Cineplex: Top 10 Undervalued Communication Services Sector Stocks on TSX (CGX)
Cineplex is now ranked among the top 10 undervalued stocks in the Communication Services 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 |
---|---|---|---|---|---|---|---|---|
ILLM | Illumin Holdings | 1.85 | 2.67 | 0.82 (44.3%) | 42114 | 95.9 | 0.0 | 0.0 |
TVA-B | TVA Group | 1.01 | 1.25 | 0.24 (23.8%) | 2931 | 43.6 | 0.0 | 0.0 |
CGX | Cineplex | 10.07 | 11.90 | 1.83 (18.2%) | 310464 | 641.0 | 0.0 | 0.0 |
BRMI | Boat Rocker Media | 0.84 | 0.99 | 0.15 (17.9%) | 17981 | 49.2 | 0.0 | 0.0 |
EAGR | East Side Games Grp | 0.68 | 0.78 | 0.10 (15.2%) | 25433 | 55.4 | 0.0 | 13.3 |
CGO | Cogeco | 62.17 | 70.60 | 8.43 (13.6%) | 16655 | 703.8 | 5.5 | 7.3 |
GVC | Glacier Media | 0.18 | 0.18 | 0.00 (2.0%) | 19195 | 23.6 | 0.0 | 0.0 |
EGLX | Enthusiast Gaming Hldgs | 0.13 | 0.13 | 0.00 (0.0%) | 80498 | 20.1 | 0.0 | 0.0 |
VRTS | Vertiqal Studios | 0.01 | 0.01 | 0.00 (0.0%) | 103194 | 6.3 | 0.0 | 0.0 |
WILD | WildBrain | 1.05 | 1.05 | 0.00 (0.0%) | 46138 | 216.2 | 0.0 | 0.0 |
All data provided as of November 12, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Cineplex
Cineplex Inc is a diversified media company that operates chains of movie theaters. The company has three reporting segments: film entertainment and content; media; and location-based entertainment. The film entertainment and content segment include revenue from theater attendance. The media segment includes cinema media and digital place-based media operations. The location-based entertainment business derives revenue from entertainment restaurant chains like The Rec Room and Playdium.
Cineplex is listed under CGX 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.