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Martinrea International Inc(MRE-T)
TSX

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Martinrea International: Top 10 Undervalued Vehicles & Parts Industry Stocks (MRE)

AI-generated - The Globe and Mail - Mon Jan 1, 1:18AM CST

Martinrea International is now ranked among the top 10 undervalued stocks in the Vehicles & Parts 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)

Vehicles & Parts: Companies engaged in the specialty retail of new and used automobiles, trucks, and other vehicles through the operation and/or franchising of dealerships.

Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
WPRTWestport Fuel Systems9.3417.518.17 (87.5%)9866165.00.00.0
ACQAutoCanada21.3029.728.42 (39.5%)58162521.80.06.9
VMCVicinity Motor1.051.190.14 (13.2%)2636147.90.00.0
MREMartinrea International14.1015.571.47 (10.4%)1724801119.61.45.8
SSASpectra Prods0.250.260.01 (5.8%)40524.00.040.4

All data provided as of January 01, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Martinrea International

Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids.

Martinrea International is listed under MRE 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.

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