EnWave: Top 10 Undervalued Industrial Products Industry Stocks (ENW)
EnWave is now ranked among the top 10 undervalued stocks in the Industrial Products 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)
Industrial Products: Companies that manufacture and market office and business machines, such as copiers, fax machines, postage meters, point-ofsale terminals, and ATMs.
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 |
|---|---|---|---|---|---|---|---|---|
| OSIX | Oceansix Future Paths | 0.07 | 0.16 | 0.09 (131.2%) | 141697 | 11.4 | 0.0 | 0.0 |
| ENEV | Enerev5 Metals | 0.01 | 0.01 | 0.01 (110.0%) | 12051 | 1.2 | 0.0 | 0.0 |
| CAG | Composite Alliance Group | 0.01 | 0.03 | 0.01 (84.8%) | 619 | 1.7 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 3.72 | 6.65 | 2.93 (78.8%) | 438172 | 1112.3 | 0.0 | 0.0 |
| QST | Questor Tech | 0.40 | 0.71 | 0.31 (78.6%) | 20575 | 11.1 | 0.0 | 0.0 |
| LPEN | Loop Energy | 0.04 | 0.06 | 0.02 (51.6%) | 79894 | 1.4 | 0.0 | 0.0 |
| SAY | Sparta Cap | 0.02 | 0.03 | 0.01 (40.3%) | 94195 | 4.9 | 0.0 | 0.0 |
| OML | Omni-Lite Indus | 1.07 | 1.40 | 0.33 (30.5%) | 35044 | 16.5 | 0.0 | 15.6 |
| EXRO | Exro Technologies | 0.50 | 0.64 | 0.14 (27.5%) | 159347 | 85.0 | 0.0 | 0.0 |
| ENW | EnWave | 0.23 | 0.26 | 0.03 (13.0%) | 80354 | 25.5 | 0.0 | 0.0 |
All data provided as of June 14, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
EnWave
EnWave Corp is engaged in licensing its intellectual property through royalty-bearing agreements and the design, construction, marketing and sales of vacuum-microwave machinery for the food, cannabis and biomaterial dehydration industries. The Company's wholly-owned subsidiary, NutraDried Food Company, LLC manufactures, markets and sells certain dehydrated food products manufactured using EnWave's proprietary technology.
EnWave is listed under ENW 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.
