Lion Electric: Top 10 Undervalued Small Cap Stocks on TSX (LEV)
Lion Electric is now ranked among the top 10 small cap stocks on the Toronto Stock 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)
- Small caps total market capitalization (300M-2B)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| IAU | i-80 Gold | 1.82 | 4.02 | 2.20 (120.8%) | 449587 | 522.6 | 0.0 | 0.0 |
| LAAC | Lithium Americas | 5.58 | 12.00 | 6.42 (115.0%) | 336876 | 923.6 | 0.0 | 0.0 |
| TLRY | Tilray Brands | 2.53 | 4.28 | 1.75 (69.1%) | 1188647 | 1848.8 | 0.0 | 0.0 |
| SGR-U | Slate Grocery | 9.15 | 14.93 | 5.78 (63.1%) | 1464 | 553.3 | 9.4 | 22.1 |
| LEV | Lion Electric | 2.41 | 3.88 | 1.47 (61.2%) | 175207 | 531.6 | 0.0 | 0.0 |
| III | Imperial Metals | 2.34 | 3.74 | 1.40 (59.9%) | 7128 | 367.9 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 4.33 | 6.89 | 2.56 (59.2%) | 699008 | 1293.4 | 0.0 | 0.0 |
| CXB | Calibre Mining | 1.42 | 2.26 | 0.84 (59.1%) | 2185874 | 677.9 | 0.0 | 5.9 |
| EDR | Endeavour Silver | 2.09 | 3.29 | 1.20 (57.3%) | 293589 | 406.0 | 0.0 | 25.9 |
| OSK | Osisko Mining | 2.49 | 3.86 | 1.37 (55.1%) | 845879 | 961.4 | 0.0 | 4.2 |
All data provided as of February 10, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Lion Electric
The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.
Lion Electric is listed under LEV 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.
