Ensign Energy Services: Top 10 Undervalued Small Cap Stocks on TSX (ESI)
Ensign Energy Services is now ranked among the top 10 small cap stocks on the Toronto Stock 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)
- Small caps total market capitalization (300M-2B)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| SGR-U | Slate Grocery | 8.06 | 14.79 | 6.73 (83.5%) | 668 | 486.1 | 10.7 | 13.0 |
| SOLG | SolGold | 0.15 | 0.27 | 0.11 (73.6%) | 419475 | 465.2 | 0.0 | 0.0 |
| IAU | i-80 Gold | 1.62 | 2.73 | 1.11 (68.3%) | 1267958 | 494.6 | 0.0 | 0.0 |
| ESI | Ensign Energy Services | 2.33 | 3.52 | 1.19 (50.9%) | 247649 | 429.9 | 0.0 | 12.5 |
| SSRM | SSR Mining | 7.36 | 10.49 | 3.13 (42.5%) | 431042 | 1489.3 | 3.6 | 0.0 |
| HOM-UN | BSR REIT | 15.92 | 22.56 | 6.64 (41.7%) | 20346 | 530.0 | 4.4 | 0.0 |
| HOM-U | BSR REIT | 11.55 | 16.04 | 4.49 (38.9%) | 20808 | 384.5 | 4.4 | 0.0 |
| VGCX | Victoria Gold | 7.50 | 10.27 | 2.77 (36.9%) | 228990 | 499.4 | 0.0 | 35.0 |
| IFP | Interfor | 18.47 | 25.15 | 6.68 (36.2%) | 162062 | 950.2 | 0.0 | 0.0 |
| FEC | Frontera Energy | 8.89 | 11.92 | 3.03 (34.0%) | 40405 | 755.6 | 0.7 | 3.0 |
All data provided as of May 18, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Ensign Energy Services
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services.
Ensign Energy Services is listed under ESI 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.
