Blackline Safety: Top 10 Undervalued Technology Sector Stocks on TSX (BLN)
Blackline Safety is now ranked among the top 10 undervalued stocks in the Technology 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.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| VQS | VIQ Solns | 0.17 | 0.37 | 0.20 (120.4%) | 66471 | 5.9 | 0.0 | 0.0 |
| ADCO | Adcore | 0.18 | 0.38 | 0.19 (104.2%) | 10491 | 11.2 | 0.0 | 0.0 |
| LSPK | LifeSpeak | 0.37 | 0.71 | 0.34 (91.7%) | 6046 | 18.8 | 0.0 | 0.0 |
| MOGO | Mogo | 1.61 | 2.60 | 0.99 (61.8%) | 26820 | 39.9 | 0.0 | 0.0 |
| BYL | Baylin Technologies | 0.20 | 0.31 | 0.11 (55.5%) | 17514 | 17.7 | 0.0 | 0.0 |
| OPT | Optiva | 5.65 | 8.76 | 3.11 (55.0%) | 158 | 34.9 | 0.0 | 0.0 |
| FDGE | Farmers Edge | 0.10 | 0.15 | 0.05 (50.0%) | 13074 | 4.2 | 0.0 | 0.0 |
| DND | Dye & Durham | 12.39 | 14.30 | 1.91 (15.4%) | 880176 | 680.9 | 0.6 | 0.0 |
| BLN | Blackline Safety | 3.33 | 3.82 | 0.49 (14.8%) | 18423 | 240.8 | 0.0 | 0.0 |
| CTS | Converge Tech Solns | 3.72 | 4.23 | 0.51 (13.8%) | 512483 | 775.0 | 0.5 | 0.0 |
All data provided as of November 14, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Blackline Safety
Blackline Safety Corp is a connected safety monitoring technology company. The company develops, manufactures, and markets products and services that empower businesses with real-time safety insights to manage emergency responses, evacuations, and gas detection compliance programs.
Blackline Safety is listed under BLN 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.
