Canadian Pacific Kansas: Top 10 Undervalued Large Cap Stocks on TSX (CP)
Canadian Pacific Kansas is now ranked among the top 10 large cap stocks 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)
- Large caps total market capitalization (10-200B)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| TPX-A | Molson Coors Canada | 65.00 | 98.26 | 33.26 (51.2%) | 47 | 13923.0 | 3.5 | 9.4 |
| FFH-U | Fairfax Finl Hldgs | 1132.48 | 1562.16 | 429.68 (37.9%) | 9 | 28532.5 | 0.0 | 7.3 |
| ABX | Barrick Gold | 22.06 | 30.31 | 8.25 (37.4%) | 3595986 | 38737.4 | 2.5 | 19.6 |
| MG | Magna International | 58.68 | 80.42 | 21.74 (37.0%) | 1702808 | 16847.0 | 4.3 | 12.1 |
| OTEX | Open Text | 39.27 | 52.49 | 13.22 (33.7%) | 829148 | 10722.0 | 3.4 | 46.0 |
| CP | Canadian Pacific Kansas | 104.67 | 125.32 | 20.65 (19.7%) | 1217813 | 97803.6 | 0.7 | 25.0 |
| DAY | Dayforce | 70.17 | 83.59 | 13.42 (19.1%) | 14450 | 11220.2 | 0.0 | 154.6 |
| RCI-B | Rogers Communications | 52.12 | 61.94 | 9.82 (18.8%) | 1805350 | 27780.0 | 3.8 | 48.3 |
| BIP-UN | Brookfield Infr Partners | 38.32 | 45.53 | 7.21 (18.8%) | 566684 | 17680.8 | 5.5 | 89.9 |
| TPX-B | Molson Coors Canada | 68.91 | 80.71 | 11.80 (17.1%) | 2773 | 14760.5 | 3.3 | 10.0 |
All data provided as of June 15, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Canadian Pacific Kansas
Canadian Pacific Kansas City is a Class-1 railroad operating on track that spans across most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CP operates new single-line-haul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross border and intra Mexico freight via operating concessions on roughly 3,300 miles of rail in Mexico.
Canadian Pacific Kansas is listed under CP 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.
