Northland Power: Top 25 Undervalued Toronto Stock Exchange Stocks (NPI)
Northland Power is now ranked among the top 25 undervalued stocks listed 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, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for capital appreciation and/or dividends.
The Toronto Stock Exchange (TSX) is the largest exchange in Canada and one of the largest in the world. It is home for “senior” well-established equities.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| TIXT | TELUS Intl | 9.14 | 20.85 | 11.71 (128.1%) | 285701 | 2522.6 | 0.0 | 34.8 |
| AKE | Allkem | 7.84 | 17.71 | 9.87 (125.8%) | 62465 | 5024.7 | 0.0 | 8.2 |
| BIP-UN | Brookfield Infr Partners | 35.23 | 61.48 | 26.25 (74.5%) | 718412 | 16163.5 | 5.8 | 82.3 |
| BTO | B2Gold | 4.14 | 7.02 | 2.88 (69.5%) | 2516163 | 5370.3 | 5.2 | 12.0 |
| BEP-UN | Brookfield Renewable | 30.26 | 47.81 | 17.55 (58.0%) | 301604 | 8861.9 | 5.9 | 0.0 |
| NGT | Newmont | 47.18 | 73.21 | 26.03 (55.2%) | 309560 | 37555.3 | 5.0 | 0.0 |
| BNRE | Brookfield Reinsurance | 44.47 | 66.97 | 22.50 (50.6%) | 16317 | 5004.3 | 1.1 | 5.6 |
| TCN | Tricon Residential | 9.73 | 14.55 | 4.82 (49.6%) | 610502 | 3021.1 | 3.2 | 11.9 |
| OTEX | Open Text | 50.53 | 74.96 | 24.43 (48.4%) | 514879 | 13739.2 | 2.6 | 28.4 |
| LSPD | Lightspeed Commerce | 21.45 | 30.35 | 8.90 (41.5%) | 582625 | 3292.1 | 0.0 | 0.0 |
| BHC | Bausch Health Companies | 9.40 | 13.05 | 3.65 (38.8%) | 357160 | 3434.8 | 0.0 | 0.0 |
| AQN | Algonquin Power | 7.73 | 10.61 | 2.88 (37.3%) | 3374288 | 5317.1 | 8.8 | 0.0 |
| VET | Vermilion Energy | 18.11 | 24.63 | 6.52 (36.0%) | 903831 | 3013.4 | 2.1 | 3.2 |
| NTR | Nutrien | 73.85 | 100.17 | 26.32 (35.6%) | 989200 | 36559.9 | 3.8 | 12.2 |
| BB | BlackBerry | 5.00 | 6.78 | 1.78 (35.5%) | 1192542 | 2917.6 | 0.0 | 0.0 |
| SAP | Saputo | 27.35 | 36.75 | 9.40 (34.4%) | 333871 | 11570.8 | 2.6 | 18.2 |
| BEPC | Brookfield Renewable | 32.43 | 43.45 | 11.02 (34.0%) | 291090 | 5826.1 | 5.5 | 2.7 |
| RBA | RB Global | 82.99 | 110.84 | 27.85 (33.6%) | 215600 | 15237.1 | 1.8 | 58.9 |
| FM | First Quantum Minerals | 16.28 | 21.44 | 5.16 (31.7%) | 3718937 | 11297.0 | 1.3 | 13.4 |
| ABX | Barrick Gold | 20.98 | 27.39 | 6.41 (30.6%) | 2903052 | 36819.9 | 2.9 | 506.4 |
| EFN | Element Fleet Management | 20.51 | 26.21 | 5.70 (27.8%) | 580045 | 8296.5 | 1.9 | 19.0 |
| NPI | Northland Power | 21.57 | 27.53 | 5.96 (27.6%) | 1013410 | 5463.2 | 5.6 | 13.8 |
| K | Kinross Gold | 7.15 | 8.98 | 1.83 (25.6%) | 3009707 | 8850.5 | 2.3 | 27.2 |
| CIX | CI Financial | 14.07 | 17.50 | 3.43 (24.4%) | 493477 | 2273.0 | 5.1 | 40.2 |
| DOO | BRP | 97.02 | 120.20 | 23.18 (23.9%) | 135130 | 7689.4 | 0.7 | 7.8 |
All data provided as of November 12, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Northland Power
Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
Northland Power is listed under NPI 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.
