Greenlane Renewables: Top 10 Undervalued Industrials Sector Stocks on TSX (GRN)
Greenlane Renewables is now ranked among the top 10 undervalued stocks in the Industrials sector 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)
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 |
|---|---|---|---|---|---|---|---|---|
| CWL | Caldwell Partners Intl | 1.04 | 2.04 | 1.00 (96.0%) | 2015 | 30.7 | 0.0 | 0.0 |
| EXRO | Exro Technologies | 0.20 | 0.34 | 0.15 (76.7%) | 406773 | 95.6 | 0.0 | 0.0 |
| TTNM | Titanium Transportation | 2.21 | 3.57 | 1.36 (61.4%) | 17095 | 100.3 | 3.6 | 73.7 |
| LEV | Lion Electric | 0.92 | 1.41 | 0.49 (53.2%) | 222029 | 208.1 | 0.0 | 0.0 |
| BLDP | Ballard Power Systems | 2.25 | 3.28 | 1.03 (45.7%) | 1508947 | 673.6 | 0.0 | 0.0 |
| KLS | Kelso Technologies | 0.19 | 0.27 | 0.08 (43.6%) | 13864 | 10.3 | 0.0 | 0.0 |
| GRN | Greenlane Renewables | 0.07 | 0.10 | 0.03 (42.9%) | 53581 | 10.8 | 0.0 | 0.0 |
| ELVA | Electrovaya | 3.07 | 4.38 | 1.31 (42.6%) | 10761 | 104.8 | 0.0 | 111.4 |
| DRX | ADF Group | 9.68 | 12.58 | 2.90 (30.0%) | 116626 | 302.0 | 0.3 | 5.9 |
| DCM | DATA Comms Mgmt | 2.65 | 3.16 | 0.51 (19.4%) | 54184 | 153.3 | 0.0 | 0.0 |
All data provided as of October 15, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Greenlane Renewables
Greenlane Renewables Inc is a provider of biogas upgrading systems. Its systems produce clean, renewable natural gas from organic waste sources, including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. The company generates revenue in the form of System sales and Aftercare services. The company has its geographic presence in Canada, Brazil, Europe and United States and Others.
Greenlane Renewables is listed under GRN 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.
