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Algoma Central: Top 10 Undervalued Industrials Sector Stocks on TSX (ALC)

AI-generated - The Globe and Mail - Wed Jul 24, 7:30PM CDT

Algoma Central is now ranked among the top 10 undervalued stocks in the Industrials 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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
ACAir Canada--- (0.0%)0.00.02.8
ADENAdentra--- (0.0%)0.01.417.2
AFNAg Growth International--- (0.0%)0.01.119.8
ALCAlgoma Central--- (0.0%)0.05.26.9
ANDAndlauer Healthcare Group--- (0.0%)0.01.026.2
ANRGAnaergia--- (0.0%)0.00.00.0
AREAecon Group--- (0.0%)0.05.36.6
ATRLSNC-Lavalin Gr--- (0.0%)0.00.133.0
ATSATS--- (0.0%)0.00.022.0
BBD-ABombardier--- (0.0%)0.00.025.2

All data provided as of July 24, 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 which generates key revenue, 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.