Algoma Central: Top 10 Undervalued Transportation Industry Stocks (ALC)
Algoma Central is now ranked among the top 10 undervalued stocks in the Transportation 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)
Transportation: Air transportation companies that provide related air services, including helicopter transportation, air-charter services, in-flight catering services, and air emergency and business-related services.
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 |
|---|---|---|---|---|---|---|---|---|
| TTNM | Titanium Transportation | 2.14 | 3.48 | 1.34 (62.6%) | 33721 | 97.3 | 3.7 | 7.4 |
| CHR | Chorus Aviation | 2.41 | 3.80 | 1.39 (57.7%) | 222750 | 481.8 | 0.0 | 6.3 |
| KLS | Kelso Technologies | 0.18 | 0.25 | 0.07 (39.1%) | 8049 | 9.8 | 0.0 | 0.0 |
| ALC | Algoma Central | 15.01 | 16.43 | 1.42 (9.5%) | 12158 | 644.7 | 4.9 | 6.3 |
| AND | Andlauer Healthcare Group | 40.00 | 43.35 | 3.35 (8.4%) | 49083 | 1705.2 | 0.8 | 25.3 |
| WTE | Westshore Terminals | 25.86 | 27.64 | 1.78 (6.9%) | 67987 | 1616.6 | 5.4 | 16.9 |
| MTL | Mullen Group | 15.10 | 15.47 | 0.37 (2.4%) | 175762 | 1496.4 | 4.8 | 10.4 |
All data provided as of February 23, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Algoma Central
Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Corporate, Investment Properties, and Global Short Sea Shipping.
Algoma Central is listed under ALC 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.
