Hamilton Thorne: Top 10 Undervalued Medical Devices & Instruments Industry Stocks (HTL)
Hamilton Thorne is now ranked among the top 10 undervalued stocks in the Medical Devices & Instruments 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)
Medical Devices & Instruments: Companies that develop, manufacture, and market medical and surgical equipment and machinery, including orthopedic products, respiratory care equipment, x-ray equipment, laser systems, implants, pacemakers, and other major medical machines and apparatus.
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 |
|---|---|---|---|---|---|---|---|---|
| TMD | Titan Medical | 0.09 | 0.33 | 0.24 (285.0%) | 59427 | 9.6 | 0.0 | 0.0 |
| THRM | Therma Bright | 0.02 | 0.06 | 0.04 (204.8%) | 164214 | 4.8 | 0.0 | 0.0 |
| FREQ | Frequency Exchange | 0.16 | 0.27 | 0.11 (68.4%) | 46935 | 5.3 | 0.0 | 0.0 |
| ZEN | Zentek | 1.51 | 2.44 | 0.93 (61.3%) | 41093 | 152.1 | 0.0 | 0.0 |
| QIPT | Quipt Home Medical | 6.77 | 10.43 | 3.66 (54.0%) | 19691 | 274.8 | 0.0 | 494.3 |
| IDL | Imaging Dynamics Co | 0.05 | 0.07 | 0.02 (39.7%) | 22 | 0.5 | 0.0 | 0.0 |
| PINK | Perimeter Medical Imaging | 0.81 | 1.08 | 0.27 (33.2%) | 30480 | 52.4 | 0.0 | 0.0 |
| HTL | Hamilton Thorne | 1.25 | 1.51 | 0.26 (21.1%) | 19669 | 183.4 | 0.0 | 45.6 |
| OPS | Opsens | 2.85 | 3.23 | 0.38 (13.3%) | 401090 | 323.6 | 0.0 | 0.0 |
| VMD | Viemed Healthcare | 10.80 | 12.16 | 1.36 (12.6%) | 31890 | 436.5 | 0.0 | 32.9 |
All data provided as of November 27, 2023.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Hamilton Thorne
Hamilton Thorne Ltd is engaged in providing precision instruments, consumables, software, and services that reduce cost, increase productivity, improve results, and enable breakthroughs in Assisted Reproductive Technologies (ART) and developmental biology research markets. The company markets its products and services under the Hamilton Thorne, Gynemed, and Embryotech Laboratories brands, through its growing sales force and distributors.
Hamilton Thorne is listed under HTL 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.
