Emerge Commerce: Top 10 Undervalued Retail - Cyclical Industry Stocks (ECOM)
Emerge Commerce is now ranked among the top 10 undervalued stocks in the Retail - Cyclical 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)
Retail - Cyclical: Companies engaged in the retail sale of clothing, shoes, and accessories.
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 |
|---|---|---|---|---|---|---|---|---|
| FTI | FTI Foodtech Intl | 0.03 | 0.04 | 0.01 (47.5%) | 7000 | 0.4 | 0.0 | 0.0 |
| RET | Reitmans (Canada) | 2.86 | 4.04 | 1.18 (41.1%) | 1192 | 142.7 | 0.0 | 3.3 |
| IDG | Indigo Books & Music | 2.02 | 2.64 | 0.62 (30.9%) | 25530 | 57.0 | 0.0 | 0.0 |
| KITS | Kits Eyecare | 6.43 | 6.66 | 0.23 (3.6%) | 29185 | 201.9 | 0.0 | 0.0 |
| ZZZ | Sleep Country Canada | 29.50 | 30.29 | 0.79 (2.7%) | 119914 | 1030.2 | 3.2 | 14.5 |
| ECOM | Emerge Commerce | 0.04 | 0.04 | 0.00 (1.8%) | 260932 | 4.7 | 0.0 | 0.0 |
| ROOT | Roots | 2.40 | 2.41 | 0.01 (0.5%) | 5786 | 97.5 | 0.0 | 0.0 |
All data provided as of March 12, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Emerge Commerce
Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The firm's network of subscription and marketplace e-commerce sites provide its members with access to pet products, premium meat and groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarinvoreClub.co, WagJag.com, and BeRightBack.ca.
Emerge Commerce is listed under ECOM on the TSX Venture 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.
