Omni-Lite Indus: Top 10 Undervalued Industrial Products Industry Stocks (OML)
Omni-Lite Indus is now ranked among the top 10 undervalued stocks in the Industrial Products 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)
Industrial Products: Companies that manufacture and market office and business machines, such as copiers, fax machines, postage meters, point-ofsale terminals, and ATMs.
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 |
|---|---|---|---|---|---|---|---|---|
| SAY | Sparta Cap | 0.02 | 0.04 | 0.02 (87.8%) | 53927 | 3.6 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 4.57 | 8.50 | 3.93 (86.0%) | 687367 | 1365.0 | 0.0 | 0.0 |
| ENEV | Enerev5 Metals | 0.01 | 0.03 | 0.01 (85.7%) | 71380 | 3.5 | 0.0 | 0.0 |
| CAG | Composite Alliance Group | 0.03 | 0.04 | 0.02 (77.9%) | 47 | 2.8 | 0.0 | 0.0 |
| LPEN | Loop Energy | 0.09 | 0.16 | 0.07 (73.5%) | 68672 | 3.1 | 0.0 | 0.0 |
| GRN | Greenlane Renewables | 0.19 | 0.32 | 0.13 (69.3%) | 115762 | 29.2 | 0.0 | 0.0 |
| EGT | Eguana Technologies | 0.04 | 0.07 | 0.02 (53.6%) | 100830 | 18.3 | 0.0 | 0.0 |
| EWS | Environmental Waste Intl | 0.02 | 0.03 | 0.01 (47.3%) | 32348 | 5.3 | 0.0 | 0.0 |
| EXRO | Exro Technologies | 1.63 | 2.39 | 0.76 (46.4%) | 192221 | 258.7 | 0.0 | 0.0 |
| OML | Omni-Lite Indus | 0.72 | 0.91 | 0.19 (26.3%) | 4190 | 11.1 | 0.0 | 0.0 |
All data provided as of November 03, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Omni-Lite Indus
Omni-Lite Industries Canada Inc is a developer and manufacturer of precision components, with the use of advanced composite materials and cold forging techniques, for mission-critical applications. The company's products have application in various sectors including aerospace, military, specialty automotive and sports and recreational industries. Its geographical areas of operations are in the United States, Canada, and Barbados, of which key revenue is generated from the United States.
Omni-Lite Indus is listed under OML 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.
