ACT Energy Technologies: Top 10 Undervalued Energy Sector Stocks on TSX (ACX)
ACT Energy Technologies is now ranked among the top 10 undervalued stocks in the Energy 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 |
|---|---|---|---|---|---|---|---|---|
| AAV | Advantage Energy | - | - | - (0.0%) | 0.0 | 0.0 | 17.7 | |
| ACX | ACT Energy Technologies | - | - | - (0.0%) | 0.0 | 0.0 | 12.2 | |
| AKT-A | Akita Drilling | - | - | - (0.0%) | 0.0 | 0.0 | 4.8 | |
| AKT-B | Akita Drilling | - | - | - (0.0%) | 0.0 | 0.0 | 12.7 | |
| ALA | AltaGas | - | - | - (0.0%) | 0.0 | 3.5 | 15.8 | |
| AOI | Africa Oil | - | - | - (0.0%) | 0.0 | 2.8 | 12.5 | |
| ARX | ARC Resources | - | - | - (0.0%) | 0.0 | 2.9 | 11.6 | |
| ATH | Athabasca Oil | - | - | - (0.0%) | 0.0 | 0.0 | 67.1 | |
| BIR | Birchcliff Energy | - | - | - (0.0%) | 0.0 | 9.9 | 43.1 | |
| BNE | Bonterra Energy | - | - | - (0.0%) | 0.0 | 0.0 | 4.8 |
All data provided as of July 24, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
ACT Energy Technologies
ACT Energy Technologies Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States.
ACT Energy Technologies is listed under ACX 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.
