Dorel Industries: Top 10 Undervalued Furnishings, Fixtures & Appliances Industry Stocks (DII-A)
Dorel Industries is now ranked among the top 10 undervalued stocks in the Furnishings, Fixtures & Appliances 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).
Furnishings, Fixtures & Appliances: Companies that manufacture and market wooden, metal, and upholstered furniture, mattresses, bedsprings, lighting fixtures, wooden flooring, wallpaper, and household products, such as utensils, cutlery, tableware, and appliances. Stocks in this category are held primarily for capital appreciation.
More about Dorel Industries
All data provided as-at market close July 12, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Dorel Industries Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Industries is listed under DII-A 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) and Analyst Consensus
Artificial intelligence at Report on Business
AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.