Chemtrade Logistics: Top 10 Undervalued Chemicals Industry Stocks (CHE-UN)
Chemtrade Logistics is now ranked among the top 10 undervalued stocks in the Chemicals industry on the Toronto Stock Exchange or TSX Venture 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)
Chemicals: Chemical manufacturing companies engaged in diverse chemical and chemical-related operations, and basic chemicals manufacturing.
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 |
|---|---|---|---|---|---|---|---|---|
| NANO | Nano One Materials | 0.80 | 1.90 | 1.10 (137.8%) | 111335 | 89.0 | 0.0 | 0.0 |
| BOS | AirBoss of America | 4.47 | 7.53 | 3.06 (68.5%) | 17234 | 121.3 | 6.2 | 0.0 |
| GMG | Graphene Manufacturing Gr | 0.50 | 0.78 | 0.28 (55.5%) | 67824 | 42.3 | 0.0 | 0.0 |
| GGG | G6 Materials | 0.09 | 0.13 | 0.05 (54.4%) | 30358 | 1.4 | 0.0 | 0.0 |
| IZ | Intl Zeolite | 0.04 | 0.06 | 0.02 (38.4%) | 8390 | 1.9 | 0.0 | 0.0 |
| NEO | Neo Performance Materials | 6.93 | 8.63 | 1.70 (24.5%) | 58593 | 294.5 | 5.8 | 84.0 |
| CHE-UN | Chemtrade Logistics | 9.25 | 10.68 | 1.43 (15.4%) | 234211 | 1455.4 | 6.9 | 6.4 |
| HELI | First Helium | 0.06 | 0.06 | 0.00 (3.4%) | 97277 | 4.8 | 0.0 | 0.0 |
| CH | Charbone Hydrogen | 0.07 | 0.07 | 0.00 (1.0%) | 201624 | 5.8 | 0.0 | 0.0 |
All data provided as of August 12, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Chemtrade Logistics
Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into two operating segments: Sulphur Products & Performance Chemicals (SPPC) and Electrochemicals. Its geographical segments are Canada, the United States which derives maximum revenue, and South America.
Chemtrade Logistics is listed under CHE-UN 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.
