Skip to main content

Blackline Safety: Top 10 Undervalued Technology Sector Stocks on TSX (BLN)

AI-generated - The Globe and Mail - Tue Jun 25, 10:36PM CDT

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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
XTRAXtract One Technologies0.630.650.02 (2.4%)159920126.10.00.0
ADCOAdcore--- (0.0%)0.00.00.0
ALYAAlithya Group--- (0.0%)0.00.00.0
BBBlackBerry--- (0.0%)0.00.00.0
BLNBlackline Safety--- (0.0%)0.00.00.0
BYLBaylin Technologies--- (0.0%)0.00.00.0
CLSCelestica--- (0.0%)0.00.020.8
CMGComputer Modelling Group--- (0.0%)0.01.640.2
CPLFCopperleaf Technologies--- (0.0%)0.00.00.0
CSUConstellation Software--- (0.0%)0.00.1104.1

All data provided as of June 25, 2024.
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. Its operating segments include, Product segment and Service segment which generates the majority of the revenue for the company.

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.