Brookfield Infr Partners: Top 10 Undervalued Large Cap Stocks on TSX (BIP-UN)
Brookfield Infr Partners is now ranked among the top 10 large 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)
- Large caps total market capitalization (10-200B)
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 |
|---|---|---|---|---|---|---|---|---|
| FFH-U | Fairfax Finl Hldgs | 1107.00 | 1575.79 | 468.79 (42.4%) | 4 | 27890.5 | 0.0 | 7.2 |
| MG | Magna International | 60.59 | 80.85 | 20.26 (33.4%) | 955279 | 17395.4 | 4.2 | 12.6 |
| RBA | RB Global | 108.26 | 140.23 | 31.97 (29.5%) | 200023 | 19982.7 | 1.4 | 43.0 |
| OTEX | Open Text | 42.99 | 53.29 | 10.30 (23.9%) | 694761 | 11737.7 | 3.1 | 50.9 |
| ABX | Barrick Gold | 25.25 | 30.99 | 5.74 (22.8%) | 3607874 | 44339.0 | 2.1 | 22.6 |
| NTR | Nutrien | 67.78 | 81.83 | 14.05 (20.7%) | 1877817 | 33537.0 | 4.3 | 29.1 |
| DAY | Dayforce | 72.34 | 85.50 | 13.16 (18.2%) | 17089 | 11567.2 | 0.0 | 161.0 |
| TPX-A | Molson Coors Canada | 69.00 | 81.28 | 12.28 (17.8%) | 20 | 14779.8 | 3.3 | 10.1 |
| RCI-B | Rogers Communications | 50.86 | 59.77 | 8.91 (17.5%) | 1559921 | 27108.4 | 3.9 | 47.1 |
| BIP-UN | Brookfield Infr Partners | 42.22 | 49.57 | 7.35 (17.4%) | 582934 | 19480.3 | 5.0 | 100.0 |
All data provided as of July 14, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Brookfield Infr Partners
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics that tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data.
Brookfield Infr Partners is listed under BIP-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.
