Skip to main content

Tree Island Steel Ltd(TSL-T)
TSX

Today's Change
Real-Time Last Update

Tree Island Steel: Top 10 Undervalued Steel Industry Stocks (TSL)

The Globe and Mail - Mon Oct 10, 2022
Industry Group

Tree Island Steel is now ranked among the top 10 undervalued stocks in the Steel 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).

Steel: Companies that produce coking coal. Stocks in this category are held primarily for capital appreciation.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
CIA-TChampion Iron4.474.07-0.4
(-8.88)
303,0952,359.64.56.9
LIF-TLabrador Iron Ore Royalty27.7228.250.53
(1.92)
411,5641,767.512.85.5
ASTL-TAlgoma Steel Gr9.1214.445.32
(58.31)
370,1141,610.62.11
TSL-TTree Island Steel3.584.811.23
(34.38)
4,523101.83.41
STLC-TStelco Holdings34.3547.1312.78
(37.21)
484,8592,480.63.51.4
CSO-XCorsa Coal0.350.370.02
(4.94)
87,23136.100
CAF-XCanaf Inv0.10.1-0
(-0.32)
6,7454.706
CAD-XColonial Coal Intl1.40.55-0.85
(-60.79)
75,088245.100

More about Tree Island Steel

All data provided as-at market close October 06, 2022. The list is sorted by stocks with the greatest percentage difference between valuation and price. Tree Island Steel Tree Island Steel Ltd is a producer and supplier of steel wire and products. The company's products include collated and bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. Tree Island Steel is listed under TSL 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.

More from The Globe