CareRx: Top 10 Undervalued Healthcare Providers & Services Industry Stocks (CRRX)
CareRx is now ranked among the top 10 undervalued stocks in the Healthcare Providers & Services 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)
Healthcare Providers & Services: Companies that provide medical services through the ownership and operation of hospitals, and other auxiliary healthcare-related services, including healthcare staffing and ambulatory services. Also, companies that operate long-term-care facilities, such as assisted-living centers, nursing and retirement homes, substance-abuse centers, and centers for rehabilitation services.
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 |
|---|---|---|---|---|---|---|---|---|
| JNH | Jack Nathan Medical | 0.03 | 0.11 | 0.08 (268.4%) | 64337 | 2.7 | 0.0 | 0.0 |
| KOVO | Kovo Healthtech | 0.03 | 0.09 | 0.06 (240.5%) | 25380 | 1.3 | 0.0 | 0.0 |
| NUMI | Numinus Wellness | 0.07 | 0.15 | 0.08 (117.6%) | 378854 | 18.5 | 0.0 | 0.0 |
| PHA | Premier Health Of America | 0.33 | 0.68 | 0.35 (105.6%) | 41187 | 18.3 | 0.0 | 0.0 |
| CHS | Comprehensive Healthcare | 0.01 | 0.01 | 0.01 (101.4%) | 136688 | 0.6 | 0.0 | 0.0 |
| DOC | CloudMD Software & Servs | 0.04 | 0.07 | 0.03 (55.6%) | 313831 | 13.5 | 0.0 | 0.0 |
| CRRX | CareRx | 2.06 | 3.09 | 1.03 (49.9%) | 17841 | 123.3 | 0.0 | 0.0 |
| CRBK | Carebook Technologies | 0.07 | 0.10 | 0.03 (47.7%) | 2878 | 7.2 | 0.0 | 0.0 |
| OKAI | EvokAI Creative Labs | 0.13 | 0.19 | 0.06 (47.4%) | 23 | 8.8 | 0.0 | 0.0 |
| FAF | Fire & Flower Holdings | 0.29 | 0.42 | 0.13 (43.7%) | 13.2 | 0.0 | 0.0 |
All data provided as of May 28, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
CareRx
CareRx Corp is a provider of specialty pharmacy services to seniors. The company is a national organization with a large network of pharmacy fulfilment centers strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education, and medication system quality and efficiency.
CareRx is listed under CRRX 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.
