Ballard Power Systems: Top 25 Undervalued Toronto Stock Exchange Stocks (BLDP)
Ballard Power Systems is now ranked among the top 25 undervalued stocks listed 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)
- Small, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for capital appreciation and/or dividends.
The Toronto Stock Exchange (TSX) is the largest exchange in Canada and one of the largest in the world. It is home for “senior” well-established equities.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| IVQ-U | Invesque | 0.17 | 0.63 | 0.47 (283.0%) | 1095 | 9.4 | 0.0 | 0.0 |
| WRX | Western Resources | 0.04 | 0.14 | 0.10 (252.9%) | 217887 | 16.5 | 0.0 | 0.0 |
| IVQ | Invesque | 0.21 | 0.74 | 0.53 (251.7%) | 9028 | 11.9 | 0.0 | 0.0 |
| LCFS | Tidewater Renewables | 2.85 | 9.79 | 6.94 (243.5%) | 15878 | 102.7 | 0.0 | 0.0 |
| TMD | Titan Medical | 0.05 | 0.17 | 0.12 (242.8%) | 37631 | 5.7 | 0.0 | 0.5 |
| GMTN | Gold Mountain Mining | 0.04 | 0.11 | 0.07 (203.7%) | 58154 | 7.5 | 0.0 | 0.0 |
| DN | Delta 9 Cannabis | 0.01 | 0.03 | 0.02 (170.9%) | 2.3 | 0.0 | 0.0 | |
| CHW | Chesswood Group | 0.90 | 2.27 | 1.37 (152.1%) | 26061 | 16.6 | 15.6 | 0.0 |
| LAAC | Lithium Americas | 3.58 | 8.81 | 5.23 (146.1%) | 313761 | 595.0 | 0.0 | 0.0 |
| CRWN | Crown Cap Partners | 1.35 | 3.30 | 1.95 (144.4%) | 492 | 7.5 | 0.0 | 0.0 |
| VPH | Valeo Pharma | 0.07 | 0.18 | 0.10 (134.2%) | 23421 | 7.4 | 0.0 | 0.0 |
| NVO | Novo Resources | 0.10 | 0.22 | 0.13 (133.2%) | 171195 | 33.7 | 0.0 | 0.0 |
| VGCX | Victoria Gold | 0.48 | 1.09 | 0.61 (127.0%) | 697130 | 32.0 | 0.0 | 2.1 |
| AVNT | Avant Brands | 0.04 | 0.10 | 0.05 (115.2%) | 145420 | 12.7 | 0.0 | 0.0 |
| BSX | Belo Sun Mining | 0.06 | 0.12 | 0.06 (114.6%) | 130696 | 25.0 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 2.55 | 5.46 | 2.91 (114.2%) | 663254 | 763.4 | 0.0 | 0.0 |
| TWM | Tidewater Midstream | 0.30 | 0.62 | 0.32 (107.8%) | 1214858 | 128.7 | 3.3 | 0.0 |
| ITE | i3 Energy | 0.17 | 0.35 | 0.18 (105.5%) | 161814 | 204.9 | 10.3 | 9.4 |
| QIPT | Quipt Home Medical | 4.06 | 8.21 | 4.15 (102.1%) | 29301 | 173.0 | 0.0 | 0.0 |
| FOOD | Goodfood Market | 0.29 | 0.57 | 0.28 (98.3%) | 29149 | 22.7 | 0.0 | 0.0 |
| CFF | Conifex Timber | 0.43 | 0.85 | 0.42 (97.7%) | 48381 | 17.8 | 0.0 | 0.0 |
| GFP | GreenFirst Forest Prods | 0.34 | 0.67 | 0.33 (96.8%) | 90013 | 60.4 | 0.0 | 0.0 |
| IAU | i-80 Gold | 1.50 | 2.94 | 1.44 (96.3%) | 669005 | 541.7 | 0.0 | 0.0 |
| STLR | STLLR Gold | 1.07 | 2.10 | 1.03 (96.1%) | 59099 | 110.5 | 0.0 | 0.0 |
| TIXT | TELUS Intl | 4.74 | 9.28 | 4.54 (95.8%) | 537642 | 1393.6 | 0.0 | 34.6 |
All data provided as of August 19, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Ballard Power Systems
Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the US, Europe, and China.
Ballard Power Systems is listed under BLDP 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.
