mortgage | 11.49 | 12.50 | 1.01 (8.8%) | 47826 | 620.8 | 7.8 | 10.1 |
| MKP | MCAN Financial | 15.74 | 16.96 | 1.22 (7.8%) | 56562 | 548.9 | 9.6 | 7.1 |
| LB | Laurentian Bank of Canada | 27.88 | 29.74 | 1.86 (6.7%) | 297972 | 1217.8 | 6.7 | 7.9 |
| TF | Timbercreek Financial | 7.76 | 8.00 | 0.24 (3.1%) | 142972 | 748.2 | 8.9 | 9.9 |
| FC | Firm Cap Mortgage Inv | 11.43 | 11.43 | 0.00 (0.0%) | 20165 | 469.5 | 8.2 | 11.6 |
All data provided as of March 27, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Laurentian Bank of Canada
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients.
Laurentian Bank of Canada is listed under LB 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.
