Richelieu Hardware is now ranked among the top 10 undervalued stocks in the Furnishings, Fixtures & Appliances 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).

Furnishings, Fixtures & Appliances: Companies that manufacture and market wooden, metal, and upholstered furniture, mattresses, bedsprings, lighting fixtures, wooden flooring, wallpaper, and household products, such as utensils, cutlery, tableware, and appliances. Stocks in this category are held primarily for capital appreciation.

More about Richelieu Hardware

All data provided as-at market close April 18, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Richelieu Hardware Richelieu Hardware Ltd distributes, imports & manufactures specialty hardware & complementary products. Its products include kitchen cabinet, glass hardware, decorative and functional panels, door & window components, and veneer sheets & edge banding. Richelieu Hardware is listed under RCH 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) and Analyst Consensus

Artificial intelligence at Report on Business

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.