Axis Auto Fin: Top 10 Undervalued Nano Cap Stocks on TSX (AXIS)
Axis Auto Fin is now ranked among the top 10 nano cap stocks 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)
- Nano caps total market capitalization (<50M)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| DN | Delta 9 Cannabis | 0.01 | 0.05 | 0.04 (441.2%) | 651482 | 2.3 | 0.0 | 0.0 |
| VRTS | Vertiqal Studios | 0.01 | 0.05 | 0.04 (256.5%) | 51048 | 9.4 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.06 | 0.19 | 0.13 (240.6%) | 41548 | 6.3 | 0.0 | 0.6 |
| CHW | Chesswood Group | 1.81 | 6.13 | 4.32 (238.4%) | 14843 | 33.5 | 10.5 | 0.0 |
| GMTN | Gold Mountain Mining | 0.04 | 0.11 | 0.07 (208.7%) | 105414 | 7.5 | 0.0 | 0.0 |
| VGCX | Victoria Gold | 0.61 | 1.69 | 1.08 (177.8%) | 1933490 | 40.6 | 0.0 | 2.7 |
| HOT-U | American Hotel Inc Props | 0.34 | 0.87 | 0.53 (155.4%) | 976 | 26.9 | 17.6 | 0.0 |
| CFF | Conifex Timber | 0.40 | 1.01 | 0.61 (151.4%) | 7149 | 16.5 | 0.0 | 0.0 |
| AXIS | Axis Auto Fin | 0.04 | 0.09 | 0.05 (137.3%) | 1981 | 4.9 | 0.0 | 0.0 |
| CNT | Century Glb | 0.03 | 0.05 | 0.03 (119.1%) | 5334 | 2.8 | 0.0 | 0.0 |
All data provided as of July 28, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Axis Auto Fin
Axis Auto Finance Inc is a fintech company that is changing the way used vehicles are purchased and financed in Canada. The company's direct-to-consumer website, DriveAxis.ca, enables users to choose their next used vehicle, customize financing terms, and get the car delivered to homes. In addition, the company continues to grow business-to-business non-prime auto loan originations by delivering innovative technology solutions and superior service to its dealer partners.
Axis Auto Fin is listed under AXIS 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.
