Martinrea International: Top 10 Undervalued Consumer Cyclical Sector Stocks on TSX (MRE)
Martinrea International is now ranked among the top 10 undervalued stocks in the Consumer Cyclical sector 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)
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 |
|---|---|---|---|---|---|---|---|---|
| FOOD | Goodfood Market | 0.27 | 0.62 | 0.35 (129.6%) | 33808 | 20.7 | 0.0 | 0.0 |
| WPRT | Westport Fuel Systems | 8.91 | 18.43 | 9.52 (106.9%) | 18201 | 153.0 | 0.0 | 0.0 |
| FANS | Fansunite Enter | 0.04 | 0.06 | 0.02 (40.5%) | 118323 | 16.1 | 0.0 | 0.0 |
| CAS | Cascades | 9.73 | 12.46 | 2.73 (28.1%) | 266388 | 982.4 | 4.9 | 0.0 |
| IDG | Indigo Books & Music | 2.06 | 2.63 | 0.57 (27.8%) | 20707 | 58.1 | 0.0 | 0.0 |
| PLC | Park Lawn | 16.34 | 19.34 | 3.00 (18.4%) | 100479 | 568.9 | 2.8 | 0.0 |
| SXP | Supremex | 4.13 | 4.79 | 0.66 (16.1%) | 20079 | 107.0 | 3.5 | 6.2 |
| MRE | Martinrea International | 11.87 | 13.31 | 1.44 (12.1%) | 282261 | 945.5 | 1.7 | 6.2 |
| TCL-A | Transcontinental | 14.59 | 16.29 | 1.70 (11.6%) | 146303 | 1263.5 | 6.2 | 12.8 |
| KEG-UN | The Keg Royalties Income | 14.97 | 16.62 | 1.65 (11.0%) | 9469 | 251.6 | 7.6 | 12.2 |
All data provided as of April 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 world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions.
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.
