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Ballard Power Systems: Top 25 Undervalued Toronto Stock Exchange Stocks (BLDP)

AI-generated - The Globe and Mail - Sun Oct 13, 8:05PM CDT

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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
IVQ-UInvesque0.120.440.32 (267.9%)20836.80.00.0
IVQInvesque0.150.530.38 (252.3%)206378.50.00.0
VRTSVertiqal Studios0.010.040.03 (181.7%)1905469.50.00.0
CRWNCrown Cap Partners1.173.262.09 (178.5%)9026.50.00.0
TMDTitan Medical0.050.130.08 (177.5%)426355.40.00.0
VPHValeo Pharma0.040.120.07 (162.6%)411314.40.00.0
MPVDMountain Province Diamond0.140.370.23 (156.4%)7152831.10.00.6
NVONovo Resources0.090.220.13 (140.8%)9684831.90.00.0
EXNExcellon Resources0.100.230.13 (122.4%)23752811.10.00.0
CNECanacol Energy3.407.363.96 (116.5%)24083116.015.37.3
FOODGoodfood Market0.270.570.31 (116.0%)3398120.70.00.0
AVNTAvant Brands1.002.151.15 (115.5%)77239.40.00.0
SSherritt International0.190.390.20 (103.9%)12048175.50.00.0
LCFSTidewater Renewables2.014.052.04 (101.4%)3041072.40.00.0
CWEBCharlottes Web Holdings0.170.340.17 (97.1%)3383326.70.00.0
CWLCaldwell Partners Intl1.042.041.00 (96.0%)195130.70.00.0
ACDAccord Financial4.107.933.83 (93.5%)329136.20.00.0
NCPNickel Creek Platinum0.791.520.73 (91.9%)40304.00.00.0
RVXResverlogix0.070.120.06 (89.7%)10158717.90.00.0
BLDPBallard Power Systems2.324.362.04 (88.0%)1481580694.60.00.0
LGOLargo2.875.392.52 (87.7%)40357183.90.00.0
QIPTQuipt Home Medical3.787.063.28 (86.7%)28380161.10.00.0
LAACLithium Americas5.059.424.37 (86.6%)481362839.30.00.0
PEAPieridae Energy0.240.450.20 (83.7%)10648543.20.00.0
PIC-APremium Income4.498.153.66 (81.5%)6084172.718.10.0

All data provided as of October 14, 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.