Dominion Lending Centres: Top 10 Undervalued Banks Industry Stocks (DLCG)
Dominion Lending Centres is now ranked among the top 10 undervalued stocks in the Banks 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)
Banks: ul
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 |
|---|---|---|---|---|---|---|---|---|
| FDI | Findev | 0.40 | 0.46 | 0.06 (14.5%) | 7113 | 11.5 | 7.5 | 5.7 |
| BCF | Builders Capital Mortgage | 8.50 | 9.73 | 1.23 (14.5%) | 1548 | 27.0 | 9.4 | 8.2 |
| MKP | MCAN Financial | 16.05 | 17.53 | 1.48 (9.3%) | 29958 | 574.4 | 9.4 | 7.3 |
| FC | Firm Cap Mortgage Inv | 10.99 | 11.84 | 0.85 (7.7%) | 21714 | 435.3 | 8.5 | 11.2 |
| LB | Laurentian Bank of Canada | 27.18 | 28.36 | 1.18 (4.3%) | 99439 | 1187.2 | 6.9 | 7.7 |
| TF | Timbercreek Financial | 7.12 | 7.32 | 0.20 (2.8%) | 108169 | 619.9 | 9.8 | 9.5 |
| DLCG | Dominion Lending Centres | 3.53 | 3.61 | 0.08 (2.3%) | 57134 | 170.2 | 3.6 | 64.6 |
| AI | Atrium Mortgage | 11.22 | 11.35 | 0.13 (1.2%) | 18646 | 610.6 | 8.0 | 10.2 |
All data provided as of May 22, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Dominion Lending Centres
Dominion Lending Centres Inc is a mortgage brokerage franchisor and mortgage broker data connectivity provider with operations across Canada. The Group operates through Dominion Lending Centres and its three main subsidiaries, MCC Mortgage Centre Canada Inc., MA Mortgage Architects Inc and Newton Connectivity Systems Inc. The company has two operating segments, namely, the Core Business Operations segment and the NonCore Business Asset Management segment.
Dominion Lending Centres is listed under DLCG 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.
