Commerce Split: Top 10 Undervalued Financial Services Sector Stocks on TSX (YCM)
Commerce Split is now ranked among the top 10 undervalued stocks in the Financial Services sector 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)
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 |
|---|---|---|---|---|---|---|---|---|
| AXIS | Axis Auto Fin | 0.08 | 0.22 | 0.14 (169.1%) | 10818 | 9.7 | 0.0 | 0.0 |
| SMA | Standard Mercantile | 0.19 | 0.49 | 0.30 (159.9%) | 8287 | 1.5 | 0.0 | 2.7 |
| FTU | US Financial 15 Split | 0.19 | 0.49 | 0.30 (156.5%) | 575 | 0.4 | 0.0 | 0.0 |
| YCM | Commerce Split | 0.65 | 1.55 | 0.90 (138.8%) | 1365 | 0.6 | 0.0 | 0.0 |
| RCG | RF Capital Gr | 5.45 | 12.16 | 6.71 (123.2%) | 6992 | 86.0 | 0.0 | 0.0 |
| VMH-U | VM Hotel Acquisition | 9.95 | 19.09 | 9.14 (91.8%) | 93 | 29.2 | 0.0 | 0.0 |
| FGAA-U | FG Acquisition | 9.75 | 18.42 | 8.67 (88.9%) | 28.0 | 0.0 | 5.8 | |
| FFN | North American Finl 15 | 3.08 | 5.07 | 1.99 (64.5%) | 100960 | 152.3 | 11.0 | 0.0 |
| PDV | Prime Dividend | 3.45 | 5.10 | 1.65 (47.8%) | 1480 | 2.9 | 13.7 | 0.0 |
| AAB | Aberdeen International | 0.03 | 0.03 | 0.01 (38.5%) | 140844 | 3.6 | 0.0 | 0.0 |
All data provided as-at market close October 16, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Commerce Split
Commerce Split Corp is a mutual fund company. It invests in common shares of Canadian imperial bank of commerce. The corporation offers three types of shares, a Capital share, a Class I Preferred, and a Class II Preferred.
Commerce Split is listed under YCM 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.
