Alaris Equity Partners: Top 25 Undervalued Dividend Stocks on TSX (AD-UN)
Alaris Equity Partners is now ranked among the top 10 undervalued small cap dividend-paying stocks on the Toronto Stock Exchange (TSX).
- 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).
- Small, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| DRM | DREAM Unlimited | 23.45 | 28.65 | 5.20 (22.2%) | 30735 | 1033.6 | 2.1 | 0.0 |
| TI | Titan Mining | 0.29 | 0.47 | 0.18 (61.8%) | 12727 | 39.5 | 6.7 | 0.0 |
| TCW | Trican Well Service | 3.98 | 4.12 | 0.14 (3.6%) | 634552 | 862.7 | 4.0 | 7.7 |
| MRD | Melcor Developments | 11.66 | 14.00 | 2.34 (20.1%) | 6359 | 358.3 | 5.6 | 4.0 |
| CSW-A | Corby Spirit and Wine | 13.50 | 15.85 | 2.35 (17.4%) | 17796 | 384.3 | 6.2 | 18.1 |
| ORA | Aura Minerals | 8.54 | 8.78 | 0.24 (2.8%) | 4729 | 618.4 | 6.0 | 11.8 |
| BDI | Black Diamond Gr | 9.23 | 9.98 | 0.75 (8.1%) | 34193 | 570.7 | 1.0 | 17.4 |
| ADN | Acadian Timber | 16.18 | 16.27 | 0.09 (0.6%) | 6714 | 276.6 | 7.1 | 6.9 |
| AD-UN | Alaris Equity Partners | 16.59 | 20.42 | 3.83 (23.1%) | 47962 | 830.9 | 8.2 | 5.9 |
| TVE | Tamarack Valley Energy | 2.93 | 3.32 | 0.39 (13.3%) | 1932415 | 1636.6 | 5.0 | 23.0 |
All data provided as of September 30, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above paid a dividend in the last 12-months.
Alaris Equity Partners
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust.
Alaris Equity Partners is listed under AD-UN 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.
