AGF Management: Top 10 Undervalued Financial Services Sector Stocks on TSX (AGF-B)
AGF Management 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 |
|---|---|---|---|---|---|---|---|---|
| AAB | Aberdeen International | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 | |
| ACD | Accord Financial | - | - | - (0.0%) | 0.0 | 1.8 | 0.0 | |
| AD-UN | Alaris Equity Partners | - | - | - (0.0%) | 0.0 | 8.4 | 3.7 | |
| AGF-B | AGF Management | - | - | - (0.0%) | 0.0 | 5.5 | 6.2 | |
| AGRI-U | Agrinam Acq | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 | |
| AI | Atrium Mortgage | - | - | - (0.0%) | 0.0 | 8.0 | 10.3 | |
| AIM | Aimia | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 | |
| AXIS | Axis Auto Fin | - | - | - (0.0%) | 0.0 | 0.0 | 0.0 | |
| BAM | Brookfield Asset Mgmt | - | - | - (0.0%) | 0.0 | 3.3 | 39.6 | |
| BBUC | Brookfield Business | - | - | - (0.0%) | 0.0 | 1.1 | 0.0 |
All data provided as of July 23, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
AGF Management
AGF Management is predominantly a Canadian-based independent asset manager (with some very minor operations and investments in the US, the UK, Ireland, and Asia). At the end of May 2024, it had CAD 47.8 billion in total assets under management, or AUM, derived from its retail (CAD 26.9 billion), institutional/sub-advised (CAD 12.9 billion), and high-net worth (CAD 8.0 billion) channels.
AGF Management is listed under AGF-B 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.
