Findev: Top 25 Undervalued Dividend Stocks on TSX-V (FDI)
Findev is now ranked among the top 10 undervalued small cap dividend-paying stocks on the TSX Venture Exchange (TSX-V).
- 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, micro and nano group market capitalization (<10B)
Stocks in this category are held primarily for potential income and capital appreciation. Dividend stocks showing a higher valuation than their current price have both potential upside and ability to sustain or grow their dividend.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| UFC | Urbanfund | 0.80 | 0.87 | 0.07 (9.2%) | 3360 | 48.5 | 6.3 | 6.5 |
| RX | Biosyent | 10.85 | 11.00 | 0.15 (1.4%) | 5162 | 128.0 | 1.6 | 18.2 |
| LPC | Lorne Park Capital | 1.30 | 1.31 | 0.01 (0.7%) | 72.4 | 2.2 | 40.6 | |
| MAR-UN | Marwest Apartment | 0.79 | 1.18 | 0.39 (49.5%) | 5757 | 7.0 | 2.0 | 1.2 |
| ORC-B | Orca Energy Group | 3.06 | 4.82 | 1.76 (57.6%) | 2736 | 60.5 | 13.3 | 14.8 |
| PINE-UN | Pine Trail | 0.03 | 0.03 | 0.01 (26.5%) | 3750 | 0.9 | 6.0 | 20.3 |
| SRES | Sun Residential REIT | 0.04 | 0.06 | 0.02 (47.7%) | 164542 | 8.1 | 9.5 | 0.0 |
| BCF | Builders Capital Mortgage | 9.00 | 9.42 | 0.42 (4.7%) | 1273 | 28.4 | 8.9 | 8.7 |
| NXLV | NexLiving Communities | 1.93 | 2.98 | 1.05 (54.3%) | 2022 | 32.4 | 2.0 | 6.7 |
| FDI | Findev | 0.41 | 0.46 | 0.05 (12.4%) | 1127 | 11.7 | 7.3 | 5.9 |
All data provided as of March 31, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Companies included above paid a dividend in the last 12-months.
Findev
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above-average returns in a two to three-year timeframe. It focuses on lending to residential and retail development projects within the Greater Toronto Area. It focuses on real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments.
Findev is listed under FDI 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.
