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Firm Cap Mortgage Inv: Top 10 Undervalued Banks Industry Stocks (FC)

AI-generated - The Globe and Mail - Wed Jul 17, 6:41AM CDT

Firm Cap Mortgage Inv 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.

SymbolNameClose Price ($)Valuation ($)DifferenceAverage Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
FDIFindev0.410.510.10 (24.9%)161311.67.45.8
ECNECN Capital1.802.050.25 (14.1%)167365555.12.20.0
BCFBuilders Capital Mortgage8.509.430.93 (10.9%)148426.99.48.2
FCFirm Cap Mortgage Inv11.2812.200.92 (8.2%)26490446.78.311.4
VBNKVersaBank15.3516.381.03 (6.7%)9002398.60.78.6
AIAtrium Mortgage11.0211.710.69 (6.2%)32942599.78.210.0
MKPMCAN Financial16.5617.350.79 (4.8%)26680592.69.37.5
TFTimbercreek Financial7.507.650.15 (2.0%)141961653.09.210.1
LBLaurentian Bank of Canada26.6426.880.23 (0.9%)2240311166.47.10.0

All data provided as of July 17, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.

Firm Cap Mortgage Inv

Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments.

Firm Cap Mortgage Inv is listed under FC 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.