Taiga Building Prods: Top 10 Undervalued Building Materials Industry Stocks (TBL)

The Globe and Mail - Sat Dec 31, 2022

Industry Group

Taiga Building Prods is now ranked among the top 10 undervalued stocks in the Building Materials 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).

Building Materials: Companies that manufacture construction materials, including stone, clay, and brick products, cement, lime, gypsum, and concrete and other construction products. Excludes companies that manufacture finished and semi finished building products. 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
CVX-X	Cematrix	0.22	0.3	0.08 (36.2)	86,667	29.5	0	0
TBL-T	Taiga Building Prods	3	3.39	0.39 (13.1)	20,049	324.6	0	3.7

More about Taiga Building Prods

All data provided as-at market close December 29, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Taiga Building Prods Taiga Building Products Ltd is a wholesale distributor of building products in Canada and United States. It distributes dimension lumber; panel products, including plywood, particle board, oriented strand board; and allied and treated products. Taiga Building Prods is listed under TBL 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.