NEXE Innovations: Top 10 Undervalued Consumer Cyclical Sector Stocks on TSX-V (NEXE)
NEXE Innovations is now ranked among the top 10 undervalued stocks in the Consumer Cyclical sector on the 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)
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 |
|---|---|---|---|---|---|---|---|---|
| NEXE | NEXE Innovations | 0.23 | 0.28 | 0.04 (18.3%) | 72129 | 22.9 | 0.0 | 0.0 |
| SSA | Spectra Prods | 0.23 | 0.26 | 0.03 (13.9%) | 1365 | 3.7 | 0.0 | 40.4 |
| HC | Hypercharge Networks | 0.20 | 0.22 | 0.03 (13.1%) | 108912 | 13.5 | 0.0 | 0.0 |
| MAP | Maple Peak Investments | 0.02 | 0.02 | 0.00 (12.1%) | 4787 | 1.2 | 0.0 | 0.0 |
| RUM | Rocky Mountain Liquor | 0.14 | 0.16 | 0.02 (11.8%) | 56467 | 6.7 | 0.0 | 14.0 |
| AWI | Advent-AWI Hldgs | 0.80 | 0.85 | 0.05 (5.9%) | 950 | 9.5 | 0.0 | 119.3 |
| WOLF | Grey Wolf Animal Health | 0.73 | 0.77 | 0.04 (5.6%) | 11469 | 22.7 | 0.0 | 3.4 |
| AUUA | Aluula Composites | 0.14 | 0.14 | 0.00 (0.0%) | 14390 | 35.1 | 0.0 | 0.0 |
| COHO | Coho Collective Kitchens | 0.14 | 0.14 | 0.00 (0.0%) | 41208 | 16.2 | 0.0 | 0.0 |
| FHYD | First Hydrogen | 1.02 | 1.02 | 0.00 (0.0%) | 68468 | 72.3 | 0.0 | 0.0 |
All data provided as of April 15, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
NEXE Innovations
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing based in British Columbia, Canada. The Company has developed patented, fully compostable, plant-based, single-serve coffee pods for use in single-serve coffee machines. The NEXE Pod is fully compostable, single-use pod will offer the market an environmentally friendly alternative to the over billions of plastic and aluminum pod market.
NEXE Innovations is listed under NEXE on the TSX Venture 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.
